Arkady's Thoughts

You will start hearing about this more and more in the coming months and years and how these situations are handled could indicate the speed of our potential recovery.   As of this writing multiple cities large and small have filed for bankruptcy under crushing debt.  Vallejo in California is a perfect example of a high profile city followed by Prichard, Alabama and even Houston,Texas .  Baltimore,Detroit,Philadelphia and Chicago are looking at crippling financial woes threatening to push these major cities into bankruptcy.  There are many more cities and towns of various sizes including states like Oregon and California, whose only remaining option will be bankruptcy and yet there is one common theme running through all of these stories.  Unsustainable pensions and unions unwilling to negotiate! Bankruptcy allows the cities to modify their union contracts or simply default on the pensions all together.  I have looked at every opportuni...

Deemed too damaging I assume? This has been a historic campaign and not because of the candidates, but because journalism died. How can CNN justify not playing the tape to the American people? They do not even have to write an opinion on the matter, let the people decide. This is just one tiny example in the liberal bias of CNN - and yet I have met so many people who defend this "news" station. I have also seen a lot of comments from the Obamacolytes and the level of argument is bordering infantile. Their main arguments: 1) This story has been out for a long time, it has been on the SF Chronicle website for months. 2) McCain also supports carbon caps. Who the hell cares if the tape was on the SF Chronicle page? WHO GIVES A SHIT!? Did the national media know it? No? Then it was suppressed, because this is vital. The entire country knew Joe the Plumber did not pay his taxes, yet one day before the election no one knows of Obama's plans to bankrupt an entire industry...