Pete Sessions, Socialism and Barack Obama

As big a political junkie as I am, one would think I’d be past the point of being shocked when a politician says something stupid.
I’m not.
Representative Pete Sessions (R-TX) believes Obama is both driving the stock market down and unemployment up on purpose.
He’s quoted in today’s NY Times as saying that Obama “intended to inflict damage [...]

Recession: Are We Working Too Much, Or Not Enough?

By now, there are few of us that haven’t been affected by the recession in some way.
Personally speaking, while I have managed to remain employed by a company that still offers great benefits and good pay…
… Even I am feeling the burn.
Most recently my company froze our salaries, offered a “voluntary” reduced work schedule, reduced our medical coverage, and slashed [...]

Bonuses, Bailouts and Buttheads

Like many of us, I was pretty upset to learn about AIG’s decision to pay out more than $165 million in executive bonuses.
Much of the funds are retention bonuses for employees that are no longer with the company. All of it is going to reward AIG’s top decision-makers for decisions that were…
Well…
… Shitty.
The recipients of [...]

Stimulus, Schools and Sanford

A few weeks ago (on February 24, 2009), Obama addressed the nation in front of a joint session of Congress.
It was a moving speech, focusing primarily on the economy, and the challenges faced by America today.
There were a couple of attendees at the event that are not politicians, but rather, people whose personal stories touched the President [...]

Beyond War: A New Economy Is Possible- Part III- Militarism

By Andrew Heaslet, guest Author, Coordinator, Peace Economy Project

Militarism
 
“I refuse to accept the cynical notion that nation after nation must spiral down a militaristic stairway into the hell of nuclear annihilation… I believe that even amid today’s mortar bursts and whining bullets, there is still hope for a brighter tomorrow.”
Dr. Martin Luther King Jr, Nobel [...]

Stock Options, Politics and Bully Pulpits

Alright, we need to talk about this bailout stuff.
Again.
In speaking to someone whose political views I greatly respect (ok, ok- it was my daddy), I learned that perhaps President Obama knew exactly what he was doing  when he recently announced that the regulations he plans to put in place on what’s left of the $700 billion bailout [...]

Barack Obama, Executive Pay and a Whole Lot of B.S.

President Obama said in his recent weekly radio address that he will be presenting a new bailout spending plan soon.
Sounds good to me, though I was never really one to support these ridiculous bailouts to begin with.
What I am shocked- and quite frankly, a little pissed- to hear is that this new spending plan contains [...]

A Spoonful of Sweetener Makes the B.S. Go Down

The Senate has passed the bailout.
Crap.
I had really hoped they wouldn’t.
They didn’t just pass it… they did it with “sweeteners”.
Doesn’t make that shit any easier to swallow now does it?
Nope.
Sure doesn’t.
Let’s hope the House has the balls to kill it- again.
Regardless, here it is in its entirety…
… for those of you who need a [...]

Rescue Plan- Tastes Even Worse Going Down the 2nd Time

The Economic Bailout- Take 2- is going before the Senate today.
I’m a little disappointed… I know they’ve added some stuff, and yanked other things… but…
The bill still stinks.
I was hoping that the unexpected no-vote in the House on Monday would have given lawmakers some incentive to scrap this butt-ugly thing and start over [...]

Economic Ramblings of a Broke A$$ Woman

It’s taken some days, but I’ve finally figured out how I feel about this economic bailout thing that’s been monopolizing my radio, my tv, my internet, and the proverbial water cooler at work.
I hate it.
Should Congress be successful in resurrecting the bill and bringing it to another vote, I hope it fails miserably.
There.
I said [...]