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Monthly Archives: August 2010

Big CEOs Bash Obama…

This week, Intel CEO Paul Otellini and Jim Tisch, CEO of Loews Corp. both blamed the President’s policies for creating an environment of “uncertainty” that is crippling America’s economy. “The Obama administration is “flummoxed by their experiment in Keynesian economics not working,” Otellini said Monday in a speech in Aspen… Obama is destroying the American […]

Ugly Philly Fed and unemployment numbers…

This may well be another lesson in seeing patterns and trends in numbers that don’t necessarily “trend” or trend in the direction you WANT them to trend… http://finance.yahoo.com/news/Stocks-drop-as-jobless-claims-apf-2700438814.html?x=0&sec=topStories&pos=7&asset=&ccode= http://money.cnn.com/2010/08/19/markets/markets_newyork/index.htm Politicians are particularly susceptible to not only trying to divine trends, but also seeing the trends they want to see and then trumpeting them before the […]

Last US combat brigade heads home…

“Attention all terrorists…. Iraq is now yours….” Obama announces last combat troops withdrawn… Let the bloodbath begin!

The unprecedented confiscation of your retirement…

As described in this Bloomberg article, the U.S. Department of the Treasury is now officially looking at ways to force a portion of every 401k/IRA account—or some other as-yet-nonexistent, government-mandated employee benefit account—into “fixed payment annuities”, which in plain English, means that most of the money would be channeled into long-term Treasury bonds…. http://seekingalpha.com/article/181840-retirement-accounts-and-treasury-bonds-america-s-unprecedented-money-and-power-grab http://www.businessweek.com/investor/content/jan2010/pi2010018_130737.htm […]

People still clueless about energy savings…

People turn off lights in vain, ignoring real efficiencies… http://wattsupwiththat.com/2010/08/17/survey-says-many-are-still-clueless-on-how-to-save-energy/

“Hockey Stick” proxy reconstruction was a sham…

“There is a new and important study on temperature proxy reconstructions (McShane and Wyner 2010) submitted into the Annals of Applied Statistics and is listed to be published in the next issue. According to Steve McIntyre, this is one of the “top statistical journals”. This paper is a direct and serious rebuttal to the proxy […]

More blood, more death…

Again, the death toll mounts in Iraq because Our Dear Leader, Barack Obama, insisted on appeasing his liberal base by withdrawing troops from “Bush’s War.” Lessens the fatalities for our boys … and plunges Iraq into a bloodbath. The drawdown has been deep enough that now I’m afraid the United States will have no significant […]

Obama says “Don’t give in to fear”…

Hang on… wasn’t it Obama who was sowing fear when he claimed we were headed to a second Great Depression if we didn’t give him cart blanche with health care, financial reform, stimulus packages, higher taxes, etc etc? Isn’t it Obama who claims personal account choice will “destroy” the Social Security system? Fear-mongering among retirees […]

Beck: This Is Recovery Summer?

Obama’s claim that the worst is over flies in the face of economic reality. He lied to gain your vote in the general election of 2008 and he’s still lying to keep the support of his loyal sheep … http://video.foxnews.com/v/4309812/beck-this-is-recovery-summer When the people of the Weimar Republic lost hope, it became a free-for-all. Both the […]

Glenn Beck: Washington is addicted to spending…

Government has no common sense when it comes to spending. Instead of curtailing it’s own excessive borrowing and spending, the federal government is hijacking the state budgets to make up for its own expansion… AND we are soon entering a world of hyperinflation based on funny money and debt obligations… http://video.foxnews.com/v/4308740/beck-washington-is-addicted-to-spending Our Dear Leader doesn’t […]