Robert Oak's blog

Does America Really Have to Suffer Through Yet Another Congressional Psychodrama?

Congress at the midnight hour has passed a deal to re-open the government and raise the debt ceiling, yet this deal is amazingly short lived.  The political theater has been unbelievable and once again the problem with America's economy is completely irresponsible politics versus external events.  Instead of focusing in on the responsible thing, which of course is to not destroy the United States and global economy, the press is now having a field day with who blinked first in this very dangerous game of political chicken.

Sunday Morning Comics - Shutdown & Debt Ceiling Edition

Brought to you by the GOP - Manufacturing artificial crises one at a time to rob you blind....again.

 

Good Morning! Rise and Shine! Get that Cup O' Joe...
break out the O.J....hang out with the pooch...for it's time to check out the funny slams and bams of government shutdown and economic Armageddon.

 

Yo, Yellen Round Up

This moment is historic.  For the first time in history a woman is nominated to chair the Federal Reserve.  Assuming Dr. Janet Yellen does a good job, this alone will help millions of women in finance and economics, which to this day is fraught with gender bias and glass ceilings.  She is already inspiring the phrase, Yellenomics and referred to as Bernanke Redux for most perceive the Fed and their policies will not change much in the transition.

Real Care, Obamacare or No Care

How many of us have tuned out the never ending Tea Party crazy rhetorical drum beat blasting Obamacare?  With people whose only purpose in life is to shaft the middle class and poor, as a result, such folk have lost all credibility with most of America and thus tune them out we do.  Over and over again we see the Republican agenda is clearly to stiff Americans on benefits they have earned, such as social security and Medicare.

Shut Down!

Our government, especially House Republicans, are such an embarrassment to the nation at this point it is hard to write about it.  The insanity knows no bounds as they continually play a game of chicken with the United States economy in order to get their way, even when these shenanigans are condemned by the American people.

Economic Gender Discrimination Alive and Well in 2013

Women are still low on the economic totem pole.  A new Census report shows nothing has changed, women still make 77¢ to a male's dollar when both are working at full-time jobs and if one includes part-time, the ratio is even lower, 71¢.  Worse than that, women with families and no husband around make the lowest median income of all, $34,002.

Income and Poverty Report Paints a Not So Pretty Picture

Did you know 15% of America lives in poverty and that income for households after adjusting for inflation has declined by 8.3% since 2007?  That America is making 9% less in real dollars than in 1999?  The latest annual Census report for 2012 shows America is still broken and poor.

Friday Movie Night - Income Inequality

The story which should be front page news but is not is income inequality.  U.C. Berkeley professor, Emmaneul Saez studies income inequality and has recently updated his research with 2012 figures and the results are astounding.  The top 1% breaking records for grabbing America's income gains should be what's blaring across the headlines.

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