Friday, October 11, 2013

JFK, The So-Called Anti-Communist: "I'd Rather My Children Be Red Than Dead"

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Quoted here : At one point, after leaving the room to take another urgent phone call, he came back shaking his head and said to me, “I’d rat...

Rush Says There's Nothing New, You Know, Like In The Book Of Genesis

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"What has been is what will be, and what has been done is what will be done; and there is nothing new under the sun." -- Ecclesias...

Ann Coulter Should Just Shut Up And Stand There (and dance maybe)

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John McCain Proves Yet Again Why We Who Supported Him In 2008 Were On A Fool's Errand

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"It was pretty obvious that we were not going to defund ObamaCare." Here . Republicans' commitment to compromise means they ar...

ObamaCare Website Roll Out Fails Horribly, Despite Spending $500 Million

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The conservative estimate of the cost of the website to date is $500 million, but in its first week just 51,000 nationwide are claimed to ...
Thursday, October 10, 2013

John Boehner Tries To Do The Mussolini . . .

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. . . but not very convincingly.

First Time Claims For Unemployment Surge Above 300,000 Breaking Long Streak

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Not-seasonally-adjusted first time claims for unemployment surged back above 300,000 for the first time in over two months in today's re...
Wednesday, October 9, 2013

Self-Described Moderate Rep. Justin Amash To Receive Primary Challenge From Conservative

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Grand Rapids businessman Brian Ellis is set to challenge Rep. Justin Amash in the Republican primary as a conservative because of Amash'...

Why Money Market Funds Are Especially At Risk If The Government Defaults

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the one-month T-bill settled at .27 after spiking to .32 Money market funds invest in ultra short term securities like T-bills with average ...
Tuesday, October 8, 2013

Thank Former Reagan Bureaucrat David Stockman For Gestapo Tactics Of Today's Park Service

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The Christian Science Monitor reports, here : Under a 1981 memo by then-budget Director David Stockman, which is still in effect, the federa...

Old Yellen To Continue To Save The Banking System, And Screw The Rest Of Us.

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Here comes Yellen. Woof. The AP announces tonight that The New Bernank is Janet Yellen: Under Bernanke's leadership, the Fed created ex...

Housing Analyst Predicts 20% Decline In House Prices In The Next Year

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As reported by Bloomberg: Talk to Mark Hanson about the housing market for five minutes and you may find yourself wanting to sell your home ...

The Stock Market Laugh Of The Day Comes From Josh Brown, The Reformed Broker

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TARP wasn't even a speed bump as the market crashed past 1099 Here : The House got another crack at the TARP vote on October 3rd and thi...
Monday, October 7, 2013

Bloomberg's Wrong. Gold Is Actually Fairly Priced Today By 1980 Standards.

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Bloomberg says gold is worth half what it was in 1980, here : After taking inflation into account, gold is worth almost half of what it was ...

Best Summary Yet Explains Federal Reserve's Real Objective Behind ZIRP: To Fix The Banks (Not You)

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0.25% is the upper limit of the Fed Funds Target Range And there's still a LONG way to go. From Warren Sulmasy of Trinus Investment Part...

Be Careful, Default Is A Venerable Old Liberal Democrat Specialty, Exponentially Imitated By Liberal Republicans

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The Atlantic  stumbles into the truth, here : In 1933, President Roosevelt devalued the dollar against gold. That violated the so-called go...
Saturday, October 5, 2013

Maybe Obama Learned Refusal To Negotiate From Lincoln At Ft. Sumter

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The South sent delegations to Washington, D.C., and offered to pay for the Federal properties and enter into a peace treaty with the United ...

Wait Times At Healthcare.gov In Michigan Are Running About 5 Minutes

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IBD Poll Puts Unemployment At 31%: 47.9 Million Looking For Work, 2 Times Higher Than BLS U6 Level

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Here : Investor's Business Daily has been polling Americans each month on the job market for well over a decade. Unlike the numbers rele...

The 5-year Anniversary of Jim Cramer's Worst Advice Ever

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When TARP was signed by George Bush on Friday, October 3, 2008, the S&P500 closed at 1099 after falling dramatically in September during...