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  • Sep
    24th

    Remember When $500 Billion Was A Big Bailout? John McCain Hopes You Don’t

    John McCain, that POW guy who can’t tell the truth from a lie, and the guy who wants you to give him the key to the most powerful office in the world, has intimate experience with financial meltdowns and big government transfers of wealth from taxpayers to crooked financial bastards.
    John McCain a liar and a [...]


    Sep
    23rd

    Details Of $700 Billion Wall Street Bailout Start To Emerge

    As Federal officials warn of a bleak future and a certain recession  if they don’t get their Wall Street bailout plan passed quickly, a look at the emerging details shows what it is they are really asking for:
    Passage of the bailout measures would create huge new federal powers, even as they offer no sure success.
    (from [...]


    Sep
    22nd

    Sep
    19th

    Financial Crisis: What Should You Do?

    It’s no longer an open discussion-we are in the midst of the worst financial storm since the Great Depression. And it’s not even close to being over, despite the exuberance on Wall Street following the announcement of a federal bail-out for the flimsy mortgage market and other financial institutions. Make no mistake about it kids…this [...]

    Posted in Economy, Life | 3 Comments »

    Sep
    17th

    John McSame- “I’m always for less regulation.”

    As John McSame does another giant flip-flop on who he wants you to think he is, it’s helpful to remember that as a politician, John McSame often describes himself as “the greatest deregulator” ever interviewed.
    Why, it was just a few months ago, in March 2008, that McSame said this in an interview with the Wall [...]


    Jul
    16th

    Socialism Is Evil! (Unless You Need A Corporate Bail-Out)

    “Ours is a system of corporate socialism, where companies capitalize their profits and socialize their losses…in effect, they tax you for their accidents, bungling, boondoggles, and mismanagement, just like a government. We should be able to dis-elect them.”
    - Ralph Nader
    Conservatives hate socialism. We know this is true because they tell us how evil socialism really [...]


    Jun
    27th

    Personal Incomes Soar Thanks To Tax Rebates-Or Do They?

    Boy oh boy, George W. Bush must be doing the happy dance in the Oval Office this morning as newspapers and media outlets are all chanting the same verse: personal incomes in May rose to the highest levels in 33 years! 
    What? I thought we were in some kind of recession. And rising gas prices are [...]


    Jun
    26th

    The Taxation Blame Game

    Some things are repeated so often that they become accepted as truth, despite the fact that there is little reality attached to them. In politics, one of these “truths” is that Democrats will always raise taxes and Republicans will always try to reduce taxes. But how true is this really? And maybe more importantly, what [...]


    Jun
    19th

    Unregulated Capitalism and The Mortgage Crisis

    Conservatives have a mantra- the market is king. They feel that any government regulation of business activity is too much, and further, that if a consumer is too “stupid” to understand all the fine print legalese then too bad, so sad. To make money is the ultimate goal, regardless of who you throw under the [...]


    Feb
    28th

    Bush Insists Recession Not Coming- Asks For New "Rosy Glasses" Stimulus Package

    Denying the claims of economists nationwide, President Bush today said that HE doesn’t think the nation is headed towards recession.
    “I’m concerned about the economy. I don’t think we’re headed to recession. But
    no question, we’re in a slowdown.”
    At the White House news conference, Bush also claimed that the dollar was still strong:
    “I believe that our economy [...]



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