Remember the $787 Billion Porkulus Bill (American Recovery and Reinvestment Act) from a year ago that was supposed to stop the hemorrhaging of jobs in our country through funds being provided for shovel ready projects and tax breaks, (most of which aren’t slated to be spent until the end of this year)? Naked Emperor News … Read more It’s All About The Jobs
We knew that the unemployment rate was higher than 9.5% because, damn, we can actually do real math, have eyes in our heads to see what is happening to our families and neighbors, and have been paying attention to the bank closures and home foreclosures. The following statements, by the way, are the personal views … Read more What Is The Fed Up To Now?
Why are we even having a discussion about this? Why are we paying over $306 Billion a year to service our debt? Why is The Fed still crashing our economy? Obama to Nominate Bernanke for Second Term President Obama plans to nominate Ben S. Bernanke to a second term as chairman of the Federal Reserve, … Read more Just When You Think It Can’t Get Any Worse, Barack Surprises