Wanda Sykes roasts Obama, Bush, Cheney, and more
Posted by Andru Edwards Categories: Humor, Videos
If you haven’t seen this one yet, be ready to laugh. Wanda Sykes kicked things off at the annual White House Correspondents Dinner last night with a comedy set that roasted Barack Obama, former President George W. Bush, Dick Cheney, Sarah Palin, and many others. Heck, she even took Rush Limbaugh to task for saying that the hopes Obama fails, which Sykes said was outright “treason.”
The event was attended by many politicians, as well as celebrities like Tom Cruise, Katie Holmes, Whoopi Goldberg, Tyra Banks, and more.
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Video: The Credit Crisis Simplified
Posted by Andru Edwards Categories: Business, US Economy, Videos, Wall Street
I think we can all admit that the current credit crisis can be a bit difficult to understand and grasp by the average person. That’s why we like this video by Jonathan Jarvis, The Crisis of Credit Visualized. He breaks it down into plain English surprisingly well. Check it out, and let us know what you think in the comments.
Video: President Barack Obama’s Inaugural Address
Posted by Andru Edwards Categories: History, Site Features, US Economy, Videos, War
If you happened to miss this mornings festivities, here’s your chance to watch President Barack Obama‘s inaugural address, in it’s entirety. President Obama gives a stirring speech on where he sees this country going, and what we all need to do to get there. You can also check out the full transcript of Obama’s address as well.
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Barack Obama’s inaugural speech transcript
Posted by Andru Edwards Categories: Elections, History, US Economy, War
Barack Obama was sworn in on Tuesday, January 20, 2009, as the 44th president of the United States of America. He is also the country’s first (half) African-American president. He gave a stirring speech on this morning - here’s a transcript of that prepared speech:
My fellow citizens:
I stand here today humbled by the task before us, grateful for the trust you have bestowed, mindful of the sacrifices borne by our ancestors. I thank President Bush for his service to our nation, as well as the generosity and cooperation he has shown throughout this transition.
Forty-four Americans have now taken the presidential oath. The words have been spoken during rising tides of prosperity and the still waters of peace. Yet, every so often, the oath is taken amidst gathering clouds and raging storms. At these moments, America has carried on not simply because of the skill or vision of those in high office, but because We the People have remained faithful to the ideals of our forebearers, and true to our founding documents.
So it has been. So it must be with this generation of Americans.
Click to continue reading Barack Obama’s inaugural speech transcript
The impending Social Security crisis
Posted by George Regal Categories: Taxes, US Economy
Social Security (SS) is called the third rail of American Politics; when, in truth, it’s just a third rail period! Within the next ten years outlays for Social Security will exceed incoming revenue from SS taxes and things get really interesting. Now, you may be saying, what about all the money in the SS Trust Fund? Well, my friends, it’s time for a little truth about Social Security.
Since its inception, Social Security has generated an annual surplus; this means that after paying out current benefits, there is money left over. What happens to this money? It goes into the general fund (the same place the rest of your taxes go) and is spent on other programs. When the government spends the Social Security surplus it prints Treasury bond certificates equal to the amount that went into the general fund. Normally, Treasury bonds are sold on the open market. Again these are the same instruments that China has purchased, and the same bonds now being swapped for stocks and bonds in the current bailout. (See “Big Trouble in Little Washington”) The Treasury bonds printed for Social Security however, are quite different. By law they cannot be sold on the open market, they are stored in a vault in West Virginia. Had these bonds been sold on the market, they would have been inflationary (increasing the money supply) just like regular Treasury bonds.
Click to continue reading The impending Social Security crisis
Videos: 2008 Presidential Debates
Posted by Andru Edwards Categories: Domestic Policy, Elections, Foreign Relations, Taxes, Videos
Thanks to the wonders of the Internets, even those who weren’t able to catch the debates when they aired live (as well as those who don’t own TiVos) can still catch up on what exactly was said, without having to listen to the opinions of pundits and those in the media who may try to spin things.
We’ve got both of the dates that have happened thus far here for you. Above, the Vice Presidential debate between Joe Biden and Sarah Palin, originally from October 2. After the break we’ve got the first Presidential debate between Barack Obama and John McCain. That one took place on September 26 from the University of Mississippi in Oxford.
Click to continue reading Videos: 2008 Presidential Debates
Video: Diddy is scared of Sarah Palin
Posted by Andru Edwards Categories: Elections, Humor, Videos
In the latest edition of his Diddy Vlog (this would apparently be #24, if we want to be exact), hip hop mogul Diddy seems to have resorted to lunacy in his attempts to get his fans to get out there to register and vote this November. As you’ll see in the video, Diddy is scared. The culprit? Sarah Palin. Hey, I’m as scared of her as the next guy, but at the very least, I can articulate why I’m scared. It would have been nice if Diddy would have went that extra mile to actually put a message out there.
In the video, he does show that clip of Sarah Palin talking with Katie Couric about which magazines and newspapers she reads to keep up with everything going on - you know, the one where Sarah couldn’t name one single source? But still, that isn’t enough. At least at the end he throws out the call to action. Get out there and vote, peeps.
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