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26 Jan 2011 13:35

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U.S.: The high cost of unfunded tax cuts

  • $1.07 trillion could have been our deficit in 2011 source
  • » Not to belabor the point: The extension of the Bush-era tax cuts, which the President hashed out with Republicans, was a compromise granted to a political party that claims to be concerned about the deficit. You might therefore think the deal wouldn’t staggeringly increase the deficit, but you’d think wrong. This news will invariably be spun into another story about reckless liberal spending, but remember: this was the war trophy the Republican Party got out of the President, unfunded expenditure be damned.
Posted by Chris Tognotti • 1 Comment • Permalink

26 Jan 2011 13:19

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Offbeat: Canadian woman earns first ever degree in Beatles studies

  • I am so proud of my achievement.
  • Mary-Lu Zahalan-Kennedy • The former Miss Canada finalist graduated from Liverpool Hope University with a Masters degree in Beatles studies. “Beatles, Popular Music and Society” was the first ever such course to offer such a degree, making Zalahan-Kennedy the world’s first collegiately accredited Beatles expert. source
Posted by Chris Tognotti • 0 Comments • Permalink

26 Jan 2011 11:17

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Biz: Housing numbers: Prices, sales on the up-and-up right now

  • 17.5% jump in single-family home sales source
  • » Oh, and home prices are on the up, too: Good news, everybody. The housing market appears to be improving – home prices are at their highest since April 2008, and sales of single-family units are at their highest in eight months. This is a fundamental suggestion that the recovery seems to be gaining wings. But will it last? It seems like just yesterday we were talking about the anger of a double-dip.
Posted by Ernie Smith • 0 Comments • Permalink

26 Jan 2011 11:06

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U.S.: Party-poopin’ CBO: Our deficit will jump significantly in 2011

  • $1.48
    trillion     the expected deficit the CBO says we’ll have at the end of the 2011 fiscal year
  • 14%
    increase     the expected jump in the $1.3 trillion deficit from 2010’s fiscal year (ended Sept. 30) source
Posted by Ernie Smith • 0 Comments • Permalink

26 Jan 2011 10:55

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Politics: Video proof: Paul Ryan wasn’t red-eyed during SOTU response

  • The video quality here is fairly crystal-clear, and one big difference we noticed between what we saw between what we watched last night and the clip we saw today is that Ryan didn’t really need Visine. It was all bad lighting, guys. But there were other issues with the speech, as Dave Weigel makes clear at the link over here: source
Posted by Ernie Smith • 0 Comments • Permalink

26 Jan 2011 10:48

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Politics: Michele Bachmann: True GOP dissent or propping herself up?

  • She was very much the schoolteacher, slapping Obama on the wrist for not solving these problems, and speaking as if the difference of opinion was the result of a lack of awareness of the reality of the situation.
  • The Daly Caller’s Alexis Levinson • Offering a take on Michele Bachmann’s staring-off-into-space speech that she pointed out contrasted Paul Ryan’s conciliatory tone. Is this a sign of a much larger divide, or Bachmann just creating a division all her own, perhaps one that might get her into the Oval Office? God, we hope not. source
Posted by Ernie Smith • 0 Comments • Permalink

26 Jan 2011 10:35

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Politics: Obama giving Wisconsin tender love and care today

  • yesterday Obama took his dog-and-pony show into a joint session of Congress and made a State of the Union address. Wisconsin’s very own Paul Ryan responded.
  • today Obama’s headed to Wisconsin today. Now it’d be a better match if, say, he was heading to Janesville instead of Manitowoc, but coincidence? We think not. source
Posted by Ernie Smith • 0 Comments • Permalink
 

26 Jan 2011 10:25

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Biz: Dow Jones touches 12,000 again, analysts dancing in the streets

  • 12k the level the Dow Jones Industrial touched today – for the first time since June 2008
  • 24% the amount the stock market has gone up in the last seven months alone (wow)
  • 83% the amount it’s jumped since we hit rock bottom in March 2009 – so are we fully rehabbed? source
Posted by Ernie Smith • 0 Comments • Permalink

26 Jan 2011 10:14

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World: Ousted Tunisian leader Ben Ali now a marked man

Why so glum, Ben Ali? Is it because you know the Tunisian government just sicced INTERPOL’s dogs after you? If so, we completely understand. source
Posted by Ernie Smith • 0 Comments • Permalink

25 Jan 2011 22:00

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Politics: Earmarks: Obama promises to veto all pork

  • NO Obama won’t sign any bills with earmarks in ’em source
Posted by Seth Millstein • 1 Comment • Permalink
 
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