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POPS The Myths Of Clintonomics The media assume the Clinton tax hikes somehow stimulated the economy, and are cheering on Obama's plan. Obama would raise the top rate "back to where Bill Clinton had it at the time of the greatest bull market, the greatest economic growth in the history of the country," Best Life editor Jack Otter told CNN. "Bill Clinton's tax rate was not a punitive tax rate. It didn't harm the economy." In fact, the economy grew in spite of, not because of , the Clinton tax hikes. The bull market took off precisely when then-Fed Chairman Alan Greenspan took his foot off the brakes and hit the gas in 1995. It was also then that Republicans took control of Congress — further blunting the effects of the Clinton tax torpedo that had taken effect the previous year. Their "deficit-reduction plan" didn't create the surpluses at all. They were a direct result of a tidal wave of capital-gains revenues generated by the GOP-led stock boom.
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POPSBonuses to Bankers - From the Taxpayers OK - the democrats are in power. Let's see how they can prevent their lobbying pallies from getting huge megabonuses funded by taxpayers. Ain't gonna happen, folks. These fat cats are in democrat politician pockets, and there are no greater whores than democrat pols, who would sell out their own mothers for $$ and power.
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POPSFinally Bust at Liar's Poker "Sooner rather than later, there would come a Great Reckoning when Wall Street would wake up and hundreds if not thousands of young people like me, who had no business making huge bets with other people’s money, would be expelled from finance."
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POPSSuspicious: Mexican Minister Killed in Plane Crash Could be a hit job, for he was also a rising political figure, and had many other officials on the plane, including former asst. Attorney General (read Prosecutor). Has alot of the marks of a political targeting (Mexican mafia cartels), not just an accident. It crashed into the financial district too. Someone was "sending a strong message" perhaps, that "accidents can happen" to those who mess with the drug cartels. Video by BBC at link. Who wants to be the next Interior Minister in Mexico (involved in battling drug trade)? Any takers?
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POPSPraying for Wall St. And hoping no one notices the total hypocrisy of the situation. "Jesus is stated to have visited the Temple in Jerusalem, Herod's Temple, at which the courtyard is described as being filled with livestock and the tables of the money changers, who changed the standard Greek and Roman money for Jewish and Tyrian money, which were the only coinage that could be used in Temple ceremonies. According to the Gospels, Jesus took offense to this (extorting profit from the exchange of monies), and so, creating a whip from some cords, drives out the livestock, scatters the coins of the money changers, and turns over their tables, and those of the people selling doves."
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POPSPoem: 69th Regiment (The Irish) The author Joyce Kilmer served with the 69th Regiment (165th Infantry) during World War I. He held the rank of Sergeant. He was killed in action on July 30th 1918, while gathering intelligence for the Regiment during the battle of the Ourcq. He wrote many poems about the Regiment including "Memorial Day," "Rouge Bouquet". His most famous poem was "Trees".
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POPSExplanations for the Palin spending spree "I saw the RNC statement on Gov. Palin’s $150,000 clothing bender on the RNC's tab. This caper is gonna make for a long day at the office for the good folks at the RNC/McCain press operation. Thought I’d offer a little help in a humorous vein; some other possible spin lines for the RNC."
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POPSTech Layoffs Should Be Mild Call it the silver lining to a very dark cloud. But most tech companies grew slowly and sensibly during the recent bull market, and so are well positioned to survive the current bear.
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POPSDon't Celebrate Just yet I wonder if the Rethugs think theycan still win with some creative vote fraud bull--accusing the Dems of what THEY are quietly doing--But Kennedy and Palast are on them like flies on the shit they are.
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POPSThe right answer on Acorn Forget the partisan bull. If ACORN is paying people based on either quotas or the number of registrations submitted, that is wrong, stupid and bad policy. And if they are on Obama's side, they aren't doing him any favors. Stop whining about partisan politics and being defensive, tell us how you operate and what you do.
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POPSStock Market Follow Through Day An Investors Business Daily follow-through day. Not all follow through days lead to bull markets, but all bull markets begin with a follow through day. Or so they say!
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POPSPit Bull Armory - plate mail for dogs and horses, and humans, and... squirrels? Yep, squirrels . What a nut. And I say that in the most complimentary way possible! The world would be a poorer place without people like this artist.