Category Archives: Economy

Marketwatch: Obama spending binge never happened

Posted on May 24, 2012 by Darth Chipmunk

Yes, that’s the actual headline on the shameless Obama apologist article at Marketwatch: Why do people think Obama has spent like a drunken sailor? It’s in part because of a fundamental misunderstanding of the federal budget. Alternate headline: Don’t believe … Continue reading →

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Facebook and Investing Sans Reality

Posted on May 24, 2012 by Darth Chipmunk

Yahoo Finance’s Daily Ticker is reporting on what they’re calling the “Facebook IPO Fiasco: Here’s How Small Investors Got Rolled Over.” Facebook’s stock did not “pop” as much as expected on the first day of trading. Investors have come to … Continue reading →

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Europe Driving Off the Cliff

Posted on May 23, 2012 by Darth Chipmunk

Remember when progressives lectured  Americans on the need for the United States to be more like Europe? Good times, good times. From Boris Johnson at The Telegraph on Greece: In the eyes of every politician there is a glassy humiliation, … Continue reading →

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Chart-Fu: Circling the Bowl

Posted on May 17, 2012 by Darth Chipmunk

From James Pethokoukis over at AEI: “Goldman Sachs: The U.S. economy is swirling, swirling towards recession…” H/T Ace of Spades HQ

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Random Thought

Posted on May 16, 2012 by Darth Chipmunk

You know the $2 billion lost by JP Morgan and how it’s such a big deal? California loses that much every 6 days.

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California: Still Stuck on Stupid

Posted on May 15, 2012 by Darth Chipmunk

I snark at flatulent arrogant progressive California on a regular basis. But the latest economic news out of the state is so bad it falls deep into  “You Can’t Make This Stuff Up” territory: The governor, who unveiled his revised … Continue reading →

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Coburn: 2-5 Years to Financial Meltdown

Posted on May 15, 2012 by Darth Chipmunk

The Daily caller is reporting on an interview with Oklahoma Senator Tom Coburn discussing America’s financial situation where he says the federal government is in the “midst of committing murder to our republic” and predicted that the U.S. faces a … Continue reading →

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