Posted tagged ‘economy’

Mort baby, what were you thinking?

July 15, 2009

On this Bastille Day of all days, Mort Zuckerman had a piece printed in the Wall St. Journal that sounds way too much like real truth-telling:
        The Economy is Even Worse Than You Think!

He starts with the fact that the length of time the average person is unemployed is now longer than it has ever been, since measurements began in 1945, and he goes on to chronicle a laundry list of bad economic news items that have received little notice from Obama’s cheerleaders in the press corps and the TV nightly news programs.

Unfortunately, Mort takes a very different lesson from all of these carefully researched facts than I do. Mort thinks we need “STIMULUS PACKAGE II – THE RETURN OF THE WISE AND NOBLE CONGRESS!” (more…)

Obama, the Smart Shopper!

April 22, 2009

Although various politicians have denigrated the citizens
who actively participated in the April 15th “Tea Party” protests
as fringe elements or an “unhinged mob”, the majority of
Americans supported the protests
, while the mainstream media
outlets gave it sparse notice, and were often quite disparaging.


Not surprisingly, President Obama took notice, and in his first
full cabinet meeting, he announced that the government agencies and
departments were going to cut $100 million dollars in government
spending (from the $4 trillion planned for this year!!).

Here’s another way to look at it. If you had 40,000 piles of money,
each with enough hundred and thousand dollar bills to make a
pile of $100 million dollars, you would be looking at $4 trillion dollars
(and you could proudly say to everyone – put it on my tab!!!). (more…)