economy


19
Feb 12

On the Relationship Between Obama’s Birth Control Mandate and the Budget Disaster

Mark Steyn: Handing out condoms on the Titanic | budget, debt, down – Opinion – The Orange County Register.

Mark Steyn, author and political pundit who reports to us on what the rest of the world is doing, has been sounding the alarm on America’s impending economic armageddon for years.

He notes now the relationship between the three years of failed un-budgets, and the latest idea to further drive us unto insolvency by cutting the U.S. population.

Birth control, chemical abortion, and sterilizations are already ubiquitously available, but the U.S. government sees the need to hand these out free with your money. At the very same time, most of the other industrialized nations have developed pro-natal incentives to encourage people to make more babies. They figured out that one person can’t sustain two or three non-working, elderly or disabled or unemployed people.

Either Obama is too stupid to understand this, or he’s destroying the U.S. economy purposely. Which do you think it is?

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17
Feb 12

Daily Kos Founder Seen Waving off Occupy Rapes as Insignificant.

If you don’t throw up before the 3:45 point of this video, you can see the founder of the Daily Kos, Markos Moulitsas Zúniga, waving off the rapes which occurred at occupy rallies as insignificant. It’s the message, not the messenger. So we should be taking instructions from people who think rape is OK?
Pharmer guesses this is why they need government funding for birth control/abortion/sterilizations, and planned parenthood instructing grade school kids…
It all fits.
Andrew Breitbart is shown screaming at the occupoopers at the beginning of this film. It’s theatrical, but certainly justifiable.

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6
Feb 12

Political Super Bowl Ad Called Racist | Video | TheBlaze.com

Here’s the Pete Hoekstra political ad that is causing all the uproar.   Call a Waaaaaaaaaaambulance!

This ad is about taxation driving industry and trade to China, it’s not about race. It does not degrade the Chinese people in any way. Only the leftists (looking for something to whine about) would find the portrayal of near-fluency in a second language to be degrading. Pharmer is  impressed with anyone who is functionally communicating in a second language, and does not see leaving the “s” off the verb to be degrading.

Pharmer also does not  blame the Chinese for taking advantage of self-destructive American economic policies.  That’s capitalism!

via Political Super Bowl Ad Called Racist | Video | TheBlaze.com.

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5
Feb 12

Record 1.2 Million People Fall Out Of Labor Force In One Month, Labor Force Participation Rate Tumbles To Fresh 30 Year Low | ZeroHedge

Record 1.2 Million People Fall Out Of Labor Force In One Month, Labor Force Participation Rate Tumbles To Fresh 30 Year Low | ZeroHedge.

In a single month, 1.2 million people disappeared from the job force.  This is how the bogus low, U3 unemployment percentages were derived.

Did this 1.2 million people merely give up looking for work, or did they die from the rampant drug shortages we have been experiencing for the last 2 years.

Pharmer thinks the deaths from drug shortages are not that high yet ;-).  The Obama administration is just fudging the numbers, as we knew would happen.

The civilian labor force participation rate  is at 63.7%, which is a 30 year low.

The Bureau of Labor Statistics will be eliminating half of the people who are able to work from the  unemployment calculation.  In this way they will report that the economy has cured itself, and all is rosy by the time of election 2012.

The only problem is that it won’t be true, and Obama will NOT be feeling your pain.

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10
Jan 12

The Main Reason That Raising Taxes Does Not Raise Revenue

As the Global Economy Falls, the Black Market Rises | TheBlaze.com.

As the above ground businesses are taxed / regulated out of existence or forced to migrate elsewhere,  the Black Market Grows.

The article linked at the top assures us that the underground economy is the second largest economy,  with a GDP well in excess of 10 trillion dollars yearly.

A map at the site displays the portion of economies around the world which are underground.  A new euphemism for black markets,  System D, for debrouillard, has been coined by Robert Neuworth, to convey his impression of  the self reliant sorts of people who make their living in the black  markets.  Excluding gun running, drugs, and slavery,  Neuwirth does not see an inherent moral problem with the underground economy.

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28
Dec 11

More Shrinkage at Kmart-Sears

The End? Sears to Close 100-120 Kmarts and Sears Stores | TheBlaze.com.

From its perch at the top of large, under-performing retailers, Kmart Sears  has decided to close over a hundred stores, after poor holiday sales.

Retail analyst, Brian Sozzi, says that the chain “offers a depressing shopping experience, and uncompetitive prices.”

Pharmer sez, Sears might have survived better if KMart hadn’t bought them.

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23
Nov 11

Remember When: Jon Corzine Was Floated for Obama’s Treasury Secretary?

Jon Corzine for Treasury Secretary! | Campaign 2012 | Washington Examiner.

Click above for a blast from the past, showing lefties touting Jon Corzine for Secretary of the Treasury.  Think of what this guy, who trashed MF Global and made the money disappear, could have done for the United States!

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19
Nov 11

A Hedge Fund Operater of Conscience

Ann Barnhardt Shuts Down Hedge Firm With ‘Going Galt’ Letter | TheBlaze.com.

Ann Barnhardt,  has shut down her brokerage which specialized in the cattle and grain futures and options.   This move seems to have been  propelled by the handling of  the MF Global  firm run by Jon Corzine, which shuttered and ripped off the cash of its customers.  The accounts were frozen and the owners were not allowed to liquidate while the rest of the markets continued trading.   Barnhardt says that this  differed from the usual response of the market which had been  to allow customers’  assets to remain liquid when a firm broke down, while its function could be replaced by another firm.   The reason for the difference appears to be the connectedness  of  Jon Corzine to the Obama administration.   It has cost his customers the money they invested, plus it could eventually put assets which they had recently removed from MF Global at risk too.

Over a thousand people are laid off at MF Global, and their clients money has disappeared.

Barnhardt’s evaluation is that the basis for the system of leveraged futures trading has been ripped away, and she can  no longer in good conscience advise anyone to invest their money in what is now an entirely unsupported  system.  She recommends that other hedge fund investors get out of the  newly unprotected market which is also threatened by the financial instability of Europe.

You can read the entire  farewell letter written by Ann Barnhardt at her politically incorrect blog, which she says will continue to remain in operation.  There are no kind words for the Obama administration, which she blames for the bulk of the MF Global disaster.  Also available for your viewing interest is the AnnBarnhardt youtube channel.

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7
Nov 11

KMart Leads Sears to the Bottom of the Retail Heap

America’s Eight Worst-Performing Retail Chains | TheBlaze.com.

Listed at the Blaze are America’s eight sinking retail chains, listed in order from least grim to most likely to go under:  JC Penney, The Gap, Foot Locker, Home Depot, Office Depot, Office Max, Dillards, and in the depths……at a five year, 23.5% drop in sales, and stock decrease of – 53% is K Mart/Sears.

The Blaze  article inaccurately suggests a merger between Sears and KMart, but in truth,  K Mart  became a holding company which bought Sears,…. then wrecked it.

Since the time K Mart acquired Sears, it has consistently lost sales, bringing it to the bottom of the retail dumpster where it lives today.

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1
Oct 11

Dr. Zo on the Economy.

Reduce the need for stimulant laxatives. Think of Washington DC every time you visit the commode.

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