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POPSBush's Legacy The fall of the Roman Empire Part Duex Nero fiddles while Main Street burns.
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POPSBush Has Been a Destructive President The road to hell is paved with good intentions. I honestly believe that, as Biden said, you shouldn't question Bush's motives. The results, however have been destructive. Not only the policies but the attitude of superiority and entitlement that Bush brought has spilled over into so much of our lives that the destruction he has wrought will be felt for a very long time.
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POPSU.S.Treasury's Kashkari to Lead Bank Bailout Office (Update1) ``We need to think through what's the best for securities, for loans, to help strengthen the balance sheet of the institutions.'' Anthony Ryan, the Treasury's acting undersecretary for domestic finance, said in an interview today on CNBC. ``We are focusing on the broader issues, the mortgage- related assets.'' Senate confirmation is required to fill the position for which Kashkari will be nominated. The Treasury hasn't specified the length of Kashkari's tenure, or whether the White House would nominate him officially. The Bush administration remains in office until January. Ben Dover, "Dewey Screwem and Howe" via tom mcguire
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POPSSupreme Court Overturns Exxon Valdez Verdictby
prin1 Yesterday 9:29 PM this makes me sick, sick, sick. i was just thinking about exxon today as i was watching the mess ike made in the gulf. you would think by now they would have figured out a way to cap off the drill so it would not leak during a storm.
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POPSTaliban severs ties with al Qaeda - seeks peace No matter how CNN spins this - we have slaughtered the Taliban until their forces and leadership are depleted, and they have lost the will to fight. This is what is known as victory. It is the same sort of victory we are experiencing in Iraq. The democrats and the mainstream media are so unfamiliar with the concept of "victory" they can't recognize it. It is the kind of victory liberal democrats would never achieve, because it takes courage, foresight, and patient fortitude - - all qualities they lack. I believe only President Bush was capable of taking the war to the enemy, and seeing it through. History will be very good to him.
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POPSAmericans now fleeing to Mexico Unconfirmed Sources political satire and news story parodies as represented above are written as satire or parody. They are, of course, fictitious.
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POPS"Wolf" Named to head $700 billion oversite buy out! With apologies to four-legged wolves - why Wolf? If it looks like a wolf, walks like a wolf, then the sheep - us - better look out. Prior to joining the Treasury Department, Mr. Kashkari was a Vice President at Goldman, Sachs & Co. in San Francisco, where he led Goldman's IT Security Investment Banking practice, advising public and private companies on mergers and acquisitions and financial transactions. If being in charge of advising public and private companies on mergers and acquisitions and financial transactions is a qualification, then maybe he needs someone who specialized in selling bad mortgages as his aide!!
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POPSGlobal Stock Markets Going Down. BadNews Bush Again
Bush didn't cause the real estate agents and banks to make bad and fraudulent loans -- but neither has he caused any recovery. Maybe, in fact, there is no quick fix to boom and bust speculation. But another fact is that this $700-billion does nor demands NOTHING that will directly help people with the predatory mortgages they were suckered into - nor guarantee more jobs -- nor make credit available again. It's only claim is "to inspire confidence." in the banks. It doesn't seem to be working and it's doubtful if anything a failed president, working with a failed Congress, could do with helping out a failed Wall Street. The SuperRich (the 1% of our population that now owns 20% of our wealth), the SuperRich still get all the breaks and loopholes and the Middle Class gets the screws put to them. Wall Street walks away with all their profits and all their bad debts are sold to the taxpayers -- Why didn't we buy stock in the banks instead? Or 100 other ways to do this bett
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POPSS&M Porn Illegal-Real Life Torture-OK! But for our highest government officials, including the ones responsible for this prosecution, we have a different story altogether. In 2002, the Bush DOJ radically re-defined "torture" and illegal treatment of detainees to exclude anything that falls short of "the pain accompanying serious physical injury, such as organ failure, impairment of bodily function, or even death." The DOJ's John Yoo even decreed that the President could legally order "'scalding water, corrosive acid or caustic substance' thrown on a prisoner" and possibly even "slitting an ear, nose or lip, or disabling a tongue or limb."
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POPS0.7% Aid Australia has not yet made a commitment to keep its promise to increase aid to 0.7%
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POPS Thomas Sowell Opines --- Do Facts Matter? So did Bush's Secretary of the Treasury, five years ago. Yet, today, what are we hearing? That it was the Bush administration "right-wing ideology" of "de-regulation" that set the stage for the financial crisis. Do facts matter? We also hear that it is the free market that is to blame. But the facts show that it was the government that pressured financial institutions in general to lend to subprime borrowers, with such things as the Community Reinvestment Act and, later, threats of legal action by then Attorney General Janet Reno if the feds did not like the statistics on who was getting loans and who wasn't. Is that the free market? Or do facts not matter? Then there is the question of being against the "greed" of CEOs and for "the people." Franklin Raines made $90 million while he was head of Fannie Mae and mismanaging that institution into crisis. Who in Congress defended Franklin Raines?
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POPSDo Facts Matter? "We also hear that it is the free market that is to blame. But the facts show that it was the government that pressured financial institutions in general to lend to subprime borrowers, with such things as the Community Reinvestment Act and, later, threats of legal action by then Attorney General Janet Reno if the feds did not like the statistics on who was getting loans and who wasn’t. Is that the free market? Or do facts not matter?"
