Bob Herbert is retiring after writing a column for the NY Times for 18 years. The entire column should be read, but here are a few choice quotes: So here we are pouring shiploads of cash into yet another war, this time in Libya, while simultaneously demolishing school budgets, closing libraries, laying off teachers and […]
© Stuart Carlson As John Steinbeck is purported to have said, Socialism never took root in America because the poor see themselves not as an exploited proletariat, but as temporarily embarrassed millionaires. That’s the only reason I can see why people in the US continue to vote against their own interests.
Five minutes after voting to cut off federal funding for NPR, the House of Representatives voted to continue funding the War in Afghanistan. How much will defunding NPR help reduce the deficit? Lemme see, according to the CBO, it will save, hmmm, absolutely nothing. How long did Congress spend debating a measly $5 million in […]
Right now, one of “the most active lobbying efforts” ever is going on in Congress, but you might not have heard much about it in the mainstream media. The fight is over the fees that banks collect from debit card transactions. Currently, the banks collect (on average) around 44 cents per transaction, but under Obama’s […]
© Tom Tomorrow What’s ironic about this is that it seems to be working.
My hat’s off to the Daily Show. Pure genius. How can the American people believe this crap coming from the mainstream media?
© Matt Davies We know why the states are facing big deficits — because the collapse of the economy lowered tax revenues. And we know who caused the economy to collapse. So why are we punishing state workers? I’m guessing that if you took all those bonuses that were awarded to bankers, it would more […]
It has been over three years since Warren Buffett pointed out that he pays a smaller percentage of his income in taxes than his employees. In fact, his receptionist payed almost twice the percentage he pays, even though he doesn’t even take advantage of tax shelters that are available to the rich. It isn’t like […]
© Ed Stein Egypt now has a smaller gap between the rich and the poor than we do. Only in America could the powers-that-be co-opt a popular uprising like this. Tea Partiers, by and large, are richer, whiter and older than the general population, and hardly represent the downtrodden and the disposessed. If anything, they […]
Paul Krugman has some interesting comments about what’s going on in Wisconsin: In principle, every American citizen has an equal say in our political process. In practice, of course, some of us are more equal than others. Billionaires can field armies of lobbyists; they can finance think tanks that put the desired spin on policy […]
© Matt Davies So, who is going to blink first at the 500 billion ton twin gorillas that are military spending and entitlements? I guess the only thing that we can be sure of is if the Democrats do anything at all (which is sadly unlikely), the Republicans will attack them for it, no matter […]
Is Matt Taibbi the only real investigative journalist left in America? It isn’t like there isn’t plenty to investigate. In another of his brilliant but deeply disturbing articles, Taibbi shows how Wall Street bankers steal Billions of dollars, and even when caught red handed face essentially no penalties at all. At worse, they receive a […]
[This is an excerpt from a post in Fred Wickham’s Bullseye Rooster. Dan is Fred’s brother, and Buzz is his business partner in a small business. I totally agree with this idea.] Two years ago, Dan and Buzz were heartened by the election of Obama. Aside from all the marvelous change he would be bringing […]
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