There is so much happening so rapidly that the average American has no idea of the state of the country. Few understand that the situation is hopeless, regardless of what government does. Defaults, both private and sovereigns are coming. The laws of mathematics say there is no solution.
Archive for January, 2012
January 11, 2012 09:11
Greek Crisis Has Pharmacists Pleading for Aspirin; Bailout Money Used for Military Spending
The Greek economy is now totally and completely dysfunctional. The government has resorted to price controls on goods to contain costs. However, price controls do nothing but cause shortages. – Mish Shedlock
January 11, 2012 08:48
Unions Get Waivers Favors Bought With Political Cash
From the very start they carved out special exemptions for themselves, showing all the earmarks of political favors in exchange for campaign contributions. The actual skyrocketing costs, reduced choices and lousy service were shoved on the rest of us. – IBD
January 11, 2012 06:31
Obama’s Green Energy Scam
A major part of the transformation is an attempt to defy the laws of economics and have politically-connected campaign donors and Washington central planners decide what kind of energy the country should use. The stimulus was packed with giveaways that allowed dozens of so-called “green” energy projects to sap taxpayer funds to advance Obama’s vision. However,they could only ignore market economics for so long and now the projects are starting to collapse. Who’s left holding the bill? Taxpayers. – AFP
January 11, 2012 06:04
The Myth of Bad Republican Candidates
The idea, I suppose, is that we might as well just re-elect Barack Obama. At least he has four years of golfing, government-growing, and greenback-gobbling experience.
January 11, 2012 05:32
Huntsman voters are Obama supporters
51% of Huntsman voters said they were satisfied with Obama as president. 70% of the Huntsman voters describe themselves as moderate and liberals. Huntsman came in third in liberal New Hampshire. Why isn’t he running in the Democrat race? The epitome of RINO.
January 10, 2012 17:51
Obama reelection, economic collapse top fears
Are they related? Two different surveys show one third of Americans fear an Obama reelection and two thirds fear an economic collapse.
January 10, 2012 16:35
Muslim Brotherhood suckers Hillary – or is she complicit?
The Brothers are masters of duplicity and deception. And it looks like they’ve suckered Clinton and her diplomats. Clinton insists Egypt’s Muslim Brotherhood seeks “democratic reforms” and sees no reason not to engage its newly formed party. Has she read its platform? – IBD
January 10, 2012 14:59
Obama’s Arrogant Tyranny
[O]n the road to a despotic form of governance that has come to characterize his Administration …. Obama has, from early in his Administration, sought to enact a series of proposals through administrative fiat, not the legislative process
January 10, 2012 11:46
Obama trillion dollar failures on jobs and housing
Even with trillions squandered on “stimulus” and housing schemes there is no recovery in sight for housing.
