Coast Guard Told Public Not to ‘Fixate’ On Rate of Spill While Sitting On Video videos show more clearly than ever how BP, with little resistance from the Coast Guard or other federal agencies, kept the public in the dark about just how bad things were beneath the surface of the Gulf of Mexico. With […]
by Bruce Webb High on the list of tasks mandated of the Obama Deficit Commission is to get the deficit down to 3% of GDP by 2015. Unfortunately for them they have set up a situation where they can’t move that number via cuts to Social Security, if anything such cuts more one of their […]
The employment report was basically more of the same and was very discouraging.Even though the headline number reported a large 431,00 increase in employment, most of this was temporary Census jobs. Private employment only increased 41,000, significantly less than in the previous few months. The unemployment rate fell, but that was just as much a […]
by Mike Kimel Help!!!! The publisher has put together some Advance Reading Copies of Presimetrics. They’re bound-up versions of the book usually sent out to media for an advance read on the book. Obviously, they’d like my co-author and I to get them into the hands of the most influential people possible for them to […]
Tom aka Rusty Rustbelt Federal Government Stupidity – Part 2Part 2 of an occasional series When Verizon wanted to merge with Alltel the feds allowed the merger but created a bizarre and weird system that disallowed most Verizon stores from servicing Verizon customers. How this increases competition eludes me. So my son is traveling and […]
by Beverly Manncrossposted with The Annarborist The BP Oil Leak and Tea-Party/Business-Republican Politics “The only good news from the oil spill is that when catastrophe strikes, even some hard-line conservatives, like Gov. Bobby Jindal of Louisiana, start begging for the federal government to act, and act big. It’s the crunch moment for government to make […]
by Tom aka Rusty Rustbelt Federal Government Stupidity – Part 1Part 1 of an occasional series The “war on drugs” isn’t working so well. But fear not, the Drug Enforcement Administration (DEA) has a clever plan to stop the flow of illegal drugs. The DEA is harassing nursing home nurses who take oral narc orders […]
Which view of the stock market to you take? On the one hand there is the fundamental interest rate, inflation approach. It says that the market overreacted to the two shocks of Greece and Deepwater Horizon and is now cheap.The S&P 500 PE on trailing operating earnings is now 16.5, and according to the traditional […]
by Mike Kimel Economic Growth Rates, The President’s Party and the Party that Controls CongressCross-posted at the Presimetrics blog. This post looks at economic growth rates by President and party. However, it also looks at how that growth rate is affected by which party controls Congress. (This is a topic covered in a lot of […]