Paul Krugman is shocked and dismayed that the G20 nations plan to cut spending in efforts to contain the debt crisis. Lost Decade Here We Come: It’s basically incredible that this is happening with unemployment in the euro area still rising, and only slight labor market progress in the US. But don’t we need...
Let me begin by saying I’m just as guilty as anyone when it comes to distractions. Besides the distractions that just come with being alive and having a family and friends, we also have the distractions of every story that hits the news every day. I’m trying to get away from that, at least...
Did you hear, President Obama is cheering all the jobs that have been created lately? Breitbart/AP: President Barack Obama says the addition of 431,000 new jobs in May shows “the economy is getting stronger by the day.” Pardon me for not sharing his enthusiasm. (Neither is the market!) The temporary Census jobs have to...
The FTC wants to save the old dinosaur media. What could go wrong? The New York Post reported: The Federal Trade Commis sion says it wants to save journalism. I’m not sure who asked it to. In a just-released “staff discussion draft” of “potential policy recommendations to support the reinvention of journalism,” the agency...
Mark Tapscott warns journalists that they better wake up to what Obama’s FTC is trying to do to the news business before it’s too late. I hope he’s not holding his breath. Release of the Federal Trade Commission’s working paper on “reinventing journalism” makes it clear that there is no more time for diplomacy...
Don’t believe what the media is telling you about the immigration march in Arizona. It was an organized, politically motivated stunt that went so far as to put families at risk of heat stroke to score political points. Disgusting. Here’s one sign: American Power’s Donald Douglas published the truth about the immigration rally in...
His support for the auto bailouts should have been my first clue. But he talks the talk. I’ve been quite supportive of Michigan Rep. Thaddeus McCotter in the past. I even interviewed him once, and I liked him. Sigh. Now this. Trading principles for votes. McCotter isn’t the only Republican supporting the union bailout,...
Why don’t rich liberals like Hillary and Bill Clinton just pony up some more tax money to the federal government if they don’t think they’re paying their fair share? Politico: “The rich are not paying their fair share in any nation that is facing the kind of employment issues — whether...
The only thing surprising about this news item is that the researchers were surprised by their findings. Recent research at Harvard Business School began with the premise that as a state’s congressional delegation grew in stature and power in Washington, D.C., local businesses would benefit from the increased federal spending sure to come their...
I know, it really sucks hearing all this bad news, day in and day out. I’d love nothing more than to be able to deliver good news. (OK there is a wee bit of good news – Kwame Kilpatrick was sentenced to 18 months to five years. Yay! Now back to the bad news.)...
This is supposed to be satire, but it’s a little too close to the truth. I’m not quite sure whether I should laugh or cry. Via Business Insider, via Breitbart Tweetvaso link
The engine of the economy is dying. It’s being killed by the progressives. This is bad news. USA Today: Paychecks from private business shrank to their smallest share of personal income in U.S. history during the first quarter of this year, a USA TODAY analysis of government data finds. At the same time, government-provided...
Any time you hear someone extolling the virtues of “leaders with plans” you should run for the hills. After a month of oil spewing in the Gulf of Mexico they can’t even issue the permits Louisiana needs to protect their coast, and we’re supposed to believe they’ll somehow be better at running health care?...
I can’t tell you how sick I am of reading comments from trolls, or commentary by elitists, advancing the argument that a mix of socialism and capitalism is the panacea for all human beings. Of course, they always point to Europe as an example. Well, how’s that working out? The New York Times!: Across...
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