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Daily Archive for March 20th, 2009

The Problem When You Start Talking in Trillions

Posted in Economic Illiteracy on Mar 20th, 2009

Is this. So the budget will actually be $200 billion further in deficit this year than we were told just a month ago (once again, CHANGE we can believe in!). When you start talking in trillions, we see that the deficit will be $1.8 trillion instead of $1.6. That doesn’t look too bad now does […]

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Thanks Ben, Tim, Hank, W, and Barack!

Posted in Uncategorized on Mar 20th, 2009

Dear Masters of the Universe: Just wanted to send a note of thanks for making it so much more attractive for me to save for my children’s college education since you started monkeying around with the economy. With yesterday’s announcement that the Fed will start intervening in the long-term Treasury market, the one remaining attractive […]

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