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…
Tag Archive for economic crisis
Obama Weekly Address: Financial Reform to Protect Consumers
by Chris Prevatt • • Comments Off
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…
Krugman’s NY Times column: Point the Finger at Ronald Reagan
by Dan Chmielewski • • Comments Off
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…
But Baby, Obama Wants Me to Drive a Fiat X1/9
by Michael D. Fox • • 1 Comment
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…
End California’s Hostage Crisis
by Michael D. Fox • • Comments Off
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
by Michael D. Fox • • 11 Comments
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
by Michael D. Fox • • Comments Off
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.
