According to Pugh Research, the belief that your kids will not be able to do as well or prosper as one`s own success, has reached new highs. And there is distinct writing on the wall as to why this is true. First and foremost, 1% of the US population now controls 25% of the wealth […]
My Kids Will Not Be Able to Do As Well As I Have Read More »
Mayor Bloomberg has done the Dance of Denial at least twice on David Letterman – so no way you say. Besides the Mayor’s embracing of many issues such gay rights, immigration reform and stricter gun control would appear to be the kiss of death for any ascendancy in the G.O.P. But hold on a second.
Mayor Bloomberg for Republican Presidential Candidate Read More »
In nuclear arms strategy, one winning gambit is to convince your opponents that you are an irrational and unstable player. This puts your opponents on the defensive because they can’t count on you to compute and think rationally. And so therefore in all the MAD [Mutually Assured Destruction] posturings one can never be sure that
G.O.P. – Irrational Like Foxes Read More »
The political cartoon by Barry Blitt says it all – President Obama is a Republican in his economic heart . This view has been slowly accumulating, but with the Bush Tax Cut compromise a significant chunk of the NYTimes editorial writers have turned against President Obama`s critical economic policies. They are saying the President is,
Turning Against Obama Read More »
The Press is calling it the Tragedy in Tucson, but what really took place in Tuscon Arizona with the machine gunning to death of a Federal Court Judge John Roll, five other innocents, 20 victims in total including the near-mortal wounding of US Congresswoman Gabrielle Giffords is that Civility got shot to death. The hurting
Civility Gets Shot To Death Read More »
“You can fool some of the people all of the time and those are the ones you want to concentrate on” just a joke from a Gridiron Dinner in 2001.
Distinguished Humor: George W. Bush Read More »
ABC TV has a hokey drama called V which posits an invasion of the World[read Manhattan USA] by some advanced spacecraft born aliens[technologic superiority triumphs again] lead by a svelte supermodel[done in by beauty yet again]. But watch Ms Alien’s life-sucking dentures which appear when Ms Cool-n-Calculating loses her Cool. Of course they are here
Recipe for Domestic Terrorism Read More »
The Yin: Hallelujah for Flash Mobs given this performance at a mall in Welland ON Canada: This scene has been viewed over 27 million times on YouTube. Most popular of 2010. Now Flash Mobs are organized events that take place most often in a public space usually involving a singing and/or dancing performance by dozens
The Yin and Yang of Flash Mobs Read More »
Richard Holbrooke was a liberal, a diplomat, and a tough negotiator. He died this past Monday. Foreign Policy a day later produced these remembrances of the Man. Even more telling is the gap. Who will takeover another of the thankless Holbrooke diplomatic tasks – US attache on the Afghan/Pakistan/Taliban War.
Richard Holbrooke Remembered Read More »
In fighting specifically for the Bush Tax Cuts for the wealthy and then Estate Tax Cuts that also accrue to the wealthy , Republicans rebranded themselves yet again as the Banksters’ Boyz. With these moves the Republicans moved back and away from anti-gays [oops, GOP delivered here by ignoring military top brass and saying once
Republicans as the Banksters’ Boyz Read More »
The Daily Show has one of the most biting coverages of the increasingly petty and jaundiced policy of the Republicans. This time it is GOP rejecting the 9/11 First Responders Bill – which would pay for the health care expenses incurred by the New York’s 9/11 first responders. The total cost is estimated at $7Billion.
Republican Senators: 9/11 Deserters Read More »
The NYTimes has an article today on getting China to act more responsibly in World diplomacy. The US has been the World’s traffic cop for the past 100 years starting with its reluctant role in World War I and continuing to this day with its primary role in the very asymmetrical War on Terror. The
China As Responsible Partner Read More »
Heaven and OpenSecrets.org know the Democrats have succumbed just as whole-souledly as the Republicans to the DarkSide of Money Lords, Campaign Funding and Special Interest Lobbying. For example, the just concluded Midterm elections cost $4B and saw outside spending by Liberal/Democratic groups increasing by 100% and Conservative Republican groups by 700% to a new high
Banana Republicanism Read More »
There is a coming Awakening or Dawning on America that its 100-150 year reign as the premier economic and politic power is coming to an end. With technology and economic trends ripping like torrents throughout the World, what is to prevent the USA from becoming the next Blockbuster or Lehman Brothers – rapidly going out
Dawning on America Read More »
As the US hurtles towards mid-term elections in which Supreme Court blessed campaign financing has tripled relative to the 2006 midterms, the People discover once again that their Bankers have fcuked Fiduciary Trust, Rule of Law and the People once again by Fcuking Foreclosures with gross negligence and legal fraud. Paul Krugman at the NYTimes
Bankers Did It Again – Fcuked You Ess Ehhh Read More »
Nicholas Christoff argues in today’s NYTimes that the US has become a Banana Republic. This appears to update our posting Going Bananas on Sept 27th 2010[see below]. You, dear reader, say “what is this monkey business about the US being a Banana Republic”? So lets go to the Wikipedia definition of a Banana Republic: Banana
