Much like Chicken Little...the financial overhead of Wall Street has fallen. The Wall Street house built with heavy bricks and glass ceilings are breaking apart and falling down hill on Main Streeters like us. Add to the mess is our governments inability to correct it (or for that matter of fact to even correctly speak to the issue!). Perhaps Paul Krugman isn't too far off the mark when he says...
"So what we now have is non-functional government in the face of a major crisis, because Congress includes a quorum of crazies and nobody trusts the White House an inch. As a friend said last night, we’ve become a banana republic with nukes."
It's really past time we all buck up (including millionaires/billionaires). The cost of the greed ride has come due and there should be no free buyouts. The days of band aid fixes and quick backroom deals are done...*note to congress...do it...but do it right. This is an historic moment with no retakes...
BTW- Instead of calling it what it is...a hugh taxpayer bailout...the spin doctors are now referring to it as 'an emergency rescue'...lol...yeah..that will make it go down better.
I guess it hard to defend their last two terms of supporting Governor Pawlenty's administration that slashed funding to education, health care, transportation and the infrastructure. Not much to be said when you have one of these 'do nothing records' that supported in lock-step the bankrupted GOP philosophy of not taxing the wealthly two percenters.
Wardlow is particularly a republican puppet...even down to being told what to vote. While he seems like (and I hear is) a nice guy, his record is one of total GOP support like not supporting new funding for education, to voting against most environmental issues.
Being a school teacher and coach in the past, many vote for him because of previous interactions with him during school. However, times have changed including Wardlow's lost of endorsement from even Education Minnesota to his challenger DFL candidate Mike Obermueller.
So all in all, being a 'no show' is probably a face saving move by Wardlow and the other southern suburbs republicans. It's easier than explaining their dismal records of not supporting those that elected them to office.
"We do not support government bailouts of private institutions. Government interference in the markets exacerbates problems in the marketplace and causes the free market to take longer to correct itself. We believe in the free market as the best tool to sustained prosperity and opportunity for all."
New Shade of Lipstick
I hear there's to be a debate....about if there should be a debate...about the lack of a debate...well, you know..
I really don't believe for one second the rumours about McCain pushing fellow rethugs to smash the current deal and walk out so that McCain has a weak tea excuse to pass on the debates! Surprise! No not really. The walk out (political theater) was brought to us by the same group that went to war without a sound reason or being prepared. They pursue their ideological agenda regardless of who gets hurt in the process...even at risk to all Americans. Whew, now that I got that off my mind...I really must change this shade of lipstick!
It's the Lipstick Stupid!
Sarah Palin, trying to explain to Katie Couric why giving Wall Street investment companies a 700 billion dollar government handout is a better idea than giving that money to middle class Americans...which I hear that each American (man, women and child) would get about $2,500 if the $700,000 was divided up among us!)
Love this take from F. G. Fitzer : "I was going to try to explain how the bailout plan is completely unrelated to health care reform, and isn’t a spending cut, and all that, but then I noticed that Sarah Palin has cute little glasses and a signature hair style, and the hypno-rays emitted by Palin’s breath of “fresh air” put me in a numb trance once more"
That Could Buy A lot Of Lipstick!
Minnesota's Second District Congressman John Kline has take $780,000 from Wall Street. Wonder where he stands on this crisis...(probably up to his lipstick in it!)
Representative John Kline (MN-R) has consistanly supported Bush's plane for the privatization of Medicare. Can you imagine what that would have done to our seniors in the current financial crisis?
Kline's record shows a history of looking out for wall street interests while ignoring ours. Had enough yet? Call Kline (952-808-1213) and ask him if he still supports privatization of Medicare. Then ask how that would work in the economic crisis today.
Don't you just love the new 419 emails...Most of us have received at lease a dozen 419 emails over the last decade. It's the oldest and most common of internet scams. Here's a link to the secret service for more information. My advice? Don't feed them. Unfortunately, we have to hope our congress is listening to us and not the Bu$hco and his latest scam.
And while we're on the subject of Bush's 'dire' consequences...women have faced these economic consequences for a long time now. According to Sara Gould, CCC Board Member and President and CEO the Ms. Foundation. Read it here.Women still get paid only 77 cent for every dollar a man makes (hasn't changed since 2001!). And this disparity is greater among women of color.
The largest group of working poor is women. We are 68 percent of minimum wage earners. We are the most poor Americans. Women with children comprise 39 percent of the poorest in America. The povery rate for single female-headed households is higher than any other demographic group.
Give all that, any economic downturn impacts low-income women and their families the hardest, growing their ranks.
