Archive for the ‘Economy’ Category

Republican Governors Reject $1.7 Billion Worth Of Food, Unemployment, And Education

Looking A Gift Horse In The Mouth Can Turn A Governor Into An Ass
Barack Obama announced plans Friday to send $1.5 billion to Pakistan every year for the next five years, to build schools and roads and hospitals. That’s $7.5 billion dollars. As far, as we know, the Pakistanis haven’t rejected the funding.
Compare that to [...]

Cantor, Pence, Boehner Promise Republican Road to Recovery, Deliver Dead End

After months of complaining about too few tax cuts for the rich, after weeks of claiming Obama’s budget ”spends too much, taxes too much and borrows too much,” after days of trying to blame Democrats and Obama for everything from the AIG bonuses to paling around with Jay Leno, the Republicans Thursday introduced their much-heralded budget.
Calling [...]

Republicans And Earmarks: Do As I Say, Not As I Do.

The current version of the 2009 Omnibus Spending Bill making its way through Congress as we speak is being attacked by the press, as well as many Democrats and Republicans. But not all. President Obama promised during his campaign to reduce the amount of earmarks to 10% of spending, but the current bill is loaded [...]

The Non-Coincidence Of Task Forces And Their Results, or Yes, The Right Wrecked America.

Two weeks into his presidency, George W. Bush appointed vice-president Dick Cheney to chair the National Energy Policy Development Group. Two weeks into his presidency, Barack Obama appointed vice-president Joe Biden to chair the White House Task Force on Middle Class Working Families. Cheney’s task force was charged with developing “a national energy policy designed to help the [...]

Intelligent Leaders Make Intelligent Decisions

The New York Times, evidently proud of its Op-Ed columnist Paul Krugman and today’s announcement naming him the Nobel Memorial Prize winner in Economic Sciences, decided to wake me up with this information at 7:00 AM with a “News Alert” text message. I’m a big fan of Paul Krugman, text messages, and the New York Times, but not [...]

Four More Weeks and A Mushroom Cloud

With a little luck, and we could use a lot of it right now, four weeks from tonight we will know who will be the next president of these United States. It’s been a long campaign, more than a year, and while, regardless on which horse your money’s riding (assuming you have any left – [...]

Overextended Credit

It’s 12:53 PM, as I write this, sitting here in my local Starbucks, just around the corner from my home in Manhattan’s Hell’s Kitchen. I’m looking out the window, watching the traffic cop on the corner of 43rd Street and 11th Avenue, the traffic cop whom I see regularly in this Starbucks on her break. [...]

Congress: 0. Americans: 0. Civil War: 1.

 
America’s Economic Crisis Is Merely A Symptom Of A Greatest Crisis To Come.
The Road To Civil War. Part One.
 
The House’s failure Monday to pass the historic federal bailout bill is a failure of our government to do its most essential job: protect the people it was elected to represent. This was not democracy in action. This [...]