66% Of Americans “Angry” With The Current Policies Of The Liberal-Dominated Federal Government
And 39% of that 66% are very angry: Sixty-six percent (66%) of voters nationwide say they’re at least somewhat angry about the current policies of the federal government. Thirty-six percent (36%) are Very Angry. Despite the high level of political anger last year that helped fuel President Obama’s election, 59% say the current level of political anger in the country is higher than it was when George W. Bush was president. The cure for this? Limiting government, I think. [more...]
Date: 2009-09-27 19:33:54
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And Now For Some Questions...
Jen Andersonasks:I'm curious--how do you juggle working and homeschooling? The whole juggling act has gotten easier as Mrs. G's kids have gotten older. Mrs. G. is a part-time teacher, so she has been very lucky in creating a schedule that doesn't require her to be away from home for more than a few hours a day. Each Sunday, Mrs. G [more...]
Date: 2008-12-13 03:25:00
Turning Attention to Christmas Bills
When I was a kid I remember being so depressed the day after Christmas, knowing Santa would not make a return trip for some 364 days ... and pen, and listing each of your credit cards. Update each card’s balance with current information ... -in-law” syndrome. The symptoms include overspending around the holidays in an effort to impress [more...]
Date: 2008-12-26 14:07:19
Half a Million Lost Jobs, Civil Unrest, the Obama Rally and More!
by Addison Wiggin & Ian Mathias Another half a million jobs lost… unemployment reaches new historic highs So how long until people take to the streets? Army already plans to “quell civil unrest” Consumers, businesses borrow less… Bill Bonner on why government spending can’t cure private withdrawal Hoping for an Obama rally? [more...]
Date: 2009-01-08 01:36:29
The Alternate Finance Crisis Glossary
The BBC website has just posted a rather good glossary of terms that've cropped up a lot in coverage of the Continuing Financial Crisis From Hell ... . Contrast with liabilities, which sit in the left-hand column. Hence the saying "the problem ... . Chapter 11 What companies do when it all becomes too much to handle. Collateralised debt obligation [more...]
Date: 2009-01-13 10:36:38
What’s next for Lee?
Although its stock has been pummeled to pennies per share and its auditors have stated the company is in danger of defaulting on $1.4 billion in debt, Lee Enterprises still produces a larger operating profit, percentage-wise, than ... to make a $142.5 million debt payment due this spring.Because Lee is unlikely to have the cash to pay [more...]
Date: 2009-01-05 04:15:00
Words from the (investment) wise 9.20.09
Words from the (investment) wise for the week that was (September 14 – 20, 2009) Marking the one-year anniversary of the Lehman Brothers demise, risky assets last week again marched higher to the tune of economic data supporting the argument of a global economic recovery. A realization among investors that the economic transition from recession to recovery was gaining momentum, resulted in many global stock markets scaling fresh peaks for the year. [more...]
Date: 2009-09-20 14:00:20
Truthout Columnist William Rivers Pitt on Bush's Legacy
Greetings, Mr. Bush. I was sorry to hear about the passing of your cat, India. Eighteen years is a long time for a cat - my mother has one that's 20 and still going strong, if you can believe it - and I'm sure India had a comfortable, caring life with your family. I got to spend part of last weekend with an old friend of mine [more...]
Date: 2009-01-12 18:15:00
Stimulus packages are panic policy and inflationary
Order my book online from this link We now know a little more about the global financial crisis from the terrible experience of 2008, and can trace its causes back to cheap credit after the dot-com crash of 2000 and a huge volume ... And what we have seen is a series of panic initiatives to stop a deflationary debt implosion by shoring [more...]
Date: 2009-01-07 08:56:44
Confessions of A Cultural Anthropologist: Cause and Cure of High Health Costs
"Today’s medical students are being inducted into a culture in which their profession is seen increasingly in financial terms. Add in such pressures as the need to pay off enormous debts, and it is not surprising that students’ choices are dictated by the desire to maximize income and minimize work time [more...]
Date: 2009-01-09 17:10:00
Passin’ the Buck
My morning ritual combines breakfast and channel surfing, to get a flavor of what we used to call the “mass media” considers newsworthy ... administrators of the federal student loan program. ASA has put forth a proposal for federal student loan reform ... is on the up and up, interest rates are high, repayment options are limited, and students face the [more...]
Date: 2009-01-13 14:15:10
Terengganu’s debt soars despite return of royalties
Terengganu’s debt soars despite return of royalties One night, when I was unable to fall asleep, I opened up the Auditor-General’s report, ... , the state government’s debt to the federal government has been rising during the same period: 2003 - RM891 ... These are largely due to federal loans, taken out for water supply and low-cost housing projects. [more...]
