Tuesday, December 30
Sunday, December 28
Saturday, December 20
Friday, December 19
The new rules come on the heels of a $700 billion federal bailout of the financial system, including $125 billion invested in the nine largest U.S. banks. Recent moves by JPMorgan Chase & Co., Citigroup Inc. and other firms to add charges and decrease the amount of money cardholders can borrow at the same time they’re taking taxpayer dollars have angered some customers.
“People are totally confused,” said Mark Zandi, chief economist at Moody’s Corp.’s Economy.com. “The taxpayer is essentially a big owner in JPMorgan, Bank of America and Citigroup, and these are the folks who make credit-card loans. Many are asking, ‘So why is it that my credit-card loan got pulled? Why am I being charged a higher rate?’”
A decline in spending by consumers and a rising number of defaults are leading Citigroup, JPMorgan and other lenders to increase fees and interest rates for some customers and cut the amount others can borrow. The changes are intended to reduce risk and raise revenue.
Read entire article here.
Wednesday, December 17
Tuesday, December 16
Thursday, December 11
Wednesday, December 10
Here is what I don't understand: If you know that you are doing wrong, then why are you talking? Why appear in front of cameras and essentially dare the authorities to try to get evidence? Unless Gov. Blagojevich is completely devoid of conscience understanding, he knew that anyone wiretapping him would have good evidence. Was it just arrogant bravado for the cameras? Why say anything at all? How about, "I am here to show my support for the workers. I have no comment at this time regarding accusations against me." Would that have been so hard?
Monday, December 8
Suffice it to say, I just think people should be respectful of individuality, patient with differences, and stop using their personal beliefs as an excuse to be unkind. It always amazes me when I see someone being angry and judgemental and condescending while wearing a Christian cross around their neck. I mean, doesn't following Christ mean something anymore? Or is it just jewelry and random words? If you choose to believe that Christ is your Savior, then why not do your best to treat others like he did? I remember those stories about him from church as a kid. He seemed like a good guy. He said some good things. He did a lot of good deeds. He was kind, patient, giving and forgiving. Seems like someone to emulate, not use to degrade and disrespect others.
To paraphrase a line from Studio 60: If a gay couple moves in next door, how does that impact my family relationships? And if it does, why is it their problem??
Sunday, December 7
Friday, December 5
The 21st Amendment was ratified on December 5, 1933. This amendment officially declared alcohol consumption, transportation, and possession would be legal again. Now, I wasn't alive to see this happen - hell, my grandparents were not even alive then - but I can imagine the reaction to this news went something like this:
"Thank you, Congress! I am so happy you have allowed me to drown my sorrows in a bottle of bourbon!"
"Cool! Maybe I can drink away the existence of the Hoover Administration!"
Again, I wasn't there. This is supposition, folks. But I'm probably close, right?
The point is that we can legally imbibe and we have been doing just that for 75 consecutive years. So in celebration of that, we are being asked to do more:
"This anniversary is a great time to recognize the success of the past 75 years of effective, state-based alcohol regulation since the ratification of the 21st Amendment," said NBWA President Craig Purser. "Today, American consumers of legal drinking age have access to nearly 13,000 labels of beer from the smallest craft brews to the largest multinational labels - all delivered through a transparent and accountable alcohol distribution system. If you're of legal drinking age, join America's beer distributors in raising a glass on December 5 to the 75th anniversary of the 21st Amendment and today's successful system of state-based alcohol regulation."
Sounds reasonable to me. Then again, I am so easy.
Thursday, December 4
Wednesday, December 3
Last night, Engel was armed with a great tool - a map. Engel and Maddow talked about the Afghanistan - Pakistan - India conflict. If you missed it last night, please watch the video clip below.