By Michael Collins
The Money Party is a very small group of enterprises and individuals who control almost all of the money and power in the United States. They use their money and power to make more money and gain more power. It’s not about Republicans versus Democrats. The Money Party is an equal opportunity employer. It has no permanent friends or enemies, just permanent interests. Democrats are as welcome as Republicans to this party. It’s all good when you’re on the take and the take is legal. Economic Populist
Negative job growth for eleven years is the best evidence concerning our economic troubles. There were 135 million jobs in 2000 for a workforce of 144 million. Today, there are 139 million jobs for a workforce of 154 million. That represents negative job growth when you factor in population growth.
Job growth in this economy hit a dead calm in 2000 and is now moving backwards. If the issue isn’t raised, how can we address the phenomena?
Please view the video, CNN’s Fareed Zakaria says the easiest way to cut the deficit is to let the Bush tax cuts expire.
copyright © 2010 Betsy L. Angert. BeThink.org
The day was Sunday, August 1, 2010. Former Fed Chairman, Alan Greenspan appeared on Meet the Press. When asked to discuss the Congressional debate on tax cuts, the man known to move markets, a person who leans to the “Right,” offered a decisive decree. In direct disagreement with Republican officials and the profitable corporations that fund countless political campaigns, Mister Greenspan declared, “Look, I’m very much in favor of tax cuts, but not with borrowed money. And the problem that we’ve gotten into in recent years is spending programs with borrowed money, tax cuts with borrowed money, and at the end of the day, that proves disastrous. And my view is I don’t think we can play subtle policy here on it.”
Posted in 4th Estate, Economy Economics, MSM Shills
Tagged 4th Estate, Alan Greenspan, Allan Chernoff, Bush Tax Cuts, Cable News Network, cnn, Corporations, corporatism, David Stockman, Democrats, economics, Fareed Zakaria, Income Inequity, Media, Obama Tax Cuts, Press, Republicans, thomas paine, Wealth
74 Democrats signed a joint letter to the FCC supporting internet throttling by Verizon, ATT and Comcast. Throttling lets carriers slow or block internet traffic. This is a clear attack on net neutrality.
House Speaker Nancy Pelosi just endorsed net neutrality. But The Money Party is busy buying votes. Here’s a Top Ten list of the biggest rake-offs by the 74 Democrats. They had a total take of $2.8 million with an average of $37,000 a piece from industry sources and lobbyists. No telling how many jobs, trips, and other favors were provided. The Money Party is nothing, if not thorough.
Let your member of Congress know how you feel. Complaint letter to Congress Continue reading
By Dan Eggen and Tomoeh Murakami Tse
Washington Post Staff Writer
Wednesday, February 24, 2010
Commercial banks and high-flying investment firms have shifted their political contributions toward Republicans in recent months amid harsh rhetoric from Democrats about fat bank profits, generous bonuses and stingy lending policies on Wall Street.
The wealthy securities and investment industry, for example, went from giving 2 to 1 to Democrats at the start of 2009 to providing almost half of its donations to Republicans by the end of the year, according to new data compiled for The Washington Post by the Center for Responsive Politics.
Commercial banks and their employees also returned to their traditional tilt in favor of the GOP after a brief dalliance with Democrats, giving nearly twice as much to Republicans during the last three months of 2009, the data show. At the same time, total political donations by the major banks and investment houses alike dropped in the waning months of that year.
The nascent shift came even before the White House announced proposals for a new tax on banks and a curb on some of their riskiest trading activitie
Now that’s gratitude for you. Trillions in bailouts from Obama and these folks don’t even know how to say thank you!
More at this link
“White House to Main Street” Town Hall: Elyria, OH
copyright © 2010 Betsy L. Angert. BeThink.org
A recent change of the guard in the Massachusetts Senate race force the President to reveal he is working. We, the American people, are waiting, just as we have been for months and months. For a full year, countless citizens have felt as though they were patient. Yet, the President did not seem to have their interests at heart. True change has not come. Countless constituents anticipate none is forthcoming. Three hundred and sixty five plus have gone by and the American people are tired of being patient. Continue reading
Posted in Obama and Company
Tagged afghanistan, bailouts, Bankers, Barack Obama, Change, climate change, Democrats, Elections, Health care reform, hope, Independent Voters, iraq, Massachusetts Senate Race, Partisan Politics, POTUS, President Obama, Renewable Energy, Republicans, Scott Brown, Unemployment
Lieberman: I Won’t Vote for a Health Care Reform Bill with Medicare Buy-In, Public Option
By Betsy L. Angert
On the eve of what was thought to be, perhaps, a sign of progress in the six-decade long health care reform debate, joblessness mounts. Depression increases. The intensity of illness is on the rise. Few if any can afford to visit a doctor. People are unemployed, under-employed, and if an individual has an income, hours are reduced. There is barely enough to pay the most basic bills, let alone insurance premiums. Yet, staffers have been asked, no told, by business owners, workers must pay a larger portion of their health care coverage. Bosses bellow in unison; with profits down, certainly the corporations cannot continue to offer perks. Medical indemnities are a privilege, not a guarantee. If you feel ill, if you are injured, take two pills and call no one in the morning.
Do not dare telephone the Democrats. They have made their peace with the health care crisis. Republicans will not respond to the cries of a public, and Independents are, as you know independent! The decree; health care reform was dead on arrival. Continue reading
Posted in Healthcare
Tagged congress, Democrats, Health Care, Health care reform, Independents, Joe Lieberman, Medical Insurance, Medicare Buy-Ins, medicare for all, public option, Republicans, Single Payer Not For Profit