Saturday, June 25, 2011

Forecasts for Growth Drop, Some Sharply

Forecasts for Growth Drop, Some Sharply - CNBC
"Macroeconomic Advisers, a research firm, projected 3.5 percent growth back in April and is now down to just 2.1 percent for this quarter."

Five Reasons Why I Believe Texas Governor Rick Perry Will Be Our President In 2013

Five Reasons Why I Believe Texas Governor Rick Perry Will Be Our President In 2013 - FoxNews.com
"Recently Governor Perry allowed his Labrador Retriever to accompany him on his daily six mile jog.
While on his run, he and his pet were accosted by a menacing coyote.
After remaining still and waiting to see what the wild coyote would do, the governor pulled out a .380 Ruger and shot the coyote dead when it become apparent the coyote was after his pup.

When he returned to the governor's office he was queried about his 'heartless' actions towards 'innocent' animals.
After answering more than one question on the matter, and in a mildly exasperated manner he replied, 'Don't go after my dog!'
In other words while the press was confused about his value system, he saw it in very simple terms."

Thursday, June 23, 2011

Michigan Fresh Produce

New Jersey Government Workers’ Union Sues State Over Pension Contributions

New Jersey Government Workers’ Union Sues State Over Pension Contributions - Bloomberg
"Christie’s proposal, which would also raise the retirement age to 65 from 62 and freeze cost-of-living adjustments, is scheduled to go before the Assembly tomorrow."

They'll use every method they can to steal our money.
Stop them now!

Follow the money: Bailout tracker

Follow the money: Bailout tracker - CNNMoney.com
"CNNMoney.com's bailout tracker
The government is engaged in a far-reaching - and expensive - effort to rescue the economy.
Here's how you can keep tabs on the bailouts."

Was Fast And Furious A Gun-Control Plot?

Editorial: Was Fast And Furious A Gun-Control Plot? - Investors.com
"If 'Operation Fast and Furious' was merely a botched attempt at law enforcement, why was a supervisor of the operation, David Voth, 'jovial, if not, not giddy but just delighted about' marked guns showing up at crime scenes in Mexico"

Answer the question, Mr. President!

Just two weeks before QE2 ends, Russia becomes third major country to announce it will dump U.S. Treasury holdings

Just two weeks before QE2 ends, Russia becomes third major country to announce it will dump U.S. Treasury holdings « The Greenroom

The 32 Percent Teacher Pay Hikes at Birmingham Schools

The 32 Percent Teacher Pay Hikes at Birmingham Schools [Michigan Capitol Confidential]
"In the most recent union contract, Birmingham teachers have assumed 70 percent of the increased costs of health insurance, and had incurred 60 percent of the cost in the previous contract,” they wrote in the Op-Ed."

In other words, we paid the other 30%.
They got another raise!

Medicare Trustees Confirm Democrats' Medicare Plan Would Result in 'Actual' 17% Medicare Cut

Blog: Medicare Trustees Confirm Democrats' Medicare Plan Would Result in 'Actual' 17% Medicare Cut: "In testimony before the House Ways and Means Committee today, two Medicare Trustess, Drs. Charles Blahous and Robert Reischauer, confirmed that based on our current path in 2024 there would be 'actual' cuts to Medicare at 17%.
They also confirmed that Medicare would end itself by 2024 unless actions are taken to save the program."

This is built into the current democrat plan.
Stop the lies!

ACLU | The biggest schoolyard bully of them all: The ACLU

ACLU The biggest schoolyard bully of them all: The ACLU The Daily Caller
"Meanwhile, in New Jersey, as part of its ongoing crusade for sexual anarchy, the ACLU sent a letter threatening Sussex Technical High School over its recommendation that boys wear a pair of slacks with a dark tie under their graduation gowns, and for girls to wear a dress and comfortable shoes.
Right on cue, the ACLU demanded that the school change its “discriminatory” recommendations, claiming that the policy violates New Jersey’s anti-discrimination laws.
According to the ACLU, a school “may not (even) prohibit male students from wearing a skirt or dress to the graduation ceremony.”
In the words of the school’s principal, Anthony Macerino, “You have to pick your battles.”
So, the school has caved and adopted a new recommendation — students should merely wear “appropriate and suitable” attire.
Now, there’s a nebulous standard in this age of RuPaul, Anthony Weiner and Lady Gaga."

Wednesday, June 22, 2011

Study-$1400 Tax Hike Needed to Fund US Pensions

Taxes: Study-$1400 Tax Hike Needed to Fund US Pensions - CNBC
"U.S. state and local governments will need to raise taxes by $1,398 per household every year for the next 30 years if they are to fully fund their pension systems, a study released on Wednesday said."

