Archive for April, 2010

U.S. Economy Expands as Consumer Spending Accelerates

April 30, 2010

Bloomberg.com

By Timothy R. Homan

April 30 (Bloomberg) — The U.S. economy expanded at a 3.2 percent annual rate in the first quarter as households spent more freely, setting the stage for gains in employment that may help the recovery broaden and accelerate.

The increase in gross domestic product was in line with the median estimate of economists surveyed by Bloomberg News and capped the biggest six-month gain since 2003, figures from the Commerce Department showed today in Washington. Consumer spending rose by the most in three years.

Consumers may play a more prominent role in the recovery, increasing the odds of a sustained rebound, as growing sales at companies from General Electric Co. to Caterpillar Inc. promote hiring. The Federal Reserve’s preferred measure of inflation climbed at the slowest pace on record, highlighting why policy makers are pledging to keep interest rates low.

http://www.bloomberg.com/apps/news?pid=20601087&sid=abRCCmpeNnyg&pos=1

America is returning to normal. Not all Americans are happy about that. Not all TELL AMERICA press sources are happy about that.

Early on, Neocon mouth-pieces publicly hoped “Obama failed”. But since Barack Obama was President of the United States of America – his failure was America’s failure. Since America had already suffered twenty-some-odd years of neocon failures – perhaps the mouth-piece was simply hoping for business as usual.

But the Obama Administration has been anything but “business as usual”. From day 1, the Obama administration  “hit the ground running”. And that must have scared the daylights out of the neocons. They had gotten so close to destroying those parts of America they wanted to rebuild in their own image(although they never displayed skills at building – only destroying) that they did not want to loose now.

Only terrorists had a deeper dislike for the Obama Administration than the neocons. The neocons, their mouth-pieces and their TELL AMERICA press went into action.

One “high ranking” press source morphed a picture of President Obama with a picture of a terrorist and presented that “concoction” as “news” to its reading public.

Some folks in Arizona wanted to place an illegal alien  problem the neocons created twenty-some-odd years ago into the “lap” of the Obama administration.

Another neocon “mouth-piece” “solved” the mortgage meltdown problem – said: “they gave your mortgage to less qualified minorities”.

The neocons went about their business of whipping up public opposition to the Obama Administration in the hopes that the Obama Administration would be as train-wreck prone as the necon administration was. That didn’t happen.

The neocons avoided saying the word R-E-C-E-S-S-I-O-N during their administration. That made it easier to assign the recession word to the Obama Administration. And assign they did. But the Obama Administration is making things better.  The neocons were busy denying there was  a problem.

Goldman Sachs ‘facing criminal charges’

April 30, 2010

Goldman Sachs is under Criminal investigation for the way in which it sold complex mortgage-backed products to clients, reports suggest.

BBC News

April 30, 2010

Earlier this month, the US financial regulator brought civil charges against the bank for defrauding investors.

It alleged that Goldman failed to disclose a conflict of interest, in that a firm advising it on a product was betting it would decline in value.

Goldman denies the accusations and said it was “not surprised” by the reports.

“Given the recent focus on the firm, we are not surprised by the report of a [criminal] inquiry. We would fully co-operate with any requests for information,” a Goldman spokesperson told the AFP news agency.

‘Burden of proof’

The investigation is being run from the US Attorney’s office in New York, according to reports.

To file charges, prosecutors would have to gather evidence that company employees knowingly broke the law.

The burden of proof is higher than in the civil case brought earlier this month by the Securities Exchange Commission, says the BBC’s Steve Kingstone in Washington.

Goldman executives were grilled earlier this week by a US Senate panel.

They were criticised for selling – and profiting from – complex derivatives based on mortgage investments that they knew were very risky, spreading the financial crisis.

http://news.bbc.co.uk/2/hi/business/10092972.stm

Holding business responsible for its actions is at last catching up with the America citizen who has always been responsible for his/her actions.

There has been significant “looking the other way” at legal infractions by the business-centric neocons. And some businesses took advantage of the neocons “management” style.

There did not appear to be much legal risk involved in hiring cheaper illegal immigrant labor – so business hired illegal immigrants.

There did not appear to be much oversight in the food safety category so contaminated peanuts were being prepared for market.

There did not appear to be much risk in using businesses’ facilities to illegally spy on Americans if high ranking American officials asked business to do so. So, business spied on America.

There was a time, long ago, when America’s citizens could synchronize their “citizenship clocks” to the “citizenship clocks” of America’s businesses. But the neocons have relaxed government oversight of business to the point where it might not be legally safe for America’s citizens to behave as business does.

The neocons handled the “rule of law” in their own way. Fortunately, for America, the United States Supreme Court, at that time, protected America’s interests in a way that America understood.

Returning America’s businesses to the idea of responsible behavior may not be easy. Once “addicted” to the “anything goes” behavior – it may be a difficult task to voluntarily withdraw.

The neocons are still IN-DENIAL of a problem with America’s economy or America’s businesses. They fight to retain the status quo. The Obama administration has to fight the neocons and terrorists while making the decisions that will, in time, bring America back to normal.

The neocons, with one exception, are in a class by themselves.

Crist’s fall could signal GOP’s shaky ground

April 29, 2010

From a presidential perspective, we have real [expletive] problems’

msnbc

Politics

ANALYSIS

By Domenico Montanaro

Political Reporter

NBC News

WASHINGTON – Florida Gov. Charlie Crist is expected to announce Thursday whether he will pursue an independent Senate bid, continue on in the Republican primary, or drop his candidacy altogether.

Crist’s political fall has been monumental. Once considered a shoo-in for the seat, the prized recruit of the National Republican Senatorial Committee now trails by more than 20 points to an upstart former House speaker. Crist, strategists say, failed to take Republican challenger Marco Rubio seriously.

His decline is also one of a handful of examples of GOP races across the country in which the Republican Party’s internal ideological battle — a tug of war between the pragmatists and the purists — has been on full display.

Despite GOP’s expected short-term gains this fall – largely owed to the nation’s high unemployment rate — problems still lurk for the party’s long-term stability. Republicans’ ideological civil war, the recent passage of a controversial Arizona immigration law, and an uncertain shortlist of Obama challengers all raise questions about its ability to compete on a presidential level.

“From a presidential perspective, we have real [expletive] problems,” said one GOP operative based in Washington, D.C., who spoke on the condition of anonymity to discuss the state of the party frankly. “From a national candidate perspective, we have real problems.”

Moderates need not apply?
The GOP’s ideological fight has raged since President Barack Obama was elected in November of 2008. Bolstered by the Tea Party movement, GOP purists have argued for the purge of members who fail to adhere to strict conservative views. But some other Republicans worry that the quest for purity will eliminate candidates best equipped to prevail against Democratic opponents in a general election.

http://www.msnbc.msn.com/id/36847707/ns/politics-decision_2010/

Political reporters don’t often share the same content quality or writing style as political bloggers or political columnists. After the flood of “content” from political columnist who are supportive of the train-wreck performance of the  neocons, it is refreshing to read content from a reporter. Why is the reporter’s content so different from neocon cheer-leading columnist and/or bloggers?

Long ago I searched the Internet for attributes of journalists.

I came away from that very long-ago search with four categories that impacted the output of journalists:

  1. truth
  2. opinion
  3. personality
  4. columns

Reporters, by and large, focus on item number 1.

From the above article we read:

The GOP’s ideological fight has raged since President Barack Obama was elected in November of 2008. Bolstered by the Tea Party movement, GOP purists have argued for the purge of members who fail to adhere to strict conservative views. But some other Republicans worry that the quest for purity will eliminate candidates best equipped to prevail against Democratic opponents in a general election

If you are not a neocon, you likely wonder who are GOP purists? Perhaps the acronym GOP is fitting if there are living examples of far-right-wing Republicans who exemplify purity. The neocons have a knack for re-defining words on the fly. But in this case, purity might have the traditional meaning. And that begs the question of “WHY WOULD COCAINE SELLING, PENIS SLICING, WATER-BOARDING, ILLEGAL SPYING, WAR-MONGERING, RESOURCE “ACQUIRING” NEOCONS EVEN MENTION the word purity?

And the purifiers mentioned Ronald Reagan. Would he be the human-being example who all others should mimic? Who would want to become a “dope” pusher? Who would want to “manage”labor by firing labor and telling those who were fired to never come back. Who would want to cut taxes and raise spending at the same time. Who would want to deregulate a $400 trillion dollar derivatives market?

The author of the above post covered topics that the neocon supporters don’t want to even talk about. Perhaps he could get interested in why the neocons brought America into the Iraq war. That was back in April of  2003. America still does not know why it started that war. The neocons did not tell(the truth) and the TELL AMERICA press did not ask.

Why Sarah Palin Would Make a Good President

April 29, 2010

Blog Entry

U.S.News

April 29, 2010

Washington Whispers

By Paul Bedard

As Sarah Palin continues to make political headlines, the mania surrounding her future and potential GOP presidential primary candidacy is heating up. Some think she’ll start a conservative think tank, but many hope she runs for the highest office in the land.

So would she make a good president or not? To answer this, we quizzed our large group of political insiders on whether she would make a good or bad president. Some think her conservative credentials would make her a hit as president. Others say it’s the fact that she’s a military hawk.

http://www.usnews.com/blogs/washington-whispers/2010/04/28/why-sarah-palin-would-make-a-good-president-.html

The neocons, their admirers and their promoters are still filling the blog-waves with baseless RHETORIC. The neocons, their admirers and their promoters are still bottom fishing America for those whose mamas may have raised fools.

Will Sarah Palin make a good president? That question is quite a bit premature.

First, America is still agonizing over the presidencies of  Ronald Reagan(the original neocon) and George W. Bush(the latter-day neocon). Did either of those two make a good President? How can you tell if either made a good president? Can you tell if they made a good president by comparing America before and after their presidencies. Or would one rather look at the “pocket-books” of the “politically connected” before and after their presidencies?

How can you tell if a president was “good” if much of what that president did is still a secret? If a president starts a war and won’t tell the truth about why he started that war – is that good?

Is Reaganomics good? Do the neocons plan to continue using Reaganomics to crash economies world-wide?  Why is this author “messing around” with futuristic questions about the neocons when he could be answering questions about the past behaviors of the neocons – important questions that the neocons have refused to answer.

It appears that neocons, their promoters and their admirers abhors talking about past performance but delights in speculating about future performance. Neocons, their promoters and their admirers do RHETORIC – they don’t do PERFORMANCE.

But past data can be a real harbinger of things to come.

Why do the neocons, their promoters and their admirers refuse to talk about their past data? There is past data on America’s selling cocaine to its own citizens. There is past data on  America’s handling of terror suspects. And  there is past data on America’s handling of its economic recession. All three of those neocon problems occupy their own Pandora’s box. Neocons SQUEALED LIKE STUCK PIGS when non-neocons started to open the “terror suspects” Pandora’s box. And America already knew about water-boarding and penis slicing.

What about America was better after Reagan than before Reagan? What about America was better after George W. Bush than before George W. Bush?

The neocons continue to challenge the idea that “mamas didn’t raise no fools”

There has not been in the past – nor is there likely to be in the future any case where the neocons, their promoters or their mouth-pieces put up a single performance and claim THAT performance is their “ATTA-BOY”. Twenty-some-odd years of dallying with America’s controls and nothing to show for it – unless you are in the OIL Business or perhaps have political connections.

[And the author of the above post apparently  still thinks the neocons were GRAND. Perhaps that can explain why he thinks Sara Palin would make a good president.]

Calling Dope Pedaling “Grand”?

April 29, 2010

Value Judgments, made by the TELL AMERICA press, ought not be made recklessly. GOP is a value judgment added to the Republican party.

Putting Barry Goldwater and the neocons in the same “values category” ought to trigger one’s “propaganda” detector. Going beyond the party label and assigning an ethical value to activities such as penis slicing, water-boarding and the like  should not be sponsored by a Christian nation nor applauded by America’s press.

Daring to call penis slicing, water-boarding and selling cocaine “GRAND” does not appear to be done “tongue in cheek”. After twenty-some-odd years of conditioning the American public to all manner of ethics scandals, illegal activity and train-wreck performances – America may be ready to continue the down-hill slide.

But America’s ombudsmen(voters) need to remember that America’s size makes it impossible to “turn it on a dime”. Results of the ugliness and the incompetence of the neocon administration may be around for some time to come.

It will be pleasant, when once again, the Republican party  can truthfully be called GOP. While values don’t seem to mean anything to some news sources, America has a strong tradition and belief in its values system. And once again it is hoped that the neocons did not stretch American values beyond their elasticity limits. It is hoped that America can return to the time when it was not GRAND to slice the penis of a SUSPECT of any crime.

GOP Not Worried About Financial Reform Backlash

April 28, 2010

U.S.News & WORLD REPORT

By Paul Bedard, Washington Whispers

April 27, 2010

In the face of stories and Democratic charges that they are scared of looking pro-Wall Street in their refusal to OK financial services reform, Republicans say they feel confident that the public is starting to get behind their effort to modify the legislation to help small businesses. Top Senate GOP leadership aides showed Whispers polling and anecdotal information that the public isn’t fully onboard the Democratic reform freight train.

One official noted that Gallup has the Republicans even with Democrats on who can best handle the economy. Both are at 44 percent, a 5 percent drop for Democrats. “And meanwhile, back at the farm, Democrats are talking regulation reform and thinking they’re making big gains,” says one of the Republican leadership aides. “But we think they vastly overestimate the public’s focus on this issue and they’ve squandered so much credibility ramming healthcare through that they can’t just say, ‘This bill is good, the Republicans are bad,’ and have people reflexively believe it like they did a few years back.”

http://www.usnews.com/blogs/washington-whispers/2010/04/27/gop-not-worried-about-financial-reform-backlash.html

First we know that the above is a blog – a tabbed entry on the format of the piece says so. We then have to know that a blog is an opinion – even though it is surrounded by an identifier that says: U.S. NEWS & WORLD RPORT. Next we might consider whether we think the opinion is informed.

The author chose the title of “GOP Not Worried About Financial Reform Backlash”.

The first word of the author’s title is “GOP”. GOP, of course, is the acronym for (G)RAND (O)LD (P)ARTY. In addition to the Republican name – the Republican party, over the years, has been tagged with GOP. Prior to 1980, that worked. The neocons came into power in 1980 and the Grand Old Party became anything but GRAND.

Why would a fine, upstanding author who does political blogging call the party that sold CRACK-COCAINE to minority neighborhoods of Los Angeles California – GRAND?

Why would a fine, upstanding author who does political blogging call the party that settled labor problems by firing labor – GRAND?

Why would a fine, upstanding author who does political blogging call the party that gave America REAGANOMICS GRAND?

Why would a fine, upstanding author who does political blogging call the party that lied about Iraq and WMD’s – GRAND?

Why would a fine, upstanding author who does political blogging call the party that replaced diplomacy with war-mongering – GRAND?

Why would a fine, upstanding author who does political blogging call the party that presided over PENIS SLICING GRAND?

Why would a fine, upstanding author who does political blogging call the party that said “water-boarding is a no-brainer” – GRAND?

Why would a fine, upstanding author who does political blogging call the party that gave Iraq’s massive oil reserves to BIG OIL – GRAND?

Would an author, who takes that kind of liberty with the word GRAND, also take liberties elsewhere in his “piece”?

Likely.

This author said:

… Top Senate GOP leadership aides showed Whispers polling and anecdotal information that the public isn’t fully onboard the Democratic reform freight train. …

When the Republicans wreck a country – they do it “GOOD”. And the Republicans – called GOP by this author, have a lot of experience wrecking America. With a long history of wrecking the economy of America – the Republicans needed a press that would tell America what the Republicans wanted America to hear. And after twenty-some-odd years of performance – it is appalling how much America does not know about neocon performance. The neocons don’t tell and the TELL AMERICA press don’t ask.

The TELL AMERICA press has had an impact on America’s decision making. From cheerleading a Tea Party meeting to morphing a picture of a terrorist with President Obama – the TELL AMERICA press has played an activist role in politics.

President George W. Bush said America was not in a recession in April of 2008. The organization charged with defining recessions, said America’s recession began in December of 2007. And since the press did not widely publicize the error – America was still trying to figure out what the economic “thingy” was that was killing jobs, killing companies, killing banks and killing America’s treasury.

The neocons did not tell and the TELL AMERICA press did not ask.

The Republicans have presided over the wreckage of America’s economy twice. Each recovery had opposition.  During the 30’s Great Depression President Roosevelt had opposition in trying to upright the economy and take steps against the same conditions producing the same results in the future. And this is what he said:

“The first truth is that the liberty of a democracy is not safe if the people tolerate the growth of private power to a point where it becomes stronger than their democratic state itself. That, in its essence, is fascism–ownership of government by an individual, by a group, or by any other controlling private power… Among us today a concentration of private power without equal in history is growing.”

Franklin D. Roosevelt

The article referring to this quote can be read here.

The neocons, with one exception, are in a class by themselves.

Are We Sure Our Mamas “Didn’t Raise No Fools”

April 27, 2010

There is an old saying: “My mama didn’t raise no fools”. But the neocons seem to believe otherwise.

Putting the American population to the “fools test” seems to have developed in 1980. In 1980 America was introduced to a brand of politics that aggressively attacked what had been thought of as common sense. Removing government from America’s lives was the thinking of the extreme right wing of the Republican party – the neocons. What is the value of government to America?

In reality, government is the glue that holds America together. Government is the speed control on America’s highways that helps keep the yearly death toll down. Government is the learning centers that hopes to grow children into responsible adults. Government is the health rules that keeps America’s food supply healthy.

And indeed, government provides the rules that prevents the financial industry from using itself as it sees fit.  Government is concerned with the welfare of the nation as a whole. Government’s bottom line is the welfare of the citizens it serves. And there is no artificial limit placed on the numbers of Americans their government can help – 300,000,000 does not suggest “SOCIALISM”. Are fools needed to embrace the basic performance of the neocon  party?

FOOLS might be just the kind of party faithful a political party might need if it wished to veer away from the tried and true wisdom of the past to an entirely new provocative, non-intuitive way of thinking.

FOOLS might be just the kind of converts a political party might need if it wanted to cut taxes and raise spending at the same time.

FOOLS might be just the kind of support a political party might fish for if it wanted to sell crack cocaine to its own people.

FOOLS might be just the caliber of intellect wanted by the neocons if belief in Iraq WMDs was sought.

FOOLS might be just the human-kind needed to believe a twenty-some-odd year old illegal immigrant problem just developed yesterday.

FOOLS might be just the intellectual type to believe that Republicans, who have never fixed an economic depression – are the ones to fix the current economic recession – although the neocons are still in DENIAL about the existence of an economic recession.

Is there an ample supply of fools in America? Did any mamas raise fools in America? But be careful not to query fools – for “anonymous” warns that one should never argue with a fool:

Never argue with a fool. Someone watching may not be able to tell the difference.

Anonymous

But when the fate of the country is at stake – it is difficult to remain silent.

A fool and his country are soon parted.

US Republicans block debate of finance rules reform

April 27, 2010

US Senate Republicans have blocked moves to start a debate on sweeping reform of financial regulations.

Democrats and Republicans are disputing a bill to introduce the biggest shake-up of regulations for 60 years.

A procedural vote in the Senate would have cleared the way for debate on the bill, backed by President Barack Obama.

Republicans says the bill does not go far enough in its reforms, but Democrats say their opponents just want to protect Wall Street….

http://news.bbc.co.uk/2/hi/business/8644952.stm

The Republicans can now lay claim to being the only American political party that has reined over two American economic disasters. And each time they did not appear to be a part of the solution to the disasters.

Apparently, the business-centric far-right-wing Republicans and Wall Street bankers don’t see a problem. If a Wall Street banker can still command million dollar bonuses while the financial industry he manages melts down – where is the Wall Street problem?

Remember, Wall Street is responsible for its bottom line only. Wall Street and the neocons claim no responsibility for results of government policy that deregulated the financial industry.

The neocons have never actually made it known that a recession found their economic policy enticing. The neocons are, of course, protecting another one of their train-wrecks. They have shown far more concern for their political party than for their political party’s performance.

And what a joke! The bill does not go far enough! America’s current “delicate condition”  is the product of the neocons. The neocons  had twenty-some-odd years to make the bill go farther. They failed to do so. Actually they likely could have saved America’s economy had they not decided, in 2003, to make America’s economy “mo” better.

This is a replay of their illegal aliens performance. The neocons’ rein consisted of twenty-some-odd years of hiring illegal aliens only to scream “illegal aliens” after they were no longer in power.

The neocons, with one exception, are in a class by themselves.

Dems willing to test GOP in Wall St. showdown

April 26, 2010

Future shape and profitability of banking industry hangs in the balance

msnbc

April 26, 2010

WASHINGTON – The most sweeping overhaul of U.S. financial regulation since the Great Depression was slated for a crucial test vote in the U.S. Senate on Monday.

As Wall Street reeled from more revelations out of the U.S. government fraud case against Goldman Sachs, Democrats seized the political initiative to advance their bill, months in the making and said to be 1,340 pages in length.

The future shape and profitability of the banking industry hangs in the balance, more than two years since the worst financial crisis in generations unleashed reforms worldwide.

http://www.msnbc.msn.com/id/36770907/ns/business-us_business/

What a pitiful mess the neocons have placed America in. This is a repeat of what the Republicans did in the 30’s when they reined over America’s first DEPRESSION. After their SOLUTION – TARIFFS - were applied – what had been called a depression became a grand depression. Surprisingly, other countries followed the lead of the Republicans and created their own tariffs.

It would be stupid to experience a bad condition and not try to prevent that bad condition in the future. And the Democrats and President Roosevelt, in the 30′s, worked at giving Americans more confidence in their banking system. The Democrats did not want the dreaded impromptu BANK HOLIDAYS to be a part of America’s banking system.

And so, the American government provided “deposit comfort” to the American people. A government insurance program for ALL AMERICANS might well smack of SOCIALISM to Republicans because there were “too many of them”. But, because of that “deposit comfort” – created as a result of America’s 30’s depression – America did not make a run on America’s banks during 2007’s recession. There was no run on America’s banks  even as bank after bank failed.

And President Bush, himself, reminded Americans that their bank deposits were insured by the federal government. He did not go into details.

A recession/depression pattern is starting to show. It looks like the Republicans might be linked to America’s severe economic conditions. But the Republicans  just seem to be oblivious to a recession/depression pattern that might reflect on their economic policies. And so, being political opportunists – they may see no political opportunity is admitting to what is clearly evident to the “casual observer”.  The “dead horse” of Reaganomics continues to be beaten.

