US Political Nonsense

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Entries for the ‘Economics’ Category

Ask Your Gov’t to Stay Out of the Economy

Surprise, surprise. Joe Biden finally admits what I’ve been saying: that those politicians didn’t know what they were talking about when it comes to the economy.
“The truth is, we and everyone else misread the economy. The figures we worked off of in January were the consensus figures and most of the blue chip indexes [...]

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Is our recession getting worse?

Listening to the news, I hear a lot of talk about how we are seeing the end of the recession. Now mind you, I’m not the expert in the economics, but I’m slowly taking on an interest in that field, so I’m doing a lot of reading. I came across an inflation chart (seen below) [...]

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A Snapshot of US Debt

Disturbing to say the least.  USDebtclock.org gives a real-time calculation of US debt and displays it in an easy format.  Check it out, bookmark it, and keep tabs on it.  It will open your eyes to what is going on up in Capital Hill and why we need to pull the reigns in on spending.  [...]

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A Stimulated Failure?

So where is the wonderful turn-around we were promised?  Anyone?  Mr. President?  Mr. Paulson?  Mr. Geitner?  Mr. Bush?  We un-willingly allowed the lot of you to spend ridiculous amounts of our tax dollars with the promise that it would turn our economy around.  I am beginning to think that it was all a ruse so [...]

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IRS Losing Buck While Congress Spends It

I believe that the operative words will soon be: I TOLD YOU SO!
Buried in headlines today is a little revelation: the government is pulling in less money.
So was all of this spending a good idea?  Is the $1.5 trillion budget a wise idea?  Yes, because when you are losing money, the best strategy is always [...]

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More Power! More Power!

The weeping cry of (true) conservatives everywhere is that Obama and his cronies are after only one thing: Government Expansion.
You can’t really say that (true) conservatives are crying wolf.
Of course with all of the money being spent, all of the seizures and investments being made into (what really only formerly was) the private sector, Obama [...]

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AIG Failure Not a Bad Thing

One of the biggest excuses in the bailout of AIG has been that the corporation is “too big to fail.”  But does that mean that it would be a bad thing if it did?
Harkin back to years ago, when anti-trust laws were instituted in order to prevent companies from growing too large and holding too [...]

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Must Read of the Day

Here is an amusing piece from the ever-so beautiful Michelle Malkin.  I cannot agree more with the point of the article.
SPARE US YOUR FAKE FURY, DC HYPOCRITES!

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Obama got an AIG bonus too?

Now this is rather weak, but still holds water in the principle.  Ranking 2nd in the senate, Obama received just over $100,000 in campaign donations from the demonized AIG.
Of course the U.S. government, including the Obama administration, is slamming AIG after it fulfilled contractual obligations (which were allowed through a clause in federal funding from [...]

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What $700B means to you…

All this talk about the bailout and all the money that the government is just handing out got me thinking of what it means for each person.  And yes, even though they are giving the big 3 a hard time, but they are still just throwing out the money.
Anyway, I surfed over to the Census [...]

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