Money & The Economy
News on Finance, Money, markets and the economy
Rebuttal of Ezra Klein’s and Dustin Siggins’s blatant lies
On November 20th, extremely liberal Washington Compost blogger Ezra Klein published a cretinous, completely wrong blogpost titled “The sequester’s defense cuts aren’t…
Read More »Rebuttal of Kingston Reif’s lies
On November 19th, AOL Defense published a litany of blatant lies about the nuclear triad’s utility and cost written by…
Read More »Let’s stop pretending that deep defense cuts can be done safely
In recent weeks, several organizations have put out proposals of various defense cuts which they claimed are informed by or…
Read More »Wal-Mart Whiners–30 Million Willing to Work Your Job
CBS New reported today on the Wal-Mart employees who plan to protest on Black Friday. You can read the whole article…
Read More »Last minute Twinkie talks fail – Hostess likely to go bankrupt
After a doomed attempt for a bankruptcy court to hold last-minute talks between the Baker’s union and the treat maker,…
Read More »Still Hope for the Twinkie!
Hostess Brands, maker of the Twinkie and Snowball, returned to bankruptcy court today prepared to begin liquidation of all assets.…
Read More »Uncertain of Congress, Walmart Moves Dividend Payment
Wal-Mart Stores Inc. moved its planned dividend into late December from early January to help its investors avoid a possible…
Read More »GDP Growth Manipulation
I have a friend, Tom, who is a 48-state big rig driver. He saw an increase in road construction just…
Read More »Apple doesn’t deserve your money
If you invest in individual stocks you will likely, or should, be steering clear of Apple (AAPL). Apple shares are now more…
Read More »The End of the Twinkie?
This could be it. The end of the Hostess Twinkie. Of course, those still in their packages may last forever,…
Read More »Jobless Claims JUMP to 439,000
First time unemployment claims took a flying leap this week. The jobless claims surged over 78,000 to a staggering 439,000…
Read More »Sandy not to blame for dismal jobs report
The AP reported today that this week’s terrible unemployment numbers were due to fallout from Sandy – the storm that…
Read More »Rebuttal: 10 myths about defense spending
The opponents of a strong defense are spreading many myths about defense spending to mislead the public and induce it…
Read More »Rebuttal of Sen. Coburn’s defense cuts proposals
Among the deepest, and most destructive, proposals of defense cuts made in recent years are those made by Sen. Tom…
Read More »The Stock Market: Three Days Post Election
FRIDAY 10:30 AM. The graph is obvious. Three days after the reelection of Barack Obama the stock market is still…
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