Archive for April, 2009

Economy Shrinks By 6.1% in Q1 2009

By Justin Gardner | Related entries in Economy

That’s 3 quarters in a row, and that hasn’t happened in nearly 40 years. Also, the severity of the contraction during the last 2 quarters hasn’t happened for nearly 60 years. More details about why… Real nonresidential fixed investment decreased 37.9% in the first quarter. Nonresidential structures decreased 44.2%. Equipment and software decreased 33.8%. Real […]

April 29th, 2009 | Permalink| 4 Comments »

Quote Of The Day – Moderate Republicans

By Justin Gardner | Related entries in Quotes, Republicans

“It is true that being a Republican moderate sometimes feels like being a cast member of Survivor — you are presented with multiple challenges, and you often get the distinct feeling that you’re no longer welcome in the tribe. But it is truly a dangerous signal that a Republican senator of nearly three decades no […]

April 29th, 2009 | Permalink| 2 Comments »

Poll: Gay Marriage Support Growing Quickly

By Justin Gardner | Related entries in Homosexuality, Marriage, Polls, Religion, Sexuality

I’m telling you, it’s going to happen one way or another, and now it seems to be tipping away from civil unions and towards full marriage rights. In fact, a new NYTimes/CBS poll reveals that… In March, 35% thought same sex couples should have no legal recognition. That numbers has dropped 7% since then. 69% […]

April 28th, 2009 | Permalink| 35 Comments »

Swine Flu Commercial Circa 1976

By Justin Gardner | Related entries in Health Care, History, Video

I guess this little baddie has been around a while… For more on the recent outbreak, check out our Swine Flu Roundup. Tweet

April 28th, 2009 | Permalink| 1 Comment »

Swine Flu Roundup

By Justin Gardner | Related entries in Health Care, Science, The World

There’s been a lot of talk about this little virus the past couple days, so I figured it might be helpful to connect everybody with some more stories that could help you sort the wheat from the chaff. And away we go… Officials in Mexico are scrambling to find the source of the infection, and […]

April 28th, 2009 | Permalink| 8 Comments »

Republicans Created Condition for Specter Defection

By Alan Stewart Carl | Related entries in Democrats, Partisan Nonsense, Pennsylvania, Republicans, Senate

Republicans can call Arlen Specter an opportunist all they like and maybe they’re right. But the fact remains, the senator’s party jump is the direct result of the Republican’s increasing intolerance of moderates within their party. I understand that Specter is not a model Republican and that a primary challenge is often the price a […]

April 28th, 2009 | Permalink| 15 Comments »

Fox News: Khalid Sheik Mohammed Not Waterboarded THAT Much

By Justin Gardner | Related entries in Media, The War On Terrorism, Torture, Transparency

Just for future reference, what you’re seeing above is considered a “pour.” You’ll need that information to weave your way through the mine field presented here by Fox News. Let the apologizing begin… A U.S. official with knowledge of the interrogation program told FOX News that the much-cited figure represents the number of times water […]

April 28th, 2009 | Permalink| 9 Comments »

Arlen Specter to Change Parties?

By Alan Stewart Carl | Related entries in Democrats, Pennsylvania, Republicans, Senate

This is pretty big news. Reports out of Washington indicate Pennsylvania Senator Arlen Specter will switch parties moving from a Republican to a Democrat. The announcement is expected today or tomorrow. Republicans in Pennsylvania have been planning to mount a primary challenge against Specter because the senator is viewed by party operatives as too liberal. […]

April 28th, 2009 | Permalink| 31 Comments »

Quote Of The Day – Laissez-failure

By Justin Gardner | Related entries in Bad Decisions, Economy, Money, Quotes

“The Federal Reserve has been hobbled by at least two major shortcomings that were primarily responsible for the current and several previous credit crises. Its failure to spot the importance of changing financial markets and its commitment to laisser faire economics were big mistakes and justify a fundamental overhaul of the Fed.” – Henry Kaufman […]

April 28th, 2009 | Permalink| 17 Comments »

Economists: 9.8% Unemployment Ahead

By Justin Gardner | Related entries in Economy, Jobs

They were polled and that’s their number. Personally, I think 9.8% is a rosy prediction. More on that later. From USA Today: The unemployment rate will peak at 9.8%, according to their median forecast, up a full percentage point from the prior survey in January. Twenty-one economists predict the unemployment rate will top out at […]

April 28th, 2009 | Permalink| 4 Comments »