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How bad must it be when banks don’t want your money

Posted by  ▪  August 5, 2011
This is a very curious development, via The Wall Street Journal: Bank of New York Mellon Corp. on Thursday took the extraordinary step of telling large clients it will charge them to hold cash. The unusual move means some U.S. depositors will have to pay to keep big chunks of money in a bank,…
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Nonsense

Posted by  ▪  August 5, 2011
I told you this was coming. From Reuters via Yahoo, in explaining why the new unemployment numbers, while better than “expected,” still were not great: A stand-off between Democrats and Republicans over raising the country’s debt ceiling poisoned the atmosphere for employers and consumers.
 

It started in Chicago

Posted by  ▪  August 5, 2011
It seems like only yesterday, but it was February 2009, as the first trillion dollar Stimulus plan was pending. It could have been yesterday.
 

Coexistence is futile

Posted by  ▪  August 5, 2011
That’s the subject line on the e-mail from reader and commenter “K” who send the following photo and message: The sight of a Coexistence bumper sticker in the company of other stickers that contradict the presumed coexistence message is so typical that I hardly give it more than a chuckle any more. …
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Hope

Posted by  ▪  August 4, 2011
I didn’t do so good on the midterm, but there’s always the final and class participation. B. Obama
 

Obama needs to get his crazy up

Posted by  ▪  August 4, 2011
… according to Jonathan Capehart at WaPo: In the coming fights over the next budget, unemployment benefits and payroll tax cuts, I want Obama to show the Republican Party in general and the Tea Party in particular that he isn’t afraid to out-crazy the crazies. If that means vetoing bills, taking the fight…
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The bus tour cannot escape Obama’s Catch-2012

Posted by  ▪  August 4, 2011
In light of Obama’s “Putting Americans back to work” campaign theme and bus tour, it is worth revisiting Obama’s Catch-2012: The only way for Obama to stimulate the enormous private sector job growth needed to ensure Obama’s reelection is for Obama to announce he is not running for reelection, which would unle…
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Wisconsin public sector union cash drain begins

Posted by  ▪  August 4, 2011
This was what they feared, the day when they would have to convince public sector union members to kick in union dues voluntarily and separate from payroll deduction. While it is too early to say how successfu the unions will be, early signs are that there will be a cash drain, as…
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Something I would like Rick Perry to do

Posted by  ▪  August 4, 2011
The Washington Post has a lengthy feature piece on Rick Perry’s attempt to reform state-funded higher education in Texas, Rick Perry wages an assault on state’s university establishment. The article clearly was intended to portray Perry as meddling in academic freedom by suggesting cost and performance analyses simliar to the push to inject…
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All your money are belong to him

Posted by  ▪  August 4, 2011
Taxpayers are footing the bill for Obama’s bus tour of battleground states in the MidWest because Obama  is claiming it is official business and not a campaign tour (via Drudge via CNS). So not only all your thoughts, but all your money are belong to him.
 

Keep this quote handy

Posted by  ▪  August 4, 2011
Because you are going to see an attempt by Team Obama and its friends in the media to blame the sluggish economy and paltry job growth on the Republican refusal to give Obama a clean debt ceiling increase. And it already has started, with Paul Krugman claiming the debt deal will slow…
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Turkey slide

Posted by  ▪  August 4, 2011
Among the stories I neglected because of the focus on the debt ceiling debate is the continuing slide of Turkey, once a secular pro-Western country which also maintained good relations with Israel. As I have noted since January 2009, Turkish Prime Minister Recep Tayyip Erdogan has been slowly destroying Turkey’s secular foundation,…
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The solution to this problem may not be …

Posted by  ▪  August 4, 2011
what the car owner thinks. Spotted in my neighborhood in Rhode Island: (Bonus question: What is the sticker covered over?)
 

Obama: I’m not even halfway done

Posted by  ▪  August 3, 2011
From Obama’s Birthday fundraising bash in Chicago tonight, via RCP (h/t @Allahpundit)(emphasis mine): “It’s been a long, tough journey. But we have made some incredible strides together. Yes, we have. But the thing that we all ought to remember is that as much as good as we have done, precisely because the…
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Debt Ceiling Tweet of the Day

Posted by  ▪  August 3, 2011
An article titled With Debt Deal in Hand, When Does Geithner Quit? prompted this response from self-described liberal Prof. Dan Kennedy of Northeastern Univ. in Boston:
 

Hannity Endorses Orrin Hatch

Posted by  ▪  August 3, 2011
I find this interesting, considering that Hatch is facing a likely challenge from Jason Chaffetz, who is gaining in the polls. I like Hatch, although I’ll readily admit I have followed him mostly as relates to judicial appointments, where he fought the good fight on Clarence Thomas, John Roberts and Samuel Alito,…
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Wisconsin, next week is Recall Week

Posted by  ▪  August 3, 2011
On August 9 the key recall elections against six Republican State Senators will take place. I have not focused enough on this lately, with the all consuming debt ceiling fight taking time.  But Wisconsin is critically important. Before I forget, you can donate to help defend the recalls at Frontline Wisconsin. Here are some links…
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