Posts Tagged ‘Wall Street’

“Recall Walker Gains Momentum”

This article was posted at The Huffington Post on 11/4. To read it at HuffPost click on the link here.

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Angry Wisconsinites file to recall ideological Governor!

In October paperwork was filed with the Government Accountability Board to gather signatures to recall Governor Scott Walker after just one year in office.

The honeymoon ended abruptly when the newly elected Governor began pushing controversial policies that attacked hard-working Wisconsin citizens.

Push-back, began when Senate Democrats left the state in February to prevent a budget vote that also stripped public union rights. It was swift and has been growing ever since. Wisconsin became the battleground for the middle-class.

As momentum builds, the chance of recall becomes more imminent.

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Posted in HuffPost Articles, Politics, Wisconsin | Comments Off

“An UnTea Party Revolution”

New article has been posted on The Huffington Post. Read it on HuffPost by clicking on the link.

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Stop the revolution, I want to get off!

Revolution is nigh and this time it’s not the product of the misguided anger of the Tea Party!

This one is ‘real.’ Not manufactured. A protest the right loves to hate.

Armed with legitimate complaints, too many to count, people — ignored by an uncaring Congress — have taken their concerns to the street.

It started with the occupation of Wall Street, spread to more than 100 cities throughout the United States, then to cities all over the world.

Is this a populist movement?

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Posted in HuffPost Articles, Occupy, Opinion, Politics, Tea Party | Comments Off

Quick Hit: “Move Your Money”

Are small banks and credit unions safer than big banks?

Big banks and Wall Street caused the financial meltdown, were bailed out by the taxpayers, and are operating under the same destructive model that caused our financial problems. By remaining with any one of the top 20 banks you are helping create another financial crash that will be even worse for the global economy.

Occupy Wall Street has brought the collusion of  big banks and Wall Street into focus as the main cause of our declining economy. It has served, in growing numbers, to expose their collusion and calls for Congressional action.

But, the next move can be yours!

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Posted in Banking, Quick Hits, Rebalancing America, Too Big to Bail | Comments Off

“It’s All Greek To Me”

This article was posted on The Huffington Post on Monday, 10/17/11. To view it on HuffPost click on the link.

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The Greek Parliament agreed on new austerity measures to avoid sovereign default.

As the European Union, the International Monetary Fund, and European Banks grapple with a plan to avoid the collapse of Greece, and the potential domino affect on Portugal, Ireland, Spain, and Italy, the social unrest in Greece grows.

Austerity measures imposed by the ECB are deep and damaging to the Greek people, striking at the most vulnerable citizens; sparking huge protests in the cradle of democracy.

The problems in Greece and Southern European countries are microcosms of a problem throughout the world; financial destruction caused by a greedy, protected, unregulated banking system.

But, the anger and unrest are not confined to the socialistic states of Europe.

It is happening globally and the thirty year move to a Plutocratic Oligarchy is propagating class warfare.

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Posted in HuffPost Articles, Occupy, Politics | Comments Off

“Defining Occupy Wall Street”

The right-wing attempts to define the Occupy Wall Street movement!

Maybe the Occupy movement — rapidly spreading to a city near you — defies explanation. But the one thing that can be said, unequivocally, is that it grows daily fueled by the growing frustration at the decline of this great nation and the number of egregious issues that must be addressed.

It is an unrest and dissatisfaction of a Congress that is not listening to the many while supporting the few; a Congress that has been deaf to the voice of justice and fairness.

They are the cadre of hard-working Americans disenfranchised by the system and declaring the causes, individually and collectively, which impel them to express their grievances. And, like the Opressions listed by our 56 signators of the Declaration of Independence, those grievances and usurpations are listed below for all to see and understand, conceding that these will not be the sum of their grievances.

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Posted in Economy, Occupy, Politics, Wall Street | 2 Comments »

“Financial Ruin: A Republican Legacy!”

The right continues to push U.S. into a deep financial abyss!

