Category Archives: Economics
Real "Must See" TV
Tonight on 20/20: “Bailouts, Big Spending, and Bull” On Friday, March 13, 2009, John Stossel looks at “Bailouts, Big Spending, and Bull” with segments about the crackdown on medical marijuana, universal preschool, traffic congestion, stimulus spending, border walls, and the … Continue reading
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War Warning
The Wall Street Journal has an interview with Václav Klaus, the President of the Czech Republic. He’s also a Professor at the Prague School of Economics. He’s a very smart man and he has words people in the US need … Continue reading
Posted in Economics, genocide, History, Obamanation, politics
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On the Ammo Shortage
I know that even a few months ago, I could walk into a Wal Mart and buy a thousand rounds of .40 S&W or .45 ACP any time. Now I might find one box if I’m lucky. Bob Owens at … Continue reading
No wonder they were in such a hurry
The Hill says Gov. Rendell doesn’t think the “stimulus” bill will fix the economy. Pennsylvania Gov. Ed Rendell (D) backed the $787 billion stimulus but said Saturday that he isn’t sure whether it will actually fix the economy. Because it … Continue reading
GM: Bankruptcy is inevitable
GM stock hits 74 year low. General Motors Corp. shares on Friday tumbled to their lowest level in more than 70 years, pulled down by a drop in the broader markets and continued speculation about the future of the struggling … Continue reading
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Bank Nationalization
Bank nationalization is the latest Bad Idea in Washington. This idea is chock full of fail. Long regarded in the US as a folly of Europeans, nationalisation is gaining rapid acceptance among Washington opinion-formers Because it is a folly and … Continue reading
GM Considering Bankruptcy
Reuters says GM is considering filing chapter 11. CHICAGO (Reuters) – General Motors Corp, nearing a Tuesday deadline to present a viability plan to the U.S. government, is considering as one option a Chapter 11 bankruptcy filing that would create … Continue reading
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Remember Stagflation?
No? Well you will now. It’s coming. Russ Roberts points out growing signs of Inflation. It’s no surprise. When the government spends money like a drunken sailor with a printing press, inflation is gonna happen. It’s not a question of … Continue reading
Posted in Economics
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Feelings vs Facts
aepilot_Jim at Confessions of a Gun Toting Seagull talks about feelings and facts. You need to read it for the awesome set up, but here’s a little taste: Hoplophobes cry that guns are bad and, sometimes psychotically, ignore the fact … Continue reading
It's NOT a stimulus bill.
It’s a political power grab of epic proportions. From CNN “Everybody on the street in America understands that,” said Sen. Richard Shelby, the ranking Republican on the Senate Banking Committee. “This is not the right road to go. We’ll pay … Continue reading
