Category Archive: fiscal cliff

Dec 03 2012

Boehner takes the bait

Speaker John Boehner is not a stupid man. Which is why political junkies are wondering aloud what he was up to with a highly unpopular, rather crazy counter proposal to avoid the fiscal cliff coughed up by House Republicans today. How bad is it? It’s bad:

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Dec 02 2012

Anyday now they’ll start calling us angry

profits wages

When the pampered Wall Street CEO class nuked the economy, shown by the red-colored needle shaped drop in corporate profits just before 2010, it was US wage earners who rode to their rescue, securing their multimillion dollar bonuses and cushy jobs. The same working middle class whose wages shown in blue never recovered. At first the CEO class …

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Nov 28 2012

Ethan Rome takes the wood to spoiled CEOs

Let’s say you’re a pampered CEO making millions, and you create the most toxic debt known to mankind, debt so poisonous it blows up and crashes the entire US economy, throwing millions of taxpayers like me into the snapping jaws of unemployment and misery. Then tax payers like me bail your rich ass out to the tune of …

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Nov 27 2012

Buffet brings the wood to Republican apologists for zillionaires

It remains to be seen what kind of deal Obama will be able to wrestle out of the House this year or next, but in the meantime billionaire investor Warren Buffet paddles the spoiled rich with a vengeance in the NYT. Billmon follows up with up a salient point where upon the GOP toys with throwing their mildly affluent …

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