Archive for the ‘Economy’ Category

Why I Support Bernie. A long and consistent record as a Progressive champion

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A follow-up to my Op/Ed citing Hillary Clinton’s weaknesses, this week providing a lengthy list of reasons to support Bernie Sanders.

 
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February 22, 2016
Posted in: Civil Rights, Crime, Economy, Election, Money, myth busting, Politics, Seems Obvious to Me

Amid Record Low Oil and Gas, Trump Says Keystone XL Needed ‘Desperately’. Then threatens to reject it

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Donald Trump called not building the Keystone XL pipeline “devastating”. To who? With a glut in the Market and domestic oil jobs being lost, do we NEED more oil?

 
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January 25, 2016
Posted in: Economy, Election, Energy Independence, Jobs, Money, myth busting, Politics, Right-Wing Insanity

CORRECTION UPDATE on Last Week’s Jobs Report

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I‘m on sabbatical this week, but a quick follow-up on last weeks “expectation” that the October Jobs Report was going to be “disappointing” to say the least, only for it to in fact be spectacular. Serves me right for listening to pundits of the Obama Administration. One of the main reasons for the pundits expecting a […]

 
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November 9, 2015
Posted in: Economy, Jobs, Predictions

Analysts Expect a Weak Jobs Report Friday. Why that Concern is Misleading

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Next Friday, the Federal Reserve is expected to release it’s latest “Jobs Report” for October, and the expectation is that it will show underwhelming job growth of probably less than 130,000 new jobs created… a figure the GOP Presidential candidates are sure to pounce upon, citing it at every opportunity as “evidence” of a “weak Obama economy”. But is […]

 
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November 2, 2015
Posted in: Economy, Jobs, myth busting

Dr Carson Revives Dangerous “Health Savings Account” Zombie from 2012

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I have a long standing rule not to criticize truly awful GOP Primary candidates when they are winning. “When your opponent(s) are digging themselves into a hole, the only thing you should hand them is a shovel.” I’m going to break that rule this week because Dr. Ben Carson has decided to bring back a dangerous (and arguably […]

 
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October 26, 2015
Posted in: Economy, Election, fake scandals, Greed, Healthcare, Money, myth busting, Politics, Right-Wing Insanity

GOP Frontrunners Reveal Their Moronic Dark Agendas for the Country

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The presidential candidates of BOTH parties descended upon the Iowa State Fair this past weekend, but when reporters asked the GOP frontrunners for policy specifics, their horrifying agenda should send shivers down the spine of any sane voter. Donald Trump said the problem of illegal immigration has become SO bad we have “no choice” but to round […]

 
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August 17, 2015
Posted in: Abortion rights, Economy, Election, Immigration Reform, Jobs, Middle East, Money, Party of Life, Politics, Right-Wing Insanity, Taxes, Unconstitutional

Fox Tries to Pin Baltimore Poverty On Electing Democratic Mayors

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As Bill Maher explained it last July, a “Zombie Lie” is a lie told by Republicans that is proven false & widely discredited, yet they keep telling them“, telling their idiot followers that the lie is in fact true. “Zombie Lies” include “ObamaCare will/has cost jobs” (ditto for “raising the minimum wage”), “no consensus on Climate Change” (a claim two […]

 
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May 4, 2015
Posted in: Crime, Economy, myth busting, Politics, Racism, rewriting history

Cruz & Carson Latest Republicans to Complain About Income Inequality

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Now don’t get me wrong, while I applaud the GOP’s new found concern over “income inequality” and the stagnation of the middle-class, I’m reminded of the old joke when The Menendez Brothers were on trial for murdering their parents and the possibility of them asking the judge for leniency because they were orphans. Last month, […]

 
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February 9, 2015
Posted in: Economy, Election, Greed, Money, myth busting, Politics, rewriting history, Right-Wing Hypocrisy, Right-Wing Insanity, Taxes

Are Oil Prices Returning To Their Pre-Bush Trajectory?

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A number of “concern trolls” on the Right and on Wall Street have been desperate to find ways to paint the recent plunge in oil prices as a BAD thing worthy of “serious concern” (remember when they WANTED to bring down the price of oil with their 2008 “Drill here. Drill now!” campaign rhetoric and Newt’s promise of […]

 
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January 19, 2015
Posted in: Economy, myth busting, Seems Obvious to Me, War

Mugsy’s Annual Predictions for 2015

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This is arguably my favorite posting duty of the year, where I get to ridicule the so-called “psychics”, blast Conservative prognosticators, a look back at my own routinely successful record of predicting (averaging around 60%), followed by my own predictions for the coming year. Sure, I’ve had my good years (75% in 2008) and my bad (20% […]

 
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December 29, 2014
Posted in: Economy, Election, General, Money, Predictions

Plunge in Oil Prices Foretells Looming Economic Disaster. Aribrary pricing can go up easier than it came down.

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During the 2000 presidential campaign, after oil climbed a whopping 72cents in one day (yes, that’s sarcasm) to $33.05/barrel, causing gasoline prices to hit an “unthinkable” $1.68/gallon nationally, Interstate “long-haul” truckers across the country threatened to go on strike saying that the soaring price of fuel was putting them out of business. Naturally, the leading […]

 
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December 8, 2014
Posted in: Economy, Energy Independence, Greed, Money, Predictions, Seems Obvious to Me

Keystone XL: Not Just a Potential Environmental Disaster But An Economic One Too.

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Did you know about 1/2 of the Keystone XL Pipeline has ALREADY BEEN BUILT? The KXL project is a 1,200 mile long pipeline extending from Hardisty, Alberta to refineries in Houston, Texas near The Houston Ship Channel. The southern legs of the pipeline, one branch from Steele City, KS to the pipeline hub of Cushing, Okla., and the other […]

 
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November 17, 2014
Posted in: Economy, Energy Independence, Environment, Global Warming, Greed, Jobs, Money, myth busting, Right-Wing Insanity