Senator Arlon Spector is Changing from being a Republican to a Democrat.
I am certain it is because of the way the republican party was treating him after he voted for one of Obams's bills.
Tuesday, April 28, 2009
Monday, March 23, 2009
This Economy is a Real Killer!
I was watching Bill Moyers show on TV over the weekend. He opened with this
For every percent of unemployment rises:
47,00 People Die!
- Half from Heart Attacks
- More the 800 Murdered
- 1200 commit suicide
Check this:
http://www.huffingtonpost.com/peter-dreier/this-economy-is-a-real-ki_b_173515.html
For every percent of unemployment rises:
47,00 People Die!
- Half from Heart Attacks
- More the 800 Murdered
- 1200 commit suicide
Check this:
http://www.huffingtonpost.com/peter-dreier/this-economy-is-a-real-ki_b_173515.html
Tuesday, March 17, 2009
Our Financial problems
in 1999 things were changed. Banks were allowed to sell stock...and with the same bill they let credit cards increase what they charge us.
Large banks starting selling lots of types of stock - like derivatives. City Bank went wild with it as did most large banks. This has created the problems we have today.
Banks should be banks. Stocks should be sold by different companies - not banks.
And they all should be regulated.
The second problem is with the companies that rates the stocks - like AIG and a few others. They rated Morgages that were put together (derivitaves) made of failed morgages with houses that were empty - and rated them as AAA the top rating! When someone who dicovered this why they did this - he explained that they get more business if the companies think they will get a good rating.
It seems to me that we should make the goverment take over the ratings.
Large banks starting selling lots of types of stock - like derivatives. City Bank went wild with it as did most large banks. This has created the problems we have today.
Banks should be banks. Stocks should be sold by different companies - not banks.
And they all should be regulated.
The second problem is with the companies that rates the stocks - like AIG and a few others. They rated Morgages that were put together (derivitaves) made of failed morgages with houses that were empty - and rated them as AAA the top rating! When someone who dicovered this why they did this - he explained that they get more business if the companies think they will get a good rating.
It seems to me that we should make the goverment take over the ratings.
Saturday, March 14, 2009
Financial News Network
If you didn't see the Daily Show yesterday take a look:
http://www.thedailyshow.com/video/index.jhtml?videoId=220534&title=Intro---Brawl-Street:-Get-Ready-to-Buy-Low!-And-Sell-Die
Stewart vs. Cramer - John Stewart was brilliant and not at all funny. Cramer said he knew heads of financial companies were lying to him when they said thier companies were just fine. Stewart said "then why didn't you investigate that company to find out what was going on? WNBC could provide a real service to our country to investigate rather than just follow."
Stewart is a genuine mix of a sharp mind and a funny character. I am crazy about his show.
http://www.thedailyshow.com/video/index.jhtml?videoId=220534&title=Intro---Brawl-Street:-Get-Ready-to-Buy-Low!-And-Sell-Die
Stewart vs. Cramer - John Stewart was brilliant and not at all funny. Cramer said he knew heads of financial companies were lying to him when they said thier companies were just fine. Stewart said "then why didn't you investigate that company to find out what was going on? WNBC could provide a real service to our country to investigate rather than just follow."
Stewart is a genuine mix of a sharp mind and a funny character. I am crazy about his show.
Monday, March 09, 2009
Thursday, March 05, 2009
The RNC Is Crazy!
They had their big Rally this week and Rush Limbaugh said that he wanted Obama to FAIL! Michael Steele (the new Chairman of the RNC) criticized him, but the next day apologized! I just do not understand why he and others would NOT criticize him. I didn't like Bush but I would never say this. It would mean our Country would fail!
I think they are going to loose at least one Republican, who will turn into a Democrat because of all this.
I think they are going to loose at least one Republican, who will turn into a Democrat because of all this.
Saturday, February 21, 2009
Towards Peace in Columbia
I went to Pete & Debbies last night to sing. Sarah lives across the street (she's a midwife) and her daughter Rachel was there, who is in her early 20's. She is going to live in a village in Columbia for a year. Columbia is where the FARC are killing lots of people. This village has taken a stand against them, and invited the world to come and see what is going on. I asked Rachel why the FARC have not attacked that village and she replied it is because the world is watching them. How come that we don't here about it here??
Check out her blog: http://paz4colombia.wordpress.com/
She will be updating it when she gets there in mid-March. I urge you to check out the blogs on the left side from people that have been there recently.
Check out her blog: http://paz4colombia.wordpress.com/
She will be updating it when she gets there in mid-March. I urge you to check out the blogs on the left side from people that have been there recently.
Subscribe to:
Posts (Atom)
