Tag Archives: financial crisis

Independent US Senator Bernie Sanders currently filibustering Obama-GOP tax deal

Watch it live online on  C Span’s website.

From TIME:

Beginning at 10:25 am Friday morning, the independent senator took to the Senate floor in an attempt to block President Obama’s hefty new tax bill. The bill is an extension of Bush-era tax cuts to the income of the U.S.’s richest citizens and has been criticized as an excessive compromise on Obama’s part.

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Irish Green Party, essential to current coalition, to quit government, forcing 2011 elections

In a step that may restore the oft-doubted credibility of the Irish Green Party, due to its presence in and necessity for a coalition government which presided over the financial crisis in Ireland, the party has called for an election, which will be held in January.  A very, very brief summary from the Christian Science Monitor:

Green Party calls for January election

The leader of the Green Party and Minister for the Environment John Gormley this morning announced his party’s intention to push for an election in the second half of January.

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Libertarians Call For More Finance Industry Freedom

April 30, 2010
WASHINGTON – Libertarian Party Executive Director Wes Benedict issued the following statement today, regarding the financial regulation legislation in Congress:

“The Libertarian Party opposes the legislation currently in Congress. Instead of removing harmful regulations that reduce competition, create winners and losers, and stifle the choices of consumers and financial firms, this legislation merely adds to that heap of regulations.… Read more ...

3rd Party activists meet in Minneapolis

Report sent to contact.ipr@gmail.com by Michael Calvan RN. No changes have been made to the text.

Last week there was a meeting of Third Party activists in Minneapolis, Minnesota.

The purpose of the meeting was to discuss and strategize on building an effective electoral resistance to the current pro-war, corporate corrupted two party system.

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Let’s Look at the Issues: Consumer spending

What does Nobel laureate economist Paul Krugman have to say about the recent decline in consumer spending? Let’s take a look at his perspective and prescription, from the New York Times:

The long-feared capitulation of American consumers has arrived. According to Thursday’s G.D.P. report, real consumer spending fell at an annual rate of 3.1 percent in the third quarter; real spending on durable goods (stuff like cars and TVs) fell at an annual rate of 14 percent.

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Ohio candidate for AG lauds ‘programs to support homeowners’

Independent candidate for Ohio Attorney General Robert Owens praised voluntary programs to help homeowners being foreclosed upon in a press release today. He mentioned his experience as a pro bono prosecutor and attacked the Democrat for proposing excessive government intervention.

The press release is posted below:

COLUMBUS, OHIO – Attorney General candidate Robert Owens released a
statement today supporting the Franklin County Homeowner Helpline as a
leading program to assist Ohioans facing foreclosure.
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