Recent Posts Tagged With 'Economy'

• Christmas greetings from Krugman and Schiff

  Posted on Friday December 25th, 2009 at 18:29 in libertarian, budget, money, business, Liberal, Economy, health care, paul krugman, liberalism, health care reform, peter schiff

  Paul Krugman offers “Tidings of Comfort” in the New York Times: “…Tiny Tim, is sick. And his treatment will cost far more than his parents can pay out of pocket. Fortunately, our story is set in 2014, and the Cratchits have h...

• CBO Gives Dems A $132B Christmas Present

  Posted on Saturday December 19th, 2009 at 15:38 in Republicans, Democrats, Economy, legislation, health care, health care reform

  Christmas is coming early this year for the Dems. With the news that Ben Nelson is falling in line so Dems can avoid a filibuster, the passage of this health care bill has become much more likely (almost a certainty?). Basically, Republicans can cr...

• Bailout Banks

  Posted on Thursday December 10th, 2009 at 11:56 in art, editorial, mortgage, business, finance, investment, obama, Economy, Government, cartoons, financial, economics

  Jon Stewart Clip...

• Unemployment Drops To 10%, Job Losses Lowest Of Recession

  Posted on Friday December 4th, 2009 at 16:11 in money, jobs, Economy, unemployment

  Nobody’s signing “Happy Days Are Here Again,” but any significant downward movement in the unemployment rate is reason for some early holiday cheer. And there’s more good news beyond this. I’ll share a chart that shows ...

• Bank Of America Pays Back TARP Funds 2+ Years Ahead Of Schedule

  Posted on Thursday December 3rd, 2009 at 17:44 in money, Economy, banks

  In Feb 2009, the company reported this… Bank of America Corp. expects to pay back U.S. Treasury relief funds within the next three years, and “categorically” does not need further government funding, Chief Executive Ken Lewis told ...

• Thanksgiving tradition – precedented and “un”

  Posted on Thursday November 26th, 2009 at 13:58 in china, food, Currency, obama, Economy, Turkey, 2008 election, barack, fiscal policy, fiscal responsibility, bad decisions, deficits

  The administration that initiated so much that is unprecedented in American politics, introduced an unprecedented new Thanksgiving tradition – carving up our currency for the holidays. Before considering this new tradition, let us not forg...

• Free the Yuan

  Posted on Tuesday November 17th, 2009 at 13:25 in art, dollar, President, china, Free, obama, Economy, cartoons, economics, pics, picture, political

• Obama To Focus On The Deficit In 2010

  Posted on Friday November 13th, 2009 at 19:41 in money, obama, Economy, barack

  We all know we’re on an unsustainable course with all of this spending. And this is why I voted for this guy: he’s a realist. We needed a short term shot in the arm when he first got in here, but now we have to worry about the long term ...

• Is Our Economic Data Fatally Flawed?

  Posted on Monday November 9th, 2009 at 14:52 in Economy

  The New York Times uncovers a rather disturbing oversight that economists are just now focusing on. Actually, disturbing isn’t the right word. Terrifying is much more of an accurate descriptor. In any event… The fundamental shortcoming i...

• Unemployment Hits 10.2%

  Posted on Friday November 6th, 2009 at 11:12 in money, jobs, Economy, unemployment

  We’ve crossed the psychological barrier and this spells bad news for Dems unless they can turn it around in the next couple months. Because this is the highest rate since 1983 and you’ll be hearing that time and time again in the next mo...

• Poll: Bush Still To Blame For Economic Woes

  Posted on Tuesday November 3rd, 2009 at 13:44 in bush, obama, Economy, polls, barack, economic crisis, economic recovery

  As I’ve said numerous times before, voters aren’t stupid. They know who piloted our economic collapse last year and it’s going to be extremely hard for Republicans to convince them otherwise. Still, it is kind of telling that Repub...

• Dow Jones Closes Above 10,000

  Posted on Wednesday October 14th, 2009 at 17:45 in money, Economy, economic recovery

  True, it might go right back down tomorrow, but I have to say that this is a nice little psychological boost. But it’s not just psychological. Look at the 52 week spread in that picture…at this time last year we were down to 6,469. That&#...

• The “Great Recession” Is Now Technically Over

  Posted on Wednesday October 14th, 2009 at 12:39 in Republicans, Democrats, Economy, economic recovery

  Yep. That’s right. A group of economic forecasters are projecting that we’ll see growth in the next quarter, so the recession is technically over. And hey, we can all be thankful for that. However, the pain will linger for years to come. ...

• The Economics Of Getting Sick: Rescissions & Fraud

  Posted on Tuesday September 8th, 2009 at 10:43 in money, Economy, health care, law

  If you’re not familiar with the word rescission, this is the practice of canceling policies because people didn’t reveal a preexisting condition. And it’s one of the key reasons why the health insurance companies can claim that ther...

• Economy Sees Lift From Stimulus

  Posted on Wednesday September 2nd, 2009 at 13:18 in money, Economy, economic recovery

  The rise in unemployment is slowing down and we’re pulling out of this recession sooner than expected. Why? The reason is clear to me: we stepped in, took action and did something instead of just allowing the markets determine our fate. WSJ ex...

• Budget Deficit Projections Raised To $9 Trillion Over Next Decade

  Posted on Tuesday August 25th, 2009 at 15:26 in money, obama, Economy, barack

  Per Politico, the White House claims that “more than half of the projected deficits over the next 10 years are directly attributable to the previous Administration’s failure to follow the pay-as-you-go principle.” But even if that&...