The Iraq/Afghan war fraud and waste alone...

[SHRED]

...would put millions back to work.

Endless supply of tax dollars for war but only a drop in the bucket for rebuilding our infrastructure which needs at least $2.2 Trillion.

Meanwhile corporate America sits on record amounts of cash.


:argh:

[Amonester]

1. Yippee! Now let's bomb bomb bomb Iran to save U.S. soldiers lives.

And cut SS and Medicare because they're Really un-sustainable entitlements, you know.

And by the way, let's also extends the bushies' tax cuts for the wealthiest 1 percenters so they can pile more in their offshore acc'nts.

:cynism:

[indepat]

2. Those simple acts would surely solve almost all of America's economic and societal woes

:sarcasm:

[HysteryDiagnosis]

3. Obama Invades Poland???

>>The newly passed financial-reform bill requires CEOs of public companies to measure and report the ratio of their pay to that of their workers. Blackstone Group CEO Stephen Schwarzman is complaining that the Obama administration is like Hitler invading Poland.

With government and the media making life so difficult for CEOs, it must be nearly impossible to turn a profit. Right? Um, not really.

The headline number from the quarterly GDP report released by the Commerce Department last Friday was the sorry 1.6 percent growth rate of the economy in the second quarter. But the release also provided detailed data on corporate profits. And while the GDP number was disappointing, the latter was impressive. Corporate profits, which stood at $1.5 trillion in 2007, fell sharply to $1.26 trillion and essentially stagnated in 2009. But since the Obama presidency started, the trajectory in quarterly profits has reversed. Quarterly profits (reported at an annualized rate) rose from $1.18 trillion in the second quarter of 2009 to $1.42 trillion in the fourth quarter of 2009 to $1.64 trillion in the second quarter of 2010. In the second quarter of 2010, corporate profits were up 39.2 percent from the year-before quarter.<<