…there was no next time

Posted on July 21, 2011 by Deadly Clear

…there was no next time.
By DEADLY CLEAR
July 21, 2011

Now is the time to speak up… Newsmax.com (a right-wing news blog) writes the ‘Gang of Six’ Plan ‘Total Joke’ and comments, “[T]he compromise plan that the so-called “Gang of Six” in the Senate is proposing to solve the debt-ceiling crisis is a “total joke” that shows nothing but contempt for the American people, Mark Steyn writes in The Corner column at National Review Online.”

Progressive Democrats (a Progressive Change Campaign Committee PAC) are opposing President Obama and are refusing to re-elect him if he cuts Social Security and Medicare to which Senator Bernie Sanders from Vermont says, “This senator is going to fight back. I was not elected to the United States Senate to make devastating cuts in Social Security, in Medicare, in Medicaid…”. And Investment firm economists like Mike Larson of Weiss Research, Inc. are urging their subscribers by email to be concerned saying, “I think it shows just how unsolvable our nation’s Continue reading →

The Free House Myth – or Reality?

Posted on July 20, 2011 by Deadly Clear

The Free House Myth – or Reality?
July 20, 2011

Katie Porter posted an interesting viewpoint on the Credit Slips blog this week called the The Free House Myth. A synopsis of the column points to the fact that the banks may
have bad paper now – but they’ll be back. It almost sounded like Katie had been drinking Kool-Aid with RCO when she stated in her closing line, “[T]he free house is political handwringing, not legal reality.”

Porter came under fire by no less than (my personal favorite) Adam J. Levitin, Professor of Law at Georgetown University. Professor Levitin has provided significant testimony before Congress and has dissected the Wall Street securitization scheme that collapsed our economy. Professor Levitin posted his comments to politely debunk Porter’s ‘no free house’ viewpoint…
Continue reading →

Idiots of the Week

Posted on July 17, 2011 by Deadly Clear

Much like Keith Olbermann believes that people who make stupid, mean and bad remarks should be exposed as an example of The Worst Persons in the World – I think the same should be said for those that have lopsided agendas. This week’s DEADLY CLEAR “Idiots of the Week” are Gary Shilling and Arnold Kling.

Mr. Shilling’s comments in moneynews.com’s article: Plunging Home Prices to Spark 2012 Recession are directly out of the Wall Street propaganda playbook.