Arianna Huffington’s new book Third World America describes and echoes a number of different commentators on the broad health of the US over the next 10 years. As one can see from the title of her book, both the forecast and prescription are not good as the US is locked in a political war of
Third World America Read More »
On Reddit, a popular Web Post Sightings Site, there was an interesting set of responses to Fox News blatantly manipulating the “News” again. Briefly, Jon Stewart showed how Sean Hannity had video remarks by President Obama edited so the wrong impression/conclusion was drawn. Ever since Andrew Brietbart got a black HUD official fired by also
Fox News Lying Again: The Reaction Read More »
Progressive disillusionment are the bon mots used today to describe the state of Obama supporters and liberal/progressives in general. It is not pretty as there is great discord and apathy among Democrats and Progressives as seen in the quotes below. This, despite the fact that the President and Party have managed to pass major Health
Progressive Disillusionment Read More »
Marketwatch’s Paul Farrel is at it again – speaking his mind. Paul has taken former Ronald Reagan Budget Director David Stockman’s article in the NYTimes and played it back again and has come up with the most popular posting on Dow Jones Marketwatch today. Paul minces no words, just like David Stockman: Stockman is equally
Reagan Republican: How GOP Destroyed the US Economy Read More »
Manufacturing Jobs, Manufacturing Jobs, Manufacturing Jobs is finally emerging, 3 years after the great financial debacle, as the number 1, number 2, and number 3 economic and social problems facing not just the US but most developed countries in the World. And its not easy – just ask the Japanese who had to suffer the
Manufacturing Jobs, Manufacturing Jobs, Manufacturing Jobs Read More »
The Obama team here seems so happy with delivering only what the Republicans and the Financial Lobby would allow. And that is unfortunately playing to the weaknesses in the Executive Branch that have continued through the last two presidencies – a)a grossly poor financial management and regulatory record with a tough choice among Alan Greenspan
The Obama Flaw in Financial Reform Read More »
The World Cup is providing great TV, Press and Internet coverage and there-in lies the lessons for World Leaders. Great coverage means bad plays as well as good ones get big coverage. Take the tic-tac-toe passing of the top clubs like Germany, Spain and the Netherlands – all 3 teams are semi-finalists. But bad play
Lessons for World Leaders from the World Cup Read More »
As noted here news coverage in the US TV media has been faltering badly, with Fox News being allowed to employ blatant lies and distortions while defiantly proclaiming itself as a source of “fair and balanced coverage”. But other networks, seeing Fox anomalous ratings success [the more you prolong and comfort public misconceptions the better
News Coverage on TV Read More »
The number 1,2,3 problems in the US Economy are as of September 14,2008: 1)All the banks are not working and not willing to lend at all. 2)Both consumers and governments are not paying for what they consume. 3)Jobs are in rapid decline. The number 1,2,3, problems in the US Economy are as of October 2009:
Note to Wall Street Investors and President Obama Read More »
In his NYTimes column today Frank Rich gets The Problem with Obama’s Administration dead on. Here are some excerpts: His most conspicuous flaw is his unshakeable confidence in the collective management brilliance of the best and the brightest he selected for his White House team — “his abiding faith in the judgment of experts,” as
Frank Rich Gets Obama Right Read More »
China is trying to portray itself as being a reliable economic and political player on a world scale – that the US and the G20 don’t have to act as the World’s economic engine or political fair players/referees. And the Chinese can point to strong verbal support for Euro Bonds as a sign of financial
China as a World Reliable State Read More »
The new Job Realities are changing basic Economic and Political Fortunes around the World. The major developing countries like China, Brazil, India, Indonesia among others dictate economic tunes because their rapidly expanding manufacturing base are the lowest cost producers in the world. One only has to look at what happened in the Climate Negotiation in
The New Jobs Realities Read More »
Normally one would avoid using SCOTUS, as it suggests genitalia or a social disease of the malbreeding ilk – rather than the Supreme Court of the United States. But the Supreme Court under the “enlightenment” of Chief Justice Roberts is routinely providing such bad decisions that maybe the implied epithets fit his Court. The
This is the weekend when the Financial Reforms, just passed by the Senate, but now subject to reconciliation of the House and Senate versions, gets analyzed in the major business and news media. And its open hunting season among the Financial lobbyists. Read this story about the lobbying forces and money being marshaled for the
Arrayed Against Financial Reform Read More »
If there is any doubt about the the challenging and thankless task of Economic and Financial Regulation just take a gander at the recent ruling by the FTC to approve Google’s acquisition of AdMob. The NYTimes catches much of the flavor of the decision in its reporting here. The basic problems in regulation are threefold.
Behind Why Google Gets AdMob Read More »
MarketWatch has just reported that the Senate has made it safe to bet big and naked on Wall Street. An amendment to the Finance Reform Bill that would have outlawed Naked CDS – Credit Default Swaps that are pure bets on what will happen on default positions taken by others. Now naked CDS are are
Breaking News: Still Good to Gamble on Wall Street Read More »
