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July 2, 2009

Change You Can Believe In? (Brent Budowsky)

@ 12:05 pm

Here are some headlines you may have missed while we have spent the last week inundated with the national discussion about Michael Jackson:

* Citigroup raises credit card interest rates for 15 million customers while other banks add rate increases after the "reform" bill passes.

* Bank fees against customers rise to historic highs after “reform" bill passes.

* Foreclosures and delinquencies continue to rise. > Read More


June 30, 2009

Republican Sex Hypocrites Owe Bill Clinton an Apology (Brent Budowsky)

@ 11:25 am

Starting with Mark Sanford and John Ensign, the large contingent of Republican sex hypocrites owe Bill Clinton an apology. Remember when they called for Clinton's impeachment, the most profound act in our democracy? Where are they now? What a bunch of phonies! Don’t you agree?

I don’t play holier-than-thou. Personally I wish Obama had named Eliot Spitzer, one of the few who got it totally right about Wall Street corruption, to a high regulatory post. But isn't it amazing how many Republicans have a double moral standard, and how it seems that when Democrats get embroiled in sex scandals they usually leave office, while Republicans usually remain? > Read More

June 24, 2009

Did the President Surrender on the Public Health Option? (Brent Budowsky)

@ 12:48 pm

Yes, he did.

The president should have said at his press conference that a public option must be included in the healthcare bill, that the public favors it and that he would go to the country and fight for it.

Instead, the president said a public option is a good idea and he favors it at this time. > Read More

June 19, 2009

Presidential Pooch or Public Health Plan? (Brent Budowsky)

@ 10:24 am

Today the White House formally released its official photo of the president's Portuguese puppy. Over two previous days we learned about the president's ability to swat a fly. Before that we heard about the president's date nights. Do the phrases "overexposed" and "cult of personality" ring a bell?

Meanwhile, The Wall Street Journal reports that credit cardholders are in expanded revolt against rip-offs after passage of the credit card bill, The New York Times reports that small business is being crushed by rate increases on credit cards, healthcare is bogged down, lobbyists are in full attack, Democrats hold a big fundraiser sneaking lobbyists in through the backdoor and liberals worry (correctly) that the president might retreat (again), this time on the public health plan. > Read More

June 10, 2009

Boozing Bankers Celebrate Their Wealth and Triumph (Brent Budowsky)

@ 9:28 am

Yesterday, many banks escaped from the Troubled Asset Relief Program (TARP) — and last night they were celebrating their good fortune at their favorite taverns.

Don’t miss the lead story in today's New York Times, describing how these bankers were toasting their triumph, confident that happy days are here for them, that their pay will further improve "even if the broader economy does not.”

Banks were given trillions of dollars to loan, but they didn't loan, and now they are paying back the money, and still don't loan. The president will impose compensation limits on banks that receive TARP money, once they no longer receive TARP money. He will gently, politely ask the other banks to limit compensation, and while they lift their next brew, they will gently, politely ignore him. > Read More

June 3, 2009

Oh My, Cheri Jacobus is Upset with Me (Brent Budowsky)

@ 3:27 pm

I sympathize. Obama is stealing one Republican after another to join his evil empire, and you are upset about it. I understand. Why don’t you join us, too? I can arrange it, you know, and you will not be required to call the president a messiah, or call the American Dream judge a racist, and it would be so much more fun, I promise. I hear there are several entertaining ambassadorships still up for grabs. Join us, Cheri, and the world could be yours!

Ron Christie Attacks the President's ‘Muslim Ties’ (Brent Budowsky)

@ 1:04 pm

I will not dignify Ron Christie's attack on President Obama's "Muslim ties" with a detailed answer, except to note that this is what has made the Republican Party what it is today, and it is high time an American president seek Middle East peace by attempting to honorably reach out to all parties, of all religions, with a major-league ambassador, and a major-league commitment, to this hard but important mission. I could write more, but won't.

May 29, 2009

On Sotomayor: Right-Wing Hate Targets American-Dream Judge (Brent Budowsky)

@ 9:57 am

Judge Sonia Sotomayor is the American Dream judge by any American standard — someone who started without advantages, worked hard, excelled often and rose to great heights through diligence and talent. Yet here comes the right-wing hate machine, desperate to foment fear, at times appealing to racism, determined to defame a great American and destroy what is left of the sectarian Republican Party.

Let’s be clear. The public face of the Republican Party on this issue, as on most, is: America's most brilliant radio entrepreneur, Rush Limbaugh, devoutly admired by supporters but viewed as an extremist buffoon by millions of swing voters. Newt Gingrich, America's most ambitious politician, seeking to go for the political jugular but unable to resist the gutter-ball. And Tom Tancredo, who has done more than any living Republican to turn Hispanics to the Democrats through the manner in which he conducted the immigration attack. > Read More

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May 22, 2009

I Stand with the Speaker and Against Guantánamo (Brent Budowsky)

@ 12:00 pm

Washington is experiencing déjà vu.

Republicans play the politics of fear and many Democrats run for cover. Republicans play the politics of personal destruction, in this case attacking the Speaker, and many pundits parrot the spin and pretend it is news. Washington wages its war of words while troops in Afghanistan fight without everything they need to win. > Read More

May 19, 2009

Obama, Democrats, Republicans Support Credit Card Rip-Offs and Rate Hikes (Brent Budowsky)

@ 3:27 pm

Now the Senate has passed a bill that would allow credit card abuses, rip-offs, interest rate hikes and fee increases to continue for nine more months.

The president didn't tell you this in his town meeting or radio address. Democrats who passed this don’t want you to know this either, but it is true. The effective date of this travesty of a bill is nine months from the date of enactment. Until then, all abuses continue and probably accelerate. > Read More

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