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The crazy uncle’s influence on US conservative politics is definitely increasing. CQ Politics reports on growing GOP support for Ron Paul’s ‘Audit the Fed’ Bill. He may have faded from the national political scene a year ago, after his dark-horse presidential run came to naught, but ...
Ron Paul, GOP, Economy, Federal Reserve, Campaign for Liberty, Paleolibertarian
Wall Street scoundrel Bernie Madoff has been sentenced to 150 years in prison for perpetrating one of the biggest financial frauds in history. NEW YORK – Convicted swindler Bernard Madoff was sentenced to 150 years in prison Monday for fraud so extensive that the judge said he needed to ...
[Video] By the way, you can automatically download your own copies of the Onion’s videos for free, through the podcast section of the iTunes Store. Here’s the URL.
Hey, I don’t see why this wouldn’t work. [Video]
Onion, Humor, Congress, Politicians, Economy, Gold, recession
Here’s a thread to discuss President Obama’s news conference, now beginning ... UPDATE at 6/23/09 10:12:31 am: Here are Obama’s opening remarks on Iran, for the record: The United States and the international community have been appalled and outraged by the threats, beatings, and imprisonments of the last few ...
The Onion has footage of a visibly shaken Barack Obama emerging from a “town hall meeting” at Denny’s. [Video]
A small piece of good economic news: WASHINGTON – President Barack Obama is complimenting banks that are reimbursing taxpayers to the tune of $68 billion in federal bailout assistance.
Economy, Finance, Business, Financial Crisis, Banking Industry, Barack Obama
Instantly classic video blogging from the Hawk del Iowa. [Video]
Economy, Budget, Nancy Pelosi, Congress, Auto Industry, Humor, Iowahawk
BusinessWeek analyzes Sonia Sotomayor’s record, and concludes that she’s A Moderate on Business Issues. Federal Appellate Judge Sonia Sotomayor, nominated May 26 by President Barack Obama to the U.S. Supreme Court, has earned a centrist reputation in business cases: In 1995, she sided with Major League Baseball players in ...
Have no fear, your credit problems are over: Obama Signs Credit Card Bill. (CBS/ AP) President Barack Obama warned overeager shoppers and greedy credit card companies alike on Friday to act responsibly as he signed into law a bill designed to protect debt-ridden consumers from surprise charges. The White ...
Economy, Finance, Business, Financial Crisis, Credit, Credit Card, Barack Obama
Following the ignoble defeat of every budget measure he tried to push, Arnold Schwarzenegger has announced that California’s top elected officials will get a salary cut of 18%. In ... uh ... seven months. Nice to see the Governator springing into action to handle the emergency. Schwarzenegger and other ...
All of Arnold Schwarzenegger’s proposed budget measures and tax increases for California were shot down in flames yesterday, and now the question is: how will California dig itself out of its fiscal hole? Federal bail-out time? Well, he may have had a grand day in D.C. schmoozing with the ...
California’s going out of business! Everything must go! Unbelievable deals available on San Quentin State Prison, the L.A. Coliseum, and the Orange County Fairgrounds! Don’t miss this once in a lifetime opportunity!
This is an excellent video presentation on the credit crisis, created by designer Jonathan Jarvis. [Video] Here’s Jarvis’ description of the project, from his website: The Crisis of Credit Visualized distills the economic crisis into a short and simple story by giving it form. It is also argues that ...
Economy, Finance, Business, Financial Crisis, Credit, Investments, Banking
Another perceptive column from Charles Krauthammer on Obama’s Ultimate Agenda: There is every political incentive to make these interventions in the banks and autos temporary and circumscribed. For President Obama, autos and banks are sideshows. Enormous sideshows, to be sure, but had the financial meltdown and the looming auto ...
Now he tells us: GM’s New CEO: Bankruptcy May Be Best Option for Automaker. General Motors’s new chief executive told CNBC that filing for Bankruptcy may be the best option for the struggling automaker. In a taped interview to be aired tonight on NBC Nightly News, Fritz Henderson said ...
Economy, Finance, Business, Financial Crisis, General Motors, Auto Industry
The House Financial Services Committee has approved new legislation that would allow the government to determine how much all employees of businesses that accept federal money should be paid—and it’s retroactive, allowing the government to void existing contracts and impose new terms. And the government would also determine the “performance ...
Economy, Finance, Business, Financial Crisis, Barack Obama, Barney Frank
General Motors CEO Rick Wagoner has presided over a steady decline in sales and market share for the past 8 years, and now Barack Obama has asked him to step down as part of the plan to restructure the auto industry. The Obama administration asked Rick Wagoner, the chairman ...
Economy, Finance, Business, Financial Crisis, General Motors, Auto Industry
I’m getting email from people outraged that the city of Cape Coral, Florida, has canceled a “tea party” protest, because (they say) the government fears too many attendees. CAPE CORAL, Fla. - A tea party to protest government spending and taxing is canceled. Canceled by the government. Why? They ...
Pathetic. Standing before television cameras, Minority Leader John Boehner (R-Ohio), Whip Eric Cantor (R-Va.), Conference Chairman Mike Pence (R-Ind.) and other members — including the top Republican on the Budget Committee Paul Ryan (Wis.) — couldn’t answer specific questions about their spending plan. After weeks of promising a comprehensive ...
Economy, Finance, Business, Financial Crisis, Deficit, GOP, Budget
Barack Obama has been selling his budget on a trans-continental PR charm offensive for the last two weeks, but public support is still slipping. People who feel positively about his budget fell from 44% in late February to 39% this week. People who feel negatively about the budget increased ...
Economy, Finance, Business, Financial Crisis, Budget, Barack Obama
Last year, CNN-San Diego Union-Tribune columnist Ruben Navarrette Jr. said that if you didn’t want to vote for Barack Obama, and you’re white, you’re a racist. Today Navarette complains that Obama is flunking economics, and that many Americans “won’t tolerate any criticism of the president.” And these people wonder why ...
Here’s The Republican Road to Recovery in PDF form. What do you think? It’s hard not to notice that there are no actual numbers therein.
The Washington Post published a graph that speaks volumes about the incredible debt this country is preparing to assume: Projected Deficit. (Hat tip: Athos.)
What’s got into the Associated Press today? They’re actually criticizing Obama for using a teleprompter in his press conference. WASHINGTON – What kind of politician brings a teleprompter to a news conference? A careful one. President Barack Obama took no chances in his second prime-time news conference, reading a ...