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ThinkFast: March 4, 2011

The U.S. economy added 192,000 jobs last month, and the unemployment rate dipped to 8.9 percent. That is the fastest pace of hiring in almost a year, and it is the lowest rate since April 2009.

President Obama called on Libyan leader Muammar Qaddafi to “step down from power and leave” immediately and said that he would consider a full range of options — including a no-fly zone — to curb violence there. “Muammar Qaddafi has lost the legitimacy to lead, and he must leave.” Obama said.

House Speaker John Boehner (R-OH) plans to tackle Social Security and Medicare reform this spring, joining with President Obama to “lessen the political risk.” Despite the fact most Americans view such cuts as “unacceptable,” Boehner insists that “most Americans don’t have a clue” to “how big the problem is.”

Yesterday in a meeting with Vice President Biden, the White House and congressional Democrats “offered to trim an additional $6.5 billion from current spending.” But the GOP set a goal of “cutting agency budgets by $61 billion,” a gap that illustrates “the difficulty the two parties faced in reaching a compromise before the March 18 expiration” of the recently-passed CR.

Despite the GOP’s bashing of the EPA, Republicans “actually like many of the agency’s efforts, particularly bread-and-butter programs aimed at cleaning up drinking water and air pollution in their districts.” President Obama suggests cuts to these programs, putting Republicans in the awkward position of defending the EPA during a hearing on the agency yesterday.

A bipartisan group of 18 Senators sent President Obama a letter yesterday asking him to improve federal foreclosure programs, spurred by record foreclosures but also aggressive action by House Republicans to curtail those programs. A record 2.9 million homes received foreclosure notices last year. The House considered four bills this week that would terminate Obama-initiated foreclosure assistance measures.

And finally: After a home-brewed honey ale was a big hit at its Super Bowl party last month, the White House plans to ramp up production of home brew beers. The honey ale — the first known beer made at the executive mansion in American history — was made with a pound of fresh honey from the White House’s bees, and future brews may even feature hops grown at the White House garden.

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Im having a hard time understanding why people are not demanding that bank of america at the very least BE DISMANTLED.

WHAT IS IT ABOUT THE PRECISELY DOCUMENTED CASES OF PEOPLE WHO DIDNT EVEN HAVE MORTGAGES AND WERE FORECLOSED ON THAT AMERICANS ARE HAVING A HARD TIME REALIZING IS OUTRIGHT CRIMINAL ACTIVITY? Will it take these sociopaths going to everyones home and saying “we show that we own this property, we are going to take it and sell it for our own profit” for americans to wake up and put an end to this ridiculous lunacy once and for all?

It deserves to be yelled.

If Washington wants a solution, Dissolve the bank and distribute the assets to everyone. Its that simple.

Its a business that has repeatedly perpetrated theft, exploitation, and violation of law. There is no reason that it should be allowed to continue operating. If the shareholders are worried about their “stakes.” Give them the money of dissolved assets and allow them to reinvest it where ever they want.

That will boost the economy.

Give the wee homeowners who were tangled up in barb wire for 5 years enough to rebuild their lives.

Take enough for the government to be able to steady itself and devote the resources to securing this ship in good stewardship like it obviously needs t be.

And be done with it.

Really. Why are we empowering an entity to wreak havoc on us all? Who are these 25,000 or so individuals working in the upper echelons of mega banks and wall street that should be so protected, and sit comfortably on pilfered accounts while the majority struggles to make ends meet?

Enough is enough.

I want my government to do what is right and disable these crooked thieves before it becomes a matter of failure of us all.

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