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Fed Slowing Economy

Watch out everyone. The chances of recession have risen recently. Here’s the New York Times on the Fed minutes in which a slowdown was discussed: Fed Minutes Show Fears of Slowing Economy The odds of a recession next year sometime have increased. The biggest source of danger is the over-extension of bad mortgage loans by banks […]

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Rumsfeld is an Idiot

Dear old Rummy. Remember him? He’s the one who sent us into Iraq undermanned, underplanned, and underarmored. Well he’s re-emerged as the hit man for the Bush regime’s last gasp at making us all scared. He says that we shouldn’t appease the “Islamofascists”. The New York Times has his comments here: Rumsfeld Lashes Out at […]

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Budget Woes

This analysis, by the Center on Budget and Policy Priorities, highlights the hole the Republicans have dug for us over the past few years: Budget Deterioration from 2000-2006 One of the Largest Ever The deterioration in America’s budget is both startling and historically huge. Yet the public rarely focuses on it. The year on year […]

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