Archive for January, 2009
Are You in Debt, Hurt by the Economy, or Have You Lost Your Job? Good, Then Buy a New Car and Crush Your Old One.Saturday, January 31, 2009 6:20 Comments Off
I don’t know who “Washington” is (is that a person?), but Washington wants you to buy a car. This is a most unbelievable attempt at socializing the industry even further by subsidizing specific purchases, enriching chosen recipients, and manipulating market pricing to prop up an industry that is entirely unsustainable in its present state. Several [...]
The Bulls at the Bull Rush, CNBC, are excited about a projection for a 3,000 point rally in the 2nd quarter of 2009. It’s so easy to pin the tail on the Dow donkey, and if you hit, you are a prescient genius. If you don’t, people just forget your prophecy and write it off [...]
Is this kind of thing this ghetto science?: Women can stop worrying about pear-shaped figures
Well, the US has another “Czar.” A WMD Czar for “preventing the spread of weapons of mass destruction and terrorism.” Gary Samore (a nonproliferation expert!) is “widely admired in arms control circles as an experienced negotiator and non-ideological pragmatist.”
I guess it’s breaking news to the MSM: “the number of laid-off workers continuing to claim unemployment insurance for the week ending Jan. 17 was a seasonally adjusted 4.78 million, the highest since records began in 1967.”
Not only does College Station have a smoking ban going into effect at midnight on Super Bowl Sunday (talk about planned destruction), but three new “smoking ban enforcers” have been hired at the cost of $165K. Thanks to Sabine Barnhart for the tip.
Looks like a great way to pass time while in line at the Security checkpoint. Thanks to Sheryl Blystone for the link.
This is a few months dated, but it’s heroic! A celebration of the right to self-defense, permit or no permit.
Another staggering Robert Shiller piece in the WSJ: But lost in the economics textbooks, and all but lost in the thousands of pages of the technical economics literature, is this other message of Keynes regarding why the economy fluctuates as much as it does. Animal spirits offer an explanation for why we get into recessions [...]