The Democrats pork laden “stimulus” bill passed the House 244-188… Republicans held the line not one them voted for it. 11 Democrats joined 177 Republicans in voting against it. It’s about time Republicans showed a little testicular fortitude. Now it’s on to the Senate… What are the odds the Republicans there will hold the line?
Economy
Predictions for 2009
Five predictions for 2009: Despite being propped up with billions in taxpayer dollars one of the Big Three US automakers will fold. Barack Obama’s roughly 1 trillion dollar stimulus package will pass with bipartisan support… and will fail to stimulate anything. The economy will sink deeper into recession and crime rates in will rise. Barack […]
My Give a Damn’s Busted
I haven’t been blogging much recently I’ve tied up a couple of projects that have to be finished before the end of the year, and frankly I’m so disgusted, disappointed and disillusioned with the behavior of our elected leaders my give a damn’s busted. It doesn’t matter what we think, they’re just going to keep […]
Common Sense: Fred Thompson on the Economy
Fred Thompson delivers dose of common sense on the economy and our government’s “spend yourself to prosperity plan”.
Fred Smith: Washington Is the Problem
There’s a great interview with FedEX CEO Fred Smith in today’s Wall Street Journal. The interview covers a lot of ground, the economy, taxes, free trade and even John McCain… It’s well worth reading. Fred Smith is in an agitated state. He’s just returned from a Washington Redskins game — played in FedEx field in […]
Poll Question: Who Won The Final Presidential Debate?
[poll id=”9″] Overall I thought this was John McCain’s best debate. Unfortunately, I don’t think it was a game changer. In fact I think the plumber, Joe Wurzelbacher, was the only real winner. A couple of quick points: 1) The Secret Service says they have yet to find anyone who can backup that Scranton ‘Kill […]
Bleak Outlook: Economists See Three Straight Quarters of Economic Contraction
From the Wall Street Journal: The U.S. economy has sunk into a recession and government action is critical to stem the damage, according to economists in the latest Wall Street Journal forecasting survey. On average, the 52 economists surveyed now expect gross domestic product to contract in the third and fourth quarters of this year, […]
100 Economists Warn That Barack Obama’s Tax Proposals Could Throw the US Economy into Recession
I’ve been debating whether to post this all day… Yes, it’s from the McCain campaign but ultimately I think it would be foolish to dismiss the opinion of a group of experienced economists out of hand. Economists Statement On Barack Obama’s Risky Economic Proposals 100 ECONOMISTS WARN THAT WITH CURRENT WEAK FINANCIAL CONDITIONS BARACK OBAMA’S […]
Finally: McCain Blasts Obama, Democrats for Fannie/Freddie Meltdown
Update: Scroll down for the video. It looks like the gloves are really off, John McCain is going to finally start talking about the economy and going after Barack Obama and Democrats for their roll in the failure of Fannie Mae and Freddie Mac. Our current economic crisis is a good case in point. What […]
Recession?
Can we put an end to the recession talk at least for now? The last time I checked a recession was defined as two or more consecutive quarters of negative growth. So far we haven’t had a single quarter of negative growth so all this talk of a recession is, well, premature. Make no mistake […]