Category Archives: Economy
One Percent Pander
In an ABC interview with Jake Tapper last night, Obama reached out to the Occupy Wall Street crowd and called for a more “egalitarian” society.
No word yet on a bail-out for Wall Street’s investment in Obama.
Update: It turns out the president is still raking The Street.
NCAA Gone Wild
Only the NCAA could make you feel sorry for today’s self-centered elite athletes.
The self-centered ruling body of college sports made a late hit on Ohio State wide receiver DeVier Posey by adding 5 more games to an earlier suspension for trading trinkets for tattoos. The latest suspension was for earning $728 “too much” at his summer job.
Taylor Branch has a great piece in the Atlantic that shows how the NCAA wormed its way into a position to conspire with big-time college coaches, athletic directors, and presidents to deny so-called “student athletes” their property rights to the share of the wealth they help generate.
President’s in Glass White Houses Shouldn’t Throw Bricks
Continuing to lead from behind, Obama followed the examples of Dick Durbin and the Occupy Wall Street Teatotalitarians (your totalitarian alternative to the Tea Party) by taking a whack at the banks. True, banks are greedy. I think it’s in their mission statements. They maximize bail-out dollars for pension fund shareholders.
Still, there was no mention of the gal who made it all possible – Fannie Mae.
