There is nothing so likely to produce peace as to be well prepared to meet the enemy.
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A few days ago President Obama delivered his vision of the 2012 budget. It was less than well received: The Republicans, as expected, weren’t too pleased with it either. Here it is if you want to watch it before discussing any further: Now, the main gripe was, as per the norm with Obama, it had [...]
A few months or so ago, Obama hit the beach and started delivering his “economy is recovering, but not enough” message. Some think this was in response to the rather catastrophic forecast of the first Tuesday in November. Personally, I do. “It’s the economy, stupid.” Simple message, hard to debate. The message then was that [...]
President Obama has decided the unemployment situation is bad. He has a point. It’s now as bad as it was when Reagan fixed Carter’s mess. So, he decided to have a get-together with minds that he thinks will fix the problem. Now, in my relatively simple world, the best way to cure unemployment is to [...]
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 [...]
There are basically three steps to passign any legislation. They vote on it. If it passes, and there are differences, it’s those differences are reconciled in conference. The amended legislation is then voted on again. If it passes, the President signs it and it is done. Before the initial round of voting, Harry Reid stated [...]
They say numbers don’t lie. However, numbers, in the context of time, can change in meaning. We all remember the economic boom of the Clint0n years. Everyone got real quiet while the numbers came in, and the money rolled freely. Everything was exploding in value and no one really knew why, or cared that much [...]
Harry Reid predicted last week that if the Senate did not pass the stimulus package that day, the Dow would crash. They didn’t pass it, the Dow went up 200 points. Last night the Senate passed a critical vote, to cut off debate and schedule a vote on the stimulus package. This is the preamble [...]
Yesterday Harry Reid stated that if the Senate did not pass the economic stimulus plan the stock market would crash on Friday. Funny thing happened today ( Friday ). Barring a major sell-off, the market is UP 200 points so far on the news that the Senate did NOT pass the stimulus package. You think [...]
Representative Lynn Woolsey is in the same bed as Nancy Pelosi ( now is that a scary vision or what? ): Sift through their self-righteous attacks on the Senate floor and the bluster of their talking heads on FOX News, and there’s an important aspect of the debate over the recovery package that the Republicans [...]
In Losses, that is. A while back I did a little piece: When asked whether the Democrats “deserve some responsibility” regarding the economic crisis, Pelosi responded: “No.” That’s what Nancy Pelosi had to say in September. She could equivocate the hell out of that too. If a Democrat was president, it was the Republican House’s [...]
