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“We are screwed because of the wrongdoing of others.” – Speaker in Irish Parliament Our current financial mess won’t end until bailing out companies and countries with hundreds of billions by governments to protect bonds and loans (and making the public pay for it) is replaced by those entities instead defaulting and forcing the [...] Excerpt from National Ransom, the title track from Elvis Costello’s latest. They’re running wild Just like some childish tantrum Meanwhile we’re working every day Paying off the National Ransom Woe betide all this hocus-pocus They’re running us ragged at their first attempt Around the time the killing stopped on Wall St. You couldn’t hold [...] Jawboning the use of public appeals (as by a president) to influence the actions especially of business and labor leaders Obama denies bailout funds to automakers The White House says neither GM or Chrysler submitted an acceptable plan. The GM CEO has resigned effective immediately after Obama requested he do so. It appears the government [...] From Harpers Magazine, Dec. 2008, who says “By Will Rogers, from a recording released May 31, 1923, by Victor Records. The origins of the speech are unknown; Rogers may have been speaking before the annual convention of the American Bankers Association in 1922, in New York City. The document is included in The Papers [...] |  | ||||
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