Archive for March, 2011

“Closed!”

by jim_worth Posted: Thursday, 3/31/2011

On April 8th the Government of the U.S. may close it’s doors…

…defaulting on its obligations and plunging an already fragile global economy into chaos!

As the two political parties battle, one blinded by ideology and motivated by greed, the other insufferably timid, the nation holds its breath.

Republicans want to kill the country and still pay the doctors. Democrats want to continue trying to resuscitate it after the Bush Administration killed it.

The disruptive faction of the Republican party—Tea Party newcomers—are adamant that Republicans stick to the $61 billion in Republican proposed spending cuts; reductions that will ultimately weaken the U.S. economy.

Democrats, on the other hand, claim to be for more responsible cuts; reductions that won’t hurt those that need assistance most and not slow or destroy the recovery.

Which side is virtuous in this struggle?

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Posted in Economy, Politics, Republican Crises | No Comments »

“Forgotten Promises”

by jim_worth Posted: Sunday, 3/27/2011

All Politicians make empty promises on the campaign trail.

By this time in the 2008 election, potential candidates on both sides were cranking up their campaigns, working on slogans, talking points, hot button and third-rail issues.

They all work with teams—advisors, consultants, strategists—developing policies and formulating a variety of promises hoping to be elected or reelected.

The 2012 election cycle will be slightly shorter, but will cost in excess of a billion dollars and will be rife with promises; many that will never be kept.

They’ll promise change. They’ll promise fixes, both political and economic. They’ll promise transparency and honesty. And, they’ll promise prosperity—a chicken in every pot, a job for every American.

How many political promises are real and how many are outright lies?

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Posted in Election 2012, Obama, Politics | 18 Comments »

“The Psychology of $4.00 a Gallon”

by jim_worth Posted: Tuesday, 3/22/2011

Oil companies are playing games with our heads and our wallets!

Disruption of oil production in Libya, the turmoil in Bahrain, and potential of unrest in Saudi Arabia are being blamed for the sudden rise in the price of oil and gasoline.

The American people are being lied to by Big Oil Companies and the people have little recourse.

Republican House members voted to continue the Big Oil subsidies despite record quarterly profits last quarter and huge profits in previous quarters.

That’s taxpayer money being given to private companies that are screwing the same taxpayers with a manufactured oil crisis.

Every single Republican Representative voted for big oil and against the American people. Every damn one of these sleazeballs!

But it’s the application of oil psychology that’s killing the American consumer.

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Posted in Economy, Oil | No Comments »

“A ‘Real’ Grass Roots Movement”

by jim_worth Posted: Sunday, 3/20/2011

This article has been posted on The Huffington Post and is available to read and comment on. Click on the link to read it on Huff Post.

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Saturday’s welcome home gathering in Madison, Wisconsin was the ‘real’ thing!

Ostensibly overshadowed by the events in Japan, uncovered by a weak media, more than 100,000 Americans gathered in Madison, Wisconsin  a week ago to welcome the 14 heroic Democrat Senators home.

Granted, the earthquake, tsunami, and nuclear uncertainty in Japan was front page news—the heart-wrenching devastation deserving extensive coverage—but the return home in Wisconsin was equally important to our politics here in the United States.

Something was happening in Wisconsin that is important to the discourse in this country. And, as usual, the overall media failed in its job.

Far larger and more ‘real’ than the ‘Tea Party’ events, the welcome home demonstration received far less coverage than the ‘manufactured’ tea party gatherings.

Why is that?

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Posted in Election 2012, Politics, Tea Party, Wisconsin | 1 Comment »

“The Banksters: An Oscar Winning Performance”

by jim_worth Posted: Friday, 3/18/2011

Oscar Winning “Inside Job” exposed the criminals of the banking crisis!

As a result of the hard-hitting documentary, the criminals have been rounded up, tried, convicted, and incarcerated in maximum level confinement.

Their families are outraged, claiming they are being treated like caged animals; treated like Bradley Manning—isolated and stripped of their rights and visitation privileges. They are calling for fair and humane treatment, including access to their overpaid attorneys.

What?

There are no banksters in prison?

No one has been convicted?

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Posted in Banking, Economy, Finance, Politics, Too Big to Bail | 1 Comment »

“Are Republican Governors Killing America?”

by jim_worth Posted: Monday, 3/14/2011

New Republican Governors are clearly misreading their mandate!

‘The People’ in many states are realizing the mistake they made in the 2010 elections and are fighting back.

Destroying working families by breaking the unions is not an isolated case. It’s not happening only in Wisconsin. It’s going down in Ohio, Michigan, Indiana, Idaho, Virginia, and New Jersey. Thanks to poster child, Scott Walker, it’s now obvious that this job-killing action is an ideology aimed at destroying any opposition to the corporatist take-over building for over 30 years.

Governors warn of catastrophic consequences of state deficits while giving away hundreds-of-millions in taxpayer dollars to corporations and campaign donors creating an even greater shortfall. They hope their citizens are too stupid to see what they’re doing.

Was this the mandate the voters gave Governors?

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Posted in Economy, Election 2010, Jobs, UnAmerican | 1 Comment »

Quick Hit: “Against the Will of the People!”

by jim_worth Posted: Thursday, 3/10/2011

Wisconsin Republicans have started the revolution!

With slick, fascist type swiftness, 18 Senators reversed 50 years of good politics against the will of the citizens.

The late night antic has not really gotten out to the citizens yet, but the anger will be elevated when Wisconsinites awaken to the news.

It is now clear that Scott Walker is the front man for this Republican/Fascist grab for power, stripping union rights from hard-working people. Americans will not tolerate this threat to democracy.

The way the conference was handled, the way Majority Leader Fitzgerald conducted the meeting was not only unlawful, but was an ugly example of fascism.  Fitzgerald was unwilling to listen to the impassioned argument of Representative Peter Barca who, by-way-of a letter from the current Republican Attorney General, point out the illegality of the Senator’s actions.

I asked in “A Fascist Regime in Wisconsin?” Is Senator Fitsgeralds a fascist?

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Posted in Call to Action, Politics, Quick Hits, UnAmerican | No Comments »

“A Fascist Regime in Wisconsin!”

by jim_worth Posted: Sunday, 3/6/2011

The battle between hard-working Wisconsinites and Wisconsin’s Legislature rages on!

As this situation has escalated things have gotten uglier and more childish.

Republicans in Wisconsin’s state house continue their push to break up the public employees unions amidst declining citizen support.

Though the Wisconsin unions have agreed to all budgetary demands Governor Walker requested, he is insistent on breaking the union; eliminating collective bargaining for public workers. He is determined to turn Wisconsin into a fascist state employing fascist tactics to achieve his goals.

Of the 14 characteristics of fascism, Scott Walker and his comrades in the legislature are exploiting eight of them, obliterating some of the most sacred freedoms of a democracy.

The Governor, on Wednesday, issued an unlawful arrest order for the 14 Democrat Senators who fled the state to preserve democracy and protect Wisconsin’s citizens. A distinctive move in a fascist regime. In his decision, Walker clearly overstepped his gubernatorial powers, trampling civil liberties—moving ever closer to fascism.

Is Walker A Fascist? Is Senator Grothman, or Majority Leader Fitzgerald? Are the rest of the Republican Senators?

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Posted in Politics, Wisconsin | 1 Comment »

“It’s Not Rocket Science!”

by jim_worth Posted: Friday, 3/4/2011

It doesn’t take a rocket scientist to figure out the housing market.

The housing market is in shambles!

The brewing storm was obvious to many intelligent observers as early as 2004 yet was allowed to metastasize until it imploded.

Cautious unwinding of GSE’s (Government-Sponsored Enterprises), more specifically Fannie Mae and Freddie Mac, in this fragile housing market is critical to any recovery and the overall economy. But it should never have gotten to this point.

Low interest rates, greed, fraud and a Congress that turned a blind eye led to an unsustainable, overheated market—one destined to collapse.

And did it collapse!

Over a week ago, Timothy Geithner and the Treasury Department unveiled their proposal to correct the mess in the housing market  winding down the role of GSE’s and bringing back private capital to the market—a market manufactured and accelerated by deregulation, greed, and dishonesty; condoned by Congress, Wall Street, a tunnel-visioned Fed Chairman, and an inept Executive Branch.

Many elements fueled the overheated housing market: subprime and liar loans, securitization, and negative-am loans—all toxic products of a greedy private market. Probably criminal, but certainly stretching morality.

And not a single person has gone to prison.

How is that possible?

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Posted in Economy, Housing | 1 Comment »

“Is That All You’ve Got, Still?”

by jim_worth Posted: Tuesday, 3/1/2011

Posted on The Huffington Post on Thursday evening March 3rd. Click on the link to view the article on The HuffPost.

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The GOP is vainly searching for a qualified Presidential Candidate!

With the elections less than two years away Republicans are still sifting through a tired list of potential candidates with very little luck!

The list of potential Presidential candidates reflects the uncertainty and unrest in the new Republican Party.

It seems like every few weeks a new prospect rises within the party and another on the list loses their lustre.

The list, since Obama’s defeat of McCain in 2008, has been in flux with no less than 18 potential stars. Some have already gone supernova, permanently fading from the list. Others are soon to follow.

The current list, which includes recirculated hopefuls like Mitt Romney, Ron Paul, and Sarah Palin, and Presidential wannabe’s like Tim Pawlenty, Newt Gingrich, and Michele Bachmann, is a study in both inanity and insanity.

Which Republican Presidential candidate can challenge President Obama?

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Posted in Election 2012, Is That All You've Got?, Politics, Republican Hopefuls | No Comments »