Wednesday, February 24, 2010

Clinton: Obstruction Of Nominees Is Hurting America Abroad


What damages america's image abroad is the fact that our economyis in depression bythe forces we love to say arethe basis for our freedom. The greed and rapacity of bankers. and we have done nothing to show other countries how our system can work - we have given large banks hundreds of billions for now reason - i reapeat no quantifiable, discernible reson and the when the bankler stook the money andlined their pockets with billions in bonuses we still did nothing as it collapsedour economy. That is what hurts and amazies the outside world - that our leadership is so poor and misguided and domestic policies make no sense - would you trust any administration who did such ridiculous things while watching Greexe colapse because of american profiteers. I would saying keep those jerks away from me until we get a new admin or at someone i cantalk to with two functioning brain cells,
Read the Article at HuffingtonPost

FDIC: Bank Lending Tumbles 7.5 Percent In 2009


and this is a surprise to who? Number One to Obamaphiles who believe there was a financial meltdown and bankers who failed deserved hundreds of billions of tapxayers dollars and billions in bonuses to make they didn;t go unemplyed and to make they absorbed all the credit in themarket causing smakl and med biz to collapse and jobs to belost and foreclosures to skyrocket. Number Two - to blind and stupid republicans who would watch america fall to attain soem mentary political gain - anything to enrich personal powr and the powerof the wealthy even more. Obama has failed because he has decided who he wants to collude with - dems have failed because when power they became arrogant lemmings forgettingtheir jobs and commen sense. reps who abandoned their constituents when theywere needed most as a voice of rationality tocounter balance Obama. Vote them all out in 2010. Allof them.
Read the Article at HuffingtonPost

Monday, February 22, 2010

James K. Galbraith: We Need Jobs Not Deficit Reduction


James G. is on serious meds - and misreadin Keynes won't do any good. Keynes was an advocate of temporary defciit spending to increase the liquidity in the market and spur growth - hew was opposed to the type of economy we have.Permanent deficits with no abaility to ever getourselves out of debt. We need to make heard choices and go to sources of income that remain untapped - all the bankres and the bonuses they recived from the govt - tax the bonuses into the ground and breakup the banks. That's $200 billion. Raiseincome taxes on the rich and stop [playing footsie with deductions and tax credits. The effective percentage the rich pay is under 20%. Less than 5% of the pop qualify for these measures. less than 5% - so it effects very few people to help very many. Can't the 5% drip into their limitless barrel and give more to the country that gave them their wealth?
Read the Article at HuffingtonPost