Tag Archives: Obama

Obama announces economic plan, states he will not renew Bush tax cuts for the super-wealthy

By Mark | September 8, 2010

As scheduled, Obama spoke about the economy in Cleveland today. While he formally unveiled the major new incentives and infrastructure projects that we discussed here last night, the big news came when he announced unequivocally that he would not support the extension of the Bush tax cuts for the super-wealthy. The statement was unexpected, as [...]

Posted in Corporate Crime, Economics, Politics | Also tagged Bush tax cuts, Cleveland, Consumer Financial Protection Bureau, deregulation, Elizabeth Warren, John Boehner, loopholes, middle class tax cuts, Peter Orszag, tax loopholes, tax policy, the growing gap between rich and poor, the plight of the overtaxed rich | 15 Comments

Obama’s pro-business gambit, and why it will likely fail

By Mark | September 7, 2010

Tomorrow, we’re told, President Obama will propose an economic incentive package indented to help turn the American economy around. From what little I’ve been able to find in the press, it’s sounds like just the kind of thing that the American economy needs. It would not only provide generous tax incentives to companies pursuing research [...]

Posted in Media, Politics | Also tagged Andrew Ross Sorkin, infrastructure, Morning Joe, National Infrastructure Bank, R&D, Rail, recovery, stimulus, tax incentives, the party of no | 8 Comments

Financial reform bill emerges from committee, but is it any good?

By Mark | June 26, 2010

I know that a number of consumer groups and unions are coming forward to support the financial reform bill that came out of conference committee on Friday. Among those singing the praises of the bill is Elizabeth Warren, the woman who heads the congressional panel overseeing the government’s bailout of American banks, whom I quote [...]

Posted in Economics, Rants | Also tagged auto dealers, banking reform, Bob Rubin, Commodities and Futures Modernization Act, Consumer Financial Protection Bureau, Dylan Ratigan, Elizabeth Warren, everage exemption, financial reform, Glass-Steagall Act, Hank Paulson, investment banks, Larry Summers, mark to myth, National Automobile Dealers Association, SEC, too big to fail, Wall Street, Wall Street bailouts, Wall Street bonuses | 2 Comments

The real threat, and the art of distraction

By Mark | June 20, 2010

As much as 2.52 million gallons of crude oil may be gushing into the Gulf each day, and, despite the claims of global climate change deniers, 2010 is shaping up to be the hottest year in recorded history. We are literally destroying our planet. The polar ice caps are melting, sea life is dying, species [...]

Posted in Uncategorized | Also tagged BP, distraction, Glenn Beck, global climate change, Gulf of Mexico, mass murder, Obama's socialist agenda, oil, oil spill, tea party | 18 Comments

Obama misses opportunity to lead on energy independence

By Mark | June 15, 2010

Here, because it’s easier to cut and paste than write something myself, is a clip from Jason Linkins:

…I am really not entirely sure what the point to this Oval Office address was! Were you looking for something that resembled a fully-realized action plan, describing a detailed approach to containment and clean up? Or perhaps a [...]

Posted in Environment, Politics | Also tagged Alternative Energy, BP, energy independence, Jason Linkins, let down by my leaders, oil spill | 31 Comments

Obama needs to lead us to energy independence by the end of the decade

By Mark | June 14, 2010

Joe Scarborough, this morning on MSNBC, challenged Barack Obama to be aggressive on alternative energy in his address to the nation tomorrow night. Like me, Scarborough wants Obama to channel the spirit of John F. Kennedy, who in 1961 announced that we’d put a man on the moon by the end of the decade, and [...]

Posted in Alternative Energy, Politics | Also tagged BP, Cheney's secretive energy task force, Dick Cheney, energy independence, health care reform, Joe Scarborough, John F. Kennedy, John Heilemann, Morning Joe, oil, oil spill, single-payer system, the moon | 12 Comments

What in the hell is Israel thinking?

By Mark | May 31, 2010

The last time Israeli Prime Minister Benjamin Netanyahu visited Washington, DC, it was widely reported that he was snubbed by President Obama. I can’t recall the specifics, but I think it had to do with the fact that Netanyahu had announced, right before heading into peace talks, that Israel would be greatly expanding its roundly [...]

Posted in Civil Liberties, Politics | Also tagged al Qaeda, Amos Harel, Avigdor Lieberman, Benjamin Netanyahu, Binyamin Netanyahu, east Jerusalem, Egypt, Freedom Flotilla, Gaza, humanitarian aid, IDF, international relations, intifada, Israel, Israeli Defense Forces, Jewish settlements, Jordan, Juan Cole, Memorial Day, Muqtada al-Sadr, Palestine, Palestinians, Taliban, Turkey | 20 Comments

Obama in the Big House

By Mark | May 2, 2010

Obama woke me up Saturday morning. The helicopter taking him from Detroit Metro Airport to Ann Arbor, where he was scheduled to deliver the University of Michigan commencement address, went right over my house, rattling the windows, and making the dog go apoplectic.
A friend had offered me commencement tickets, but I was lazy. I [...]

Posted in Media, Michigan, Other, Politics, Uncategorized | Also tagged acts of God, Air Force One, Birthers, commencement, conspiracy theories, Jonas Brothers, Marine One, Obama's socialist agenda, predator drones, tea party, teabaggery, University of Michigan, White House Correspondents Dinner | 7 Comments

Study links Tea Parties, racism

By Mark | April 27, 2010

We’ve certainly suspected this to be the case, but now we have evidence confirming the tie between teabaggery and racism. Here’s a clip from Newsweek:

…A new survey by the University of Washington Institute for the Study of Ethnicity, Race & Sexuality offers fresh insight into the racial attitudes of Tea Party sympathizers. “The data suggests [...]

Posted in Observations, Other | Also tagged Christopher Parker, Obama is a Socialist, race, racism, tea party, teabaggery, the long suffering whites, University of Washington Institute for the Study of Ethnicity Race & Sexuality | 11 Comments

Chomsky on the possibility of fascism, and the importance of financial reform

By Mark | April 17, 2010

Addressing 1,000 people in Madison, Wisconsin earlier this week, well respected MIT linguist and political critic Noam Chomsky reiterated that we should not underestimate the Tea Party movement. He also warned that fascism in the United States may be a distinct possibility. The following clip comes from The Progressive:

…“I’m just old enough to have [...]

Posted in Corporate Crime, Observations, Politics | Also tagged anger, banking, banking reform, class resentment, class warfare, consumer, Consumer Financial Protection Agency, Elizabeth Warren, fascism, fear, FOX News, fraud, free market, Hitler, income disparity, investment banks, Madison, MIT, Nazi analogies, Noam Chomsky, Orpheum Theatre, Roosevelt Institute, Sarah Palin, Securities and Exchange Commission, state capitalism, tax the rich, tea party, teabaggery, things we ignore at out own peril, Wisconsin | 6 Comments

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