Archive for the 'economy' Category
Penn/Nutter Budget Forums: Impressions of a Farce
It seems the only mainstream coverage of the last night’s bduget forum, the first of four, is on one of the daily News’ blogs, which speaks to the growing irrelevance of Philadelphia Media Holdings.
From the outset, I’ve been concerned that the forums were going to be an exercise in predetermined outcomes, as a friend who [...]
In Which I Call Goldman Sachs and Bank of America: Since You Didn’t Need the Money, Can We Have It Back?
yesterday we learned that the CEOs of Goldman Sachs and Bank of America told the House Financial Services Committee that they “did not feel like [they] needed the 15 billion” in bailout funds:
Lloyd Blankfein, CEO, Goldman Sachs: “I don’t necessarily think it was necessary at the time, but — and this [...]
BANK CEOS DROP BOMBSHELL: BAILOUT ACTUALLY NOT NECESSARY
I guess this means they’ll be giving the money back:
Lloyd Blankfein, CEO, Goldman Sachs: “I don’t necessarily think it was necessary at the time, but — and this was said at the time — they were looking ahead at an emerging recession that was going to get worse, and for prudential reasons, it was [...]
OPEN MEMO TO BLUE DOGS AND REPUBLICANS: NO IS NOT AN OPTION.
Read More..>>
The Democrats Angrily Stamp their Trotters
Jim Conte, art
This is rich:
As the country’s recession deepened, the government provided hundreds of billions of dollars of taxpayer funds to rescue the nation’s floundering banks. Now, lawmakers want to know how that money is being used: to increase lending to consumers or spent on executive bonuses, luxury jets, and posh trips to Las Vegas [...]
Another Way To Save Money: REFORM THE DRUG LAWS
Did anybody see yesterday’s news about the drug informer who lied to the cops for years:
For seven years, Martinez has worked as one of the city’s most productive police informants, bringing down more than 200 drug and gun dealers.
But Martinez now says that some of the police jobs were tainted, rooted in lies and motivated [...]
MAYOR NUTTER, DON’T CUT OUR SERVICES: TAX THE BANKS! THEY GOT US INTO THIS MESS TO BEGIN WITH.
Writing at Young Philly Politics, Stan Shapiro has some suggestion for the mayor in lieu of service cuts. One stood out:
The Business Privilege Tax. This is actually two taxes, one of which falls on business gross receipts, the other on net income. There are a number of ways to target this tax to fall more [...]
TOTAL RECALL IN PHILLY
California voters kicked out Gray Davis. Philadelphians can do the same with the Mayor.
well, well, well! Here’s an interesting little chapter of the Philadelphia Home Rule Charter:
Article IX.
REMOVAL OF ELECTIVE AND APPOINTIVE OFFICERS
CHAPTER 1
Recall of Mayor and Other Elective Officers
[snip]
CHAPTER 1
Recall of Mayor and Other Elective Officers
Section 9-100
Officers Subject to Recall.
Any person holding any elective [...]
MICHAEL NUTTER STILL ISN’T LISTENING, STILL FULL OF BALONEY
We’re now within days of starting a new city budget process in which I’ll be asking for citizen input, ideas and priorities BEFORE I put together a proposed budget to present to City Council.
In recent weeks, I’ve been talking at churches, barbershops and homes. I’ve talked to block captains and folks in diners. I’ve told [...]
February 14: I Love My Library Day
This Saturday is Valentines Day, and what Philadelphia institution is more deserving of a little love than our beleagured branch libraries?
Celebrate Philadelphia’s great public libraries at the following branches this Saturday, February 14, 2009. And make sure you see below for an earlier event at the Ogontz Branch.
Haddington - 446 N. 65th Street
1-3pm : Arts [...]
