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Political News, Progressive Commentary, Liberal Opinions and Common Sense Conversation…

Gidget and The Geezer

Gidget and The Geezer probably don’t lie every time they open their mouths. I’m sure that sometimes they just misspeak themselves through the rationalization that if a ton of their B.S. was screened carefully enough at least one kernel of truth would almost certainly be found. Take the situation regarding the contribution made to U.S. energy [...]

Bye Fannie, See Ya Freddie: Should the Rest of Us Get Ready to Kiss Our Butts Goodbye?

On my personal ranking of the news events of the past 100 years, the top three stories are (1) Hiroshima/Nagasaki; (2) The tearing down of the Berlin Wall; and (3) The current forcing of Fannie Mae and Freddie Mac into federal conservatorship.
The conventional wisdom, of course, is that Fannie and Freddie are “too big to [...]

Shall we win for a change?

The War on Terror has finally blended in to the War on Drugs to the extent that it is no longer possible to ignore the connection.
AFGHANISTAN: A DOWN YEAR FOR OPIUM PRODUCTION, BUT IS THE TRAFFICKING THREAT RECEDING?
Aunohita Mojumdar 8/27/08
A EurasiaNet Q&A with UNODC Afghanistan Country Chief Christina Oguz
Afghanistan experienced a 19 percent decrease in [...]

Amazing! Absolutely amazing!

Who knew? If it was possible to see even a sliver of the future, what might be different?
Sen. Clinton just gave the presidency to her former rival, Sen. Obama. And in doing so, she accomplished the feat largely by showing the President she would have been, as opposed to the lesser president her campaign, for [...]

Why do we even let the riff raff vote?

Paraguay just had an election. The “leftist” won.
The whole problem with allowing poor countries to have real elections is that it’s guaranteed that there will be a candidate to run the country who talks about using national resources to benefit the national population. Well, if you let people vote for things that are in their [...]

What’s that smell?

When Reagan and Daddy Bush finally tied the knot after their big dustup in 1980, the only reasonable conclusion was that they were really consummating a marriage between the military/industrial complex and big oil. This probably started out as a tenuous union but eventually morphed into the shadow entity most appropriately known as BUSHCO.         
Fast forward [...]

More shoes drop

The Temptation is to just chalk this up to another monumental blunder by little Georgie, but, really, Ronald Reagan comes in for a heaping helping of blame as well.
Why does the “nation” of Georgia even exist? But after Reagan established the precedent with Estonia, Latvia, and Lithuania, is there any way to deny “national aspirations” [...]

Covered Bonds: The next fiasco?

Are covered bonds the next fiasco?
“The U.S. Treasury Department is continuing to consider ways to resuscitate weak homebuying activity, Treasury Secretary Henry Paulson said Tuesday, highlighting the potential of covered bonds as a “promising” solution.”
“Covered bonds are securities created from either mortgage loans or public sector loans and make up one of the oldest and [...]

The politics of business or the business of politics?

Hey McCain, let’s look at a quote from an article entitled “All eyes on India’s nuclear prize” at P. 32 of the August 4 issue of Business Week magazine. “India hasn’t signed a treaty that created a global fund to compensate victims of nuclear disasters, so reactor-builders in India would have to shoulder the responsibility…’GE [...]

Cradle to Grave Medical Care

Watching Stephanopoulos interview McCain this morning on ABC, it struck me that he’s so easy to dislike that I can sometimes do it without even really thinking.
McCain: “If we start counting time sixteen months ago, it would prove that Obama would be happy to have Osama Bin Laden take over this country, or even Saddam [...]

Random Musings on H.R. 3221

The House just passed a Bill entitled “Housing and Economic Recovery Act of 2008”. It is said as of this writing that the Barney Frank version just given the okay in the House is the piece of legislation that will be passed imminently by the Senate, and that Pres. Bush has now agreed to sign [...]

Bill Buffett and Warren Gates - A Parable

On this evening of wondrous celebration (we’ll all wake tomorrow and find that there was no loser in Penn.), it only makes sense to pay particular attention to the relationship of the two most wealthy persons in the history of this great land. Notice that I said “most wealthy” and not “most powerful”. The spawn [...]