Archive for 2011

HOW’S THAT HOPEY-CHANGEY STUFF WORKIN’ OUT FOR YA? (CONT’D): Americans Stuck By Housing Collapse: “Essentially, millions of Americans have become frozen in place, researchers say, unable to sell their homes and unsure they would find jobs elsewhere anyway.”

OCCUPY WALL STREET exposed.

HOW’S THAT HOPEY-CHANGEY STUFF WORKIN’ OUT FOR YA? (CONT’D): Data suggests inflation on the way. So I guess it’s buy now, or pay later?

UNITED AUTO WORKERS not welcome in the South. “’I see no need for union representation,’ says Adrian Leslie, line worker at Volkswagen’s Chattanooga plant. ‘We are being treated fairly here.’”

(Via Mickey Kaus.)

THE HILL: Boehner rejects Dem proposal, says it’s time ‘to get serious.’

House Speaker John Boehner (R-Ohio) on Thursday rejected a proposal by the Democratic members of the congressional supercommittee on deficit reduction, declaring its $1.3 trillion in tax increases unacceptable. . . .

“This is the same number that was in the president’s budget, the same number that I don’t know if they found any Democrats in the House and Senate to vote for,” Boehner said. “And so, I don’t think it’s a reasonable number.”

The deficit panel must come up with at least $1.2 trillion in budget savings by Nov. 23 to avoid automatic spending cuts that both parties want to avoid.

Members of the panel have given little indication that they have made significant progress in their secretive negotiations, and comments Thursday by Boehner and House Minority Leader Nancy Pelosi (D-Calif.) reflected an increasing sense of urgency about the stalemate.

On the other hand, Supercommittee members have been soaking up campaign contributions from lobbyists. So it’s not a complete failure.

HIGHER EDUCATION BUBBLE UPDATE: I Owe U. Don’t bother clicking, as you’ll only get a paragraph unless you subscribe to Time. The big news is just that this story is now getting wall-to-wall coverage, instead of just being a recurring theme on InstaPundit . . . .

HENRY BLODGET: Dear America: It’s Time to Say a Big “Thank You” To Amazon.

The company missed Wall Street’s estimates for both revenue and earnings and said it would have lower profit margins next quarter. This resulted in the usual spanking of Amazon’s stock, as short-term profit seekers growled in disgust and raced for the exits.

In other words, with respect to Amazon, it’s the same as it ever was. . . . Amazon is doing what many more American corporations could and should do: Balance the near-term “profit motive” with a more holistic mission of focusing on the long-term and serving customers, employees, shareholders, and the community at large.

Is that right? Because that’s what people say they want.

REP. JOE WALSH TO ERIC HOLDER: You Better Resign Immediately, Buddy. “Operation Fast and Furious funneled firearms legally purchased at gun shops in the U.S. to known criminal syndicates to prove these syndicates have access to legal purchased weapons. This is a deliberate attempt to vilify and attack the millions of gun owners in America who value our Second Amendment and have never broken the law.”

That’s been my suspicion from Day One.