22 July 2011

Ohioans Ready To Send Governor Kucinich And His Union Busting Packing

Remember the more than 1.3 million signatures by citizens from the state of Ohio to place a referendum on the upcoming November ballot to recall/overturn Governor John Kasich's (R) and the Republican Party's new Senate Bill 5 which they rammed through and approved to bust up unions in the Buckeye state? Well, over 900,000 of those signatures have been verfied as good to go, and the signatories only needed about 250,000 to get referendum on the ballot. So Ohio voters will now have a chance to repeal Senate Bill 5 this coming November.

All of this is bad news, really bad news, for John Kasich and the Republican Party of Ohio.
Rachel Maddow looks at just how unpopular Senate Bill 5 is with Ohio voters, and she looks over how this unpopularity is playing out in the polls against Kasich - who is now the 2nd most unpopular Governor in the USA.

Maddow interviews Ohio State Rep Armond Budish (D) who told Maddow Thursday Night, "As people learn more and more about what this union stripping bill does, they get more and more angry. Senate Bill 5 is about not letting people come together and bargain for fair wages, or for safe places to work. When people find out what this bill really does, they hate it.”

21 July 2011

The Growing Danger Of The Chinese Real Estate Bubble

China's massive oversupply of real estate inventory is now rumored to contain upwards of 64 Million new apartment units. In this look at Chinese "Ghost Towns", journeyman.tv takes us into brand new malls where there are no shop keepers and no shoppers, to brand new cities where 75% of all units are vacant.

We also learn why the vacancies are so high as the Chinese Government continues to build, build, build and nobody comes.

This past week we hear of riots in Western China where four were killed. As further polarization between the labor class and the upper classes grows in China, the central government runs the chance of feeding a blow up of property values, the Chinese Economy, and the Chinese nation...





4 killed in Western China riots; massive Real Estate bubble cause of riots?

20 July 2011

Under Ronald Reagan, Debt Ceiling Was Raised 18 Times And In His Own Words, Here Is Why

Maddow reads excerpts from Ronald Reagan's diary and plays an excerpt from one of his speeches giving multiple reasons why the debt ceiling had to be raised as it should be raised now. She then shows us clips and words from current Republican leaders who don't understand what a default will do to the world economy.

If you watch the first 30 seconds, you'll want to watch the whole thing:


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