Archive: January, 2012

I’m good for 3 or 4 of the 1.4 million hits on [MoveOn.org's] video below… I gotta tell ya, I’m amazed at how Economist, and former U.S. Labor Secretary, Robert Reich can illustrate “The Truth About the Economy” in a mere 2 minutes, 15 seconds… But I suppose offering up talking points, with no more [...]

Leave Your Comments »

John has a half-million dollars in his 401(k)… Ten years ago he had a hundred thousand… So why was John happier ten years ago? Because four years ago he had $600,000… He’s thinking the market stinks… In March 2009 Jim Jr. inherited a $285,000 retirement account that’s now worth $500,000… He’s thinking the market’s wonderful… Jim [...]

Leave Your Comments »

The President says we should stop subsidising big oil and “double down” on green energy… I agree with the first part… Many a politician, manufacturer and union rep would have us believe China cheats when it comes to trade… When we’re talking subsidies, I agree… They are… But it’s not you and me they’re cheating… [...]

Leave Your Comments »

Here’s legitimate economist, Don Boudreaux, blogging at cafehayek.com… Ironically, his book Globalization inspired my finger-painting below, although Chinese tires wasn’t then his chosen topic (as it was in my scribble): Lobbyist Scott Paul details the bounty that American tire producers now reap from the Obama administration’s tariff on Americans who buy Chinese tires (Letters, Jan. [...]

Leave Your Comments »

Debbie Bosanek, secretary to Warren Buffett and honored guest at Tuesday’s State of the Union address, “pays a tax rate of 35.8 percent on her income”, according to that bastion-of-truth-and-impartiality, ABC. You’re thinking that’s Federal Income Tax, right? Let’s do the math: For starters, at a 35.8% tax rate, she’s doing quite well for a [...]

Leave Your Comments »

“all lies and jest, still a man (voter) hears what he wants to hear and he disregards the rest” Simon and Garfunkel Romney: “I’m smart enough to make and keep a few hundred million, turn around the Olympics and help build dozens of great companies, but I am utterly clueless when it comes to international [...]

Leave Your Comments »

Blog Archive

show
 
close
Guess Who’s Buying Treasuries http://j.mp/lO1xGo via @AddToAny