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Economic News & Freemarkets

General Motors is Becoming China Motors

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US debt..in simple terms...

Chart of America's Welfare State

There was a little mentioned tangent to last Friday's very disappointing NFP print of +115,000 (driven by a surge in temp jobs offsetting a collapse in full time positions): as David Rosenberg notes, the jobs number was 

Illegals Claim Tax Credits for Kids in Mexico! Your Tax Dollars at Work!

At least 2 million illegal aliens are claiming tax credits for kids living in Mexico.  The government is doing nothing to stop them.  See the video here:

http://www.wthr.com/video?clipId=7054149&topVideoCatNo=103348&autoStart=true

Liberal Bias Starts in High School

All across the country, students are studying for Advanced Placement exams coming in the middle of May. Students in AP Economics are taught with Krugman’s Economics for AP by Margaret Ray and David A. Anderson, adapted from Paul Krugman and Robin Wells’ Economics (Second Edition).

The Great TARP Cover-Up

Some folks want to pretend government intervention never happened.

Democrats Joining G.O.P. on Pipeline

New York Times By Jennifer Steinhauer April 20, 2012 WASHINGTON

President Obama is finding himself increasingly boxed in on the Keystone pipeline fight as more Congressional Democrats are joining Republicans in backing the project, which has strong labor support and could generate significant numbers of jobs in economically hard-hit states.

'Children' of Government

Kid flailing on the store floor demanding you change your NO to a YES, embarrassed you cave and throw whatever in the cart, kid happy, wealth redistributed to the brainless. Kid has no clue the soon to be discarded gizmo just cost money that can’t be spent elsewhere.

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