Former POW With McCain on Why He Should Never Be President.

McCain Picks Sarah Palin as his VP

McCain Picks Sarah Palin the first term Governor of Alaska as his running mate.

Sarah Palin, 44, is a first-term governor who unseated incumbent Gov. Frank Murkowski in the Republican primary in 2006 and went on to defeat former Gov. Tony Knowles, a Democrat, in the general election.

I would say it will be kind of hard to say Obama is not ready for the Presidency when you select the first term Governor of Alaska to be the second in line to a 72 year old. If McCain is elected she could very well one day become the President. Keeping with Republican tradition she is also under investigation in Alaska.

When Sarah Palin was elected governor as a Republican outsider in 2006, she didn't just take on an incumbent from her own party. She took on Alaska's Republican establishment.

Ms. Palin vowed to clean up a long-cozy political system that had been sullied by an FBI corruption investigation. She endeared herself to Alaskans by making good on her reform promises and showing homey touches, like driving herself to work.

Now, one of the bright new stars in the Republican Party has suddenly become tarnished. The state legislature this week voted to hire an independent investigator to see whether Ms. Palin abused her office by trying to get her former brother-in-law fired from his job as an Alaska state trooper.

"This is a governor who was almost impervious to error," says Hollis French, a Democratic state senator. "Now she could face impeachment, in a worst-case scenario."

If you want more pain then vote for Mccain. This just shows it is business as usual for the Republicans who have steadily destroyed the American Middle Class.

Brilliant Speech By Hillary Clinton

I think this speech just sent shivers down the spines of the Republicans who were hoping for a fractured Democratic Convention. The Republicans truly are bad for the average working American. When will the middle class stop voting against their own economic best interests?

Healthcare In America

A Must See - Sometimes The Truth Isn't So Pretty

You Call Him A Maverick. I Call Him Corrupt

John McCain and George W. Bush

They try to say Barack Obama is a risk. Well this is not a risk its a certainty that the policies of the Bush administration would continue under McCain.

Lieberman Is A Worthless Piece of Dirt

Joe Lieberman is a worthless piece of shit who used Barack Obama when he was in the political fight of his life. How does he sleep at night knowing what a useless backstabbing Judas he is? How do you use someone to further your own career then lie about one of the people who helped you stay in the Senate? Today he questioned Obama's patriotism. I can't wait until the Democrats no longer need this idiotic fool. Why doesn't he ask his good buddy John McCain why his adviser, Randy Scheunemann, signed a $200,000 contract to continue providing strategic advice to the Georgian government in Washington and did that contract play a part in his condemnation of the Russian Government? I bet that will never cross his lips. Job LIEberman, the biggest ass of all.

McCain and The Lobbyists

The Truth About Drilling For Oil

Ask yourself one question. Who benefits the most if the oil stays in the ground? The answer is easy. Its the oil companies who want to control the supply to keep prices high.

Jobless Claims Surge

Jobless claims surge to highest level in 6 years.

The number of newly laid off people signing up for jobless benefits last week climbed to its highest point in more than six years as companies cut back given the faltering economy.

The Labor Department reported Thursday that new applications filed for unemployment insurance rose by a seasonally adjusted 7,000 to 455,000 for the week ending Aug. 2. The increase left claims at their highest level since late March 2002.

A program to locate people eligible for jobless benefits played a role in the increase, a Labor Department analyst said. However, the analyst couldn't say how much of a role.

The latest snapshot of layoff filings was worse than analysts expected. They were forecasting new claims to drop to around 430,000.

I wonder if Phil Gramm would consider these people whiners.

Consumer Debt Soars

The Middle Class is now the working poor with a credit line.

U.S. consumers - fortified by the government's rebate checks - boosted their borrowing in June at the fastest pace in seven months.

The Federal Reserve reported Thursday that consumer credit increased at a brisk annual rate of 6.7% in June. That was up from a 3.8% growth rate in May. It marked the biggest increase since November when consumer borrowing grew at a 8.2% pace.

Debt rung up by consumers rose by $14 billion in June from the previous month to a total of $2.59 trillion. That was more than the $6.4 billion over-the-month increase economists were forecasting.

Demand for non-revolving credit used to finance cars, vacations, education and other things, went up at a rate of 6.6% in June, marking a sizable pickup from May's sluggish 1.5% pace.

Meanwhile, consumers' appetite for revolving credit, which is primarily credit cards, increased at a rate of 6.8% in June, a moderation from a 7.6% growth rate logged in May. Consumers have been forced to charge more of their purchases on credit cards as banks have tightened lending standards on other types of loans.

How exactly are they supposed to pay ths back at the incredibly high interest rates charged on credit cards? The answer is they are not. They will just continue to pay interest to these credit card companies and never get ahead. The death of the American Middle class is almost complete.

June Inflation Jumps As Incomes Barely Rise

The bad economic news just keeps coming.

Consumer prices jumped at the sharpest rate in more than a quarter century during June, and consumers coping with soaring costs received their smallest income gain in a year, the government said on Monday.

The Commerce Department said personal incomes edged up 0.1 percent after rising 1.8 percent in May. June's rise was the smallest since April 2007, when income was flat.

On a year-over-year basis, prices rose 4.1 percent in June, up from 3.5 percent in May, for the biggest annual gain since May 1991.

An inflation gauge tied to consumer spending jumped 0.8 percent in June, its steepest gain since a 1 percent rise more than 27 years ago, in February 1981.

You would think with the continual news of a sinking economy that the race for president would be over. We have one candidate who voted to support Bush policies over 90% of the time or we have another candidate who understood the War in Iraq would be a colossal disaster and yet the race is neck and neck. Never underestimate the stupidity of the American electorate. If this country votes to continue these failed economic policies then don't be suprised when we have an economic collapse like Argentina.

Why Can't John McCain Answer A Simple Question?

Unemployment Numbers Are Low But Those Now Working Part Time Soars

The number of workers cut to part time hours soars.

The number of Americans who have seen their full-time jobs chopped to part time because of weak business has swelled to more than 3.7 million — the largest figure since the government began tracking such data more than half a century ago.

This is the result of an economy built on a house of cards that has finally come crashing down. The middle class are surviving on credit that many are unable to pay back.

The loss of pay has become a primary source of pain for millions of American families, reinforcing the downturn gripping the economy. Paychecks are shrinking just as home prices plunge and gas prices soar, furthering the austerity across the nation.

"I either stop eating, or stop using anything I can," said Marvin L. Zinn, a clerk at a Walgreens drugstore in St. Joseph, Mich., who has seen his take-home pay drop to about $550 every two weeks from about $650, as his weekly hours have dropped to 37.5 from 44 in recent months.

Mr. Zinn has run up nearly $2,000 in credit card debt to buy food. He has put off dental work. He no longer attends church, he said, "because I can’t afford to drive."

If you think this can not happen to you, you are sadly mistaken. How did we get here? We got here by electing the most destructive administration in our history. They destroy everything i their path except of course for their cronies who have enjoyed unprecedented financial gain at your expense. Why is this next election even close? Do we all want a repeat of the Great Depression? I can tell you our economic fundamentals are the closest to depression era statistics since that awful period in our history.

We have a negative savings rate for the first time since the Depression. The most home foreclosures in our history and we are now the largest debtor nation on earth. We are also considered a pariah nation by billions all over the earth. This is the destruction that has been perpetuated by this criminals. Just remember John McCain voted over 90% of the time for Bush Administration policies that got us into this mess. Do you really think he will be any better? Wake Up America before it really is too late.

Record Budget Deficit Expected in 2009

Nice work George, you took a record surplus and turned it into a record deficit.

The next president will inherit a record budget deficit of $482 billion, according to a new Bush administration estimate released Monday.

The administration said the deficit was being driven to an all-time high by the sagging economy and the stimulus payments being made to 130 million households in an effort to keep the country from falling into a deep recession.

But the numbers could go even higher if the economy performs worse than the White House predicts.

Also you need to remember that this deficit DOES NOT include the wars in Iraq and Afghanistan which are handled as supplemental expenses and are not included in the numbers.

This administration has destroyed the economic security for the next generation. We will soon see the baby boomers retiring without the pensions that their parents enjoyed. We will see a huge jump in the elderly living in poverty but the rich will have grown even richer. When will the American people wake up and understand that the middle class has become the working poor with a credit line and with credit so hard to come by soon they will just be the working poor. War, lies, poverty and corruption will be the words that define the Bush administration and we as a country will be paying the price for the next generation.

McCain Takes Money From Big Oil To Change His Position on Off Shore Drilling.

