Dateline: March 5, 2012
Unintended Consequences
For every government law hurriedly passed in response to a current or recent crisis, there will be two or more unintended consequences, which will have equal or greater negative effects then the problem it was designed to fix. (Read Full Story)
For every government law hurriedly passed in response to a current or recent crisis, there will be two or more unintended consequences, which will have equal or greater negative effects then the problem it was designed to fix. (Read Full Story)
As Predicted, Electric Cars Foundering: GM Shuts Down the Volt
So GM has halted Volt production and laid off 1,500 workers. Government Motors announced on Friday that it has temporarily suspended the production of GM Volts. (Read Full Story)
So GM has halted Volt production and laid off 1,500 workers. Government Motors announced on Friday that it has temporarily suspended the production of GM Volts. (Read Full Story)
A $5 TRILLION BILL
The government will spend more in interest over the next decade than it spends on Medicaid. (Read Full Story)
Life, Liberty & All That Jazz…
You Cannot Build a Strong Economy or a Bull Market on Fudged Numbers and Lipstick
Having spent this money, your next concern becomes avoiding popular outrage as sooner or later folks will find out that this money was practically given away and that everyone else got a raw deal…. (Read Full Story)
Subprime to the Rescue
Subprime lending is back, and it is creating headlines like: “February auto sales rise to highest level in 4 years.” That comes from a story last week from Reuters. Reuters goes on to say, “U.S. auto sales rose nearly 16 percent in February and the annual sales rate leapt to its best level in four years . . . For a second month in a row, sales surpassed even the most optimistic expectations. (Read Full Story)
Subprime lending is back, and it is creating headlines like: “February auto sales rise to highest level in 4 years.” That comes from a story last week from Reuters. Reuters goes on to say, “U.S. auto sales rose nearly 16 percent in February and the annual sales rate leapt to its best level in four years . . . For a second month in a row, sales surpassed even the most optimistic expectations. (Read Full Story)
