October 2009
61 posts
The New Red Ink Scare
Robert Borosage’s acknowledges his opponent’s position, that deficits are bad, but the blogger never considers that deficit hawks may have a point. The blogger assumes that falling housing prices will always be worse than a growing deficit, and I have to call the blogger on not balancing the sides of his argument.
The New Red Ink Scare
With respect to Robert Borosage’s fine blog, the only reason the Fed can continue to buy the bonds our treasury dumps on the market is because other countries keep buying dollars. This poorly hidden secret is actually a crisis waiting to happen.
Breaking out of the Billionaire Bailout Society
Let’s face facts, our culture worships wealth. We love the luxury and exclusive goods more than ever now. We can’t even bear to look at the poor, how can we help them?
Is the Morality Gene Missing?
Our healthcare providers, (well insurers) refer to their patients as dogs. What we have is a class of professionals that despise their clients and aspire to dismember them. And they know they’ll get away with it.
the smartest jurist on wall st →
Why Growing Income Inequality Is Bad for America
TY Mr. Creamer for another excellent blog. This blog leads me to question directly the cost of political ignorance in America. That is, people who can’t understand the issues, being divided by issues tossed out like political crumbs, much like I feed ducks at the pond.
Obama's Plan to Help Small Businesses Evaporates
I must respectfully point out an omission made by the blogger. Year over year, SBA loans are declining. Yes that means the government is giving less to small business this year than in 2008. http://www.usnews.com/money/blogs/risky-business/2009/1/7/sba-loans-continue-to-decline.html
Opening Night in Chicago: Senator Durbin Denounces...
Ps 73:1 ΒΆ Truly God is good to Israel, even to such as are of a clean heart.
2 But as for me, my feet were almost gone; my steps had well nigh slipped.
3 For I was envious at the foolish, when I saw the prosperity of the wicked.
4 For there are no bands in their death: but their strength is firm.
5 They are not in trouble as other men; neither are they plagued like other men.
6 Therefore...
Enough Already: Banks Must Stop Blocking Financial...
I respectfully disagree with Ms. Jackson. In an economic downturn, the supply of credit is restricted. Also lowered consumer spending makes lenders into risk-adverse creatures. The government simply can’t wave a wand and make these forces disappear. Rather than trying to send good money after bad, we need to focus on growth that benefits the middle and lower class.
Ending Joblessness in America
I’m currently jobless, (with a bachelor’s degree) but Since the government and the Fed has done everything possible to preserve the profit-taking gambling debts (unregulated derivatives off the balance sheet), and preserve the job sucking low wages overseas (exploited asian workers), I don’t have any hope for this economy. Game Over. Thanks to our leaders, who have watched the...
Economic Recovery? History Says No Way. Not Yet.
What most people don’t realize about “japan’s lost decade” Is that it was a bank bailout. The bank was saved, winners were picked, and the average Joe lost a decade.
wall st. stuck in reverse →
You Don't Buy Clothes When You Get Foreclosed
If the leadership in this country would pursue debt-to-equity conversion, we would have capital enough for loans and business expansion. Also with less cash going to service debt, wages would be free to rise.
action plan by mm →
Safety Nets for the Rich By BOB HERBERT →
Will Extreme Economic Inequality Lead to...
Thank god Bush deployed the Military into our country. Now if anyone give Obama lip, he can shoot them with tanks and cruise missiles.
to support the above I have linked: http://en.wikipedia.org/wiki/Posse_Comitatus_Act#Homeland_security
Caught In a Machine that Grinds Us Up
A blog so good, I am forced to imitate!
Bernanke Solves the Wrong Deficit
Do foreign nations buy treasury debt? Does the treasury dump it’s debt on the market? Two points that the blogger doesn’t consider. With respect to Eric Lotke, we have to avoid extremes, and one prime target is our Federal deficit. Although the trade deficit is very very important, we have to think short term just to avoid the financial meltdown we postponed in 2008.
America's Midwest: Cashless Chasm or the Valley of...
and you need to explain again your move to michigan
Where Will the Jobs Come From?
Excellent blog. However it is over-intellectual. While we are reading this families are being hit by unemployment and desperation.
An income dropping from $300K to $250K is one thing. Dropping from $25K to $15K is many times more painful.
I’ll compare joblessness to homelessness. Homeless people live on the margins, they are chronic victims of violence, scams and poor diets. Social...
Don't Get Too Excited by Green Shoots, They Might...
I wish to correct: Readers will be put on the defensive as cash heavy corporations gobble away at your market.
Welfare Reform for Wall Street
Unfortunately the people who should be reading this are listening to talk radio and reading The Drudge Report.
One thing Obama people like me never expected, is for Obama to give so much ammunition and ground to the radical opposition.
Time for Progressives to Stand Up Proudly for...