Post office suspends retirement contributions

Post office suspends retirement contributions
"The financially troubled Postal Service is suspending its employer contribution to the Federal Employee Retirement System."

Michigan Redistricting: Official Republican State Senate Map Released

RightMichigan.com Michigan Redistricting: Official Republican State Senate Map Released
"Michigan Redistricting: Official Republican State Senate Map Released"

Texas Turns Off Lights on Federal Lightbulb Ban

CARPE DIEM: Texas Turns Off Lights on Federal Lightbulb Ban
"lets any incandescent light bulb manufactured in Texas - and sold in that state - avoid the authority of the federal government or the repeal of the 2007 energy independence act that starts phasing out some incandescent light bulbs next year.'"

I KEEP WARNING PEOPLE NOT TO PICK ON BLOGGERS

Instapundit » Blog Archive » I KEEP WARNING PEOPLE NOT TO PICK ON BLOGGERS

Is Newspaper Coverage of Economic Events Politically Biased?

Is Newspaper Coverage of Economic Events Politically Biased? by John Lott, Kevin Hassett :: SSRN: "Accusations of political bias in the media are often made by members of both political parties, yet there have been few systematic studies of such bias to date.
This paper develops an econometric technique to test for political bias in news reports that controls for the underlying character of the news reported.
Our results suggest that American newspapers tend to give more positive news coverage to the same economic news when Democrats are in the Presidency than for Republicans."

Medicaid for the middle class?

AP Exclusive: Medicaid for the middle class? - Yahoo! News
"The Medicare actuary's office roughed out some examples to illustrate how the provision would work.
A married couple retiring at 62 in 2014 and receiving the maximum Social Security benefit of $23,500 apiece could get $17,000 from other sources and still qualify for Medicaid with a total income of $64,000."

Governerd’s Bill 411: How Michigan Taxpayers Really Pay For DRIC

Governerd’s Bill 411: How Michigan Taxpayers Really Pay For DRIC Windsor Square

Tuesday, June 21, 2011

Extreme Low Pass

Good News: Black unemployment at 16%

theblogprof: Good News: Black unemployment at 16%

GE's Finest Gun

GE's Finest Gun

FDA issues graphic cigarette labels

My Way News - APNewsBreak: FDA issues graphic cigarette labels

Collect the whole set!

The Law School Bubble

The Law School Bubble

Why the Jobs Situation Is Worse Than It Looks

Why the Jobs Situation Is Worse Than It Looks - US News and World Report
"The Great Recession has now earned the dubious right of being compared to the Great Depression.
In the face of the most stimulative fiscal and monetary policies in our history, we have experienced the loss of over 7 million jobs, wiping out every job gained since the year 2000."

State Taxpayers May Eat $1.6 Million Loan for Defunct Green Bus Company

State Taxpayers May Eat $1.6 Million Loan for Defunct Green Bus Company [Michigan Capitol Confidential]
"In September of 2009, Fisher Coachworks was mentioned in a press release from Gov. Jennifer Granholm as a “green technology” company that was part of the “new energy economy for Michigan.”
Two years later, the state says Fisher Coachworks is out of business and the state has to write off $1.6 million it loaned the electric bus manufacturing company."

"Green" is the new "red" in more ways than one.

Michigan gets $3.3 million to fight food-stamp fraud and abuse, Sen. Debbie Stabenow says

Michigan gets $3.3 million to fight food-stamp fraud and abuse, Sen. Debbie Stabenow says MLive.com: "U.S. Sen. Debbie Stabenow said this morning that Michigan has been awarded $3.3 million to fight fraud and abuse in the food-assistance program."

What a country!
The bigger the iddiot, the more moolah they get.

What Is The Q-Ratio?

What Is The Q-Ratio?
"What Is The Q-Ratio, And Why Do People Think It's Predicting A Market Crash?"

Obama Backs EPA War on Coal, While Networks Ignore Harm to Industry

Obama Backs EPA War on Coal, While Networks Ignore Harm to Industry NewsBusters.org
"According to Paul Bedard's June 8 Washington Whispers column in US News & World Report, 'two new EPA pollution regulations will slam the coal industry so hard that hundreds of thousands of jobs will be lost, and electric rates will skyrocket 11 percent to over 23 percent, according to a new study based on government data.'

The Hill reported that the EPA is attempting to 'impose new regulations aimed at limiting greenhouse gas emissions and air pollutants including mercury and arsenic.'"