I’m sure some will say I’m an alarmist. A grand conspiracy theorist. However, bailouts are all the rage for large companies these days. If we look at the reasoning given to us about bailing out the failed, antiquated, and obsolete GM and Chrysler, a Walmart bailout doesn’t seem that far fetched. GM and Chrysler were [...]
December 11, 2008 in blogging
Tags: automobile bailout, automobile industry, bailout, bank bailout, denial, depression, economic recovery, Economics, economy, fraud, government, government failure, jobs, politicians, Politics, recession, recovery, theft, unemployment, Work
It’s going to be 6-9 months before things start moving into recovery, and they are going to get much worse over the next 3 months. And that is a best case scenario. Why is this recession going to be so long and so severe? Simple, we denied it was happening for almost an entire year!
Remember, [...]
December 10, 2008 in Economics, Politics, thoughts
Tags: america, automobile bailout, bailout, bank bailout, Congress, Economics, economy, federal deficit, government spending, irresonsible government, opt out, politicians, Politics, scams, stealing, surplus, tax dollars, taxes, taxpayer, theft
Here’s an idea for the government bailout program that the vast majority of Americans don’t support. Give us an opt out clause on our taxes for the next 10 years.
Now, I’m not talking about opting out of our taxes. Those of us who don’t support the bailout will still have to pay our taxes as [...]
May 21, 2008 in Economics, Education, Environment, News, Politics, School, Stuff that sucks, predictions, rants, thoughts
Tags: 2008, Alaska, bernanke, black gold, California, college, college professor, Congress, drilling for oil, economic growth, economic policy, economic theory, Economics, economists, election gimmicks, election year, energy, energy policy, energy-based inflation, Enron, fake, FED, federal fax tax, federal reserve, federal reserve policy, gas tax, gas tax vacation, gimmicks, inflation, morons, oil, oil drilling, oil executives, Pacific Ocean, political interrogation, political scam, ridiculous, Rocky Mountains, scam, unemployment
Not long ago, I wrote a blog about the most idiotic economic political scam of the 2008 election year. Today, I read to stories about our economy that rank up there with the “gas tax vacation”.
The first story was about how the Fed has adjusted it’s estimates for 2008:
Economic growth of 0.3 – 1.2%, instead [...]
March 17, 2008 in Business, Economics, Education, Politics, School, predictions, thoughts
Tags: argument, bernanke, college, Economics, energy, energy-based inflation, fed chairman, federal reserve, idiots, inflation, mid-term, monetary policy, money supply, political idiots, politicians, powerless, prices, ripple effect, ron paul, university
I majored in economics because I thought it was a fascinating subject. Years ago (circa 2003) I was taking an economics class at Strayer University and handed in a paper explaining that our economy was seriously threatened by energy-based inflation. Up until this point in my education, I had received an A on every test [...]
February 20, 2008 in Economics, News, Politics, Television, blogging, life, media, thoughts
Tags: activism, Americans, anti-abortion activists, approval ratings, article, atheists, athletes, athletics, better future, Big Apple, big idea, bleeding nipples, blogging, blogs, broadcast, Bush, cardiovascular, chafing, chest pain, clinton, Congress, contest, cultural elites, donny deutsch, Economics, exercise, F-bomb, federal reserve, fitness, flaw, Ford, freedom, freedom of expression, freedom of speech, future, gay rights activists, george bush, health, hillary, interpretation, knight rider, liberal, liberal intolerance, life, Manhattan, marathon, marathon runner, media, Microsoft, moral racism, mystery, nbc, new york, News, nipples, obama, personal problem, political fight, political oppression, Politics, poll, president, race, religious fundamentalist, rueters, runner, running, self expression, stimulus package, study, support, survey, Television, titty twisters, tokyo, united states
This morning, I was browsing through the headlines on Rueters.com. After reading about how Obama is all talk and no action and how Hillary is in the political fight of her life, I couldn’t help but read about the Tokyo marathon runner who solves the mystery of his chest pain: bleeding nipples and not a [...]
February 19, 2008 in Economics, Relationships, blogging, life, thoughts
Tags: card, checks, child, Christmas, Economics, economy, family, federal checks, federal government, future, george bush, grand parents, holiday card, income, investment, kids, money, money supply, pension plan, retirement, season greetings, social security, socks, stimulus package, tax rebate, thoughts, underwear
When I was a kid, my grandparents would always send me and the rest of my family members checks for Christmas (as well as some presents like underwear and socks). There are eight kids total in my family, making a $20 check/child a considerable investment on their part. They were grandparents… retired. Their monthly income [...]
February 13, 2008 in Business, Deals, Economics, News, Politics, Television, Work, blogging, cool stuff, life, media, thoughts
Tags: 2008, ad networks, america, Americans, banner advertisements, billions, blogger, boost the economy, Bush, Business, checks in the mail, cnbc, complainers, complaints, cool stuff, create jobs, Deals, democrats, donny deutsch, Economics, economy, example, executives, federal government, george bush, giving money back, income, jobs, leadership, life, May, media, millions, money, News, next year, opinions, people, Politics, president bush, rebate, republicans, revenue, run-of-network, spend money, spending, stimulus package, success, success stories, symantics, Television, the big idea, thoughts, unemployment, US economy, valueclick, w, Walmart, welfare, WordPress, Work
What would happen if everyone in America watches The Big Idea with Donny Deutsch on CNBC? First, there would be a run on the cable companies because you can only get CNBC on cable. Second, fellow blogger Tony Iovino would take his $600 check he’ll receive from the Federal government in May and actually cash it to [...]
February 8, 2008 in Business, Economics, Education, Entertainment, News, Politics, Television, Work, blogging, cool stuff, culture, fun, inspiration, life, media, thoughts
Tags: big idea, Business, cnbc, companies, cool stuff, corporations, culture, donny deutsch, dreams, Economics, economy, Education, employees, employers, employment, episode, george bush, inspiration, learning, life, make it rich, media, mentor, million dollar idea, millionaire, millions, nbc, new business, News, Politics, possibility, president bush, rags to riches, regular people, side job, stimulus package, tax rebate, Television, television show, the big idea, thoughts, US economy, us president, venture capitalist, w, wealth, Work
Anyone who says the Bush stimulus package of a $600 tax rebate is not going to stimulate the US Economy hasn’t been watching The Big Idea with Donny Deutsch. I’ve seen more millionaires made from $600 or less on that show than I ever thought was possible. The moral of the story: Your wealth is [...]