Constructive gadfly
stevendedalus's Articles » Page 4
December 24, 2009 by stevendedalus
It's true that no longer should bankers lend with abandon and that too many small businesses have no need to expand and hire. So why doesn't the government reverse the tarp and have these fat cats lend to contractors of infrastructure to speed up the role of investments where it will do the most good? It always rankles me when I see the likes of Coca Cola and McDonalds heralded as great investments as though we really needed them--investors have no imagination, especially investment bankers, exc...
December 24, 2009 by stevendedalus
The Senate must be purged by the electorate; it cannot exist as is if it is to be "the greatest deliberative body in the world." The likes of Dorgan, Lieberman, Snowe, Dodd, Nelson of Nebraska, and many others are petty and look to the money peddlers for their orders. Senate should no longer be permitted to have contact with the rotting corporate body of lobbyists.
December 24, 2009 by stevendedalus
Stockholders are apathetic in permitting huge salaries, bonuses and perks to company executives. The only way to combat these nonsensical obscenities is for the government to tax the wealthy at the old FDR, Truman, Eisenhower 90+% rate coupled with tax credits for worthy domestic investments.
December 24, 2009 by stevendedalus
  M ean, scowling mugs replaced by spirited smiling faces E loquent simplicity of the season’s voice R eindeer icon for clean transportation R eality shows at long last terminated. Y ea unto national prosperity in the new year C ontemptible senators thrown out of office H earts warmed by the season R ichly deserved is the national health plan I nnocence regained, however fleeting S ilver bells in lieu of clunky alerts f...
December 24, 2009 by stevendedalus
How can we be sure that bankruptcy from medical expenses is outlawed? Why isn't Cobra built into unemployment insurance? Why can't healthcare be a given, rather than a purchased commodity? Employer based insurance is obsolete, why not begin a phase out by incorporating company plans into Medicare and keeping the insurance company as a supplement? I have little faith the hodge-podge being developed or rather watered down by the Senate stands a chance to be effective; especially for those on the p...
December 24, 2009 by stevendedalus
"The legislators may just discover that the bank money is toxic, and standing with the banks perilous to their political careers." This quote is wishful, naive perception. Since the birth of this nation it is the Senate that has been too big in egoism to fail! By its very nature--despite the myth of profiles in courage--it is 99% flunkeys to Wall Street even though dissenters always claim conscience driven motives to hide the backdoor of oligarchy.
November 30, 2009 by stevendedalus
Economist bean-counter Robert Samuelson is panicky over healthcare for millions more running up the national debt.[The uninsured] "already receive substantial medical care." Apparenly it is not worth putting in jeopardy other enterprises such as the war machine, outsourcing and Wall Street bonuses.  
November 20, 2009 by stevendedalus
According to Robert Reich "both sides of the Pacific is that both America and China are capable of producing far more than their own consumers are capable of buying." Only true, particularly in this country that is under an industrial famine and no longer capable of real productivity and wages. China, would have its hands full keeping up with domestic demand if it ever developed a substantial social safety net and nearly a billion middle class population.
November 6, 2009 by stevendedalus
Grayson is old McCarthyism in reverse. True, the republican party deserves a kick in the ass for its obnoxious obstruction tactics, yet Democrats should not fall to their level. If Republicans can't see the enormous compromise the Democrats have made in not demanding single payer healthcare, then an up or down vote on tbe public option should be done immediately; nor should congress delay an effective date but activate the healthcare bill by January.
October 31, 2009 by stevendedalus
Wall Street has always been a large scale Casino, dwarfing Las Vegas. Once these thugs lose sight of trading and lending on the quality of collateral assets, and legitimate good will, the wheel never stops. As a matter of fact, everything in life is at risk, but that doesn't stop us from striving for low level risk. Read more at: http://www.huffingtonpost.com/users/profile/stevendedalus3?action=comments
October 30, 2009 by stevendedalus
Finance committee on healthcare in introducing its infinite amendments to amendments is indicative of lawmakers sophistry and insincerity, reducing the Senate to brazen dysfunction and embarrassment. Republican members clearly favor protecting the rates and profits of the health industry under the aegis of the free market, while the Democrats contort reform with double talk by insisting on “change” that barely changes anything because it is constrained by fitting change into a dogge...
October 29, 2009 by stevendedalus
Does a finely manufactured product really need the Martha Stewart signature? Won’t any thick bath towel dry the rump as well? Though I was a devout fan of Ted Williams, I thought—granted, testimonials were rampant— it imbecilic for Sears to have him endorse all its sporting products. Unfortunately, I didn’t think that way when at thirteen years of age, I "walked a mile for a Camel" on Joe DiMaggio’s say-so.  
October 29, 2009 by stevendedalus
What’s wrong with a change of heart? For seven years Bush never had a heart in Afghanistan, but when Obama "dithers" even though he had committed forces there as one of his first acts in office, now he’s hesitant over committing more. Bravo. However. It’s wrong to keep troops already there in suspension. I say, just get the hell out of there, including Iraq. Nor is there any point—in order to win—in bombing them back to the Stone Age because Afghans have never left....
May 4, 2009 by stevendedalus
You don’t hear much today about the nanny state even though it is displayed in the full dress of overwhelming force. Criticism of nanny is ordinarily directed toward the welfare mother, pubic housing, government employees, social security and Medicaid, Medicare, even national emergency handouts, which has now become financial behemoths as too big to fail, when in faith we are told, the free market is capable of taking care of itself. Much like insurance companies notorious for exorbitant c...
May 2, 2009 by stevendedalus
First of all, I don’t want to hear anymore about the poor sacrificing US taxpayer shelling out hard earned money for bailouts—it’s the hard working Chinese tax payer who’s doing the bailing out. Sure, our great grandchildren will eventually get the bill in the mail, but by that time it will be inconsequential inasmuch as China shall have claimed ownership of the good old USA. As for Geithner it’s too soon to judge—in light of current upbeat stockmarket r...