In case you hadn't heard, Bachmann won. Ron Paul pulled a surprising second, and he had twice as many votes as the third-place candidate, Tim Pawlenty. This was such a disappointing outcome for Pawlenty, that he dropped out of the presidential race. Mitt Romney did not take part in the straw poll; neither did Texas governor Rick Perry, who announced … Read More
11th Circuit Rules That Obamacare is Unconstitutional
A three-judge panel on the 11th Circuit Court of Appeals concluded that the individual mandate exceeded congressional authority under Article I of the Constitution because it was not enacted pursuant to Congress's tax power and it exceeded Congress' power under the Commerce Clause and the Necessary and Proper Clause. It was a split decision, with one judge dissenting. This, of … Read More
Dow Up 500
About time. UPDATE: If it stays where it is now (above 500), it'll be the 4th largest singel-day gain in the Dow in Wall Street history. UPDATE #2: Some end-of-the-day selling caused it to close at 423. Not bad.
Rebecca Black Sings “Friday” Live On TV (Your 15 Minutes Are Up, Hon)
Proof that she really doesn't have talent
And A Mormon Just Believes!
Polygamist leader Warren Jeffs has been sentenced to life in prison for sexually assaulting two underage followers he took as brides in what his church deemed "spiritual marriages." In all fairness, he's not a member of the Church of Jesus Christ of Latter Day Saints (aka "the Mormon Church"), but an offshoot of that church: the Fundamentalist Church of Jesus Christ of … Read More
CNN Poll Shows That The Debt Crisis Debacle Hurt The GOP
Democratic Party: Favorable 47%, Unfavorable 47% Republican Party: Favorable 33%, Unfavorable 59% The last poll before this one was from July 20th when the numbers were Dem: Fav: 45%, Unfav 49%GOP: Fav: 41%, Unfav 55%
Comments From God’s Blog
UPDATE: Pretty pleased with what I’ve come up with in just six days. Going to take tomorrow off. Feel free to check out what I’ve done so far. Suggestions and criticism (constructive, please!) more than welcome. God out. COMMENTS (24) Not sure who this is for. Seems like a fix for a problem that didn’t exist. Liked it better … Read More
Get Ready To Tumble
That's what the headlines are saying right now about the stock market, which opens in ten minutes (as I write this). And why? Because late Friday, S&P did the unthinkable: the downgraded the ratings of U.S. T-bills. First of all, let's take this moment to note that S&P is one of the big three ratings agencies who continued to give … Read More
Controversy of the Day
In video one, a Central Park horse gets tired and/or trips. The woman rider freaks out. Question: Was she over-reacting? In video #2, the same woman sees that the horse is back in the carriage line, having returned to work. Again, she freaks: Question: Is the woman right to be concerned about the horse? I'm siding with the … Read More
Good Jobs News, At Least
Better-than-expected job growth last month… and in the private sector, too (154,000 private-sector jobs in July, with employment growth in healthcare, retail and manufacturing, even as the government sector cut 37,000 jobs). Unemployment droped from 9.2 to 9.1%. Not out of the woods by a long shot, but at least it was positive news.
Conservative David Frum Chastises The Right Wing
He's seeing how his own side just obfuscates the truth: Further to yesterday’s post about the respective economic acumen of the Wall Street Journal editorial page vs. Prof. Paul Krugman: My conservative friends argue that the policies of Barack Obama are responsible for the horrifying length and depth of the economic crisis. Question: Which policies? Obama’s only tax increases – those contained in the Affordable … Read More
I Call Shenanigans
In Vermont: BARRE — Despite a smaller-than-expected turnout, a Vermont group unofficially qualified for the Guinness Book of World Records on Sunday by playing the longest baseball game. Organizer Bobby DeAngelis of Rutland said the teams played for 200 innings, totaling 48 hours, 32 minutes and 45 seconds at the Barre Recreation Field. The mark of 48:09:25 was set by … Read More
Not Feeling The Economic Pain
As of this writing, the stock market is down 225 points today. And my retirement? $7,000 flew out the door last month. But all is not sad news: The rich are (almost) spending like it's 2006 Luxury goods are flying off the shelves, even with the economy staggering Nordstrom has a waiting list for a Chanel sequined tweed coat with … Read More