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POPSOhio Democrats Invite Palin TO Campaign From the source: COLUMBUS - Today, the Ohio Democratic Party sent the following letter to former Alaska Governor Sarah Palin, inviting her to campaign for John Kasich during her upcoming book tour stop in Columbus on November 20.
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POPS'MBA graduates led the world into recession' If these business leaders were not able to spot the flaws in the businesses they were running, one has to look into the matter of what business and management schools had been teaching them. The schools promoted a quasi-scientific approach to business, sermonizing that everything could be nailed down in a textbook, and encouraged students to believe that running a company could be mastered by anyone. The entire private-equity industry is founded on that principle. And also, all the intellectual tools that led us into the financial meltdown were largely invented within academia. Complex models for pricing risk created the market for the options and derivatives contracts that have caused so much trouble in the past year.
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POPSThe Wingnut Revolution "....But all of this silliness tends to overshadow the very basic fact that these self-anointed revolutionaries have all along sought to derail and defeat the largest tax cut in American history; going so far as to define the recovery act containing this historical tax cut as socialism and "porkulus." What this far-right movement appears to suggest is that tax cuts, job creation and affordable healthcare for the middle class -- ideas that are supported by 82 percent of Americans, by the way -- are criminal acts of tyranny, and an eventual tax increase to the tune of pennies on the dollar for the wealthiest two-percent is worthy of opposition by revolutionary means. Okay, well. Good luck with that, wingnuts. But don't forget your permits."
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POPSThose that helped cause this mess. Once again, UK media looks further than their advertisers to explain the truth. Interesting read. But, just like our "experts", totally ignoring the millions of good paying jobs off shored for higher tax revenues from mega-corporations and cheaper socks for sheeple.
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POPSRepublicans=Socialists for the rich Take from the poor and working class and give to the rich. A long held Republican tradition taken to the extreme by Bush and promised to escalate in a McCain/Palin adminstration
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POPSDon't blame deregulation Indeed, exactly contrary to Obama’s claims, the repeal of Glass-Steagall has helped to counter the current crisis. It allowed Bank of America to buy out Merrill Lynch, JP Morgan Chase to buy out Bear Stearns, and Barclays Bank to work on buying up the remains of Lehman Brothers. It allowed investment banks Goldman Sachs and Morgan Stanley to take up refuge as bank holding companies. If investment banks Bear Stearns and Lehman Brothers had diversified more into commercial banking, taking commercial deposits — as the Act’s repeal made possible — that might have provided them with the superior capital cushions needed to survive.
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POPSNeed a Job? $17,000 an Hour. No Success Required. John Kenneth Galbraith, the great economist, once explained: “The salary of the chief executive of a large corporation is not a market award for achievement. It is frequently in the nature of a warm personal gesture by the individual to himself.”
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POPSPols Taking Stock Hits Note: Let's hope Mrs. Kerry still has a nice chunk of H.J. Heinz. That stock is up 7% year to date, versus a 15 point drop for the S&P 500.
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POPSMulberry Bush Politics And both of them called for more government interference. Exactly what caused this fiasco in the first place.
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POPSMore Economic Cluelessness from the McCain Camp Luskin goes on: McCain campaign adviser and former U.S. senator Phil Gramm was right in July when he said that our current state "is a mental recession." Maybe he was out of line when he added that the United States has become "a nation of whiners." But when it comes to the economy, we have surely become a nation of exaggerators. Yup, that 500 point drop in the Dow? That's all in your head! It's psychosomatic economic hypochondria. In fact, Luskin assured us yesterday that the "crisis" (his quotes, not mine) was over. Don't take investment advise from this man -- or his candidate.
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POPSMcCain Team Strikes Back John McCain advisors James Woolsey, Kori Schake, John Lehman, and Randy Scheunemann held a conference call regarding Barack Obama’s comments, praising the 1993 world trade center bombing trial as a model for fighting terrorists. Bottom line: The McCain camp clearly sees this as an opening to argue that Obama is out of touch and dangerously naive about how to deal with terrorists. And if Obama really intends to make the 1993 trial the model for handling terror detainees he should be prepared for some tough questioning about the consequences of that option. The attackers only look incompetent when the attacks fail to do what the plotters had intended. It is not a good strategy to hope that attacks will fail. It is a dangerous tendency to minimize the potential of failed attacks and to write off the plotters as bumblers. http://www.weeklystandard.com/weblogs/TWSFP/2008/06/more_obama_confusion_on_terror.asp
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POPSMoney Interests Buying 2008 Elections Note Romney and McCain won the Michigan primary. Ironically, the same Money Interests financing elections of "establishment" candidates are the same banks and investment firms now in trouble financially.
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