According to Bloomberg, Ben Bernanke and the Federal Reserve have pledged “to keep the main interest rate near zero for an “extended period” and confirmed that emergency measures to prop up the housing market will end as planned this month.”
Nancy Pelosi's archives
Swift Wits: Insurance Premiums Will Drop 3000 Percent!
under: Complete Whimsy, Federal Reserve, Obama Says
Tags: Barack Obama, ben, Ben Bernanke, Bloomberg, China, Chris Dodd, Consumer Financial Protection Agency, Fannie Mae, Freddie Mac, George Bush, gold, health insurance, healthcare reform, IMF, India, inflation, insurance premiums, interest rates, Larry Kudlow, Lewrockwell.com, Nancy Pelosi, stimulus package, too big to fail doctrine
Lies, Damned Lies and Statistics: The Wage Gap
The truth is that businesspeople discriminate in favor of the color green; money. Market economies discriminate mightily against those who discriminate. If it were true that men make approximately 33% more for the same work, companies that predominantly hired women would crush companies that predominantly hired men.
under: Game Theory, Individual v. Collective, Live and Learn, Trust
Tags: Denise Venable, discrimination, Equal Pay Day, Fair Pay Act, feminism, feministing.com, Free Market, gender socialism, income, James T. Bennett, Jessica Valenti, John Stossel, male-female differences, marriage, martial asymmetry hypothesis, materialism, Nancy Pelosi, National Center for Policy Analysis, part time jobs, racism, sexism, Thomas Sowell, trade offs, wage gap, wage gap myth, Warren Farrell
Swift Wits: Should We Sell Alaska to Pay Off Debt?
David Walker, the former comptroller general of the GAO, has said the United States is on pace for bankruptcy. Fiscally speaking, things look really bad. So what should we do? Well, real estate developer Aaron Bistons has an idea and a petition to back it up. Sell Alaska!
under: Complete Whimsy, Deficits, Individual v. Collective, Obama Says, Taxes
Tags: Aaron Biston, Alaska, auto industry, Barack Obama, cash for clunkers, Congressional Budget Office, David Walker, debt, debt clock, Deficits, General Motors, George Bush, Great Depression, Harry Reid, Joe Biden, Nancy Pelosi, Sarah Palin, Steny Hoyer, SwiftEconomics, Taxes, unfunded liabilities, unintended consequences, USA Today
Swift Wits: Stimulating Job Loss, Goldflation and the Volatile Chastity Market
The May numbers are out and the United States lost over 500,000 jobs last month. The Dow Jones may have rebounded some, but every liberal, and most conservatives, will tell you that just affects those evil rich people. Average folks are still losing their jobs despite bailout after stimulus after bailout, etc.
under: Live and Learn, Obama Says, Uncategorized
Tags: auction, bailout, chastity, Dow Jones, gold, inflation, job loss, Karl Marx, Nancy Pelosi, Natalie Dylan, New York Post, recession, stimulus package, TARP, unemployment
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