An interview with Sean Hannity. Boy that will really get to the issues. For a little entertainment, let’s watch Sean get his ass handed to him and even try to say that Bush had to fix a recession inherited from Clinton and Gore (yeah I had to do a double take on that one).
So you thought John McCain was done with Phil Gramm? Well you were wrong: After Sen. John McCain publicly repudiated his close friend and adviser Phil Gramm’s comments about a “nation of whiners” and a “mental recession,” the two old political comrades patched up their relationship. Gramm apologized to McCain for his remarks that gave […]
When you complain about paying $4.00+ a gallon for gas and can’t afford health care, food, the mortgage or vacations, you are being “mental” and “whining”. That according to McCain’s economic guru, and one of the key players in this mortgage crisis (as well as husband of someone closely tied to the Enron scandal), Phil […]
Another sure sign of the recession. This is the highest rate in 5 years. Something interesting I just saw. I had on Morning Joe and he was talking to Erin Burnett of CNBC. They were trying the usual “sugar coating” of the economy when Burnett was handed a piece of paper. She looked at it […]
This is a man who can take whatever the Republicans want to throw at him: “We are not standing on the brink of recession because of forces beyond our control,” Obama told a town hall forum in Austin. “This was not an inevitable part of the business cycle. It was a failure of leadership in […]
We are now hearing that gas prices could reach the $4 a gallon mark this spring. The Euro has also gone up to $1.50 against the dollar. All this a day after Bush says that we are not in a recession, but rather a “slowdown”. Don’t you feel better now?
17,000 jobs lost in January. Wow: The economy lost 17,000 jobs in January, the Labor Department reported on Friday, an unexpected decline that marks the most striking evidence yet that the United States may be slipping into a recession. But don’t let that bad news get you down. Exxon has set another record profit year: […]
We look down under to Australia where it’s Tuesday morning: The All Ordinaries index dropped 192 points, or 3.4 per cent, in response to big falls on European exchanges overnight. Yup tomorrow in America is going to be very interesting. UPDATE Here is how the BBC is reporting the news: Global stock indexes, including the […]
With the news of global markets sinking today, expect our stock market to go down when it re-opens from the holiday tomorrow: If futures contracts traded on a day when U.S. stocks weren’t even due to open are anything near accurate, then markets will be in for a major decline on Tuesday, with concerns about […]
Bush is calling for $145 billion economic stimulus package. President Bush on Friday called for about $145 billion worth of tax relief and other incentives to stimulate a sagging economy and fend off a possible recession. He said a growth package must include tax incentives for business investment and “direct and rapid†tax relief for […]