In his memoir, Hello Darlin’, Mr. Hagman said, “Ronald Reagan was campaigning against Jimmy Carter, American hostages were being held in Iran, Polish shipyard workers were on strike, and all anyone wanted to know was, who shot J.R.?” [Dallas News] NO ONE represented the good old excess of the 1980s better than “J.R. Ewing” in [...]
Tag Archives | Wall Street
Top Story — Obama’s 2011 Grand Bargain Detailed in Documents Obtained by Bob Woodward
“He is, in his gut, a fiscal conservative. There is a Blue Dog Streak in him.” – David Plouffe in The Price of Politics, by Bob Woodward IF YOU haven’t read Bob Woodward’s latest book, The Price of Politics, you may not appreciate the documents below fully. We’re about to see Obama’s “excessive pragmatism,” as [...]
Ronald Reagan: “Social Security has Nothing to do with the Deficit” [Video]
FOR ALL those people who worship at the feet of Ronald Reagan. As grand bargain fever whips up, keeping Social Security out of the mix should be a priority, something Senator Bernie Sanders and others have been preaching for a long time. The numbers are on the side of Democrats and progressives. From Democracy Corp: [...]
Top Story: Obama’s Winnings and the Unreasonable Liberal
“If you want to pull the party, the major party that is closest to the way you’re thinking to what you’re thinking, you must, you must show them that you’re capable of not voting for them. If you don’t show them you’re capable of not voting for them they don’t have to listen to you, [...]
Obama’s Grand Bargain is Not a “Betrayal,” It’s What He Believes In
“It is safe to say many groups are very concerned that a grand bargain will be foisted on the Congress that goes against what Democratic candidates promised on the campaign trail,” said Roger Hickey, co-director of the Campaign for America’s Future. “And it is clear the president is considering making the grand bargain that he [...]
Sandy Closes Down Wall Street
WHEN EXTREME weather lands, money is forced to listen. The U.S. securities industry canceled all equity trading today and recommended bond markets shut early, moving to protect workers as Hurricane Sandy barreled toward New York City with 85-mile-per-hour winds and the threat of an 10-foot sea surge. The stock-market shutdown, announced by the Securities and [...]
Debates Over, Republican Noise Tries to Drown Out Reality [Videos]
THE RACE is tied. Ohio still looking like the Democratic firewall, thanks to Mitt Romney, a state he has to win, but Obama needs, too. The notion that Sen. Harry Reid would let Nevada slip to Romney is laughable, when you think of scenarios to 270. So now that the debates are over, perhaps people [...]
News Desk: Wall Street 1-Percenter Lloyd Blankfein Joins Bowles and Simpson
Visit NBCNews.com for breaking news, world news, and news about the economy LOOK OUT! The “all star trifecta” is what they’re being called. It’s the big guns coming for your safety net. Tell me one good reason I should now start trusting the nonsense Erskine Bowles and Alan Simpson are trying to hoist on the [...]
CBPP: Bush Policies Driving Large Deficits and Economic Problems
The deficit for fiscal year 2009 — which began more than three months before President Obama’s inauguration — was $1.4 trillion and, at 10 percent of Gross Domestic Product (GDP), the largest deficit relative to the economy since the end of World War II. – Center on Budget and Policy Priorities IT NEVER was Barack [...]
Romney Calls Obama a Liar in New Ad, Gibbs Fires Back [Updated]
“President Obama continues to distort Mitt Romney’s economic plan. The latest? Not telling the truth about Mitt Romney’s tax plan. [The Hill] IT’S USING WEASEL words like “not telling the truth,” because that’s the polite way of saying it in political ads. But Team Romney is saying Obama’s lying when he talks about a $5 [...]
9/11 Legacy: No More Privacy
“Anyone who trades liberty for security deserves neither liberty nor security.” – Benjamin Franklin EISENHOWER WARNED us and now as a reaction and an excuse born out of the attacks on September 11, both Democratic and Republican parties have vanquished individual freedom on the altar of protection. From Salon.com, an article that first appeared on [...]
What Remains After the Balloons are Gone
AT LEAST THE Democrats know how to put on a show, which is more than you can say for the Republicans. Tonight will include Scarlett Johansson and Kerry Washington, as well as Natalie Portman and Eva Longoria. Meanwhile, below the stagecraft remains the same elite political system that is strangling fairness and access for all. [...]
Jonah Goldberg on Elizabeth Warren: “What a charming squaw!”
“I sure never dreamed I’d be the warm-up act for President Bill Clinton.” – Elizabeth Warren THE PROGRESSIVES progressive has a different style. She’s earnest and grounded in purpose. No high-falutin rhetorical arcs for Warren, she speaks softly and carries a big cause that the people hear, because they’re living it. It’s been a long [...]
Ann Romney and Gov. Chris Christie Take Center Stage Tonight
POLAR OPPOSITES in temperament and purpose, Mrs. Romney and Gov. Christie begin the case for Mitt Romney. Ann Romney will deliver the heart. Chris Christie will bring the muscle. Mrs. Romney’s role so far hasn’t quite worked out as expected. She’s gotten caught up in defending her husband on issues that aren’t her purview, with [...]
Reward Offered for Text of Obama’s Pacific Free Trade Agreement
At this point, it’s not really possible to discuss the merits of the TPP since the governments are keeping the proposed text a secret from the public. Only the negotiators themselves and a select group of corporate partners have access to the actual document. The top executives at General Electric, Goldman Sachs, and Pfizer probably [...]
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