Worse Than Expected? Who Are These Idiots Who Manage The Expectations Around Here?
Believe it or not, there was actually some good news in yesterday’s meh employment report. Hourly earnings increased by 0.2 percent. Other than that, imagine you were rooting for UT last night – after Colt McCoy went down with the bum shoulder. In other words, you should have known how this was destined to turn out. However, expectations were not well pegged to reality. The | Read More »
Unemployment Officially At 10% … But It’s Really 21.9%
It’s that time again. This morning, the Department of Labor released the official statistics for U.S. unemployment last month. And just as the Obama administration promised, things are getting better. Right? Wrong. Optimists were looking for the first signs of net job creation last month since 2007. At worst, they were hoping for the jobless rate to hold steady at 10.0%. And the worst is | Read More »
Greed, Incentives and Liberals…oh my
With the holiday season in the rear view mirror, I’ve been mentally replaying some of the conversations I had in regard to the current state of the economy. It seems that most people I had the discussions with fell into one of two camps. One camp believed that much of the current economic turmoil was caused by greed and “Wall Street” while the other camp | Read More »
I give BHO an A plus, sort of…..
A strong, free and
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God-fearing America stands squarely in the way of the One-World-Order.
BHO gets an A+ for ushering in this One-World-Order by removing its
greatest obstacle- the United States of America.
10 million more foreclosures to hit the market???
The more I think about it, 10 million foreclosures over the next 3 yrs might actually be the best case scenario.
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Reid, Pelosi, Obama, Bush and Political Party’s
Politically the repeal approach to any program is just one powerful talking point for the midterms, which should be used by all candidates seeking the voters support for upcoming elections. Another, is the illegal act by the white house E-Mail-Gate (snitch e-mails and a “reality check” section on the White House Web site), one of the biggest stories since Nixon’s Watergate and news media like ABC, NBC, CBS, | Read More »
Why is Harry Reid Killing Construction Jobs?
Note that the question here is why he’s out to get construction jobs per se. It’s already clear that the Senate Democrat leadership is deeply in love with measures that destroy jobs – be they tax increases, employer mandates, more stringent regulations, costlier electricity, empowerment of unions, etc. But all those things destroy jobs on more or less an equal opportunity basis; they’re just about | Read More »
Kudlow Misses an Important Point
in his latest column Kudlow writes What’s a yield curve and why is it so important? Well, the curve itself measures Treasury interest rates, by maturity, from 91-day T-bills all the way out to 30-year bonds. It’s the difference between the long rates and the short rates that tells a key story about the future of the economy. When the curve is wide and upward | Read More »
The Chinese Have Voted No on ObamaCare
Now that Senator Reid apparently has the 60 votes he needs for cloture, and it looks certain that the “health care reform” (sic) Bill will pass the Senate, there is an interesting development that is passing almost unnoticed. And it may make the passage of the Bill completely moot in the long-run. The Chinese government yesterday made what may be the most definitive and important | Read More »
Tennessee Does Not Need an Income Tax
The Chattanooga Times has decided that an income tax is best for the state Tennessee. I cannot disagree anymore vehemently, and I’m not certain why the Times would choose to open this debate again. When our state was facing a similar recession and budget shortfall almost a decade ago, the idea of a state income tax was rejected and has long been considered unconstitutional under the | Read More »
Starving Children in China
I grew up in the days of cliche comments. Remember when your Mother always had a pat phrase when you misbehaved, or didn’t use common courtesy or common sense? No matter the situation, it seemed my parents had a catch phrase they used to get our attention. When I became a mother, I did the same thing. It just seemed like a good | Read More »
The Bible says in Proverbs 27:19 “As water reflects a face, so a man’s heart reflects the man.” Not so with President Obama who fails to recognize his image in those he condemns and whose reflection reveals the high and mighty heart of a self-affected politician. Take for example the President campaigning for health care reform by claiming, “Spiraling health care costs could bankrupt the | Read More »
The Death of Big Environment: Assessing Loss and Gain
For all who have challenged the notion that man is single-handedly destroying the planet with everything from America’s industrial system to your shiny SUV– all the way down to your uncle’s favorite cow “Gertrude” on the farm, take a moment to lower your shields as the opposition is about to be sent on the run. As reported by Jon Lott on FOXNews.com, validated e-mails from | Read More »
The Bailout That Never Ends
The $700 billion Wall Street bailout last year proved exceedingly unpopular with regular Americans. Nevertheless, House Democrats, with their tin ears to the ground, are looking to make bailouts the status quo by creating a permanent bailout fund. The financial regulation bill cooked up by Rep. Barney Frank (D-Mass.), the “Barney Bill,” offers a smorgasbord of bad policies that will affect every American. The Barney | Read More »
Barack Obama is not the solution to the problem. Barack Obama IS the problem.
After I posted a story about how there is virtually no one in the Obama administration with private sector business experience, I began to further consider the practical implications of this. Intuitively, one would conclude that a group of policymakers who don’t understand business and capitalism probably would not have a clue about making public policy that is friendly to business. And indeed, this appears | Read More »