Google Analytic

Sunday, September 25, 2011

Whatever Happened to the American Left?

To paraphrase the labor martyr Joe Hill, the left should stop mourning its recent past and start organizing to change the future

Whatever Happened to the American Left?

Is the GOP a Religion?

If you ask why I remain such a strong Obama supporter, it is because I see him as that rare individual able to withstand the zeal without becoming a zealot in response, and to overcome the recklessness of pure religious ideology with pragmatism, civility and reason.
Is the GOP a Religion?

Monday, September 12, 2011

Who owns America? Hint: It's not China – Global Public Square - CNN.com Blogs

Here's a quick and fascinating breakdown by total amount held and percentage of total U.S. debt, according to Business Insider:



•Hong Kong: $121.9 billion (0.9 percent)
•Caribbean banking centers: $148.3 (1 percent)
•Taiwan: $153.4 billion (1.1 percent)
•Brazil: $211.4 billion (1.5 percent)
•Oil exporting countries: $229.8 billion (1.6 percent)
•Mutual funds: $300.5 billion (2 percent)
•Commercial banks: $301.8 billion (2.1 percent)
•State, local and federal retirement funds: $320.9 billion (2.2 percent)
•Money market mutual funds: $337.7 billion (2.4 percent)
•United Kingdom: $346.5 billion (2.4 percent)
•Private pension funds: $504.7 billion (3.5 percent)
•State and local governments: $506.1 billion (3.5 percent)
•Japan: $912.4 billion (6.4 percent)
•U.S. households: $959.4 billion (6.6 percent)
•China: $1.16 trillion (8 percent)
•The U.S. Treasury: $1.63 trillion (11.3 percent)
•Social Security trust fund: $2.67 trillion (19 percent)
So America owes foreigners about $4.5 trillion in debt. But America owes America $9.8 trillion.



Who owns America? Hint: It's not China – Global Public Square - CNN.com Blogs

GOP and Obama's jobs plan: Do Republicans oppose the president's economic policies for ideological reasons or political ones? - By Jacob Weisberg - Slate Magazine

You can't stop President Obama from reaching out to Republicans; it's what he does. In Thursday night's speech, he tried two separate maneuvers—reminding them of their support for stimulus measures in the past and accepting the good faith of their opposition. "Now, I realize that some of you have a different theory on how to grow the economy," he said. "Some of you sincerely believe that the only solution to our economic challenges is to simply cut most government spending and eliminate most government regulations."

GOP and Obama's jobs plan: Do Republicans oppose the president's economic policies for ideological reasons or political ones? - By Jacob Weisberg - Slate Magazine