Time for special investigations! Obama is wanting to spend $30,000 of *gasp* his money to buy a ring for his lady. This is an impeachment level crime. Doesn’t the President-elect know that the party is supposed to buy this stuff? Just ask Sarah Palin and the RNC.
Bob caught Chuck Todd saying this today: “You guys [Team Obama] own the economy at 12 o’clock eastern time today, correct? When Senator Obama announces his Treasury Secretary, announces the Larry Summers position. It is now Barack Obama’s responsibility on the economy, is that not correct?” So the Constitution says “the President shall take office […]
What a nice piece in the Wall Street Journal. Here is Home Depot cofounder and former CEO, Bernice Marcus has to say: But in the class war, as in the real deal, there are always ways of motivating the yellow. “If a retailer has not gotten involved with this, if he has not spent money […]
The economic hits keep on coming: Retail sales plunged by the largest amount on record in October as the financial crisis and the slumping economy caused consumers to sharply cut back on their spending. The Commerce Department said Friday that retail sales fell by 2.8 percent last month, surpassing the old mark of a 2.65 […]
And to think that everyone was bitching about the $700 billion bailout: The Federal Reserve is refusing to identify the recipients of almost $2 trillion of emergency loans from American taxpayers or the troubled assets the central bank is accepting as collateral. Fed Chairman Ben S. Bernanke and Treasury Secretary Henry Paulson said in September […]
Rupert Murdoch is starting to lose a lot of money and now they have had to slash their outlook. I guess the news last week the Countdown and Rachael Maddow didn’t help them out much either.
Deuteronomy 5:8, which some people that call themselves Christian might want to refer to: Did you know that some Christian dingbat has dubbed today the “Day of Prayer for the World’s Economies?” Well here they are, at the Wall Street bull statue thing, praying to Jesus for money. The dingbat has explained, “We are going […]
Last night all the talk was about some “big news” coming from the McCain campaign this morning. Here is what Jonathan Martin said: McCain camp making news in the morning On what, they won’t say. “We’ll have something to talk about,” is all a campaign aide would allow. Check back again in this space or […]
The Republicans have been planning all along to use this bailout as an issue against Democrats, despite the fact that it is a bill by a Republican administration. They were so intent on using it that the RNC already had made attack ads and sent them to key states: The Republican National Committee’s new advertisement […]
That’s exactly what the fed is doing, and was doing before the bailout bill even hit the floor of the House: The Federal Reserve will pump an additional $630 billion into the global financial system, flooding banks with cash to alleviate the worst banking crisis since the Great Depression. The Fed increased its existing currency […]