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Obama’s Tax Plan Similar To 2001 Failed Plan

Posted by Sal Traina Categories: Editorials, History, US Economy

obamabush

After the terrorist attacks of Sept. 11, 2001, the US’s economy took a big hit. At the time, then President George Bush thought a stimulus(tax rebate) would help the economy recover. After two years of analysis, the government decided that their plan to “inject” money to the economy did nothing to help it’s condition. It didn’t help.

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Video: President Barack Obama’s Inaugural Address

If you happened to miss this mornings festivities, here’s your chance to watch President ‘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 inauguration speech 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


Werd: Pirate - Part Four

Posted by Patrick Snajder Categories: Editorials, History, US Economy

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So in case some of you didn’t get the subtle satire, Part Three of this week’s Werd said that pirates can’t exist without capitalists.  If we want capitalism, we should expect pirates; if we want to rid ourselves of pirates, all of the laws and security in the world won’t ever get rid of them, so long as we still cling to capitalism. 

Today I received my copy of the January issue of Harper’s Magazine.  The very first entry I read is by former Editor-in-Chief Lewis H. Lapham, who writes about the financial crisis, etc.  Spurred by Thomas Friedman’s myopic quote that says Americans need to get back to their roots and “thinking about how—not just how much,” Lapham notes that the foundation of America’s independence from Britain was largely due to America’s embrace of privateers, who attacked British merchant ships and sold the profits of the booty to the French to support the revolution.  Loathe as I am to include huge block quotes of pirated text, I can’t help but reprint part of Lapham’s opening editorial that relates directly to this week’s Werd and essentially proves the subtle slants of arguments about pirates that I have been setting up all week.[1] Lapham, better than I, writes my perfect and fitting conclusion.  Here we go…:

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