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POPSAP: Food industry bitten by its lobbying success I guess this is what is meant by less government is good government. This administration has been on the side of big business every step of the way, and this is only one of the paybacks that we the citizens have had to endure. I wonder how many more "slaps in the face" we have been unknowingly receiving through the fact that our President and the present administration, and now including the Supreme Court are on the side of BIG BUSINESS! I kinda think that the 28% interest rate on credit card loans, or the inability to declare bankruptcy, or the lack of adequate health care...etc. etc. etc., might just be a result of the successful lobbying of Big Business to help them with the only thing they are really concerned with.....and that my friends is their BOTTOM LINE! Deregulation has bitten us upon the ass on many fronts....this is just one of them!
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POPSTriple-A Failure This is a long read, but worth the effort if you want a better understanding of how the big banking and mortgage institutions got into this mess. What is really comical is how they try to blame the mortgage holders, as the following quote illustrates: ================= "Moody’s and S.&P. have announced reforms. But they reject the notion that they should have been more vigilant. Instead, they lay the blame on the mortgage holders who turned out to be deadbeats, many of whom lied to obtain their loans." ====================== The only "deadbeats" I see here, are the ones that allowed this rediculous situation to develop.....in the name of MONEY....more and more of it!
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POPSA Sobering Census Report: Americans’ Meager Income Gains more: The fortunes of middle-class, working Americans also appear less upbeat on closer consideration of the data. Indeed, earnings of men and women working full time actually fell more than 1 percent last year. This suggests that when household incomes rose, it was because more members of the household went to work, not because anybody got a bigger paycheck. The median income of working-age households, those headed by somebody younger than 65, remained more than 2 percent lower than in 2001, the year of the recession. Over all, the new data on incomes and poverty mesh consistently with the pattern of the last five years, in which the spoils of the nation’s economic growth have flowed almost exclusively to the wealthy and the extremely wealthy, leaving little for everybody else.
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POPSThe NAFTA Superhighway When I first heard about this, I found it hard to believe....... looks like its true. Multinationals are our new country.... Kiss America goodby. Money talks....us patriots walk, or ride that super-duper-highway.
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POPSCredit Card Buyer Beware Amazing how some people don't understand that one very good, and much needed job of the government is to establish laws that protect us from this sort of greedy corporate practice. Too many people just keep repeating that same old Reagan quote.....the best government is a small government, or something like that..... as if all these corporate entities are going to do what is best for us. They think that when it comes to money, the banks are going to do something that will lessen their profits. How stupid!
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POPSWait, There Actually Is a Bridge in Brooklyn You Can Sell Me? The common good is flying out the window in this new world of privatization. We will all feel the effects of corporate creed in the course of our daily life. (Government = Bad Corporations = Good} Private Enterprise is the answer to everything. God Bless America! Also, God Help America!
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POPSHow Did We Get Here? Enlighting article.....rings of truth! Does anyone out there remember GE Theater and Uncle Ronald....He was such a comforting figure.....so soft spoken, etc.
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POPSHow to Save the Middle Class from Extinction Krugman is correct in saying that this is not the middle class society that I grew up in! Maybe that's why so few people care much about "the two income family" just treading water to stay afloat.......the young families today don't have anything to compare their plight to.......they never lived in a society where one person could actually make enough money to keep his family in the necessities of life......those days are gone!
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POPSA Far Too Convenient $mear "But there is no doubt. Al Gore is a hero." I like that one! Come on all you think tank.....swiftboat......bullshit artists.......bring it on!
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POPSDemocrat Class Warfare Now ... here's where the frustration comes in. Cavuto asks Senator Klobuchar whether or not she thinks that the 35% of earnings that the richest 1% earn now is enough; whether or not that's fair. He asked this question three times, and three times Klobuchar refused to answer it. She would launch into a discussion of rising tuition rates and health insurance premiums in Minnesota. Now excuse me ... but in what way do comments on rising tuitions and health insurance rates constitute a response to a question as to whether or not a 35% tax rate is high enough for evil high-achievers?
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POPSWings of Justice I can just hear the PRIMEVAL SCREAM now from conservatives who HATE Ted Kennedy. Oh well,....scream away....who the hell cares!
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POPSYour MasterCard or Your Life! I think I read in that new bankruptcy law that the banks are allowed to "knee-cap" you if you don't make the payments. Also, they are now allowed to charge as much interest as they want.......wait a minute!......they have been allowed to do that all along now!.......even without the new law. Oh well!.....just as long as we get rid of all these deadbeats! Maybe they will die or something.......
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POPSIn Debt We Trust....Hook em while they're young! Come on all you conservatives.....tell us how we all need to be "RESPONSIBLE"!!.... any then give all the power to the legal crooks in the banking and credit card industry.....cheer on the passage of a "travisty of a bankruptcy bill that shafts consumers and enriches the financial industry"!
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POPSAre you trapped in the soulless exurbs? "The creation of an American oligarchy.....a steady Weimarization of the American working class. The top one percent of American households have more wealth than the bottom 90 percent combined." This is an interesting tribute to our "Growing Economy" that King George will be talking about in tomorrows State of the Union Address.
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