Would it help if we kept a list?
Reversal:The White House says that all those who thought they heard Obama say he would make changes to Social Security should have their hearing checked. The administration's suggestions to congress “will not include any changes to Social Security.” It will however, “include tweaks to Medicare and Medicaid”. Unless, of course, it doesn't.
Hints: A key official at China's central bank says “The incremental parts of our of our foreign reserve holdings should be invested in physical assets." Just for the record, US Treasury bonds are not “physical assets”. What's he have in mind? “We would like to buy stakes in Boeing, Intel, and Apple” And congressmen, they're always a good investment – ask Wall Street.
Poor Showing: A tad over 15% of Americans live in poverty, and 22% of US children live below the poverty line. You remember children, the ones that weren't going to be left behind?
Me Too, Or Ten: Citigroup, joining a growing number of banks looking for ways to suck more money out of their customers, will now charge $10 a month for accounts with less than a $1,500 minimum balance. Take X as the number of accounts at Citi – say a million or so, just to keep the math simple. That's $1.5 billion bucks that Citi gets to use for free, for every million customers... unless you chose to pay them to keep your funds at their fine institution.
Hoarders: Here's why unemployment is high and job formation low: non-financial US companies are sitting on over $2 trillion in cash that they can't find any good use for. They don't need new factories – there's no unmet demand for their stuff. They don't need more production, they certainly don't need more workers. Soon they will begin to feed on themselves.
Pros, Conning: The Democrats are accusing the Republicans of taking advantage of unfairly rigging presidential elections closer to a direct popular vote by - in Pennsylvania, as an example for other states under GOP control – by changing the apportionment of electoral college votes to gerrymandered Congressional districts, instead of winner-take-all for the state.
Smoking Gun: Scientists have now proven that 'Gulf War syndrome' – which affects about 25% of Gulf War veterans- is the result of brain damage due to exposure to sarin nerve gas. The reports do not suggest whose sarin was the culprit.
Porn O'Graph: Engulfed and devoured.