“As in a poker game where the chips were concentrated in fewer and fewer hands, the other fellows could stay in the game only by borrowing. When their credit ran out, the game stopped.”
– Marriner S. Eccles, Chairman of the Federal Reserve under Franklin D. Roosevelt, speaking in 1951
When we do not learn from history, [...]
Archive for the ‘Politics’ Category
FDR’s fed chairman blamed 1929 collapse on income inequality
Posted in Economics, Politics on 19 October 2008 | Leave a Comment »
What Joe Biden should say at the VP debate
Posted in Entertainment, Politics on 2 October 2008 | Leave a Comment »
What Biden Ought To Say by the Rude Pundit. As brilliant as it is obscene.
Bear CSI
Posted in Current Events, Politics, Science on 29 September 2008 | Leave a Comment »
During the first presidential debate, John McCain once again made reference to the Northern Divide Grizzly Bear Project, a five-year study to which USGS has allocated $3 million to “study the DNA of bears.”
The Scientific American article linked above compares that $3 million, and its relative merits, to the $233 million “Bridge to Nowhere.” I [...]
McCain wins debate before it happens!
Posted in Current Events, Politics on 26 September 2008 | Leave a Comment »
As of 7:10 pm EDT on Friday night (the time of this writing), it is apparent that John McCain has won the debate. See the back story.
Obama on the financial crisis
Posted in Current Events, Economics, Politics on 16 September 2008 | Leave a Comment »
“What we’ve seen the last few days is nothing less than the final verdict on an economic philosophy that has completely failed. And I am running for president of the United States because the dreams of the American people must not be endangered any more.
“It’s time for a government that is fighting for you — [...]
39% chance that Sarah Palin would become president
Posted in Politics on 7 September 2008 | 3 Comments »
If John McCain wins this election, he will be the oldest person to ever become president. He chose Sarah Palin as his vice presidential running mate. Many have suggested that she is vastly underqualified for the job. They ask, “If, god forbid, something happened to McCain, is Palin ready for the job?” Others counter that [...]
The uniter
Posted in Politics on 24 July 2008 | 1 Comment »
In the photo, a German citizen holds a sign that reads, “Obama For Chancellor.” One hundred thousand people showed up to see him speak in Berlin. A video of the full speech can be viewed here.
When was the last time an American leader got a reception like that? And he’s not even president yet!
What does this mean?
Posted in Internet, Politics on 20 July 2008 | Leave a Comment »
This screenshot was taken from http://www.johnmccain.com/supporters/ on 18 July. Kind of funny.