ButAsForMe 

Commentary

European Debt Crisis Becoming A Greater Problem

December 18, 2011

After watching Europe’s performance last week the only thing they really were after was an ESM, European Stabilization Mechanism, to tie down all EU nations to a tighter regional set up. As it turns out England and others did not agree. Britain obviously does not want to become part of a new treaty that deprives [...]

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American Detention Has Nothing to do with the War on Terror?

December 18, 2011

As the government runs out of fiat currency, it grows more fearful of the people. Barack Obama has abandoned a commitment to veto a new security law that allows the military to indefinitely detain without trial American terrorism suspects arrested on US soil who could then be shipped to Guantánamo Bay.

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Consumers Saying Bah Humbug!

December 16, 2011

As the race to the bottom of cutting profit margins by retailers continues despite the mainstream media’s hype to convince viewers and readers that the economy has turned a corner and consumer confidence has returned as evidenced by the sales on Black Friday/Cyber Monday, the truth of the matter is that it ain’t necessarily so. [...]

Tagged as: consumers and holiday sales, demise of middle class, demise of the middle class, holiday donations, Middle Class, problems with consumer driven economy, Reformed Liberal, savvy consumers, stock market, unemployment stats, why consumers are spending

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Proposed Agenda For Occupy Wall Street #4: Prevent Another Financial Collapse By Breaking Up Big Banks

December 10, 2011

Strings were never tied to TARP, and as a result Wall Street and the financial institutions have learned zip from their wanton, careless and risky behavior pre-2008.  It is their sheer size that created the nation coming so close to the edge, and if the present problems of the European Union tells us anything is [...]

Tagged as: Break-up the Banks, James Kwak, Proposed Agenda for OWS, simon johnson, vulnerability of u.s banks and corporations to eu crisis

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Merry Christmas Begins With ‘ME’

November 29, 2011

Wall Street rallied on Monday coming off a Thanksgiving Week debacle not seen since the Great Depression and the media asks if the increases in retail on Black Friday and Cyber Monday indicate a change in consumer confidence and a upward swing of the U.S. economy that is 70% driven by consumer spending.  Hold on, [...]

Tagged as: Black Friday, Charlie Rose, consumer confidence, consumer spending, cyber monday, David Brooks, frugal fatigue, narcissism and overspending, Wall Street

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Occupy Wall Street Proposed Agenda #3: Term Limits Necessary To Rid System Of Career Politicians

November 23, 2011

The idea of citizen legislator is fundamental to our democracy, but has been slowly circumvented since the early 1980′s.  Many worthy candidates have been dissuaded from running because of the emergence of one issue PAC groups.  The result has been a disproportionate amount of true believers, on both the right and left, with the more [...]

Tagged as: Loss of Moderates In Government & Resulting Gridlock, Occupy Wall Street, PAC Groups, Political Movements and necessity to put words into action, proposed agenda for occupy wall street, Reformed Liberal

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Proposed Agenda For Occupy Wall Street #2: Lifetime Ban On Elected Officials & Their Staff From Being Employed As Lobbyists

November 21, 2011

The most notorious lobbyist in recent memory Jack Abramoff who had over 100 congressional representatives and senators in his back pocket and wielded power and influence unchecked for so many years has admitted the only sure fire way to limit lobbyist influence is to limit the career choices of elected officials after leaving office–put simply [...]

Tagged as: cleaning up washington d.c. one wrong at a time, jack abramoff, lifetime ban on elected officials and staff as lobbyists, lobbyists, Obama, Occupy Wall Street Rally, proposed agenda for occupy wall street, tax loopholes and post congressional careers, tax rates favor wealthy

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First Order of Business For Occupy Wall Street: Passage of H.R. 1148 The Stock Act

November 13, 2011

CBS 60 Minutes tonight exposed the insider trading going on within the sacred halls of Congress.  ReporterSteve Kroft exposed the inside information that many elected officials are privy to and act upon for personal financial benefit.  Although not necessarily illegal by congressional act, acting upon information for personal gain represents at the least a conflict [...]

Tagged as: Congressional Insider Trading, H.R. 1148, Occupy Wall Street Agenda, S.E.C., The Stock Act

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Obama Cuts Long Term Care Option For Seniors

November 10, 2011

One of the few benefits of Obama care for the middle class has gone on the chopping block–long term care.  CLASS, the Community Living Assistance Services and Supports program has been abandoned by Obama’s Administration leaving a void in a health care system that specifically hits the working class. CLASS was seen as an initial [...]

Tagged as: AARP, CLASS, CLASS another hit on middle class, long term care, Middle Class, Obama Care, YES WE CAN IF WE KNEW HOW

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Maybe Wall Street Would Be Better Off Hiring More Women

November 1, 2011

On Squawk on the Street last week, Jim Cramer and others noted the practical nature of women to look at problems and find a way to solve them.  Citing Merkel of Germany, Secretary of State Hilary Clinton, and Meg Whitman, new CEO of HP,  as examples of women exhibiting a pragmatic approach to problem solving [...]

Tagged as: clinton, eu bailout, hp, hp touchpad, meg whitman, merkel, shortage of women ceo and political leaders, Wall Street

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In Defense of the 1%

October 28, 2011

An unapologetic member of “the 1 Percent,” Schiff argued with all comers for the better part of an afternoon. Schiff is no ordinary observer. As the prinicipal of the financial firm Euro Pacific Capital, he’s a full-fledged and unapologetic member of “the 1 Percent.” As an outspoken radio show host and commentator, he not only [...]

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