Holy Crap! Been a helluva day! Finger pointing, injection of politics and total BS. The markets are up over 200 pts as of this writing and the media pundits are claiming that it shows optimism that a deal can be cut by week’s end when the House returns to work.
BS! It is more like bargain [...]
Archive for September, 2008
Today In The Economy
Posted in Economics, Fiscal Policy, Government, News, Observations, Politics, Society, tagged Bailout, Economic Crisis, Financial Markets, US Congress, Voters on 30 September, 2008 | Leave a Comment »
Prez Speaks To The Failure
Posted in Economics, Fiscal Policy, Government, News, Observations, Politics, tagged Bailout, Economic Crisis, Financial Markets, Leadership, Pres. Bush, US Congress on 30 September, 2008 | Leave a Comment »
He said this was a critical moment for the U.S. economy. “And we need legislation that decisively addresses the troubled assets now clogging the financial system, helps lenders resume the flow of credit to consumers and businesses, and allows the American economy to get moving again.” Isn’t the credit thing that got us to this [...]
Troops Will NOT Come Home
Posted in Foreign policy, International Situations, Military, News, Politics, War, tagged Afghanistan, Iraq, Sec. Gates, The Surge, US Troops, Withdrawal on 30 September, 2008 | Leave a Comment »
Both major party presidential candidates have lauded the surge strategy as a great success despite mounting evidence that sectarian cleansing, not the surge, was responsible for the drop in violence. Republican nominee John McCain has remained hawkish on the war from the start, though Democratic nominee Barrack Obama has several times stated his intent to [...]
Today In Labor History
Posted in Education, History, Labor, Politics, Society, tagged Educational, Historical Events, Strikes, Unions, Workers on 30 September, 2008 | Leave a Comment »
30 September
29 strike leaders are charged with treason – plotting “to incite insurrection, rebellion & war against the Commonwealth of Pennsylvania” – for daring to strike the Carnegie Steel Co. in Homestead, Pa. Jurors refuse to convict them – 1892
Black farmers met in Elaine, Ark. to establish the Progressive Farmers and Householders Union to fight [...]
Welcome Back, SNL
Posted in Media, News, Observations, Politics, Society, tagged Comedians, Humor, Presidential Politics, Television on 30 September, 2008 | Leave a Comment »
It is about time!
In the beginning there were the “Not Ready For Prime Time Players”, a group of superb comedians that had their fingers on the political pulse of America and the world. Week after week, they gave us humor and sarcasm and no one was immune. Their political commentary was spot on. Then as [...]
What Will The Bailout Failure Mean To The Poor?
Posted in Economics, Fiscal Policy, News, Politics, Poverty, Society, tagged Bailout, Economic Crisis, Financial Markets, Low Income Families, The Poor, US Congress on 30 September, 2008 | 2 Comments »
This is from the Progressive Policy Institute’s Moving Up Blog:
The House voted against the economic bailout with 226 members voting against and 207 for it, causing the Dow to drop as much as 700 points. No one knows exactly how the next few days will play out, but we will see one of three things: [...]
“The Party Is Over”
Posted in Economics, Government, Politics, Society, tagged Bailout, Economic Crisis, Financial Markets, Taxpayers, US Congress on 30 September, 2008 | Leave a Comment »
Let me repeat that..”The Party is over”….words uttered by Pelosi on the bailout deal over the weenend. Now question is, HUH? Where is this true? Whose party? For Wall Street? Now that is a crock of crap! Wall Street is not paying for anything that they screwed up. I would say that as soon as [...]
Annoucement
Posted in News, Observations, tagged Announcement, Apology, Brain Farts, Mental Pause on 29 September, 2008 | 1 Comment »
I wish to apologize to any of my readers that have left comments in the past. All comments were answered by me and in a fit of “dumbass” I went back sometime ago and deleted all comments. Finally, the brain farts ceased and I realized that I had deleted all past comments.
For this I am [...]
Professor’s Classroom
Posted in Economics, Education, Society, tagged Classroom, Educational on 29 September, 2008 | 1 Comment »
Another Monday, another quiz. Today’s quiz is going along with what is happening in the real world, economics.
First of all to my participants, I made a screw up and deleted posts and answers to past classrooms, for this I apologize.
Todays question is : This theory in economics states that in every epoch the prevailing mode [...]
