Finances
Simple Math
National debt: $13,872,907,209,101.48 according to the US National Debt Clock as of 21 Dec 2010 at 11:52:51 PM GMT. Number of people: 308,745,538 according to the US Census. Lessee… carry the one… and voila! Your share is $44,933.14.
Read Full Post | Make a Comment ( 3 so far )Making It Up
The US Labor Department released unemployment figures this morning that beat expecations. The figures released, though, were just made up. Nine states, including California, did not report numbers due to the Labor Day holiday. From Bloomberg, For the latest reporting week, nine states didn’t file claims data to the Labor Department in Washington because of [...]
Read Full Post | Make a Comment ( None so far )My Tax Burden
Would you like to know why the US economy is about to take a nosedive yet again? It’s because people will have less to spend. A *lot* less. Check out MyTaxBurden.org. Plug in fictitious numbers if you want. Then press the “Calculate” button and see how much more in taxes you’re about to spend next [...]
Read Full Post | Make a Comment ( 5 so far )Fourth Quarter GDP Growth Soars 5.7 Percent
Fourth Quarter GDP Growth Soars 5.7 Percent. Or at least, that’s what the news media and the government would have us believe. Yippee, the recession is over. Except I don’t believe it. I see no evidence of it. I think I’m being lied to. Do you believe what you’re being told?
Read Full Post | Make a Comment ( 4 so far )Stimulating Toads
Image via Wikipedia A plague of frogs is coming, funded by the US Government: the Wyoming Toad Recovery Program. I’m hoping for a Locusts Recovery Program next.
Read Full Post | Make a Comment ( 7 so far )Finally, A Cure for Financial Woes
Finally, a financial strategy that makes sense. FOUR extra ravens are being drafted into the Tower of London because of the financial crisis — to prevent a 350-year-old curse coming true. My suspicion, though I’m unable to confirm it, is that in order to reduce labor costs, either fewer ravens were used or an inferior [...]
Read Full Post | Make a Comment ( None so far )Bailouts and Earmarks
As we all know by now, Congress failed to pass the Bailout Bill on Monday for $700 billion (a number, apparently, the US Treasury just made up). If they pass it, they saddle taxpayers with the debt and socialize the banking system. If they don’t pass it, they tell us civilization will end as we [...]
Read Full Post | Make a Comment ( 4 so far )Mortgage Meltdown
Image via Wikipedia I had been thinking this, but hadn’t seen anybody writing about it. Sub-prime mortgages have led to a financial crisis. The blame for sub-prime mortgages generally get laid on the greed of the mortgage bankers, but is that all there is to it? Twenty years ago I remember the push to get [...]
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