Tuesday, June 22, 2010

SAR #10173

It's a good plan, except for the specifics.

Yuan Fries With That?  China's messing with the yuan's value was met with an early wave of joy, followed by a reality check.  Dow was flat for the day, NASDAQ was down 1%.   Salvation turned out to be a few fries short of a Happy Meal.

Food For Thought:  “Drilling two more relief wells might only result in creating two more oil spills.”

Striking the Strikers:   British business leaders want the government to pass laws to prevent labor unions from effectively showing their displeasure at the massive cuts in wages and benefits business and government intend to impose under the pretense of strengthening the economy.

Apples, Oranges:  Louisiana's Republican Governor Bobby Jindall has gone to court to block the federal government from banning deep sea oil drilling, using as part of his argument the fact that airlines were only grounded a few days following 9/11.  Usual prize for anyone who can explain the logic of this.  Meanwhile, next door in Mississippi. Republican Gov. Barbour said that a moratorium on deepwater drilling was worse than BP's oil spill.

C'mon Down:  “It has been a great weekend to be here in Gulf Shores and Orange Beach.  Our weather has been perfect and our oil impact has been less this weekend...  We still have that precautionary swim advisory.” Alabama tourism promotional ad.  And you can use the oil as a self-applying sunscreen.

Stunner!   Some clever folks have figured out that back in the Reagan administration the government integrated Social Security into the budget in order to make the deficit look smaller.  Then it raised Social Security taxes far more than needed so the politicians could spend the excess income.   Hard to believe those nice men were so devious.   Hard to believe you didn't already know this too.

Recycling George Carlin:   The story of a society is told in the stuff it discards.

Once More:  "As bad as it sounds, ultimately we do have to sometimes accept a wage that's less than we had at our previous job in order to get back to work and allow the economy to get started again... I think the issue is bigger than unemployment benefits. It's all about priorities, what is the priority.”  Mr. Paul's priority is obviously not the unemployed worker.


Dink said...

Re: Jindall/Barbour

Unconditional loathe. Their confidence in the unbridled ignorance and misanthropy of their constituancy is depressing

Anonymous said...

Re: Once More

I guess poor Rand Paul doesn't know that most blue collar workers have been doing this over and over for a few decades now.

"If voting changed anything, they would make it illegal". -Emma Goldman