Senator Sore Loser Was An Accomplice to Wall Street’s Crimes
Posted by AzBlueMeanie: Advertisement In an unbelievable display of amazing chutzpah, "Senator Sore Loser," John McCain and Senator Byron Dorgan (D-ND) (not my problem) wrote an opinion for the Washington Post which was republished in the Arizona Daily Star today. We must investigate causes of financial crisis Senator Sore Loser bemoans the TARP bailout to … Read more
5 biggest banks face huge loss risk
Posted by AzBlueMeanie: Greg Gordon and Kevin G. Hall report for McClatchy Newspapers Regulatory reports show 5 biggest banks face huge loss risk: WASHINGTON — Five of America's largest banks, several of which already have received $145 billion in taxpayer bailout dollars, still face potentially catastrophic losses from exotic investments if economic conditions substantially worsen, … Read more
Jon Stewart Eviscerates CNBC – Part 2
Posted by AzBlueMeanie: CNBC prima donna Jim Cramer took exception to The Daily Show putting the red-ass on CNBC last week. Of course, Cramer made it all about him. So Jon Stewart responded as only Stewart can do. On successive nights this week, Jon Stewart has done a segment on Jim Cramer and his faux … Read more
Wanker bankers corrupted and broke our economic system
Posted by AzBlueMeanie: Keith Olbermann delivers an excellent summary of how Wall Street bankers corrupted the financial regulatory scheme put in place by FDR after the last time Wall Street bankers destroyed our economic system with their unbridled greed. With the help of Republicans and Democrats alike in the White House and Congress, these wanker … Read more
Bushvilles: The New Hoovervilles
Posted by AzBlueMeanie: Shantytowns formed in cities across the United States in the 1930s, built by people made homeless by the Great Depression. The areas, like this one in Seattle, were nicknamed Hoovervilles because their inhabitants blamed President Herbert Hoover for their plight. On Monday, our millionaire newscasters suddenly discovered the plight of the "newly … Read more
If only they’d get their cost per pupil numbers straight
by David Safier Let me repeat for the umpteenth time, I don't have the background to argue the question of how much Arizona spends per pupil. Ed Week cites a figure around $6,500, which is accepted in most circles. The Goldwater Institute figure, being picked up by Republican legislators, is around $9,700. I'll leave the … Read more
The awful good Stimulus Package
by David Safier Last night, I went to an uneventful town hall with Al Melvin. Pretty boilerplate stuff. No real surprises. But one piece of boilerplate stuck with me. Melvin talked about the billions that will be floating Arizona's way courtesy of Obama's Stimulus Package. He seemed pretty pleased about it. There aren't too many … Read more
