I’ve read that US companies (banks among them) are hoarding cash to the tune of 1.8 to 2.5 trillion dollars. The percentage of cash as it relates to a firm’s total assets is rising and the velocity of money (the number of times, for example, the same dollar changes hands) is also declining. (Note: Much [...]
I was reading this Newsweek article the other day and was struck by a section in it about our president his proposals to build a smart power grid in the US. I found it a bit humorous that this president, who wants to bring government into the lives of our country’s citizens in unprecedented ways [...]
I’m hoping this is exactly what lawmakers run into when Congress recesses in August. Share on Facebook
Well, Hopium smokers, the high ended with cap and tax, the price of health care “reform” and innumerable gaffes on the domestic and international stage. And now the hangover is beginning. Share on Facebook
My Administration is committed to creating an unprecedented level of openness in Government. We will work together to ensure the public trust and establish a system of transparency, public participation, and collaboration. Openness will strengthen our democracy and promote efficiency and effectiveness in Government. Share on Facebook
Barack Obama regularly cites rising health care costs as the reason for the country’s economic woes, prompting people to wonder if he really has the answer when it appears he has no idea what the question is. One can’t blame the president, however, when his top economic advisors include this week’s idiot, Larry Summers. Share [...]
So, back in March, when President Obama was touting how efficiently his government was going to spend the $787 billion of “stimulus” money appropriated by the “stimulus” bill nobody read before voting for, he tapped Joe Biden to make sure money wasn’t wasted. The president said: “To you – he’s Mr. Vice President, but around [...]
Yesterday, great hay was made of the president’s appearance with representatives of pharmaceutical companies, insurance companies, doctors and hospitals. President Obama hailed the health care industry’s voluntary plan to cut two trillion dollars in health care costs over the next decade, making the goal of universal health care more affordable. Announcements like this have become [...]
Paul Begala recently called April 15th “Patriot’s Day”, because on that day, Americans do their patriotic duty and pay the taxes necessary to keep our country strong. Begala wrote this piece in the context of the Tea Party demonstrations which occurred around the country on Tax Day. What Begala, an idiot, didn’t seem to get [...]
If you own a business in the United States right now, be very afraid. If you work for, or buy, something from a business in the United States right now, be very afraid. The cost of doing business, costs which will inevitably be passed down to consumers, just got higher. Acquiring the capital which is [...]
