Posts Tagged ‘Economy’

Hypocrisy Rampant in Outrage over Earmarks

It burns!!  Republicans have recently been in a complete feeding frenzy over their new whining point: earmarks.  However, their actions and their words are so brilliantly opposed that it’s become almost funny.
I say almost because people are buying into this.  Earmarks are wasteful in some cases, but are a process that is inherent in our [...]

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More on AIG Bonuses

As a follow-up to my previous post on the AIG bonuses, Representative Brad Sherman, a Democrat from California, gave an interview to TPM Digest in regards to what legal means the government might have used to stop corporate bonuses. The gist seems to be that the Treasury Department had the power, but hasn’t been [...]

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AIG Hires Burson-Marsteller

Apparently, AIG needs some help cleaning up its image, so they’ve hired the PR company, Burson-Marsteller. They’ve been the PR representatives of some pretty bad eggs, so I wonder if AIG has any other, more serious skeletons in its closet.
Here’s Rachel Maddow talking about it.  I know the segment is old, but I was just [...]

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AIG Bonuses and Government Impotence

Over the weekend a story has going on that AIG, a company that took billions in government money, is giving over $100 million in bonuses to their executives.  They claim that these bonuses are ones that they’re contractually obligated to pay, they’re still using taxpayer dollars to give them.  This article from the TPM Digest [...]

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John Stewart vs. Jim Cramer

If you haven’t seen this video, you absolutely should. One of the best Daily Shows in a long time and it really hits at the heart of the concerns about short selling and the market trouble we’re in now. I also think it hits a lot on the problems with the corporate-owned and [...]

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Highlights from Obama’s Speech

Here’s the full transcript. I’ve picked out my favorite things that he said.  There were a lot of stuff I thought were great, naturally.

The fact is, our economy did not fall into decline overnight. Nor did all of our problems begin when the housing market collapsed or the stock market sank.
We have known for decades [...]

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Poll About Obama

An interesting poll that’s come out recently.  From New York Times, more details there:
…A month into Mr. Obama’s term, with his first big accomplishments, setbacks and political battles behind him, more than three-quarters of Americans said they are optimistic about the next four years with him as president. Similar percentages said they think he is [...]

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US Considering Nationalizing Banks

That’s pretty much what this is and for all of you crying about “socialism” and “communism,” I’d like to hear how else you’d like the government to regulate those banks that want billions of taxpayers’ dollars.  And don’t say not to bail them out because that’s just not a smart move.  Can you imagine what [...]

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British Politics

This semester I’m taking a class on British Politics and we’re learning about how Parliament works there.   A few things I’m not sure I would like over here, but one aspect I definitely would.  The runner-up party in the elections are called the “Opposition Party” and they appoint their own ministers to correspond with the [...]

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Stupid Arguments Against the Stimulus Bill

Now that there’s been a comprimise in the Senate and it’s moving toward passing, let’s look at all the stupid reasons that stubborn Republicans have used against this.  Some of these may have been successfully taken out of the bill in the Senate; I won’t know until I hear more about the compromise.
Let’s start with [...]

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