March 28, 2009

Late, but the right decision.

Barely Catholic university decides that hosting an unrepentent, violent, 60's radical perhaps isn't a great idea after all.

Ayers... was due to speak at Boston College on education reform and civic engagement at the invitation of Americans for Informed Democracy and the College Democrats.

Heh - "Informed" Democracy?  How, erm, Orwellian coming from the very wingnuts who are pushing so hard to shut-down talk radio, eh?

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March 27, 2009

Sure, this is tuition money well spent.

Today's morons?  The geniuses who run the nominally Catholic university known as Boston College.

What generates more controversy at nominally Catholic university Boston College: A crucifix in the classroom, or an unrepentant domestic terrorist in a lecture hall?

Based on the media coverage and faculty reaction, it's the crucifix.  Because terrorist William Ayers is speaking at Boston College this Monday, and nobody seems to care.


more...

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March 20, 2009

My economics question for the day...

Joy - here's where I get to show-off what a moron I am.  Oh well, here goes.

I keep hearing/reading about The Dangers of DeflationTM - and that's why we need to prime, prime, prime the pump of the economy.  In theory, I get it - if you know something is going to be cheaper 6-months from now you're not going to buy that something for 6-months, only to put it off again when you realize it will be even cheaper if you wait longer.  For a consumer based economy such as ours, I understand that to be the so-called Death Spiral of prices, wages, jobs, etc.

Like I said, I get that much.
more...

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March 18, 2009

As if by magic...

... Da Fed makes $1,000,000,000,000 appear out of thin air.

Saying that the recession continues to deepen, the U.S. Federal Reserve announced Wednesday that it would pump an extra $1 trillion into the economy by buying mortgage-backed securities and long-term Treasury issues.

Poof!

Wall Street seemed to love this idea.  Swell - I suppose.

Until a pack of gum costs $20, of course.

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March 12, 2009

The way stupid people think about economics

Today's idiot?  Union tool Jane Hamsher of Firedoglake...

...increased wages for working people would mean "increased spending power of lower income consumers," which would mean that even if Wal-Mart was successfully unionized -- a big if -- they could make up the cost of higher wages with an increase in sales.

So, Wal-Mart could maintain their bottom line in an environment of (artifically) inflated labor costs by... raising their prices.  Brilliant.

Yes, there are actually people walking around, evidently completely free of the supervision of others, who believe this stuff.

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March 09, 2009

Well, it's change you can believe in.

So I suppose we can officially say that Dissent is no longer the Highest form of PatriotismTM.

How's about this for some dissent Schaeffer - go fuck yourself.

Welcome to the corner of Pay and Back, libtard.

H/T: Glenn.

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March 05, 2009

You learn something new every day.

For example, I learned today that there are actually people in Gotham who evidently feel that taxes aren't high enough.

Organizers estimate that 50,000 people have lined Broadway with a message to Gov. David Paterson that cuts are not the answer to fixing New York's budget problems.

The protesters are made up of a widespread coalition of labor unions, community groups, and even families uniting to have their voices heard.

So I'm guessing, what 15, maybe 20 people actually missed work to attend this rent-a-mob?

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Well, we all wanted to go back to the Clinton years - right?

Welcome to 1996, folks.

U.S. and European stocks tumbled, driving the Standard & Poor’s 500 Index to the lowest level since 1996...

Looks like the markets closed with the DOW below 6600 and the NASDAQ just a whisker above or below 1300.

Now if we take a trip in the way-back machine, all the way back to September 2006 - you know, right about the first time the Democrats and the media (but I repeat myself) convinced a majority of the electorate of the need for "Change" - those indexes stood at 10679 and 2219, respectively.

So, how you liking this double-shot of "Change"?

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The Age of Plenty, continued.

Awesome.

The Dow Jones industrial average dropped another 200 points today on fresh concerns about banks and about General Motors. In midday trading, the Dow is down 219.11, or 3.19 percent, to 6,656.73, a low not seen since April 1997


Oh, and GM is going to be trading in "penny stock" range soon.  Yep, that was $13,000,000,000 well spent, eh?

Cries of "It's All Bush's Fault!!!" will begin in 5... 4... 3...
more...

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