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The Wire

Correction: Downtown development story

In an April 2 story about development in downtown Los Angeles, The Associated Press reported erroneously about a proposed high-rise. Thomas Property Group plans to build a 60-story glass-walled office building, not an 80-story building.

Developer offers hope to rebirth of downtown LA

A major developer planned to announce a $1 billion high-rise office and hotel complex Friday, the first new downtown construction project since the real estate spiral largely scuttled dreams of a resurgent city center.

The Vine

Poll: Can Anything Stop Healthcare Bill Now?

Poll for Newsvine: Now that the Senate has cloture, isn't healthcare reform a done deal? I know that the press is reporting that this is just a crucial early step, but honestly, can anything stop this train now? Answer, in my opinion, is NO. This thing is done.

Is Class Warfare An Appropriate Response To Wall St. Bailouts?

There seems to be some hesitation on the part of erstwhile "class warriors" on following through on their demagoguery. Should we or should we not punish those who took advantage of the financial crisis to personally benefit to the tune of hundreds of billions of dollars?

Economic Crisis Is Getting Bloody -- Violent Deaths Are Now Following Evictions, Foreclosures and Job Losses | Rights and Liberties | AlterNet
Source: AlterNet.org

In 2007, Jason Rodriguez was fired from his position at an Orlando, Florida engineering firm and ended up taking a job as a "sandwich artist" at a Subway restaurant.

Poll: Should We Have Let Wall St. Collapse?

We bailed out Wall St., to the tune of tens of trillions of dollars. What good did it do us? The proportion of the work force that is long term unemployed is the highest since the Great Depression.

Mike Whitney: Obama is Either Deluded or Determined to Destroy U.S.
Source: lifeaftertheoilcrash.net

Barack Obama has decided to push the economy back into recession, and no one can figure out why. Perhaps the impressionable Obama has come under the spell of the deficit hawks and crystal gazers who see Armageddon around every corner.

10 States with Underemployment Rates of 20+ Percent. Manufacturing Sector Employs Same Number of Workers that we did in 1940.
Source: mybudget360.com

The average American family must look at the current stock market rally as some kind of cruel joke.  We have people anxiously waiting for government funds or paychecks to clear at the end of the month so they can wait outside of a Wal-Mart shopping center at midnight to buy food …

War of Young vs. Old; Watch UCLA Students Riot Over Tuition Hikes

This is the future. The young will be rioting over abuses by the old people, who will force the young to pay for the benefits of this society being showered on the old people. This is a powerful video.

Which Major Country, the US, Japan, or Britain, Will Default First on Its Foreign Debt?
Source: prudentbear.com

Of the world's six largest economies, three currently have budget and public debt positions that if allowed to fester will push those nations into bankruptcy (the seventh largest, Italy, also has a budget and debt position that is highly vulnerable, but its problems appear chroni …

FT.com / US & Canada - Obama warns on US public debt pile
Source: FT.com

US President Barack Obama warned that the US economy could head into a "double-dip recession" unless urgent steps were taken to rein in mounting public debt.

What Has Been Your Favorite Sarah Palin Moment So Far?

Was it the interview of her in front of the guy slaughtering turkeys? Was it her Katie Couric interview? Was it the video footage of her speaking before her Pentecostal church? Certainly my recollections don't do justice to the complete Sarah Palin picture.

Black & Decker to merge with Stanley - goodbye another 10,000 jobs
Source:

"It's a match made in heaven," Stanley flack Tim Perra told reporters.

Newspaper: Stimulus brings few private-sector jobs
Source: The San Francisco Chronicle

The newspaper's examination of the more than 1,800 awards to agencies, departments, municipalities and firms in Michigan under the stimulus act found the biggest impact was spurring or protecting public-sector or summer jobs — not private-sector jobs.

Obama and Dems Too Late On Jobs....

It takes about 18 months after the end of an economic downturn for jobs to start coming back in a serious way. This is what Nouriel Roubini has to say, anyway, and he's pretty smart.

Record 35.1 Million Foodstamp Recipients Believe Every Word Of Bernanke's Propaganda | zero hedge
Source: zerohedge.com

Someone should translate Bernanke's speech extolling the virtues of Goldman Sachs never having to worry about being broken up or giving up its prop trading operations, and that the American economy is sizzling, to the just announced record 35.1 million food-stamp recipients.

Juliet Jeske: Carrie Prejean's Sex Tape (VIDEO)
Source: The Huffington Post

That sex tape of Carrie Prejean no one can get their hands on? It's right here...

The Health Care Rationing Commission - WSJ.com
Source: Wall Street Journal

As usual, the most dangerous parts of ObamaCare aren't receiving the scrutiny they deserve—and one of the least examined is a new commission to tell Congress how to control health spending.

Roubini: The Worst Is Yet To Come!
Source: businessinsider.com

Yes, the worst is yet to come, thanks to our corrupt government and business elite.

Op-Ed Contributor - My Near Death Panel Experience - NYTimes.com
Source: The New York Times

In this context, I found it perverse that Medicare would pay for almost any medical procedure, yet not reimburse doctors for having a thoughtful conversation to prepare patients and families for the delicate, complex and emotionally demanding decisions surrounding the end of life.

Time To Cut Seniors Off

We should all cheer the following news:

Poll: Is It Wrong To Grant Overseas Terrorists Trials In the US Just Like US Citizens?

These overseas terrorists aren't US citizens. What gives them the right to have trials in US courts with US constitutional rights just like US citizens? It seems to me that Eric Holder was a darned fool to make this decision.

Terrorists From Overseas Caught Plotting Against Us Don't Have Constitutional Rights
Source: New York Post

Take the iconic "I Love New York" poster and plunge a dagger into its heart. That's what the Obama administration is doing by bringing the mastermind of 9/11 and other terror freaks here for trial. We don't deserve this. Why are we being punished again?

Woman Arrested While in Labor Sues Police | Strollerderby
Source: blogs.babble.com

A Jacksonville, Florida mother has been given a green light to sue local police after they first tackled her and then arrested her for running a red light on her way to the ER. She was in premature labor.

Poll: Do You Feel Bad For Congressman Jefferson? Isn't 13 Years In the Can Overkill?

It strikes me that 13 years in jail for using your Congressional office to solicit bribes is a little extreme. Let's face it--people kill people and get less time than this in our country.

Poll: Do You Feel Sorry For Sarah Palin? I Do.

Do you feel sorry for Sarah Palin? I do. You know why? Because from the minute John McCain picked her the media went crazy trying to take her down.

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