Monthly Archives: August 2011

Democracy R.I.P.

Posted on August 11, 2011 by Arlen Grossman

Thom Hartmann echoes what I’ve been writing, the 2010 Citizens United decision of the conservative Supreme Court has destroyed what was left of our democracy. Hartmann is more generous in saying we are a just a few years from being … Continue reading →

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“Who Can I Compromise With Now?”

Posted on August 11, 2011 by Arlen Grossman

Is it just me, or do other people have this image in their mind of President Obama standing with his economic and political advisors with a “deer in the headlights” look on his face? You know, like the pictures of … Continue reading →

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Bad News From the Badger State

Posted on August 10, 2011 by Arlen Grossman

The failure of Democrats to pick up more than two of the six state senate seats in Wisconsin is immensely discouraging.  As I wrote yesterday: “If the huge amounts of campaign money sent in to sabotage the recall effort can … Continue reading →

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BPR Quote of the Day: Strip Poker

Posted on August 9, 2011 by Arlen Grossman

“It’s plain enough that Obama is a quitter by nature. As someone joked bitterly last week, he turns up for a strip poker session already down to his shorts.” Alexander Cockburn  (after the debt ceiling bill was passed last week.)

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Bigger Than Wisconsin

Posted on August 9, 2011 by Arlen Grossman

The implications of the recall elections in Wisconsin Tuesday are huge. What happens will tell us much about the political landscape and balance of power in America. Have the Republicans, personified by Gov. Scott Walker and his legislative allies in … Continue reading →

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A Poor Standard

Posted on August 8, 2011 by Arlen Grossman

The Standard and Poor’s credit rating agency, which helped cause the last financial meltdown, downgraded the U.S. Credit rating last week, contributing to a new financial meltdown.  Standard and Poor’s was among the credit agencies that gave its high AAA … Continue reading →

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U.S. Debt: Some Historical Perspective

Posted on August 7, 2011 by Arlen Grossman
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BPR Quote of the Day: Whiny Mentality

Posted on August 7, 2011 by Arlen Grossman

Well, no wonder this country is having so many problems: “Americans, endowed by their solicitous government with an ever-expanding array of entitlements, now have the whiny mentality that an entitlement culture breeds.” –George Will,  Pulitzer Prize-winning syndicated columnist Fox Business

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Republicans = Obstruction

Posted on August 7, 2011 by Arlen Grossman

As Congress enjoys their summer break, it looks like there will be no presidential recess appointment of the first head of the new Consumer Financial Protection Bureau. President Obama, bowing to Republican opposition, had already dismissed the idea of appointing the best … Continue reading →

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The Death of Mark Pittman

Posted on August 6, 2011 by Arlen Grossman

Mark Pittman, one of the Bloomberg reporters mentioned in my August 5 post, The Death of Capitalism, was an award-winning finance journalist who predicted the collapse of the banking system in 2007, and in conjunction with Bloomberg News, became the … Continue reading →

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