Economics

Scared? Maybe you have good reason. Take New Poll!

By Jim Vicevich | February 7, 2009 |

Running through last night’s video and I came across a continuing theme throughout … Democrats and RINOs trying to frighten America to death … a financial death of $1 Trillion dollars (pay no attention to the deal … it will be a trillion I can assure you). Below you will find two videos … first…

The cure for our economic blues

By Erik Blazynski | February 6, 2009 |

Stimulis will cure what ails us.

Balancing The Recession On The Backs Of … Men?

By Jim Vicevich | February 6, 2009 | Comments Off on Balancing The Recession On The Backs Of … Men?

My guess is this won’t garner much sympathy from inside the beltway … not a protected class. Too bad its not whales, dogs or glaciers. (H/T Instapundit) The proportion of women who are working has changed very little since the recession started. But a full 82 percent of the job losses have befallen men, who…

Madoff Whistleblower scorches the incompetent SEC

By Erik Blazynski | February 5, 2009 |

Harry Markopolos first blew the whistle on Bernard Madoff 9 years ago and no one listened. The story he tells is compelling. A securities fraud investigator he was asked to look into the Bernie Madoff Invesment Fund: He said he contacted the SEC in 2000 after a four-hour review of Madoff’s investment strategy showed the…

Questions to ask Obama and Biden

By Steve McGough | February 5, 2009 |

I’ll keep adding more economics questions to the list as I have time. But will someone ask Obama and Biden at least one of these? Author note: While I’m away from the computer, I’m republishing my top 20 posts from 2008 each afternoon. -Steve My wife and I are lucky enough to be near the…

The Porkapalooza Details

By Jim Vicevich | February 5, 2009 |

The Sound Off Brother sent me this link last night. It is well worth the read. But here’s a sample. • $2 billion earmark to re-start FutureGen, a near-zero emissions coal power plant in Illinois that the Department of Energy defunded last year because it said the project was inefficient. • A $246 million tax…

Waiting For Bad News

By Jim Vicevich | February 4, 2009 |

I found the White House Press briefing just a little disturbing today. Reporters continued to note throughout the presser that public opinion is turning against the Porkapalooza … as we have noted here. But when it came to the question of changing the bill substantially (perhaps cutting tax rates for people and business or at…

A close look at the federal tax burden of corporations and individuals

By Steve McGough | February 4, 2009 |

Are you better off than you were four years ago? It’s a question asked at Obama campaign events, and I’ve been thinking about different ways one can answer the question. We can measure economic success a number of ways – housing costs, gas prices, energy bills, retirement account balances and net worth are all measurable,…

Reason 72 & 73: Government should not bail out corporations

By Steve McGough | February 4, 2009 |

President Obama is considering limiting executive pay to companies who are part of the TARP program, and GM and Chrysler are still in the courtroom fighting California’s proposed legislation to raise fuel efficiency standards. Again we highlight why government should not get involved with the free market. First we have Obama’s marketing campaign to limit…

Of Course You Know This Means War Part 2

By Jim Vicevich | February 4, 2009 |

Looks like the trade war is off. Good thing too. With the US having the second highest corporate income tax and facing “the worst economy since the great depression”, my guess is it would have become a “quagmire.” Last night Mr Obama gave a strong signal that he would remove the most provocative passages from…