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    Sack GoldMans

    April 11, 2009–A New Way Forward organized bailout protests around the country. Locals hit Portland's Pioneer Square to protest our tax dollars being given to greedy Banksters.

    Colleen Lindsay and Mike Ellison at Bank Bailout Protest

    Photos courtesy of Rich

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    Let’s Bailout Paris Hilton Too

    Given the state of the Federal budget deficit, this just makes me sick (from Think Progress):

    Sen. Jon Kyl (R-AZ) and Sen. Blanche Lincoln (D-AR) have a $250 billion proposal to cut estate taxes for the children of multi-millionaires even more than George W. Bush already did, and it’s attracting a disturbing amount of support.

    Their $250 billion proposal would raise the estate tax exemption [...]



    Chomsky on Geithner (and some Colbert Comedy)

    Noam Chomsky on the economy and democracy Pt2

    Noam Chomsky on the economy and democracy Pt3

    Stephen’s Angry Mob Will Crush AIG (click to show/hide Colbert video)

    The government can’t stop AIG but Stephen’s angry mob will crush these punks. He pulls out his pitchfork and gets the audience on his side. [...]



    We’re Stupid and We’re Fools

    Cenk Uygur over at Huffpo sent me this story link this morning. 

    If you want to understand what is really going on re: the banking/wall street fiasco, read this article.  Here is an excerpt:

    The latest bailout came as AIG admitted to having just posted the largest quarterly loss in American corporate history — some $61.7 billion. In the final three months of last year, the [...]



    what do politicians hate more than anything else?

    Doubt. Doubt = weakness, and weakness = electoral failure.

    So it’s a minor miracle when a politician reaches the right conclusion and, despite his doubts, acts on it:

    SANTA FE — The Bill Richardson who announced a repeal of the death penalty in New Mexico on Wednesday was not the same Bill Richardson who usually shows up for face time with the news media.

    The Richardson who [...]



    whatever happened to a.i.g. freezing executive bonuses

    and clawing back those they’d already paid out? From October 22, 2008:

    NY AG says targeting exec pay at AIG, elsewhere

    NEW YORK (Reuters) – Troubled insurer American International Group Inc will freeze payments to a former CEO and officers of the unit that was the main source of its financial problems, New York Attorney General Andrew Cuomo said on Wednesday.

    “This is to confirm that AIG has [...]



    merit pay ain’t the way

    There is no question that Barack Obama will be a better president for the state of education in this country than George “is our children learning” Bush could ever hope to be, and almost anything would be better than Bush’s odious, expensive, top-heavy and radically stupid No Child Left Behind.

    That being said, merit pay is just another Republican red herring and should be round-filed along [...]



    Why Isn’t Simon Johnson the Treasury Secretary?

    This is the most succinct explanation I have come across of where we are at and of what to do with regard to the financial crisis affecting our country.  I hope Obama and Congress are listening.  From Bill Moyers Journal (you can watch the video here):

    February 13, 2009

    BILL MOYERS: Welcome to the Journal.

    The battle is joined as they say — and here’s the [...]

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