Archive - Apr 26, 2011 - Blog entry

Oops?

Next time you hear a tree-hugging hippie tell you SUV's are destroying the Planet, remind them their VW Bus with the tiny 4-cylinder engine produces more emissions, but only goes half as fast as a Cadillac Escalade, all while using the same amount of fuel. Technology FTW!

Today's three ring circus...

Please list the banks and other entities and individuals which own the Federal Reserve, and their percentage of ownership.

Hey judge, we need to "Give the Plaintiffs/ProVest a very strong argument should someone challenge service of process." AND I have an "Idea as to how we may be able to help out..." So, what do you think, judge? "I like this new work out, I am in agreement." Chief Judge G. Keith Cary

A regular commentator on BoomBustBlog has been attempting to make the case for a housing recovery based upon rising employment metrics. One of his primary arguments was rising hourly earnings. I thought I would take this time to point out that average hourly earnings can rise due to the fact that less people are working. The aggregate employment in the US has literally fell off of a cliff. Since you know that I love pictures, let’s do this graphically…

The idea that the US will default on its debt and we’ll somehow re-enter the stone age is false. Human ingenuity and survival skills are far better than that. Indeed, the human race was in much worse conditions when we were hiding in caves and running from prehistoric monsters. We somehow survived that situation and evolved to make peanut butter and jelly sandwiches and drive cars… so I’m sure we’ll figure out how to deal with the collapse of the US empire and the end of the Dollars status as world reserve currency.

This could get ugly, prepare to go 'old school'!

There's a White House over yonder...