Friday, August 5, 2011

Israel Is Doomed: by a Mental Disorder Better Known as Liberalism

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Because even its leading newspaper can't bring itself to condemn the virulent liberal-anti-Semitism of Norway which the Utoya shooter at...

Why Did Californians Have Herpes While Coloradans Had Texans?

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Because Californians had first choice. (You had to be in Colorado in the summers in the 1970s before AIDS to really appreciate this).

Senator John Kerry: Enemy of a Free Press and Free Speech

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Story here , about media reporting on the Tea Party: "The media has got to begin to not give equal time or equal balance to an absolute...

Unemployment to 9.1 Percent: 25 of 27 Months At Or Above 9.0

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Story here . The broader measure called U-6 which adds the marginally attached and the part-time for economic reasons has been above 12 perc...

Fannie Mae Follows First Quarter $8.7 Billion Loss With $5.2 Billion in Second

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Bailouts to date: $104 billion. Story here .

Time Magazine's Marxists Agree: Inequality Caused The Financial Crisis

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Why, even Wall Street hates inequality so much it, too, dived in obeisance. Read it here , if you must. Debt and leverage are so bourgeois.
Thursday, August 4, 2011

Today's DOW Drop Ranks 9th For Daily Point Losses. It's Not a 'Crash'.

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Wikipedia has this nice chart, among others, here : The percentage loss was big, but won't be truly significant unless it becomes part o...

Cash is King: US Banks Now Hold Nearly $2 Trillion

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From a fascinating story at The Wall Street Journal: The fastest-growing asset on bank balance sheets this year is cash. Since the beginning...

Market Panics Just After The Nick Of Time. Have A Nice Day.

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Why is Gold Climbing?

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"[T]here should be no doubt that gold is reacting to competitive currency devaluation schemes of central banks." -- Mish, here
Wednesday, August 3, 2011

Obama's Laser-Like Focus Vaporizes Full-Time Jobs

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Get mort-ified, here .

Post-War Doubling Times For Federal Spending: Every 9 Years at 8 Percent per Year

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US government spending on World War Two reached a crescendo in 1945 at $107 billion, after which spending reset to a post-war low of $36 bil...
Tuesday, August 2, 2011

Jonah Goldberg Tells 'Them' Where To Go

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"And yet you know the next time there’s the slightest, remotely exploitable tragedy or hint of violence, the same reporters, editors, p...

Standards are Inimical to the Left, That's Why Ratings Agencies are the Enemy

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As here at Slate.com: "If everyone hates the credit rating agencies, why won't anyone enforce the Dodd-Frank provision to dethrone...

Even Ken Rogoff Knows It's A Depression But Can't Bring Himself To Say So

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We're still co-dependents in the disaster when even our truth-tellers continue to insist on the euphemism which is its rhetorical basis....

What Baseline Budgeting Does to Spending in Ten Years

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If you listen to Larry Kudlow, you know that he believes that baseline budgeting contributes only as much as 4 percent to the annual increas...

Radiation of 10 Sieverts Per Hour Detected Between Reactors 1 and 2 at Fukushima

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The measurements were made yesterday and reported here and here . Just 2 sieverts in an hour can be fatal.
Monday, August 1, 2011

Republicans Should Have Demanded Far More Than Reid's Cuts Because They're the Last

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(Have you noticed that just like with ObamaCare, it's the Senate calling the shots on everything?) Senator Reid's cuts are the last ...

Let's Index the Federal Budget to Existing Housing Prices

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Existing housing prices are down roughly 32 percent from the highs (see here ). Many are underwater on their mortgages, but people are makin...
Sunday, July 31, 2011

Stabilizing Debt to GDP Ratio Requires $1 Trillion in Cuts Per Year, Not $400 Billion

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So says John Chambers of Standard and Poor's Sovereign Ratings Committee  here . The ratio stabilized at the current level of 75 percent...