Friday, July 20, 2012
Ten Pieces of Bad Economic News the Media's Ignoring
Ten Pieces of Bad Economic News the Media's Ignoring
1. Weekly jobless claims shot up to 386,000.
2. Foreclosures are hitting our most vulnerable citizens.
3. Factory activity contracted for a second month in a row.
4. Home sales dropped a whopping 5.4% -- the biggest drop in nine months.
5. Retail sales dropped for the third straight month.
6. Consumer confidence dipped to 84.7.
7. U.S. business inventories increased by .3%...
8. …sales dropped .1%.
9. Food prices are skyrocketing.
10. More Americans are getting federal disability than jobs.
1. Weekly jobless claims shot up to 386,000.
2. Foreclosures are hitting our most vulnerable citizens.
3. Factory activity contracted for a second month in a row.
4. Home sales dropped a whopping 5.4% -- the biggest drop in nine months.
5. Retail sales dropped for the third straight month.
6. Consumer confidence dipped to 84.7.
7. U.S. business inventories increased by .3%...
8. …sales dropped .1%.
9. Food prices are skyrocketing.
10. More Americans are getting federal disability than jobs.
Thursday, July 19, 2012
Five Men Agree To Stand Directly Under An Exploding Nuclear Bomb
Five Men Agree To Stand Directly Under An Exploding Nuclear Bomb : Krulwich Wonders... : NPR
There is a countdown; 18,500 feet above them, the missile is detonated and blows up.
Which means, these men intentionally stood directly underneath an exploding 2-kiloton nuclear bomb. One of them, at the key moment (he's wearing sunglasses), looks up.
You have to see this to believe it.
There is a countdown; 18,500 feet above them, the missile is detonated and blows up.
Which means, these men intentionally stood directly underneath an exploding 2-kiloton nuclear bomb. One of them, at the key moment (he's wearing sunglasses), looks up.
You have to see this to believe it.
Irish Examiner USA: Americans' Ignorance About Socialism Is Unbelievable
Irish Examiner USA: Americans' Ignorance About Socialism Is Unbelievable
Socialism has never worked but it is easy to sell to those who refuse to study history which is why progressives use academia as their base of operations.
I'm willing to bet that "Animal Farm" and "1984" are no longer recommended reading in today's high schools.
Big Brother is only a TV reality show to many of the young today who regard socialism and big government as a good thing because that's how the mainstream media presents it.
Socialism has never worked but it is easy to sell to those who refuse to study history which is why progressives use academia as their base of operations.
I'm willing to bet that "Animal Farm" and "1984" are no longer recommended reading in today's high schools.
Big Brother is only a TV reality show to many of the young today who regard socialism and big government as a good thing because that's how the mainstream media presents it.
Wednesday, July 18, 2012
For the First Time, Canadians Now Richer Than Americans
For the First Time, Canadians Now Richer Than Americans - US News and World Report
The average Canadian household is worth about $40,000 more than their American counterparts
The average Canadian household is worth about $40,000 more than their American counterparts
The Squeaky Wheel Gets the Grease
PJ Media » The Squeaky Wheel Gets the Grease
Soon, society divided into two parts:
1) The problem solvers and innovators.
2) The whiners, who would keep saying the first group’s output wasn’t good enough.
Soon, society divided into two parts:
1) The problem solvers and innovators.
2) The whiners, who would keep saying the first group’s output wasn’t good enough.
California Pension Takes Nosedive
California Pension Takes Nosedive | Via Meadia
Worse, the fund’s actuary recommended a lower target, but the fund rejected it — not because the current number is accurate, but because using a more accurate rate of return would place too great a burden on struggling governments!
Instead, they will close their eyes, clap their hands, and wait for Tinkerbelle to balance the books.
Worse, the fund’s actuary recommended a lower target, but the fund rejected it — not because the current number is accurate, but because using a more accurate rate of return would place too great a burden on struggling governments!
Instead, they will close their eyes, clap their hands, and wait for Tinkerbelle to balance the books.
Dismantling of a culture
Dismantling of a Culture - Interview - National Review Online
GELERNTER: American culture had its throat slit and bled to death at our feet.
Isn’t that revolutionary enough?
The blood is only metaphorical, but to the 40 percent of [all] infants [who are] born to single mothers this year, the consequences will be real.
In a piddling few decades, the world’s most powerful, influential cultural establishment happened to get demolished and rebuilt from the ground up.
What had been basically a Christian, patriotic, family-loving, politically moderate part of society became contemptuous of biblical religion, of patriotism, of the family, of American greatness.
The American cultural elite used to resemble (more or less) the rest of America.
Today it disdains the rest of America.
That’s a revolution.
GELERNTER: American culture had its throat slit and bled to death at our feet.