"The current instability roiling Wall Street's markets will lead to an increasingly dire economic situation for women. This is especially true for low-income women, women of color, single mothers and others who have long experienced the disproportionate impact of flawed economic policies."
The current economic downturn will impact low-income women and their families the hardest, and drive even more into poverty. 60 percent of families now comprising the bottom fifth of income - will be there ten yeas from now.
So when you hear how dire things are...remember that for the majority of women, things have been dire for a long time. And until there's help for us, don't expect any support or applauds for a 'bailout' to white male dominated businesses that made record profits on our backs. Angry? Hell Yes!
How do you support someone with a record like Norm Coleman? Well you certainly can't use his record of voting lockstep with Bush or his inability to use oversight in safeguarding our economy while using it to undermine the USA's foriegn policy. Even Coleman can't defend his voting record or why he's proud to continue the Bush Legacy into a McCain presidency (see below video).
Because of Coleman's sorry ass record, the RNC is also forced to use lies, slurs, implied emotions and innuendos to make their case against Al Franken. This just goes to show...because Norm doesn't have a record leg to stand on, he and his supporters have to wallow in the mud like all lipstick pigs...
Lobbyists for McCain made it onto the floor of the Republican National Convention on Sept. 3 and handed out "Proud McCain-Bush Republican" stickers to unsuspecting convention-goers. Some interesting responses in the video, including Sen. Norm Coleman breaking down into gibberish when asked about Bush. And while McCain was inside talking about "change" and "reform" -- McCain supporters talked about how "George" McCain will proudly continue the Bush legacy, and how this is a "stay-the-course" election.
"I know he may not be that popular right now, but we've liberated two countries -- 50 million people have been liberated from very brutal regimes -- and I think that's really important,"
The only thing Bush will be remembered for is his failed policies that have bankrupted this country both economically and morally. If by ‘liberated’ Barb meant forced countries into collapsed governments with mass food shortages, lack of clean water, inadequate health care, and no jobs, hundred of thousands dead and displaced…mission accomplished. BTW, we're knocking against that same door. Minnesota has the highest unemployment rate in over a decade, ahead of the national average, and out income is growing slower (49th overall).
I'm not a financial advisor, but asking the Feds to buy your shitpile seems to be in keeping with our country’s standards.
On the wall street (now main street) crisis and bailout of $700 billion: Damm straight I’m scared…has the revolution started? "Sec. 8. Review. Decisions by the Secretary pursuant to the authority of this Act are non-reviewable and committed to agency discretion, and may not be reviewed by any court of law or any administrative agency.”
"Today is the day they are going to throw it back to you"
Today is gonna be the day
That they're gonna throw it back to you
By now you should've somehow Realized what you gotta do
I don't believe that anybody Feels the way I do about you now
Backbeat the word was on the street That the fire in your heart is out
I'm sure you've heard it all before
But you never really had a doubt
I don't believe that anybody feels The way I do about you now
And all the roads we have to walk along are winding
And all the lights that lead us there are blinding
There are many things that I would Like to say to you I don't know how
Because maybe You're gonna be the one who saves me ?
And after all You're my wonderwall
Today was gonna be the day?
But they'll never throw it back to you
By now you should've somehow Realized what you're not to do
I don't believe that anybody Feels the way I do About you now
And all the roads that lead to you were winding
And all the lights that light the way are blinding
There are many things that I would like to say to you I don't know how
I said maybe You're gonna be the one who saves me ?
I’m taking a deep breath, I will try and control my temper, and I won’t rant endless on this but... Why are we giving money to the same folks that caused our economy to totter on the edge of crashing without demanding...no...insisting on reform? Isn’t that like offering drugs to help someone through withdrawal? And believe me, big banks and mortage and stock companies are going through withdrawal.
“If this deal succeeds, I predict it will become a transforming event in American politics--exposing the deep deformities in our democracy and launching a tidal wave of righteous anger and popular rebellion. As I have been saying for several months, this crisis has the potential to bring down one or both political parties, take your choice.”-Prominent journalist and author on the economy William Greider
This 'unconditional bailout' should start the people's revolution because I don't really see how we can continue to support a government that has proven it isn’t 'for the people'. Where did it say 'for the ruling class’s pocketbook and large corporations'? 'We the people' are losing our homes, our jobs, our healthcare, or ability to maintain a stable enviroment for our families. We're the ones in need of a bailout...not the fatcat with a golden parachute and expecting a bonus in the millions and a company with record triple digit earnings in previous filings!
