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Behind The Financial Shenanigans

Posted by: Edward Phelps
Date Posted: November 19, 2010

Check out this video.

The cozy relationship between the government (I don't cal it 'our government' because it is clearly not ours), big business, and the wealthy elite is illuminated in this not-so-funny video that explains in plain language what complex terms like "Quantitative Easing" mean - besides serving to completely and utterly confuse anyone outside the finance industry loop. Read more »

I Remember Too!

Posted by: Edward Phelps
Date Posted: November 3, 2010

I voted today, and I did not vote Republican or for any Tea Party candidates. Because I remember how we got into this huge mess we are in and I know how important it is to give change a chance to happen. It is going to take time, especially when Republicans state their sole mission going forward is to make President Obama a one term president. Well just excuse me for not finding that to be an acceptable political platform. I remember when Republican Senator Bob Dole put forth a health care bill very similar to the one we just got, and nobody called that one "Socialist" or "government run health care". I remember when thousands of Americans died in hurricane Katrina, and the Bush Administration couldn't get water to people. I remember Republicans killing legislation that would impose stricter federal oversight on financial practices. And then watching the system collapse leaving millions jobless and homeless, while the guys who concocted and administered the crimes got publicly funded bailouts and skimpy prosecution. And I remember back in the 70's when the rich ($200k+) paid 70% tax rates. They were still rich, but we had better paying jobs, better schools, better health, a strong middle class, and fewer poor. Read more »

President Obama Appears On The Daily Show

Posted by: BPC
Date Posted: October 28, 2010

President Barack Obama made a historic appearence on the Daily Show with Jon Stewart yesterday. Mr. Stewart managed to conduct a frank and substantive interview on hot button issues and concerns. The President displayed keen political judgement in makiing the appearance as part of his campaign to reach young voters before the November Mid-Term election.

 

PART 1: Barack Obama believes a lot has been accomplished over the last 18 months in very difficult circumstances.

The Daily Show With Jon Stewart Mon - Thurs 11p / 10c
Barack Obama Pt. 1
www.thedailyshow.com
Daily Show Full Episodes Political Humor Rally to Restore Sanity

The Guy Who Blows The Whistle Is Not The Bad Guy!

Posted by: Edward Phelps
Date Posted: October 28, 2010

Listening to the textbook repositioning rhetoric coming from media and establishment officials and supporters (ie: proclaimed "experts" and "analysts") the real tragedy about the revelations of torture, massive civillian deaths, contractor inefficiencies and ineptness, and lies put forth by officials and the media about the Iraq war is that these facts were revealed by wikileaks.org. Well I must weigh-in and state clearly that I disagree. The real tragedy is that these things happened. And I want something to be done about it.

But that's not what's happening. Nothing substantive is being done to investigate and bring into question the plethora of wrongdoings that are at best extremely negligent and misleading. What is happening is that WikiLeaks Founder Julian Assange is the target of a massive media defamation campaign and the subject of investigation by government agencies (at the taxpayers expense of course). Read more »

WikiLeaks Founder Julian Assange Walks Out of Interview with CNN correspondent Atika Shubert

Posted by: BPC
Date Posted: October 27, 2010

Wikileaks.org recently relaesed thousands of formerly classified documents on the Iraq war that reveal a stunning death toll of 109,000 people, more than 60% of them civillians.

With that, it is enlightening to see CNN correspondent Atika Shubert attempt to focus her interview with wikileaks founder Julian Assange on matters related to his personal character instead of vetting the reams of evidence that senior U.S. officials lied dramatically about the course and status of the war on numerous occassions. Equally enlightening is the barrage of media attacks against the release of these documents, the implications and insinuations of Iranian involvement, and the lack of outrage at the disclosure of seriously inappropriate and possibly criminal conduct by officials at many levels.

Mr. Assange refuses to participate in CNN's attempt to defame his personal character rather than focus on the substance of the information contained in the revealing documents.

Tax Cut Debate Breakdown

Posted by: BPC
Date Posted: October 1, 2010

White House White Board: CEA Chair Austan Goolsbee Explains the Tax Cut Fight

Today we're trying out something new -- White House White Board, in which one of our key players on the White House team will cut through the political back-and-forth you hear every day and break down an issue affecting American families into simple, understandable terms.  Today, Austan Goolsbee, the new Chair of the Council of Economic Advisers here at the White House, tackles the tax cut fight and what it means that Congressional Republicans are "holding middle class tax cuts hostage" as the President has said:

Read more »