BAILOUT
June 8, 2009
- As people continue to lose jobs, albeit at a slower rate than was expected, our President has claimed that the stimulus is already responsible for 150,000 created or saved jobs. He also promised 600,000 more this summer! Wow! Go Mr. President!!Now, lest you think I've lost my mind, remember I am a sarcastic d***head.Let me explain.Nobody...NOBODY...can explain where these numbers come from. Not ...
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March 31, 2009
- There's a lot more firsts going on than just a non-white president. Don't get me wrong, I KNOW Barack Obama has good intentions. He's pretty easy to read despite his attempts to not be. But mistakes are being made and I need to point them out so hopefully we can avoid repeating them in the future.First and foremost: how come the government gets to decide how much people working for public ...
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March 28, 2009
- I'm very cheered to hear about 35,000 marchers in the Put People First March in London March 28, 2009, gathered together to tell G20 leaders meeting this week in the city that Jobs, Justice, and Climate should be the priority of the G20 meetings.The march was organized by over 100 trade unions, church groups, charities, and environmental groups aimed at speaking to G20 leaders. The photos on the ...
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March 20, 2009
- It coddles my heart to see Mrs. O splashed on the cover of every major rag wearing Gucci, Dior; while I struggle to find "change" to give to the homeless guy.
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March 13, 2009
- Excuse me, but I got a couple of questions. What's the damn deal? The hell happened? Am I missing something? I mean, come on, Barack Obama assumed office almost two entire complete whole months ago and I look in the paper and guess what? Equivalence. The war in Iraq... rages on; Global warming... continuing hotness. AND in case you haven't noticed, the economy... major suckage with the emphasis ...
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February 24, 2009
- All the major newspapers today have stories about nationalizing our nation's biggest banks as a way to deal with assets which have proven to be liabilities instead.Nationalization sounds radical, but the postal service has been nationalized for years. The U.S. government owns Amtrak. Intelligence, as we know it, is nationalized, hence the Department of Homeland Security. The ...
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February 17, 2009
- So where are we, politically speaking?Well, I'll tell you where we aren't.Hope for Change has fizzled, despite the new leaders promises, intent and attempts.We haven't ended any wars.We haven't fixed our economic crunch.Oh blah blah blah. Its easy to complain about the obvious. I'd like to point out something nobody else seems to have noticed.Summary: Our market's tendency to go bounce and self ...
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February 13, 2009
- BROOKLYN, N.Y. , Feb 13...The economic crisis is being prolonged by faulty terminology that distorts perceptions, dampens expectations and crushes optimism, an analyst charged today. "Our nomenclature is counter-productive," said Efraim Durg, founder and CEO of NeuroBrands, a marketing consultancy. "We say one thing, but the listener reacts in a totally different way." ...
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January 6, 2009
- My year begins with optimism for change for the better, and worry because the economy is deteriorating. Since retiring I've been a full time artist and writer, living on savings and investments, and like most of my friends, taken a finanical hit this last year. I've lived through quite a few recessions, but nothing like this one. So my recent epigrams have tended to the financial: "It's the ...
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December 28, 2008
- David Cay Johnston, investigative journalist and best-selling author of "Free Lunch," writes:"Notice that in the current bailout, foreclosure relief has been minimal and the official debate is wrapped in language about moral hazard, and borrowers who were irresponsible. Unmentioned is the role of the 2005 bankruptcy law in prompting people who are in a financial squeeze to choose, ...
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