Treasury Secretary Paulson’s bailout is nothing more than an all time historic swindle. It’s a free payday that doesn’t allow for reform or mandate any change in how business is done. Christopher Whalen of Institutional Risk Analytics, puts it: “[The Bailout] smells an awful lot like yet another corporatist lovefest between Washington's one-party government and the Sell Side investment banks."
People enough of this bullsh@t. The institutions and corporations and banks and billionaires that are calling for a bailout with no strings attached need a wake up call. Let me be clear, bailout, yes, but it must be a serious intervention in which Washington takes charge of, stabilizes and then promotes regulations and oversight to ensure business is not 'as usual'.
The bailout is not a quick fix only a quick scam. The economy is totally pickled. It will be for a long time. Start paying off US debts. Stop the biggest suck hole of money…the war. Promote US government fiscal responsibility. (Yes monkey see, monkey do!). Shift accountability back to where it lies…as in our failed policies, dependence on greed, lack of personal restraints, and inability for the industry to police itself.
Enough madness...grrrrr...I guess I shouldn't expect more from an administration who's answer to terrorism was to have us spend more at the mall.
As of now, McCain/Palin are up to 62 lies, untruths, exaggerations, misinformations, lipstick pigs... - counted by nonpartisan organizations such as FactCheck.org, Wall Street Journal, CNN and Associated Press. Click on the link to get an up-to-date listing.
Lipstick Watch: Notice that NPR is running with the 'what is a femminist' dialog...giving a platform to those that ain't...Great commentary regarding this at feministing.com but not for the kids...lots of colorful words...http://www.feministing.com/archives/011002.html
"We also want to make the point that just because you benefit from feminism doesn't make you a feminist. The fact that Sarah Palin is where she is today is because of all the work of feminists, that doesn't mean she's automatically a member of the club."
Hmm...The madman at Liberal Street Fighter is at it again...He's fearing whichever candidate gets elected and depending on the day, I feel the same. Quit it with the preaching, it's like using g*d to sell cigarettes...just doesn't feel right and makes me feel dirty.
“If we can cut through the nonsense and the lipstick and the pigs and the silliness, then I'm absolutely convinced that we're going to win,” -Mr. Obama
Plan to attend one of the rallies tomorrow (Friday) when McCain/Palin are in the Minnesota? Be prepared. Sounds like McCain is attempting to make it look like no-one is opposed to his policies by misuse of the police. hmmm..sounds like a page from someone else's playbook...
"Leaders of the protest, which had been arranged and publicized by local unions and the Ohio Democratic Party, said that as many as several hundred people had been expected to attend, but police were not letting them through roadblocks surrounding the area."
Locally on Friday there's two rallies...one by the Obama folks on Nicollet Mall at Noon, the other by everyday activist closer to the McCain/Palin location at 1700 105th Ave NE in Blaine (runs into Radisson Rd). Could be more but that's all I've heard of...
Need some ideas for signs...try the new Lipstick Issues...The War, The Economy, The Banking/Housing/Job Crisis, Healthcare, Bridges falling down, Poverty, MN 22 year high UNEMPLOYMENT!
Or maybe the old saying with a new twist: Read my Lipstick!: Women for Obama! Veterans for Obama! Navy Veteran for Obama! Lutherans for Obama! Communities for Obama! People for Obama!
Social Security: Don't Kiss it Goodbye! Huamn Rights: Don't Kiss them Goodbye!
Look for me at one or the other...I'll be the one with red lipstick!
Lipstick Watch: McCain said yesterday that the current banking crisis is because of greed and corruption. Stating that Wall Street has betrayed us. Which is funny when you consider his campaign has at least 177 lobbyist working for his campaign and several of McCain's top campaign aides lobbied for Fannie and Freddie.
What's that smell? Ah, it the stench of McCain selling voters out to influence-peddling corporate interests.
Watch Me Now: Couple of events coming up this Friday (19th): 1. The Obama campaign organized rally noon at Peavey Plaza on Nicollet Mall in Minneapolis. 2. Grassroot organized rally to greet McCain/Palin. 10188 Radisson Road in Blaine at 9 AM (bring signs, lipstick optional)
Saturday Night’s opener ‘Palin/Hillary’ is a must see. They say it all and then some...but look at me...I'm being distracted by a made for tv political puppet...back to the reality of soaring energy prices , today's Stock Markets Plummet as Lehman Brothers & Merrill Lynch Collapse, and now instead of the housing market crisis we're seeing our whole nation's financial system in crisis. People our house is going up in flames. Its time to call in the fire department not ask the same folks who set it on fire to put it out. I don't know if Obama can handle the whole mess, but I hope he can...and I know for sure McCain and Palin won't.
