(Via AmericaBlog.)
Supporting education makes fantastic sense but aren’t we just feeding the bubble by injecting even more cash? The cost of universities in the US has become crazy, unlike any other Western/rich country. No matter how you spin it, it’s impossible to say that the easy money credit hasn’t fed the high cost of universities. […]
(Via msnbc.com.)
John McCain says he believes it’s a recession.
Speaking at The Associated Press annual meeting in Washington today, McCain said economists may have a technical definition of a recession, but from his perspective the important factor is “that Americans are hurting.”
He also said Barack Obama’s comments that some small-town voters are bitter over their economic […]
(Via Crooks and Liars.)
Just a couple of months ago, John McCain acknowledged, “The issue of economics is not something I’ve understood as well as I should.” For some reason, he’s been trying to prove this point ever since.
Yesterday, for example, McCain made a campaign stop at an investment firm in Westport, Conn., where a voter […]
(Via Crooks and Liars.)
About two weeks ago, John McCain, in a high-profile speech, unveiled his response to the mortgage crisis. Despite the seriousness of the issue, the GOP presidential nominee unveiled a classic YOYO policy: “You’re on your own.”
As the New York Times noted shortly after the speech, “The real core of his speech was […]
(Via AMERICAblog: A great nation deserves the truth.)
Let’s just say America isn’t very impressed with Republican economics. Surely the public will be impressed with McCain’s lack of understanding on all economic matters except “reading Greenspan’s book”, “more tax cuts and less regulation” and of course, the Keating Five. What a record…please run with […]
(Via LA Times.)
Amid widespread concerns about the nation’s mortgage crisis, John McCain outlined Thursday a proposal to help “well-meaning, deserving homeowners who are facing foreclosure” and called for a Justice Department investigation into possible “criminal wrongdoing” by unscrupulous lenders.
The proposals marked a shift in tone from McCain’s admonition two weeks ago against adopting a mortgage […]
(Via Americablog.)
More of what happens when we let business self regulate and decide what’s best for America. Unfortunately, there’s going to a lot more of this coming soon enough.
(Via The Huffington Post.)
Oil prices hit a record $105.10 a barrel Thursday, a day after a surprise drop in U.S. crude supplies and a decision by OPEC not to boost production.
Prices gave up some ground by midday trading in Europe. Light, sweet crude for April delivery was still up 11 cents to $104.63 a barrel […]
