all-encompassingly

we still remember mitch hedberg

A severed foot is the ultimate stocking stuffer.

May 17th 2013

Can’t Spare a Square

Venezuela, running out of toilet paper.

Jun 1st 2012

Or in four years, apparently.

Problems in the job market were long in the making and will not be solved overnight.

Alan Krueger
Chairman of the Council of Economic Advisers
From his blog post at WhiteHouse.gov, explaining away the bad jobs numbers today.

Nov 13th 2010

The Quantitative Easing, Explained

By the animated computer characters. Discussion topics include: the Fed, the President Obama, the printing money, the President Bush and the Ben Bernank(e). PG for language.

May 14th 2009

Obama: We can’t just keep borrowing money.

Imagine Bush in 2003 railing against the invasion of Iraq.
Obama’s presidency has descended into the surreal.
May 14 (Bloomberg) — President Barack Obama, calling current deficit spending “unsustainable,” warned of skyrocketing interest rates for consumers if the U.S. continues to finance government by borrowing from other countries.
“We can’t keep on just borrowing from China,” Obama […]

Mar 9th 2009

Sca-ry

Where the U.S. government usually consumes 21% of gross domestic product, this Obama budget spends 28% in 2009 and runs a deficit of $1.75 trillion, or 12.7% of GDP…..Add that 28% of GDP spent by the U.S. government to the 12% spent by states, counties and cities, and government will consume 40% of the economy […]

Mar 3rd 2009

Classic Example of a Lie

The Arena Football League has canceled its 2009 season, but will resume play the following year, [according to] the Cleveland Plain Dealer and The New York Times.
League officials could not be reached to comment, but have previously denied the indoor football league would cancel the 2009 season. The AFL, founded in 1987, has 16 teams […]

Mar 2nd 2009

So, can we pick the sponsor logo?

Just saying… Maybe a giant bald eagle instead of “AIG”? Or Obama’s smile?

Feb 25th 2009

Commenter Brad Says It Best

Over at Think Progress there is an “excellent” post entitled, On So-Called “Irresponsible” Borrowers. Matt Yglesias lays out his case that folks who took bad loans and now are not paying their mortgages are basically blameless for their situation.
The post is truly excellent and highly recommended because as commenter Brad says there:
This post might […]

Oct 1st 2008

I’m with Jeffrey Miron on the $700,000,000,000.00 Bailout

The obvious alternative to a bailout is letting troubled financial institutions declare bankruptcy. Bankruptcy means that shareholders typically get wiped out and the creditors own the company.
Bankruptcy does not mean the company disappears; it is just owned by someone new (as has occurred with several airlines). Bankruptcy punishes those who took excessive risks while […]

Sep 29th 2008

I’m with Newt Gingrich on the $700,000,000,000.00 Bailout

ABC News’ Tahman Bradley and Arnab Datta Report: Former House Speaker Newt Gingrich, R-Ga., on Sunday described Treasury Secretary Henry Paulson’s request for billions of dollars to buy debt from struggling Wall Street financial firms as “un-American” and said the secretary should have stepped down.
Gingrich even expressed concern with Paulson’s connections to Wall Street. […]