Michael O. Allen

Tag: Economy

  • The 2012 State of the Union

    Remarks by the President in State of the Union Address United States Capitol Washington, D.C. 9:10 P.M. EST THE PRESIDENT: Mr. Speaker, Mr. Vice President, members of Congress, distinguished guests, and fellow Americans: Last month, I went to Andrews Air Force Base and welcomed home some of our last troops to serve in Iraq. Together,…

  • A perspective on Obama’s election

    The Central Virginia Progressive-The DAVISReport sends us The Ethnicity of our President Elect and how it changes the paradigm A friend sent me the essay below and when I read it I knew I had to share it on this blog. The author, Mr Robert J. House, in his 70’s, is a retired professional man…

  • Bait, then switch

    The Central Virginia Progressive-The DAVISReport sent us Bait and Switch Are you confused? I know I am. Unsure from the beginning, I grudgingly supported this financial bailout fiasco, believing the money moguls in D.C. who said we had to. Turns out they don’t know what they are doing either?! Now instead of using all that big money…

  • Leadership

    President-Elect Barack Obama Holds First Press Conference Transcript of the news conference: Obama: Thank you very much, everybody. Thank you very much. This morning, we woke up to more sobering news about the state of our economy. The 240,000 jobs lost in October marks the 10th consecutive month that our economy has shed jobs. In…

  • Palin’s understated brilliance

    I know all of us are holding our breath for Alaska Gov. Sarah Palin to wow America all over again during her vice-presidential debate with Delaware’s Sen. Joe Biden Thursday night. One newspaper has called Mrs. Palin’s debating skills “formidable.” The New York Times says she’s a confident debater. In fact, the Obama campaign, calling…

  • Where it really hurts

    As I am in the habit of doing, I fired off this e-mail to a family friend working overseas this morning: Can you believe what’s going on here? The country is going down the tubes. * * * In some countries I know, Treasury Secretary Henry Paulson (he cashed out from Goldman Sachs in 2006…

  • Outdated but still funny

    Welcome wagon Serrano Votes Against Wall Street Bailout – NY Times BlogShare, Yesterday at 8:31pm Four of New York State’s 29 representatives voted no on the $700 billion economic bailout package that the House of Representatives rejected on Monday in a historic vote, 228 to 205. The four no votes from New York State came…

  • More like this

    The Midnight Hour The words: Senator McCain just doesn’t get it. He doesn’t understand that the storm hitting Wall Street hit Main Street long ago. That’s why his first response to the greatest financial meltdown in generations was a Katrina-like response. Sort of stood there. Said the fundamentals of the economy are strong. That’s why…

  • We saw this movie before

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  • Bushism, again

    “There’s an old saying in Tennessee — I know it’s in Texas, probably in Tennessee — that says, fool me once, shame on — shame on you. Fool me — you can’t get fooled again.” George W. Bush, 2002 Just after the September 11th terrorist attacks occurred, George W. Bush went before the nation and…