The more I consider it, the more convinced I am that the common people of the United States have absolutely nothing to gain from the alleged rescue of the financial industry. There's all this chicken little rhetoric being bandied about regarding... [Read more]
BENEATH THE SPIN • ERIC L. WATTREE It’s Time for American to Step Up to the Plate So here they come--all the corporate fascists, hat-in-hand, wanting the American taxpayer to bail them out. These, the very same arrogant, and compassionless... [Read more]
This here is a real eyebrow raising poll out from: Associated Press/Yahoo in conjunction with Stanford University on "race" . Poll: Racial views steer some white Dems away from Obama Deep-seated racial misgivings could cost Barack Obama the White House... [Read more]
Real Clear Politics posted this article by George Will. Apparently he's not too happy with 'ole McCain. The conclusion is great ... but you just have to read the article."It is arguable that, because of his inexperience, Obama is not... [Read more]
What's missing from the discussion of a $700 billion government bailout of financial markets can be summed up in three words: George W. Bush. Where is the presidential address that lays out the scope of the crisis and the reasons... [Read more]
Pardon me for asking, but just why is it, exactly, that it makes any sense for me or anyone I know or run into during my life to bail out the investment banks? I really would like to know.Let's say... [Read more]
Latest aggregate post. It's making it to reader rec everyday...Thanks! Raider will be proud of us!Anyone can post to this...If you see a good post that is not going to make it to reader rec because it flew by, or... [Read more]
The average homeower in America is being asked to bear an increasing burden in terms of home mortgage costs at the family level. The same people are being asked to bailout the rauds and con artists of Wall Street which... [Read more]
In Phillidelphia today, McCain had this to say:"We can't have taxpayers footing the bill for bloated golden parachutes like we see in the Lehman Brothers bankruptcy... My friends, the top executives are asking for $2-and-a-half billion in bonuses after they... [Read more]
I'm talking about the notion that we should let the financial system collapse. Right. It looks like most bloggers here have become proponents of McKeynsian economics: Bitch first, study the problem later if ever. If you're too dumb to understand... [Read more]
Isn't that analagous to a Democrat using a Zippo to light his friend's cigarette, and a Republican with a mouthful of gasoline comes up and spits the contents of his mouth through the flame of the lighter, and then immediately turns around and blames the Democrat with the Zippo for the ensuing... [Read more]
As I have said before in other posts, I do not endorse any specific government response to the credit crisis. I do, however, believe there is one.Those who advise doing nothing but spin conspiracy theories of a massive hoax do... [Read more]
I have already sent two emails in the past couple days to Sens. McCaskill and Obama, seeking better terms and a more thoughtful approach to the credit crisis. Here is my third, sent today:Dear Senator McCaskill,First, please do NOT allow... [Read more]
Thanks, Guys...this seems to be working.Please post any link to posts that went onto the back page too fast, or are just so good they need to stay up longer.Make sure you do a short description and why you think... [Read more]
Okay, I admit it. Palin, to me, is like going by a train wreck...I try so hard not to pay any attention, but being human, I just can't help it.Ran across a disturbing connection between Palin, Monegan's replacement and the... [Read more]
If the people who got hoodwinked and snookered into mortgages they couldn't pay, could just pay them, then we would have avoided this whole financial "crisis" righ? Right.That being the case, it only stands to reason that the best means... [Read more]
I just had a revelation. After watching both national candidates for President, and also the Vice Presidential candidates, and just recently the debate between Mark Warner and Jim Gilmore in... [Read more]
As discussions seem to speed along (Patrioti Act style) regarding the bailout of the rich, greedy and utterly irresponsible con-men of Wall Street, the President is asking Congress for $700 billion to do it with. Now I'm no economist, nor... [Read more]
Here is tonight's aggregate post from Raider99 who is off lollygagging around somewhere!Use this space to post diaries that flew by too fast and are worthy of another look. Please write a short description along w/ the link.Anyone can add... [Read more]
I can't defend the bailout plan submitted by the Fed to Congress. It is loosely constructed, giving broad discretionary powers and a purse equal to a third of the 2008 budget to the Executive branch. And it will dump up... [Read more]
Not like the Must-See TV trailer trash, With karmic limbs outstretched to right his wrong; Behind red ink-washed Wall Street firms stands strong A mighty banker with a plan, whose stash Is the taxpaying public's, and his cash Mother of... [Read more]
For the cleric who runs Iran, there’s no such thing as a pleasant surprise, especially on election day. Ayatullah Ali Khamenei was not pleased when a librarian named Mohammed Khatami was swept into the President’s office in 1997, leading a wave of reformists who challenged the status quo in which Khamenei, as the unelected Supreme Leader of the Revolution, was most heavily invested. In every election cycle since, the self-appointed portion of Iran’s government has done all it can to winnow the choices placed before Iranian voters. On Tuesday, that system tightened the screen once more, ...
BEIJING — The Chinese leader, Xi Jinping, bluntly told a North Korean envoy Friday that his country should return to diplomatic talks designed to rid North Korea of its nuclear weapons, according to a state-run Chinese news agency.
“The denuclearization of the Korean Peninsula and lasting peace on the peninsula is what the people want and also the trend of the times,” Mr. Xi said in a meeting at the Great Hall of the People with Vice Marshal Choe Ryong-hae, a personal envoy of the North Korean leader, Kim Jong-un, the China News Service reported.
Vice Marshal Choe, who has been in Beijing for three days on a mission to...
A bridge collapsed over Skagit River tonight near Mount Vernon. This was on Interstate 5 both north bound and south bound, four lanes total. No word yet on how many cars went into the water. This is so sad. How many of these will we have to have before we start financing infrastructure? Most of our bridges are in sad shape.
There’s very little public discussion of utilities or utility regulations, especially relative to sexier topics like fracking or electric cars. That’s mainly because the subject is excruciatingly boring, a thicket of obscure institutions and processes, opaque jargon, and acronyms out the wazoo. Whether PURPA allows IOUs to customize RFPs for low-carbon QFs is actually quite important, but you, dear reader, don’t know it, because you fell asleep halfway through this sentence. Utilities are shielded by a force field of tedium.
It’s is an unfortunate state of affairs, because this is going to be the century of electricity. Everything that can be electrified will be. (This point calls for its own post, but mark my...