Rules Changing on Mortgages — too little, too late?

This is why the Constitution REQUIRES Congress to regulate interstate commerce. I know the neocons running the government seem to have an aversion to  government regulation, but even 221 years ago, the framers had an inkling that stuff like this … Continue reading

It’s Not Just About Foreclosures

I discuss politics with a lot of wingnuts, and I have yet to come across one who actually comprehends the scope of the current financial crisis to any degree at all. It simply stumps them. Invariably, their understanding of this … Continue reading

Government Lies: Inflation is all in Your Mind!

You know how you go to the gas pump, and every day the price is higher than the day before? And when you go to the grocery store, the price of milk, bread and eggs is much higher than it … Continue reading

Economic Doldrums

Welcome to the 1970s. I know, I know… a lot of people have been predicting a return to the Great Depression, thanks to Bush’s Hoover-like economic stewardship, but I’m slightly more, um, optimistic. I think it’s going to be more … Continue reading

Jack Cafferty Attacked for Telling the Truth!

I know this will seem very politically incorrect of me, but this type of story makes me laugh:  Protesters target CNN after Jack Cafferty’s remarks on China – Los Angeles Times. Throngs of Chinese Americans protested outside CNN’s offices in … Continue reading

Watching the Recording Industry Kill Itself Slowly… with maximum bloodletting…

The music industry is killing itself, and the idiots running the record companies are too brainless to understand why. Jammie Thomas is on trial for downloading and sharing 1702 songs. According to "the recording industry," the copyright violations by this … Continue reading

Summers Hedges on Recession Talk

Here’s a guy who knows a thing or two about economy. Of course, he worked for Clinton, so wingnuts will dismiss him as a kook… From: Ex-Treasury chief Summers warns on recession risks on Yahoo! News. Former Treasury Secretary Lawrence … Continue reading

Large Webcasters Reach Deal Small Webcasters ok till 2010 on Royalty rates

Apparently, someone in the record industry has begun to figure out that cutting off their noses will only spite their faces. From Billboard: Major Labels, Large Webcasters Reach Agreement Over Rates. Major record labels and SoundExchange have just reached a … Continue reading

In Mortgage Meltdown, Missed Signs – New York Times

Okay, I have to ask… How many more of these phony schemes do we allow before we finally get a clue and demand that the government re-regulate commerce, as they are required to as part of their constitutional duty?  A … Continue reading

Starving the Beast Just Makes Us All Hungry

Okay, that’s it. I’ve had it, and you should be sick of this crap, too. As noted, President Bush decided to turn the tragedy in Minneapolis into a political hammer, and tried to beat Democrats in the head with it, … Continue reading