Tag: Bush’s Fubar Economy

Austerity is a Bitch

Filed in International by on July 2, 2010 • 21 Comments
Austerity is a Bitch

What president believed in his heart and soul that austerity was the answer to pull America out of its economic mess? Herbert Hoover. Don’t get me wrong, I’m not saying Hoover wasn’t a great man, he was just a shitty president. The work Hoover did in feeding millions of people during the Great War and […]

Continue Reading »

A Decade of Lost Economic Performance

Filed in National by on March 9, 2010 • 0 Comments
A Decade of Lost Economic Performance

From The Economist: The 2000’s were the worst decade for American economic performance since the 1930’s.
People often forget that Americans are among the hardest working people in the industrial world. These charts show how BushCo economic policy made sure that those hardworking people got a lot less in return.

Continue Reading »

The Aughts Were A Lost Decade — Part II

Filed in National by on January 3, 2010 • 2 Comments

Bloomberg notes that even though the 2009 stock market rally was pretty remarkable, it did not save investors from the single worst decade of returns. And that is the single worst since they’ve been collecting data:

Continue Reading »

The Aughts Were A Lost Decade

Filed in National by on January 2, 2010 • 24 Comments
The Aughts Were A Lost Decade

Continue Reading »

The Most Fiscally Irresponsible President In The History Of The Republic

Filed in National by on October 18, 2009 • 81 Comments
The Most Fiscally Irresponsible President In The History Of The Republic

Continue Reading »

Taibbi: Potentially Huge Decision On Mortgages In Kansas

Filed in National by on September 23, 2009 • 15 Comments

Matt Taibbi has a blog post up about a recent ruling in Kansas regarding foreclosure on mortgages. MERS is a middleman in the mortgage trading business, it would buy mortgages from banks and participate in bundling mortgages for the securities market. The Kansas Supreme Court ruled that MERS had no standing to foreclose on a […]

Continue Reading »

DelCOG Event — What Really Happened to the Economy

Filed in Delaware by on September 16, 2009 • 0 Comments

This is an announcement from a DelCOG that I received via email. I am going to try to go to this — it looks really interesting! ************************************************************************ Lecture and Panel Discussion Presented By Delaware Press Association & The Delaware Coalition for Open Government “WHAT REALLY HAPPENED TO OUR ECONOMY: The Consequences of Not Knowing” Keynote […]

Continue Reading »

Heckuva Job Bushie!

Filed in National by on September 11, 2009 • 23 Comments

The median income in the U.S. decreased from 2007 to 2008. The U.S. Census Bureau announced today that real median household income in the United States fell 3.6 percent between 2007 and 2008, from $52,163 to $50,303. This breaks a string of three years of annual income increases and coincides with the recession that started […]

Continue Reading »

How You Make a Trillion Dollar Deficit

Filed in National by on June 11, 2009 • 45 Comments
How You Make a Trillion Dollar Deficit

…and then try to blame Democrats for it. This is simply fantastic analysis from David Leonhardt from the NYT tracing how the US got to trillion dollar deficits, that you should all bookmark and refer to when the usual suspects show up to pretend that the sky just started falling on Jan 20, 2009. Especially […]

Continue Reading »

Quote of the Day

Filed in National by on March 31, 2009 • 1 Comment

From Paul Krugman’s op-ed on Friday. But the wizards [Wall Street] were frauds, whether they knew it or not, and their magic turned out to be no more than a collection of cheap stage tricks. Above all, the key promise of securitization — that it would make the financial system more robust by spreading risk […]

Continue Reading »

The Economy Is Tough All Over

Filed in National by on March 19, 2009 • 0 Comments
The Economy Is Tough All Over

h/t Japanator

Continue Reading »

Great Depression Cooking

Filed in National by on March 15, 2009 • 2 Comments

Ninety-one year-old great-grandmother Clara, a first-generation American from Chicago, shares recipes her mother made during the first Great Depression as well as many stories of the times in Great Depression Cooking with Clara. Below, learn how to make Clara’s mother’s Pasta with Peas.

Continue Reading »

Tent City

Filed in National by on March 13, 2009 • 7 Comments

Hey winguts, they’re not camping! Watch this slideshow as well.

Continue Reading »

Next Page »