$700 Billion Bailout Of Banks Days Away:Kiss Your Money Good-Bye
This time, it will happen.
First the U.S. Senate and then the House of Representatives this week will no doubt end up voting in favor of a $700 billion dollar scheme to bailout banks,bankers and brokers, while stealing thousands of dollars out of the pockets of each and every American family to pay for this folly.
Politicians [...]
Bailout Goes Bust;One More Bank (Wachovia)Bites The Dust;Depression Around Corner?
The conventional wisdom is that we can’t have a repeat of the Great Depression of the 1930s because too many safeguards are now in place born of that era: unemployment insurance, food stamps, the FDIC, Social Security, etc.
But while no two economic depressions are likely to be the same, who is to say we are [...]
Obama-McCain Debate: Obama Presidential; McCain Human
Did John McCain win the first presidential debate with Barack Obama because of Sen. Edward Kennedy?
Although Kennedy, a Democrat, gave a powerful endorsement of Obama’s candidacy, Republican McCain’s seemingly heartfelt words of prayer for Kennedy who had been rushed earlier to a hospital with a seziure, underlines a key difference between McCain and Obama: Although Obama’s [...]
Palin’s Dog And Pony Show: Is Sarah Palin Too Dumb To Speak?
Is Sarah Palin dumb?
The Republican Party seems to think so.
It made every effort to keep Palin protected from reporters while she is in New York meeting with foreign leaders (of course, to Palin, a foreign leader would be someone from ,say,Oregon).
She meet with Afghan President Hamid Karzai but her handlers, at first, tried to [...]
Bank Bailout Will Rob U.S. Blind! The $1.8 TRILLION Dollar Scheme
Jesus. $1.8 trillion dollars. Any idea just how much money that is? No? Would you believe $15,000 for each and every American household! That is how much, so far, the incredible government (taxpayer) bailout of banks and lending institutions is going to cost all of us.
Where does that figure come from? A Reuters dispatch is [...]
Welfare For The Rich:Financial Crisis Bailout Plan Will Be At OUR Expense!
U.S. lawmakers are being given little time to think about either the jaw dropping price or the ramifications of the government’s bailout plan aimed at dealing with the worst financial crisis this nation has had since the Great Depression of the 1930s.
“We must act now,” says President Bush. And, he all but said, we must [...]