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GOP decides ‘It’s the economy’ for 2010 Leaders plan to zero in on anxiety, unemployment as key to momentum I have to laugh. The GOP, (the party that engineered the economic meltdown, remember?), is counting on the gul…
Sorry - I have been busier than a one legged person playing Dance Dance Revolution.FOX News OK - so my search for relevance on the FOX News web site has died stillborn. I found almost nothing there that has to do with t…
Too Stupid to Succeed...

I know, this is a blatant play on "Too big to fail", but I could not resist. I was listening to NPR interviewing Paul Ryan on the GOP's "Budget", (it is in quotes because it is not a budget, just a place holder for a bu…
'If you had a pulse, we gave you a loan' Inside the fiasco that led to the mortgage mess and Countrywide's collapse A very interesting look at the causes of the problem, from lying borrowers to greedy lenders to moronic …
What Did They Expect?

U.S. downturn dragging world into recession Report says global economy will shrink for first time since 1940sThe U.S. economy was the engine that drove the world economy. The effort to "globalize" the economy was driven…
A Balance Sheet Recession?

This is an interesting concept and one that seems to fit the bill almost perfectly.Basically, the collapse of the financial markets has left business' with large holes in their balance sheets. These business, if they kn…
Figures don't lie, (but liars can figure)

From the department of bad news reporting comes this story...Road to riches ends for 20 million Chinese poor They talk about the hardships of one Chinese family who started off as farmers, moved to the citiy during the "…
Zombies Are Among Us!

The original bailout attempt, TARP, has had an interesting effect. It has created zombies. What are zombies? Zombies are undead creatures that live off the flesh of the living. In the case of a zombie bank, the bank…
Fashion Sense?

Crash breaks woman's record-length fingernails She loses 28 feet worth when she's ejected from SUV in accident Hrmm... Consider this. The only way she could have been "ejected" is because she couldn't fasten her seat be…
Coffee and Stupidity

Banks blame government for lack of lending Capital requirements, intrusive regulators slow flow of credit, they claim I love this one, the banks... you know... the guys who were intsrumental to this whole mess because th…