Help The Poor. Block the Amnesty
There are people out there who genuinely appreciate all that President Obama has done since he found the American crown adrift in the gutter back in 2008. The TaxProf blog explains who these fortunate individuals are below. 12,040 new ultra high net worth (UHNW) individuals were minted this year, pushing the global UHNW population to a record 211,275, a 6% increase from 2013. The combined | Read More »
Q4 GDP and Consumer Confidence Both Sucked Like a Turbomolecular Pump
Fox News is at the apex of its corporate power. It bestrides the fetid media swamp like a mighty, dollar-and-talent-sucking Colossus of Rhodes. It’s beyond being a network. It is a unique plain of existence, separate from the mere domain of mortal man. That spending problem in DC – it only exists on Fox News.
Now never you mind the actual economic statistics. The fact that Q4 GDP went down by 0.1% versus a non-Fox News consensus estimate of 1.1% – that only happened on Fox News as well. Likewise the Consumer Confidence number that is worse than any value recorded since November 2011.
Well, actually the Consumer Confidence story just winked into existence over at Bloomberg as well. Here’s how a Philadelphia-based bond analyst feels the Consumer Confidence Cliff will effect things out in Flyover Land.
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Backward To The Future!
Ah, the 1950’s – a quaint decade of peace and prosperity. We compare it the 60’s, and mourn our nation’s lost hygiene, oops I mean innocence. Ok, so maybe that sort of nostalgia is overblown and a wee tad derogatory. Yet Dwight Eisenhower warned us of America turning into Amerika and we just didn’t get it. So Paul Krugman rides again to sell us his typically origami* version of economic events.
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Limit The Blog Drama. Enhance Your Life.
Blogging has its positive and negative aspects. For the nonce; the positives of the blogging experience are still outweighing the negatives. For that reason, I continue whether the multitudes want me to or not. However, the negatives of blogging exist. The best characterization of these negatives that I’ve seen comes from Brett Stephens at Amerika.org, who describes them as blog drama.