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  • