Posted by: Jayme Johnson on: July 2, 2011
Think about it. There’s a significant chance that failing to raise the debt limit could provoke a renewed financial crisis — and Republicans would rather take that chance than allow a reduction in tax breaks on corporate jets. via Economics and Politics by Paul Krugman – The Conscience of a Liberal – NYTimes.com.
Posted by: Jayme Johnson on: February 25, 2011
The state of Wisconsin owns a number of plants supplying heating, cooling, and electricity to state-run facilities (like the University of Wisconsin). The language in the budget bill would, in effect, let the governor privatize any or all of these facilities at whim. Not only that, he could sell them, without taking bids, to anyone [...]
Posted by: Jayme Johnson on: November 26, 2010
Then the bubble burst, and those banks faced huge losses. You might have expected those who lent money to the banks to share in the losses. After all, they were consenting adults, and if they failed to understand the risks they were taking that was nobody’s fault but their own. But, no, the Irish government [...]
Posted by: Jayme Johnson on: November 19, 2010
They don’t care about creating jobs unless it helps the stockholders of the particular corporations they have a vested interest in. They also don’t want their tax cuts to vanish, so anything that even smells like it will add to the debt, is rejected by them. It’s competition for their piece of the pie, because [...]
