Category: The Economy and Your Money

Obama to Business: You Idiots Just Need to Understand the Free Market!

Obama to Business: You Idiots Just Need to Understand the Free Market!

| August 15, 2011 | 4 Replies

Anytime you get a situation where President Obama lectures the American people on how the economy works, you know it’ll end in laughter and tears. Today was no different as Our Planmaker-In-Chief stood before a crowd in Minnesota and told them that automakers have no idea in the world what kind of vehicle people really […]

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The Committee is Nearly Set, And the Fix is Already In.

The Committee is Nearly Set, And the Fix is Already In.

| August 10, 2011 | 3 Replies

We now know the names of nine of the twelve members of Congress who will make up the Joint Committee. This committee’s job is to find at least $1.5 trillion in “deficit reduction” from the next ten years of federal budgets that will likely total more than $37 trillion. John Heyward has a good bit […]

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The Gospel of Blame Meets the Poll that Could Resurrect "Cut, Cap, and Balance".

The Gospel of Blame Meets the Poll that Could Resurrect "Cut, Cap, and Balance".

| August 7, 2011 | 12 Replies

It’s Sunday and you know what that means. Yep, the Democrats ran to their bestest buddies in the MSM to preach the Gospel of Blame. The S&P downgrade wasn’t their fault, no way, no how. They are blameless, helpless victims, trod underfoot by a vicious minority called the Tea Parties. Such left-wing luminaries as David […]

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I Will Not Eat Your Bipartisan Spam. I Do Not Like It, Republican-I-Am.

I Will Not Eat Your Bipartisan Spam. I Do Not Like It, Republican-I-Am.

| August 3, 2011 | Reply

I get in trouble sometimes with my fellow right-wingers for insisting that “bipartisan” “compromise” on a budget deal is a carnival game rigged to bring in the rubes so that those who run the game — we call them “members of Congress” — can shake us so hard that money falls out of our grandchildren. […]

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Forgive Me for Not Joining the Party: A Debbie Downer Blog Post

Forgive Me for Not Joining the Party: A Debbie Downer Blog Post

| August 2, 2011 | 2 Replies

I’m afraid I don’t share the general exultation of the right side of the blogosphere today over the debt ceiling deal that will undoubtedly become law today. Hooray, says my friend Jeff:¬†The Republicans scored a political win that slowed down the runaway spending locomotive! Hooray, says my friend Pete:¬†Republicans like Allen West and Renee Elmers […]

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Ring the Bells and Sound the Sackbuts or Something! We Have A Deal on a Deal! Probably!

Ring the Bells and Sound the Sackbuts or Something! We Have A Deal on a Deal! Probably!

| July 31, 2011 | 10 Replies

Here we go…again. It looks like the debt ceiling circus may actually be at the end of the endgame. The President trudged to the microphone tonight and announced a debt ceiling deal with the Republicans. He also mumbled some stuff about evil rich people, but we’re pretty much ignoring that as reflex at this point. […]

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You Keep Using the Word "Austerity". I Do Not Think It Means What You Think It Means.

You Keep Using the Word "Austerity". I Do Not Think It Means What You Think It Means.

| July 31, 2011 | 3 Replies

Back in the early days of the debt ceiling circus, before it became a maze of twisty little deal offers, all alike, the left-wing site Talking Points Memo was all atwitter. The entire debate — not just a couple early conservative suggestions, but the whole thing — was the beginning of a new dark age, […]

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Don't Get Excited, but We Could Have an Agreement Here (Corrected and Updated)

Don't Get Excited, but We Could Have an Agreement Here (Corrected and Updated)

| July 30, 2011 | 10 Replies

Here we go. ABC News is reporting tonight that Republicans have worked out a deal with the White House on a tentative debt ceiling agreement. The bullet points are: Debt ceiling increase of up to $2.8 trillion Spending cuts of roughly $1 trillion Special committee to recommend cuts of $1.8 trillion (or whatever it takes […]

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Ezra Klein Has A Magic Solution to the Debt Ceiling "Crisis", but the Politics Make Him Sad.

Ezra Klein Has A Magic Solution to the Debt Ceiling "Crisis", but the Politics Make Him Sad.

| July 30, 2011 | 4 Replies

You may think you have plumbed the depths of idiocy in the debt ceiling debate, but you have not. I warn you, if you continue to read this post, you will come across an idea so stupid that it may well blast large parts of knowledge from your brain that you may not be able […]

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Let's Stop the Clubbing of America

Let's Stop the Clubbing of America

| July 29, 2011 | Reply

It’s not so much that President Obama has hamstrung the economy but that he’s methodically stalked it over the past two and a half years. And now he’s clubbing it to death. Real gross domestic product — the output of goods and services produced by labor and property¬†located in the United States — increased at […]

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