Folks,

I just found this article that was published in the February 2011 issue of the Atlantic.

How the Recession Changed Us

Officially, the Great Recession lasted from December 2007 to June 2009. A mere 18 months-about average, as recessions go. Yet if the trauma this time feels deep and lasting, that may be because, as the figures on these pages ( Read more... )

Folks,

At a recent Congressional Black Caucus dinner president Obama told the audience there this little gem:

"The last election was a changing of the guard -- now we need to guard the change."

Classic stuff!

So, he's calling upon the nation to "guard the change" that he and the Democrats on Capitol Hill have inflicted on the nation.

Let's see now....

( Read more... )

Oh shit!

I really - really - hope I get another job before this happens.

China: the coming costs of a superbubble

China may seem to have defied the recession and the laws of economics. It hasn't. When China's bubble bursts, the global impact will be severe, spiking US interest rates.

The world looks at China with envy. China’s economy grew 8.7 ( Read more... )

Folks,

Glad to see this finally coming to the fore...

Click to view

Some days I feel like a ghost ( Read more... )

Folks,

Oh, you gotta luv this one.

Turns out that the overwhelming majority of folks that Obama has brought aboard his administration to run things turn out to have NO PRIVATE SECTOR EXPERIENCE WHATSOEVER!

No wonder then that they're screwing up our economy at record speed!

Help Wanted, No Private Sector Experience Required


( Read more... )

Folks ( Read more... )

Folks,

Peggy Noonan over at the WSJ nails it but good.

We're Governed by Callous Children

Peggy Noonan

Americans feel increasingly disheartened, and our leaders don't even notice.

The new economic statistics put growth at a healthy 3.5% for the third quarter. We should be dancing in the streets. No one is, because no one has any faith in these numbers. ( Read more... )

Folks,

Gee, what a surprise. That big bank bailout of last year? The $700 Billion spent to save our nation's financial system, our nation's automotive industry, our nation's mortgage and credit industries? Yeah, that $700 Billion. According to a Treasury Department watchdog, that money "won't earn taxpayers all their money back and has done ( Read more... )

Folks,

Gee, what a surprise, Obama's "Economic Stimulus Package" has failed. Badly.

First hard stimulus data finds 30,000 jobs saved or created

"The data posted Thursday was the result of the government's initial attempt at counting actual stimulus jobs. Obama administration officials stressed that data was partial -- it represented just $16 billion ( Read more... )