Financial

I just received a very official looking domain name extension email for a TLD (.us) that I have nothing to do with. When it's about domain names please read all your email and paper mail carefully. Call a friend or your web hosting provider if you have any questions. Here's an easy tip: I pay $7.95 for a one year domain name rental the email I received wanted $75.95 for one year! Expect to see many more of these scams during a down economy. Be careful.

These A.I.G. "executives" have an unrealistic sense of entitlement like W's Mayberry Machiavelli's. They all need to pay back their wild spending and punished for their bad actions. Support Integrity!

Four top AIG executives flipped U.S. taxpayers the bird by spending $86,000 on a partridge hunt at an English country manor as the feds gave their struggling firm billions to stay afloat.

American International Group agreed Thursday to help the New York State attorney general's office recover tens of millions of dollars in improper expenditures, including compensation given to two former top executives.

John McCain's Health Care Plan:

1. Taxes your employer provided health care benefits as income.

2. Gives a $5000 check to your health insurance company.

3. Leave families on their own to figure out how to cover the balance of the $12,000 family plan premium.

4. Remove consumer protections by letting health insurance companies sell across state lines.

5.Forces 20 million citizens out of employer provided health insurance which makes them vulnerable to not being able to get coverage at all in the individual market because of pre-existing conditions.

DOES THAT SOUND GOOD TO YOU?

HAH! We haven't had a Moment of Truth from the Bush administration in eight years. Everything is played to make the Repugs look better and to hide their self-enrichment schemes from US citizens. The Bush administration consists of party first political appointees who, in my observations, are at best incompetent at their jobs, at worst, liars, thieves, and when caught felons.

Henry Paulson's inept response to the financial crisis is another Katrina moment for the Bush administration. The US financial system is in deflation and the tax payers have bail out the bad players. It appears that this US real estate bubble will now depress the worlds financial markets. Heck of a job Brownie! Bush, Paulson, The Fed, were asleep at the wheel or worse, indifferent to the facts staring them in the face. Same response as Katrina only worse.

In fact this crisis did not have to happen at all if the people in the Banking and Finance markets conducted their transaction in a truthful, transparent, and open manner. So there you have deregulation and the ability of markets to manage themselves. Not a moment of truth to be seen anywhere.

Personally, I'm pissed off and I want the liars and thieves to be expelled and punished.

NY Times columnist Paul Krugman named his column Moment of Truth which set me off writing the above paragraphs. PK's column is a good perspective. Click the title to read it.

Editorial cartoonist Steve Greenburg targets another BIG republican lie.

The U.S. lost 62,000 jobs in June. That's SIX consecutive months of job losses. Just because the government refuses to call it a recession does not mean it is not a recession. I'll say it, WE ARE IN ECONOMIC RECESSION. Now get busy and deal with it!