Recently in Economy Category

A few weeks ago, I attended a job fair that was sponsored by the Houston Chronicle. The funny thing was that it was broken into three sections: nursing, engineering, and general. They wouldn't even allow me into the nursing or engineering section even though those companies were also hiring people that weren't nurses or engineers. Heck, I even tried to sneak into them to give them my resume and I was rebuffed.That being said, I...

From Jared Bernstein:            ...

Good ol' BofA has just put the taxpayers on the hook for more of their financial weapons of mass destruction by shifting 53 trillion dollars (that's trillion with a T) in derivatives into an FDIC-insured subsidiary:"By moving toxic assets, i.e. derivatives, into a FDIC insured subsidiary, gives BofA's Merrill derivative holdings indirect access to the Federal Reserve discount window and also if the bank fails where the derivatives are now located, the FDIC is required...

Here are some pictures from the 12th day of Occupy Houston.I took these pictures a few hours ago.Below---When I went to Occupy Houston this time around, there were about 35 people taking part. This is at Tranquility Park in Downtown Houston.  In talking to a few people I've gotten to know, I was told that the crowd ebbs and flows based on the time of day and what is taking place. Occupy Houston is not...

Below are five photos from Occupy Houston that I took yesterday.The Occupy Houston has been going on for a week so far.  1. New participants are always welcome.2. Each day there is an agenda.3. If you come to visit or to stay overnight--There will be some healthy food for you to eat.4. The Occupied Wall Street Journal from the New York Occupy Wall Street effort relates the news from where this movement began.5. This fine...

The giant sucking sound returneth. Times three."Congress on Wednesday approved three long-stalled free-trade deals with Colombia, Panama and South Korea. Both the Senate and House sent the free-trade agreements to the White House with large bipartisan majorities -- marking a rare moment of congressional agreement amid months of partisan bickering over jobs and the economy."Of course. If there's one thing our Congresswhores can agree on it's that when their corporate masters say jump, the only...

Recovery my ass:"In a grim sign of the enduring nature of the economic slump, household income declined more in the two years after the recession ended than it did during the recession itself, new research has found. Between June 2009, when the recession officially ended, and June 2011, inflation-adjusted median household income fell 6.7 percent, to $49,909, according to a study by two former Census Bureau officials. During the recession -- from December 2007 to...

Representative Steve King from Iowa and Representative Eric Cantor were on the tube a while back talking about the jobs bill. Both of them said they didn't want to do go forward with the bill. After spending much of time vomiting the drivel they usually do, King made a temporary moment of honesty when he told the world that they didn't want to do anything until after the November election.The commentator asked the next obvious...

I've worked ever since I graduated college.I willingly pay all my taxes.I vote in every election.I write a political blog so I can be part of our democracy.I spend much of my free time reading and following baseball.Maybe I'm the conservative.Maybe my friends are the conservatives.Maybe the Occupy Wall Street folks are the conservatives.We just want a decent society where playing by the rules and working hard is rewarded.What we don't what is a nutball...

Aboce is the art for the Occupy Providence event that will be held later today.This art includes the great religious dissenter and the founder of Rhode Island---Roger Williams.I'm glad to say I'm a descendant of Roger Williams and that I lived in Rhode Island for 12 years.Here is the Occupy Providence page on Facebook. I'm also very glad for my 13 years so far in Houston.Here is the Occupy Houston page on Facebook.Here are details about the Occupy...