At around noon on Sunday, the world stopped turning for me. I was listening to the Senate debate on CSPAN on my phone and what I heard made me stop everything and just listen. I’ve watched the video twice since then and listened twice without the visual. I recommend you listen without the visual first, [...]
by @tregan on November 4, 2009 · 2 comments
in #tcot, Congress, Democratic Party, Economy, GOP, Gay Rights, General, Gun Control, Politics, Religion, Sarah Palin, Taxes, The President
Looking at the results of last night’s off-off year elections is a bit like looking at a Jackson Pollack painting. You see in it what you want.
Did the GOP win? Well, yes and no.
They won big in Virginia and in a squeaker in New Jersey, but lost a seat in upstate New York they [...]
Our current recession was the result of a credit crisis. Unregulated derivatives, e.g. collateralized debt obligations (CDOs) and credit default swaps (CDSs), collapsed which in turn caused financial institutions to distrust each other. When the velocity of money started hovering close to zero the real economy collapsed since even good businesses could not get credit.
One [...]
Americans have always loved freedom fighters. After all, it’s in our DNA — our story of the land of the free bought with the spilled blood of our forefathers who rebelled against oppression to create the most powerful nation in the world is a heady and exhilarating ideal. It’s hardly a surprise that so many [...]
In response to Point: Americans Like Obama AND His Policies
There has been a topic being bounced around on BipartReport.com lately–mainly between @rblinne and myself. We both recognize that President is quite popular, but where @rblinne believes that Americans love what Obama is doing, I think President Obama is popular based on his persona, not [...]
I worked hard for Barack Obama last year largely because I believed he was sincere about fixing our very broken health care system. When the economy started going south and so many other problems arose shortly after his election, I started to wonder if healthcare reform would be pushed down on his to-do list.
I shouldn’t [...]
Unfortunately, President Obama has been an absolute disaster on economic policy–largely because he is playing politics. The “torture memos” that have been discussed so extensively are just one example. President Obama has the capacity to take care of this entire issue expediently, but has not. He could force the issue, and establish [...]
I get frustrated that some are claiming that we are stabilizing the economy with “stimulus.” This resurgence in Keynesian thinking completely ignores what happened in the 1970s. Keynesian economic models have no cure for inflation, and inflation is where we are headed. Money is being printed so fast that my head is [...]
There are times, lately, I will stop whatever I’m doing for a moment – walking, reading, shopping – and think to myself, “thank God, Obama’s President.”
I’m not a religious man, and I’m certainly not given to random exclamations of spiritual thanks. And I may be a registered Democrat but I never felt similarly about, say [...]
President Obama’s first 100 days have been some of the most eventful in modern history. He has turned the clock back forty years on fiscal thinking. He has managed to take ownership stakes in multiple companies, and is poised to increase this stake. He has wasted money faster than any president in [...]