Category: Economy

This is pretty rich. Pun intended. Good observation by Andy Levy on Twitter about Will Ferrell’s video for moveon.org
Man who made $20 million for BEWITCHED thinks health insurance execs are overpaid.
http://pol.moveon.org/insurance_execs/

One of the first opinion pieces I’ve seen that is all questions. These questions say more than most statements.
RealClearMarkets - What Is the Foundation Of Your Economic Beliefs?.

Boortzs asks a great question about Obama’s feint at being open to the idea of doing what is proven to fix the economy - cutting taxes. President Obama has said he wants to discuss the idea of lowering corporate taxes over time in exchange for elimination of loopholes. Boorts asks:
“Over time?” What’s this? Don’t’ we [...]

Looks like Trump is participating in the recession. On the bright side, at least people aren’t gambling as much…outside of Washington anyway.
Trump Entertainment Resorts Inc., real estate tycoon Donald Trump’s casino group, filed for Chapter 11 bankruptcy Tuesday morning, court documents show.
The petition listed less than $50 million in assets and nearly $500 million in [...]

Short answer: Wealth redistribution.
Shorter answer: Welfare.
How Obama’s vote-buying 95% tax cut scheme works.
One of Barack Obama’s most potent campaign claims is that he’ll cut taxes for no less than 95% of “working families.”

First, the bait and switch:
There are several sleights of hand, but the most creative is to redefine the meaning of “tax cut.”
For the [...]

Oh goody, the Dems are planning on giving away another $150 billion worth of wealth redistribution.
Acting as if Obama has already been elected Pelosi is making plans on spending more money. I wonder if she’ll give fellow Democrat lawmakers permission not to vote on this bill like she did the bailout.

After consulting with Barack [...]

Newt Gingrich explains how it is predatory politicians that caused the problem.
In the midst of the economic crisis and the wake
of the Paulson bailout, the mainstream media have begun publishing
obituaries for the free market.   The elite press has begun to trumpet
“the end of American-style capitalism” and “the bankrupt dogma of
Reagan-Thatcherism.”   But are free markets [...]

Newt has a great list of questions on newt.org.

Being the Media will never ask them, (Obama has told them it is not allowed, it will distract from him milking the economy issue which should put him in the tank not ahead, but this is supposed to be parenthetical) I suggest Newt change the title to…….

From Self-composed:

Obama is preemtively countering all scrutiny of his past elbow rubbing with angry extremists, unrepentent terrorist bombers, and other radicals by launching a new ad and talking point campaign that goes something like: “we have to talk about the economy, and only the economy, because talking about anything else is just trying to change [...]

New record - largest one-day point drop in history.

The Pope says the finanacial crisis shows the futility of money. Let’s see if that keeps churches from passing the collection plate.