Archive for the 'The Nation' Category

Oct 24 2008

Mortgage Meltdown Not Limited To Banks and Speculators

Published by chowsquid under Money, The Nation

Anyone that things the mortgage meltdown is only between the evil bankers and the evil home speculators should read this article.
"There, more than 1,000 homes stand vacant and decaying in a neighborhood that once thrived with families living the American dream of home ownership."
Cleveland city leaders have been dealing with the subprime mortgage fallout [...]

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Oct 18 2008

Defense Is The Best Offense - Just Block the Vote

Published by chowsquid under The Nation

From the Rolling Stone article:
Suppressing the vote has long been a cornerstone of the GOP’s electoral strategy. Shortly before the election of Ronald Reagan in 1980, Paul Weyrich — a principal architect of today’s Republican Party — scolded evangelicals who believed in democracy. “Many of our Christians have what I call the ‘goo goo’ syndrome [...]

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Oct 07 2008

Breaking: Health Care Not A Right - McCain

Published by chowsquid under The Nation, healthcare

Senator John McCain just said Heath Care is a responsibility during the second presidential debate held tonight. Barack Obama believes it should be a right.
Today starts the countdown of when John McCain will drop his free health care plan provided by the government and become responsible and shop for his own individual health care.

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Oct 01 2008

Palin Sets The Record Straight

Published by chowsquid under The Nation

Needless to say, she keeps in touch and Alaska is a microcosm of America.
Transcript

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Sep 30 2008

Pelosi’s Speech Before The $700B Bailout Vote

Published by chowsquid under The Nation

Did Nancy spoil the party?
Within one minute into the speech, Nancy condemns the Bush administration on destroying the Clinton surplus. Then she nominated herself the narrator and went on summarizing the whole story by recounting the last two weeks. Did this move 60% of the republican votes? Probably not. Was this speech necessary? No. Everyone [...]

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Sep 29 2008

Bailout plan rejected - Sep. 29, 2008

Published by chowsquid under The Nation

This is a sad day for America. The House of Representatives have failed to pull together and vote for the bailout. On a 205(y) - 228(n) vote that will go down in history as possibly the star t of the Second Great Depression, 60% of Democrats voted in favor of the bailout while 30% of [...]

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Sep 24 2008

Cramer Mad About Bailout Myths

Published by chowsquid under Money, The Nation, cramer

Cramer lost it again. He’s finally went nuclear or nucular. Last night on his Mad Money show, former Goldman Sachs employee Jim Cramer went ballistic about the bailout myths that’s stifling America’s prospects of a foreclosure recover. Without this bailout plan passed “yesterday”, Jim Cramer painted pictures of the 1929, the American Great Depression.
Cramer really [...]

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Sep 16 2008

Another Day, Another Toy Recall

Published by chowsquid under The Nation, incredible

Another recall just unfolded as a cheap soccer net from Walmart becomes a dangerous game of death. The foldable soccer goal from Regent Sports Corp. is being recalled due to faulty netting. One toddler has already died after having his head caught in the nylon net. The key reason why? the 5-inch grid of the [...]

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Jul 22 2008

The Diane Rehm Show - The Banking Industry

Published by chowsquid under Money, The Nation

Guests for the show:
Bert Ely, consultant, financial services industry
Kathleen Day, Center for Responsible Lending
James Leach, director, The Institute Of Politics At Harvard University’s John F. Kennedy School Of Government; Former U.S. Congressman from Iowa (1977-2007)
Robert Hartheimer, special advisor, Promontory Financial Group, former director of the Division of Resolutions at the FDIC 1991-1995
 
Quotes from the show:
“In [...]

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Jun 20 2008

Summer Solstice Is Here

Published by chowsquid under The Nation

Or is it? Australia is a little chilly.
According to Agcononline “Summer in North America officially starts today at 4:59PM. But all week, Arizonans have already experienced extreme heat ranging from 110°F - 113°F. People are being advised to stay indoors between 10:00AM - 8:00PM.”

I guess it all depends on where you are standing.

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