Category Archives: Economics
Government Hates Competition
“How dare you try to undermine the value of our currency. That’s our job!”
“I can’t eat an iPad.”
Why is it that the idiots always think they’re the smart ones? New York Fed President William Dudley got p0wnd by the crowd in Queens when he went down to explain the economy to the rubes. Too bad the “rubes” … Continue reading
Posted in Economics
5 Comments
Food prices up 3.9%, highest in 36 years
Inflation is here. But the Fed won’t admit it because food isn’t a part of the Consumer Price Index. I guess people don’t have to eat.
Posted in Economics, Fail
3 Comments
The incredible shrinking Dollar
The push for Dollar coins is back. I don’t have anything against dollar coins but it’s a good sign that the Dollar has reached change status. Almost nothing costs a dollar (or less) any more and thanks to the Fed … Continue reading
Posted in Economics, Fail
9 Comments
QOTD: Get out of the damn way, edition.
When you’re in a hole, stop digging. Stop running deficits of over 1.5 trillion dollars. Act like grownups and get your fiscal house in order. Stop spending 25% of what we produce. Stop wasting my money and giving it to … Continue reading
Disappearing Coins
This is no magic trick. Thanks to the Federal Reserve’s inflationary policies, many coins are now worth more as bullion than their face value. A pre-1982 copper penny is worth three cents.. Post 1982 pennies are made from plated zinc … Continue reading
Posted in Economics
6 Comments
The debate is over
The consensus is in. 200 top economists, including two former directors of the CBO, sent a letter to lawmakers urging them to repeal Obamacare. Hey, if consensus is good enough for Global Warming it should be enough to repeal Obamacare.
Metal Theft: Welcome to the third world, America
When I saw the headline to this story my first thought was, “I bet they had copper in them.” Sure enough, they are made of brass which has a high copper content. Anyone that has tried to run a phone … Continue reading
Posted in Economics
6 Comments
The Bernank, he lies.
The Daily Show With Jon Stewart Mon – Thurs 11p / 10c The Daily Show on Facebook
