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Archive for the ‘economics’ Category

all I have to say is that it’s NEVER, EVER, EVER that bad…

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Palin wants to talk about her energy policy in Alaska instead of talking about helping people stay in their homes..

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Obama responds to a charge from McCain that he’s giving enormous breaks to the oil companies..

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McCain sends a shout out to Ted Kennedy in his opening remarks. WTF shouldn’t he be talking about where HE stands on the bailout..ok..ok he’s getting to it..he’s not looking at the camera..oh..he wants to create jobs and eliminate our dependence on foreign oil..

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 At his final  G8  summit in Japan, George Bush, the President and leader of the most powerful nation in the world and the nation with the biggest responsibility TO the world (since we consume 25% of the world’s resources) told world leaders as he left the summit, right after rejecting global climate change targets,  with a smile [...]

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And I’m glad to hear Obama say that as well but he thinks that the job loss and low wages are due to economic forces and the resulting consequences of the economic downturn that have not been adequately dealt with by the government.
Hillary blames the job loss on business people who exploit illegal and legal [...]

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Listen to Huckabee talking about the rebate benefitting China more..he’s right kind off..more later..
He’s talking about using infrastructure projects to generate revenue…good idea..kind off..

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Tonight the three, but really two ’cause Edwards really is a non-entity, Democratic candidates meet in South Carolina for their last debate before the South Carolina primary on Saturday.
I don’t expect any major controversies and I don’t think Hillary or Barrack will go after each other tonight, it’s Martin Luther King day for goodness sake to go after each other TONIGHT [...]

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This is bad. Along with the bad jobs report, the unemployment rate rising to 5% and all of this occurring in these first few days of year this does not augur well for the rest of the year.
I don’t even think with an interest rate cute we will be able to avoid a recession…

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Oil prices hit $100 a barrel briefly today before falling back.
If oil prices continue to rise and we see sustained oil prices at $100 a barel in the short term this is going to mean higher gas prices for me and you and higher heating oil prices in the long term higher prices across the board for every day items. I [...]

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