Average Americans Still Have Not Recovered From Crash

By: Friday May 31, 2013 5:59 am

According to a new study by the Federal Reserve, American households have regained less than half of the wealth lost during the recession. While the wealthiest have actually gained since the crash the 99% are still not nearly whole. From the peak of the boom to the bottom of the bust, households watched a total [...]

Despite Sequester F-35 Fighter Boondoggle Remains Funded

By: Friday March 29, 2013 6:26 am

Washington has a spending problem – it keeps spending money on the F-35. A weapon that not only doesn’t work but isn’t needed. In a time of austerity for social programs with President Obama offering cuts to Social Security and Medicare the government continues to shovel money into this black hole of a weapons project. [...]

Speaker Boehner Admits ‘We Do Not Have An Immediate Debt Crisis’

By: Monday March 18, 2013 5:59 am

Speaker John Boehner might want to take a word of advice from Speaker John Boehner because according to him there is no immediate crisis. In an interview with ABC News Speaker Boehner admitted that, contrary to much of his and his party’s rhetoric, there actually is not a debt crisis. Martha Raddatz: Is [President Obama] [...]

Study: Iraq War Cost More Than $2 Trillion, Killed At Least 134,000 Civilians

By: Friday March 15, 2013 5:00 am

The bill for one of America’s dumbest wars has come due and it’s a dousy. A report by the “Costs of War” project at Brown University’s Watson Institute for International Studies claims the U.S spent over $2.2 trillion on the Iraq War with at least 1340,000 Iraqi civilians being killed. Among the group’s main findings: [...]

Paul Ryan Offers Austerity Budget, Claims His Critics Are Trying To Destroy Medicare

By: Tuesday March 12, 2013 5:36 am

House Budget Committee Chairman Paul Ryan wrote an Op-Ed for the Wall Street Journal extolling the virtues of austerity while claiming anyone who disagreed with his plan to destroy Medicare was, ironically, going to destroy Medicare. While blaming Senate Democrats for the Sequester because they did not pass a budget Rep. Ryan offered a Greece [...]

Plutocrats Misdirecting Social Security And Medicare Debate With Ageism

By: Wednesday March 6, 2013 7:13 am

You may have noticed an interesting frame the plutocrats and their spokespeople are using in the debate over reducing social security and medicare benefits – pitting the young against the old.  The campaign is relentless, smearing the elderly as parasitic and stealing from the young. For example take National Review Editor Jonah Goldberg’s recent USA [...]

FBI Makes Odd Sequester Claim Regarding Wall Street Crime

By: Tuesday March 5, 2013 9:16 am

In a letter to lawmakers, the Federal Bureau of Investigation claims that the across the board cuts in the sequester will damage their ability to pursue financial crimes. Sequestration will cause current financial crimes investigations to slow as workload is spread among a reduced workforce. In some instances, such delays could affect the timely interviews [...]

As Austerity Begins Wealth Inequality Shines Through As Poor Are Targeted

By: Monday March 4, 2013 7:29 am

Last Friday President Obama signed the sequester order officially launching America’s latest austerity program. Austerity has yet to produce jobs or growth in any country it has been tried in. In fact, austerity is becoming one of the few certainties within economic policy making – the certainty of losing growth if the policy is adopted. [...]

Chuck Hagel Confirmed

By: Wednesday February 27, 2013 5:35 am

After a long, bitter, and at times surreal confirmation process fmr. Senator Chuck Hagel has been confirmed as Secretary of Defense. The vote was 58-41 with only four Republicans voting in favor of the nomination despite Hagel previously being a member of the Senate Republican Caucus. Hagel was attacked continually by the right-wing of the [...]

Plan B Morphs Into a Conservative Wish List

By: Thursday December 20, 2012 10:45 am

House Republicans will wait until tonight to pass “Plan B,” and while I think ultimately it will pass, the reason they’re waiting so long is that they have to figure out what to put into it to get conservative votes. Erick Son of Erick has a whip list of 34 no votes and 12 leaners, [...]

Obama Proud of His Fiscal Slope Offer, For Some Reason

By: Wednesday December 19, 2012 10:50 am

For some reason, liberals are agonized by the fact that a Presidential press conference about gun safety legislation devolved into questions about the fiscal slope. As if this has never happened before, or that reporters are Constitutionally obligated to stay on topic. Or that the fisal policy of the world’s largest economy shouldn’t stay in [...]

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