Biden Hits Hard

Democratic VP nominee Joe Biden was on the stump today hitting McCain in a speech that draws the battle lines showing that a McCain presidency “would amount to a third Bush term.” In recent weeks, Biden has received less attention from the media than his counterpart Sarah Palin, but today’s speech, Politico reports, “seems to be intended to integrate him more into the broader campaign strategy and to use him as a super-surrogate to take high-profile hits at McCain.” The campaign is emphasizing Biden’s unique standing to deliver those hits, based on his longtime relationship with the Arizona senator, stretching back to the early 1970s when McCain served as Biden’s Navy liaison to the Senate Foreign Relations Committee. Referring to … Continue reading

The Sky Is NOT Falling Just Really, Really Cloudy And Nervous

As of this finishing of this article the Dow Jones is closed at 504 or 4.4% down. Most of you don’t remember the day in the 80′s when it dropped 600+ points in an afternoon based on an index of 3,000 or less. We survived and prospered thereafter. This sounds like a huge drop but is a relatively minor dip if taken in historical perspective. Unfortunately Barrack Obama is saying it’s the worst crisis since The Depression. [Bullshit.] Both Obama’s and McCain’s comments are covered at the end of this article. Among other bad news today for his campaign, McCain, in light of todays’s news, again touted that the underlying fundementals of the economy as being strong. [This is a … Continue reading

Hillary Tells Supporters in Ohio: ‘No Palin’

I was really proud to support Hillary Clinton in the primaries and I loved her speech at the Democratic Convention last month. The line, “No Way, No How, No McCain” really struck a chord for me and a lot of other supporters as well. Hillary was on the stump for Obama in Ohio on Sunday and she revised that great applause line to a crowd of 1200 supporters when she said, “No way, no how, no McCain and no Palin.” Clinton campaigned heavily in the state in the weeks leading up to her March 4 Democratic primary win, and she returned to economically troubled northeast Ohio on Sunday to urge her supporters to work just as hard for Obama and Joe … Continue reading

Wall Street Meltdown: The Sky Is Falling

The sky is falling… The sky is falling… I spent a few blissful days out at the beach this past weekend ignoring the news. I came home and got back online was greeted by the grim news of the latest shake up on Wall Street. Lehman Brothers is filing for bankruptcy protection, Bank of America is buying out Merrill Lynch and in the latest tumble Sunday, insurance giant AIG is “seeking a $40 billion bridge loan Sunday night from the Federal Reserve.” Our financial system is melting down faster than a blink of an eye and the Fed apparently has no qualms with risking taxpayers money to bail out the big corporate banks: The Fed, meantime, broadened the terms of … Continue reading

Ten Post Round-Up: Bad News Ahead

Last week, I did my level best to stay out of the political fray, but to no avail.  So, I officially give up.  And, since our politicians aren’t giving up, I guess I might as well just dive in and go for the gold. Today’s Ten Post Round-Up is designed to show you just how bad this election show has gotten.  But, before we go any further, I should first let Uncle Jay explain the news (the word for the day is: lipstick). You know things are bad when:

Back From The Beach and More

So… I snuck away to the beach for a few days and ignored the news. I didn’t turn on the TV, I barely checked the news online and I only once looked at the newspaper. What a great escape. The weather was fine, I got lot’s of rest and I’ll need it in the week to come, because I’ll be guest posting over at Taylor Marsh’s place from Monday through Friday. I have to say that I am really flattered that Taylor asked me to fill in for her while she’s taking care of some business. While I was resting out at the beach…

Consumer Driven Health Care Turned Upside Down

I have to admit that I am most likely one of the few lifelong Democrats that sees the potential that consumer driven health plans have in becoming a major part of health care reform to achieve near-universal coverage in this country.  It is unpopular to say in progressive circles, but the majority of Americans will probably never accept a one-size-fits-all health insurance system that is funded primarily with tax revenue.  Unfortunately, the potential for consumer driven care is currently overshadowed by the perverse incentives for health insurance placed in our federal tax code.    The most perverse incentive in our tax code pertains to the deductibility of health insurance premiums by employees.  Section 125 of the Internal Revenue Code allows employers to offer a salary reduction to employees in exchange for paying premiums with pre-tax dollars.  … Continue reading

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 resources by energy production from Alaska. They famously and repeatedly state that Alaska “produces nearly 20% of the U.S. domestic supply of energy”. Then there’s the facts! It’s simply untrue that Alaska produces anything close to 20 percent of the U.S. “energy supply,” a term that is generally defined as energy consumed. That category includes power produced in the U.S. by nuclear, coal, hydroelectric dams … Continue reading