Date: 2009-01-15 11:31:06
The collusion of church and state
Americans United for Separation of Church and State has responded to the newest press blast (pdf here) by the Bush White House about their lovely faith-based initiatives. In short, they are trash. Bush et al are still trying to spin these things as if they are much better than Christian platforms endorsed by the government in one of the grossest [more...]
Date: 2009-01-12 16:33:00
More Bailouts… Are You Still Angry?
I’m reading about the big three car maker bailouts and I’m not sure whether I want to laugh or cry. I think I’m leaning towards crying. I understand that car makers circulate significant money through the US economy. My question is: aren’t there a lot of businesses doing the same thing? Are we going to see T.G.I [more...]
Date: 2008-12-09 12:55:11
A Philosophy For Everyday Living
A Guest Post by John A. WoodPassing The Buck (Shifting the Burden of Responsibility)PREAMBLEA daydream of mine, destined to be unfulfilled, is to know how my grandfathers saw life - in a sense, what their philosophy for everyday living was. What follows, like the grab-bag of personal musings I’ve penned over the past 15 years, [more...]
Date: 2009-01-08 02:56:07
UN Pushing for Global Currency
The dollar should be replaced with a global currency, the United Nations has said, proposing the biggest overhaul of the world's monetary system since the Second World War. In a radical report, the UN Conference on Trade and Development (UNCTAD) has said ... the present system, under which the dollar acts as the world's reserve currency , should be subject to a wholesale reconsideration. [more...]
Date: 2009-09-20 15:11:11
The Text Of A Speech I will Deliver Today To The Rotary Club
When Phil Dunbar first approached me on the subject of speaking I was somewhat hesitant although I might not have said so. I am typically a shy person in a lot of respects, and tend to be a real homebody…and have always had some difficulty with the public speaking thing. I clearly remember the first speech I ever gave [more...]
Date: 2009-01-13 11:38:00
A Century Of Cars: Does Detroit Deserve A Bailout?
Near the Detroit Metropolitan Airport, visible from several major highways, is a four-story tall replica of a Uniroyal tire. It was built for the 1964 World???s Fair in New York and was moved to its present site after that event closed. Back then, Akron, Ohio was the ???Rubber Capital??? [more...]
Date: 2008-11-30 22:29:33
Guest Post: Is Capitalism Dead?
By Richard Larsen One of the distinguishing characteristics of America versus European or Asian nations is a commitment to the principles of free market economics. This is the conviction that entrepreneurism by individuals can create products and services of sufficient demand that wealth can be created; [more...]
Date: 2009-01-15 04:57:57
The GOP Needs To Kill The Regan Lie-Podcast Script
As the Shrub gets ready to wave from the Marine Corp One for the last time, with his failed administration, failed attempts at rehabilitation the question is who was the best Republican president ever? If you ask the candidates for the chair of the Republican National Committee their top choice is not either of the Bush’s but Ronald Reagan [more...]
Date: 2009-01-15 12:05:56
Operation Cast Lead – Week III
Let us start with the good news. First, the Israel Defense Forces (IDF) has removed the stain of the 2006 Second Lebanon War. The Winograd Commission found drastic failures in both the political echelons and the command level of the IDF. But it also found that troops on the ground had lacked the commitment to the completion of the “the mission” [more...]
Date: 2009-01-14 21:21:20
I Have a Dream
Obama's Hopeful Economic Speech copyright ? 2009 Betsy L. Angert. BeThink.org I have a dream. I dream of a day when Americans will separate themselves from a difficult past. I dream of a time when partisan politics will not divide us. In my dream, I see a nation united; one in which Black children, white, Brown, yellow, [more...]
Date: 2009-01-09 00:55:47
20090108 Merrill Lynch David Rosenberg Focus is on the cure, not the patient
Even recession proof items are being cut back onEven so-called recession-proof items like food (-3.6% SAAR) are being cut backon as households shift from veal marsala to pot roast, and from brand name toprivate label (in real or unit terms, food consumption has declined for six monthsin a row, so this is not just about lower prices, [more...]
Date: 2009-01-13 05:42:00
My Predictions for 2009… and What I Got Wrong in 2008
Hi Guys, Happy New Year! It’s been a while since we last caught up. I hope you are well and that you had a wonderful holiday and a very happy New Year. I was on vacation for the holidays. We had a terrific break. We took our three boys to Disney World. What a treat! We go once a year usually around President’s Day weekend [more...]
Date: 2009-01-06 21:43:37
Travelling Through Latvia In Good Company (Ultra-Wonkish)
Well, it seems I’m not the only one who thinks that the IMF have made a bad decision over Latvia, ... devaluation and a real depreciation achieved through deflation should have exactly the same effect on debt service (unless some of the debt is in lats rather than euros, in which case devaluation would do less [more...]
