Moonage Political Webdream

Right as Obama is gearing up for another round of stimulus funding, Germany’s Angela Merkel blindsided him some of the craziest advice Obama’s probably heard since the last Tea Party rally: “It’s urgently necessary for monetary stability that public budgets return to balance,” German Economy Minister Rainer Bruederle said at a press conference Monday, according [...]

Every now and then I read something that just makes all kinds of sense on Seeking Alpha.  They seem to have a way of getting people to simplify economics in such a way the average guy ( me ) can undertand it.  Today it was Cliff Droke discussing China.  Never heard of Cliff before, but [...]

Iran is one of the most notoriously bigoted countries on the planet.  Just this week the whole world hada  chuckle at how stupid they can be.  A cleric decided women were the cause of earthquakes.  They’re so sexist women pretty much have to cover themselves head to toe when in public.  The Dark Ages have [...]

Bertha Lewis, CEO of Acorn, is proud to be a socialist. She applauds anyone who calls themself a socialist.  But, that’s not the best part: “Any group that says, ‘I’m young, I’m Democratic, and I’m a socialist,’ is all right with me. You know that’s no light thing to do — to actually say, I’m [...]

Two sequential headlines on Seeking Alpha caught my eye this morning: And So It Begins: Futures Plunge as Fed Raises Discount Rate and Investing in China: Which ETF You Choose Is Key It’s being discussed, but not nearly enough in my opinion.  How much investment money is going to China just to subsidize their ability [...]

But unemployment claims went up, again.  They were expected to drop to 460,000.  But, they came in at a revised 480,000.  That’s about 4% more than expected. Obama, sensing there might be some bad news, cheerfully told people to not watch the “echo chamber”.  That’s cable news to most of us. Then, the House Democrats [...]

I woke up this morning to the news that Dubai had basically defaulted on their debt.  I expected a market crash as the result.  So far, that hasn’t happened.  It’s been a bad day, but not all that bad.  But, to me, something just don’t feel right. Late June, California announces it’s basically bankrupt and [...]

Anita Dunn, White House Communications Director.  Handpicked of course, by President Obama.  She apparently flew through the “vetting” process to assure she had some goofball felony charge pending or supported some radical element such as the Bolizean Grove or Bill Ayers.  At first it just seemed a couple of bad apples slipped through the “vetting”. [...]

President Obama won a Nobel Peace Prize.  Although some are scratching their heads over why, I’m not.  It’s quite obvious and the Nobel peeps even said why: “for his extraordinary efforts to strengthen international diplomacy and cooperation between peoples” Some were somewhat dubious of his accomplishments: “Frankly to be nominated after he has been in [...]

The managers of the Empire State Building have decided to honor the Communist takeover of China by lighting the building in red and yellow.  I just find it highly ironic, a bit stupid, and a whole lot of insensitivity, that the managers feel an urge to celebrate an oppressive government that led to mass killings [...]