I hate to be so gloom and doom about our current economic health, but the numbers are the numbers and I feel the need to talk about some of the more striking indicators so we all understand the gravity of the situation we’re in…especially since the following numbers are just from September. From Reuters: Food [...]
“We’re set up, unlike other states in the union, where it’s collectively Alaskans own the resources. So we share in the wealth when the development of these resources occurs.” – Sarah Palin quoted in the latest New Yorker Now, I don’t know about you, but “share in the wealth” certainly sounds exactly like “spreading the [...]
Ben Smith recently got an email from Republican consultant who was focus grouping an attack spot on Obama with mod Repubs and Indys. Obviously I’m for Obama, but the following ignorance makes me incredibly queasy… 54 year-old white male, voted Kerry ’04, Bush ’00, Dole ’96, hunter, NASCAR fan…hard for Obama said: “I’m gonna hate [...]
First, his opening shot (emphasis mine)… What worries me is the complete lack of accountability by Fannie’s and Freddie’s executives, as well as Wall Street investment bankers also now being insured by taxpayers. We’ve created the worst form of socialized capitalism—private gains combined with public losses. These executives and bankers are among the best paid [...]
“If you bail out every investment bank that gets in trouble, that’s not capitalism, that’s socialism for the rich.” – Jim Rogers, CEO of Rogers Holdings on CNBC today Here’s some background: Last week, it was a $200 billion cash-for-bond swap for the banks. This week, it was a $200 billion bond-for-bond swap for the [...]
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What’s sad is that following seems to be yet another example of China being China. They make no apologies for the crazy stuff that they do, and we keep buying their crap because they can make things for us cheaply. So where’s it gonna stop? From Press Esc: The Chinese authorities are forcibly evicting 1.5 [...]
I’ve yet to comment on the recent immigration debate, though I have previously shared my thoughts on the topic at Thought Theater. Having recently spent some time ruminating on the relevant issues, along with today’s reading of George Will’s latest commentary, I’m ready to take another swipe at the subject. There seems to be a [...]
First, Sully points out that the recent Republican debates signal a return to true fiscal conservatism and the death throes of anything else… From Daily Dish: It’s also clear that compassionate conservatism is dead. Every single candidate favors reduced taxes and big spending cuts. None, however, is prepared to say that Medicare and Social Security [...]
He was on his bus answering a question about whether our government should spend money to provide condoms in Africa. And then the reporter asked him an excruciatingly simple question. You will be amazed… Q: Do you think contraceptives help stop the spread of HIV?â€Â? Mr. McCain: (Long pause) “You’ve stumped me.â€Â? Q: “I mean, [...]
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