Palin likes to makes up the rules to suit herself (sound familiar?)
“Interviews show that Palin runs an administration that puts a premium on loyalty and secrecy. The governor and her top officials sometimes use personal e-mail accounts for state business; dozens of e-mail messages obtained by The New York Times show that her staff members studied whether that could allow them to circumvent subpoenas seeking public records….
Throughout her career, she has pursued vendettas, fired officials who crossed her and sometimes blurred the line between government and personal grievance, according to a review of public records and interviews with 60 Republican and Democratic legislators and local officials.” - http://www.twincities.com/news/ci_10459805?source=rss
Got back from vacation last week...wondering if I should travel more...and other things....
"We have had two big presidential decisions from both candidates - the first time we can clearly judge their decision-making skills. Obama’s was prudent, cautious, thoroughly vetted, and serious about governing. McCain’s was impulsive, rash, barely vetted and decided at the last minute by a small coterie that left everyone else gasping." - Andrew Sullivan
"I need to know if she really thinks dinosaurs were here 4000 years ago because she's gonna have the nuclear codes". - Matt Damon
"I've been so focused on state government, I haven't really focused much on the war in Iraq." –Sarah Palin in March 2007
"At what point did Obama consider choosing Biden who garnered about 70,000 votes over Hillary who garnered over 18 million votes as being a 'winning' stradegy? Just asking!" - hillary supporter,
"Welcome to the human race with its wars, disease and brutality. You with your innocence and grace, restore some pride and dignity to a world in decline. Welcome to a special place in a heart of stone that's cold and grey. " the pretenders
McCain’s campaign has been very successful in distracting voters away from any substantive issues with it's new shiny Palintology. So let’s all take a step back to remember things other than Palin’s favorite color that will make a difference in our lives and communities..
...the national debt, nuclear proliferation, mideast policy, global warming, gas prices, health care crisis, and the economy….
Ordinary people change the world. It's true. and so can you.
The goal is to save the house where Superman was created. And why not? We save all sorts of structures that represent people and their accomplishments. Superman is one of the world's most recognized heroes. And the superman legacy should be preserved.
I watched this video and thought of all the times growing up I had my comic book heros to fall back on for friendship, advice and entertainment. I was never alone and never isolated because I had my comic hero friends... Now one of them needs my help. After giving me so much over the years, how could I say no...
Our family’s economic well being was founded on my husband’s college degree. It’s true- For years we lived a feast and famine life style where our main income came from his music playing. It was fun, diverse, and very ‘m-TV-like’ but the money was never as predictable or regular as the expenses. Then in his mid 30s, living on a converted school bus with a couple of kids, my husband made the decision to start college and become an engineer.
It wasn’t easy; we struggled with covering college expenses while trying to maintain a roof and food for the family. By the time he graduated, we had a school debt of several thousand dollars. But lucky for us, the engineering field was booming. I’ll never forget his first engineering job. In one month his salary was more than we had made the whole year before!
His degree was the keystone to our family’s economic well being. In addition we became a source of taxable revenue for our community, state and federal. We spent more which improved the economic well-being of others within the community. It was a classic example of an education paying for itself.
Recently, Al Franken proposed a $5,000 college tuition tax cut. In a press release Franken said: “A college diploma is more than a dream for Minnesota families – it’s practically a requirement for middle-class prosperity.”
My family can attest both to the dream and prosperity of education. It was our ‘ticket to success’. Now go vote....and remember dreams can come true if you make the right choices.
Gloria Steinem's Op Ed really nails Palin's choice by McCain especially the part about affirmative action being about bringing more to the table not lowering the standards.
..."Palin has been honest about what she doesn't know. When asked last month about the vice presidency, she said, "I still can't answer that question until someone answers for me: What is it exactly that the VP does every day?" When asked about Iraq, she said, "I haven't really focused much on the war in Iraq."
She was elected governor largely because the incumbent was unpopular, and she's won over Alaskans mostly by using unprecedented oil wealth to give a $1,200 rebate to every resident. Now she is being praised by McCain's campaign as a tax cutter, despite the fact that Alaska has no state income or sales tax. Perhaps McCain has opposed affirmative action for so long that he doesn't know it's about inviting more people to meet standards, not lowering them. Or perhaps McCain is following the Bush administration habit, as in the Justice Department, of putting a job candidate's views on "God, guns and gays" ahead of competence. The difference is that McCain is filling a job one 72-year-old heartbeat away from the presidency," ...