…hit a twenty-year low, and with no carbon trading schemes. But California continues its economic insanity.
Category Archives: Business
Econ 101
The president flunks it. Hey, that’s probably why he doesn’t want to show us his transcripts. Anyway, he was probably told there would be no math.
And this graphic should be shown every day until the first Tuesday in November.
Because the message is that Obama and his economic team didn’t know WTF they were doing then, and they still don’t. That’s generously assuming, of course, that their goal actually was to grow the economy, and not just hand out our grandchildrens’ money to their cronies and political allies.
Government Motors
…is heading for bankruptcy. Again. Well, just as long as it’s not before November, right Mr. President?
The Growing Medicare Dilemma
…of the Democrats. I think they’re just starting to realize just how much they screwed themselves politically with ObamaCare.
[Update a few minutes later]
Related: O’s Medicare problem.
The Energy Revolution
…approaches. And it’s not “green.”
In a few years, people are going to look back on this era and marvel at how clueless and loopy the Obama energy policies were.
A “Progressive” Insurance Company
I had never paid much attention to Progressive Insurance, and knew nothing about them except from the ads. Well, it turns out that they’re appropriately named (well, at least the limited degree that it is appropriate to call leftists “progressive”):
According to Mark Progressive offed to pay 1/3 of the claim, (I presume his sister paid 3/3 of the preimums regularly) when that was turned down it went to court and what did Mark see at the table of the fellow who drove the car that killed his sister….
At the trial, the guy who killed my sister was defended by Progressive’s legal team.
If you are insured by Progressive, and they owe you money, they will defend your killer in court in order to not pay you your policy.
Strangely enough Peter Lewis the Chairman of the Board, biggest stock holder and former CEO has no problem making big payouts to other causes such as $2.5 million to Move On.com and 3 Million to Americans Coming Together (both matched by George Soros) according to Snoops.com
Well, I know where I’m not going to buy my insurance in the future.
Obama’s Campaign Narrative
…is false:
In brief, Reagan dug himself out of the far deeper hole; Obama has not yet dug his way out of his much shallower one.
Feel sorry for President Obama if you wish (he does). But feel more mightily sorry for the president who has to dig out from the ugly pit Obama will leave for his successor.
Yup.
Economists
It’s pretty obvious to anyone with the slightest grasp of economics that this administration has been a disaster on almost every front.
The Disaster Of The Euro
The problem with Greece is very simple: its prices are wrong.
That’s what happens when a government sets prices.
Government Motor’s Plan
But Chris Gerrib will be popping in any minute to tell us that GM is doing, in Obama’s words, “just fine.”