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Entries Tagged as 'Economy and Business'

Christians pray for economic prosperity over golden calf

October 31st, 2008 · 2 Comments

(photo via Wonkette) You can’t make this up.  The 700 Club reports: In early August in her prayer time Cindy [Jacobs] heard the Lord say, “There will be no more business as usual.” Little did she know the scope of what this meant on a worldwide scale. God is on the move. She and many [...]

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Tags: Economy and Business · Religion

McCain now wants credit for killing the bailout package

October 11th, 2008 · 4 Comments

Paging George Orwell. Remember the bailout package that John McCain suspended his campaign over and breathlessly flew to Washington to rescue? He now wants credit for “blowing that package up.” On that Acorn call, McCain campaign manager Rick Davis also credited McCain with “blowing … up” the first bailout package when he suspended his campaign [...]

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Tags: Economy and Business · John McCain · Republicans

SNL’s solution to the financial crisis: FIX IT!

October 11th, 2008 · 5 Comments

Hilarious bit by Keenan Thompson Thursday night.  Skip to the 4:31 mark in the video. The “Really?!/Oh, my God, are you serious?!” bit at the 2:12 mark is pretty funny, too. Speaking of which, it can’t be overstated how much NBC sucks for not letting people chop up their clips and post them on YouTube. Nobody wants [...]

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Tags: Economy and Business · Entertainment

Obama strikes back at McCain: America, meet Charles Keating

October 6th, 2008 · 3 Comments

(Well, Warner, looks like you got your wish.) The Obama campaign is clearly not content to sit back and play defense while John McCain rehashes questions about Barack Obama’s past associations and Sarah Palin throws spitballs from the back of the class.  According to two exclusives this weekend by Politico’s Mike Allen, not only will Obama preemptively characterize all [...]

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Tags: Barack Obama · Democrats · Economy and Business · John McCain · Republicans

It’s the economy, stupid

September 30th, 2008 · No Comments

A blogger over at Daily Kos with a background in economics gives the best explanation I’ve read so far of the financial crisis, in a post aptly titled “I’ll speak very slowly.”  Here’s the short of it: The body = U.S. economy Arms and legs = different non-essential sectors (i.e. IT, energy, etc.) The heart = financial [...]

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Tags: Barack Obama · Democrats · Economy and Business · John McCain · Republicans · Sarah Palin

Bailout FAIL: Ideology before necessity

September 29th, 2008 · 2 Comments

I’ll be the first to admit that I don’t know enough about economics to have an expert opinion about whether or not the failure of today’s bailout bill to pass was a good thing, long-term.  But I think the largest single-day drop in the stock market speaks cleary to the short-term effect. Some kind of [...]

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Tags: Economy and Business

Tomorrow’s headline: Obama rejects McCain’s call to delay election

September 24th, 2008 · 1 Comment

The economic crisis and raw politics threatened to derail the democratic process as John McCain challenged Barack Obama to delay the November election and join forces to help Washington fix the financial mess. Obama rebuffed his GOP rival, saying the next president needs to “you know, get elected at some point.” Asked how long the election should [...]

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Tags: Barack Obama · Democrats · Economy and Business · John McCain · Republicans

Why McCain suspended his campaign and what Obama should do

September 24th, 2008 · 3 Comments

First, here’s why John McCain suspended his campaign today: ABC NEWS/WASH PO National: Obama 52, McCain 43 FOX NEWS National: Obama 45, McCain 39 MARIST Iowa: Obama 51, McCain 41 New Hampshire: Obama 51, McCain 45 Michigan: Obama 52, McCain 43 Ohio: Obama 47, McCain 45 Pennsylvania: Obama 49, McCain 44 FIVE THIRTY EIGHT McCain’s campaign is [...]

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Tags: Barack Obama · Democrats · Economy and Business · John McCain · Republicans

Beware the bailout e-mail hoax

September 23rd, 2008 · No Comments

If you receive this e-mail from someone named Henry Paulson asking you for $800 billion, delete it.

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Tags: Economy and Business

Train wreck economics

September 15th, 2008 · 1 Comment

I don’t know much about economics, but I do know who Lehman Brothers and Merrill Lynch are, and this news strikes me as, um, really bad.  If the media allows the McCain campaign to turn the national discussion of this week into something like lipstick and livestock, then America is in enormous trouble. This is where we’re at after eight [...]

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Tags: Economy and Business · John McCain · Republicans

The link Obama isn’t making

February 10th, 2008 · No Comments

People keep saying that a bad economy favors Hillary Clinton because people associate her with the surplus years we enjoyed during her husband’s administration.  First of all, this may not be true, as we saw from yesterday’s exit polls in Louisiana: Among the 15 percent of voters who had been affected by [Hurricane Katrina] and said they had [...]

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Tags: Barack Obama · Democrats · Economy and Business · Hillary Clinton · Iraq