Spending

How Loyal is the Loyal Opposition?

Originally posted 2009-03-19 12:57:22 -0500. Bumped by carol

BENEATH THE SPIN ERIC L. WATTREE

From this point on I pledge to stop using the terms "conservative" and "Republican" interchangeably. I'm beginning to realize there's a big difference between the two. Conservatives are loyal and well-meaning Americans of good faith who just happen not to share my opinion of what's in the best interest of America. On the other hand, it has become clear that the Republican Party has crossed the line between the loyal opposition, and subversion.

Am I indulging in radical hyperbole? I don't think so. The American Heritage Dictionary defines subversive as "Intended or serving to subvert, especially intended to overthrow or undermine an established government" (emphasis added).

Consumers Can Fix the Economy

Originally published 2009-01-07 09:33:07 -1000 - promoted by roxy

When I was young talk about millions of dollars impressed me. When I was older talk about billions of dollars dismayed me. Now, regular talk about trillions of dollars, especially government spending, nauseates me.

People never seem to learn that they control the fate of the American economy. It is far too easy to blame in bad times or thank in good times Wall Street, the government, or super-rich and powerful financial entities. In actual fact it is always the spending of money by the general population on consumer products and services, housing, cars, or investments that drives the economy.

What's Coming Next, or Is Collapse Over, Nope!

I'm not an economist and the only real numbers I crunch are my personal expenses and when bidding construction jobs putting together those costs and percentages which in these latter years of my life, preferring more to do the work, I have done very little of, except while doing the work to bring a better quality for hopefully a bit cheaper cost in material and professional skill.

Watching what is now taking place in banking and the dream new capitalist economy that's been sold for a number of years isn't really a big surprise to this common man, many were forecasting exactly what would happen if we followed the sales pitch.

Following is a report from CBS that hits on the next shoe to drop or dropping already as we've seen with the collapse of a number of finance institutions but not yet talked about but part of what we the tax payers are already bailing out.