Archive for the 'Dollar' Category
From The Nation:
Myth 1. It’s a dangerous world. We face an array of serious national security threats that require an experienced Commander in Chief.
Myth 2. The surge has worked. To withdraw from Iraq now would snatch defeat from the jaws of victory and embolden Islamic extremists.
Myth 3. We cannot allow Afghanistan to become a safe […]
The solution being proposed by the Bush administration is the most expensive bailout in the nation’s history, sharply curtailing the ability of the next president to push for tax cuts or new spending.
Read more.
We will GLADLY post John McCain’s plan if anyone comes across it. Here is Obama’s plan, from his website:
Bring about real change to our economy
$1,000 Tax Cut for Middle Class American Families
Obama and Biden will cut income taxes by $1,000 for working families, because the economy needs to be revitalized from the bottom up, not […]
Joseph E. Stiglitz, professor at Columbia University, was awarded the Nobel Prize in Economics in 2001 for his work on the economics of information and was on the climate change panel that shared the Nobel Peace Prize in 2008. Stiglitz, a supporter of Barack Obama, was a member and later chairman of the Council of […]
Strike 1: “I don’t really understand economics” - source:
Republican presidential frontrunner John McCain has raised eyebrows by confessing that he ‘doesn’t really understand economics’.
At a recent meeting with the Wall Street Journal editorial board, the presidential hopeful said he would rely on his adviser and former Senate colleague Phil Gramm as an expert on […]
Iraq’s Saddam Hussein had threatened to drop using the US for oil transactions as early as in 2000 and as late as 2003. Before he knew it, American forces invaded, eventually killing him. A couple of random posts here and here.
Today Iran did just that:
Iran, OPEC’s second-largest producer, has stopped conducting oil transactions in U.S. […]
What’s interesting is that the Democrats and Republicans are running over very different stances about GWB’s legacy. Democrats say it was a disaster (it was); Republicans pretend to see it as America’s golden era, or do they believe it?
Who cares. Outsiders see it as a disaster:
Historians will argue over whether George W. Bush is the worst […]
The US is doomed, if you want any indication, consider the following:
In its monthly review of the government’s finances, the Treasury Department said Tuesday that the budget was in surplus in January, but the deficit totals $87.7 billion so far this budget year, double the $42.2 billion imbalance recorded during the same period in 2007. […]