Category Archives: Business
The Downside Of Market Share
Goody. Malware developers have abandoned the Symbian and Windows Mobile platforms and started to go after Android.
Is Our Infrastructure Crumbling?
Obama Delays Shale Drilling
…and delays 200,000 jobs. It’s almost like he has an electoral death wish.
[Update a few minutes later]
“We can’t wait!” Unless we have to pander to our base.
[Update a few minutes later]
Why no jobs, explained in one sickening chart (it’s the housing, stupid).
[Update a few minutes later]
Our country has a jobs-creation problem. You don’t say.
The GM Bailout
The losses are going to be massive:
The $23.6 billion represents a 25 percent loss on the feds $60 billion direct “investment” in GM. But that’s not all that taxpayers are on the hook for. As I explained previously, Uncle Sam’s special GM bankruptcy package allowed the company to write off $45 billion in previous losses going forward. This could work out to as much as $15 billion in tax savings that GM wouldn’t have had had it gone through a normal bankruptcy. Why? Because after bankruptcy, the tax liabilities of companies increase since they have no more losses to write off.
This means that the total hit to taxpayers, who still own about a quarter of the company, could add up to $38.6 billion. That’s even more that the $34 billion on the outside I had predicted in May.
But it’s OK, ‘cuz the president’s campaign supporters got paid off.
“Thank You, Ann Barnhardt”
How many will join her?
Not that many, probably. They need to earn a living, even if it’s ethically compromised.
The Brain-Dead Left
Thoughts on their intellectual exhaustion and maleducation:
To our mind, that sentence more than anything we’ve read encapsulates the spirit of Obamaville. It originally appeared in a San Francisco Chronicle story about an incident in which “dozens of college students” invaded a Bank of America Branch, “pitching a tent and chanting ‘shame, shame’ until they were arrested.”
On the way to B of A, they paused at Citi to scream at the walls. These are college students, acting like 2-year-olds throwing a tantrum. What does that tell you about their critical thinking skills–and about the standards of American higher education? The likes of the New York Times expect us to take such incoherent spasms of rage seriously as a political “movement.” What does that tell us about the standards of the liberal media?
Pretty much everything we need to know.
What Secretary Chu Was Unaware Of
A Dagger Pointed At Obama’s Reelection
JPet thinks that’s what Europe is.
Uptown Versus Downtown
A hilarious take on #OWS from a Daily Show reporter. As always with leftists, their lack of self awareness and a sense of irony comes to the fore.