Showing posts with label crisis. Show all posts
Showing posts with label crisis. Show all posts

Friday, March 20, 2020

Why . . .






". . . Former U.N. Ambassador Nikki Haley stepped down from Boeing’s board of directors after less than a year because she opposes government aid to help the aircraft manufacturer weather the coronavirus crisis, the company said Thursday. . . Boeing earlier this week said it is seeking $60 billion in government aid for itself and its massive supply chain because of the virus. . . President Donald Trump this week threw his support behind the manufacturer, saying: “We have to protect Boeing.”. . ."


WHY???!!!





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Sunday, October 22, 2017

Mrs . . .

. . . John Adams. . .
(from John Adams, by David McCullough)
". . . In a particularly memorable letter, she recounted a crisis that arose when the youngest of her hired hands, James Prince, a free black boy she had taken under her wing in Philadelphia, came to ask if he might attend evening classes in town at a new school for apprentices, Abigail, who had taught him herself to read and write, warmly approved, but was soon asked by a neighbor to withdraw James. If she did not, she was told, the other boys would refuse to attend and the school would close. Had James misbehaved, Abigail asked. No, she was informed, it was because he was black. Did these other boys object when he attended church? No, they did not. . . "The boy is a freeman as much as any of the young men, and merely because his face is black is he to be denied instruction?" she asked. "How is he be be qualified to procure a livelihood? Is this the Christian principle of doing unto others as we would have others to do to us?. . . She requested that the boys be sent to her. "Tell them. . . that I hope we shall all go to Heaven together." And this, she was please to report to Adams, ended the crisis. She heard no more on the subject; James continued in the school. . . "




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Thursday, December 1, 2016

Update . . .


(from http://www.huffingtonpost.com/entry/steven-mnuchin-treasury-secretary_us_582caddbe4b058ce7aa8b9c0)
". . . Donald Trump said the system is rigged. . . hedge fund managers are “getting away with murder.” . . . he’d “tax Wall Street.” . . .called Washington D.C. corrupt and promised to “drain the swamp.” . . . said his opponent Hillary Clinton was too cozy with the banks, as epitomized by her closed-door paid speeches. . . said Clinton’s vice presidential nominee, Tim Kaine, was “owned by the banks” and that he, Trump, would break them up. Trump closed his campaign with an ad bashing Goldman Sachs and George Soros, using classically anti-Semitic phrases. . . And now, according to The New York Times, ABC and CBS, the president-elect has chosen a second-generation Goldman Sachs partner who worked for George Soros before starting a hedge fund and buying IndyMac, a failing California bank that made billions while foreclosing on homeowners after the financial crisis. . . Steven Mnuchin. . . "


(from http://www.nbcnews.com/politics/politics-news/donald-trump-proposes-two-illegal-responses-flag-burning-n689726)
". . . (Trump, the)president-elect advocates two blatantly illegal punishments for Americans engaged in free speech. . . "Nobody should be allowed to burn the American flag," Trump wrote on Twitter, "if they do, there must be consequences - perhaps loss of citizenship or year in jail!". . . There are no criminal consequences for flag burning, however, because the Supreme Court has twice ruled that flag burning is a type of political expression. That means it is protected from government punishment by the First Amendment, regardless of what Congress or the president thinks. . . "






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Sunday, April 17, 2016

Banks . . .


(from http://www.huffingtonpost.com/entry/elizabeth-warren-big-banks_us_570ea9d6e4b03d8b7b9f52aa)
". . . But Warren directed her sharpest words at an unnamed set of people who have recently downplayed the role of big banks in the financial crisis and questioned the value of breaking up big banks — an apparent reference to the Nobel Prize-winning Krugman. . .“There’s been a lot of revisionist history floating around lately that the Too Big to Fail banks weren’t really responsible for the financial crisis,” Warren said. That talk isn’t new. Wall Street lobbyists have tried to deflect blame for years. But the claim is absolutely untrue.”. . ."