As a progressive, I find this blog to be disingenuous and off the wall. Someone as weak as Obama is, simply can’t say: You’re with me or against me.
Fighting for Regular Folks
Yes. Ironically, America needs change more than ever. But we got Obama.
Fighting for Regular Folks
People don’t change. Obama won’t change and Obama is just a blue-dog democrat protecting his wall st. buddies.
Jobs Story Could Turn More Gory
Dan says he’s being ridiculed for even trying to cover the plight of the underemployed. I believe him.
the 30% of people underemployed and unemployed aren’t getting any attention. The closest the elite get to hearing the underemployed is “can I have your order please”
Add to the fact that they have a crappy education, no dental, drug abuse and such, there is a social...
Hiring More People Is Not the Answer to Lowering...
You trot out a good point, that wages are preventing businesses from hiring more employees. BUT, why aren’t employers giving their employees more hours? That’s the hole in your theory. As employers cut hours it becomes silly to think that by hiring more, they would increase the total hours of employment.
Washington Is Nuts
Politicians may try their favorite excuse: “Nobody could have known that the system would act in this unprecedented failure…
Bill Frist: Obama Health Plan "Is Not Socialized...
I guess it’s unusual to complain about the lack of press on an important topic, but where is the press on unemployment? It’s not just relevant to the “Forbes” and “Fortune” types.
Turn Goldman Anger Into Government Action
I hate to criticize Dylan, but this blog really needs definite and specific answers. We need to unite our purpose, not blunt it.
Stop Whining: Wall Street's Record Profits, Pay,...
I love the way you write posts, but I can’t say you made me feel any better. And I want to say again, unemployment is a rough ride, you don’t want to be there without a support system and/or hard drugs.
no love for the buck, the golden rule →
Stop Whining: Wall Street's Record Profits, Pay,...
I reread the last few paragraphs of this great blog, made me sit and think. As the tea party people generate grand events on cable tv, the gay rights march gets a hundred times less news time. As Glen Beck drips with righteous rage against the system, Keith Olbermann wrings his hands about some new statistic. Progressives have lost “it” whatever “it” is.
The...
Stop Whining: Wall Street's Record Profits, Pay,...
to support Mr. Leopold’s point on the stock market recovery:
Hedge funds and sov. wealth funds are more swollen with cash than ever. As the physical economy stumbles, those entities are forced to run to the stock market, flooding it with cash.
Unemployment is Obama’s Hurricane Katrina. Just like Bush flew over New Orleans in a climate controlled jet, Obama circles the American...
McChrystal's 40,000 Troop Hoax
very good blog. TY Mr. Robert Naiman.
Criminalizing Twitter
I love this blog. This issue is so simple it boggles the mind. Yet our government seems to be enjoying the polarization and criminalization of protest speech.
What to Do About the Depressed Dollar
best way not to get into a ditch is not to drive into it. Obama’s policies would actually make sense if the situation was different.
Bloggers Furious At White House For Anonymous...
getting serious = shut up about money in politics
The Outrage Pandemic
Wouldn’t rule of law be stopping torture and rendition? I know Obama stopped waterboarding, but he didn’t stop sleep deprivation, force feeding and sensory deprivation of suspects.
What is really sad is that people who support Obama don’t know a damn thing about him.
Barney Frank Urges Gay Activists To Lobby Congress
I’m crying about Barney saying to lobby when activists have 100 times less money than anyone else.
“let them eat cake”
What's Wrong With This Picture?
what is it about really happy people that makes more more depressed?
job crisis from hell could last 4 decades →
The Outrage Pandemic
Obama is a serious roadblock to reform and correcting corruption. Obama appealed to the “everyman” but he certainly isn’t one.
The Scariest Jobs Chart Ever
Thank you, Mr. Blodget. Love to see stuff like this.
What to Do About the Depressed Dollar
I love reading blogs, but I can’t understand why this blog doesn’t mention inflation. I would rather have my info firsthand, rather than reading a sanitized blog.
For Today's Media the Economic Crisis Is...
poverty = isolation
The Cost of Corporate Communism
lack of leadership is our problem. On the left we have activists demonstrating for everything from save the whales to drug legalization, on the right everything from abortion to gay marriage.
the forces of reform couldn’t be more divided.
crazy interview w/ gore vidal! →
Jumpstarting Jobs: The Lost Lesson of the Great...
Paul Abrams makes a mistake by saying that the upper class, or the rich are hoarding money.
1. they are hoarding debts bundled into securities, much more than they are hoarding cash.
2. It’s not so much the rich, but the corporations that are hoarding the debts bundled into securities, and those corporations are also owned by average citizens.
The Phantom Recovery and What To Do About Jobs
We need to promote job growth by moving away from the service economy, to a production economy. The problem is that there’s a current glut of production on the globalized market.
