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Does Anyone Still Believe...
...that Reaganomics, aka "trickle down", aka "voodoo economics", aka "enrich the wealthy and we'll all be better off", aka "piss on you economics" works?
WASHINGTON - A government report says construction of new homes plunged 4.5 percent last month to the lowest level on government records, as U.S. builders slashed production while Wall Street nose-dived.
The Commerce Department reported Wednesday that construction of new homes and apartments dropped more than expected to an annual rate of 791,000 units from an upwardly revised September rate of 828,000 units. Previously, the slowest pace had been in January 1991, when the country was in recession and going through a similar housing correction. The government’s records date back to 1959.
Not to put too fine a point on it, 1991 was towards the end of Reagan's second term.
Convicted Felon Narrowly Loses Election
Senator Ted Stevens of Alaska, convicted last month on federal ethics charges, lost his bid for a seventh term as final ballots were counted on Tuesday, giving Democrats at least 58 seats in the Senate for the first years of the Obama administration.
Apparently, ethics don't matter to GOP supporters.
This also closes a door for Moosalini to "bust through" by appointing herself to the Senate.
Has there been too much bipartisanship?
It's always hard to add anything to Greenwald.
Where is the evidence of the supposed partisan wrangling that we hear so much about? Just examine the question dispassionately. Look at every major Bush initiative, every controversial signature Bush policy over the last eight years, and one finds virtually nothing but massive bipartisan support for them -- the Patriot Act (original enactment and its renewal); the invasion of Afghanistan; the attack on, and ongoing occupation of, Iraq; the Military Commissions Act (authorizing enhanced interrogation techniques, abolishing habeas corpus, and immunizing war criminals); expansions of warrantless eavesdropping and telecom immunity; declaring part of Iran's government to be "terrorists"; our one-sided policy toward Israel; the $700 billion bailout; The No Child Left Behind Act, "bankruptcy reform," and on and on.
Most of those were all enacted with virtually unanimous GOP support and substantial, sometimes overwhelming, Democratic support: the very definition of "bipartisanship." That's just a fact.
Cheney, Gonzales indicted
What Liberal Media?
Thanks to our pals at Crooks and Liars.
It's been out for a while, but still cannot be mentioned enough. Project Censored, a media research and analysis group based at California's Sonoma State University has released the 25 Most Important Stories that are completely ignored by the mainstream media. They are:
#1. Over One Million Iraqi Deaths Caused by US Occupation
# 2 Security and Prosperity Partnership: Militarized NAFTA
# 3 InfraGard: The FBI Deputizes Business
# 4 ILEA: Is the US Restarting Dirty Wars in Latin America?
# 5 Seizing War Protesters’ Assets
# 6 The Homegrown Terrorism Prevention Act
# 7 Guest Workers Inc.: Fraud and Human Trafficking
# 8 Executive Orders Can Be Changed Secretly
# 9 Iraq and Afghanistan Vets Testify
# 10 APA Complicit in CIA Torture
# 11 El Salvador’s Water Privatization and the Global War on Terror
# 12 Bush Profiteers Collect Billions From No Child Left Behind
# 13 Tracking Billions of Dollars Lost in Iraq
# 14 Mainstreaming Nuclear Waste
# 15 Worldwide Slavery
# 16 Annual Survey on Trade Union Rights
# 17 UN’s Empty Declaration of Indigenous Rights
# 18 Cruelty and Death in Juvenile Detention Centers
# 19 Indigenous Herders and Small Farmers Fight Livestock Extinction
# 20 Marijuana Arrests Set New Record
# 21 NATO Considers “First Strike” Nuclear Option
# 22 CARE Rejects US Food Aid
# 23 FDA Complicit in Pushing Pharmaceutical Drugs
# 24 Japan Questions 9/11 and the Global War on Terror
# 25 Bush’s Real Problem with Eliot Spitzer
The Whackos Didn't Go Away
They just lost this time.
The Religious Right And Election 2008: Down But Not Out
After eight years of unprecedented access to the White House and (until 2006) in the halls of Congress, Religious Right organizations are about to lose a lot of clout with much of official Washington and could see their influence at the national level diminished.
But it’s unlikely any of these organizations will close down. Rather, they will organize to defeat individual-freedom initiatives put forward by President Barack Obama, and they will place more emphasis on state and local governments as a way to press their agenda forward.
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