Date: 2008-12-24 10:51:43
"A Creation Myth For The 21st Century"
Did anyone ever ask IVF children whether they wanted to go through life as genetic orphans? ... have been willing to pay for IVF, even if it means remortgaging the house or racking up credit card debt. And IVF ... . But Olivia compares herself to adopted children, and like them, she wants the law to recognize her right [more...]
Date: 2009-01-12 02:50:00
Lee auditors issue ‘going concern’ warning
With Lee Enterprises unlikely to have the cash required to make a $142 ... publishers, loaded up on debt to fund acquisitions in the expectation that it could repay the loans ... .5 million debt payment due this spring, there is “substantial doubt about its ability to continue [more...]
Date: 2009-01-01 19:31:00
Management Changes at Borders Group
Borders Group Announces Management Changes Including New CEO; Holiday Sales Results Also Reported ANN ARBOR, Mich., Jan ... by Borders Group over recent quarters within the challenging economy to reduce debt, improve cash flow ... . 5, 2009 —Borders Group today announced several management changes—including the appointment [more...]
Date: 2009-01-08 16:54:39
Management Changes at Borders Group
Borders Group Announces Management Changes Including New CEO; Holiday Sales Results Also Reported ANN ARBOR, Mich., Jan ... by Borders Group over recent quarters within the challenging economy to reduce debt, improve cash flow ... . 5, 2009—Borders Group today announced several management changes—including the appointment [more...]
Date: 2009-01-07 05:03:51
Fan Letter To The Worst President Ever
The Greatest Greatness of George W. BushWednesday 07 January 2009by: William Rivers Pitt, t r u t h o u t | Columnist George W. Bush. (Photo: Getty Images) Take me down little Susie, take me down I know you think you're the queen of the underground And you can send me dead flowers every morning Send me dead flowers by the mail Send me dead [more...]
Date: 2009-01-09 20:59:00
Obamanomics - The Not New Deal
Based on Mr. Obama's speech yesterday, the federal government plans to spend it's way out of this recession mounting a trillion dollar or more ... much worse, and subject our children and their children to an unbelievably enormous debt ... people to spend and accrue more debt is a path to further destruction. The way out of debt [more...]
Date: 2009-01-09 17:15:00
Ben's Printing Continues
A: In mid-late 2007, I decided to change the tune of this blog from daily discussions of Manhattan real estate, to the credit crisis. Now, its weeks before 2009, the credit crisis continues, the fed has taken unprecedented measures, and I will start to incorporate the effects of such policy into this site. Why? [more...]
Date: 2008-12-21 15:34:39
A speech by the President which deserves close attention
The President knows how to make a speech, both excellent rhetoric and powerful content. I do not know when this speech will be broadcast, so I provide an excerpt from the transcript of the three key parts. Bold emphais is added.The ProblemYou have been struck, I know, by the tragic irony of our economic situation today [more...]
Date: 2009-01-08 04:00:58
China Prepares for Worst Case As US Prepares For More Central Planning
With a backdrop of Central Bankers Cutting Rates At Record Pace China Urges U.S. to Counter Crisis, Prepares for ‘Worst Case’.Chinese officials urged the U.S. to do everything possible to restore calm to financial markets and said they are preparing for a “worst-case scenario” as the global crisis deepens [more...]
Date: 2008-12-05 01:36:00
Bank Loan Stats: The Good, The Bad & ........
The Federal Reserve's survey of loan quality for U.S. commercial banks is in. Bottom line, it's still all about residential housing delinquencies and charge-offs, which remain ugly and are killing the banks. Surprisingly to some, credit card delinquencies and losses are holding up reasonably well, [more...]
Date: 2008-11-19 02:12:16
The Final Word on Economic Stimulus
Insanity: Doing the same thing over and over again and expecting different results. — Albert Einstein That, as much as anything coming from the psychiatric community, sums-up insanity. It is the delusion, the break with reality, that provides the force of Einstein’s definition [more...]
Date: 2009-01-13 16:24:46
Obama's chetviorka: Geithner, Summers, Orszag, Romer
Barack Obama is likely to reveal his economic team today.BloombergTimothy Geithner is set to be the Treasury secretary ... a day.Doubling the U.S. debt, at least for a whileGordon has pointed out a Bloomberg story that the segments ... some macroeconomic quantities constant and about a piece of sugar meant to cure the investors [more...]
