Jonathan Weil, with Bloomberg News, seems to think so, or at least that Bank of America is near slipping back into the financial graveyard after reaping accolades for repaying its its first round of TARP loot. Weil, in fact, isn’t ruling out another bailout ask looming on the horizon, given BAC’s shrinking stock price and […]
Of the questions posed throughout human history few are more pertinent to contemporary culture than one from Pontius Pilate. Pilate, the Roman governor of Judea who presided over Jesus Christ’s trial, uttered the far-ranging query: “What is truth?” Varied opinions are the norm concerning Jesus Christ. Some people see him as a good man, a […]
“In a country where the sole employer is the State, opposition means death by slow starvation. The old principle: who does not work shall not eat, has been replaced by a new one: who does not obey shall not eat.” Leon Trotsky, 1937, from “The Revolution Betrayed: What is the Soviet Union and Where is […]
Pentagon dismisses India armada claim as “absolutely absurd” and “comical.” White House mouthpiece Robert Gibbs shoots down $200M per day price tag. Oh that whacky Indian media. This from ABC News: Pentagon Press Secretary Geoff Morrell did not shy away from dismissing reports that appeared in Indian media outlets, such as the Press Trust of […]
Trade policies are tricky. They are geo-political chess games. But they used to be determined by simple supply and demand basics. If you needed spices from India, you bought spices from India. If you liked Irish crystal and linens, you bought Irish crystal and linens. Conversely, if India needed steel, Pittsburgh supplied it. The U.S. shipped grains all over […]
Obama’s trip to India will cost $200 million a day: The story has been making the rounds, and even landed Rep. Michele Bachmann, R-Minn., in hot water with CNN’s Anderson Cooper, but really – $200 million a day? So reports New Delhi TV: Mumbai: The US would be spending a whopping $200 million (Rs.900 crore […]
Sweet:
Today, many of the incumbents and political elite who were mystified by the public uprising of the Tea Party are leaving office just as bewildered. After nearly two years of rallies, activist, and electioneering the Tea Party Movement has done what many on the left and in the media thought impossible. They united together on […]
From the Randslide in Kentucky to impressive wins in key battleground states across the electoral map, the GOP’s takeover of the US House was bolstered by the sway of an insurgent tea party movement and heralded a resounding repudiation of the policies and politics of President Barack Obama and soon-to-be former House Speaker Nancy Pelosi. […]
Tea Partiers have waited nearly two years for this Election Day. We’ve dreamed about it, worked toward it and suffered unsubstantiated slanders for our efforts. Our opponents, who live for the Washington establishment, call us racists, xenophobes, homophobes, Islamophobes and the sexually derisive “tea-baggers.” We’re Limbaugh’s, Beck’s and Hannity’s puppets, intellectually vapid and thoroughly Neanderthal. […]
