Thursday, October 21, 2010
All Things Considered ran a story last night on the foreclosure crisis and recent moves for a moratorium. The turned to the problems in Arizona and interviewed someone who hopes to make money off of people getting thrown out of their homes. Our state treasurer, Dean Martin. In some states, public officials, including treasurers, have [...]
I heard some audio from the debate over taxing bonuses paid out by companies that recieved TARP money. Dan Lungren of California made the argument that the tax amounted to a “Bill of Attainder,” which would be unconstitutional. Lungren spoke passionately about not enacting laws just designed to go after one group of people just [...]
I recieved a statement from Harry Mitchell’s office last night, and I understand that he will have a longer statement later today: Like most Arizonans I am outraged that AIG would hand out extravagant bonuses while receiving taxpayer assistance to keep the company afloat. It is a slap in the face to taxpayers who are [...]
I went over the roll call vote on the bill to impose a 90% tax on bonuses employees of companies taking stimulus money. It goes without saying that this was in reaction to the huge bonuses being given to the employees of AIG Financial Products, who, if anything, should be giving back their bonuses, business [...]
I grievously stole this from Talking Points Memo. According to them, the picture at the right is of Gerry Pasciucco, who runs AIG Financial Products. The folks at TPM have a good take on his selection of t-shirt: Given how AIGFP helped bring global capitalism to its knees, the choice of t-shirt might suggest a [...]
In case you missed last night’s lucha libre between Jon Stewart and Jim Cramer, TPM has posted it. Once again, I’m pleased at how thoughtful Stewart’s questions were. This thing could have been a snarky shouting match, but instead he laid out an indictment of the failures of CNBC and the entire financial news industry. [...]
Also filed in
|
|
Tuesday, February 17, 2009
J. D. Hayworth is out of power, but he still has the power to make me embarassed that I live in the state that elected him in the first place: Kind of funny watching him try to out-blowhard Chris Matthews. This is the best these guys can do? UPDATE: Salon’s Scott Bateman has his own [...]
Saturday, January 31, 2009
Freeport McMorAn Copper and Gold is laying off 1,500 workers from its mine in Morenci. This spurred a series of rumors in the area that the Arizona National Guard would be called in to assist the company for a mass eviction of workers from company housing. My old friend Walter Mares from the Copper Era [...]
Monday, November 17, 2008
I guess the automakers are going hat in hand to the government. It’s too bad that they can’t take out loans in the private sector. Gee, wouldn’t it have been great if someone thought to, I dunno, give billions of dollars to the big banks so that they would be freer to loan money in [...]
Also filed in
|
|
For those that have asked…here is the Arizona delegation’s vote on the “rescue package.” The rescue package…you used to get to buy that for those Adventure People figures, right? Jeff Flake (R – Mesa) – Nay Trent Franks (R – Glendale) – Nay Gabrielle Giffords (D – Tucson) – Aye Raúl Grijalva (D – Tucson) [...]
Also filed in History, US Congress
|
Tagged Bob Stump, Ed Pastor, Gabrielle Giffords, Harry Mitchell, Jeff Flake, Jim Kolbe, John R Murdock, John Shadegg, Jon Kyl, Karan English, Raúl Grijalva, Rick Renzi, Sam Coppersmith, Trent Franks
|
