40380. jexster - 11/20/2008 8:20:38 PM And people are tired of corporations, financiers and economic experts running around like Henny Pennies demanding that the rest of us pay up or else the sky will fall 40381. jexster - 11/20/2008 8:23:31 PM Krugman last night on Rachael Maddow dismissed "bailout fatigue" as "not creditable"
Oh really. Maybe not on the quad at Princeton 40382. jexster - 11/20/2008 8:28:16 PM Very creditable
From Left Populist via KOS
In all the talk about $700 billion bail-outs, $25 billion Big Three rescues and a Dow Jones average that ended Wednesday below 8000 points for the first time in five years, other statistics have nearly vanished in the shuffle. Among them: the one-in-eight Americans who struggled to feed themselves adequately in 2007 even before the economic downturn. From 2000 to 2007, the proportion of those affected rose from 10.5% to 11.1%. That's 36.2 million people.
Other findings, as reported by the Associated Press:
• The families with the highest rates of food insecurity were headed by single mothers (30.2 percent), black households (22.2 percent), Hispanic households (20.1 percent), and households with incomes below the official poverty line (37.7 percent).
• States with families reporting the highest prevalence of food insecurity during 2005-07 were Mississippi (17.4 percent), New Mexico (15 percent), Texas (14.8 percent) and Arkansas (14.4 percent).
• The highest growth in food insecurity over the past nine years came in Alaska and Iowa, both of which saw a 3.7 percent increase in families who struggled to eat adequately or had substantial food disruptions.
Nationwide, children suffering from a severe disruption in how much food was available to them rose 50 percent, from 430,000 in 2006 to 691,000 in 2007, the worst year since 1998. Not Congolese fleeing the chaos of civil war. Not Dickensian orphans. Americans in the 21st Century.
These grim statistics were included Monday in an annual report on what is euphemistically called "food insecurity" by the U.S. Department of Agriculture. Results for 2008 won't be available until this time next year. With the broadest measure of unemployment (called U6) up 40% since last year - we're now at 11.1% vs. last November's 7.9% - it takes no imagination to guess how much worse the situation will become.
To which the Demo policy elite's response is - let them drive Malibus?
Alternatively, you think you are hungry now pay up or starve
I don't think Krugman and Co have a clue and THAT is the real danger40383. jexster - 11/20/2008 8:36:00 PM WOW...Nancy's demanding that the Bloodsuckers actually present a business plan..detailed business plan about how they'll spend your billions
and then after Crimmus they consider it
After spending a little quality time with Santa Claus and their constituents 40384. jexster - 11/20/2008 8:43:15 PM 1500 of every GM car is for health insurance
1000 for Wonkers health insurance
The rest of us can get high on Escalade exhaust fumes....cut down the surplus population of the uninsured 40385. David Ehrenstein - 11/20/2008 8:45:13 PM Latest FaBlog: The Marrying Kind 40386. David Ehrenstein - 11/20/2008 9:33:05 PM Lying Bitch Revealed -- Media Yawns 40387. thoughtful - 11/20/2008 9:40:23 PM This is so dangerous....they're all playing hot potato with a flask of nitro. The financial situation is not healing at all...it's like a festering wound. It is in serious need of excision and antibiotics and bandaging. Instead these jamokes are dithering with handouts like $250B (anyone know where it went? anyone see it buy us anything at all???) Then they decide to change how it's being handed out. There is zero accountability....heck I'm not sure there's even a receipt! This is the Iraq financial fiasco on steroids.
Meanwhile the real US economy is taking it on the chin and we're in for what is certainly the longest recession since WWII if not the deepest. People are losing jobs, losing homes, and the folks at the treasury are only listening to the very same folks that led to this collapse in the first place.
Heller couldn't pen something this absurd if he tried. 40388. jexster - 11/20/2008 10:48:05 PM Convicted Felon Ted Stevens got a Standing Ovation in the Senate
JoeMentum got an important Committee Chairmanship
Do I hear a motion to adjourn? 40389. jexster - 11/20/2008 10:49:03 PM Really Thoughtful. The gall of these people requiring a BUSINESS PLAN for a 25 billion loan 40390. jexster - 11/20/2008 11:07:54 PM Jexie's hot stock tip
GM 2.50
Sell short 40391. TheWizardOfWhimsy - 11/20/2008 11:09:19 PM The Daily Show with Jon Stewart
Does That Get Me Fired? - Lieberman & Stevens
40392. jexster - 11/20/2008 11:16:11 PM The homosexual agenda -- is your town next?
A DVD produced by the American Family Association warns of one town it says is "becoming the San Francisco of Arkansas"
My Hometown
Springsteen - Paris 1985
40393. jexster - 11/20/2008 11:29:33 PM The Eureka Springs they knew is gone. It is now a national hub for homosexuals. Eureka Springs is becoming the San Francisco of Arkansas.
Can I stay and your house Arky? 40394. jexster - 11/20/2008 11:31:05 PM Look at the place!
Welcome to Eureka Springs
We're not even a footnote in God's plan 40395. jexster - 11/20/2008 11:59:54 PM Tracy Chapman and The Boss
40396. thoughtful - 11/21/2008 12:12:08 AM someone told me that someone asked each of the auto ceos if they took a private jet to the meeting and they all answered yes. then he asked if each of them would be willing to give it up and fly commercial if they got the govt loan and they all said no.
so much for personal integrity.
imo, what is needed is a serious shareowner revolt and these ceos who have allowed their cos to go belly up ought to be in jail. they all have a fiduciary responsibility to act in the best interest of the share owners and they have all failed. They have over paid themselves at shareholder expense, they have risked and lost the value of the share owner investment for the sake of their own short term personal aggrandizement, and they continue to manage as if they have done nothing wrong and no changes need be made. These guy are not owners of their own firms....they are EMPLOYEES of the company. Time to call these crooks on the carpet. 40397. jexster - 11/21/2008 12:14:29 AM God Bless him!
Pat Buchanan feels closer to Wonkers than ever!
What happened to our shipbuilding industry? We used to build 4 Liberty Ships a day in WWII
Yes we did. Henry Kaiser did. My first non-govt job out of law school was with one of his companies..KILLED BY JAP DUMPING
Not by me 40398. jexster - 11/21/2008 12:15:57 AM If John Dingellberry and Wonkers had backed McStain, GM would be counting the cash with Joe Lieberman 40399. wonkers2 - 11/21/2008 12:22:28 AM FYI, I've never been a fan of Dingle.
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