Tag: bonuses

National Guard recruiters forged re-enlistment papers:

Well, well, well, is this one more isolated incident, under the command of one george w. bush, and with only one State National Guard or were similar incidents taking place in the lead up to the ‘surge’, i.e. escalation, and during other times, in Iraq to make sure there were enough needed warm bodies or were recruiters trying to keep their numbers up for their bonuses!

The Week in Editorial Cartoons – Sarah Palin’s Brilliant FOX Debut

Crossposted from Daily Kos.  I didn’t have the time yesterday to post it here.


This weekly diary takes a look at the past week’s important news stories from the perspective of our leading editorial cartoonists (including a few foreign ones) with analysis and commentary added in by me.

When evaluating a cartoon, ask yourself these questions:

1. Does a cartoon add to my existing knowledge base and help crystallize my thinking about the issue depicted?

2. Does the cartoonist have any obvious biases that distort reality?

3. Is the cartoonist reflecting prevailing public opinion or trying to shape it?

The answers will help determine the effectiveness of the cartoonist’s message.

:: ::

The Teabaggers’ Intellectual

Clay Bennett

Clay Bennett, Comics.com

Sarkozy calls for worldwide bonus limits for financial sectors

Crossposted at Daily Kos

  Overlooked in the coverage of the passing of the great Senator Ted Kennedy is this ground shaking news out of France.

    France’s leading banks agreed Tuesday to curbs on the way they award bonuses, including penalties for traders who lose money for their companies, as part of a push by President Nicolas Sarkozy for worldwide limits on bonus payouts.


    He stressed, though, that international rules are needed to keep French banks competitive, and Sarkozy promised to push the G20 meeting next month in the United States to adopt such measures.

    “While the first signs of stabilization of the economy are here, we are seeing bad habits coming back. I can’t accept that,” Sarkozy told the bankers.

    “No one has forgotten that the financial sector is at the origin of this crisis.”


    Expect more below the fold.


Crossposted at Daily Kos

 I don’t need to tell you that unemployment is through the roof. U6 is at 20+% nationwide, and in NYC it is as bad as anywhere else. At some point, we as a nation need to figure out that the private sector will not save us, rather they are strangling us, but, that is not why I write today, although it is an issue that must be addressed if we are to recover from the Bush/Cheney depression anytime soon.


    In New York City you can see the class warfare at it’s prime. A few bonus baby Wall St types who tanked the whole economy on us yuk it up over drinks while a ton of busboys sweat it out for that extra buck.

    Well, I have hit my breaking point. I have no job, no money, and no more patience. As much as I love the Big Rotten Apple, I have to say Good Bye, New York City.

    This town is too rich for my blue collared blood. I have tried bootstraps. I have tried denying things like health care and dentist appointments, eating out and other non-necessities.

    And I have had enough.

    If that’s moving up then I’m moving out.

Class War 101: We need a new progressive tax system

    It is time to set the top tax bracket above $1,000,000

    As you can see in the graph below, many people live in poverty compared to the few wealthy. Mind you, this graph does not include the Capitalist class of the top 2%

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    This next graph shows how income has grown by percentiles over the last few years. Notice anything?

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   That’s right. The rich get richer and the poor get poorer.

   If this is your first time, welcome to Class War 101

   Anyone with sense can tell that we can not pretend that the American dream is to be a $250,000aire. The dream is to own your own home, to have a family, to have health care when you need it and a retirement and education for our children.

    The way things are going, that will not happen anytime soon.

    40 + years of supply side trickle down free market economics have devastated states and federal budgets. It is time to face the facts. We need a progressive taxation system that adequately taxes the millionaires whose wealth would not be possible without America.

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    After living high on the hog for so long, the rich can not plead poverty

   It is time to get something back.

Why I’m not buying this whole “fire Geithner” thing from the GOP

Has Treasury Secretary, Timothy Geithner, done a good job so far?  Kinda, I wouldn’t give him a gold star or anything.  In fact, I’d say he’s done a mediocre job.  Did he know about the whole bonus thing at AIG?  And what about how the situation that went down with Lehman Brothers?  Bottom line, is the GOP push to have Geithner removed legit?  I say no.