Key Players in “Scandal” Raked in Billions of Your Money

James Lieber, a lawyer who writes for The Village Voice, investigated the reasons for the global financial collapse, and identified a man named Joseph Cassano, head of AIG Financial Products in London, as the key player in “the worst financial scandal in history.” That made me curious. For example, I wondered what had happened to […]
Continue reading…

 

Pundits Fiddle with Blagojevich Scandal While Economy Burns

While the U.S. economy slips into an abyss from which it might never recover, the nation’s television screens are full of the trials and tribulations of a political hack. And in Washington, it’s party politics as usual. What will it take to make the media recognize the gravity of the situation? When will politicians in […]
Continue reading…

 

U.S. Will Remember that Republicans Opposed Economic Recovery

The people in the photo (appropriately at right) are Republicans. You might want to save the picture as it could become a historical relic. The reason? This could be the last crop of Republicans seen in the United States Congress. In future years, I expect to see Democrats and possibly a few Libertarians or members […]
Continue reading…

 

It Was the “Free Market” That Caused the Housing Crisis

By now, most thinking people must have recognized that the “free market” revered by conservatives is just a fancy term for chaos and eventual financial disaster. If you applied that concept to your own family, everyone, kids included, would just shop, shop, shop until you had no money or credit left, and then starve, starve, […]
Continue reading…

 

U.S. Must Stop Killing Civilians in Afghanistan and Pakistan

The U.S. “war on terror” is being conducted in the most wrong-headed way imaginable. It should be called “a war of revenge against people suspected of sympathizing with terrorists.” And that kind of war can produce only one result – more people who sympathize with terrorists and even some who become terrorists. President Obama must […]
Continue reading…

 

Bipartisan Politics Could Be a Big Letdown for Obama Supporters

I hope President Obama doesn’t plan to take his bipartisan shtick too far. As he said in a meeting with the Republican cry-babies yesterday, he won the election. More important, Mr. President, we your supporters, won the election. With respect, that means we should get what we voted for. And we did not vote for […]
Continue reading…

 

Puzzling Politics in New York – But What Else Would You Expect?

New York Governor David Paterson has reportedly chosen Kirsten Gillibrand (photo at right) to fill Hillary Clinton’s vacant Senate seat. And you are probably asking, “Who in tarnation is Kirsten Gillibrand?” Well, she is an obscure Congresswoman from upstate New York, where (if my memory is accurate) they have things like county fairs and tractor […]
Continue reading…