Mort Zuckerman, hardly known as a Republican sympathizer, has produced a devastating report on Why the Jobs Situation Is Worse Than It Looks. In the report, he states: We now have more idle men and women than at any time since the Great Depression. The Great Recession has now earned the dubious right of being compared [...]
Archives for June, 2011
Doug Bandow on Will Atlas Shrug?
I was pleased to be quoted by Doug Bandow at American Spectator. Here is his reference piece: Will Atlas Shrug? By Doug Bandow on 6.25.11 @ 8:04AM The financial collapse of 2008 and ensuing tsunami of bail-outs led to a surge in sales of Ayn Rand’s books. Many of her acolytes asked: Is Atlas about to [...]
Not Good News
The first six links from the center column on the DrudgeReport as of Sunday around 5:00 PM EST. And so it begins, or continues depending upon the article. The last one is positive because it prevents or at least defers additional damage from being inflicted on the country. PANDEMONIUM IN PEORIA: MOB YELLS ‘KILL ALL [...]
Tavakoli on American Economy
Third World America: Drowning In Debt And Choking On Lies by Janet Tavakoli Janet Tavakoli is the president of Tavakoli Structured Finance. If a drunk driver crashed his speeding rental car crashed into your house and killed your spouse, you would be outraged if law enforcers took bribes and refused to give the driver a [...]
Government Idiocy
The idiocy that is government and its functionaries knows no bounds. Here is a report from American Thinker on the latest from Turbo Timmy Geithner, Idiot Treasury Secretary: Geithner: Taxes on ‘Small Business’ Must Rise So Government Doesn’t ‘Shrink’ Hugh de Payns I struggle trying to figure out how ostensibly intelligent people can say and [...]
In Defense of Ayn Rand
My recent post regarding Atlas Shrugging produced a well-written comment from reader Michael Brown (website here). Mr. Brown is an obvious Ayn Rand supporter (as am I mostly) and presents some interesting perspective on Ms. Rand. For those Rand supporter or bashers, these comments are reproduced: Contrary to so much of the disinformation out there [...]
What Housing Recovery?
Some good information, but not good news, on housing from reader NII: EVIDENCE THE HOUSING RECOVERY HAS NOT STARTED. NII COMMENT: Home sales languish near 2009 lows despite government agencies subsidizing interest rates and down payments. The below 3 graphs show these conditions clearly. I only show these graphs from time to time as a [...]
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