Barry Ritholtz and John Tamney on some Glenn Beck Fox show (kidding, but let's be honest Beck deserves some ridicule for his melodrama--he's not the host of this clip however) discussing the first Obama stimulus, the need for a second date with Porkulus, and the bailouts. Includes about 30 seconds of Warren Buffett and his viagra comment in case you missed that. Solid discussion.
Until I have commentary and links completed, just read Greenwald's newest piece on the billion-dollar truth, Wasington capture, and corruption at Goldman Sachs.
Here are today's links part 1 if you missed them...and 18 new links for part 2 are here.
I've been digging since the last one. Here's the first installment. Fifteen links inside.
An excellent quasi-political, GM bailout song of sorts. It was recorded by Daily Bail reader Mike Robinson. Give him a few verses to warm up. a detailed pic of the real Obamamobile (Presidential armored limo) plus the song are below.
(Click Image To See The Debt Details PLUS A Few More Dog Photos)Now the bad news. The United States Federal Debt crossed $11.5 trillion this week.
For a bit of perspective. We labored for 216 years as a nation before getting to the $1 trillion mark around 1991. And in the 18 short years since, we have grown our debt from $1 trillion to $11.5 trillion.
And don't forget that when you count our unfunded liabilities for social security and medicare, that the real national debt is greater than $55 trillion.
Sorry to ruin your weekend, though painful, we must constantly remind ourselves of the truth.
(CLICK IMAGE TO SEE MORE DOG PHOTOS)
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Jul 14, 2009 at 4:31 AM
