“I’m living so far beyond my income that we may almost be said to be living apart.”
— e.e. cummings (1894-1962), poet

So, yes, people are “angry” at Wall Street. They are also “angry” at Octomom. I wonder if the depth and quality of those two rages differ–or is this all just a television show?…If you want to be angry about something, get pissed at a media culture that goes beserk about bonuses one week and forgets [...]

The Dittohead Caucus in the U.S. House — which includes every GOP representative — followed their dictates of their leader, Republican Party boss Rush Limbaugh, and voted overwhelmingly against a bill that would impose a heavy tax on bonuses received by executives at financial institutions that are on the dole from U.S. taxpayers.
Earlier this week, [...]

Just six weeks ago, Senate Minority Leader Mitch Mitch McConnell (R-Ky.) rushed to microphones to argue against government-imposed salary and bonus caps for executives at companies being bailed out by American taxpayers, now McConnell claims to be outraged that the government did not impose these same caps on AIG. Via ThinkProgress:
McConnell in February:
MCCONNELL: “I really [...]

When you hear the emerging facts on the AIG bonus pay-out, no matter how tired you are of the whole topic, you get outraged all over again. According to Attorney Gen. Andrew Cuomo’s office, as reported by Reuters:
* AIG distributed more than $160 million in retention payments to employees at its Financial Products unit, the [...]

Just days after alleged death-squad leader Dick Cheney gave his hearty endorsement to Rush Limbaugh as the Republican Party’s new boss, Limbaugh weighed in on the controversy over $400 million in taxpayer-funded bonuses slated to be paid to derivatives traders at insurance giant AIG.
“Let me tell you something, folks. I am all for the [...]

Here’s another shining example of a Republican reflexively refusing to accept responsibility for his own and his party’s misdeeds and incompetence:
Former Vice President Dick Cheney says don’t blame George Bush for leaving President Obama with an economic catastrophe.
It was everyone else, and the Democrats, who brought on disaster, said Cheney, who was one of Bush’s [...]

In the ocean of bad economic news, there may be a glimmer of hope on the horizon.
On American Public Media’s Marketplace last week, economist Susan Lee suggested a better way of tracking the economy than, certainly, individual 401k accounts, and even the Conference Board’s indices — which she says have incorrectly predicted five recessions since [...]

Love this Clay Bennett cartoon in the Chattanooga Times Free Press.

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