Archive for Debt Ceiling

Democracy For Sale: U.S. Banks Received $7.77 Trillion In Federal Reserve Secret Payments

Nov 28, 2011 4 Comments by

I really wish the education of  inner city kids, or American workers weren’t too big to fail, unlike the banks that make up our financial industry. While the budget deficit and subsequent budget cuts continue in wake of the recent super-committee failure, said industry continues to prosper. In a newly released report by Bloomberg News, we now know [...]

Barack Obama, Budget Cuts, Budget Deficit, Campaign Meme, Debt Ceiling, Economics, GOP, Housing Crisis, Politics, taxes, The Economy, The Real News Network Read more

Super Committee, Super Suckers, & Super Fail

Nov 22, 2011 1 Comment by

As if we didn’t see it coming, the Super Committee has failed to reach an agreement. Government legislative dysfunction aside, faced with the humongous task of cutting $1.2 trillion off the deficit over the next ten years without a cape, did we really expect them to pull it off? No, in all seriousness, like most of you, I never [...]

Barack Obama, Debt Ceiling, GOP, Politics, Republicans, The Real News Network, Video Commentary Read more

So Tavis Smiley & Cornel West are "Uncle Toms" for Their "Poverty Tour", According to Steve Harvey?

Aug 10, 2011 17 Comments by

Tavis Smiley and Dr. Cornel West – two of Black America’s least favorite Negroes right now – have embarked on what they call a “Poverty Tour”. My guess is they plan to criss cross America highlighting  the millions of Americans negatively impacted by the Great Recession. You know, judging by policy choices and enactments on Capitol [...]

Affordable Care Act, Black Democrats, Black Men, Budget Cuts, Budget Deficit, Current Events, Debt Ceiling, Detroit, Economics, Entertainment, Featured, Health Care Reform Bill, Michigan, Obama Administration, Political Humor, Politics, Race Matters, Reality, The Media, Urban Culture Read more

John Boehner: It's Not My Fault That Not Enough People Are Hedge Fund Managers!

Jul 07, 2011 No Comments by

God Bless The “Hedge Fund Loophole” & The Republicans Who Protect It So while there’s an ongoing debt ceiling debate over cuts in spending and the need for and increase in revenue by removing gov’t subsidies to huge corporations. Did you know that just by eliminating the tax loophole for hedge fund managers itself, would raise more [...]

Debt Ceiling, Hedge Fund Managers, Republicans, taxes Read more

Pat Buchanan:"Obama Will Cave" [VIDEO]

Jul 07, 2011 No Comments by

You know what? Given recent history, and the fact that not raising the debt ceiling will signal a cataclysmic end of the world as we know it, Pat Buchanan is probably right. As shitty as it is for Republicans to be holding America hostage once again. What else can you expect ? President Obama has [...]

Debt Ceiling, Morning Joe, Pat Buchanan, The Economy Read more