Monthly Archives: October 2011

1% = 275% in 30 years….


This video by Rachel Maddow hits the nail on the head. I couldn’t explain it any better so please watch this video: Visit msnbc.com for breaking news, world news, and news about the economy

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Top Earners Doubled Share of Nation’s Income, Study Finds By ROBERT PEAR of NY times.


WASHINGTON — The top 1 percent of earners more than doubled their share of the nation’s income over the last three decades, the Congressional Budget Office said Tuesday, in a new report likely to figure prominently in the escalating political fight over how to revive the economy, create jobs and […]

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Please bring back the Banking Act of 1933!!


The Glass-Steagall Act is probably one of the greatest piece of legislation passed in the 20th century. Enacted June 16, 1933, was a law that established the Federal Deposit Insurance Corporation (FDIC) in the United States, and provided reforms to the banking system. The reforms separated commercial & investment banks […]

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Hell has frozen over for Pat Robertson


What the……Holy sh$%, Pat Robertson is warning the GOP presidential field about far right politics. This is a man who had made historic awesomely stupid statement throughout his life. Pat’s most recent famous statement came during his TV program “the 700 club”: on Tuesday, Mr. Robertson took a call from […]

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Tea Party Uncertain on 2012 By Janie Lorber Roll Call


Time is running out for tea party leaders hoping to shake up the GOP presidential nominating process. In less than two months, voters in Iowa and New Hampshire will start to make their choices, and establishment pressures seem increasingly likely to prevail. Tea party rhetoric has dominated pre-primary jockeying, but […]

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How low will the Tea Party Go??


The Tea Party has no shame in their game. They’re telling small business to stop hiring people so Obama and the democrats will fail. This crosses the line for me. This is unAmerican!! I guess if you look in the Webster Dictionary under unAmerican you’ll see a picture of the […]

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Libyan Ambassador: NTC will start transition now Posted By Josh Rogin Foreignpolicy.com


Libya’s National Transitional Council (NTC) will begin its handover of power and set up elections following the death of Muammar al-Qaddafi, the Libyan ambassador to Washington told The Cable. “That’s what they declared before and that’s what they have to do now. Now they have to start work for the […]

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Will you be able to retire??


This Rachel Maddow video is one of the most important informative videos I’ve seen in sometime. Have you ever wondered about your 401K, savings, and social security? Do you think your money is heading in the right direction. What if I told you that a 401k is a crock, remember […]

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How will we beat China in the war of ideas?


One thing is certain for sure, the Chinese is kicking our butts. How will we be able to beat China in the war of ideas? China’s economy is growing at a 9.1 percent rate while every western nation is only growing at a rate of 1.5% or less. China has […]

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Gallup Poll is First to Find Plurality Support for Marijuana Legalization By NATE SILVER


A Gallup poll released yesterday finds that 50 percent of Americans support legalizing marijuana while 46 percent are opposed. This represents something of a landmark — so far as I can tell, this is the first independent and scientific national survey to have found a plurality in support of legalizing […]

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The Amerislump Is Upon Us by BY SUSAN GLASSER Foreignpolicy.com


Conservative agitator Pat Buchanan’s new book says America might not survive until 2025. “The Suicide of a Superpower,” it’s called. Even the less alarmist are suddenly sounding a lot like him as economists now predict that China may surpass the United States as the world’s largest economy a lot sooner […]

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Banks just don’t understand….


This has been a bad years for banks and financial institutions. These companies have laid off workers, cut pay, cut medical benefits, etc but one thing is constant. The fat cats continue to get their bonuses. Today Goldman Sachs reported a lose for the first time since 2008 but their […]

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Why the GOP should pass Obama’s job bill.


Visit msnbc.com for breaking news, world news, and news about the economy

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Democrats face a reckoning in Deep South legislatures By Daniel C. Vock, Stateline


Bobby Shows, of Ellisville, Mississippi, has represented a rural district in the state House of Representatives for nearly 20 years. But about a year ago, he took a step that used to be rare — and even risky — for any white Democratic lawmaker in the South. He changed parties […]

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California Diminished by 1978 Tax Revolt Shows U.S. in Decline. By Christopher Palmeri, Bloomberg


California voters approved Proposition 13 to rein in property taxes that had doubled in 10 years. More than three decades later, that rebellion has mortgaged the state’s future, saddling it with the nation’s highest debt and lowest credit rating. (Read the rest here…)

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