Well known and deeply respected investor Warren Buffett --- along with some of the biggest names in business --- declared in the last few weeks that the country and world will not fall into another recession. "I am a huge bull on this country. We are not going to have a double-dip recession at all," said Buffett, chairman of Omaha, Nebraska based Berkshire Hathaway Inc. "I see our businesses ...
GOtP's SMALL BUSINESS DEFINITION = A JOKE! Republicans and Tea Partiers (same thing --- the GOtP) tell us that the top 2% of income earners will lead the way in job growth because it includes many small businesses --- therefore job growth will be boosted by making W.'s tax cuts for the wealthy permanent. They also tell us that 50% of small business profits go to people in the top 2% of small b ...
***JOBS FOR NEW GRADS: A bit of good news for the 2011 college graduates is brought to light in The National Association of Colleges and Employers Report --- job prospects are looking up! The biggest jumps are in the Midwest and West where projections are that employers will be hiring 13.5% more new grads than in 2010. NRA LIES --- AGAIN: The National Riffle Association is claiming credit fo ...
THE RIGHT IS NOT SERIOUS ABOUT DEFICITS After the GOP turned Clinton’s record surplus into record deficits, they have yet to present a serious solution to rein in our country’s deficits. They are only offering the same old trickle-down voo-doo policies that created our mess in the first place. NO NEW IDEAS. The tax “plan” that Minority Leader, Senator Mitch McConnell is proposing calls for ...
CHECK-IT-OUT: This article in Time Magazine is eye-popping! We had no idea that the Recovery Act (aka The Stimulus) had a major and strategic plan behind it to transform the economy, not just boost it. All we hear from the Right is that it was wasteful spending that only added to the deficit. You know: the deficit that OBAMA and the DEMS created --- that one. According to the author of th ...
***REUTERS REPORTS OPTIMISM THAT THE ECONOMIC RECOVERY, WHILE SLOW, IS PROCEEDING: The latest data showed that US retail sales rose in August with the biggest gains in the last five months. Best Buy Co Inc. had a bigger quarterly profit than was expected, and they raised their outlook for the future. There were stronger-than-expected jobs and trade data that also helped lift optimism about the ...
DON'T BOTHER US WITH THE FACTS, WE JUST LOVE OUR ANGER! Is it purely American, or just human, to rant and rave about non-existent issues? A segment of our population is just so furious that there's a man in the White House that is not even a citizen --- clearly illegal and unconstitutional! And when presented with the FACTS, these people will look away. They just love their rage, and damn- ...
WHY WE'RE PROGRESSIVES A friend recently shared an e-mail exchange he had with members of his extended family --- about the appropriate role of government in our lives. It began with his attempt to derail the spread of another one of those viral e-mails that disseminates misinformation. We were impressed with the quality and thoughtfulness of the conversation, and wanted to share with our rea ...
We first saw this fascinating graphic on The Rachael Maddow Show. She held it up and said, "Democratic candidates no longer have to run on offering themselves as a choice between themselves and their opponent. All they have to do now is hold up this graph and tell the voters that they have a choice between Democratic results and Republican results." The graph was prepared by Catherine Mulbran ...
***COLIN POWELL SAYS NEW YORK MOSQUE SHOULD GO FORWARD: Former Secretary of State in the George W. administration, Gen. Colin Powell, says he strongly supports a community center two blocks from Ground Zero in New York City. “If you believe in our system…then you can’t make a distinction between two, three, five, and ten blocks” away from the site of the September 11, 2001 attacks. On ABC’s The ...