Category Archives: Economy

Unemployment?

I call BS. Clear case of marginal value. In this case an employee would receive a discount on auto parts.

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Expect The Same "Success" As Cash For Clunkers

We have needed a new washing machine for about 8 months now.  It’s old, grumpy and just doesn’t do the job I want it to do.  Normally, I would have bought one about 6 months ago.  But when there is “Obama money” to be had, I’ll wait the extra 6 months.

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Tax Day Tomorrow: Nearly Half of Americans Pay No Taxes

Tomorrow is April 15th.  It’s the day of reckoning for millions of Americans who have a tax bill to pay Unc Sam.  Are you one of the lucky few many?

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Can You Really Be Poor?

There is significant talk about the poor in America. And to be sure, there are those who have an those who have not.  But can you say that America’s poor are truly poor?

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Our Plan Is So Good—We're Gonna Tax The Hell Oughta Ya

So, at a time when the country is strugglin’ pretty mightly [notice I avoided saying that we are struggling like we haven’t struggled since the Great Depression?  Yeah, cause sayin’ that is kinda stoopid.  We aren’t strugglin’ like we was strugglin’ as recent as 1981] the administration is worrying about a lot of other things besides that strugglin’.

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America Spends More Money on Health Care Than Any Other Nation in the World

And there is a family in Raleigh, NC that thinks THAT is a pretty cool friggin thing.  “cause no where else in the world does a population of people have the money to spend on technologies that cost so much to develop.

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The Post Office is Running LA

Watch this guys.  California is the state with the biggest hand out infrastructure in the Nation.  They have more entitlement programs than you can shake a stick at.  And YOU are going to bail ’em out.

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Unemployment?

This sign has been in the window for a month now. Clear case of marginal value.

April 5th, 2010: Chance of Recession in the Next 12 Months — 00.055%

Very little has changed since March 1st.

In essence, the New York Fed says that there is a 00.055% chance that the country will enter or be in recession by April 2011.

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Fannie and Freddie Done

Thank gawd!  To finally see the two agencies almost single-handedly responsible for the financial crisis of the last 2 years on the ropes almost makes up for last night’s horror show.  Almost.

“It’s clear that Fannie and Freddie, as they currently exist, should be put out of existence, which means the important question is what combination of entities public and private will replace them,” said Rep. Barney Frank (D-Mass.), chairman of the House Financial Services Committee.

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