Category: Economics

Biting The Hand…… UPDATE: Or, Happily, Not.

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This is something I wish I would have created on my satire web site AlteredNews.Com. But no! It’s real! AIG, you remember, that company that helped get Wall Street into the mess that created the Great Recession, may sue the Federal Government because it argues the bailout terms were too punitive! The board of A.I.G. […]

Mitt Romney’s Hoover Moment?

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“There are 47 percent of the people who will vote for the president no matter what. All right, there are 47 percent who are with him, who are dependent upon government, who believe that they are victims, who believe the government has a responsibility to care for them, who believe that they are entitled to […]

Media FAIL… The Daily Beast Going Bust?

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Looks like the Harmon family is divesting interest in NewsWeeks Daily Beast online blog. Barry Diller launched The Daily Beast under the auspices of former New Yorker and Vanity Fair editor Tina Brown in October 2008. The presence of Brown, coupled with an emphasis on political coverage that dovetailed with the election of U.S. President […]

The Folly Of Government Trying To Create An Industry

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Last night, in response to this article, I posted this on my Facebook page. Ha Ha! A123 is tanking and laying off workers!!!! One of my friends responded: Is that joy in people losing jobs…? No, just laughing at unrealistic policy. Government is great at developing cutting edge technologies – the internet, various medical procedures […]

Thursday April 5th, 2012 in Economics, Stupid Government | No Comments »

Dishonest Journalism – And Fact Check FAIL ( by me)

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Oooops! So, I woke up this morning, and while I was scanning the news, I saw this headline. CBO: Obamacare to cost $1.76 trillion over 10 yrs I scanned the short piece, and applied the usual safeguards: the meat of the article seemed plausible, there was a link to the CBO report, and the link […]

Wednesday March 14th, 2012 in Economics, Journalism, News Critique | No Comments »

Only One Fish Was Hurt In The making Of This Ad.

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Funny ad… But… In the end… Doesn’t this just support the notion that the stimulus should have been a lot bigger? PS. Hey… My comment got “Sully’d“! I didn’t get a blog link, but then, I really don’t care about that much anymore… Liar!

In The “Sounds Good, But…” Department.

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Or, to steal a phrase from Admiral Ackbar… “It’s a TRAP!!!” But, as far as traps go, this one may be a good one. President Obama is going to ask Congress to give him more power to be able to merge competing Federal agencies, thus getting rid of competing agencies, easing the conflict of overlapping […]

The Gold Standard Fallacy.

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A friend who is an ardent Ron Paul supporter, upon reading that I’m not a fan of Paul’s desire to retreat back to the gold standard, suggested that I watch this video. (here is the transcript) Sorry, but it’s just not as simple as a six minute interview. There is a lot of history being […]

Wednesday January 4th, 2012 in Economics, History, Politics / Law Stuff | 2 Comments »

I’m Voting For Ron Paul… And More!

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In a recent e-mail, my Mom wanted to pick my brain concerning Ron Paul. I had been meaning to visit that subject anyway, so I’m posting my reply to her here as well. I happen to respect Ron Paul a great deal. I do think some of his ideas on fiscal policy are goofy (going […]

Why Unions Must Grow???? To Pay For Their Own Existence!

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From a recent MSNBC article highlighting the UAW’s recent attempts to gain a foothold in foreign owned non-union auto manufacturers. Exhibit (A) The United Auto Workers union is staking its future on the kind of struggle it hasn’t waged since the 1930s: a massive drive to organize hostile factories. …the target is foreign car makers, […]

Thursday December 29th, 2011 in Economics | No Comments »