You  supported nothing. You have no plan  This is nothing but rhetoric.
You have no power to do anything.
You in fact are no more than  an obstructionist. You couldn't get 20 Republicans to agree on the same stimulus plan. It's time to work for a better America. Leave partisanship behind.
 Now learn how to negotiate a plan that will work or resign and give your spot to someone who can.

Tell those bums on Wall Street the first people they need to fire is their Human Resources dept. And their  skill recognition team.
It is their overpaid salesmen, driven by greed, that got us into this miss. And I will not stand for my tax money to pay bonuses for their incompetence.

Don't you understand that America gave Reaganomics and trickle down 16 years to work. Time has proved it is a miserable failure.

Society creates all wealth. Not Business. Businesses don't reinvest tax refunds. They hoard the money, Then borrow more to continue in business.
The wealthy have taken their tax refunds  and invested it into commodities that only goes to drive up inflation. They haven't spent  a nickle to create new jobs.

Wake-up,  America is more than tired of the same old Reaganomics.
We are damn mad at the mess it has gotten us into..

You know things are bad When!

I was in WalMart on White Lane yesterday about 5:30pm.
About ½ of the employee’s were dusting off merchandize. Not stocking.
You know things are bad when  product stays on the shelves at WalMart long enough to collect dust.

Breaking News.  13 Jan, 2009  2:38 PM

This Morning,  Supervisors discovered  9 month old Lacie  streaking  across her living room .    Immediate and appropriate Action was initiated. Lacie was subdued and  immobilized on her back.
A #3 diaper was firmly applied and Lacie was transported to her playpen.

Breaking News Team.

PaPa

 

Wrong, Just plain WRONG.

Per today’s TBC.  Page A-7
In 2007 San Joaquin Banks 2 top CEO’s each received over 1 million dollars in compensation plus stock options, travel expenses and other compensation.

The Bank had 887 million dollars in assets.

That works out to over 1 dollar in compensation for every 445 dollars in assets.  

Something just seems wrong about that.

Anyone agree.

Don, more bad news for the speculator.

Jet flies on Bio fuel.

Air New Zealand, which hopes to use one million barrels of biofuel a year, or about 10 percent of its fuel consumption, by 2013, said the flight was the world's first commercial aviation test flight powered by jatropha.

From:
http://uk.reuters.com/artic...

 

American Troops in Iraq can now be tried in Iraqi Courts.

Let’s make sure we all understand that Bush Jr. has signed an agreement with Iraq that will now subject U.S. troops to Iraqi law and Iraqi courts.

It is shameful for any trooper inserted into a area of combat.
To become a subject of a foreign nation.

Another dishonorable agreement by the Bush regime in the name of Crude Oil and Corporate imperialism.  

 

DonMason,

Please read:

Crude stockpiles at the key US storage facility at Cushing, Oklahoma, rose by 21 per cent last week to 27.5 million barrels as recession sapped oil demand in the world’s biggest economy. The depot could be full within three weeks, Barclays Capital said in a research note.
From :
http://www.thenational.ae/a...

TK continues:


Long or short Crude over the past 1 ½ years and you lost your shirt. (Unless your buying your own contracts). The speculators made sure of that. To many fees, to many hidden little gadgets and costs to allow for a average Joe to have made money on the commodities last year.

There  are millions of  barrels of 100 dollar + crude sitting in the Cushing depot. That’s were the speculators have to store their contracts. That’s 10% of America’s storage. Bankruptcies have already started. And everyone is trying to dump their high dollar contracts.  

As the February contract comes due the contango is going to fade and those who bet on 33 dollar January contracts are going to lose  any chance of a profit to fees and storage costs. Storage costs will rise to unheard of levels as the last tank is topped off.

Airlines, trucking firms railroads are all going to be dumping their 100 dollar February contracts to the first sucker that will take them off their hands for 30 bucks. .   

If you read my posts carefully. I don’t propose a 20, 40, or even 50 buck crude. I would like to se stability.

If we would have given the speculators the boot a year ago. Stuck with 70 buck crude. We would be sitting at 70 buck crude today. Kern producers wouldn’t be scrambling for buyers and Flying ‘J’ wouldn’t be in bankruptcy.

The housing bubble may have kicked America’s economy in the shins.  But take away America’s vehicles. Deny them their mobility and their pickup trucks/SUV‘s.
You destroy their feelings of self confidence and security. $4.50 gas  drove the economy to it’s grave.

It wasn’t just crude in which speculators went rampant. Look at the commodities charts on Bloomberg.com.

You can’t even get 90 cents a pound for beef on the hoof today.