A Public Retirement Program Even a Republican Could Support

Now here’s a grand idea for a nice public retirement program for the great masses of the USA.  But I must admit that the idea comes to us from the former communist country of Georgia. Having recently embraced a no-holds-barred kind of capitalism, they have certainly taken the concept to new heights. The story came [...]

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The Rise of the Super Rich

  “In 1988, the income of an average American taxpayer was $33,400, adjusted for inflation. Fast forward 20 years, and not much had changed: The average income was still just $33,000 in 2008, according to IRS data. Meanwhile, the richest 1% of Americans — those making $380,000 or more — have seen their incomes grow [...]

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Mississippi Appliance Rebate Program Starts April 22

Time to throw out that old clunker and get one of them thar new fangled ice box thingy’s.  Thanks to a 2.8 million dollar grant from the American Recovery Act the program encourages folks to replace their old appliances with more efficient ones. ”The State of Mississippi will implement a mail-in rebate program to help [...]

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FBI knew of Mortgage Mess early as 2002

The Seattle p-i is reporting that the Bush Administration went to extraordinary measures to thwart the FBI’s investigation of Financial Institutions.  It is clear the agency knew the implications of such actions as evidenced by this testimony “Based on various industry reports and FBI analysis, mortgage fraud is pervasive and growing,” Chris Swecker, then assistant [...]

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Once mighty Nortel succumbs to times.

Back when I first entered the world of computers and networks these people were practically at the top.  A share of their stock would have set you back $850, today you can buy that share for 15 cents.  Once the largest maker of telephone equipment in North America, the company has filed for protection from [...]

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