Archive for the 'Economy' Category

Bush attacks Democrats over spending–AP headline

Saturday, September 22nd, 2007

Let’s try some remedial economics.
Why is “Tax & Spend” better than  “Borrow ‘n Spend?”
Could it be that the latter policy includes
interest AND taxes down the line? 
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Associated Press - September 22, 2007 7:03 AM ET
Bush attacks Democrats over spending
WHITE HOUSE (AP) - President Bush uses his weekend radio chat today to again tee off on Democrats, […]

The spasmodic nature of the credit crunch will undoubtedly cause signs to change.

Saturday, September 8th, 2007

From this…
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to this…
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Image: (90-days sign) paymenteliminator.com

Why I find government economic reports a joke…

Thursday, June 7th, 2007

 The title and first paragraph look good, but the other grafs certainly paint a much drearier picture.
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Jobless claims down 1,000 to 309,000 last week
Thu Jun 7, 2007 1:32 PM BST18
WASHINGTON (Reuters) - The numbers of U.S. workers signing up for first-time unemployment benefits edged down by 1,000 to a seasonally adjusted 309,000, Labor Department data […]

Six Headlines-No Smith?

Wednesday, February 14th, 2007

 MSNBC.com at Noon
MORE TOP STORIES

• Blizzard hits Northeast | • Images
• Chrysler to cut over 13,000 jobs
• Bernanke upbeat on economy
(An upbeat view while 13,000 jobs are lost may qualify
Bernanke for ‘Best In Show’ among Spaniel Economists.)
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ALSO MAKING HEADLINES

• Scoop: Who is ‘Idol’s’ biggest diva?
• It’s a lightning-speed ‘Idol’ L.A. show
• Spaniel is U.S. top […]

The real story is so much more interesting.

Friday, February 2nd, 2007

“Punxsutawney Phil predicts early spring
Fri Feb 2, 7:34 AM ET
A new pair of hands pulled him from his stump this year, so it was only fitting that Punxsutawney Phil offered a new prediction.
The groundhog did not see his shadow Friday which, according to German folklore, means folks can expect an early spring instead of six […]

Greed–the gift which keeps on taking.

Wednesday, January 31st, 2007

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Senator Judd Gregg ( R-N.H.) displaying the short hand.
“Senate Multimillionares Vote To Block Minimum Wage Hike
After repeated delays by conservatives, the Senate voted 87-10 today to end debate on legislation that will raise the minimum wage for the first time in a decade, from $5.15 to $7.25. The bill will move to a full vote […]

The Compassionate Conservative strikes again…

Sunday, January 28th, 2007

‘January 28, 2007
Experts See Peril in Bush Health Proposal
By ROBERT PEAR
WASHINGTON, Jan. 27 — With his proposal to uproot a tax break that has been in place for more than 60 years, President Bush has touched off an impassioned debate over the future of the employer-based system that provides health insurance to more than half […]

It’s called bi-partisan compromise.

Thursday, January 18th, 2007

Mass Republican defection for ’scaled down’ student loan relief bill
Michael Roston
Published: Thursday January 18, 2007

Student loan relief passes with large GOP defection
House Democrats on Wednesday drove through H.R. 5, “The College Student Relief Act of 2007,” which works to make college more affordable by gradually reducing the interest rate on subsidized federal student loans. The […]

What have we here?

Friday, December 22nd, 2006

Goodness! It’s another grotesque example of corporate welfare.
The Teapot Dome was nothing when placed against W’s transgressions. 
December 22, 2006
“Incentives on Oil Barely Help U.S., Study Suggests
By EDMUND L. ANDREWS
New York Times
WASHINGTON, Dec. 21 — The United States offers some of the most lucrative incentives in the world to companies that drill for oil in publicly […]

But can you dance to it?

Wednesday, December 13th, 2006

“Washington Post-ABC News Poll
The Washington Post
Tuesday, Dec. 12, 2006
This Washington Post-ABC
2. Do you approve or disapprove of the way Bush is handling (ITEM)?
12/11/06 - Summary Table
…………………………………………………Approve//Disapprove/ No op.
a. The situation in Iraq……………………….. 28………. […]