Ellen Brown: When Americans realize that the alternative is to have their ready cash transformed into “bank stock” of questionable marketability, moving failed mega-banks into the public sector may start to have more appeal.
Robert Reich: So it must be that he’s counting on public pressure — especially from the GOP’s patrons on Wall Street and big business — to force Republicans into submission.
Robert Reich: Anyone with half a brain will see this is the ideal time to borrow money from the rest of the world to put Americans to work rebuilding the nation’s infrastructure. Problem is, too many in Washington have less than half a brain.
“Why do they keep sending me budgets I won’t sign?”, the Governor asked, after saying no, once again, to any proposal but his own, cuts-only solution. And, since he had all the guns, no one in the Legislature asked in return, “Why does he keep refusing our budgets?”
Just as many of the neo-cons seemingly cross their fingers hoping for a mass-casualty terrorist attack on U.S. soil because they see it as political gold for them, they’re also cheerleading for the economy to remain stagnant
The California State Senate adjourned at midnight, unable to pass three stopgap bills that would have saved the state $7 billion. To appease Governor Arnold Schwarzenegger, the Democratic leaders of the state legislature hastily drew up the three complicated bills to try to stave off fiscal collapse and the necessity to begin issuing IOUs. All […]