You are currently browsing the category archive for the ‘economy’ category.

i hope you don’t miss the 90% sold part.

 

These are my new neighbors, the Obama bailees.

No wonder David Brooks admires him so!

He just revealed his deep contempt for people – more so than before – talking about the foreclosures

“And we’re always trying to find that sweet spot to use as much of the money that we have available to us to help those who can be helped, without wasting that money on folks who don’t deserve help,” he continued. “And that’s a tough balance to strike.”

Geez, I thought the balance was between fraudulent banks and homeowners!

What a right wing talking point! The sweet spot!

I don’t remember trying to select the deserving from the undeserving when shoveling our treasury to Wall Street!

Apparently he has a simple solution for it all

Obama pointed out that what’s driving foreclosures nowadays is the jobs crisis, rather than predatory lending and exploding mortgages. “And so the single most important thing I can do for the housing market is actually improve economic growth as a whole,” he said. “If we can get the economy moving stronger, if we can drive the unemployment rate down, that will have probably the biggest impact on foreclosures, as well as housing prices, as just about anything. “

The short of it: leave the banks alone! Wait for “heck of a job” Summers to find a solution to it all!

On edit, found a Ted Rall strip that fits

Should have been “snake oil samples”

WASHINGTON – APRIL 27: U.S. President Barack Obama (4th L) speaks as he greets members of the National Commission on Fiscal Responsibility and Reform, including co-chairs Erskine Bowles (3rd L) and Alan Simpson (5th L), in the Roosevelt Room at the White House April 27, 2010 in.

Oprecious who is even these days compared to FDR set up this abomination by executive order.

Its recommendations are supposed to be voted by this lame congress – AFTER the elections,

Pelosi just made sure of it

BREAKING: Pelosi Sneaked Approval of Vote on Debt Commission

FDL has learned that in a last minute move, Nancy Pelosi sneaked language into the rule that the House is voting on tonight regarding war funding.

Embedded in the rule is the requirement that the House will vote on the deficit commission’s recommendations in the lame duck session if they pass the Senate.

It’s been called a Suicide pact by B0bots who still don’t understand why

President Obama risks endangering his own future and his party’s in pursuit of a misguided policy goal.

And James Gailbraith provides testimony to the commission about why this thing shouldn’t even exist. It’s required reading for everyone

James K Galbraith Statement to the Commission on Deficit Reduction

He calls in the legitimacy of a secret commission, bankrolled by a foe of Social security.

first, that your discussions are at a level of discourse so low that you feel it would be embarrassing to disclose them. Second, that some members of the commission are proceeding from fixed, predetermined agendas. Third, that the purpose of the secrecy is to defer public discussion of cuts in Social Security and Medicare until after the 2010

He calls Simpson’s ability to lead the commission

But Senator Simpson has plainly shown that he lacks the temperament to do a fair and impartial job on this commission. This is very clear from the abusive response he made recently to Alex Lawson of Social Security Works, who was asking important questions about the substance of the commission’s work, as well as calling attention to the illegitimate secrecy under which you are operating.

Before this display of ignorance

he called retired Americans “greedy geezers” because they don’t want their Social Security payments used to fund extravagant tax cuts and military spending.

Please note in the video how he says that the life expectancy used to be 57 and that’s why they set retirement age at 65. Also, those IOUs he mentions, are the violations of the “lock box” by the government which dipped in OUR money to pay for wars and tax cuts to the rich.

Galbraith statement also explores the economic reasons the catfood commission is nonsense – as it’s stacked with politicians and only 2 economists.

And as the public at large has no idea what’s going on, here they go in the darkness to seal our fate

WASHINGTON – APRIL 27: U.S. President Barack Obama (C), and co-chairs of the National Commission on Fiscal Responsibility and Reform Erskine Bowles (L) and Alan Simpson (R), leave the Rose Garden after remarks by Obama April 27, 2010 in Washington, DC. Obama thanked members of the National Commission on Fiscal Responsibility and Reform for their service and spoke on the ‘importance of forging bipartisan consensus around recommendations to meaningfully improve our long-run fiscal health.’
Please, spread this information around before it’s too late.

The one good news I take from today’s paper is that our protest was seen. Not everywhere where we held hands. In fact, in only one state: Florida

But the first part of this entry will look like my last one

and from Palm Beach

Panama City with masks

and a little aerial shot on the left in Charlote Sun along with worries of tropical storm Alex

Alex worries in Alabama

and Louisiana

and maybe not? (still calling it a spill?)

and then, there are other worries

and more

Elsewhere, there’s a war

Make that “twin wars” (did they mean to make us think of the twin towers?)

and non-oil-kill woes too

and in Long Island

Sorry to be so down. It did start well though.

.

MSLeader

Jane Crow

Don't be bitter, OK?

Not Your Sweetie

October 2014
M T W T F S S
« Sep    
 12345
6789101112
13141516171819
20212223242526
2728293031  
Follow

Get every new post delivered to your Inbox.

Join 35 other followers