Archive for the ‘The Planned Economy’ Category

Bill Gross: “Nationalize Housing”

Saturday, August 21, 2010 18:43 23 Comments

Almost no one can top the insane proclamations of Bill Gross, a certified nut who runs Pacific Investment Management Co (PIMCO) and consistently partners with government in order to assist with the design of government planning schemes that enrich Wall Street firms and guys like him who pull all the levers behind the black curtain. [...]

This was posted under category: The Planned Economy

Obama Says He Saved Us

Friday, August 7, 2009 16:14 1 Comment

He rescued us. “Today, we’re pointed in the right direction,” Obama said in brief remarks in the Rose Garden hours after the report was released. “While we’ve rescued our economy from catastrophe, we’ve also begun to build a new foundation for growth.” Even so, Obama said: “We have a lot further to go. As far [...]

This was posted under category: The Planned Economy Tags: ,

No Cash for Clunkers is an Overwhelming “Success!”

Friday, July 31, 2009 14:55 9 Comments

This morning I reported that the government’s ‘Cash for Clunkers’ program ran out of cash, meaning that people had to keep their clunkers and give up the cash. Congress just voted to refill the ‘Cash for Clunkers’ trough. The Wall Street Journal just reported: The House voted 316-109 to approve the transfer of $2 billion [...]

This was posted under category: The Planned Economy Tags:

No Cash for Clunkers

Thursday, July 30, 2009 22:59 6 Comments

Welcome to Federal Government Micromanagement of the Economy 101. NoThe government’s joke-of-a-program, the “Cash for Clunkers” scam, is over already. Why? The tank ran dry. The so-called “Cash for Clunkers” program will be suspended because the funds set aside for the effort are on the verge of running out, Capitol Hill sources told CNBC. Transportation [...]

This was posted under category: The Planned Economy Tags: