Wall Street Pay Cuts? White House Plan Has Loopholes

by Rich Blake, ABC News
The details of the Obama administration’s efforts to curb excessive compensation on Wall Street emerged Thursday, with dual announcements from pay czar Kenneth Feinberg and the Federal Reserve Board. And while the potential loopholes do not appear large enough to drive the proverbial armored truck through, the securities industry is already [...]

US bankers cash in despite phony pay restraint

by Patrick Martin, WSWS
The executive pay regulations announced Thursday by the Obama administration’s “pay czar” and the Federal Reserve represent a cynical attempt to placate public outrage over Wall Street bonuses while allowing the financial speculators to continue awarding themselves multi-million-dollar compensation packages.

MAHD Day 1 Sequim Dr. Hochfeld

First of All… He Does Lie. Second… You SHOULD have Called Bush a Liar

by Scott Creighton
All Lit Up with No Place to Go
The fake progressive blogosphere is lit up today over the republican lawmaker who had the audacity to yell out “You lie!” during Obama’s speech last night. And that is just as they want it because the Obama/DLC/Clintonista White House certainly appreciates a good distraction when they [...]

The Next Costume Design for AR-15 Guy

by Scott Creighton
I would just like to ask AR-15 Guy, “Chris”, a question… you know that song “Proud to be an American”?
So you go out to an event after consulting with the local police (who we know MUST have consulted with the Secret Service to get permission to allow you to do it), wearing your [...]

Breaking Quarantine: How the Obama Administration is Infecting the Global Economy

by Scott Creighton
Look at it this way: the rest of the industrialized world views our unique, selfish, greedy, primitive form of commodity driven healthcare as a hideous indictment of the weakness of the American citizen.  In their eyes, we don’t have enough brains or heart to stand up and demand what the rest of the [...]

Barack O’Bush to Boost 401(k) Enrollment for Wall Street

by Scott Creighton
The Obama administration’s hypocrisy is absolutely breathtaking.
At a time when the “adjusted/new math” unemployment numbers  show that there are more people out of work than there have been since 1983, and the major banks are consolodating even more power through control of the market shares via the government’s many varied bailout schemes, Barack [...]

US airstrike incinerates scores of civilians

(Remember that scene in “Running Man”? The one where the brave hero (and now a tool of the fascist neoliberal economic bomb being dropped on the state of California) Arnold Schwarzenegger, refused to fire upon innocent civilians during a food riot?  Guess what… those kinds of “heroes” don’t exist in the U.S. military, at least [...]

Obama’s Job Hemorrhaging, Union-Busting “Recovery” Rolls On

by Scott Creighton
As the corporatist shills drone on about the “success” of the Obama Stimulus Package, more and more jobs melt away like the steel trusses in the Twin Towers.  The lucky few that still cling to their paychecks by their fingernails are “persuaded” to accept less and less for each day of their labor [...]

Quarantine: The Global Element of the Healthcare Debate

by Scott Creighton
Let’s stop kidding ourselves.  We are a sick nation.
If we stay on the course we are on, desperately begging corrupted politicians for some political solution, the health care “reform” bill will pass and it will do so without a “viable” public option (phony corporate-run “co-ops” not withstanding).  The multinational insurance industry and the [...]