Will the Economic Stimulus Be Too Compromised to Work?
http://www.alternet.org/workplace/120253/will_the_economic_stimulus_be_too_compromised_to_work/?page=entire
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Really good points in that article. It's still moving far too slowly and involves too few dollars. Let's not argue about the value of fiat currency and keep things narrowed to only what it will take to prop up the lower and middle classes.
See below for job creations tips, the implementation of universal healthcare, how banks should be nationalized instead of handed bailouts, etc. Personally, I am very tired of too big to fail excuses. Why should a schoolteacher's taxes be going to cover for the foolishness of the people that are in charge of our biggest financial institutions?
It's still a clusterfuck. Big time.
Friday, January 16, 2009
LDS Church Goes Too Far Politically for Prop 8
This is pretty disgusting. We have to stop churches from having too much power politically. If they want to play, they'd better be prepared to pay: no more tax exempt status.
If god is big business, let's tax the fuckers.
Wartime Obama-Ade!
Afghani Quagmire
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Doubling U.S. troops in Afghanistan is wildly unintelligent. I am pretty sure that most votes for Obama were more substantially votes against McCain who is certainly in the mold of a neocon war god. We absolutely voted against the continuance of war in Iraq and I am pretty sure that it wasn't because we thought a war in Afghanistan was some brilliant alternative to that. So what advantage is now being revealed in Obama's policies? Not much of one in my view.
Yup, "continuity we can believe in"...utterly pathetic in terms of leadership. Does Obama have any ideas that don't provide taxpayer subsidized handouts to the military industrial complex, wall street, or his corporate supporters? Is there any chance he's actually going to put forward some progressive policies?
For more of the same bullshit we could have voted for anybody else.
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Doubling U.S. troops in Afghanistan is wildly unintelligent. I am pretty sure that most votes for Obama were more substantially votes against McCain who is certainly in the mold of a neocon war god. We absolutely voted against the continuance of war in Iraq and I am pretty sure that it wasn't because we thought a war in Afghanistan was some brilliant alternative to that. So what advantage is now being revealed in Obama's policies? Not much of one in my view.
Yup, "continuity we can believe in"...utterly pathetic in terms of leadership. Does Obama have any ideas that don't provide taxpayer subsidized handouts to the military industrial complex, wall street, or his corporate supporters? Is there any chance he's actually going to put forward some progressive policies?
For more of the same bullshit we could have voted for anybody else.
Thursday, January 15, 2009
Single-Payer Health Care
Single-Payer Health Care Would Stimulate Economy
http://www.thenation.com/blogs/thebeat/396919?rel=hp_picks
1. Create 2,613,495 million new permanent good-paying jobs (slightly exceeding the number of jobs lost in 2008) -- and jobs that are not easily shipped overseas
2. Boost the economy with $317 billion in increased business and public revenues
3. Add $100 billion in employee compensation
4. Infuse public budgets with $44 billion in new tax revenues
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This makes too much sense to be implemented, surely...
http://www.thenation.com/blogs/thebeat/396919?rel=hp_picks
1. Create 2,613,495 million new permanent good-paying jobs (slightly exceeding the number of jobs lost in 2008) -- and jobs that are not easily shipped overseas
2. Boost the economy with $317 billion in increased business and public revenues
3. Add $100 billion in employee compensation
4. Infuse public budgets with $44 billion in new tax revenues
------
This makes too much sense to be implemented, surely...
Not Our Man
Surrounded by elite yes people, toying with various "trickle down" theories that simply aren't working and effectively refusing to go after political criminals in the Bush admin, Obama is looking more and more to not be our man. I had scant hope that Obama would attempt a proper fix of the country, but now I feel more and more justified in asserting that he will not and never intended to attempt anything of the kind. I still regard my vote as the correct one, but the elite own the choices either way so that they cannot lose. Same as it ever was...
The elite never learn either. They try the same shit century after century...
But here's the thing - a fear-biting dog WILL ABSOLUTELY bite you if cornered. And if the fear-biting dog doesn't scare you enough; I do warn you to be very wary of Madame Guillotine.
The elite never learn either. They try the same shit century after century...
But here's the thing - a fear-biting dog WILL ABSOLUTELY bite you if cornered. And if the fear-biting dog doesn't scare you enough; I do warn you to be very wary of Madame Guillotine.
We can only hope...
Killer Economy? The deepening recession may lead to growth in suicide rates.
http://www.newsweek.com/id/179422?from=rss
Recent weeks have seen a spate of suicides by some of the most financially powerful people in the world. German billionaire industrialist Adolf Merckle lay down in front of a train after huge investment losses threatened his family's business empire. Chicago real-estate mogul Steven Good shot and killed himself in the driver's seat of his Jaguar after the property-auction business turned sour. René -Thierry Magon de La Villehuchet lost $1.4 billion to Bernie Madoff, went to work, took sleeping pills and slit his wrist.
...[skipped]...
"Middle-class people are less likely to commit suicide over money troubles because gains and losses are never that disproportionate; their family relationships tend to be closer, deeper and broader; and their religious beliefs are stronger and play a greater role in buffering their sense of hopelessness."
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Good news is hard to find so this will have to do. Now I'd like to see a billionaire suicide stimulus package.
That'll do nicely, comrade.
http://www.newsweek.com/id/179422?from=rss
Recent weeks have seen a spate of suicides by some of the most financially powerful people in the world. German billionaire industrialist Adolf Merckle lay down in front of a train after huge investment losses threatened his family's business empire. Chicago real-estate mogul Steven Good shot and killed himself in the driver's seat of his Jaguar after the property-auction business turned sour. René -Thierry Magon de La Villehuchet lost $1.4 billion to Bernie Madoff, went to work, took sleeping pills and slit his wrist.
...[skipped]...
"Middle-class people are less likely to commit suicide over money troubles because gains and losses are never that disproportionate; their family relationships tend to be closer, deeper and broader; and their religious beliefs are stronger and play a greater role in buffering their sense of hopelessness."
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Good news is hard to find so this will have to do. Now I'd like to see a billionaire suicide stimulus package.
That'll do nicely, comrade.
BofA Buying Up Banks on TARP Funds
Bank of America May Get U.S. Aid for Merrill Lynch
http://www.bloomberg.com/apps/news?pid=20601087&sid=aei_22INcQaI&refer=home
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Gee, I guess they are getting to be too big to fail. Of course, they are acquiring so many assets themselves that there is no liquidity for lending.
Will we never learn?
http://www.bloomberg.com/apps/news?pid=20601087&sid=aei_22INcQaI&refer=home
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Gee, I guess they are getting to be too big to fail. Of course, they are acquiring so many assets themselves that there is no liquidity for lending.
Will we never learn?
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