Editors Picks

“Experts” still surprised at economy…John Galt was not

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 [...]

Median income (a reprise)

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 [...]

Obama’ … Just words. Just speeches.

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 (Reprise – Reality Check)

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.   [...]

100 days now what?

It has now been 100 days and the DOW hovers just over 8000.   Layoffs continue.   President Obama’s stated budget will dwarf all deficits ever recorded.   There is no hope in stopping in in Congress and they are likley to add more of their own projects to it.  At that is just the downpayment as we [...]

Government’s reponse to job losses… give me more!

The economy continues to contract and people continue to lose their jobs. It is also important to remember that companies are reporting losses and people that work on commission, though employed are suffering huge losses in income. All of this means less taxable income to all levels of government. So that would mean less revenue [...]

Just when you thought it couldn’t get worse…

I think we were all coming to grips with the “Socialist” Obama. Washington is now running the banks, running the auto companies, dictating salaries and planning to move into other sectors should the need arise. Some were convinced that these actions were necessary to stabilize the economy. Others believe that the economy is a convenience [...]

What could you do with $9,000 dollars a year for three years?

+$1.15T being injected into the Financial market. Washington has now put in $9T to “fix” the economy. This is 89,000+ per household in the US. I am trying to find the statistics but I would think we could have just paid up the mortgages on everyone at risk for far less. But like many of [...]

"Barack Obama is the smartest President"?

Have you heard it before? We have all heard how “dumb” George Bush is/was. I think it is about time to reveal that there is a big difference between book-smart and street-smart; Obama being the former and in no way the latter. The media being much of the former as well, has little to no [...]

Well played, Mr. Obama

Many is the media are “confused” by the seeming contradictions in the ever expanding spending coming from Washington and the statements about the desire to “balance the budget”. Since most of them are devoid of 5th grade math skills they can’t make the connections that most of the rest of us can make…”this just does [...]