(The) C0MM0N PE0PLES S0URCE for NEWS

Great Things Can Happen When Politics Aren’t Involved

OldMan1 — Sat, 07 Nov 2009 11:51:23 +0000

Don’t expect too much restraint being place on the financial world, if any at all. It will most likely end up being more of what Congress does best: A lot of mumbo-jumbo that amounts to absolutely nothing.

Say Good-By To Your TARP Tax Dollars

OldMan1 — Sat, 31 Oct 2009 19:13:34 +0000

Say good by to not only your TARP funds (and your Treasury and FDIC backdoor funds), but say good by to the money you’re allowed to temporarily keep in your pocket.

The Wooing Of Crude Oil Prices

OldMan1 — Fri, 30 Oct 2009 13:09:43 +0000

Oil companies have (temporarily) tasted the best that life has to offer, so they, like Wall Street, are not about to give any of it up, no matter if it does require killing the goose that laid the golden egg.

Family Matters Once Again

OldMan1 — Sat, 24 Oct 2009 00:50:40 +0000

I’ve been unavailable for the past week due to more family health problems. Fortunately this time it wasn’t a death, but major surgery to avoid the potential in the near future. An elderly sister had to have a valve replaced in her heart, and since she has no children I am with her through the [...]

Taxpayers Pays $1.3 Billion For Senior’s Medicare Perks

OldMan1 — Thu, 15 Oct 2009 23:12:31 +0000

October 15, 2009 Free aspirin; free Band-Aids; free blood pressure machines; free ear thermometers; free prescription eyeglasses; free hearing aids; and free gym membership: Just some of the many “freebies” that insurance companies offer recipients to abandon Medicare and sign up with them for Medicare Advantage. But there’s a problem: Those things aren’t “free” — we [...]

Random Thoughts on Other Notable Headlines of the Day — Issue XLIV

OldMan1 — Mon, 12 Oct 2009 17:38:01 +0000

October 12, 2009 Hail to the Bankers! – They Never Give Up Back in May of this year I posted New Credit Card Bill Allows for Continued Theft — and the banks haven’t let me down. I’ve been proven right on several occasions. In that post I questioned why our lawmakers wanted to wait nine months to [...]

Besides The Obvious, What Does Goldman Sachs, J.P. Morgan Chase And Citigroup Have In Common?

OldMan1 — Sun, 11 Oct 2009 16:51:12 +0000

Is it any wonder the rest of the civilized world see’s us as simply a corrupt nation who will stop at nothing to keep our elitist wealthy and in power?

More Strong Support For Real Health Care Reform

OldMan1 — Sat, 10 Oct 2009 22:46:37 +0000

Unfortunately for the public, opponents of real reform admit there's a problem but offer no serious ways of fixing it. Why? Because doing so would reduce the high-flying life styles of the industry from the mesosphere down to the stratosphere. And for them, that’s not acceptable.

Obama’s Nobel Peace Prize – Here’s My Take

OldMan1 — Sat, 10 Oct 2009 15:45:52 +0000

By basic definition, most Democrats are doves and most Republicans are hawks. As such, doves want to try to get along. In contrast, hawks usually want to attack.

“Hurry Up And Die!” – No, It’s About Wall Street, Not About Congressman Alan Grayson’s Speech

OldMan1 — Fri, 09 Oct 2009 12:19:29 +0000

October 9, 2009 Well, well, well! You have just got to admire this — buy up paper, package it into bundles and sell them to investors. Now where have I heard this before? Hum! Oh, yeah! It was such a little thing that I had forgotten! It was the cause of the Wall Street crash last [...]