Holding Republicans responsible for the damage they’ve caused over the past three decades should be our first priority. And the damage is unprecedented.

The mid-term elections and the rise of the Tea Party has again changed the political landscape so it is even more imperative that the American people start paying attention to the reasons we’re in this incredible mess and why we’re sliding back into recession.

In the second article in the Republican Crises Series, “Financial Crisis: Made in America by Republicans,” eleven different events that have caused pain and suffering for the American people are listed.

Have Republican policies ruined America?

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Posted in Economy, HuffPost Articles, Politics, Republican Crises | Comments Off

“SuperCommittee? Or SuperFluous?”

Congressional leaders selected 12 members to the new Super Committee!

A committee of eleven men and one woman have been chosen to fix the deficit; a deficit that was set in motion 30 years ago.

They begin work this week, charged with the daunting task — given the current partisanship in Congress — of reversing the spiraling deficit. They already have many obstacles to overcome.

Others have introduced proposals to rein in congressional spending, but each has been rejected for varying reasons.

Can this group find success when others have failed?

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Posted in Budget, Economy, Election 2012, HuffPost Articles, Politics, Rebalancing America | Comments Off

“Wisconsin: A Turning Point For Democracy?”

Newly posted article on The Huffington Post. To view this on HuffPo click on the link.

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The Recall elections in Wisconsin in August are a test of our democracy.

The first two battles have been waged in Wisconsin and, if the opening clashes are any indication, ‘the people’ are going to take back the Badger State.

Last Tuesday, the first recall election was held in Wisconsin’s 30th District and Wisconsinite’s overwhelmingly reelected incumbent, Dave Hansen, over Republican challenger, David Vanderleest.

Similarly, the week before, all six Democratic hopefuls won easy elections over faux Democrat candidates in a forced primary election that will cost the taxpayers of Wisconsin nearly $500,000 dollars. Running fake candidates was a costly, and unethical, political ploy to give Republican candidates more time to raise money, campaign, and muddy the process in the upcoming recall elections in six Republican held districts.

Will this tactic backfire on the Republicans?

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Posted in Call to Action, Election 2012, HuffPost Articles, Media, Politics, Wisconsin | Comments Off

“Debt, Deficit, and Deceit”

New article has been posted on The Huffington Post, on 7/19/11. Click on link to read article on Huff Post.

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Holding the debt ceiling hostage is a huge political mistake.

The debt limit and budget deficit are separate issues and should be dealt with separately.

This debt limit is the ghost of Congresses past. The budget and reducing the deficit is the ghost of Congresses future. But, reality is firmly entrenched in the present.

Reasonable legislators understand the immediacy of raising the debt ceiling and the potential ramifications of failing to do so.

It has been raised without question 10 times since 2000, eight times under George Bush. Though there is no clear history from a previous default, economic and business leaders around the world are warning of catastrophic implications in failing to do so.

If this is even remotely possible, why are Republicans holding the debt ceiling hostage?

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Posted in Congress, Economy, HuffPost Articles, Politics, Republican Crises, UnAmerican | 2 Comments »

“Stimulating a Dead Economy”

My newest article is now available on The Huffington Post. Click on the HuffPo linke to read it there.

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The U.S. economy is surviving only because of over-stimulation.

We’re living on fumes in this country, and the pursuit of happiness has come to an end for millions of families!

Main Street is still suffering. But, the Market is on Viagra, shored up by QE2, the Fed program to buy hundreds of billions of dollars in U.S. Treasury Bonds. As QE2 winds down, and the economy falters, the discussion turns to the possibility of QE3.

A tremendous number of band aids have been administered to keep the U.S. economy from hemorrhaging; to prevent not only a domestic collapse, but a global one.

Each attempt to divert a financial disaster has had varying levels of success; many failing to achieve their intended goals.

Why have we needed so much stimulus?

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Posted in Economy, HuffPost Articles, Predictions, Wall Street | Comments Off