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Archive for May, 2008

Obama the infallible

The guy is the new Teflon don.
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The Obama Gaffe Machine
By JOHN FUND
May 30, 2008
For months, Barack Obama has had the image of an incandescent, golden-tongued Wundercandidate. That image may be fraying now.
As smart and credentialed as he is, Sen. Obama is often an indifferent speaker without a teleprompter. He has large gaps in [...]

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Obama gets endorsement…

From Castro! Sort of..
Its pretty fitting as I have noted before.
After all Obama is willing to open up trade with the aging dictator.
Castro Offers His Take On Obama
Here’s something Barack Obama could probably do without: Kind words from longtime Cuban president Fidel Castro, who recently stepped aside as his country’s leader.
In a column noted by [...]

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Recession? What Recession?

WASHINGTON (AP) — The economy plodded ahead at a 0.9 percent pace in the first quarter — slightly better than first estimated — but still underscoring caution on the part of consumers and businesses walloped by housing, credit and financial problems.
The new reading on gross domestic product, released by the Commerce Department on Thursday, was [...]

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The gyrations continue and there’s little to do but watch it play out. For what it’s worth it sure likes like we have one heckuva struggle going on. The players are the economy, oil, and the dollar. On any given day, the order will change but we have a strange situation where the three are [...]

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An excellent piece by Steve Huntley of the Chicago Sun Times.
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Barack Obama says the United States should not negotiate with Hamas “unless they recognize Israel, renounce violence and are willing to abide by previous accords” that Israel reached with neighboring Arab states and the Palestinians.
Which of those objections does not apply to Iran? The [...]

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The recent foreclosure ‘crisis’ is getting out of hand. Not because of the numbers involved, that was to be expected as the market corrects itself, but with people that were perfectly willing to buy a home not long ago and are choosing to walk away from their responsibilities on the properties.
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Capitol Weekly reports that [...]

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This is not the first time, nor the last time that we will hear of this but I read it today and found it to be so disingenuous that I wanted to share it.
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“Let me be clear, privatizing Social Security was a bad idea when George W. Bush proposed it, it’s a bad idea [...]

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For all intents and purposes Hillary’s campaign is dead. It won’t get a revival, she will not win the nomination no matter how well she wins in West Virginia, but it will bolster her claim that Obama will not fair well with Middle America.
Anyone that frequents this blog knows why I am voting for [...]

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Bull or bear the truth is everyone is trying to figure out where we go from here. As always, the small investor is probably just as lost as the talking heads are to sort things out. Has the recent runup in the market indicated a bottom or is it just a blip? One thing you [...]

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Bailout #2

So if the bail sterns deal was not bad enough, house democrats want to bailout as well homeowners as well at the expense of course of tax payers. You know the endless pit of money that we are.
I have noted in previous posts how AWFUL their plans are and the HUGE ramifications they will [...]

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Are we in recession? Are we going to be in recession? Does it make any difference? Does it make any difference to me? For most of us, only the last question is important. We are coming up on the end of earnings season and, all things considered, it wasn’t that bad. The Federal Reserve that [...]

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Stupid has reached a brand new level for DC.
Just when you think its IMPOSSIBLE for it to get any more ridiculous, DC surprises you once again.
Stupid news of the day….
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When is a gang not a gang? When it’s based in the District.
D.C. officials insist on describing groups of young males as “crews,” rather than [...]

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U.S. gas: So cheap it hurts

Interesting article by Money.com
NEW YORK (CNNMoney.com) — Despite daily headlines bemoaning record gas prices, the U.S. is actually one of the cheaper places to fill up in the world.
Out of 155 countries surveyed, U.S. gas prices were the 45th cheapest, according to a recent study from AIRINC, a research firm that tracks cost of [...]

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I hope they win and take it to the Supreme Court.
This could be EPIC either way.
If the courts decide to allow the, online retailers will take a slight hit in their sales and a huge boom for states around the country that will begin to institute the same policy, if the courts decide its unconstitutional [...]

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