America’s so-called “job creators” have fired 2.9 million workers since 2001 – then hired more than 2.4 million workers overseas
S&P is warning about a new financial meltdown - Will the US taxpayers pay a $5 trillion bailout this time?
You need to know this. It’s going to happen again and it’s going to be much worse. This is the warning issued by the S&P credit rating agency about the chances of our financial markets melting down again. In a report released on Monday, S&P analysts said, "we believe the risks from the U.S. financial sector are higher than we considered them to be before 2008."
In the run-up to the Iraq war – British Prime Minister Tony Blair called theories that the war was motivated by oil interests, “the most absurd.” But according to memos recently released by the UK newspaper the Independent – Blair’s denial is the only thing that’s absurd. The memos show that the British Trade Minister assured BP and other energy firms that they would be given generous shares of Iraq’s vast oil and gas reserves. One memo reads - "Iraq is the big oil prospect.
Hour One: Atlas Shrugged - bizarre philosophy at work
Democracy is on the march OUT of Michigan. Republican Governor Rick Snyder is using his new powers recently granted to him by the Republican state Legislature to take over a city – fire its elected representatives – and bust up unions and cut crucial government services. It’s part of Snyder’s plan to reduce his state’s budget deficit by putting cities that are struggling financially on a fast track to a Libertarian ut
Anything Goes on Townhall Fridays!
Hour One: Brunch With Bernie - Senator Bernie Sanders (I-VT) takes your calls
Hour Two: Latest on the war on democracy...Waukesha, WI - John Nichols, The Nation Magazine
Hour Three: Geeky Science - freeway dangers...not just bad drivers anymore
More criminals are being named in Senator Carl Levin’s report on the causes of the 2008 financial crisis. According to the report – executives at the bank Washington Mutual were feverishly re-selling exploding mortgages to their clients – even though they knew they were completely worthless. In a 2005 memo – Washington Mutual CEO Kerry Killinger told an executive, “I have never seen such a high-risk housing market…this typically sig
President Obama delivered his big deficit-reduction speech yesterday. The President’s plan pledged to cut $4 trillion out of the deficit over the next 12 years by reducing domestic and defense spending – getting more bang for the buck in Medicare – ending the Bush tax cuts – and closing corporate tax loopholes. He also used the stage to draw a clear contrast between his plan and the Republican plan written by Paul Ryan that will lik
Our economy is screwed. Top Republicans have come forward to say they are more than willing to crash our economy by pushing back a vote on raising the debt ceiling until July. On May 16th – our nation is expected to reach its debt limit – and if no action is taken we could be facing a Greek-style implosion of our economy.