The Economy

85 people on planet (you’re probably not one of them) hold more wealth than 3.5 billion of us combined

January 20, 2014
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85 people on planet (you’re probably not one of them) hold more wealth than 3.5 billion of us combined

“Trickle Down,” a.k.a Reagonomics in America – The scam created by off-the-rails corrupt capitalists, or neoliberal pampered, for the purpose of creating a super wealthy 1% that did little more than  piss on the rest of the people of the planet …..And we have been living under the downpour for over 30 years. While Ronald Reagan’s…

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Ted Cruz hopes to repeal Obamacare ‘in its entirety’ with next budget showdown

November 23, 2013
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Ted Cruz hopes to repeal Obamacare ‘in its entirety’ with next budget showdown

Sen. Ted Cruz is still opting for a chance to repeal the Affordable Care Act even though it hasn’t been implemented yet. The Texas Tea Party hero is still going for the ‘I broke a fingernail so let’s destroy my entire hand’ option, while offering no alternative for affordable health care. In an interview with…

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U.S. Budget Deficit is below $1 trillion for the first time in five years

October 31, 2013
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U.S. Budget Deficit is below $1 trillion for the first time in five years

For the first time in five years, the U.S. government has run a budget deficit below $1 trillion, which will certainly make Republicans very happy. That last part is probably a lie I accidentally on purpose added to be nice. The government says that the deficit for the 2013 budget year totaled $680.3 billion, which…

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For New Orleans, and the Gulf, the BP gift of toxicity just keeps on giving

October 28, 2013
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For New Orleans, and the Gulf, the BP gift of toxicity just keeps on giving

    For 87 days, over the Spring and Summer of 2010, we watched as over 4.9 million barrels of oil poured into the Gulf of Mexico - the largest marine oil disaster in US history. 4.9 million barrels of crude oil, equaling 205.8 million gallons of crude oil from the Macondo Well site, flowing into…

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Republicans will be upset: Americans seeking unemployment benefits dropped, the fewest since October 2007

August 16, 2013
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Republicans will be upset: Americans seeking unemployment benefits dropped, the fewest since October 2007

The following news should upset Republicans because it’s good news. According to the labor department, layoffs have averaged 1.6 million a month through June, fewer than the monthly average of nearly 1.8 million in the pre-recession year 2006.                 The number of Americans seeking unemployment benefits dropped 15,000 last week…

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Corruption At The Heart Of American Politics And Economic Inequality

June 30, 2013
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Corruption At The Heart Of American Politics And Economic Inequality

Lawrence Lessig talks about corruption at the heart of American politics, caused by the dependence of Congressional candidates on funding from the tiniest percentage of citizens. Then Richard Wilkinson charts the hard data on economic inequality, and shows what gets worse when rich and poor are too far apart: real effects on health, lifespan, even…

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The GOP is trying to distract us: The economy’s upswing is the second longest on record

June 10, 2013
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The GOP is trying to distract us: The economy’s upswing is the second longest on record

It’s hard hearing the good news due to all of the distractions with GOP created ‘scandals’ but it’s out there. I’ll leave a few excerpts on our economy — you know, that thing Republicans are trying to distract from — and it’s all good news. In fact, it’s better than good.        …

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Quick GOP, create another scandal: US home prices rise 10.9 percent, the most since 2006

May 28, 2013
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Quick GOP, create another scandal: US home prices rise 10.9 percent, the most since 2006

We have some good news for the economy, which means Republicans will be busy creating another scandal. U.S. home prices jumped 10.9 percent in March compared with a year ago, which makes this the most since April 2006.             The Associated Press reports a growing number of buyers are bidding…

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Impeach!: CBO predicts the budget deficit to shrink even more, the smallest annual shortfall since 2008

May 14, 2013
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Impeach!: CBO predicts the budget deficit to shrink even more, the smallest annual shortfall since 2008

According to a new government estimate, the budget deficit for the current year will come in well below what was projected just a few months ago, in fact, $200 billion below its February estimate, which makes this the smallest annual shortfall since 2008. The Associated Press reports, “The Congressional Budget Office study predicts a 2013 budget deficit…

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See Exactly Where Your Tax Dollars Went: National Priorities Project Releases Tax Day 2013

April 1, 2013
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See Exactly Where Your Tax Dollars Went: National Priorities Project Releases Tax Day 2013

Analysis finds that more than a quarter of every dollar went to the military;   3.5 cents went to education Millions of Americans will file their 2012 federal income tax returns on April 15, but few know what happens to their tax dollars. That’s why National Priorities Project (NPP) has launched Tax Day 2013 —…

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9 out of the top 10 in Congress who spent govt money on bonuses for their staff were Republicans

April 1, 2013
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9 out of the top 10 in Congress who spent govt money on bonuses for their staff were Republicans

As much as Republicans tout being fiscally conservative while deeming Democrats as spendthrifts, this proves to the contrary of their accusations. While demanding cuts for social programs and tagging them as ‘entitlements’, these politicians spent a jaw dropping amount of government money on bonuses for their staff; Todd Akin generously afforded his staff a 98…

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The Psycho-babbling of Michele Bachmann: AHA “kills” women and children and seniors… huh?

March 24, 2013
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Psycho-Babbling

    I am quite sure that portion of the fringy “mental health” community still firmly embedded in the thinking of the  1970′s-1980′s will be taken aback with my use of the terminology, “psychobabble”- a term for the verbal bullshit tinged with misused psychotherapy and psychological buzzwords emanating from con men and women (Werner Hans Erhard, nee…

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