Politics
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- TheBlueOne0
Yup. Absolutely No way to pin this on the Bush administration at all.
"Stock intended to eventually earn taxpayers a profit as part of the Bush administration's massive bank bailout has lost a third of its value — about $9 billion — in barely one month, according to an Associated Press analysis. Shares in virtually every bank that received federal money have remained below the prices the government negotiated."
http://news.yahoo.com/s/ap/20081…
I must be an idiot. I's obviously Clinton's fault even though he hasn't been in power for 8 years or Carters fault who hasn't been in power for 30+ ..or probably Obama's fault even tough he isn't even fucking president yet. It's not like this was the plan that Bush's Treasury Secretary pushed urgently or else DOOM would befall all of us.Nope.
*awaits shitty comments from Hedge 2.0 and unfunny cartoons from JazX
- ********0
Lost: 1.9 million jobs
The 2008 tally soars after payrolls shrink by 533,000 in November, the biggest one-month decline in nearly 34 years. Unemployment soars to 6.7%. November had the largest monthly job loss total since December 1974.
By no coincidence the last time we the U.S. economy was in such dire straits the Republicans once again where alseep at the wheel, it was then Nixon-Ford in the 70's and now it is Bush, go figure!
- ********0
The following GOP symbols are representative of the entire republican party as a whole!
Two centuries of one failure after another!
- "ignorance breeds ignorance"
- George W. Bush******** - Reagan did win the cold war though. And Nixon went to China...and...um...TheBlueOne
- Reagan won the cold war?********
- Reagan did not win the Cold War, stop watching Fox News!********
- "ignorance breeds ignorance"
- ********0
Clearly, it's going so well without being privatized, right?
- DrBombay0
well there would have been a lot of regular joe the plumbers that would have been fuXX0r3d, that is for sure.
- ukit0
When all is said and done, the Bush legacy is a widening income disparity. Not that this should be a surprise, after all, George W. Bush boasted at a fund-raiser in 2000 of the nation's high and mighty that what he saw there that night dinner was the "haves" and the "have-mores". That top 1% should be quite appreciative. The rest of us, not so much.
Bush's top economic priority was to cut taxes on the supra-wealthy; as he famously said at that dinner, the "have-mores" are his political base. The marginal income-tax rate, the estate tax, the tax on dividends, and the proceeds of the profits tax all fell sharply in his first term. The result is below. The table shows average income gains, adjusted for inflation, from 2002 through 2006.
Income Group Dollar Increase Percentage Increase
Bottom 90 Percent $1,446 4.6%
Next 9 Percent $14,496 10.0%
Top 1 Percent $321,132 41.8%
Top 0.1 Percent $1,809,824 57.6%- http://www.mydd.com/…ukit
- "There needs to be winners and losers."
-MarketMaker aka Hedge 2.0TheBlueOne
- ukit0
Obama announces massive public works program
- omgitsacamera0
http://www.nytimes.com/2008/12/0…
Nice reflection.
- ukit0
Retired Army Gen. Eric Shinseki will be named as Barack Obama's Secretary of Veterans' Affairs Sunday afternoon in Chicago.
The surprise pick adds yet another heavyweight to the Obama cabinet, and also takes a not-so-subtle slap at President Bush's original national security team.
Shinseki served as Chief of Staff of the Army and retired a four-star general in 2003. Like Obama a native of Hawaii, Shinseki served two combat tours in Vietnam, where he earned a Bronze Star and a Purple Heart. Shinseki, who is of Japanese ancestry, becomes the first Asian-American in the new Cabinet.
He rose to prominence—and become something of a hero to the anti-war left— after he clashed with Defense Secretary Donald Rumsfeld and Deputy Defense Secretary Paul Wolfowitz personally and professionally, especially on the Iraq war.
Shortly before the end of his term as Chief of Staff in 2003, Shinseki told a congressional committee that post-war Iraq would require hundreds of thousands of U.S. troops. Both Rumsfeld and Wolfowitz publicly scoffed at the estimate— a rare public rebuff to one of the nation's most senior generals. When Shinseki retired, no senior civilians from the Pentagon showed at his ceremony.
Iraq war critics later said it was Shinseki, not Rumsfeld, who turned out to be right about the need for more troops after U.S. forces suffered heavy losses in the post-war insurgency.
- TheBlueOne0
The first factory occupation the USA has seen in recent memory happened yesterday.
"Workers laid off from their jobs at a factory have occupied the building and are demanding assurances they'll get severance and vacation pay that they say they are owed.
About 200 employees of Republic Windows and Doors began their sit-in Friday, the last scheduled day of the plant's operation."
- TheBlueOne0
Worth the 20 minutes it takes to watch:
- Hahaha... "scholar of randomness and knowledge"
http://en.wikipedia.…joeth - http://www.moonbatte…BattleAxe
- Hahaha... "scholar of randomness and knowledge"
- sea_sea0
This is a story that won't go away.
Internet drives Barack Obama birth-certificate battle:"Five weeks after the State of Hawaii vouched for the authenticity of President-elect Barack Obama's birth certificate, the controversy over allegations that Obama is not eligible to take office next month has reached the Supreme Court, which is expected to announce Monday whether it will consider the matter."
- It'll go away. The wingnuts will find some other source of baseless outrage soon enough.TheBlueOne
- story.********
- SCOTUS just denied it. Over. I await the next faux Obama outrageTheBlueOne
- ukit0
- ********0
Chinese tour groups go house-hunting in U.S.
- ********0
- ukit0
Obama's approval rating: 79%
- ukit0
Illinois Gov arrested!
Accused of trying to sell Obama's Senate seat
- Wasn't the last Illinois Gov. also indicted?TheBlueOne
- Great politician hair there, too...TheBlueOne
- Yep, they will both be in jail at the same timeukit
- jail pffftft?BattleAxe
- TheBlueOne0
Ha. Funny, cause it's true.
- zenmasterfoo0
what the hell is up in Chicago?