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Category Archives: Economy
Who Chooses The Favored and The Failures?
General Motors received a bailout because they were too big to fail. Bankruptcy protection for restructuring was unacceptable. The bondholders were left with nothing. Unions received an ownership percentage. And to date only a small percentage of the “loan” has … Continue reading
Posted in Economy
Tagged Bankruptcy, California, Democrats, Obama, The Narrative
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A Planet In Collapse
Matt Nesto has a video and brief article up over at Yahoo! Finance that sets a dark tone for the short-term future of the world economy: “Around the world, the single narrative of collapse has taken hold,” says Ed Dempsey, … Continue reading
Posted in Economy, Government/Politics, World
Tagged Doom, Entitlements, Govt Health Care, Green Energy, Islam, Obama, Socialism
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California: Falling Apart At The Seams
In 2006, then California Governor Arnold Schwarzenegger signed AB32, “The California Global Warming Solutions Act” into law. IVN.com posts: Successful passage of the law effectively turned the state into one of the most stringent regulators of green house gas emissions … Continue reading
Posted in Economy
Tagged California, Climate Change, Doom, Green Energy
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Chart-Fu: Friday Two-for-One
First up, I’m sure you recognize the Obama Stimulus chart. Let’s see the latest update from AEI: And then there’s the chart comparing the Public and Private sectors, courtesy Heritage.org. Remember the President said the Private Sector is “Doing fine”:
Posted in Economy
Tagged Chart-Fu, Doom, Media Bias, Obama, The Narrative, Unemployment
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Chart-Fu: Welfare Spending
From John Hinderaker at Powerline: The explosion in welfare spending during the Obama administration has, of course, done nothing to reduce the poverty rate. On the contrary. Investors Business Daily editorializes: Consider that almost a half-century ago, President Johnson thought … Continue reading
Time: Romney Obsessed with Economy
The actual headline: Wow. Just wow. We’re in the midst of the worst economic downturn since the Great Depression. That’s not exaggeration. My income is down, my home is upside down, my net worth is much less than it was … Continue reading
Forbes: America’s Best Places to Start a Company
Sometimes, “I told you so” just doesn’t cut it. Look at California: Overall small business friendliness: F Friendliness of licensing regulations: F Friendliness of environmental regulations: D Friendliness of zoning regulations: D Publicity of training programs: C- Publicity of networking … Continue reading
Posted in Economy
Tagged California, Doom
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