Tagged: Economy

Austerity. Fucking. Works. Los Tiempos de Nueva York: Germany has sparred with its European partners over how to respond to the financial crisis, argued with the United States over the benefits of stimulus versus austerity, and defiantly pursued its own vision of how to keep its economy strong. Statistics released Friday will buttress the German […]

Tagged: » »

Comments Off on News Flash for the Terminally Libertarded  » Read the rest

2010-08-12 :: madlibertarianguy // Dumbassery + Economy + TARP
No Data

Elizabeth Warren, chair of a panel designed to oversee TARP fund allocation, on how responsible the Treasury Department has been: The point we make forcefully in this report is that there were no data about where this money was going, no information about where this money was going [. . .] Why is it again […]

Tagged: » » »

Comments Off on No Data  » Read the rest

2010-07-21 :: madlibertarianguy // Dumbassery + Economy + Government + Regulation
Finance Reform Bill Signed

Helene Cooper of The New York Times: The signature achievement — a response to the 2008 financial crisis that fundamentally alters the relationship between Wall Street and the federal officials charged with regulating it — is a culmination of two years of fierce lobbying and intense debate over how to deal with the financial excesses […]

Tagged: » »

Comments Off on Finance Reform Bill Signed  » Read the rest

2010-07-19 :: madlibertarianguy // Dumbassery + Economy + Government
A Typical Federal Winner

We were told by Obama that if only we had more job training, people could get back to work.  Peter S. Goodman via The New York Times: It was February 2009, and the city work force center in Downtown Brooklyn was jammed with hundreds of people hungry for paychecks. His caseworker urged [Israel Valle] to […]

Comments Off on A Typical Federal Winner  » Read the rest

2010-07-14 :: madlibertarianguy // Dumbassery + Economy + Government + Legislation + Regulation
The Next Financial Crisis

I wonder how long until I can use this link?

Tagged: » » »

Comments Off on The Next Financial Crisis  » Read the rest

Dan Balz via The Washington Post: The co-chairs of President Obama’s debt and deficit commission offered an ominous assessment of the nation’s fiscal future here Sunday, calling current budgetary trends a cancer “that will destroy the country from within” unless checked by tough action in Washington. Isn’t it comforting that it only took a specialized […]

Tagged: » » »

Comments Off on WaPo: “Debt commission chiefs give gloomy fiscal outlook”  » Read the rest

2010-07-11 :: madlibertarianguy // Economy + Journalism
A Question

I wonder when media outlets like the Times will exhibit of bit of intellectual honesty and journalistic integrity and stop calling our economic policy deregulated?

Tagged: » »

Comments Off on A Question  » Read the rest

2010-07-08 :: madlibertarianguy // Dumbassery + Economy
Unemployment Benefits = Laziness

Sara Murray via The Wall Street Journal concerning people on the dole turning down good job offers: Management Recruiters of Sacramento, Calif., says it recently had a tough time filling six engineering positions at an Oregon manufacturer paying $60,000 a year—and suspects long-term jobless benefits were part of the hitch. [. . .] Some candidates […]

Tagged: » »

1 comment  » Read the rest

2010-07-01 :: madlibertarianguy // Economy + Journalism + Stimulus
Seriously? Part Dieux

Just when I thought that Paul Krugman couldn’t be any more full of shit, he proves me wrong time and again.  From a recent Opinion column in The New York Times: Around the world — most recently at last weekend’s deeply discouraging G-20 meeting — governments are obsessing about inflation when the real threat is […]

Comments Off on Seriously? Part Dieux  » Read the rest

Great.  Not only are lawmakers “doing something” in an attempt to fix what was messed up the last time they did something, but they’re doing it tense, tired, and trying to make a joke of a serious matter.

Tagged: » »

Comments Off on “They concluded their negotiations along party lines at a little after 5 a.m. ET in a Capitol Hill conference room marked by tension, levity and exhaustion.”  » Read the rest

2010-06-25 :: madlibertarianguy // Economy + Legislation

I’m not saying that some people don’t need some help during down times, but perhaps this news might incentivize going out and finding a job rather than sitting at home even longer by extending unemployment benefits.  Again.  For the third, er, fourth time.

Tagged: » »

Comments Off on Incentive  » Read the rest

2010-06-22 :: madlibertarianguy // Dumbassery + Economy
Po-ta-to or To-mah-to

Some will call it a warning shot across the bow of those eeeeeeeeeeeeeeeeeevil health insurance companies; those with a brain will call it Señor Hopey McChangey playing a pre-emptive game of CYA for what many know is an inevitable “side effect” of Obamacare.

Comments Off on Po-ta-to or To-mah-to  » Read the rest


Tagged: »

Comments Off on MSNBC: May home sales unexpectedly fall 2.2 percent  » Read the rest

Lori Montgomery and Brady Dennis of The Washington Post on the rejection of yet more spending: The Senate effectively rejected a slimmed-down package of jobless benefits and state aid late Thursday, rebuffing President Obama’s call for urgent action to bolster the economic recovery. Sens. Ben Nelson (D-Neb.) and Joseph I. Lieberman (I-Conn.) voted with a […]

Tagged: » » » »

Comments Off on Yet More Evidence of Progressive Failure  » Read the rest

2010-06-14 :: madlibertarianguy // Economy + Environment
I disagree

Deborah Gordon and Daniel Sperling in The Washington Post on why major oil corporations are ill suited to lead us to clean, alternative energy: Big Oil is fundamentally mismatched to the project of developing alternative fuels. The corporate culture and core competence of oil companies favor large, centralized investments; these conglomerates are skilled at building […]

Tagged: » » »

Comments Off on I disagree  » Read the rest

2010-06-09 :: madlibertarianguy // Legislation
We Still No Likey

After a couple of months, we still no likey.  In fact, we no likey even more than when ObamaCare was initially signed in to law.

Tagged: » » »

Comments Off on We Still No Likey  » Read the rest

2010-06-09 :: madlibertarianguy // Economy + Government
Spend More, Grow Less

I have yet to understand how the Demotards justify the idea that in order to get government spending under control, it needs to spend more and put it all on the company credit card. Luca Di Leo via The Wall Street Journal: In several congressional hearings this year, Mr. Bernanke has warned lawmakers that U.S. […]

Tagged: » » » »

Comments Off on Spend More, Grow Less  » Read the rest

2010-06-07 :: madlibertarianguy // Dumbassery + Economy + Government
Incentives Matter

Arthur Laffer via The Wall Street Journal: And it’s also simple enough for most people to understand that if the government taxes people who work and pays people not to work, fewer people will work. Incentives matter.

Tagged: » »

Comments Off on Incentives Matter  » Read the rest

2010-05-22 :: madlibertarianguy // Dumbassery + Economy
Is It Possible?

Is it possible that we might start to actually entertain the truth and stop fucking claiming that the economy is on the mend?

Tagged: » »

Comments Off on Is It Possible?  » Read the rest