Monday, October 24, 2011

Wednesday, October 19, 2011

Boycott Paypal

Paypal has got to be one of the most fucked up organizations on the web.  If you haven't already, I would suggest just closing your account and sending a big "fuck you" to them.  Fuck Paypal and  help speed up their eventual bankruptcy—it's just a matter of time before they just shoot themselves again!

Thursday, October 6, 2011

Reuters on Goldman Sachs

Great write-up on Goldman Sachs by Reuters here.

Tuesday, October 4, 2011

Tuning Out of the Political Absurdity

The total disconnect between reality and Republican politics has reach the pinnacle of absurdity.  Their call for less regulation as a way to tackle the jobs problem is laughable.  We tried every one of their ideas under bush, less taxes for the wealthy, less regulation for financial firms and others, lower environmental standards,
ad nauseam!  The only thing it got us was a financial crisis that the Republicans blame on the President that just inherited the result of these inane policies.  I'll vote and send money and hope that the U.S. will see through this bullshit.  I'm not that hopeful as these would be the same Americans that gave war-criminal Bush a second term.

Wednesday, September 21, 2011

Republicans Attempt to Sabotage U.S. Economy!

Our good old Republicans are at it again.  See their letter to Mr. Bernanke here.  You have to give them great credit to so openly attempt to stop any progress with this difficult economic situation, but that is what they are doing with this latest warning.  If it wasn't for the Fed's recent actions we would be a catastrophic depression right now.  What would Republicans like?  I guess they would like congress to do nothing except lower taxes on the wealthy and for the Federal Reserve to do nothing. Well, if the politics of it all weren't so obvious I guess it would be amusing.  I think the Republicans are starting to over-reach and it will hurt them come the election.  Their plan: do nothing to improve the economy, block all attempts to improve it, sit back and win the White House in 2012.  I think enough will see through their cynical politics to vote their asses right out of office.

Thursday, September 15, 2011

More Republican Lies Exposed

It's truly remarkable that the main-stream press doesn't refute the lie and lie spewed from Republican talking points.  Over and over we have heard how Obama's stimulus package made things worse and caused more job losses.  It's another Republican lie and the fact that they can just repeat it over and over without any accountability is appalling.  Anyway, this chart from the Congressional Budget Office says it all.  It clearly portrays the CRISIS that Obama inherited from that war-criminal Bush.  Without the stimulus package we would probably be looking at a much higher unemployment rate.  The stimulus package that was enacted in early 2009 clearly stemmed the tide and turned the situation around.   How Republicans can get away with their lies while the press stays silent is beyond belief!

Saturday, August 27, 2011

As U.S. Housing, So Goes the Economy

The U.S. economy will not see any significant change until these housing numbers rebound. The number of housing starts has never seen such a slump as it's seen since 2007.  In July 2011 there were 604,000 new starts and in January 2006 it was at 2,273,000—a 73% dive!  Of course, that 2 million plus was over-building, represents the great American bubble and was completely unsustainable, but it could be 5-10 years before it bounces back to half that number!  What does that mean?  Expect dismal growth and a dismal job market as the new norm for the foreseeable future, the U.S.'s loss decade.  I just hope it's as good as Japan's lost decade where unemployment really never got worse than 5 or 6%—if only the U.S. could be so lucky!



Friday, August 19, 2011

More Veiled Republican Racism!

As usual Republicans display their racism:  Recently Tom Coburn—extremist right-winger from Oklahoma—committed the usual Republican trick of subtly playing off Southern American's racist tendencies and hints that the African American President Obama is a product of affirmative action and perhaps welfare.  Republicans are rarely overtly racist, but usually play off of generational racist tendencies that have plagued the U.S. for centuries.  Rick Perry—right-winger extremist presidential candidate from Texas—recently said there's a black cloud hanging over America.  Of course, at the last second he added a reference to the debt, but the mission was accomplished as he reminded his racist Republican audience that he's white, like them, and that other guy is black.  Rick Perry and Tom Coburn should be publicly flogged (figuratively speaking) for the lowest-common-denominator politics they practice, but not before they are voted out or down by the progressive electorate.  I believe this sort of Republican bullshit is a dying form of politics but they will use it as long as they can and as long as it helps them win elections—which it still does, unfortunately.

Thursday, August 18, 2011

Loony Michele Bachmann Proves She's an Idiot!

This headline says it all.  I just hope she keeps on leading the Republicans!  This is even better than McCain! (see UPI story here)