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 […]
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 […]
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 […]
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 […]
“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 […]
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 […]
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 […]
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 […]
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 […]