is the News-Press so hard up it has to use a pothead to write editorials and get old stories to fill the front page?? the Victoria Street Theatre story that ran on Sunday is almost an exact duplicate from Dec 12 2010, ie, non-profits behaving badly... the News-Press favors one of the players, the Unity Shoppe, and the front page stories are just a vendetta of sorts against the folks who booted them out of the Vic...
but if you want answers don't ask Don Katich, the News-Press Director of Operations..he was interviewed by Ernie Salomon and seemed very uncomfortable answering questions vis a vis the News-Press...actually, he looked like he was about to cry!! first he says he's the editor, but Wendy and Nipper control everything and won't let him edit the Victoria Street Theater story... Don says he won't be surprised if the city deficit rises to 90 million dollars next year, he 
says he wants to tackle the hard stories like the Victoria Street Theater, keep gov't honest, and go after crooked business people...and he tells Ernie "we're not afraid to back down"....when Ernie asked about the Blue Shield health insurance premiums rising 59%, Katich looked confused and said at least the gov't isn't involved!! the guy was afraid not to offend his boss Wendy, so he just blew smoke up her ass for an hour!! I will be investigating Katich in the future.....now to the pothead, grow house owner/operator Lanny Ebenstein who says the reason why California and America are in debt is because of government workers' perks....
well, I want you all to rise and recite the new Pledge of Allegiance....
I pledge allegiance to the flag, of the United States of America, and to the republic for which it stands, one nation, in debt...
stop right there..why are we one nation in debt?? one state in debt?? well, find a real economist who won't blow smoke up your ass, and you'll get a better look.... such an economist is Allen W Smith...he doesn't own or operate pot houses and he was a real teacher....as for Lanny, he's blowing smoke up Wendy's ass, too..can you guess why?
here's some real economic analysis:
When President Clinton signed into law the bill that repealed the Glass-Steagall Act, on November 12, 1999, he opened the floodgates for mass mergers of companies in the financial industries. In 2000, by creating the budget-surplus myth, Clinton was unwittingly laying the foundation for George W. Bush’s devastating tax cuts. Those tax cuts, along with the deregulation of the banking industry, started the clock that would continue to tick until the Wall Street meltdown.
President George W. Bush pushed through Congress huge tax cuts under the guise that the government had large amounts of surplus money. Bush led the government back into deficit territory during his first year in office, and the deficits just got bigger and bigger throughout the rest of his presidency. When Bush turned over the reins of power to President Obama in January 2009, the national debt, which had been $1 trillion in 1981, and $5.7 trillion when Bush took office in January 2001, was more than $10.6 trillion.
In 2008, the unthinkable happened. At a time when the nation was already spending massive amounts of borrowed money on two wars, the nation’s banking system and the economy went into free fall, and we came much closer to a 1930s-style depression than most Americans realize. The financial system had to be bailed out, and the economy had to receive a large stimulus, in order to keep the nation from plunging into another great depression. This action has contributed enormously to the large deficits and the growth in the public debt in the short term.
We, as a nation, must acknowledge the reckless financial and economic policies of the past and resolve to make a major change in course as soon as the economy recovers enough to minimize the risk that stringent new fiscal polices might throw the economy back into a recession, or worse yet, a depression. But, let us not forget that more than 90 percent of the $10.6 trillion national debt that Obama inherited was accumulated during the years between the beginning of Ronald Reagan’s presidency and the end of the George W. Bush presidency.
will the News-Press do some real investigative reporting ever....they will when I become Pope...
No comments:
Post a Comment