It’s the Jobs Stupid!!!!

Here’s a trajectory for POTUS to chew on from the recently released statistics on Industrial Production and Capacity. This is a key indicator of an economy’s well being.   It’s down again. There’s something about Obama’s use of the words “right trajectory” on Anderson Cooper the other night that makes me think he should [...]

Greenshoots or False Spring?

I woke up this morning to a chill in the air.  When I came back home from university today it was a chilly 60 in the house. There’s a frost warning for the North Shore and I had to put the heater back on and pull out the flannels.  I walked the dog in a [...]

“Don’t expect too much from me,” says the POTUS

I’m just lucky that I still have some Tums handy:
From Yahoo News/AP

Obama seeks patience, warns of expecting too much
LOS ANGELES – Facing largely adoring crowds far from Washington, President Barack Obama on Thursday asked Americans to back his far-reaching economic and health policies, but warned them not to expect too much from him or the [...]

Hump Day Afternoon Open Thread

This video is dedicated to all the Obama worshippers justifying their love for Mr. Teleprompter Jesus.  Too bad Ireland’s not laughing.  Keep holding on to that Precious!

On a more serious note, watch this next one, from HBO’s miniseries John Adams.  Jefferson, the flawed, but brilliant founding father that he is, WAS [...]

Tuesday Ramblings plus a Caption This Photo!

CAPTION THIS PHOTO:

Write your caption in the comments section!
Hello my dearest Conflucians!  We’ve been doing a lot of money talk here at the blog.   Even though I don’t know jack about finance or economics like my more illustrious brethren here, I thought I’d add my two cents (about what we all have in our [...]

Potus and Team Flunk Economics

The Wall Street Journal’s Phil Izzo reports that a majority of economists participating in its forecasting survey believe the Obama economics team is failing to make the grade.  The ratings for Obama and Geithner trail the grade for Bernanke who is chair of the Fed and show a lack of confidence in current economic policy.  [...]

Kabuki Financial Regulation

Much speculation has been made recently about the possible similarities between Japan’s lost decade and financial crisis during the 1990s and the current US Financial crisis.  It’s impossible to get through any graduate program in either finance or economics without spending time with the mounds of research the decade ignited.  Since many folks are talking [...]

How Low Can We Go?

The Financial media and economics blogosphere is full of wonky goodness this week  with all kinds of forecasts of the economy.  The big question is how bad will it get?  The secondary questions deal with economic forecast assumptions built into the Obama Budget.  Are they overly rosy or realistic?  I’ll save the wonkiest battle for [...]

Cramer to Obama:Your Agenda is Destroying the Lives of Millions of Americans

I’ve had CNBC on in the back ground while working quite a bit lately.  Some time around early September it replaced CNN as background noise in my office.  I was talking to my dad about the concerns of  losing about 5 years of 10 years worth of contributions to my retirement plan with the State [...]

It’s Mardi Gras: You know, the Party before Penitence?

I’m sitting here watching the kids get their costumes together for the big day of celebration called Fat Tuesday.  That’s the day when you pull out all the stops because you know lean days (no meat, no alcohol, no fun) starts tomorrow.  I guess I must be in hyper-metaphorical mode because it’s really striking me [...]