Posted on December 17, 2009 by mrk202
Yesterday we passed our Constitutional imposed debt limit of a paltry $12.1 trillion. A spokesman for the US Treasury said they have some mandate to float the debt within $150 billion of the limit in a crisis. This basically means that they can do whatever the hell they want, including making the country insolvent. Now [...]
Filed under: Congress, Elitism, Finance, Healthcare, Money, Obama, Politics | Tagged: 12 trillion, Bankrupt, Congress, debt, Healthcare, national debt, Obama | Leave a Comment »
Posted on December 15, 2009 by mrk202
Sorry for the long delay between posts. Here are our 5 current thoughts: 1. Obama’s approval according to a new Rasmussen poll has hit a historical low at 44%. Here are a few reasons why it should hover around the 50% barrier for the near future: Obama’s pledge to fight the war in Afghanistan has [...]
Filed under: Corruption, Economy, Finance, Healthcare, Money, Music/Entertainment, Obama, Politics, Sports | Tagged: Berlusconi, golf, harry reid, Healthcare, italy, Obama, senate, Tiger Woods, Woods | Leave a Comment »
Posted on October 29, 2009 by mrk202
Have you all heard? The recession is officially over! Well, that’s what the politicians want you to think. Even with 10% unemployment, forthcoming inflation, and a worthless currency, we had positive GDP growth last quarter, so hey, all is good! Over the next few months you will hear a lot of talk from Obama and [...]
Filed under: Big Government, Congress, Economics, Economy, Global Warming, Liberalism, Money, Politics | Tagged: Congress, Economics, Economy, GDP, Global Warming, Healthcare, Liberals, Obama, Pelosi, recession, Spending | Leave a Comment »
Posted on October 13, 2009 by mrk202
Leave it to a guy who actually runs a billion dollar business to put the government in its place…
Filed under: Big Government, Economy, Money | Tagged: chris wallace, Economy, Fox News, Jobs, las vegas, michigan governor, steve wynn, unemployment | Leave a Comment »
Posted on October 1, 2009 by mrk202
The Wall Street Journal just did a poll and asked “six of the nation’s leading experts to rank the 10 U.S. cities they see as most likely to emerge as ‘youth magnet’ cities after the recession–popular target destinations among young, college-educated, often single people setting out to start a career, find a mate or both.” [...]
Filed under: Big Government, Economy, Money | Tagged: Big Government, bureacracy, new york city, Obama, Wall Street, Wall Street Journal, washington dc | Leave a Comment »
Posted on August 26, 2009 by mrk202
This opening paragraph in this AP article says it all: In a chilling forecast, the White House is predicting a 10-year federal deficit of $9 trillion — more than the sum of all previous deficits since America’s founding. And it says by the next decade’s end the national debt will equal three-quarters of the entire [...]
Filed under: Big Government, Congress, Economics, Finance, Money, Obama | Tagged: Budget, budget deficit, bureacracy, Deficit, Economics, Economy, Finance, Healthcare, Inflation, Money, Obama, Spending, Taxes, unemployment | Leave a Comment »
Posted on June 11, 2009 by mrk202
An adviser to Treasury Secretary Geithner, Gene Sperling, stated in prepared testimony this morning that compensation practices “must be better aligned with long-term value and prudent risk management at all firms, and not just for the financial services industry.“ “Not just for the financial services industry” is the key phrase in this sentence. We totally [...]
Filed under: Big Government, Finance, Investing, Left Wing, Liberalism, Money, Obama | Tagged: CEO, Economy, executive pay, Finance, Liberals, Obama, pay, sperling, Tim Geithner, treasury, Wall Street, war on business | 1 Comment »
Posted on May 30, 2009 by mrk202
Will Monday signal the end of American capitalism and free markets as we know it? As we have pointed out since Tzar OBama took office just a few months ago, he has pushed this country’s economic system from capitalism to marxism at a break neck speed. On Monday General Motors will file for Chapter 11 [...]
Filed under: Big Government, Economy, Finance, General Motors, Left Wing, Liberalism, Money, Socialism, Taxes | Tagged: bankruptcy, Cars, Economy, Finance, General Motors, GM, Marxism, Obama, Socialism | Leave a Comment »
Posted on May 29, 2009 by mrk202
Our buddy Neil Cavuto had an awesome post today on the “pungent” odor of the value added tax. This is so good it deserves to be framed and hung in the oval office. So we had to share this with everyone: What began as an odor only the rich could sniff has spread to an [...]
Filed under: Economics, Elitism, Liberalism, Money, Taxes | Tagged: Elitism, Fox News, Liberals, neil cavuto, Spending, Taxes, value added tax | Leave a Comment »
Posted on May 27, 2009 by mrk202
According to the Washington Post, some people in Washington, most notably Rahm Emmanuel, are spearheading an effort to put a VAT (value added tax) in place. For anyone who has traveled to Europe, this is the exorbitant sales tax that is added to every purchase, from a gallon of milk, to a new car. And what [...]
Filed under: Big Government, Economics, Economy, Europe, Finance, Liberalism, Money, Obama, Socialism, Taxes | Tagged: Emmaneul, Europe, Healthcare, Obama, rahm, Socialism, Taxes, universal healthcare, VAT, Washington | 2 Comments »
