August 6th, 2011
You are browsing the archive for August 6th, 2011.
On Sustainability.
“Sustainability” is something of a corporate fad. Shell Oil has a sustainability policy. So does ExxonMobil. Dow Chemical. Walmart. Mattel. Even Ben and Jerry’s has a sustainability policy. Even though “sustainability” may be interpreted differently in different companies, sustainability is something that corporate boards have come to expect of their managements. Is it too much [...]
Obama’s ‘Trillion-dollar deficits for years to come’ catches up with us
By now you have no doubt heard the “unprecedented” news that Standard & Poor’s downgraded the long-term sovereign credit rating on the United States of America From AAA to AA+. President-elect Obama warned us when he predicted “trillion-dollar deficits for years to come.” You have also seen the Liberal/Progressive left try to blame the downgrade [...]
Tech at Night: A deregulated Internet creates jobs, Microsoft answers Google attacks, Lee and Cornyn speak up
The free market of Internet access, driven by constantly improving technology and heightening competition, is a driver of job creation and economic growth. Even Julius Genachowski, Obama’s FCC Chairman, has to admit that. This is just one reason we fight FCC power grabs. So when the government starts talking about new regulations in emerging fields [...]
Only the Tea Party Had a $4 Trillion Plan
Read this: Here was the question to S&P exec John Chambers, and his reply: Q: “There’s been a figure of $4 trillion dollars circulating as an example of the scope of fiscal consolidation measures that could work to stabilize the U.S. debt-gdp ratios. Could you explain how that figure was arrived at since it was [...]
Left Rushs to Blame the GOP for S&P Downgrade
The S&P has downgraded American credit from AAA to AA+, the first time in history. The left is scrambling to blame the GOP for this and is fixated on one paragraph Compared with previous projections, our revised base case scenario now assumes that the 2001 and 2003 tax cuts, due to expire by the end of [...]
VIDEO: Jobs, Jobs, Jobs
Three years into this presidency, and Obama wants us to celebrate because unemployment dropped 1/10th of a percent. As has been pointed out here and elsewhere, the numbers are nothing to write home about and are more reflective of people getting out of the workforce than any kind of improvement in job conditions. With all [...]
Ron Johnson’s Blue-Slipping of Joe Biden’s Victoria Nourse.
Let me tell you a tale of the incompetence of Vice President Joe Biden. Trust me, this one is even better than usual. Once upon a time, back in the days when Joe Biden was a bad Senator instead of a bad Vice President, he had a staffer named Victoria Nourse. Ms. Nourse’s major claim [...]
Is Jon Huntsman Loyal to Anyone?
I had a brief chuckle yesterday when someone sent word that the biggest loser on the NYSE yesterday was Huntsman’s company. There’s a metaphor in there somewhere. But today comes to bits of information that should give people pause to think about just who Jon Huntsman is. I realize a lot of people don’t get [...]
Roundup of the Unemployment Numbers
For those who are interested in the wonky numbers of the unemployment report, here is a brief presentation of some of the more ominous figures. The latest unemployment report shows that we are living through the quintessential Keynesian economic recovery. We are not shedding more jobs at a terribly fast pace, but, instead of adding [...]
