Monthly Archives: February 2009

“Tea Party” Madness

Last week, CNBC commentator Rick Santelli publicly voiced the sentiments of many angry Americans (supposedly) when he called on the government to stop bailing out failing institutions and “rewarding bad behavior.” Fired up by outraged wingnuts, a grassroots movement has … Continue reading

6 Comments

Filed under Obama Administration, Wingnuts

Project Much?

The following comment comes from the blog of “The Raging Tory” (the fellow who, for whatever it’s worth — Spoiler Alert: Nothing! — quite laughably claims to be “rarely if ever wrong about the economy”…) IngenuityGap said… Justin, I think … Continue reading

6 Comments

Filed under Idiot Bloggers, Wingnuts

Arggh!

What… Tell me it’s not so! Barack Obama had been in office now for all of… 34 days already and there’s been NO MIRACLE yet! Wall Street hasn’t suddenly rebounded? The global economic crisis hasn’t been HEALED!!! The GDP isn’t … Continue reading

10 Comments

Filed under Economy

Whatever Happened to Dan Quayle?

Well, we were asked… For the past decade, Quayle has been the Chairman of Cerberus Global Investments and as such, is “actively involved in new business sourcing and marketing for Cerberus in North America, Asia and Europe.” Yes, this is … Continue reading

10 Comments

Filed under Republican Party, Wingnuts

The Credit Crisis Illustrated

How Dangerous Ideas Destroyed Everything… Here’s “The Short and Simple Story of the Credit Crisis” — a marvelous little film that helpfully explains how the ideologically-driven financial framework went quite unintentionally, yet suicidally awry and as a result, we’ve now … Continue reading

7 Comments

Filed under Economy

No Time for Politics

I can’t help but watch the initial days of this new presidency unfold without imagining in my evil head how this all might have played out if the McCain-Palin ticket had somehow won the 2008 presidential race. Does anyone feel … Continue reading

11 Comments

Filed under John McCain, Republican Party, US Politics

Those Ever-Pesky “Facts”

For whatever reason, so-called “conservatives” rarely let them get in the way of a good argument. Over at the site of “The Raging Tory” (aka Justin Hoffer), commenter Powell Lucas trots out the now familiar myth that many right-wingers appear … Continue reading

32 Comments

Filed under Economy

”So Damn Much Money”

The Triumph of Lobbying and the Corrosion of American Government It’s likely that you won’t learn anything shockingly new here, but it’s still fascinating to listen to Bob Kaiser, the long time correspondent and associate editor of the Washington Post … Continue reading

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Filed under US Politics

Big Oil & “Demon Mathematics”

Ah ha! So that’s how the oil companies are ripping us off at the pump… For whatever it’s worth, “Dutch rounding” also goes by the following names: Convergent rounding, Statistician’s rounding, Gaussian rounding, Elitist rounding, and Bankers’ rounding. Those all … Continue reading

3 Comments

Filed under Economy, Oil & Gas

Buzz Hargove vs. Dragons Den

We keep coming back to the issue of the government bailout of the North American automakers because it seems so symbolic of the challenges now being confronted as the economy tanks and different ideological views of how best to solve … Continue reading

40 Comments

Filed under Economy