A Teaching Moment
In response to the not-very-good-news-at-all that the nation’s unemployment rate is now at 6.1%, we learn that Barack Obama wants a $50 billion stimulus package to be passed by Congress. Yeah, because that last stimulus package really did wonders for the economy. Chalk this up to your “reality-based” Zen moment of the day. Only without the reality and most certainly without the Zen.
It’s time for a change
**For a change, I’m thinking that maybe politicians are taking the rustbelt of Pennsylvania, the Motor City of Michigan and the backbone of the Agriculture Industry seriously. We the people now have someone who sees eye to eye with us on issues like Energy Independence, National/Homeland Security, Education, and yes the Economy. Did I mention he/she isn’t afraid of a fight even if it’s in | Read More »
The Stadium’s Half Empty
1) Why was the RNC seemingly poorly attended last night? It seemed like half the seats were empty? 2) Why is everyone so upset with Campbell Brown who asked a simple question of Tucker Bounds who couldn’t answer it. 3) Why were there almost no people of color in the RNC auditorium? I mean, I know there are a few black and hispanic R’s, but | Read More »
We Interrupt All The Politics For More Good Economic News
This is supposed to be Blackie’s job, but what the heck. Just so that this doesn’t get lost in the political news, in a flash look at this morning’s current news…. o Crude is trading around $108/barrel – down over $7/bbl just this morning. o The dollar is up sharply – now at $0.69, $1.07, and $0.56 against (respectively) the Euro, the Canadian “dollar,” and | Read More »
Who is more middle class than Sarah Palin?
No one. No one is more middle class than Sarah Palin. No candidate, in my admittedly limited political memory, has ever really fit the definition of “one of us”. I always thought that if someone had the “pull”, connections and money to get elected President or Vice President , couldn’t really be one of us. But Sarah Palin is still one of us. She is | Read More »
DNC Delegates: At Odds With Obama Over Taxes
Yes indeedy–you read that right. The Obama campaign responded by attacking the DNC delegates for hewing so closely to the discredited economic beliefs of the Bush-Cheney-McCain Administration. “This isn’t change,” remarked David Plouffe. “This is more of the same!”* *I made this paragraph up. But admit it: It’s plausible.
Obama taxing his way to higher oil prices
The pitch for putting some of the economic burden of $4-a-gallon gasoline on the oil industry served a dual purpose for Obama: It allowed him to talk up an economic issue, seen by many as a strength for Democrats and a weakness for Republicans. – As the Headline read out of Florida on Friday. The “pitch” being referred to above is Democratic presidential candidate Barack | Read More »
Tags: Barack Obama
, big oil
, tax credit
, Windfall Profits
The Sobbing Clinton Supporter
Yesterday, virtually any of you who listened to talk radio at all must have heard the CNN interview with a distressed Hillary supporter after the primetime speech at the convention. One thing that particularly struck me was the woman’s insistence that Hillary was going to give us the jobs and the economy we deserve. Every time I get wobbly on the entitlement state (because I’m | Read More »
The Truth About The Economy
Here’s some shocking economics for you… The US ranks #1 among all nations in terms of GDP. The nations that rank #2 and #3 are two countries that the US defeated in WWII and then rebuilt in America’s image: Japan (#2) and Germany (#3). Just the difference between the US at #1 and Japan at #2 ($9.4 trillion) is greater than the bottom 158 countries | Read More »
“Shhh! Americans Getting Richer”
And amazingly enough, if you point this out, people get huffy and accuse you of being out of touch.
“Can We Drill Your Brains?”
I didn’t think it was possible, but apparently, Nancy Pelosi has set the art of trash-talking back half a century or so.
Economy and Job Creation
We the hard working tax payers are in a tight spot. The administration that promised to keep us safe from some foreign bandits, allowed another type of super bandits to raise the price of the oil and therefore gasoline. In the process the administration became indebted to the eternal bandits called Communists. Now the indigenous bandits want to drill more oil here which will not | Read More »
Joe Biden’s Record On Trade
Aptly summed up by Dan Griswold: “For a senator who prides himself on his foreign policy experience, Biden’s record shows great ambivalence about American participation in the global economy.” That’s just not good enough anymore. We deserve, as a country, to be more prosperous than people like Joe Biden would have us be.