So, a problem for the latter-day neocons is – how to look like responsible politicians without doing anything that might hurt their political opportunities. They never really called a recession a recession so they must handle America’s financial “DOWNTURN” carefully. And that is a “tall order” – if they plan to really approach America’s problems.

America may now see what comes first: America or the far-right-wing of the Republican party.

And yes, this far-right-wing of the Republican party is still called GOP by some in the press business.  GOP means  (G)rand (O)ld (P)arty. This far-right-wing of the Republican party, under which America experienced cocaine selling, penis slicing, war mongering, water-boarding, resource stealing, illegal spying, etc. is called  (G)rand (O)ld (P)arty by some in the press business.

If we were residents of HELL, GOP might be a suitable “moniker” for the “accomplishments” of the far-right-wing of the Republican party. But although America is heading somewhere – it is not in HELL yet.

Global CIO: IT Jobs Claw Back From Crushing Recession

April 25, 2010

U.S. market shows glimpse of growth in the first quarter, but also a hugh number of unemployed IT pros.

InformationWeek

Global CIO

By Chris Murphy

InformationWeek

April 7, 2010

U.S. companies added information technology jobs–26,000–in the first quarter of this year, giving some hope that the IT job destruction from the recession is over. This marks the first time in almost two years that the U.S. economy has added IT jobs for two straight quarters.

The snapshot today is this: U.S. IT jobs have stabilized, and show glimmers of growth. The market will need much more than glimmers, though, to rebuild the almost 300,000 U.S. IT jobs still lost from the recession. A huge number of IT pros remain unemployed out there.

The data comes from the Bureau of Labor Statistics, which conducts a monthly Current Population Survey and issues quarterly reports estimating the number of people employed and unemployed, broken down by job categories. InformationWeek pulls out the eight IT jobs categories for analysis.

Here are the first quarter numbers: IT employment rose to 3.84 million, up from 3.81 million in Q4 2009 and 3.77 million in Q3 2009. These are estimates based on surveys, and a 26,000 jobs addition is a very small move. But looking at trend line, the IT jobs market is better than it has been since middle of 2008, though there remains a huge number of unemployed IT pros. Three of the last four quarters have shown IT job growth.

http://www.informationweek.com/news/global-cio/careers/showArticle.jhtml?articleID=224201946

America is recovering from the train-wreck management of the neocons. The neocons’ VOODOO ECONOMICS helped more than one country’s economy to “nose dive”. America’s business, via deregulation, was given the power to crash America’s economy.

Business is responsible for its bottom line only. While Americans were loosing jobs by the thousands, business was still using H-1B to hire foreign workers. Why – the same reason that business hired illegal immigrants – attractive labor costs.

While Americans were seeking any kind of work at all – including “DAY LABORER” jobs – that was not a problem for business. That was a problem for GOVERNMENT. No matter how the neocon’s business centric behavior gave business the power to crush America’s economy – it was and still is the responsibility of GOVERNMENT to manage America’s economy. However, the neocons gave a heavy push-back on their recognition of America’s 2007 recession.

Ignoring an all encompassing RECESSION until it was well entrenched is not a sign of good leadership. And finally calling a fully qualified RECESSION(December, 2007) a business downturn(April, 2008) makes one wonder – where is the position of leadership supposed to be in problem resolution?

Are leaders supposed to be out front or bringing up the rear? In racing to put out the fire of recession – would leadership occupy the driver’s seat or the TILLER’S seat?

In the neocon’s administration of the country’s business, where did the buck stop? Who was responsible for the train-wreck performances? Did the buck stop at “less qualified minorities”? The neocons have mined America’s “fault-lines” in order to cover up their train-wreck performances. The neocons’ train-wreck performances have a twenty-some-odd year history. And through their “quaint” in-denial process they seem to have ignored their train-wrecks(including selling cocaine to Americans) and now “BOLDLY” TELLS AMERICA about their “PURITY” campaign,

The neocons, with one exception, are in a class by themselves.


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