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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

03 Jan 2011 21:08

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U.S.: Posted without comment: The National Debt, in Tetris form

Posted by Seth Millstein • 0 Comments • Permalink

15 Sep 2010 10:47

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Politics: Meg Whitman somehow spending more than Michael Bloomberg

  • $109 million the amount Bloomberg spent on his high-spending 2009 NYC mayoral campaign
  • $119 million the amount Whitman, the ex-eBay CEO, is spending on her California gubernatorial campaign source
Posted by Ernie Smith • 0 Comments • Permalink

13 Jul 2010 11:54

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Biz: Credit scores: FICO says some doing worse, others doing better

  • 25.5% of all consumers have credit scores below 600 – far higher than usual (blame unemployment)
  • 17.9% of all consumers have credit cards above 800 – also higher than usual (impressive) source
  • » Why this matters: Low scores tend to stick around a long time, as much as seven to ten years, making it hard to recover from bad decisions or worse luck. But it appears that those who stayed afloat during the recession learned an important lesson – paying down debt and spending less is better than having a low credit score.
Posted by Ernie Smith • 0 Comments • Permalink

27 Jun 2010 20:26

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World: Obama’s liberal spending policies find few friends at G20

  • yes A deal was reached at the G20 summit earlier today in Toronto, temporary home to hundreds of capitalism-hating anarchists.
  • no Obama couldn’t convince other world powers to focus on stimulus spending over deficit-cutting. Hey, just like Congress! source
Posted by Ernie Smith • 0 Comments • Permalink

08 May 2010 09:39

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Politics: RNC finance director Rob Bickhart hits three strikes, is out

  • one Bickhart was behind a Powerpoint presentation that compared Harry Reid to Scooby Doo and promised a fundraising campaign driven by “fear” of Obama.
  • two As a result of that Powerpoint, Bickhart’s compensation came under scrutiny. Dude got paid $370,000 over a nine month period – or more than the president.
  • three Then there was the strip club scandal. That little piece of drama caught the media’s attention and made Bickhart’s performance look even worse. See ya! source
Posted by Ernie Smith • 0 Comments • Permalink

21 Apr 2010 21:21

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Politics: Eric Massa’s got an ethics investigation, tickling on his hands

  • Dude paid some big bills at a fairly bad time to pay big bills. The former New York congressman, who left in a storm of scandal, tickling and general idiocy, paid off nearly $70,000 in bills (including to a campaign manager) in the days after he left office. So that’s getting investigated. On top of that drama, House Ethics Committee thinks his case is worthy of its own investigative SUBCOMMITTEE. You’d think he hit on some pages over IM or something. source
Posted by Ernie Smith • 0 Comments • Permalink
 

30 Mar 2010 01:12

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Politics: RNC vs. DNC: Who spends more on private jets, anyway?

  • $17,514 amount RNC chair Michael Steele and his staff spent on chartering private jets in February alone
  • $0 amount DNC chair Tim Kaine and his staff spent on chartering planes during the whole year so far source
  • » Also, a shout-out: Kudos to The Daily Caller for your handling of this story, which includes far more tawdry, damaging facts than this one, although this is pretty damaging for the RNC. We like the way your journalism rolls.
Posted by Ernie Smith • 0 Comments • Permalink

10 Mar 2010 22:14

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U.S.: A major spending bill gets through the Senate’s clogged arteries

  • $138 billion in spending shoved through, slowly source
Posted by Ernie Smith • 0 Comments • Permalink

02 Mar 2010 10:13

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Biz: The BBC gets criticized for overreach, then scales back big time

  • 25% the amount the broadcasting company, which is subsidized by the British government, plans to cut its spending over the next few years
  • half of its Web pages will go bye-bye in the shake-up, along with BBC 6 Music, an alternative music radio station, and one other radio station
  • why? the broadcaster got a lot of criticism for moving away from its original purpose and competing with commercial networks source
Posted by Ernie Smith • 0 Comments • Permalink
 
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