Jul 2011
Deficit Agreement
Jul 31, 2011 20:14 Filed in: Economics
Obama and the Democrats caved in. There is a budget agreement that gives the radical Repubs virtually everything they asked for.
The American people are royally screwed.
The American people are royally screwed.
Comments
Wall Street Dictionary: Trust, Credibility
Jul 31, 2011 09:29 Filed in: Economics
Traditional Definitions:
Wall Street Dictionary definition:
Trust - belief by one that another is honest and dependable;
Credibility - the appearance of trustworthiness;
Wall Street Dictionary definition:
Trust, credibility - commodities convertible to cash or other valuable things through a process commonly known as fraud.
Serious Deficit Nuttiness
My opinion on the deficit has been made clear already. That things have come to the impasse we see today implies some first-class nuttiness and risk-taking on the part of house Republicans that is inexcusable.
Our three Republican representatives are either scoundrels, who would sell their state and country down the river just to spite Obama, or idiots, with no clue about what every student of first-year economics would flunk for not knowing.
Obama has also failed to educate the American people as to the real issues involved and has allowed the deficit vultures to frame the national debt as a family debt issue, rather than the debt of a sovereign that creates its own currency. In the end, Obama must be held as responsible for this manufactured crisis as the tea-party Republicans.
Boehner is clearly not the sharpest tack in the box and Reid has not exactly distinguished himself as an upholder of American Democratic ideals.
What a sorry bunch.
All of them.
*****************
For a rousing declaration of what the American Dream really stands for read this article by George Lakoff and Glenn W. Smith:
http://www.truth-out.org/why-democracy-public-american-dream-beats-nightmare/1311952058
Our three Republican representatives are either scoundrels, who would sell their state and country down the river just to spite Obama, or idiots, with no clue about what every student of first-year economics would flunk for not knowing.
Obama has also failed to educate the American people as to the real issues involved and has allowed the deficit vultures to frame the national debt as a family debt issue, rather than the debt of a sovereign that creates its own currency. In the end, Obama must be held as responsible for this manufactured crisis as the tea-party Republicans.
Boehner is clearly not the sharpest tack in the box and Reid has not exactly distinguished himself as an upholder of American Democratic ideals.
What a sorry bunch.
All of them.
*****************
For a rousing declaration of what the American Dream really stands for read this article by George Lakoff and Glenn W. Smith:
http://www.truth-out.org/why-democracy-public-american-dream-beats-nightmare/1311952058