03.08.10

“Recovery” isn’t an accurate term for where we are

Posted in Economics, Employment numbers at 3:49 pm by Administrator

If there was a recovery, it’s running out of gas again.

Just remember, the Freedom-Haters are doing this on purpose to bring us all to our knees.

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03.04.10

Does TCM think American businesses can create jobs out of thin air?

Posted in Economics at 8:08 pm by Administrator

Jeffrey Folks at The American Thinker asks, why would a business want to borrow or a bank want to lend in this climate?

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03.03.10

Some bureaucrat on the public payroll is a poor substitute for the self-correcting mechanism of the free market

Posted in Economics, Financial markets, Government bureaucracy at 2:02 pm by Administrator

Tony Blankley on the folly of Chris Dodd’s push to create a government postion empowered to head off “systemic risks” to the financial system.

Among the questions that Blankley raises:

Who gets to define “systemic?”

How big is the scope of this “system”?

What if an overly cautious approach would make a give situation worse?

Given the pointy-headed nature of these kinds of positions, how much real-world experience is such a person likely to have?

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02.24.10

Another development that is – all together, now – unexpected!

Posted in Economics at 4:13 pm by Administrator

New home sales reach a record low in January.  The “hints at potential trouble” phrase is an amusing touch, too.

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02.23.10

Along with TCM, Congress and socialist health care, the American people are reaching consenus about

Posted in Economics, Public opinion at 7:55 pm by Administrator

 . . . the actual prospects of the economy in the hands of the Freedom-Haters.

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The main culprits were politically correct lending, localized housing regulations, and the Fed fiddling with interest rates

Posted in Economics, Financial markets, Government bureaucracy at 2:17 pm by Administrator

Thomas Sowell on why “Wall Street greed” doesn’t hold up as an explanation for the housing bust.

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02.20.10

When you think you’re indispensible, you’ll assume the ultimate sugar daddy is going to pull your fat out of the fire

Posted in Auto industry, Banking, Economics, Free-market Economics, Government bureaucracy at 6:21 pm by Administrator

Tom Blumer at Pajamas Media on how big business is prone to act in ways antithetical to free-market capitalism, such as appeasement of the regulatory leviathan and an attitude of entitlement to public largesse.

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02.17.10

Disconnect, to put it mildly

Posted in Economics at 3:44 pm by Administrator

Lest you think the last post was an exercise in over-the-top scary rhetoric, consider the disparity between what the American people know about the stimulus and the vice president’s perception of it.

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02.16.10

Retiring senators say the most noteworthy things

Posted in Congress, Economics at 9:55 pm by Administrator

Evan Bayh on the stimulus package’s inability to create jobs.

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01.30.10

America ain’t buying what TCM is selling

Posted in Barack Obama, Economics at 7:14 pm by Administrator

Rasmussen poll: most Americans don’t believe the Aquarian Totalitarian’s assertions about the economy.

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01.29.10

If you take out the slowdown in liquidation of inventories

Posted in Economics at 4:12 pm by Administrator

 . . .  actual annualized GDP growth for the fourth quarter of 09 was only 2.2%.  Still, watch for TCM to make much hay of this as he pushes for more utopian fantasies and punishment of real-world normal-people economic activity.

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01.25.10

His hat is neither white nor black, but of a checkered pattern

Posted in Economics, Financial markets at 8:56 pm by Administrator

Paul at Powerline on Ben Bernanke’s performance as Fed chairman.

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It’s an American thing, not just a cranky-rightie thing

Posted in Economics at 8:36 pm by Administrator

Three out of four Americans think at least half of the stimulus money has been wasted.

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01.21.10

Why we call them Freedom Haters – today’s edition

Posted in American exceptionalism, Economics, Human freedom at 5:53 pm by Administrator

The damage they have done is quantifiable and measurable.

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Isn’t that term “unexpectedly” starting to sound a little shopworn?

Posted in Barack Obama, Economics, Employment numbers at 2:23 pm by Administrator

 How “unexpected” is last week’s rise in people filing for jobless benefits?  For cryin’ out loud, two other stories in the Yahoo headlines this morning were the determination of the Freedom-Haters to still ram through some kind of socialist health care (These people really have a kamikaze level of zeal, don’t they?) and The Aquarian Totalitarian’s push for even more socialistic rules for banks.

Yessir, a fertile hiring environment indeed.

(The key word in the first paragraph of the banking article is “redirect.”)

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01.17.10

Incentives matter

Posted in Culture, Economics, Human nature, human sexuality at 4:11 pm by Administrator

Jennifer Robach Morse does a great job of disspelling the libertarian argument that expanding the definition of marriage to include same-gender couples wouldn’t affect society and culture much.

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01.16.10

If this were really about results

Posted in Banking, Economics at 4:10 pm by Administrator

Tigerhawk makes the important point that, with TCM’s diatribes and intimidation tactics toward banks over the last couple of days, he’s picking on the wrong industry.

While here at BN we have no fondness for TARP, the banking industry as a whole has paid the money back and is now operating profitably again.  Then there is the bailout of the auto industry, which hasn’t done a damn thing to return that to profitability.

But then, it’s not about restoring businesses to health.  It’s about fomenting class warfare and trying to get people worked up about “greed.”

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01.12.10

I guess technically it’s called a recovery

Posted in Economics at 7:16 pm by Administrator

 . . . in that more businesses are operating profitably again, and that’s reflected in the stock market.  But that’s because they are burning through inventory to sell their product.  They’re not hiring or borrowing, because they don’t know what further damage is coming down the pike from the Freedom-Haters.

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01.11.10

Well, duh – today’s edition

Posted in Economics at 1:36 pm by Administrator

Did it  really take an Associated Press analysis for us to conclude that last year’s stimulus splurge on road and bridge work did zilch to help the construction industry, or any other sector of the economy?

They seized the money from you and me and bankrupted our grandchildren as well to do it.

They are not stupid.  They did this deliberately to hobble the U.S. economy, and render America no longer exceptional.  They want to break the entrepreneurial spirit.  They hate freedom.  They are working feverishly around the clock to transform the United States of America into something else entirely.

The modern Democrat party is a force for evil.

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01.08.10

Your overlords don’t care. In fact, this is deliberate.

Posted in Economics at 5:23 pm by Administrator

The economy shed 85K jobs in December.

The Freedom-Haters aren’t stupid.  They know that the solution to this has been available since the economy started going south.  It would be simple and elegant.  Improvement would be swift.  They are careening headlong in the oppostite direction because they see you as cattle to be herded into the pen.  They hate your freedom.  They are totalitarians.  They are evil.

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