Monday, October 31, 2011
"GOP presidential candidate Rick Santorum said he’d die to prevent same-sex couples from getting married.
“I’ll die on that hill,” GOP presidential candidate Rick Santorum said when asked about his pledge to fight for a federal ban on same-sex marriage..."
Don't worry; I can't imagine a legion of gays rushing to PA to crucify poor Rick.
Sunday, October 30, 2011
"...The source of the ardor is no mystery: Warren’s unapologetic populism and her fervent belief that corporations should be held to account for the economic collapse. Part Pat Moynihan, part Erin Brockovich, she has revived the energy of the left in a way no other Democrat has, including President Obama.
“We live in an America that has hammered, chipped and squeezed the middle class,” she told a crowd in Newton, Mass., while the government “has said to large corporations that you don’t have to pay anything in taxes...”
"A controversial law sharply curtailing collective-bargaining rights for Ohio’s public employees is sinking in the polls, raising Democratic hopes that the measure’s defeat could boost their prospects in the crucial swing state in 2012.
The law’s diminishing poll numbers have coincided with a decline in the approval ratings of Republican Gov. John R. Kasich, the measure’s most visible proponent. The drop is coming as the law’s union-led opponents have waged an energetic campaign against a measure that they say represents an overreach by the state’s Republican political leaders..."
Saturday, October 29, 2011
'...A "zombie bank" is as "a bank or financial institution with negative net worth," according to Investopedia. And yet, "they continue to operate as a result of government backings or bailouts that allow these banks to meet debt obligations and avoid bankruptcy. Zombie banks often have a large amount of nonperforming assets on their balance sheets, which make future earnings very unpredictable."
"The large banks which dominate most of the lending in the United States are effectively zombie banks," well-known banking analyst Meredith Whitney said this summer. "You've got an expense structure that just doesn't match the revenue structure. So it's a classic issue of negative operating leverage. You don't buy institutions that have negative operating leverage..."'
Friday, October 28, 2011
Thursday, October 27, 2011
Simply Left BehindThe Non-Rapturist's Guide To The Galaxy: I Have A Question For The 53%ers:
"... Why are you working three jobs just to keep up? Why wouldn't you rather work one job at a living wage and have more time to enjoy the finer things that wage provides.
Finer things, like kids, and family time, instead of rushing off to job number two or three.
Why are you angry at the people who have it even worse than you? Why aren't you angry at the people who have sucked up every spare bit of money lying around like a vaccuum cleaner and stuck it in their pockets, rather than provide a decent wage that allows you to work to live, not live to work?
Why aren't you mad as hell and not going to take it anymore?"
Wednesday, October 26, 2011
I think the worse, or at least the longest, abuse of precariats occurs in higher ed where tens of thousands of faculty are employed "part-time" with virtually no job protection or recourse. These abuses have been going for at least fifty years. Yet the situation only grows worse.
Tuesday, October 25, 2011
"Now here comes Condoleezza Rice, the latest from the Bush White House trying to rewrite history on Iraq, make it out to be some kind of triumph for all of them, make herself a hero of a war that cost this country so many young lives and so much money and so much prestige.
So a war started under false pretenses becomes one given over to this kind of false past tense..."
Monday, October 24, 2011
Sunday, October 23, 2011
Saturday, October 22, 2011
'Wayne Schissler walked the four blocks from his workplace to the small Occupy Allentown protest to show the young demonstrators that a tea party member is not a monster. What he learned after a few hours of talk surprised him.
“They didn’t stink, and they weren’t on drugs,” he said. “I could see me being them, 30 years ago...”'
Friday, October 21, 2011
"Let them eat Cake," the 1% does not yet feel the revolution. Yet violence should not be tolerated. The violence brought forth by the police will prove to be their demise. One thing I am doing as a small business owner, to show support for the OWS movement, and bring the message directly to consumers, is refusing to accept CC or Debit cards under the amount of 99 dollars. Banks will feel something, if everyone removes enough cash to shop, thus not rewarding the banks, through paying fees with every transaction. The banks are looking at charging the people fees for debit card use. Well small business pays fees with every swipe of the card. It'll cost the banks millions in a short time, if customers and businesses stop paying fees to use their own money."
"The “Occupy Wall Street” protesters — also known as the “99 percent” — have struck a chord with at least a few members of an unexpected audience: America’s rich and privileged.
United under the banner “We are the 1 percent: We stand with the 99 percent,” a band of entrepreneurs, trust fund babies, professionals and inheritors has taken to the web to share their abhorrence of corporate greed and support for tax code changes that would see them pay a higher share of their considerable wealth..."
Thursday, October 20, 2011
Wednesday, October 19, 2011
Tuesday, October 18, 2011
Monday, October 17, 2011
"President Obama "has suffered the most unrelentingly negative treatment" of all presidential candidates over the past five months, according to a study released Monday from the Pew Research Center's Project for Excellence in Journalism.
Pew found that Mr. Obama was the subject of negative assessments nearly four times as often as he was the subject of positive assessments. It found he received "positive" coverage nine percent of the time, "neutral" coverage 57 percent of the time and "negative" coverage 34 percent of the time..."
Sunday, October 16, 2011
Saturday, October 15, 2011
Friday, October 14, 2011
"... But before we get to the point where we decide who gets to stay and who has to go, there has to be a mechanism in place that will ensure the integrity of the voting process. Because, as we have seen recently, the rulemakers are very intent on preventing the wrong kind of people from voting. Then there is the problem of voting machines. They are very easy to hack and most states do not require a paper trail.
There is a proposed remedy for this. Rush Holt, congressman from NJ’s 12th district, has proposed a bill called the Voter Confidence and Increased Accessibility Act of 2005..."
Thursday, October 13, 2011
Wednesday, October 12, 2011
The Flat Tax Scam is a sales tax, and I've had some recent experience with how this scam works. The blessed bureaucrats in Raleigh forgot to put in the decimal points on a recent boat purchase of mine. Instead of a $22k brim boat, they thought I had bought a $2.2 million yacht. I get a tax bill for around $1,700. When I explained their mistake, I got an adjusted bill for about $650. (I had to pay penalties and fines nearly equal to the tax bill for following the State's directions on filing, but that's another story.) It doesn't take a rocket scientist to figure who's getting screwed here: 650 on 22 thousand or 1700 on 2.2 million.
And so it goes, and North Carolina is not even the worse state when it comes to this disparity.
If Cain's plan happened, here's what would follow shortly after the middle class has been completely wiped out by this tax-- high end purchases would have their taxes capped-- exactly like they do now. Because if you charge $200k on the sale of that $20 million boat, plane, train, industrial machine, diamond necklace, antique gun, lost Monet, country estate or whatever, you'll be depressing sales of that item and costing people jobs and hurting the job creators without whose tireless efforts on our behalf, none of us sniveling groundlings would have a job or a hovel.
This can be explained to 99% of the people. Show them the con and they'll run from it, though they may keep yelling about Mom, apple pie and tea bags in order to keep up appearances with their peeps. Drive this into everyone's head: the 999 plan benefits 1%, not 100%, of the people.
Oh, and I'm not a racist.
999 | Herman Cain for President:
Tuesday, October 11, 2011
Monday, October 10, 2011
"...Consider first how Republican politicians have portrayed the modest-sized if growing demonstrations, which have involved some confrontations with the police — confrontations that seem to have involved a lot of police overreaction — but nothing one could call a riot. And there has in fact been nothing so far to match the behavior of Tea Party crowds in the summer of 2009.
Nonetheless, Eric Cantor, the House majority leader, has denounced “mobs” and “the pitting of Americans against Americans.” The G.O.P. presidential candidates have weighed in, with Mitt Romney accusing the protesters of waging “class warfare,” while Herman Cain calls them “anti-American.” My favorite, however, is Senator Rand Paul, who for some reason worries that the protesters will start seizing iPads, because they believe rich people don’t deserve to have them...
"...The way to understand all of this is to realize that it’s part of a broader syndrome, in which wealthy Americans who benefit hugely from a system rigged in their favor react with hysteria to anyone who points out just how rigged the system is..." (My bold.)
Sunday, October 09, 2011
Saturday, October 08, 2011
Friday, October 07, 2011
Thursday, October 06, 2011
"... Force the president to fire Tim Geithner. Force Obama to do one major thing that he clearly does not want to do. Afterwards, both he and all other politicians will take the protesters ultra-seriously.
Oh...I forgot to mention the sixth reason to demand the canning of Timmy: He's awful.
"The media keeps telling us that this is a student movement and there are nothing but young people at OccupyWallStreet. This is a lie.
There are people of all ages there and a LOT more people who are middle aged than you would expect. It is a gross mischaracterization to say that this a youth movement. That’s because so many of us are unemployed that we have time to go to marches and rallies. If the people who are running this country don’t want more marches, they really need to make a more concerted effort to get people back to work. On the other hand, occupation sites might be a good place to network. It gets people out of the house and out of their heads. Plus, if there’s decent bandwidth, you can check your email for job posting updates and rejection notices..."
Tuesday, October 04, 2011
Monday, October 03, 2011
Sunday, October 02, 2011
"..._The 1994 Republican revolution. The GOP ended four decades of House minority status when Newt Gingrich of Georgia led an insurgency that would change Congress' way of doing business.
"He greatly increased the party-versus-party polarization," Edwards said. Republicans saw their mission as "less to be a lawmaker than to be a champion of the Republican cause, constantly at war, defeating Democrats..."