Economy

US Deficit Panel Recommendations: Cuts, Cuts, Cuts

November 10, 2010

Today, Obama’s fiscal commission released initial proposals to curtail the burgeoning US deficit.  While it’s only a “preliminary report” and there’s no telling what, if anything from it will actually be instituted by the administration and Congress in the coming years, here are some serious game-changing recommendations: What The Deficit Panel Wants to Cut Defense […]

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ATMs that Sell Gold Bars – Beyond Ridiculous

September 27, 2010

Where there’s a will, there’s a way, no matter how stupid the proposition.  I couldn’t help but start running through all the problems this situation is going to create, but according to Reuters you’ll soon see an ATM spitting out gold bars coming to a mall near you.  If this doesn’t spell “Bubble”, I don’t […]

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5 Ways Obama is Wrecking the US Economy

August 24, 2010

I know, I know, you think this is some sort of political rant from a righty wingnut.  No, this is a basic outline of how the administration’s policies have completely obliterated any chance of a meaningful recovery and why we are likely to see sluggish economic activity and double digit unemployment for years to come.  […]

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The Situation with the Euro

August 17, 2010

  Over the past few months the European Union has had to cope with many of the countries that comprise it dealing with debt issues. Greece has been the most covered, with most major cable news channels showing the riots and turmoil that is going on within the country. These riots are due to the […]

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10 Dumbest Uses of Your Tax Dollars in Stimulus Bill

August 3, 2010

A recently released GOP paper on the stupid use of federal stimulus dollars has resulted in the typical dismissal from the administration and the mainstream media as “right wing partisan politics”, but there’s nothing wrong with pointing out the results of this ill-conceived hasty distribution of dollars from our children’s generation to the current one.  […]

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2 Years of Unemployment Insurance – How Much is Too Much?

July 19, 2010

With Congressional wrangling over continued extension of unemployment benefits (now up to almost 2 years at 99 weeks for some cohorts, although the current debate is to extend newer participants), it’s worth exploring where it’s appropriate to draw the line.  There are passionate pro and con arguments and depending on your perspective, you may feel […]

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