Thorne Webb Dreyer, Editor
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Monthly Archives: October 2008
Exxon Mobil’s Exxcellent Adventure : Biggest Profit in U.S. History
‘The latest quarter’s net income equaled $1,865.69 per second, nearly $400 a second more than the prior mark.’By Aaron Smith / October 30, 2008 NEW YORK — Exxon Mobil Corp. set a quarterly profit record for a U.S. company Thursday, … Continue reading
Posted in RagBlog
Tagged Corporate Profits, Economy, Exxon Mobil, Monopoly Capitalism, Oil Companies
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Socialism, Capitalism : What’s in a Name?
With all the accusations and platitudes being bandied about, David Hamilton’s observations about politco-economic nomenclature and the times we’re in just might be a useful addition to the discussion. Thorne Dreyer / The Rag Blog ‘The pure socialist and laissez … Continue reading
Hey John : You’re No Maverick. And We Can Prove it!
Who’s the Original Maverick? With this video from Robert Greenwald and Brave New Films, the saga of rustler John McCain — the faux maverick — and his skulduggery continues as we reexamine the Texas family that forged the Maverick brand. … Continue reading
Posted in RagBlog
Tagged Fontaine Maverick, John McCain, Maury Maverick, Texas, Texas History, Video
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Surprise! : Banks to Use Bailout Bucks for Mergers
The Rag Blog reported yesterday, in a story titled Salary Bonuses Constitute 10% of the Bailout that pay and bonus deals for corporate bigwigs account for about ten percent of the government bailout package. Here’s more good news: Big banks … Continue reading
Posted in RagBlog
Tagged Bank Bailouts, Banking, Congressional Bailout, Economy, Financial Crisis, Monopoly Capitalism
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A Heartbeat Away from Tuesday
‘This coming Tuesday as we vote for a new American president and vice president there will be many voters who haven’t read the fine print about John McCain.’By Larry Ray / The Rag Blog / October 29, 2008 It seems … Continue reading
Most Basic Iraqi Infrastructure Doesn’t Function
A woman collects an aid package from the Iraqi Red Crescent in Baghdad. The Red Cross says it cannot provide basic services indefinitely.Warning on ‘dire’ Iraq conditionsBy Imogen Foulkes / October 29, 2008 The Red Cross is warning that despite … Continue reading
The Problem Is US Interventionist Foreign Policy
Interventionism, Not Muslims, Is the ProblemBy Jacob G. Hornberger / October 27, 2008 One of the popular post-9/11 sentiments has been the one that holds that Muslims are bent on conquering the world. The notion is that Muslims hate Christianity … Continue reading
Lobbyists : The Boys on McCain’s Bus
‘A gang of lobbyist-insiders — at odds with his supposed devotion to maverick change — runs McCain’s Washington-based campaign.’By Sherman De Brosse / The Rag Blog / October 28, 2008 This is the fifth in a series by Rag Blog … Continue reading
Posted in Rag Bloggers
Tagged John McCain, Lobbyists, McCain Campaign, Political Corruption
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Creationism in Schools : Texas is Doomed!!
‘The latest shooting-itself-in-the-foot-moment for the Lone Star State is based on a panel to create its state science curriculum.’By Phil Platt / October 27, 2008 I simply cannot understand how Texas manages to exist day after day. The rampant insanity … Continue reading
Progressive Taxation and the Sad Saga of Joe the Plumber
Illustration by Tom Bachtell / New Yorker.It all started with Adam Smithby Steve Coll / October 27, 2008 The rise and fall of Joe the Plumber as a symbol of the American self-made man’s resistance to progressive taxation began on … Continue reading
Posted in RagBlog
Tagged Adam Smith, Campaign Tactics, Economy, Joe the Plumber, McCain Campaign, Taxation
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Dubya : Texas Tried to Warn Us
Ann Richards: ‘If you ask George Bush what time it is, he’ll say, “I think Americans have the right to bear arms.”‘By Larry Ray / The Rag Blog / October 28, 2008 I think the best state magazine in America … Continue reading
Salary Bonuses Constitute 10% of the Bailout
Demonstrators protesting in New York before the $700bn Wall Street bail-out earlier this month. Photograph: Nicholas Roberts/AFP/Getty imagesWall Street banks in $70bn staff payoutBy Simon Bowers Pay and bonus deals equivalent to 10% of US government bail-out package Financial workers … Continue reading
