August 3, 2011 – 12:06 pm
You know things are tough all over when we read this Las Vegas strip clubs battle tough times with freebies, buffets So says the Las Vegas Review-Journal, in a story about Sin City’s famed take-it-off attractions. More than ever, clubs are relying on discounts and special offers to compete against each other and lure clientele, […]
August 2, 2011 – 3:11 pm
It may be more fun to call him President Snippy Pants, but, the guy really is a one trick pony President Obama admitted in a video message the debt deal is “far from satisfying,” but he comforted supporters by suggesting they won’t get rolled as badly the next time around. (snip) “I’ve said from the […]
August 2, 2011 – 9:06 am
…..sorry, no, it could bring on an even bigger fight, per Reuters Kevin Drawbaugh: Analysis: Storms ahead as debt deal sets up tax fight If Congress passes the debt ceiling deal by Tuesday, as expected, it could trigger a battle over tax reform within weeks and turn Washington once again into a dateline for deadlock. […]
August 1, 2011 – 8:47 am
Then things are quite a bit worse then they appear. Douglas A. McIntyre provides 10 signs the double-dip recession has begun Friday’s news on GDP shows the double dip has arrived — an expansion of only 1.3 percent and consumer spending up 0.1 percent in the second quarter. Astonishingly low by any account. The debt […]
August 1, 2011 – 8:21 am
Over at the Washington Post, Chris Cillizza breaks down the winners and losers in the debt deal. Here are a few of his winners Tea party: There were major questions coming into the 112th Congress about who would blink first — the largely establishment-aligned leaders of the new Republican House majority or the tea-party-aligned freshman […]
July 31, 2011 – 7:29 pm
Hmm, hasn’t President Snippy Pants been running around, scaring people, telling them the US credit rating will get downgraded if Someone Else doesn’t put a deal together? Not so fast, “according to PIMCO founder and managing director Bill Gross” When asked by CNN host Ali Velshi on Sunday whether the U.S. deserved to maintain its […]
July 31, 2011 – 9:58 am
ABC News is reporting that there is tentative debt deal, per “congressional sources”. Here’s the deal they are reporting, according to both Dem and GOP sources A debt ceiling increase of up to $2.1 to $2.4 trillion (depending on the size of the spending cuts agreed to in the final deal). They have now agreed […]
July 30, 2011 – 9:03 am
I know, I know, you’re saying “how could that possibly happen after two years of far left Keynesian economic policies?” The economic recovery faltered dramatically in the first half of the year, and that means more trouble ahead. The latest Commerce Department figures show that the nation’s economic output was gasping for breath long before […]
July 28, 2011 – 8:59 am
President Snippy Pants is doing what he does best: voting present, then giving speeches As House Republicans slog toward a Thursday vote on raising the debt ceiling, President Obama and his staff have hit the airwaves in a massive, all-hands-on-deck public-relations effort to turn the tide of political opinion in their favor. All told, the […]
July 27, 2011 – 8:50 am
Consider: the population of the United States is a bit over 311 million, yet, we start off with Obama unintentionally telling us that government is too damned involved in American life If nothing else, the crisis over the debt ceiling is reminding the country of the astonishing reach of the federal spigot, encapsulated by a […]
