Yesterday…Yahoo!: “unexpected jump in the number of Americans filing for unemployment benefits”
Today…LA Times: The unemployment rate unexpectedly fell…At the same time, however, employers cut 20,000 jobs, more than the 5,000 economists expected…
From 50 years go…Atlas Shrugged [paper back page 1063] as spoken by John Galt.
“Only when men discovered that nature was a firm, predictable absolute [...]

George Clooney had a telethon to raise money for Haiti. His telethon he organized raised something like 66 million.
George Clooney would have to have that telethon every day for 158 years to raise enough money to pay for Obama’s latest budget proposal.
Just to put it in perspective.

I have talked about the shaky statistics that make up the income gap and median income.   I just ran across an interview with Thomas Sowell regarding his new book; Intellectuals and Society; that ads even more clarity to the point (in part 2).
Part 1 | Part 2 | part 3 | part 4 | part 5 [...]

In President Obama’s push for a “fee” on banks to recoup losses from the TRAP plan.  He and his administration continue to confuse economics and with wealth redistribution and to play pretty loose with the facts.  Let’s look at this speech in a little more detail.
Losses in TARP plan.
These losses are not caused by the [...]

The Wall Street journal had a great editorial on the link between teen job loss and minimum wage.   Here is a supporting chart from the Bureau of Labor Statistics.  This was completely predictable and was predicted by economists.. and here.
Somehow the AFL/CIO has miscounted the minimum wage earners by a meer 9.5 million or so.  [...]

This post is in response to a well written article/post from an obviously more liberal point of view.   I recommend reading his thoughtful piece .  His few pages are closer to a good legislative framework then our Congress and White House have come to in 1000s of pages across 5 committees As you may or [...]

A contrast in style. Waxman makes himself an idiot. He never expresses an opinion or listens to the input. He only berates the messenger. This seems to be the standard Liberal argument to all opposition to the growth of government. It is tough to actually find [...]

Those are not my words but the words from Rep Dingell (a Democrat) that supports the concept.   Even more interesting is that he even mentions that we examples of it being tried and it simply fails.   So the answer, of course, is to do it anyway and tax on the other end as [...]

Obama does such a great job of saying on thing and doing another.    In blaming others for every ill .    But is was he himself that said “Just words.. Just Speeches”.    That actions are what matters.
He says he does not want the government to own banks or car companies.   But his actions go beyond ownership, [...]

A “Letter from the Boss” was floating around the Internet right after the election.  In general it says “Obama’s poilicies are increasing my expenses, you voted for him, I am laying you off.”    Good political fodder for consevatives and liberals alike.
It has now been 100 days and the DOW hovers just over 8000.   Layoffs continue.   [...]