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Saturday, February 27, 2016

Would . . .



. . . That it were so simple . . .


(from http://www.huffingtonpost.com/benjamin-studebaker/bernie-vs-hillary-matters-more-than-people-think_b_9209940.html)
". . . So Bernie Sanders is not merely running to attempt to implement a set of idealistic policies that a Republican-controlled Congress is likely to block. He is running to take the Democratic Party back from an establishment that ignores the fundamental systemic economic problems that lead to wage stagnation and economic crisis. . . Those who say that the Democratic Party cannot be reclaimed by the FDR/LBJ types or that if it is reclaimed it will flounder in elections against the GOP are thinking too small. In the 1968 and 1976 republican primaries, this guy called Ronald Reagan was running to take the Republican Party back from the Richard Nixon types who went along with the democrats on welfare and regulation in a bid to return the republicans to their 1920s Calvin Coolidge roots. . ."






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Wednesday, September 5, 2012

Stretch?. . .

. . . you decide. . .
 (by David Horsey)
"It is not too much of a stretch to say the National Rifle Association profits from mass killings like the slaughter at the theater in Aurora, Colo., and the killings at the Sikh temple in Oak Creek, Wis. The NRA is, after all, a fundraising machine that runs on fear and a sense of crisis, even when the fear is false and the crisis manufactured.

A former Republican lawmaker has made public a four-page fundraising letter from the NRA's executive vice-president, Wayne LaPierre, that was sent out to gun enthusiasts just three days after a young man styling himself as the Joker turned a showing of the new Batman movie into a bloody massacre. The Republican whistleblower apparently found the timing of the solicitation just a bit unseemly. At the same time, he insisted on anonymity. Even an ex-officeholder does not want to end up on the NRA's hit list.

In the NRA's defense, such mailings for money generally take weeks to prepare, so it is highly unlikely the letter was sent in response to the Aurora incident. Still, it was convenient timing. In the days after the Joker went wild, sales of firearms and ammunition boomed. The gun-loving populace, it seems, has been convinced by years of NRA propaganda that any mass shooting will be used as an excuse for government agents to start confiscating firearms, so they rushed to stock up before the feds came to their door.

Mr. LaPierre's fundraising missive was yet another example of this fear mongering. In the letter, the NRA leader says President Barack Obama's re-election would lead to "confiscation of our firearms" and, potentially, a "ban on semi-automatic weapons."
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"The future of your Second Amendment rights will be at stake," writes Mr. LaPierre. "And nothing less than the future of our country and our freedom will be at stake."

The truth, of course, is that most Democrats have given up the fight to restrict guns, and Mr. Obama has shown no inclination whatsoever to renew that battle. Nevertheless, the NRA needs money, and the money will not come if gun owners do not think they need the lobbying power of the NRA to protect their right to keep and bear arms. In recent years, revenue from NRA membership dues has dropped, as has total income for the organization. So, increasingly, Mr. LaPierre and company have come to depend on contributions from freaked-out gun nuts.

One steady stream of NRA dollars comes from an interesting source. A 1986 law erased the ban on interstate sales of ammunition. Since then, consumers have been encouraged to add a little extra to the total when they buy their bullets online or by mail order. That tip goes to the NRA. Since 1992, these nifty gratuities have reportedly brought in $9.3 million to the organization. That means that every time there is a run on ammo in the wake of a mass shooting, Mr. LaPierre's budget gets a nice boost.

There is a sick symbiosis between the deranged acts of the lone gunmen and the revenue stream of the NRA. In no way can the NRA be blamed for the actions of the shooters, of course, but it sure would be nice to see Mr. LaPierre take a day off from stoking the fear and raising the dough, at least while families mourn the dead."

[Two-time Pulitzer Prize winner David Horsey is a political commentator for the Los Angeles Times. Go to latimes.com/news/politics/topoftheticket/ to see more of his work]





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