Soooo, don’t blame the economists for their sloppy work… blame the “authors, journalists and commentators” who did not catch the mistake made by the economists.

Larry Summers exemplifies 100% what is wrong with the way the ruling class thinks. Blame all your mistakes on someone else; collect your bonus and move forward with no accountability and no punishment for screwing up the lives of millions of people on the entire planet.

And… he’s teaching our children to think the way he does; God help us.

All I heard over the weekend on the talk shows was that this economy is not working for OLDER people; some even had to lie about their experiece because too much experience acutally put them out of the running for jobs. So which is it?

Exactly who is it that is benefitting from this economy? Nevermind… I already know the answer.

OF COURSE the bail out was wrong. You can’t possibly think it is better to take money from taxpayers who had nothing to do with the Wall Street debacle, than to levy a tax on the high earners who actually invested in the fraudulent schemes and who profitted immensely from them?

I wouldn’t worry too much, however. Mr. Bernenke has given those same bankers and investors, many billions of dollars in interest free loans since the beginning of the meltdown. Those dollars were used for subsequent gambling enterprises. With the profits they’ve “earned” from the free FED money, they can easily afford to pay the penalty and still come out on top.

The dems and repugs are both run by the same criminal/ political/financial cartel, run by, through and for the cartel and to hell with the good old USA.

Note how nothing has changed from the first Bush administration, though Clinton, Bush II and now Obama. Jimmy Carter was a free man, but they got rid of him quickly. He taught them a lesson they learned well. Do not allow anyone who is not part of the cartel hold a serious position in the “party”. Ashley is not one of them and must be defeated at all costs.

In response cwalz…

You think rich kids don’t get better schools now? Everyone who can afford it send their children to private schools. The only children left in public schools are the poor kids and the education they are getting is worthless. If poor children finally do get accepted to some college, they have to spend years in remedial studies to make up for the education they did not get in public schools. Surely this is not “equality”? The quality of public education has been going steadily downhill ever since the Department of Education was created. Centralized planning simply hasn’t worked. For the sake of our children, think again.

Let the sequester begin…. anything to downsize the military!

As to the cuts for schools, they should be funded locally anyway, as they were before the DOE was created. At one time, we were the world leaders in educating our children. Educational levels have vastly deteriorated since the Federal Department of Education was created and we are now having a problem just keeping up with third world countries. Give control of schools back to the parents, who really care about their children’s education.

When my mother turned in her drivers license, she was issued a state Identity Card.

I’d be curious to know the name of the book you’re listening to. I’ve never been a fan of Hamilton.

I did not hear him admit he was wrong… He just pretends he had nothing to do with it.

That’s a little strange, since he was the one who pushed through the legislation that allowed the consolidation of banks, investment companies and insurance agencies, etc., which resulted in the banks becoming TBTF.

Did he say he was sorry for his part in bringing the economy to the brink? Is he going to use all that money he made at CitiGroup to repay taxpayers for the bailouts, since he was largely responsible for TBTF?

Great theatre? You obviously will enjoy watching people suffer in pain because they cannot get medicines and children starve because their parents cannot afford enough food. The tax avoiders and over spenders were members of the same elite class that brought the world’s financial systems to the brink. The rich and well-connected will walk away unscathed but the poor and middleclass, those who mostly did pay their taxes, will be condemned to years of poverty. Enjoy.

The Democratic candidate for president has already been chosen so Democrats get to sit around and watch for awhile. Suppose, just for a minute, that a Republican beats Obama. As much as many of you would prefer to think otherwise, it is entirely possible. Assuming I’m right, would you rather that Republican be Newt Gingrich or Ron Paul? THINK! and act accordingly.

Don’t they poll only registered republicans?

I don’t think he’s incompetent. I think he’s very good at what he does. It’s just too bad he doesn’t work for Americans. Honestly, it’s getting so my first reaction to any “news flash” is to break out laughing.

trying to find a runaround Congress and the Constitution. Glad it didn’t work.. but I’m sure they’ll keep trying.

Yea… there’s lots of folks to blame but let’s remember which folks walked away with a few extra billion in their pocket and which folk were left holding the bag. Some people are much, much richer thanks to the actions of Geitner, Paulson and Bernenke and the American taxpayers are much, much poorer.

You don’t have to know how to poison someone to know that murder is wrong.

I don’t have to know how taxpayer money was pledged to line the pockets of bankers and other Wall Street executives, but I do know that’s exactly what heppened and that was just plain morally wrong!