Yes, this country’s financial situation is abysmal. The federal deficit is set to hit $1.7 trillion for the 2009 fiscal year, hovering around 13 percent of GDP. The Congressional Budget Office (CBO) predicts that the total federal budget could reach $13 trillion by the fall of 2010. The NY Times reported that the CBO puts [...]
The clouds forming over the McMansion-filled American landscape are getting darker by the moment. I’m not even talking about the dismal consumer confidence readings, plummeting retail sales and mounting job loses – these clouds have been with us for a while now. The new, darker vapor formations are emanating from Washington D.C. and the international [...]
Democratic presidential nominee Barack Obama is on quite a roll. His campaign raked in $150 million in September – more than doubling August’s $66 million record-breaking haul. Obama’s 2008 election campaign carefully cultivated a vast legion of small donors – and it’s paying off in a huge way. But, Obama is also receiving a large [...]
I just saw a two minute video called “Misconceptions of Obama fuel Republican campaign,” filmed by Al Jazeera, the Middle Eastern news network. (Video after the jump.) What an eye-opener. Conventional U.S. news outlets are all abuzz talking about radical nutballs who shouted “terrorist” and allegedly, “kill him” at Sarah Palin’s rallies. To find out [...]
I watched the third and final presidential debate of campaign 2008 between John McCain and Barack Obama at a friends home. I had two beers – and some cheese and pretzels to keep my keen senses of observation sharp. A financial crisis was still brewing outside the window, but I was seated comfortably near the [...]
I watched last night’s presidential debate between Senators McCain and Obama while enjoying a fine home-cooked potato dish and a full-bodied pale ale. It was quite an entertaining spectacle. McCain darted around the room flailing his arms like a zombie robot on fire, his hands snuffing the life out of the mic (maybe someone put [...]