Date: 2008-11-24 14:23:00
Boy Friend (1961)
Although filmed in black and white, this film has a lot of sparkle: the songs by Shankar Jaikishan, the effervescent Madhubala, ... if you are a Shammi fan.Eight-year-old Madan is separated from his wealthy parents, Thakur Harcharan Singh ... a man he had known earlier in jail. Shantilal is old and ill, and he asks Shyam to find his two [more...]
Date: 2009-01-15 18:41:43
The End of the Financial World as We Know It
This is the best article I have seen on describing not the financial crisis, which is a sympton, but the demise of our nation’s value system and lack of leadership. I am in search constantly of “the why” behind this crisis, why people have gotten so greedy at the expense of others, why enough is never enough [more...]
Date: 2009-01-10 14:09:15
Why Derm?
This is not specific to my plans, so I’m intentionally not password protecting this. A bunch of you have asked “why derm,” and Julie asked a really good question, wanting to know if it was me “settling” for a specialty that I don’t love, but one that will allow me the lifestyle [more...]
Date: 2009-01-08 02:15:14
Families Start Saving; Does This Aggravate The Nation's Woes?
Inquiring minds are reading Hard-Hit Families Finally Start Saving, Aggravating Nation's Economic Woes ... their credit-card debt, opened a savings account and stopped taking their two children ... it is axiomatic that the problem cannot be the solution. The concept is so simple that Keynesian demagogues [more...]
Date: 2009-01-07 04:23:00
Peak Earnings
Before we explore the concept of Peak Earnings let's take a look at the mad rush by financial institutions to become banks or bank holding companies ... status to participate in the Treasury Department's $700 billion Troubled Asset Relief Program (TARP ... from the U.S. government's Troubled Assets Relief Program, whic [more...]
Date: 2008-11-17 00:21:00
Single Ma’s 2008 Spending: The Devil’s in the Details
In yesterday’s post, Where Did My Money Go in 2008, I shared a summary breakdown of how I spent a net income of $90,303 ... /wants (12% each), misc (0.5%), and debt repayment (0%). After further investigation, I’ve gathered the dirty details behind the numbers: 1. Debt Repayment ($0 - 0%): I have no consumer debt [more...]
Date: 2009-01-08 15:00:14
Add Your Comment:
« PreviousHarry Reid: Trigger Happy Next »Barack Obama, Olympic (Committee) Bound Latest Lie: "Death Panels By Proxy" Posted by Karen TumultySunday, September 27, 2009 at 12:17 pm 56 Comments • Trackback (0) • Related Topics:Max Baucus, congress, health care, senate, death panels, death panels by proxy, fear-mongering, medicare There they go again. [more...]
Date: 2009-09-27 16:17:24
A Translation of William Lovell by Ludwig Tieck
William LovellBook I17931Charles Wilmont to his friend Mortimer in LondonBondly in Yorkshire, May 17How in the world has it come to pass that you have not written? A hundred conjectures have flown through my mind, but not so much as a single one of them has found a settled perch [more...]
Date: 2009-01-13 23:30:00
No Cure: The Squeeze Is What Got Us Here
Nouveau Poor:Numbers Now TooLarge to IgnoreBy Barbara EhrenreichBarbaraehrenreich.comJan. 13, 2009 - Ever on the lookout for the bright side of hard times, I am tempted to delete 'class inequality' from my worry list. Less than a year ago, it was the one of the biggest economic threats on the horizon, [more...]
Date: 2009-01-13 16:31:00
Jesse Jackson, 1988 Democratic National Convention Speech
Rev. Jesse Jackson has disappointed me thus far in the 21st century. The mistakes he made in his personal life. His inability to stay silent during the recent election on domestic or foreign affairs troubled me.Personally, I think that Rev. Jackson was the 'emissary' mentioned in the federal indictment. Rev [more...]
Date: 2008-12-17 17:00:00
Alice in Krugman-land
Our favorite Nobel-laureate has written a new NY Times column Depression Economics Returns. It is worth understanding this because a) ... that got totally out of control, they should inform the revelers that the cure for massive hangover [more...]
Date: 2008-11-15 22:56:42
If at first you don’t succeed, keep doing the same damn thing over and over again.
Barack Obama gave a speech today, to insist that we must make “a clean break from a troubled past and set a new course for our nation.” Instead of the speech he might have given, offering citizens some certitude for the future; he remained in campaign mode, [more...]
Date: 2009-01-09 04:51:09
UK Health News 01/07/2009
Simon Jenkins: Who will cure ministers of illiberal headline addiction? - The Guardian 7th January 2009Whether it is ecstasy or knife crime, barely a week passes without some new statistical mendacity to sustain a dud policytags: Statistical Data, Ethics, Health, News, UHN, NHS, Quality, [more...]
Date: 2009-01-07 10:15:24
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