© Tom Tomorrow The last week or so was a heck of a fail. The Media is at the top of my list, who seem to have changed from making fun of blogs and other social media, to just repeating stuff they find on the internet verbatim with no fact checking what-so-ever. And how tone […]
Conservatives keep screaming that we have to cut spending in order to reduce the national debt, claiming that the high debt is what is causing the economy to stagnate. Never mind that some spending (cough, military) somehow seems to be exempt from this rule. But now there is new evidence of the bankruptcy of their […]
A lot. Want proof? Just look to California. People like to think of California as uber liberal, but it really isn’t. After all, it is the home of Orange county (one of the most conservative places in the US), was the state of Reagan and Nixon, the birthplace of modern religious conservatism, and it fired […]
© Matt Bors I don’t know why, but every time something financial keeps going up and up, despite there not being any particular reason for it doing so, I keep thinking that it is just another economic bubble about to burst. Have I really become that jaded? Or am I just one of the only […]
[Before you think I’m against minimum wage laws (I’m not) and complain in the comments, read the whole post.] An article in the Huffington Post points out something that I think should be obvious to all businesspeople, but apparently isn’t. The article is about Costco CEO Craig Jelinek, who recently came out in favor of […]
Business Journals seem to be publishing articles that are downright liberal recently. One interesting example is this article — “The four business gangs that run the US” No, two of them are not the Democratic and Republican parties. We’re talking about the gangs with real power. Here they are: Military-industrial complex – Fifty years ago […]
Finally! Score one (and a big one) against patent trolls. Newegg, an online electronics retailer, has won their patent appeal against Soverain Software. Soverain is a patent troll, a company that has never produced anything, but has managed to extort millions of dollars against companies including Amazon and The Gap, and was in the process […]
If you wonder why no bankers ever went to jail for rampant criminal behavior that almost destroyed our economy, watch PBS Frontline explain it in a way that is so clear it is frightening. This is an almost hour-long show, but everyone should be required to watch it. If we don’t learn from the past, […]
One hopes that this segment by Jon Stewart was the reason AIG decided to not sue the US Government for $25 billion: Well, I guess unbridled greed does have at least one limit — public embarrassment.
© Ruben Bolling I’m not totally sure if the originators of the idea of the US minting a trillion dollar coin were serious, but a former head of the US mint claims that the idea would work and would be totally legal. Then for an added twist of irony, Fox News once again shows that […]
Congress acted slightly after the last minute tonight, with the House voting to approve legislation to avert the so-called fiscal cliff. Taxes will not go up on families earning less than $450,000. But the whole point of the “fiscal cliff” was so that Congress would be pressured into dealing with the long-term deficit. Which they […]
© Jeff Stahler Today is the last day to avert going over the “fiscal cliff”. Whee!
Great (and short) blog post from George Takai — “Tax Me, Please“.
© Matt Bors Will politicians take a sound bite out of the $#!* sandwich?
From Michael Grunwald in Time Magazine. Finally someone called them out on this: It’s really amazing to see political reporters dutifully passing along Republican complaints that President Obama’s opening offer in the fiscal cliff talks is just a recycled version of his old plan, when those same reporters spent the last year dutifully passing along […]
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