Browsing the archives for the kucinich tag.

XOFNews

Uncategorized / Misc

I created XOFNews — pronounced like “Scoff News” — because FOX News has gone through the looking glass and become a mirror image of itself.

Last week, FOX News fired Sarah Palin and hired Dennis Kucinich.

Vote:70 Vote down Vote up
No Comments

Futility In The Economy

Sisyphus' Slope

Dennis Kucinich explains the futility of the Wall Street bailout.  [update 14-Oct-2016: Google for the full text here]

Here is a very quick explanation of the $700 billion bailout within the context of the mechanics of our monetary and banking system:The taxpayers loan money to the banks. But the taxpayers do not have the money. So we have to borrow it from the banks to give it back to the banks. But the banks do not have the money to loan to the government. So they create it into existence (through a mechanism called fractional reserve) and then loan it to us, at interest, so we can then give it back to them.

Confused?

This is the system.

Vote:11 Vote down Vote up
No Comments

Line Item Vito: Voting Machines in Song

Line Item Vito

sung to the toon of Supercalifragilisticexpialidocious

Vote:5 Vote down Vote up
No Comments
Please Support My Advertisers: