The health care bill — call it insurance reform if you prefer — is of middling substance but in the current political climate in America, it is much better than nothing. The corporatists, fundamentalists, reactionaries, fascists, and just plain fearful, have waged all out war against all reform and all who have worked in good faith to bring our nation out of the dark ages of every-man-for-himself. The fact of the matter is that given their angry constituents, who are dazed and confused by events and the apocalyptic rhetoric of the right, many of those in congress who voted Yes have placed their political fortunes in serious jeopardy come November. President Obama should seize this moment to stand on the high ground of this hard won victory and stiffen some spines by publicly celebrating those who, when it got right down to it, put right actions before self-interest. The bottom line is that for whatever reasons, they did step up, and that’s a step in right direction.
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- Lip Reading Babies: Utter nonsense!
January 17, 2012 | 8:54 pmSays psychologist David Lewkowicz of Florida Atlantic University, who led [a] study published yesterday…
’The baby in order to imitate you has to figure out how to shape their lips to make that particular sound they’re hearing,’’
Can you “figure out” why this is utter nonsense? I should as obvious as monkey see, monkey do. With this sort of thing passing for science, we are surely doomed.
- The Mark of Cain
November 9, 2011 | 3:13 amWatching Herman Cain duel with his female accusers is like watching the Jerry Springer Show. Not a pretty picture. If you partake, be sure an wash you hands afterwards.
- The Truth About Sovereign Debt
November 1, 2011 | 4:01 pmDuring the housing bubble people bet on rising home prices by taking out loans on to-good-to-be true terms and investment banking made bets on the rising home prices by lending on to-good-be-true terms. Everyone drank the Kool Aid. Prices went down. Having made bad bets, home owners should default on their loans and bankers should take their losses. This is the simple-minded logic of every-man-for-himself market economics.
The nations that joined the EU placed bets on rising economic prosperity that would come from joining the EU and adopting the Euro and borrowing from the EU banks on to-good-to-be-true terms. The EU investment bankers made speculative bets on EU member nations by lending them billions on to-good-to-be-true terms. The borrower economies went down not up. Everyone drank the Kool Aid and having made bad bets the borrowers should default on their loans and the bankers should take their losses. This too, is the simple-minded logic of every-man-for-himself market economics.
So how do the bankers hold the world hostage to their bad bets? They claim they are too big to fail. In other words, the only game they know is heads they win, tails we lose.
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