The Brass Monkey

Here we go again people! There are rumblings from Washington that allowing Mexican Trucks full access to Americas highways might be resurfacing again. You will recall that congress stopped funding for that issue last year. Are the folks supporting this totally bonkers! Lets look at issues that would pop up real fast if this were [...]

Where were all of the tea partiers when dictator Bush was throwing money away into that bottomless pit Iraq and borrowing all that cash from China and making remarks like when asked how are we going to pay for this and that? His answer we will just borrow it. Phhhht! Oh yeah do not forget [...]

Okay you say, but who is Sallie Mae? Sallie Mae is the nation’s leading provider of student loans, helping millions of Americans achieve their dream of a higher education. Sallie Mae has been around for awhile it was originally created in 1972 as a government-sponsored entity (GSE). The company began privatizing its operations in 1997, [...]

General Electric and its CEO Jeff Immelt have outsourced American jobs to cheap overseas labor markets and GEs focus on financial services over manufacturing and technology has not helped the American job market at all, in fact it hurt it big time.Immelt said recently the U.S. manufacturing base is hollowed out, the country has a [...]

Get this folks! Around 13 of the corporations that have applied to receive bail out money have not paid there taxes!. So far no names have become available of the culprits. Wait! It gets even better. Two of the companies owe the IRS over 100 million. Now I have no idea how these deals for [...]

Tells Bold Face Lie Tuesday March 17th Not a direct quote but basically what he said amounted to, I have no idea who put that loophole in the bail out legislation that allowed the big bonus pay outs to the big corporate types at AIG. I know it was not me! Some of the folks [...]

Believe it or not folks it is common for bills in Congress to grow to well over 1,000 pages to around 2,000 pages. The stimulus bill was 1,200 pages. If you bet that anyone in congress read it in it’s entirety you would lose. This is a common ploy in Washington, make a bill so [...]

A new website is now up called Recovery . Gov. It was put up by the Obama administration and will show where the money in the stimulus is going and gives a time frame for what is going on and when it it is going on. What follows is in the sites own words The [...]

Promises made when the Clinton administration was promoting China’s entrance into the WTO (World Trade Organization) were never kept by China. It was supposed to open the Chinese markets for American goods and of course open our markets to Chinese goods. This basically never happened. Instead companies here shut down and moved there manufacturing operations [...]

While things were rapidly melting down in ’08 banks that got millions in bail out money sought government permission to bring in thousands of foreign workers while Americans were getting there pink slips. The dozen banks now receiving the biggest rescue packages, totaling more than $150 billion, requested visas for more than 21,800 foreign workers [...]

Barack Obama, to paraphrase Ronald Reagan “There you go again.” Another president who promises to cut taxes yet balance the budget cutting “wasteful spending” in the federal budget. How many times over the last 40 years have we heard the exact same pledge? How many times has that pledge been broken? Every time! From the [...]

From Letters To The Editor in the Albuquerque Journal comes this thought from Philip in Belen People are starving throughout the world. In the United States, millions are desperate for jobs, to keep there homes and find a meal. Meanwhile, the White House serves gourmet foods and $300 per bottle wines to those seeking to [...]

Although the mechanics of this down hill slide for Freddie Mac and Fanny Mae probably started as far back as the Carter administration, it really got a huge head of steam during the Clinton era. We will focus on what happened while Clinton was in office. The CRA’s rules were completely re-written by Clinton..The rules [...]

Sure Mr. Paulson you can have 700 Billion. We Trust You!! NOT!!! Wait just a minute here. Folks he used to be the CEO of Goldman Sachs who if I understand right might be the recipient of some of that money and as Treasury Secretary he oversaw all of those great deals (like the Dubai [...]

The rising gas prices have finally forced major changes in the cars that the car makers make and in the kind of cars that Americans are buying. One way to look at it is, It’s about time. For those of us who were around in the 70′s and remember the Arab Oil Embargo which caused [...]