Quantitative Easing Explained

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Video: CNBC’s Santelli on Fed Decision to Buy $600B of Treasuries: ‘No Surprises Here’ Say Hello to Inflation and Kiss American Jobs Goodbye and Thank

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h/t: Lizified

Your Stimulus Dollars at Work

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h/t: the Blaze

Sean Bielat Discusses His Debate with Barney Fwank

I watched a video of the whole debate. It was especially inspiring to a conservative because Frank looked nervous, frightened and desperate.

Intel CEO on Why It Does Not Make Sense to Invest in US Economy: "This Admininistration Just Does Not Get It"

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h/t: Hot Air.com
Otellini says that half of the first stimulus package has not been spent yet and should not ever be spent since it has been ineffective: "Swimming pools in Mississippi are not going to create lots of jobs."

Christie to Obama: 'You Have to Talk to People Like Adults'

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h/t: NewsBusters

Comment Of the Day

"Meanwhile, U.S. legislators have shown little appetite for a new round of stimulus spending."

The last time we hit ourselves with hammers on the head it worked so great, so lets try it again… no thank you.

El_Terrible on September 5, 2010 at 6:51 PM



from Hot Air.com

Comment Of the Day

“…how they just assumed it would behave like previous recessions”

Ceteris paribus. That’s Latin for: “we are all morons.”

The economy just sort of magically produces wealth, and nothing can ever change that.

So why let all those “greedy” business owners “steal” all the “free” profit the economy magically generates to buy yachts to waterski behind? Of course nothing but good things can happen when the “generous” government confiscates that extra money and “invests” it in ways that their minds (pristinely unpolluted by knowledge of the evil business world) know – just know – will benefit society.

What could possibly go wrong?

logis on September 2, 2010 at 10:55 AM

from Hot Air.com

Video: “I’m willing to take a chance on something different”

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h/t: Hot Air.com

TRAILER ‘I Want Your Money’; New Film Skewers Obamanomics

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h/t: Breitbart TV

Comment of the Day

This comment was in reply to an ad hominem attack on Paul Ryan's road map by Paul Krugman.


Maybe we should ask Nazi’s what they think of passover.
rob verdi on August 6, 2010 at 10:34 AM



from Hot Air.com

How Counterproductive Is the Obama Faux Stimulus?

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h/t: NewsBuster

Political Rorschach: If You Think Tax Cuts Are a Major Cause of Present Economic Crisis Then You're a Democrat (or of that Ilk)

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Keynesian economist Jeffrey Sachs Feels on the Obama Stimulus that Poor Planning Gets You A Poor Plan

And in our present case a poor plan gets you many more unemployed for longer. "The stimulus was not really well thought out to take us out of the mess. . . . . maybe we are going into that double dip." It is pointed out that the those in the White House don't really even understand Keynesianism.

Visit msnbc.com for breaking news, world news, and news about the economy

h/t: Hot Air

Comment Of the Day

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kong May 20th, 2010 - 6:47 pm
Obama failures in just first year:

-unemployment goes to 10%
-2 trillion more to national debt
-Iran getting nuke
-North Korea shooting off nukes, sinks South Korean ship
-Russians help Iran, Eastern Europe open to them
-Obama backs marxist takover in Honduras
-Obamacare failure, will cost 250% more than claimed as European socialism collapsing
-Mexican border Chaos
-Americans dying on American soil again
-anti-free speech president

That’s just in the first year — and I was running out of room. All they got is calling critics “racist” — it’s pathetic.

from Breitbart TV

Matthews:"Why Won't Any Republican Criticize Rush?" Pataki:"Why Do You Put Up With So Many Crazies at MSNBC? Why Isn't Obama Doing Something About Job

***(I used quotation marks but they are not exact quotes.)

Visit msnbc.com for breaking news, world news, and news about the economy

h/t: NewsBusters

P.J. O'Rourke Delivers the Wolfe Lecture at W&L

Includes an explanation of the 10th Commandment by way of political economy.

Greenspan and Cramer on the Effects of Uncertainty

I think there is less uncertainty than they say. But the sense of certainty is on the side of Congress and the president endlessly doing more harm than good. The Keystone cops in Washington are just driving investment and hiring away.

House Democrats Are In The Midst Of A Stealth Takeover Of Financial Services And Creation Of Massive Slush Fund

Michelle Bachman, fresh from the House floor, delivers an alert.


h/t: The B Cast

Government's Fuzzy Math on Recovery

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