Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Don't Blame Me, I Voted For Kerry -- Ignore unavailable to you. Want to Upgrade?

To: CalculatedRisk who wrote (51979)	10/8/2004 12:43:36 AM
From: CalculatedRisk	Respond to of 81568

Working for a Pittance By BOB HERBERT Published: October 8, 2004 nytimes.com Reality keeps rearing its ugly head. The Bush administration's case for the war in Iraq has completely fallen apart, as evidenced by the report this week from the president's handpicked inspector that Iraq had destroyed its illicit weapons stockpiles in the early 1990's. Coming next week are the results of a new study that shows - here at home - how tough a time American families are having in their never-ending struggle to put food on the table and keep a roof over their heads. The White House, as deep in denial about the economy as it is about Iraq, insists that things are fine - despite the embarrassing fact that President Bush is on track to become the first president since Herbert Hoover to preside over a net loss of jobs during his four years in office. The study, jointly sponsored by the Annie E. Casey, Ford and Rockefeller Foundations, will show that 9.2 million working families in the United States - one out of every four - earn wages that are so low they are barely able to survive financially. "Our data is very solid and shows that this is a much bigger problem than most people imagine," said Brandon Roberts, one of the authors of the report, which is to be formally released on Tuesday. The report found that there are 20 million children in these low-income working families. <MORE>

To: CalculatedRisk who wrote (51979)	10/8/2004 1:11:12 AM
From: techguerrilla	Read Replies (2) \| Respond to of 81568

Jessica Mathews was just on Charlie Rose ... ..... She's head of the Carnegie Endowment for International Peace. The situation in Iraq is horrible. It's possible Bush has created a catastrophe--a history altering blunder. This distortion of reality that Krugman talks about really makes you wonder about the predictions of Orwell. I know I seem to talk in hyperbole at times. But I really think the time may come, especially if Bush is reelected, but possibly regardless so, to look for safe and sensible places to live and establish a separate reality. /john