The State of the Union: Not As Bad As It Could Be…

Jan 28, 10 The State of the Union: Not As Bad As It Could Be…

Posted by in Recession Opinions

At times funny, at times biting, and often self-congratulating, Mr. Obama’s State of the Union speech was a reminder of how his administration brought us back from the brink and how he hopes to help us achieve those soaring heights that seem ever so distant. Mr. Obama was not shy about taking credit for staving off a financial...

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Cowards In Congress

Dec 21, 09 Cowards In Congress

Posted by in Recession Opinions

Well, we at STR have not been as active as of late.  Holidays, family obligations, and exciting new ventures have kept us running around like headless chickens. However, I have still been diligently following this sham of a healthcare debate, or should I say debacle.  I told yall so.  President Obama and his merry band of...

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Is The Stimulus Plan Working?

The news from throughout the country has been discouraging.  Unemployment hit 9.5%, while real unemployment hovers around 16.5%.  Over two million jobs have been lost since Mr. Obama took office.  Foreclosures are rising, while economists expect 1.5 million people to file bankruptcy this year.  Many states are facing severe...

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Mixed Reactions From G-20 Summit

Apr 07, 09 Mixed Reactions From G-20 Summit

Posted by in News

While there were no definitive breakthroughs for Mr. Obama, and a few diplomatic faux pas, he was able to coax some concessions from the world leaders at the G-20 summit.  The leaders at the G-20 agreed to bail out developing countries, inject over a trillion dollars into the IMF, and impose stricter regulations over financial...

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Misplaced Economic Outrage

Boo hoo!  AIG paid their top executives $160 million of our hard earned tax dollars and we are supposed to be up in arms about it.  Maybe you are genuinely pissed about this issue; and maybe it’s a way to rile up the Joes to get a free drink at the local pub. Either way, I am quite bored by the grandstanding from...

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While Obama’s Rhetoric Soars, His Plan Comes Up Short

My favorite economist thinks President-Elect Obama’s proposed economic stimulus plan is insufficient.  Paul Krugman writes in today’s New York Times, “The economic plan he’s offering isn’t as strong as his language about the economic threat.  In fact, it falls well short of what’s...

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