Pensito Review: Politics and Media Pensito Review: Politics and Media
December 2, 2008
ARCHIVE: Economy

Last month, representatives from both the Consumer Federation of America and the Financial Services Roundtable proposed reducing the amount of credit card debt held by financially troubled consumers by 40 percent:
The unusual joint request from the Financial Services Roundtable and the Consumer Federation of America highlighted the urgency of the situation: consumers — even […]

Topics: Economy |

Remember the economic bailout that was supposed to head off the next Great Depression through an injection of $2 trillion in cash and loan guarantees? Do you know where your money is going? Neither do I, and apparently, that’s the way the Federal Reserve want to keep it.
According to Bloomberg:
Fed Chairman Ben S. Bernanke […]

Topics: Economy, Politics |

Here’s another dim bulb the McCain campaign did not vet before trotting him out. But like Sarah Palin, Joe Wurzelbacher — who, let’s recall, is not a plumber, and who lied to Obama when he said he was going to buy a plumbing business — will remain a Dittohead icon for the foreseeable future.
In this […]

Topics: GOP Hypocrisy, Economy, Campaign 2008 |
Obama-Biden Now Hiring   Nov. 10, 2008

Want a job?
If you are among the 6.5 percent of Americans left unemployed after eight years of George W. Bush, I have good news! Barack Obama and Joe Biden are hiring.
This website is designed to provide prospective applicants with information to help them apply for positions in the Obama-Biden Administration. President-Elect Obama will make appointments […]

Topics: Obama, Economy, Politics |

Politico:

How much was that polar bear pin anyway?
The Republican National Committee has spent more than $150,000 to clothe and accessorize vice presidential candidate Sarah Palin and her family since her surprise pick by John McCain in late August.
According to financial disclosure records, the accessorizing began in early September and included bills from Saks Fifth Avenue […]

Topics: GOP Hypocrisy, McCain, Economy, Campaign 2008, Politics |

It’s been a fixture in New York’s Times Square since 1989, when it was erected to highlight the country’s $2.7 trillion record level of debt — and each American family’s share of it. But according to the BBC, when the debt surpassed $10 trillion last month, the clock ran out of capacity.
The clock’s […]

Topics: Economy |

This is the Obama mini-documentary about the Keating Five scandal, also available at KeatingEconomics.com.
The film is 13 minutes, and my first reaction was, “Couldn’t you make it shorter?” but as usual, the Obama folks are smarter than me. I think the 13-minute length will create its own novelty, and I know the subject deserves […]

Topics: Economy, McCain, GOP Incompetence, GOP Corruption, Campaign 2008, Politics |

February 2008: Bush denies that the Iraq occupation is a drag on the economy
John McCain has been lecturing us for months about how well things are going in Iraq. The metrics back him up. Violence is down, whether because of the Surge or by use of a new top-secret weapon. Just yesterday there was a […]

Topics: Economy, GOP Incompetence, Campaign 2008, Worst Vice President Ever, Worst President Ever |
Quote du Jour   Oct. 1, 2008

“Nothing is illegal if one hundred businessmen decide to do it.”
— Andrew Young (1932 — ), author, civil rights activist, US congressman, mayor, U.N. ambassador

Topics: Crime & Punishment, Economy, Quote du Jour, Politics |

Embedded video from CNN Video
Want to forget about our country’s (and possibly your own) worsening economic picture? Just take a stroll through one of the McCain’s McMansions. We’re not sure how many they own but we’ll have our staff get back to you on it.
And remember as you view this video that the McCains are […]

Topics: GOP Hypocrisy, McCain, Economy, Campaign 2008, Politics |
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