What type of liberal are you?
UPDATED: Confirmation that the voters made a bad choice
Steve Earle – Christmas in Washington
This smells fishy….and not in a good way
So did you?
Drinking the Kool-Aid
The Official Bush Recession
The NBER has confirmed what many financial types have been presuming is true for awhile — the current recession started in December 2007. From the Determination of the December 2007 Peak in Economic Activity:
The Business Cycle Dating Committee of the National Bureau of Economic Research met by conference call on Friday, November 28. The committee maintains a chronology of the beginning and ending dates (months and quarters) of U.S. recessions. The committee determined that a peak in economic activity occurred in the U.S. economy in December 2007. The peak marks the end of the expansion that began in November 2001 and the beginning of a recession. The expansion lasted 73 months; the previous expansion of the 1990s lasted 120 months….