The Good. The Bad. And the Very Very Ugly.
By Louise
The Good. Al Franken for wielding the gavel on Liebermann. Finally someone told Joe Lieberman to SHUT UP! Thanks Al.
The Bad. The Financial Corporate Terrorists. Bankruptcy Judge James Peck is allowing Lehman Brothers's employees, held over to liquidate and settle derivatives contracts, to receive 50 million dollars in bonus money. Its collapse in October 2008 marked the lowpoint of the financial crisis. Wouldn't that money been better spent on all the extra homeless and folks show up at foodbanks - that this financial debacle caused?
The Very Very Ugly. First Premier Bank - It's no mistake. This credit card's interest rate is 79.9 percent. The bloated APR is how First Premier Bank, a subprime credit card issuer, is getting around new regulations intended to curb abusive practices in the industry. It's a strategy other subprime card issuers could start adopting to get around the new rules. The banksters will always, it seems, find a way to stick it to us...and that's why trying to regulate healthcare won't work. Has to Be Medicare Part E- Everyone.
Comments
#2
It's time for a 51 % majority in the Senate to take control .Even if the Republicans take over in the near future .. We're on a slippery slope and picking up speed . I for one ,want to get to the bottom in a hurry .So I can get off and get working to getting back to the top . May God Bless the World .
Thom's Blog Is On the Move
By webmaster
Hello All
Thom's blog in this space and moving to a new home.
Please follow us across to hartmannreport.com - this will be the only place going forward to read Thom's blog posts and articles.
Images of Thom
At Mondragon - both the mountain and the cooperative city - in Spain (written about in "Threshold" book)
From The Thom Hartmann Reader:
"Through compelling personal stories, Hartmann presents a dramatic and deeply disturbing picture of humans as a profoundly troubled species. Hope lies in his inspiring vision of our enormous unrealized potential and his description of the path to its realization."
From Unequal Protection, 2nd Edition:
"Beneath the success and rise of American enterprise is an untold history that is antithetical to every value Americans hold dear. This is a seminal work, a godsend really, a clear message to every citizen about the need to reform our country, laws, and companies."
From Screwed:
"Thom Hartmann’s book explains in simple language and with concrete research the details of the Neo-con’s war against the American middle class. It proves what many have intuited and serves to remind us that without a healthy, employed, and vital middle class, America is no more than the richest Third World country on the planet."
The republicans and conservative Democrats have shown no reluctance to salt the earth and poison the wells. In the meantime the moderate, and some liberal Democrats seem reluctant to piss on their campfire. It's time to get rid of the filibuster rule and go with a simple majority mechanisim in the Senate. Put up or shut up, Republicans and Democrats have been hiding behind this archacic rule for too long. Nothing happens until change is possible.