alan greenspan

Home » alan greenspan

News Roundup – Rand Paul, Shooting at LAX, Alan Greenspan

Senator Rand Paul, if you didn’t know it, is running for president. The last thing he needs is to stick his foot in a big vat of nastiness. There may not be enough time to get the smell off between now and the presidential election. Back in 1988, Senator Joe Biden was running for president. He got caught up in a plagiarism scandal that took him more than a decade to shake. He has never really been a serious presidential contender since (when he was running in 2008, he really was not running for president, but was auditioning for the vice presidential spot.) So, now we have Rand Paul. He is a self-proclaimed Libertarian, which is some sort of flavor of Republican-lite. Anyway, the Rachel Maddow Show found that Senator Paul basically took a whole section from Wikipedia and read it verbatim. Following that, BuzzFeed found a couple more incidences in which Senator Paul burrowed information from Wikipedia… and, here’s the important part… without citing the source. I don’t mind his borrowing sections from Wikipedia or from wherever, as long as he says, “I read this in Wikipedia the other day.” He can even use the obscure reference, “I remember reading the somewhere…” He does neither here. So, just like other conservatives before him, he is now blaming Rachel Maddow and stating that she has “an agenda.” It appears to me that Rand Paul has been caught with his hand in the cookie jar. (more…)

By | 2013-11-01T21:46:46+00:00 November 1st, 2013|Healthcare, Obama administration, Party Politics, Senate|Comments Off on News Roundup – Rand Paul, Shooting at LAX, Alan Greenspan

News Update – Larry Summers, Fast Food Strike, SNAP Benefits

News Roundup

I don’t know about you, but I’m sure tired of Larry Summers. He decided, along with Alan Greenspan and Robert Ruben, that we did not need to regulate derivatives. As a matter fact, he went so far as to make sure that Congress passed a law which would prohibit the regulation of derivatives. Derivatives were the exact weapons of mass destruction that killed the world economy in 2007/2008. Nope, we don’t need any more of Larry Summers. I have no idea who should be Fed Chair, but it can’t be and shouldn’t be Larry Summers. President Obama, just say NO!!!

In the history of the United States, there are very few companies that change because it’s the right thing to do. Looking back over the last century or so, we find that companies begin to pay workers more because they are pressured into it. I like the fact that fast food workers are trying to pressure their employers to pay them more money. They’re not making a living wage.

SNAP benefits are going to be cut. This is not good.


By | 2013-08-04T22:13:28+00:00 August 1st, 2013|Economy, Sports|Comments Off on News Update – Larry Summers, Fast Food Strike, SNAP Benefits

Saturday Evening News Roundup

Saturday Evening News Roundup

Matt Taibbi has read Paula Bradwell’s biography of General David Petraeus. I appreciate his efforts. As a rule of thumb, I usually stay away from these types of biographies. They tend to be nauseatingly sickly sweet. They tend to fall on the subject in such a way as to make you think of two lovers in the backseat, fogging up the windows. Taibbi’s assessment of this biography is that it is basically exactly what you’d expect. There is no deep analysis. There’s no thoughtful retrospection. There’s nothing but praise. Interestingly, Matt goes on to tell us that the mainstream media does this type of non-critical journalism all the time. Remember when Time had Robert Rubin, Alan Greenspan and Larry Summers on the cover? They were dubbed the committee to save the world. No, seriously. That’s what Time called them. Now, as it turns out, not so much.

President Obama would like for more of us to shop local. Notice, he sets the example.

I continue to enjoy the fact that Allen West has conceded to Patrick Murphy.

Remember back in January when Pat Robertson, a longtime host of the 700 Club, told us that God had spoken to him and that God was no fan of President Obama? Several days ago, Pat Robinson had a mea culpa. He said, “so many of us miss God, I won’t get into great detail about the election but I sure did miss it, I thought I heard from God, I thought I had heard clearly from God, what happened? What intervenes? Why?” The answer is obvious. He did not hear anything from God. Instead, he heard his own prejudices. This is exactly why I think it is crucial that all of us, both Right and Left, understand that God is not a supporter of Democrats or Republicans. The God that I worship is a supporter of all mankind. He wants everyone to do better. Matthew 7:15 – Beware of false prophets, which come to you in sheep’s clothing, but inwardly they are ravening wolves.

By | 2012-11-26T21:31:57+00:00 November 25th, 2012|Economy, Elections, Obama administration, Party Politics|Comments Off on Saturday Evening News Roundup