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Archive for the 'USA' Tag
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How much is One Billion
There have been quite a few comparisons what could be done with USD 700 Billions (700,000,000,000 Dollar) instead of assuring fat profits for a few – health insurance for all, fight poverty in Africa for ten years, save the planet instead of the bankers, pay for the work of more than 22 Million people for one year – but the best examples to visualize and put back into perspective how much only one Billion alone is, we listed below…
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USA: Let’s play Wall Street Bailout
A very interesting speech by Rep. Marcy Kaptur (D-Ohio) during the congress debate on the so-called Bailout (transcript below)…
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USA: Bailout Driven by Fear Not Fact
Ohio congressman Dennis Kucinich suggested the $700 billion bailout package was sending America towards ‘casino socialism, where the only real product is debt.
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The Incredible Lightness of Being: Today Wall Street
I guess there is not much that need to be said on what happened today at Wall Street. We dropped in charts of the leading stock indexes / average (DJIA & NASDAQ) for documentation.
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USA: Scaring people all the way around
Comedy Central’s Jon Stewart reminds us of the similarity between G.W.Bush’s big bailout speech and his Iraq invasion speech five years ago.
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Press: Naomi Wolf on S.Palin
Naomi Wolf, who also writes for Huffington Post, has published an interesting opinion piece at AlterNet (link below). If you like her point of view or not, this is definitely worth reading…
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