Tag Archives: Economy

Default not such a good idea

The former Chief Economist of the IMF, Simon Johnson, was unequivocal about the effects of a US default which is being floated by some of the more ignorant members of Congress… “It would be very damaging, there’s no question about … Continue reading

Posted in Congress, Economy | Tagged , , | 6 Comments

Amazon leaving Texas because of Perry and Combs

Citing an ‘unfavorable regulatory climate’, Amazon.com announced today that it will be closing it’s fulfillment center in Irving scrapping plans for additional centers in Texas which would have brought tens of millions in capital investment and more than 1,000 jobs … Continue reading

Posted in Business, Stupid Republican Tricks, Texas | Tagged , , , , | 1 Comment

Boehner brings the stupid

Well, not everyone can be smart, well spoken and understand economic realities. We’re certainly glad that for those people, there’s Speaker Boehner, the dumbest little packaging salesman ever to burst onto the scene in Ohio. The jobs number is out … Continue reading

Posted in Congress, Economy, Stupid Republican Tricks | Tagged , , , , | 6 Comments

I hope Larry Summers kills himself

Seriously, Larry the Lame? White House economic adviser Lawrence Summers said the compromise deal on taxes between the administration and congressional Republicans will help remove doubt about the U.S. economic recovery, which faces more challenges because of Europe‚Äôs financial turmoil. … Continue reading

Posted in Economy, Stupid Administration Tricks | Tagged , , , , , , , , | 9 Comments

On the Federal Reserve and stupid, stupid people

With all the banter out about the Federal Reserve and their activities during the credit crisis, it seems like a good time to maybe discuss the fact that the Federal Reserve actually did what it was intended to do. It’s … Continue reading

Posted in Economy, Media Madness | Tagged , , , , , | 4 Comments

We needed FDR; We got Carter

Politics is about perception and, unfortunately the perception of the President is that he’s a weak and willing to do anything to cut a deal. The perception is that he’s willing to compromise any policy for politics. And that’s just … Continue reading

Posted in Stupid Administration Tricks | Tagged , , , , | 2 Comments