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Saturday News Roundup

9/11 landing gear found

News Roundup

It is kind of creepy that a landing gear from the planes that crashed into the World Trade Center was found yesterday.

One of the things that I find very interesting about our society is how myths continue to be perpetuated. One of my favorite myths is the notion that the United States government should balance its budget “because” it is just like your household budget. Absolute craziness. There are almost no similarities between the federal budget and our household budget. I know of no household able to set its own interest rates. I know of no household that is able to print its own money. Yet, we perpetuate this myth.

Paul Krugman went into some detail about the austerity myth yesterday. The austerity fantasy goes something like this – we have been bad as a country, as a nation, as a world. We’ve overspent. Therefore, we must cut back on spending in order to fix the problem. Sure, this worldwide cutback will cause some significant pain, but we are promised that it is going to be worth it in the long run. Again, garbage. There’s no evidence that austerity will pay off in the long run. Instead, as Krugman points out, austerity is about hurting those who really had nothing to do with the overspending. Austerity is about prolonged unemployment. It is time for our government and other governments around the world to recognize that now is the time to spend money on infrastructure. Now is the time to hire millions of unemployed citizens to get our economies back on track.

You know, it was less than two years ago when Netflix simply fumbled the ball. Subscribers were leaving left and right. It was unclear whether Netflix was actually going to survive. It appears that Netflix has weathered the storm and is heading in the right direction. Now, you have to wonder about JC Penney’s and if they can right the ship.

Can somebody explain to me why Democrats agreed to pass a special bill which circumvented the sequester? This is simply astoundingly stupid.

Some residents still cannot get back into their homes (link may require a subscription) and may never be allowed to get into their homes in West, Texas. By the way, who is paying for the rebuilding?

Another Mississippi man has been arrested in the ricin letters.

By ecthompsonmd|2013-04-28T21:56:43-04:00April 27th, 2013|9-11, Corporate Wrongs, Economy|4 Comments

I’m shocked – the USS Limbaugh is clearly taking on water (Update)

Yesterday when I wrote about advertisers leaving Rush Limbaugh, I really thought the tide had settled. I’m happy to say that I was 100% wrong. The tide seems to be turning into an avalanche. JCPenney, Capital One, Netflix, Matrix Direct, John Deere, Stamps.com, Consolidated Credit and many more have decided that Rush Limbaugh does not really represent them and they would rather advertise somewhere else. To date, ~~36 advertisers~~ 45 advertisers have canceled their ads on the Rush Limbaugh show. (Add to the list of those who have left Limbaugh – Cunningham Security, RSVP Discount Beverage, Regal Assets and Norway Savings Bank.)

Sign the petition. We need civil discourse.

By ecthompsonmd|2012-03-07T01:49:41-04:00March 7th, 2012|Civil Rights, Media|Comments Off

Wednesday morning roundup

I just saw Hangover 2. Seriously, why didn’t I just read a couple of reviews before going to see this huge waste of time? My favorite film critic of all-time said, “If you saw that earlier film (which grossed $485 million, so you may have), there’s not much need for me to describe the plot this time. It’s the same story.” Why didn’t I read his review and simply watch the original Hangover which was funny and original? The story of guys screwing up a bachelor party isn’t original, but the story was told in an entertaining and interesting way, the first time. Hangover 2 is simply changing the place and time and giving the same actors a little different venue, Bangkok instead of Las Vegas. Huge waste of time. Don’t see the movie anywhere (in the theaters, pay per view, HBO, Netflix or DVD). See the original or, better yet, see Risky Business which is a much better film and has basically the same theme.
Wisconsin Supreme Court blows a huge raspberry at its lower court and overturns the lower court ruling. Not only is it okay to union bust but it is okay to skirt the rules while you do it.
Spiderman the Broadway play finally opened Tuesday night. I was not on the celebrity list.
Paul Krugman is an economist and should be forgiven for saying something with his outside voice that he should have said with his inside voice. Medicare saves money. Damn it. I typed it. Let’s just pretend that I didn’t type it and Krugman didn’t say it. Okay?!?
Speaking of our health, watching TV increases our risk of diabetes, heart disease and early death.
Capital gains taxes are on the lips of Republicans again… or, rather, still on their lips. It was multi-millionaire Herman Cain who stood on stage during the Republican debate and boldly stated that he doesn’t have enough money, that he needs more money. Let’s lower the capital gains taxes to zero so that he can take home more. Okay, so I’m paraphrasing. This is basically what Republicans have been saying for over 30 years. The problem is that the benefits of cutting capital gains taxes basically stop at the doorstep of the rich. The benefits don’t trickle down to the rest of us.
House Speaker John Boehner may have broken the law when he paid an outside firm to defend DOMA.
Former Blackwater guard sentenced to three years in jail. I’m still wondering when some of the top brass at Blackwater will be sitting for trial.
The Senate votes to keep tax subsidies for ethanol. Republicans are happy to cut programs that help the lower and middle classes, but they can’t cut subsidies for industry.
Remember, in 2008, the Republicans were always looking for someone else to get into the presidential race. In 2012, it looks like we are going to have the same thing. Right now, Republicans are looking to Sarah Palin and Rick Perry. Right now, Rick Perry is gearing up and testing the waters. I’m sure there is a good reason why he compared himself to a prophet. I just can’t think of one right now, can you?
Dallas Mavericks are still world champions!!

By ecthompsonmd|2011-06-15T07:21:42-04:00June 15th, 2011|Civil Rights, Economy, Healthcare, Party Politics, Sports, Taxes|Comments Off