I thought I would try to make this as simple as possible: Here is my take on understanding the current financial crisis. All you need to understand is the history (and eventual repeal) of the Glass-Steagall and Bank Holding Company Acts.
Following the 1929 stock market crash, historic legislation called the Glass-Steagall Act was signed […]
Entries Tagged as 'Politics'
What caused the financial crisis? Repealing the Glass Steagall and the Bank Holding Company Acts
December 11th, 2008 · 2 Comments
R.I.P. Posse Comitatus - 3rd Infantry Division Deployed Domestically
December 2nd, 2008 · No Comments
This is something I thought you should be aware of…
The Posse Comitatus Act is intended to prevent the government from being able to use the federal army for domestic security. The Posse Comitatus Act is why you don’t see tanks rolling down Main Street.
Constitutionally, and through legislation, state and local governments are responsible […]
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George Carlin on Politics
November 15th, 2008 · No Comments
“Americans will remain willfully ignorant of the big red, white and blue dick that’s being jammed up their assholes everyday.” - George Carlin
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Election Results from Google
November 5th, 2008 · No Comments
Tags: Politics
I am voting for Barack Obama
November 4th, 2008 · 2 Comments
I am voting for Barack Obama.
Tags: Personal · Politics · LiquidWeb · Blogroll
Deciding who to vote for: Will my McCain friends, please provide me some reasons to vote for him?
October 30th, 2008 · No Comments
Less than a week to election. I’m deciding who I will be voting for. Will my McCain friends, please provide me some reasons to vote for him?via Ping.fm - 12:41am - 21 Comments
Jim at 12:56am October 29 - He’s only slightly less liberal that Barack.
Don at 1:04am October 29 - Pity vote?
Jim […]
Video from Lansing on February 15, 2003 - Worlds Largest Coordinated Peace Protest
October 26th, 2008 · No Comments
As a follow up to my post on Not In Our Name I put together a short video that I shot at the peace protest in Lansing on February 15, 2003.
I decided to post this because many people, including one of my college professors, wrongly think that everyone believed the lie’s that lead to […]
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The story of Not In Our Name (a reminder)
October 24th, 2008 · No Comments
On March 23, 2002 an organization was founded called Not In Our Name (NION) to make a statement of conscious against the United States governments actions following the attack on September 11th. NION’s statement of conscious included:
We believe that as people living
in the United States it is our
responsibility to resist the injustices
done by our government,
in […]
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Interesting Additions to the “bail-out”
October 22nd, 2008 · 2 Comments
From the time that the “bailout” was originally proposed to the time it was actually ratified, a lot of non-bailout items were added to pork-it-up. Here are some of them:
“Sec. 503. Exemption from excise tax for certain wooden arrows designed for use by children.”
“Sec. 317. Seven-year cost recovery period for motorsports racing track […]
Eric Schmidt Solves the Energy Crisis in 1 hour. With math, not passion.
October 21st, 2008 · 2 Comments
Eric Schmidt solves the energy crisis in 1 hour with detailed math calculations to justify his case. Long story short, Nuclear is too costly to justify any additional plants, off-shore drilling is a loser, solar thermal is extremely viable and wind is as reliable as coal.
Some other key points from Eric and the […]
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McCain’s Financial Policy Needs To be About More Than Just Low Taxes
October 13th, 2008 · 2 Comments
I absolutely agree with the McCain supporters that say increasing taxes is a horrible idea. I agree that increasing the income tax on people (and many businesses/S-corporations) earning more than $250k/year is a bad idea and will hurt many businesses at a time when many are already hurting.
Increasing taxation is wrong. Increasing taxes on […]
I’m voting for Cressbeckler
October 8th, 2008 · No Comments
Old, Grizzled Third-Party Candidate May Steal Support From McCain
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Warren Buffett on Charlie Rose Oct 1 (Video)
October 2nd, 2008 · 3 Comments
Warren Buffett, the richest man in the world, talks with Charlie Rose for almost an hour about the current financial crisis. This is a must watch for anyone who really wants to cut through the rhetoric and figure out what is going on. Long story short, Warren warned about this looming problem for years, however, […]
Michigan Medical Marijuana and Stem Cell Research - “Yes” on Proposal 1 & 2
October 2nd, 2008 · 1 Comment
Michiganders please vote “YES” on Proposal 1 - “A LEGISLATIVE INITIATIVE TO PERMIT THE USE AND CULTIVATION OF MARIJUANA FOR SPECIFIED MEDICAL CONDITIONS” (Bill Text) As many of you know, my mother has multiple sclerosis.
I hope that you will also consider supporting Proposal 2 - “A PROPOSAL TO AMEND THE STATE CONSTITUTION TO ADDRESS […]
Tags: Science · Personal · Video · Politics
College Students Get Foodstamps/BridgeCards
September 19th, 2008 · No Comments
I just found out something that shocked me, college students that are 100% capable of working using welfare (food-stamps) to avoid getting a student-job. There is even a facebook group for college students who aren’t ashamed to be on food-stamps!
Here’s how it works, the student signs up for classes and uses financial […]
You just gave an $85B loan to AIG, Congrats! You’re the proud owner of more debt.
September 17th, 2008 · No Comments
AIG made some horrible decisions. They invested in mortgage backed securities that were comprised of mortgages that were given to people who wouldn’t be able to afford them. AIG knew what they were doing but they figured the risk was small because the housing market was doing so well for so long. They were […]
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Why I Don’t Support McCain/Palin
September 16th, 2008 · 9 Comments
Here are a few of the reasons why, although I favor low taxation and freedom, I will NOT be voting for McCain/Palin.
- I vocally objected to the invasion of Iraq and I firmly believe our presence there will continue to cause unrest and violence. (McPalin believe it’s possible to invade and occupy a country through […]
Obama vs. McCain
September 15th, 2008 · 4 Comments
I don’t understand how the race can be “neck and neck” according to traditional polling, yet all of the online tracking indicates that Obama has a much greater following. (I suppose the same thing was true of Ron Paul.) Take a look at the difference in size of their respective Facebook groups and the […]
ADHDRoadmap.com does an endrun around Pharma TV Commercial law
September 8th, 2008 · No Comments
There is a commercial going around from ADHDroadmap.com that looks to be an information public service announcement but is actually an advertisement from the makers of Adderall. I find this incredibly misleading and probably a violation of the television pharmaceutical advertising laws which require a description of the potential side effects. This […]
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Fantastic video on income inequality
August 25th, 2008 · 2 Comments
Set to some good music, Senator Bernie Sanders talks about the growing income inequality in America.
How much money did the top 400 people spend in a year, on average, on watches?