You Think What?

The big question pertaining to the economy among the YouThinkWhat staff is, “Why is the government forcing the auto industry to be accountable for the taxpayer dollars it has received, but the banks have been allowed to do whatever they wish with the corporate welfare money they’ve been given?”

We have had much discussion about the disparity of treatment of two industries.  The chief executives in both the banking and the auto industries have made major mistakes in handling the money. Poor decisions abound.

We offer our explanation of the reason for the different treatment of the two major businesses. (more…)

One of our favorite political cartoonists, Scott Bateman, has crafted a clever and interesting response to President Obama’s auto industry speech.

Bateman asks if we remember the Ford Pinto as he wonders if he’ll ever get a car loan again.

THIS IS NO APRIL FOOL’s DAY PRANK

Another insanely Orwellian titled piece of legislation will soon be presented to the United States House of Representatives and the United States Senate for a vote. It is a bill to ban organic farming.

Organic farming produces fruits and vegetables without pesticides or other harmful chemicals.

The House the proposal, known by the innocuous title “Food Safety and Modernization Act” (Bill HR 875), not surprisingly has the support of Monsanto, a giant American chemical and engineering corporation.

More on this potentially dangerous law in another post.

Here’s news you Bank Of America customers can use, if there are any of that vanishing breed left,  especially if you regularly bank online.

In keeping with its image, BAnk Of America, “the bank that cares”, presents its newest security product called SafePass® which promises to be  “Bank of America’s strongest protection in guarding against Online Banking fraud and identify theft.”  BoA’s strongest protection to guard against fraud and identity theft is like using a condom with a hole in it. Since they are selling identity theft protection it makes sense they’d offer an innovative product that would increase the reason for purchasing an ID theft protection program. (more…)

Last month Jon Stewart, the affable host of Comedy Central’s The Daily Show,  made a suggestion during his interview with guest Gwen Ifill, of the serious news program Washington Week, as to how the economic crisis in the United States can be resolved.

We think Jon’s idea, like Ifill’s new book about political breakthroughs in this country, is indeed an idea to promote an economic advance in our system. (more…)

Hmm, talk about frivolous criticisms and nonsensical complaints this one ranks among the top ten.

It seems former Bush Former White House chief of staff Andrew Card complained to a right-wing talk-show host that President Obama is insufficiently respectful of the presidency. Apparently, one demonstrates respect for the presidency by their choice of attire. (more…)

YouThinkWhat presents,as  public service for consumers, another report about our favorite bank Bank Of America…the bank that cares….. less! The following report from ConsumerAffairs.com

Victims of an Internet-based Ponzi scheme have filed a lawsuit against Bank of America and the organizers of the scheme in the United States District Court for the District of Columbia. (more…)

Read here for details on what’s happening with Jennifer Hudson, American Idol’s most successful star.

The always cool, always affable and competent actor, director Patrick McGoohan has died. Read here for details of his life and demise.

According to reports from New York City President-elect Barack Obama is on his way to the big screen, thanks to a deal between MSNBC and Screenvision that will put the news channel’s inaugural coverage in 27 theaters around the country.

Free tickets are being handed out via MSNBC.com to see the inauguration and parade from 11 a.m.-3:30 p.m. ET at the 27 theaters run by 11 exhibitor partners in 21 markets. Midday Tuesday isn’t necessarily a big movie time, so it helps to fill the theater — and boost popcorn and soda sales — at a time when it’s not usually busy. (more…)