Tag Archive for economic crisis

My, How Times Have Changed

This post is heavily lifted from here. There’s a site called The Smirking Chimp recommended by digby (who is, IMHO, totally cool). Check them both from time to time.  The Smirking Chimp has a post about the economic effects of the Reagan Revolution. Following is the gist of their post. It’s handy to have all this information…

Obama Weekly Address: Financial Reform to Protect Consumers

From the White House Blog: The President explains his plan to address one of the major causes of the current economic crisis — the breakdown of oversight leading to widespread abuses in the financial world.  The new Consumer Financial Protection Agency will have the sole job of looking out for the financial interests of ordinary…

Krugman’s NY Times column: Point the Finger at Ronald Reagan

Since our local paper can’t and won’t run a center-left columnist, I’m happy to provide this link to today’s column by Nobel Prize winning economist Paul Krugman, a Princeton professor, who suggests that the Garn-St. German Depository Institutions Act, signed by Ronald Reagan has a lot to do with the root causes of today’s economic…

But Baby, Obama Wants Me to Drive a Fiat X1/9

Of all the cars that I’ve owned, my favorite was a yellow and black 1975 Fiat X1/9. Designed by Nuccio Bertone, the X1/9 was a two-seater, hardtop convertible with a mid 1489 cc. engine and a five-speed transmission. It was beautifully styled and it handled like a dream. It was tremendous fun driving this sleek…

End California’s Hostage Crisis

On this morning’s radio talk shows, following the early morning passage of California’s budget, Democratic legislators have finally taken up the political fight against the Republicans and are urging revision of the state’s dysfunctional budget process. This is a budget the GOP can be proud of, because it’s a profoundly conservative budget. Because they hold a conservative veto over it. And they get the best of both worlds – they don’t have to vote for the budget en masse so they don’t have to own it. In short, the hijacking worked. This is the most important issue facing California – and it’s time for a change.

Let California Fail

Since the proposed budget is bad (too many cuts in the wrong places), why should Democrats support it? Why isn’t the state Democratic Party telling the voters that this disaster has been caused by the Republicans? Why are the Democrats not seizing the ideological moment by calling this budget disaster a Republican disaster? We ought to insist now on a budget that is fair — and if that fails, we ought to go to the voters and tell them that the Republicans have caused their state government to fail.
Only then will we have the chance to get real change in California.

As Economy Crashes, We’re Killing Our Pets

As Americans are being forced to choose between buying food for their children or keeping their pets, or between paying for pet food or for their utilities bills, the economic crisis means death for thousands — perhaps millions — of abandoned dogs and cats.