Archive | February, 2009
Dow Closes Down to 1997 Levels
Well, this is change. Investors unable to extinguish their worries about a recession that has no end in sight dumped stocks again Monday. The Dow Jones industrial average tumbled 251 points to its lowest close since Oct. 28, 1997, while the Standard & Poor’s 500 index logged its lowest finish since April 11, 1997. All [...]
Obligatory 81st Annual Oscar Awards Thread
22. February 2009
(-) indicates the announcement of an Oscar win. They’re going through the red carpet routine now. Amy Adams is looking beautiful this evening, but that was a given. Frank Langella, who did an excellent job portraying Nixon in Frost/Nixon, discussed how he’s come to have quite an affection for the real man. Very interesting. (8:11PM) [...]
Recession to End in Mid-2009?
22. February 2009
And no, contrary to what liberal revisionists will attempt to claim for the next century, it wouldn’t be because Barack Obama’s economic plans rescued us. The Fed’s data show that the recession probability peaked during the October 2007 to April 2008 period at around 35-40%, and has been declining since then to less than 10% [...]
Obama First Budget: Raise Taxes, Cut Defense Spending
21. February 2009
I’m sorry, but weren’t we conservatives engaging in the “politics of fear” when we warned that higher taxes would be forthcoming under a President Obama? Wasn’t it all just a distraction from the “real issues” when we brought up what was actually, you know, a real issue? As predicted, Obama intends to raise taxes on [...]
Justice Department: Detainees Can’t Challenge Detention In U.S Courts, Have No Constitutional Rights
21. February 2009
Remember all of Barack Obama’s rhetoric about how we could effectively fight the war on terrorism while not abandoning our nation’s principles? All of the hot rhetoric slamming the Bush Administration for not allowing detainees to challenge their detention in our court system? Yeah…change of plans. Detainees being held at Bagram Air Base in Afghanistan [...]
Gitmo Meets Geneva Conventions Standards
20. February 2009
So says the military review ordered by President Obama. You mean we’re not running a miniature Auschwitz down in Cuba? A Pentagon review of conditions in the Guantanamo Bay military prison has concluded that the treatment of detainees meets the requirements of the Geneva Convention but that prisoners in the highest-security camps should be allowed [...]
Obama Energy Secretary Shocked He’s in Charge of Oil Policy
20. February 2009
The Secretary of Energy is in charge of the policy over a resource we use for…energy?! Why didn’t anyone explain this to Mr. Chu earlier? At a forum with reporters on Thursday, the head of the department that has traditionally taken the lead on global oil-market policy, was asked what message the Obama administration had [...]
Good News: Iran Has Enough Uranium for a Nuke
19. February 2009
Natanz would have to be altered to further refine the uranium before it could be used in a nuke, but we’re talking about a step that would take a few months at that point. As David Albright, head of the Institute for Science and International Security, says, “If Iran did decide to build nuclear weapons, [...]
Obama Transportation Secretary Secured PMA Earmarks
19. February 2009
CQ Politics has now posted a list of the 104 members of the House of Representatives who secured earmarks for Murtha-connected lobbying group PMA. As stated in earlier reports, the list includes 62 Democrats and 42 Republicans. Among the Democrats are Reps. John Murtha (PA), Peter J. Visclosky (Ind), James P. Moran (VA), Norm Dicks [...]
Dow Jones Closes At Six-Year Low
19. February 2009
We’ve passed a $787 billion stimulus package, we’re about to spend another $350 billion in TARP money, the Obama Administration is promising hundreds of billions for mortgages, and the Big Three are back for more money. How much has this all gotten us? The Dow Jones Industrial Average closed at a six-year low today. Feb. [...]
23. February 2009
0 Comments