the surest, shortest route to deficit reduction in 2011---repeal and replace
Catawa is my favorite bleeding heart liberal.
I've heard it said that the definition of crazy is to repeat an action over and over expecting a different result. It was the same old thing that got us into this mess so I'm not advising going back to what worked, but against the interests of the nation as a whole. I'm hoping that America wakes up to the need for change before November.
I've always been against the flat tax, but in light of a story on Kieth Olberman the other day which brought to light the fact that big businesses are changing their status to small business to manipulate tax policy, I've changed my mind. Now I say.....Sock it to em'.
Financial crisis of 2007
Yeah, I don't think voting for McCain was any better a vote than voting for Obama.I voted against Obama. I did my part to try to help this country.
Which policies? Some I don't support and some I do. When it comes to a lot of policies, all you can really say is "let's wait and see" because outside of ideological speculation, you don't know whether they will succeed or not.You claim that you're not a Democrat and you didn't vote for Obama, yet I've never seen you criticize any of his policies. I've only seen you support his policies.
no one's a liberal, no one's an obama supporter...
here we go again
meanwhile, bernanke says he staved off a global meltdown
which is why he signals a FURTHER fed purchase of treasuries THIS WEEK
Bernanke Says U.S. Economic Growth Too Slow Even With Fed Bond Purchases - Bloomberg
(ap is not making up this stuff, y'know, it's not spin)
My Way News - Regulators shut banks in Florida, Washington state
fdic ponies up 30B more, backed by more shaky mortgages (in THIS still plunging housing market)
127 banks have failed so far in 2010, expected to exceed the 140 in 09
"the pace is accelerating"
the fdic went into the red in 09, underwater by 21B
the "problem list" of banks to worry about leapfrogged to 829 in the second quarter, up from 775 three months prior
and yet the industry turned a profit of 22B, a full 20B of which was pocketed by the biggies, those with 10B+ of assetts, which make up only 1.3% of our institutions
the too bigs are getting too bigger