Isn’t that revolutionary enough?
The blood is only metaphorical, but to the 40 percent of [all] infants [who are] born to single mothers this year, the consequences will be real.
In a piddling few decades, the world’s most powerful, influential cultural establishment happened to get demolished and rebuilt from the ground up.
What had been basically a Christian, patriotic, family-loving, politically moderate part of society became contemptuous of biblical religion, of patriotism, of the family, of American greatness.
The American cultural elite used to resemble (more or less) the rest of America.
Today it disdains the rest of America.
That’s a revolution.
City of Compton may declare bankruptcy by September: officials
City of Compton may declare bankruptcy by September: officials - Yahoo! News
The City of Compton, a city of 93,000 people located on the outskirts of Los Angeles, must decide by September 1 whether to seek bankruptcy, according to its two most senior financial officials.
The City of Compton, a city of 93,000 people located on the outskirts of Los Angeles, must decide by September 1 whether to seek bankruptcy, according to its two most senior financial officials.
Americans Joining Disability Now Outpacing Americans Finding Jobs
Americans Joining Disability Now Outpacing Americans Finding Jobs | The Weekly Standard
As the chart shows, between April-June 2012, an estimated 246,000 Americans were added to Social Security's disability insurance program. In that same time period, only 225,000 American jobs were created.
As the chart shows, between April-June 2012, an estimated 246,000 Americans were added to Social Security's disability insurance program. In that same time period, only 225,000 American jobs were created.
Tuesday, July 17, 2012
How the Democratic Media Spin the News
How the Democratic Media Spin the News | Power Line
He said that Obama’s comments show three related things:
1) The President doesn’t understand how America and business work. No wonder his administration has failed to create jobs.
2) Obama’s crony capitalism: he thinks the way to create jobs is for the government to pick winners and losers, and slide money to Obama’s bundlers and allies.
3) Obama’s attitude toward small business also reflects where he comes from, the “murky political world” of Chicago where politicians and felons are interchangeable.
He said that Obama’s comments show three related things:
1) The President doesn’t understand how America and business work. No wonder his administration has failed to create jobs.
2) Obama’s crony capitalism: he thinks the way to create jobs is for the government to pick winners and losers, and slide money to Obama’s bundlers and allies.
3) Obama’s attitude toward small business also reflects where he comes from, the “murky political world” of Chicago where politicians and felons are interchangeable.
Democrats say they're worried Gov. Snyder's school funding ideas sound too much like vouchers
Democrats say they're worried Gov. Snyder's school funding ideas sound too much like vouchers | MLive.com
Democrats say they’re concerned that the team starting discussions on overhauling school funding is looking at ways to bring a voucher-like system to the state, but they’re open to seeing what the panel comes up with – and who is asked to assist.
Leaders of a Lansing foundation overseeing the plan say they’re looking to write a bill that would allow money to more closely follow children and offer families more educational choices.
Democrats say they’re concerned that the team starting discussions on overhauling school funding is looking at ways to bring a voucher-like system to the state, but they’re open to seeing what the panel comes up with – and who is asked to assist.
Leaders of a Lansing foundation overseeing the plan say they’re looking to write a bill that would allow money to more closely follow children and offer families more educational choices.
Smart meters: State mulls health, privacy risks of new electricity meters being installed at Michigan homes
Smart meters: State mulls health, privacy risks of new electricity meters being installed at Michigan homes | MLive.com
The Michigan Public Service Commission recently released a staff report that generally supported smart meter deployment but recommended utilities allow customers to opt out of using the new technology.
The Michigan Public Service Commission recently released a staff report that generally supported smart meter deployment but recommended utilities allow customers to opt out of using the new technology.
Media Fail: Chevy Volt Makes NO Money, Costs Taxpayers Hundreds of Thousands of Dollars Per Car
Media Fail: Chevy Volt Makes NO Money, Costs Taxpayers Hundreds of Thousands of Dollars Per Car | NewsBusters.org
And with GM’s new 60-day return policy, it looks like you can buy a Volt and cash the $7,500 bribe check.
Then return the Volt - and keep the $7,500 bribe cash.
How’s that for Taxpayer coin stewardship?
And with GM’s new 60-day return policy, it looks like you can buy a Volt and cash the $7,500 bribe check.
Then return the Volt - and keep the $7,500 bribe cash.
How’s that for Taxpayer coin stewardship?
How Close Are We to New Great Depression?
How Close Are We to New Great Depression? - Business News - CNBC
“If this credit bubble pops, the depression could be so severe that I don’t think our civilization could survive it.”
“If this credit bubble pops, the depression could be so severe that I don’t think our civilization could survive it.”
Subscribe to:
Comments (Atom)