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POPSPresidential Candidate AGAINST the $700 Billion Bailout I understand people need money to live, but they need real money not more paper money made out of thin air. American's need leaders that can help them understand our Constitution and what real money is and how it can turn our country around. Baldwin was endorsed by Ron Paul on Sept 22. Although Baldwin is a pastor, he has consistently and rightfully spoken out against Bush and Congress. Check the party platform. Watch the video. Then decide.
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POPSDick Cheney, Role Model "Ms. Couric asked Joseph Biden, Ms. Palin’s rival, the same question in a separate interview. He had it exactly right when he told her that Mr. Cheney’s theory of the “unitary executive” held that “Congress and the people have no power in a time of war.” And he had it right in the debate when he called Mr. Cheney “the most dangerous vice president we’ve had in American history.” "
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POPSDebt Soars under Bush Maybe the dems are big spenders and taxers, but this huge spend and cut taxes policy of the last few Republican administrations is disgraceful. "I will veto any bill with pork"-well you voted for one with pork, does that not count Senator?
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POPSAl QAEDA' S PLAN B Book Review from the New York Post: "These are some of the ideas developed by al Qaeda's chief theoretician, Sheik Abu-Bakar Naji, in his new book "Governance in the Wilderness" (Edarat al-Wahsh" I URGE A CAREFUL READING OF THIS ARTICLE AT SITE: http://www.nypost.com/seven/07012008/postopinion/opedcolumnists/al_qaedas_plan_b_117936.htm?page=0
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POPSGOP Strategists See Big Nov. Losses "If you turn the clock back two or two and half weeks, you could make a plausible argument that if a couple of things go our way we will lose three to four Senate races," an unnamed strategist told WaPo . "Now we will lose six to eight." Polling in most Senate races over the past 14 days has shown a five-point decline for the Republican candidate, the strategist said. The piece continues: The picture in the House is similar. The generic ballot test -- a traditional measure of broad voter attitudes -- has also moved decisively in Democrats' direction in recent days. The latest NBC-Wall Street Journal and Associated Press polls showed voters favoring a generic Democratic candidate for Congress over a generic Republican by 13 points, while a recent Time magazine poll gave Democrats a 46 percent to 36 percent edge. It's looking more and more like 2006 all over again.
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POPSDemocrat Fingerprints Are All Over The Financial Crisis ........under stricter regulatory control. In 2006, it was revealed that Fannie Mae had overstated its earnings – to which its senior executives' bonuses were linked – by a stunning $9.3billion. Between 1998 and 2003, Fannie Mae's executive chairman, Franklin Raines, picked up over $90m in bonuses and stock options. Yet Barney Frank and his chums blocked all Bush's attempts to put a rein on Raines. During the House Financial Services Committee hearing following Bush's initiative, Frank declared: "The more people exaggerate a threat of safety and soundness , the more people conjure up the possibility of serious financial losses to the Treasury which I do not see. "There were nearly a dozen hearings where we were trying to fix something that wasn't broke. Mr Chairman, we do not have a crisis at Freddie Mac and particularly at Fannie Mae under the outstanding leadership of Mr Franklin Raines."
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POPSBailout Bill Loops In Green Tech, IRS Snooping
• One-year extension for wind and refined coal energy tax credits. A production credit for electricity produced from renewable marine energy sources Energy credits for "small wind properties," geothermal heat pump systems, and energy-efficient residential properties. • New renewable-energy bonds. Up to $800 billion in energy bonds may be offered to the public... • Tax credits for "cellulosic biofuels" and for "carbon dioxide sequestration." An extension of an alternative fuel credit. Tax credits for "new qualified plug-in electric-drive motor vehicles." Bicycle commuters get a nod,... The bailout bill also gives the Internal Revenue Service new authority to conduct undercover operations. It would immunize the IRS... federal laws, including permitting IRS agents to run businesses for an extended sting operation.. Anti-Drug Abuse Act in 1988, the IRS has possessed this authority temporarily, with occasional multiple-year lapses...such undercover authority would be made perma
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POPS'Historic' 'bailout' passes Congress This has got Nothing whatsoever to do with People (Who?) This is to bail ou the banking industry and corporate holdings. - give them the cash, and when the Economy hits rock bottom the idea is to buy out things of value, real assets for pennies. There is an Australian Movie 'The Castle' that puts into context "They're Dreamin' " Are we going to sell what we own Like they've sold the U.S. to Europe.? That's up to You
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POPSCongress approval rating just 10% "A political establishment held in higher regard may have been able to hold together some kind of coalition of the willing," wrote Joel Achenbach in the Washington Post. "But distrust of the nation's leaders, from the leaders of Congress to the president, foreclosed that possibility." This was not mere rhetoric. Congress's public approval rating was down to 18% before the crisis hit. By some estimates, it is now 10% and falling. Washington has seen a "throw the bums out" mood before, notably Newt Gingrich's 1994 anti-government "Republican revolution". But this is something else. Like some others, Gingrich is calling for the resignation of Hank Paulson, the treasury secretary, for presiding over a train wreck and then failing to persuade people why $700bn was needed to get back on the rails.
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