Good news: the 100 billion dollars in the tax rebate which you should see this summer will pay your increased costs to fuel your car this year.
Bad news: gasoline will probably still be over $3 a gallon next year, and there will not be a tax rebate next year.
Good news: The FBI has launched an investigation into the mortgage loan practices of Countrywide Financial.
Bad news: that investigation will not help you deal with your approaching foreclosure.
Good news: The Hope Now Alliance continues to work on improving communication between homeowners facing foreclosure and their lenders.
Bad news: The Board of the Hope Now Alliance, as set up by the Bush administration, is composed mostly of loan industry people who are not much interested in possible solutions to this problem that might detract from the bottom line of the industry.
Good news: the body count in Iraq, at least for USA soldiers, has declined substantially.
Bad news; we are still spending big money there and stretching the manpower of the military. Eventual price tag could be three trillion bucks.
Good news: Beijing is going to clean up for the Olympics in order to help the athletes breath better.
Bad news: It is cosmetic in nature. China continues to increase consumption of gasoline and coal, recently taking planetary carbon emissions first place away from the USA. Don't sorry, USA still holds first place on a per capita basic, China just has more people.
Good news: McCain sewed up the Republican nomination, so we do not have to worry about a right winger in the White House in 2008.
Bad news: His first move was to go pay a visit to George W. Bush, signalling that he is willing to give the right wing of the Republican party enough to keep them happy.
Okee dokee, anyone else have a good news/bad news for us?


Comments: 25
McCain didn't fight back when Chimpy McFlightsuit attacked his family in the 2000 race--great family values when you pick political party over your wife and daughter....
Bad news: He may not have to anyway.
Bad New: the current cost for the poorly conceived, poorly executed War on Poverty has exceeded $18 Trillion and there is no light at the end of the tunnel, plus American casualties continue to mount in our inner-cities from the War On Poverty at a far greater rate than that in Iraq.
Bad news: We don't comprehend the slightest degree of humility, and without humility, there is little hope for us all.
I concede that the challenges of poverty survive. One in every 100 american adults in prison. Two high profile cases this week of african american males robbing and murdering young white woman- Very very unfortunate occurences, racially polarizing, both characterized by sheer dumbness that is difficult to comprehend.
We cannot climb out of poverty in this country through hip hop street thug values. It must be done the old fashioned way that immigrants tend to climb out of poverty- the first generation spends a lifetime of hard work so that the second generation will have a better education and prospects to join the middle class.
Good news; there is an african american middle class, and african americans have both the right to vote and a lack of obstacles such as poll taxes that up to the 1960s made a mockery of their voting rights in the south, and there is a guy with a mixed race background who is being taken seriously in a presidential campaign.
Bad news: too many left behind.
whoever our next president, he/she will have a mountain to climb. That is bad news unless the person actually ends up meeting that challenge.
Chris, an interesting commentary on what The War On Poverty has done to America is that first generation immigrants almost always do better than the second generation. A stunning turn-around on a 200 year old trend.
If we ask Why has the War On Poverty failed so miserably? The answer becomes obvious, the mission of most poverty programs is NOT to diminish poverty, it is to continue to deliver services to the poor, which means there must always be poor to deliver services to.
Bad News: Humanity is cyclical, and conservative thinkers learn little from history.
I would think the obvious thing to do would be for the first time in 40 year, to measure the success of each anti-poverty programs - on how well it reduces poverty.
What a novel concept!!!
Bad news: Nothing like a cosy $11 an hour job for everyone.
Two $11/hr jobs equal an income of $45,936 which is slightly less than the median American household income of $48,201. I find it odd that one would find misery in being average.
Maybe it is only our perceptions of welfare, unemployment and social services that needs to be examined. Maybe these programs actually are rooted in civility and community and when compared to your own generosity can be rationalized as important to the overall makeup of society.
Maybe that's why these programs were initiated in the first place. Maybe that's why churches donate their time and money just like the government. Maybe abuses are inescapable and need only to be managed better.
Maybe liberalism isn't such a bad word when you realize you participate in it every hour of every day. What music do you listen to and who eventually allowed for you to listen to it. What art do you enjoy and how many artists had to fight persecution to express it. What video games do your children play? What TV shows do you watch? What clothes does your wife wear? What jobs do your minority friends have?
Liberal thinking
Also, were it not for a huge upswing in government jobs, this last job loss figure would have been 101,000 jobs for the private sector.
Bad News: Government continues to rely on the voodoo statistics that put unemployment numbers much lower. False security seems to be preferred.