The Other McCain

"One should either write ruthlessly what one believes to be the truth, or else shut up." — Arthur Koestler

#Occupy Black Friday?

“Meet a genuine American folk hero cut from the homespun cloth of America’s heartland: Sam Walton, who parlayed a single dime store in a hardscrabble cotton town into Wal-Mart, the largest retailer in the world.” — cover blurb for Sam Walton: Made in America Among the many things we should be thankful for this Thanksgiving, […]

The Economy: How Bad Does It Suck?

The Dow Jones Industrial Average lost 236.17 points Wednesday, closing at 11,257.5. Since Nov. 11, the Dow has lost 896.13 points (7.4%), and the forecast is ominous: Stocks suffered a sixth straight day of losses on Wednesday as frustration over the euro zone’s debt crisis, coupled with weak Chinese factory data, further dented investor sentiment. […]

Obama Flunks History, Mischaracterizes Herbert Hoover’s Economic Policy

Ed Driscoll called this to my attention: “This competition for new jobs and businesses and middle-class security, that’s the race I know we can win. But you don’t win it by saying every American is on their own. We’re not going to win it if we just hand out more tax cuts to people who […]

Who Believes The Numbers Anymore?

by Smitty The L.A. Times: The U.S. economy grew more slowly than previously thought in the three months ending Oct. 31, the Bureau of Economic Analysis said, revising the nation’s third-quarter gross domestic product downward to growth of 2% from its previous estimate of 2.5%. Has there been a quarter in recent memory where the […]

Mika’s Not the Scariest Brzezinski

When I previously explained that Mika Brzezinski is smarter than you, a commenter called to my attention a video clip from Oct. 17. It’s of Mika’s father, Zbiginew Brzezinski, former national security adviser to Jimmy Carter, in an appearance on Morning Joe: Visit msnbc.com for breaking news, world news, and news about the economy “You […]

Gillespie On Forgiving Student Loan Debt

by Smitty I like all three of Nick’s arguments, but he’s focusing on the Economics: Let me add three more: Student loans are not a federal task, and never were. The federal government should be forcibly precluded from queering the education market any further. If Virginians need student loans, we should be handling that in […]

I Do Not Have A Federal Reserve Alter Ego

by Smitty Just want to make that perfectly clear. Also, I am not a US Representative from New Jersey. As for what’s driving teen unemployment, I think that an economy parked in the toilet bowl is the main culprit. via Marginal Revolution

Unexpectedly, Puffington Host Editors Face Uncertainty About The Founders

by Smitty The Puffington Host editors offer this collection of GOP Congressmen using the word ‘uncertainty’. Props to Todd Young, USNA ’95, appearing at 0:55: The Puffington Host, normally such a bastion of wisdom and erudition, is unexpectedly daft here: With the economy in a slump for nearly four years, corporate executives and conservative politicians […]

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