Archive for the 'Economy' Category
Quantitative Easing Revisited: You’ve Just Crossed Over Into the Bernanke Zone
February 7th, 2012Via: Omid Malekan:
Major Obama Donors Are Tied to Pepe Cardona, Mexican Fugitive
February 7th, 2012So, Cardona is the Obama regime’s version of Jack Abramoff? Something like that. Fuggetaboutit. Via: New York Times: Two American brothers of a Mexican casino magnate who fled drug and fraud charges in the United States and has been seeking a pardon enabling him to return have emerged as major fund-raisers and donors for President […]
Oakland: Single Traffic Camera Generates More Than $3 Million a Year for City
February 6th, 2012Via: San Francisco Chronicle: California has the most expensive red-light camera tickets in the world – the fine is so steep that one camera in Oakland generates more than $3 million a year – and a Fremont man is launching a protest group to do something about that. … Anyone in California snapped violating a […]
John Key at Waitangi: Making Friends and Influencing People
February 5th, 2012Via: New Zealand Herald: Prime Minister John Key and fellow politicians were verbally abused by protesters during ugly scenes at Waitangi this morning. Protester Wi Popata heckled prominent Maori MPs at Te Tii Marae, calling Dr Pita Sharples, Te Ururoa Flavell and Hekia Parata “John Key’s niggers.” “The Treaty’s not for sale,” chanted others. “You […]
Corporatism Is Not the Free Market
February 5th, 2012I wish that I had a nickel for every imbecile (and university faculty member and student) who didn’t understand this. Via: Reason: When a front-running presidential contender tells the country that thanks to Barack Obama, “[w]e are only inches away from ceasing to be a free market economy,” one is left scratching one’s head. How […]
Slab City: Living Off the Grid in California’s Badlands
February 5th, 2012Via: Time: “Chicago” Joe Angio and his wife Anna did everything by the book to secure their slice of the American Dream. They earned college degrees, started a small business, bought a house and pair of cars, paid their taxes and credit-card bills on time. But when the economy tanked, so did the dream. Between […]
Chris Hedges “Brace Yourself! The American Empire Is Over & The Descent Is Going To Be Horrifying!”
February 5th, 2012Via: CSPAN:
States Seek Currencies Made of Silver and Gold
February 4th, 2012Via: CNN: A growing number of states are seeking shiny new currencies made of silver and gold. Worried that the Federal Reserve and the U.S. dollar are on the brink of collapse, lawmakers from 13 states, including Minnesota, Tennessee, Iowa, South Carolina and Georgia, are seeking approval from their state governments to either issue their […]
Government Motors: Chevy Silverado ‘2012’
February 4th, 2012Flashback: The Treasury Department yesterday revised its loss estimate for the Government Motors bailout from $14.33 billion to $23.6 billion. Via: YouTube:
Record 1.2 Million People Fall Out Of Labor Force In One Month, Labor Force Participation Rate Tumbles To Fresh 30 Year Low
February 4th, 2012Via: ZeroHedge: A month ago, we joked when we said that for Obama to get the unemployment rate to negative by election time, all he has to do is to crush the labor force participation rate to about 55%. Looks like the good folks at the BLS heard us: it appears that the people not […]
