How the GOP Will Bring About the End of Capitalism

by Len Hart, The Existentialist Cowboy The GOP gets away with a big lie! The GOP has convinced millions that the GOP is the party of smaller government coupled with smaller debts and deficits. The fact is: EVERY Democratic regime at least since World War II has presided over smaller debts and deficits […]

Election Postmortem: A Picture of Dorian Gray

by Len Hart, The Existentialist Cowboy

It is said that insanity is repeating a failed strategy in the expectation of one day getting a different result. Because that never happens, the nation is nuts! Just enough people always vote against their own interests to guarantee that wealth will continue to ‘trickle up’, that […]

Is the economy doing better or worse under the Obama Administration? The Short Answer is “Better.”

by Reverend Manny and the Twilight Empire

While President Obama has only served two years as the head of the Executive Branch, he has managed to accomplish quite a few things. Among my favorites is how Obama created over 3.3 million jobs with the stimulus spending, thus avoiding a national economic crisis. To […]

Shoveling Shit in Louisiana?

by Len Hart, The Existentialist Cowboy

The mantra du jour is that Obama hasn’t undone ‘Bush’. Ergo –Obama is just as evil as is Bush, or Bush Sr, or Ronald Reagan. Not so and not possible! It’s a false analogy that misses the point; it is strategy designed to deflect attention from the […]

Hypocritical GOP Fiscally Responsible

Not much has changed for the GOP since Bush left the White House last month, they still live in their fiscally irresponsible parallel world, they even tried to say that the current economic situation has nothing to do with the last administration. Yes, the world of the GOP is definitely a parallax view.

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KEATING ECONOMICS: John McCain & The Making of a Financial Crisis

John McCain would like everyone to forget he was one of five Senators up to their corrupt behinds in the The Keating Five Savings & Loan scandal of the 1980s and early 1990s. The Senate Ethics Committee stated “Senator McCain exercised poor judgment.” Somethings never change.

In a July 1996, General Accounting […]

Breaking: Senate Passes Rescue Bill

Washington Post

By a vote of 74-25, the Senate just approved the revised version of the $700 billion Wall Street rescue bill rejected Monday by the House.

The bill now heads to the House for a vote, likely on Friday. Some of the revisions included in the Senate bill were designed to win […]

It’s Not About Wall Street…Stupid

I really don’t know if I am tired of every one throwing amount the wrong term “bailout” or the Americas stupidity on how the economy works. While many believe that the bailout is about Wall Street the true fact is this is a “credit market” crisis. Which is a far cry from the […]

Wall Street Twists and Turns in Agony, $1.3 Trillion Plunge

World reaction to the historic Wall St fall For Stocks, Worst Single-Day Drop in Two Decades US bail-out rejection stuns markets

‘Shocking scenes’

John Terrett, Al Jazeera’s correspondent in New York, said “I’ve never seen anything like this before.

IN DEPTH The US bail-out package

“We’re seeing quite literally shocking scenes on […]

Market Driven Economy Hits Tree – UPDATE

OK, there are lessons in history, has anyone bothered to notice that Americans have played this scene before?. ..

List of stock market crashes

WaMu Is Seized, Sold Off to J.P. Morgan, In Largest Failure in U.S. Banking History

Welcome to chaos: Arab nations hit hard as world markets crash

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