Category Archives: Politics

Biden’s Task Force Delta

Sent to prison the White House by a military court for a crime they didn’t commit, these men promptly escaped from a maximum security stockade to the Los Angeles underground D.C. Beltway.  Today, still wanted by working for the government, they survive as soldiers of fortune.  If you have a problem – If no one else can help – and if you can find them – maybe you can hire the A-Team Middle Class Task Force.

So far, the only thing Joey’s crack team of specialists have done is met in Philadelphia and spewed some platitudes about “green jobs” (what ever that is).  And looking at the website, all I can make out is that “A Strong Middle Class = A Strong America”.  But take a look at the website and and decide for yourself…

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Filed under Economy, Government, Middle class, Politics

Why Obama’s Economics Won’t Work

Is the future of the United States already sealed?  You decide.   Watch these two in sequence.  Remember Barney “the Dinosaur” Frank is in a policy making position and the Kato institute is a non-partisan outsider group.

 

 

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Filed under Business, Economy, Government, Politics, Spending money, Taxes

Obama’s Budget

56502999 See the budget for yourself.  Try not to laugh when you see the words "Fiscal Responsibility".

http://www.whitehouse.gov/omb/assets/fy2010_new_era/A_New_Era_of_Responsibility2.pdf

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Filed under Economy, Government, Politics, Spending money, Taxes

Thanks… For Nothing

ThankYouAmerica Looks like Chrysler is in some hot water – again.  Seems the boys in the boardroom thought it would be a good idea to take some of that hard-earned bailout money, and use it to thank the American tax payer for their generous support.  So they go and spend almost a quarter a million a pop on full page ads in the leading newspapers (who reads those anyway?). Does that seem like the best way to spend your money?

“Years ago there was a robber who was really polite. He said please and thank you while he was robbing people. At the end of the day, people had their money stolen. Saying thank you doesn’t make it OK. They should give the money back.”

Original story on Fox News.

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Filed under Business, common sense, Economy, Government, Politics, Spending money, Taxes

Despite Economic Crisis, Congress gets Pay Raise

cashflow Here’s something that makes absolutely no sense whatsoever:

Despite the country’s economic meltdown, Congress is about to receive an automatic $4,700 pay raise on Thursday — a 2.8 percent increase over the current $169,300 salary for most members.

Maybe it’s just me, but I don’t get an automatic pay raise every year, do you?  Shouldn’t something like this be tied to, oh, I don’t know, an approval rating or something?  How come the same (mostly liberal democrats) get all up in arms about executives that get pay increases despite poor business performances, but let something like this slide?

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Filed under common sense, Economy, Government, Politics, Spending money, Taxes

Bail-Me-Out Elmo

Elmo Ha!  We at TheMiddleClassBlog.com need to get this guy on our staff… He is too funny…

Kids are delighted by the antics and recorded messages of this lovable red critter. If you push his nose, he will wiggle around and say charming phrases such as “Give me more money” and “I’m too big to fail.”

However, Bail-Me-Out Elmo is never satisfied with the money you give to him. If you meet his demands for financial assistance, he will continue to ask for more and more money. He is pre-programmed with many endearing phrases such as “Just borrow the money” or “I love other people’s money.” – Don Dodson, one nation under god

Read the entire blog here.

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Filed under Business, Economy, Government, Politics

How Could This Happen Part II

nosferatu (1) The Predators’ Ball

Fannie Mae and Freddie Mac have helped defang laws that might have prevented the subprime mess.

Michael Hirsh

NEWSWEEK

Aug. 18-25, 2008 issue

Roy Barnes is a self-described “small-town” lawyer with a mane of silver hair and an Andy Griffith drawl. But like Griffith’s Ben Matlock, the TV character he resembles, Barnes is the furthest thing from a rube. He comes from a family of bankers, and back in the ’90s Barnes saw, far before many in Washington, what was happening as deregulation took lending further away from the local banks and gave it to mortgage brokers and Wall Street. So when Barnes was elected governor of Georgia in 1998, he decided to push through the toughest antipredatory lending law in the country. The 2002 law made everyone up the line, including investment banks on distant Wall Street and rating agencies like Standard & Poor’s, legally liable if the loans they sold, securitized or rated were deemed unfair. “There has to be accountability,” Barnes told NEWSWEEK. “In the end you have to be able to say, do I really want to make this loan? Because I may have to eat it.” “A victory for Georgia consumers,” the Atlanta Journal-Constitution called the new law, which was also hailed by AARP and the NAACP.

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Filed under Business, Government, Politics, Sell-Outs