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Dave Pederson

Entries by Dave Pederson

The Bailout That Never Was

(9) Comments | Posted May 14, 2012 | 9:03 PM

Back in the summer of 2008, a friend of mine who had been working for some years on Wall Street called me and we began discussing the Bear Stearns collapse. At this time he had left Wall Street, but was very privy and astute to the workings of Wall Street...

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America: Home of the Bewildered Serf and Land of the Feudal Lords.

(4) Comments | Posted May 4, 2012 | 7:01 AM

Two news items popped this week that highlight the ever-growing Neo-Feudalism that has become our new economy. First, Occupy Wall Street (OWS) filed a lawsuit against the City of New York and JPMorgan Chase & Co. Brookfield Office Properties and Mayor Michael Bloomberg are also defendants in the...

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Mitt Romney: All Hail, Dull the Conqueror!

(20) Comments | Posted April 10, 2012 | 11:40 AM

Barring some miraculous help for Rick Santorum, it looks as if Mitt Romney will be the GOP nominee to take on President Obama in November. I really wish Santorum would just concede. How many times can we watch the talking sweater vest and the Sears mannequin exchange the same tired...

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Tea Party for 2.0

(13) Comments | Posted April 3, 2012 | 11:23 PM

Last week as the Supreme Court heard arguments on the constitutionality of President Obama's landmark legislation the Affordable Care Act, a familiar drama was playing out on the steps of the High Court. On the steps protesting universal health care for American citizens was my favorite GOP splinter group, the...

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We Have Nothing to Fear but Santorum Himself

(37) Comments | Posted March 21, 2012 | 10:55 AM

The GOP clown car has now been emptied out with two major clowns left fighting it out, Mitt Romney and Rick Santorum. This GOP field without a doubt is the saddest field a major party has unleashed on the voting public in this country's history. What we need to worry...

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What Are You People, on Dope?

(27) Comments | Posted March 14, 2012 | 12:24 PM

Last week my favorite "death-watch" personality, Pat Robertson, declared the war on drugs unwinnable and said marijuana should be legalized. What we can hope for is that his audience of religious zealots and other conservatives will reexamine their stance on drugs. The GOP plot to institute...

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