Category Archives: Business

A Denunciation Of President Obama

By Senator Barack Obama:

In remarks on the Senate Floor on March 16, 2006, Sen. Obama said the need to raise the Debt Limit was “a sign of leadership failure.”

Sen Obama said the need to raise the Debt Limit was another reflection of the “Government’s reckless fiscal policies.”

The[n], Sen Obama also denounced the rising National Debt as “a hidden domestic enemy” robbing cities & states of “critical investments.”

Denouncing the ever-increasing National Debt, then-Sen. Obama told the Senate he would oppose an increase in the Debt Limit.

Pwned.

It goes without saying, of course, that Mark Knoller is a racist.

The Economic Recovery

What economic recovery?

…why is the current recovery so weak? It is not because of the aftermath of the 2007-08 financial crisis. U.S. Financial markets began to recover in late 2008, more than four and a half years ago. Moreover, research by Michael Bordo of Rutgers University and Joseph Haubrich of the Federal Reserve Bank of Cleveland show that US recoveries following financial crises are typically faster, not slower, than average.

Recent research by us and other scholars analyzes the chronically slow economic recovery from a very different perspective. Specifically, our view is that poorly designed and implemented government policies have impeded capital and technological investments and hiring, and that bad government policies – not underlying problems with the U.S. market economy – are the primary reason why the economy has not recovered.

And the low-info voters voted for four more years of it last fall.

Blue Origin

Looking for a coastal launch site for orbital flight. Orbital vehicle is two stage, with first stage reusable, flyback vertical landing (like SpaceX).

Developing 100,000 lbf thrust lox/hydrogen engine. Deep throttle capability to allow vertical landing.