If it’s like many, it’s a bit emptier this year than last. Higher gas means higher transportation cost means higher food prices means less cash for you and for me. This seemingly endless cycle is depressing.
Waiting for the inevitable collapse
Lost in the unbelievable botch job the Administration has made of America’s position in the world is the unbelievable botch job they have made of our economic condition [...]
While we’re in this Friday night “feel good” mode, let’s dip into another author’s writing..
Bush Economy Better Than Ever?
President Bush loves to claim that his economic policies have made Americans better off. Even in the face of resounding evidence that ordinary Americans are feeling the pinch, Bush obvioulsy believes that so long as the rich, wealthy class is getting their tax cuts, off-shore havens, and increased dividends the economy couldn’t possibly be better. [...]
Indeed, it’s the kind of stuff that keeps you awake at night..
Wall Street Could Once Again Face – ‘Black Monday’
In many ways the bad news of the past few weeks has set the U.S. stock market up, once again, for a ‘Black Monday’ event that could make all previous sell offs look mild by comparison. Why? Well, there are so many reasons, but the leading suspects are high crude oil prices, the ever shrinking value of the U.S. dollar and the mortgage loan crisis that could easily move from just a sub-prime problem into the entire mortgage market as a whole. The previous three Congress’ have spent [...]
There was one big “whew” that popped up late this afternoon. Good work, Representatives!
House passes bill increasing taxes on private equity, hedge fund and venture capitalists to prevent AMT from hitting millions of [...]
Not so fast, Krile. There’s a little thing called a “veto”…
Chimpy threatens to veto a bill that would rescue 23 million members of the middle class from the Alternative Minimum Tax because it would make up for the lost revenues by making 50,000 millionaires pay the same tax rate as [...]
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