In a previous article, I expressed my disapproval of the Occypy Wall Street (OWS) movement. The organization – like the Tea Party – has no leader. However, unlike the Tea Party, it is full of people who have no clue what change they want and how they want to attain it. On the one hand, there are Ron Paul supporters who are tired of crony capitalism – the close relationship between business people and the government in effort for the latter to enact legislation that is favorable to them without any regard to its impact on the people. On the other hand, there are socialists and communists who demand that the government tax the rich, take over areas such as health care in the form of a single-payer system, and demand that the rich pay college students’ loans, among other things. Continue reading
Tag Archives: Republicans
We all read, watch and listen to the news quoting the Congressional Budget Office (CBO) when it comes to the U.S. budget. Oftentimes we detect through our eyes or ears the word “non-partisan” before the name of the institution – a guarantee for transparency and equity both to reporters and other people in what’s going on with the federal government spending. How trustworthy are the team of economic and public policy analysts that comprise the CBO though? Is it a myth that it is non-partisan? Who appoints these experts? Continue reading
The current economic and financial crisis, which has lasted for more than two years so far, urged both experts and non-experts to reconsider their views about the size of their government, its involvement in their lives and also their spending habits and plans for their future. Unemployment rates have hit the two digits, while most of us – regardless of whether we are employed, underemployed, unemployed, laid off, or looking for a job – have lost money in one form or another. Some of us have lost money because of what is going on with the financial markets, others got themselves into schemes and so on. These issues returned politicians back to the stage. Continue reading
A year after President Barack Obama was sworn in, the political picture in the U.S. looks almost completely different – like in s reallignment. Rachel Maddow was mocking the Republican Party days after Election Day calling its decline a “free fall,” and other MSNBC hosts and guests called the GOP “small, regional and white” going as far as offering that it changes its ideology a little to the left for the sake of its survival. Such calls sound great if trends in life never change though. Continue reading
When talking about New York politics, the name of former New York City Mayor Rudy Giuliani often pops up. He ran for President until the Florida primary after which he knew that he didn’t stand a chance (and money which was the main reason why he hadn’t campaigned in Iowa and New Hampshire) against John McCain, Mike Huckabee and Mitt Romney. However, despite the fact that he hasn’t held political office for the last eight years, he is still considered a possible candidate for President in 2012, for Governor in 2010, and now for U.S. Senate in 2010. What political position should he run for though is the question to which there have been tons of speculations. Continue reading
A disturbing news for the Democratic Party, and the Republican Party to a certain extent, has appeared on Yahoo! Finance. Raj Rajaratnam, a Wall Street billionaire, originally from Sri Lanka and with dual citizenship, whose net worth is valued at $1.3 billion, was arrested, together with six hedge funds managers for allegedly conducting insider trading schemes which generated illegal profits of $25 billion. Continue reading
Pat Buchanan surprised me with his Townhall column entry where he expressed support for President Obama’s stance on what is happening in Iran. I didn’t expect that, as on a Hardball issue several weeks ago he supported former Vice-President Richard Cheney on his speech against the same person he is now defending.