Do you still believe that maverick crap?

Campaign contributions from oil industry executives to Sen. John McCain rose dramatically in the last half of June, after the senator from Arizona made a high-profile split with environmentalists and reversed his opposition to the federal ban on offshore drilling.

This man will do anything and say anything to be elected President. He has flip flopped on every issue imaginable but now he has changed his tune to get some money in his campaign coffers. I'm sorry but to me that is bribery plain and simple and taking a bribe is illegal.

When will the media play fair and expose this blatant corruption?

Cost of Fannie, Freddie Rescue - $25B

Once again a company comes hat in hand to the goverment for a bailout. Why is it that the government will constantly bail out these companies that practice horrible business practices yet the homeowner who got in over his head should take some personal responsibility?

The Congressional Budget Office on Tuesday estimated that a government plan to stabilize mortgage giants Fannie Mae and Freddie Mac could cost government coffers an average of $25 billion.

CBO's $25 billion cost estimate is an average based on "the path of housing prices in the next several months." They considered three scenarios: prices stabilize, grow modestly or decline steeply.

The CBO report came out a day or two before the House is expected to debate and vote on a rescue plan proposed by Treasury Secretary Henry Paulson last week. Paulson asked Congress to give the Treasury broad, but temporary powers intended to provide a liquidity and capital "backstop" for the two government-sponsored enterprises (GSEs).

Paulson requested that the Treasury be allowed to offer Fannie and Freddie an unlimited line of credit for 18 months and be given authority to buy stock in the companies if necessary.

Where is the credit line for the average taxpayer who can't make ends meet? Where is the ability to file bankrupcy and start over. Oh thats right those laws were changed to benefit the credit card companies.

Why is it that some companies are deemed too large to fail? Why aren't those companies deemed too large to fail held to a higher standard if they may be coming to the government for a bailout? These companies know that they can do almost anything even skirt legal standards and NOTHING will ever happen to them. You and I will be forced to open our wallets and bail them out while those at the top of those companies are allowed to keep there excessive bonuses.

It is time that government bailouts come at a price for these companies. We must demand the bailout be a loan at prevailing interest rates and we must demand that those at the top help finance the bailout with lower profits. The goverment should become a major stockholder and should share in any future profits.

Inflation At Fastest Pace in 27 Years

Memo to Phil Gramm, people are really suffering.

The Labor Department reported that soaring costs for gasoline and food pushed inflation at the wholesale level up by a bigger-than-expected 1.8% in June, leaving inflation rising over the past year at the fastest pace in more than a quarter-century.

Over the past 12 months, wholesale prices are up 9.2%, the largest year-over-year surge since June 1981, another period when soaring energy costs were giving the country inflation pains.

Phil Gramm doesn't understand the suffering of the average American and he is Mccain's chief economic advisor. He is also responsible for a great deal of legislation that did away with oversight. Imagine him as the Treasury Secretary under McCain. That should send chills down the spine of all middle and lower class Americans.

These people do not have your best interests at heart. They are there solely to facilitate the destruction of the middle class. The understand that without a middle class it is much easier for a ruling class to take and hold power. It has been the middle class that has kept our democracy strong. Kill the middle class and you will kill the democracy but hey that's exactly what they want.

Consumer Debt Surges $8B In May

The financial condition of the middle and lower classes continues to deteriorate.

Consumers boosted their borrowing in May, mostly reflecting heavy credit card use to finance their purchases.

The Federal Reserve reported Tuesday that consumer credit increased at an annual rate of 3.6% in May, roughly the same pace as logged in the prior month.

The pickup pushed total consumer debt up by $7.8 billion to $2.57 trillion. That was a bit more brisk than the $7 billion over-the-month increase economists were expecting.

The increase was led by much stronger demand for a category called revolving credit, which is primarily credit cards. Use of revolving credit rose at a 7.1% pace in May, a month where a flow of tax rebates helped to energize consumer spending. In April, consumers cut back on such credit at a 0.5% pace.

What this reports tell us is that the middle and lower classes are depending on high interest credit cards to meet the ever rising cost of living. Most consumers are at or close to maxing out on their credit and do not have the ability to pay more than the minimum payment. The credit cards companies will see ever greater profits while the middle and lower classes will be choked by high interest payments on this debt. This cycle can only mean that a recovery from this economic mess is nowhere in sight.