March 20th, 2009 Archives
Mar
Opinion without thought
by jon beebe in Thoughts
Too often we enjoy the comfort of opinion without the discomfort of thought — JFK
Mar
Slap us with our own money
by jon beebe in Thoughts
In a great statement my Elijah Cummings (via BBC) he explains exactly what the recent “bailouts” feel like to the general public. It’s funny. He is expressing the outrage the Senators feel over AIG’s treatment of the “free” money they received. The government, the very people who put this lame program in place, are getting a taste of their own medicine. In a way I’m glad AIG did this to them. Cause it’s exactly what the government did to us.
Democrat Elijah Cummings was equally incensed: “It’s like, OK, you got to help me screw you. And by the way I’m going to take your money and I’m going to slap you with it.”
Mar
Fewest homes built in 50 years
by jon beebe in Thoughts
In case you haven’t noticed, the economy is really slowing down. The BBC says that in January of 2009 there were only 477,000 new homes built in the US, the fewest in 50 years! At least February was better.
In January, the annual rate to fell to 477,000 homes, the fewest in 50 years…The January rate was the lowest since the US Commerce Department started keeping records in 1959.