Monthly Archives: August 2009

Report: US makes $4 billion profit from bailout banks

Posted by GeoT
Don’t wanna’ say I told you so, But I told you so ๐Ÿ™‚ How will the various factions spin this one? Will anyone anywhere on the political spectrum (I’m talking to you Paul Krugman) admit that the bailout just might have been a wise investment? Investments in American companies that we now see returning a handsome PROFIT to the taxpayers.
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Critics of the bailout were concerned that the Treasury Department would never see a return on its investment. But the government has already claimed profits from eight of the biggest banks.
The Times cited government profits of $1.4 billion from Goldman Sachs, $1.3 billion from Morgan Stanley and $414 million from American Express. It also listed five other banks โ€” Northern Trust, Bank of New York Mellon, State Street, U.S. Bancorp and BB&T โ€” that each returned profits between $100 million and $334 million.

story from

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Filed under Bailout, Money, TARP, Uncategorized

President Obama’s Message on the Anniversary of Hurricane Katrina


Posted by Audiegrl
Today on the fourth anniversary of Hurricane Katrina, President Obama used his weekly address to touch upon the importance of disaster readiness for American families.

On this anniversary, we are focused on the threat from hurricanes. But we must also be prepared for a broad range of dangers โ€“ from wildfires and earthquakes, to terrorist attacks and pandemic disease. In particular, my Administration is working aggressively with state and local governments โ€“ and with partners around the world โ€“ to prepare for the risk posed by the H1N1 virus. To learn more about the simple steps that you can take to keep you and your family safe from all of these dangers, please visit www.ready.gov.

So on this day, we commemorate a tragedy that befell our people. But we also remember that with every tragedy comes the chance of renewal. It is a quintessentially American notion โ€“ that adversity can give birth to hope, and that the lessons of the past hold the key to a better future. From the streets of New Orleans to the Mississippi Coast, folks are beginning the next chapter in their American stories. And together, we can ensure that the legacy of a terrible storm is a country that is safer and more prepared for the challenges that may come.–President Barack Obama

National Preparedness Month (NPM), is a nationwide effort held each September to encourage Americans to take simple steps to prepare for emergencies in their homes, businesses and schools.

Please take a moment and visit the site. It has a wealth of information that will help your family. I really enjoyed watching the PSA’s on the site. They interviewed different families and asked them separately about their own ’emergency plans’. Each family member had a different idea of where they are to meet, and none of them had any emergency supplies like water, non-perishable food, etc. to last them more than two weeks. My family is like the one who only had crackers and tomato paste. ๐Ÿ˜‰

So this is an eye opener for me, and our pantry will definitely be stocked in the future.

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Filed under Medicine, Politics

Can there be any room for a centrist at a health care reform town hall meeting?

Posted by Audiegrl
Star Ledger Live’s Brian Donohue found out pretty quickly that adults at a town hall held in the Red Bank Middle School, are not necessarily going to be better behaved than the regular middle school students. There was no discussion, no real listening, and no way to call the principle or send them to detention. When health care reform opponents start shouting down a disabled woman in a wheelchair, there is no hope for a adult discussion.

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Filed under Media and Entertainment, Politics

Universal Health Care Message to Americans From Canadian Doctors

Posted by Betham37
Canadian Doctors for Medicare hosted a celebration of Medicare in Canada. The speakers included Roy Romanow, former Saskatchewan Premiere and Commissioner on Health Care in Canada. They tell Americans that Canadian universal health care works and encourage Americans to implement a single payer universal health care systems.
(via betsm)


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Filed under Medicine, Uncategorized

14 Rare Color Photos From the FSA-OWI (1940’s)

Posted by GeoT
(The photography is spectacular)

samples from the collection

samples from the collection

Under the direction of Roy Emerson Stryker, the FSA sent photographers to document the plight of the rural farmer during the Great Depression and the progress of New Deal programs. When the U.S. entered World War II, the photography program continued under the Office of War Information (OWI).

The best-known FSA photographs are in black and white. Less commonly seen are the color photos by FSA and OWI photographers, shot between 1939 and 1945.

See the rest of the collection @:

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Filed under Culture, History

Ten More Companies Say ‘NO’ to Glenn Beck

Glenn Beck: I'm A Crybaby

Glenn Beck: I'm A Crybaby


Posted by Audiegrl
Update from Color of Change:

Today we’re announcing that ten more companies have made sure their ads won’t run on Glenn Beck’s program:

Adding to an increasing list of companies distancing themselves from Fox News Channel’s Glenn Beck, ten new companies whose ads were recently seen during Beck’s program–Applebee’s, Bank of America, Bell & Howell, DirecTv, General Mills, Kraft, Regions Financial Corporation, SAM (Store and Move), Travelers Insurance and Vonage–have pledged to take steps to ensure that their ads don’t run on Beck’s show. Forty-six companies have now committed not to support Beck’s show since ColorOfChange.org launched its campaign three weeks ago after the Fox News Channel host called President Obama a “racist” who “has a deep-seated hatred for white people” during an appearance on Fox & Friends.

Three of the latest defections–Travelers Insurance, Bell & Howell and DirecTv–join the list of advertisers who claim to have already placed Glenn Beck’s program on a “do not air” list, but whose ads have been seen on Beck’s program, apparently against their wishes.

“We could not be happier with the results of our campaign so far,” said James Rucker, Executive Director of ColorOfChange.org. “All 46 companies that have distanced themselves from Glenn Beck should be applauded for their stance.”

“We are still reaching out to companies whose ads we see during Beck’s nightly program,” Rucker continued. “Based on the fact that many of the recent ads on Beck’s program are for gold coins and News Corp properties, it looks like Fox News Channel is struggling to place advertisements on Beck’s show.”

Over 170,000 people have now signed our petition to Glenn Beck’s advertisers, and it’s working.

Click here for the statements from the new companies distancing themselves from Beck and find out how you can help.

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Filed under Media and Entertainment, Politics

Michael Moore’s “Capitalism: A Love Story” Trailer And Poster Released

Posted by GeoT

Michael Moore’s next film explores the root causes of the global economic meltdown and takes a comical look at the corporate and political shenanigans that culminated in what Moore has described as… con’t

cap

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Filed under Humor, Media and Entertainment, Uncategorized