Economy  (Page 10)

Joe the Ford Buyer

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Posted by  ▪  Friday, September 16, 2011 at 2:46pm 9/16/2011 at 2:46pm

Would anyone consider it “unexpected” if a variety of federal governmental agencies subjected Ford to a regulatory colonoscopy because of this commercial, which has clear political overtones.  Of course, they will not phrase it that way, it will be to “save the environment” or “protect children” or some other pretext.

And the guy...

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“over 66 percent expect that the size of their workforce will either stay the same or decrease over the next year”

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Posted by  ▪  Friday, August 19, 2011 at 12:52pm 8/19/2011 at 12:52pm

Those are the findings of a survey of CEO’s by ChiefExecutive.net (h/t @billhobbs):

Unemployment numbers remain consistently high and CEOs are wary of future business conditions. In fact, chief executives are so pessimistic that over 66 percent expect that...

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If this is “halfway there,” can you imagine what “there” will be?

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Posted by  ▪  Thursday, August 18, 2011 at 10:23am 8/18/2011 at 10:23am

It’s hopeless with the current man at top.

Flickers of job hope quickly fade because there is a cloud hanging over the country’s economy and job growth:

The number of people who applied for unemployment benefits last week rose back
above...

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

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Posted by  ▪  Friday, August 5, 2011 at 9:53am 8/5/2011 at 9:53am

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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Keep this quote handy

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Posted by  ▪  Thursday, August 4, 2011 at 8:44am 8/4/2011 at 8:44am

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...

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Debt Ceiling Tweet of the Day

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Posted by  ▪  Wednesday, August 3, 2011 at 4:44pm 8/3/2011 at 4:44pm

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:

 
 
 

Unexpected Tweet of the Day

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Posted by  ▪  Thursday, June 23, 2011 at 6:51pm 6/23/2011 at 6:51pm

Unexpectedly:

More here.

 
 
 

Our President Really, Truly Does Not Understand The Economy

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Posted by  ▪  Wednesday, June 15, 2011 at 9:09am 6/15/2011 at 9:09am

And they complain that Sarah Palin is “stupid” and unfit to be President? 

Obama recently expressed a view of the economy in which technological innovation is viewed as a threat to jobs:

President Obama explained to NBC News that the reason companies aren’t hiring is not because of his policies, it’s because the...

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Palin Email Frenzy Media Participation Rate falling fast

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Posted by  ▪  Monday, June 13, 2011 at 3:55pm 6/13/2011 at 3:55pm

On Friday the media was in a complete frenzy to get Sarah Palin, enlisting a cast of thousands to scour the 24,000 pages of e-mails released by the State of Alaska.

As just about everyone now acknowledges, the major networks and print newspapers never devoted a fraction of the effort towards important...

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“Yes you can accept free money from the government.”

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Posted by  ▪  Thursday, June 2, 2011 at 12:50pm 6/2/2011 at 12:50pm

Maybe I should start a Gravitas Series, and invite Dr. Rube Goldberg to the opening ceremony.

The most brilliant minds in the world devised the housing double dip, and they didn’t even know it:

Housing’s Double Dip: Is the Government to Blame?

The S&P; Case-Shiller home price data for the first quarter of...

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Obama’s Great Experiment Is Ending Badly

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Posted by  ▪  Wednesday, June 1, 2011 at 12:49pm 6/1/2011 at 12:49pm

The great experiment devised by the most brilliant mind ever to occupy the Oval Office, the massive expansion of government and the piling on of debt and regulations, is not working:

U.S. companies hired far fewer workers than expected in May and output in the manufacturing sector slowed to its lowest level since...

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Now Is Not The Time To Play It Safe

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Posted by  ▪  Sunday, May 29, 2011 at 10:00am 5/29/2011 at 10:00am

Choices will have to be made soon, and chief among them is whether to tackle the debt problem head on and take the political risk, or not.

I don’t see it as much of a risk.  Obama will not be defeated unless front and center is the damage to...

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Unemployment Rate Up To 9%

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Posted by  ▪  Friday, May 6, 2011 at 8:37am 5/6/2011 at 8:37am

In a just released report by the Bureau of Labor Statistics, the unemployment rate increased from 8.8% to 9.0%.

The “unemployment rate” can be somewhat misleading, as I have pointed out in the past, because as more people drop out of the labor market (i.e. give up even looking for work) the...

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Back to Reality

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Posted by  ▪  Monday, May 2, 2011 at 5:00pm 5/2/2011 at 5:00pm

Back to reality.  Osama bin Laden is still dead, and the economy still stinks, Teen joblessness may hit record this summer:

A record-low one in four U.S. teenagers will l...

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Post-Birth Certificate Poll Bounce for Obama?

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Posted by  ▪  Thursday, April 28, 2011 at 9:39am 4/28/2011 at 9:39am

Maybe, just maybe slightly.  But it will not last.  Here’s why:

In the week ending April 23, the advance figure for seasonally adjusted initial claims was 429,000, an increase of 25,000 from the previous week’s revised figure of 404,000. The 4-week moving average was 408,500, an increase of 9,250 from the previous...

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“But how in the world did Mrs. Palin, who is supposed to be so thick, manage to figure all this out so far ahead of the New York Times and all the economists it talked to?”

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Posted by  ▪  Sunday, April 24, 2011 at 2:53pm 4/24/2011 at 2:53pm

Back in November, Sarah Palin delivered a sharp criticism of Fed monetary policy, as reported by The Wall Street Journal:

Sarah Palin, delving into a major policy issue a week after the mid-term elections, took aim Monday at the Federal Reserve and called on Fed chairman Ben Bernanke to “cease and desist”...

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“The safety net for the poor is coming apart at the seams”

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Posted by  ▪  Tuesday, April 5, 2011 at 11:17am 4/5/2011 at 11:17am

That’s the phrase that jumped out at me from Paul Ryan’s op-ed in The Wall Street Journal setting forth the Republican proposal to reform the system of entitlements which is driving us off a debt cliff (emphasis mine):

No one person or party is responsible for the looming crisis. Yet the facts...

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