Comments on: The Round And Round We Go News Round-Up http://firedoglake.com/2008/01/21/the-round-and-round-we-go-news-round-up/ Firedoglake weblog Thu, 26 Nov 2009 14:17:08 -0600 http://wordpress.org/?v=2.8.6 hourly 1 By: MarkH http://firedoglake.com/2008/01/21/the-round-and-round-we-go-news-round-up/#comment-1217532 MarkH Tue, 22 Jan 2008 02:57:14 +0000 http://firedoglake.com/2008/01/21/the-round-and-round-we-go-news-round-up/#comment-1217532 <blockquote><p>The massive drop in Fortress’s units bodes ill for Edwards if he needs to draw on personal resources.</p></blockquote> <p>And yet he’s still the best candidate. This strange Bush era is full of irony.</p> <p>If all it takes to get elected is more money, then we don’t have a Democracy worth keeping.</p>

The massive drop in Fortress’s units bodes ill for Edwards if he needs to draw on personal resources.

And yet he’s still the best candidate. This strange Bush era is full of irony.

If all it takes to get elected is more money, then we don’t have a Democracy worth keeping.

]]> By: MarkH http://firedoglake.com/2008/01/21/the-round-and-round-we-go-news-round-up/#comment-1217512 MarkH Tue, 22 Jan 2008 02:51:09 +0000 http://firedoglake.com/2008/01/21/the-round-and-round-we-go-news-round-up/#comment-1217512 <blockquote><p>What economic class benefits for mega-deficit spending?</p></blockquote> <p>The Rich, corporations or funds which have a lot of cash to ‘invest’, but would rather buy safe bonds which have a steady yield (money for them) rather than having to put it into a business or something which might easily fail (see CitiBank, Enron, et al).</p> <p>Of course, you and I could also invest in bonds, but at their relatively low rate of return it wouldn’t do us much good.</p> <p>In short, the federal government debt is a welfare program for the Rich.</p>

What economic class benefits for mega-deficit spending?

The Rich, corporations or funds which have a lot of cash to ‘invest’, but would rather buy safe bonds which have a steady yield (money for them) rather than having to put it into a business or something which might easily fail (see CitiBank, Enron, et al).

Of course, you and I could also invest in bonds, but at their relatively low rate of return it wouldn’t do us much good.

In short, the federal government debt is a welfare program for the Rich.

]]> By: cinnamonape http://firedoglake.com/2008/01/21/the-round-and-round-we-go-news-round-up/#comment-1216860 cinnamonape Mon, 21 Jan 2008 22:43:04 +0000 http://firedoglake.com/2008/01/21/the-round-and-round-we-go-news-round-up/#comment-1216860 <p>My point was that Edwards is NO LONGER rolling in money (at least not as much as he was) because almost all of it was involved in a single set of interlinked Hedge Fund corporations that profitted immensely from the Sub-Prime Bubble. When that collapsed Edwards no longer has the money he may need to continue his campaign.Edwards apparently accepted stock, as well as cash (about $500K) according to the FEC filings) from Fortress for advising them on how to lobby the Federal Government. </p> <p>The massive drop in Fortress’s units bodes ill for Edwards if he needs to draw on personal resources.</p> My point was that Edwards is NO LONGER rolling in money (at least not as much as he was) because almost all of it was involved in a single set of interlinked Hedge Fund corporations that profitted immensely from the Sub-Prime Bubble. When that collapsed Edwards no longer has the money he may need to continue his campaign.Edwards apparently accepted stock, as well as cash (about $500K) according to the FEC filings) from Fortress for advising them on how to lobby the Federal Government.

The massive drop in Fortress’s units bodes ill for Edwards if he needs to draw on personal resources.

]]> By: leftdcin72 http://firedoglake.com/2008/01/21/the-round-and-round-we-go-news-round-up/#comment-1216726 leftdcin72 Mon, 21 Jan 2008 21:40:15 +0000 http://firedoglake.com/2008/01/21/the-round-and-round-we-go-news-round-up/#comment-1216726 <p>Never</p> Never

]]> By: prostratedragon http://firedoglake.com/2008/01/21/the-round-and-round-we-go-news-round-up/#comment-1216711 prostratedragon Mon, 21 Jan 2008 21:34:31 +0000 http://firedoglake.com/2008/01/21/the-round-and-round-we-go-news-round-up/#comment-1216711 <p><a href="http://www.sourcewatch.org/index.php?title=Mel_Sembler" rel="nofollow">U.S. Ambassador to Italy, 2001–2005</a></p> U.S. Ambassador to Italy, 2001–2005

]]> By: prostratedragon http://firedoglake.com/2008/01/21/the-round-and-round-we-go-news-round-up/#comment-1216691 prostratedragon Mon, 21 Jan 2008 21:26:59 +0000 http://firedoglake.com/2008/01/21/the-round-and-round-we-go-news-round-up/#comment-1216691 <p>It will be interesting to see what impact the real estate industry crash and coming bear market in stocks have on this kind of activity.</p> It will be interesting to see what impact the real estate industry crash and coming bear market in stocks have on this kind of activity.

]]> By: PhysioProf http://firedoglake.com/2008/01/21/the-round-and-round-we-go-news-round-up/#comment-1216667 PhysioProf Mon, 21 Jan 2008 21:13:42 +0000 http://firedoglake.com/2008/01/21/the-round-and-round-we-go-news-round-up/#comment-1216667 <blockquote><p>So is Bill Clinton an egregious asshole- or the key to the success of the free world….</p> <p>I vote for “neither”.</p></blockquote> <p>Well, since somebody has to take “both”, I’ll do it.</p>

So is Bill Clinton an egregious asshole- or the key to the success of the free world….

I vote for “neither”.

Well, since somebody has to take “both”, I’ll do it.

]]> By: rwcole http://firedoglake.com/2008/01/21/the-round-and-round-we-go-news-round-up/#comment-1216665 rwcole Mon, 21 Jan 2008 21:11:58 +0000 http://firedoglake.com/2008/01/21/the-round-and-round-we-go-news-round-up/#comment-1216665 <p>Bill Clinton got his knob polished right in the Oval Office- while talking on the phone. Hope he was well grounded.</p> Bill Clinton got his knob polished right in the Oval Office- while talking on the phone. Hope he was well grounded.

]]> By: leftdcin72 http://firedoglake.com/2008/01/21/the-round-and-round-we-go-news-round-up/#comment-1216657 leftdcin72 Mon, 21 Jan 2008 21:06:45 +0000 http://firedoglake.com/2008/01/21/the-round-and-round-we-go-news-round-up/#comment-1216657 <p>Tip of the perverbial iceberg. He lied at his deposition in the Lewinsky case, got called on it by the federal judge supervising disovery and was later disbarred.</p> <p>Wanable first guy is an utter waste of time and distraction. So much for his fossil fuel fired good ecomic times.</p> Tip of the perverbial iceberg. He lied at his deposition in the Lewinsky case, got called on it by the federal judge supervising disovery and was later disbarred.

Wanable first guy is an utter waste of time and distraction. So much for his fossil fuel fired good ecomic times.

]]> By: rwcole http://firedoglake.com/2008/01/21/the-round-and-round-we-go-news-round-up/#comment-1216656 rwcole Mon, 21 Jan 2008 21:06:26 +0000 http://firedoglake.com/2008/01/21/the-round-and-round-we-go-news-round-up/#comment-1216656 <p>So is Bill Clinton an egregious asshole- or the key to the success of the free world….</p> <p>I vote for “neither”.</p> So is Bill Clinton an egregious asshole- or the key to the success of the free world….

I vote for “neither”.

]]>