Then today the blast above that was aimed directly at Hillary Clinton was memorable in it's invective.
Monthly Archives: July 2007
Dow Falls 450 Points
The raw news is a big fall for the Dow Jones Industrial average (usually just “the Dow”). Stocks Plunge As Lending Worries Rise By JOE BEL BRUNO AP Business Writer 2:21 PM CDT, July 26, 2007 NEW YORK – Wall Street suffered its biggest plunge of the year Thursday, leading global markets lower as investors fled stocks amid increasing uneasiness about the mortgage and corporate lending markets. The Dow Jones industrials briefly fell nearly 450 points, while Treasury yields...
A Good Read…….
Although I haven’t been able to post as much recently, I thought I’d mention a good book out there that I don’t believe has recieved the accolades it deserves. It’s Lee Iacocca’s “Where Have All the Leaders Gone?”. After leading Chrysler out of bankruptcy and becoming an American icon of what a hard working second generation immigrant can do with his life, Lee endorsed many Republicans for POTUS over the years, including GWB in 2000. That all changed in...
The Dow Which Is Being Spoken Is Not The True Dow
or, How The Financial Press Lies With Numbers The Dow Jones Industrial Average just hit a “milestone” by passing 14,000. Great, right? Not so fast (I have assumed that the Euro has remained basically stable. Not a very risky assumption. It has. The St. Louis Federal Reserve uses it as a baseline as well.) US Dollar expressed as one Euro: 1.3785 (2007-07-16 exchange rate) 1 USD = 1 Euro January 1, 2000 multiplier = .725426 (1.0 divided by...
Contempt Citations pass House Committee
The unthinkable of a year ago is quickly becoming thinkable. My newspaper’s letters section is filled with impeachment appeals. House Democrats pass contempt citations By LAURIE KELLMAN Associated Press Writer WASHINGTON – The House Judiciary Committee voted contempt of Congress citations Wednesday against White House Chief of Staff Josh Bolten and President Bush’s former legal counselor, Harriet Miers. The 22-17 party-line vote — which would sanction for pair for failure to comply with subpoenas on the firings of several...
Ward Churchill: Mission Accomplished
In a moment of historical shame that the tissues of rationalization can only obscure for a brief season, the University of Colorado released the following press release yesterday, transparently a lie: CU Regents Dismiss Ward Churchill July 24, 2007 BOULDER-The University of Colorado Board of Regents today voted to accept President Hank Brown’s recommendation to dismiss Professor Ward Churchill from the faculty of CU-Boulder for conduct that fell below minimum standards of...
BBC Reporter Finds Evidence of 1933 US Coup Attempt by Rich American Businessmen
Given how poorly international news makes it to American media, I frequently seek out sources from overseas. The memeorandoum item just said "Listen to this programme in full." The story was yet another dot in the accurate history of our last century of unelected, rich, powerful white men running this country that most Americans have yet to discover.
The Impeachment Express
That the administration is determined to prove itself above the law is certainly sufficient grounds for impeachment, but there is a far more compelling reason to get the impeachment train out of the station. Bush and Cheney are both still sitting around with too much spare time on their hands, and these dudes get dangerous when they get bored. We need to put something so big on their plates that they lose all appetite for anything but self-defense. Bush...
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