Mountain Sage

Banks May Need More, Biden Says
By Michael D. Shear
Monday, January 26, 2009; Page A02
Banks and other financial institutions may need more than the $700 billion in public money that has already been approved to repair the nation’s feeble credit system, Vice President Biden and congressional Democrats said yesterday.
REST OF ARTICLE
Obama Moves to Let States Set [...]

It’s about time the middle class get a break.  Listening to the news this morning it became clear that the Republicans are upset with the stimulus package mainly because it doesn’t give enough tax breaks to corporations……yes, they want more tax breaks for their buddies.
The middle class is and always has been the backbone of [...]

Just minutes ago the Illinois Senate voted to  impeach the governor, Rod Blagojevich.  Blagojevich is the 8th state governor in U.S. history  to be impeached and ousted.  Earlier this week the Illinois house voted unanimously to impeach Blagojevich.
The state senate voted to bar Blajojevich from holding any office in the State of Illinois.

I think the people responsible for allowing these products to be shipped out should be charged with the deaths of the people who died from salmonella.
In one of the largest food recalls in history, the Food and Drug Administration asked retailers, manufacturers and consumers yesterday to throw out every product made in the past two [...]

All the Republican posturing couldn’t keep the stimulus bill from passing.    While I agree that moving in haste is often unwise, losing jobs at the rate of 500,000 per month is not sustainable…..something had to be done.  Let’s hope this is the right plan and it is successful in resuscitating the economy.
By Paul Kane and [...]

I’ve had the news on all day and all anyone is talking about is the economy and the fight between the Republicans and Democrats over the stimulus bill.   Richard Quest from Switzerland was on the news talking about the fact that the tax cuts the Republicans gave earlier didn’t stimulate the economy why we would [...]

President Obama has told Congressional Democrats to drop a proposal to spend money on family planning from the proposed $825 billion plan to stimulate the economy,. a White House aides tells McClatchy. What a foolish thing to do.

The Republicans will continue this partisan politics at their own risk.  Let’s face it, they aren’t very well liked as it is and if the economy continues it’s downward spiral and the Republicans are seen as obstructing a possible solution there is going to be a huge backlash from the American people.
It’s time for the [...]

I don’t think this makes any sense at all.  In a time of economic crisis we don’t need a lot of unwanted pregnancies especially in families who can’t afford them.   It would be penny and wise dollar foolish in my opinion.
By DAVID ESPO, AP Special Correspondent David Espo, Ap Special Correspondent – 39 mins ago
WASHINGTON [...]

It’s official…..we are in a recession that started in December 2007.  The job market is looking bleak as announcements  that came today included the news that Home Depot is to cut 7,000 jobs; Caterpillar is to lay off 20,000 workers; and Sprint and Pfizer to cut 8,000 jobs each.1 It’s time for the nation [...]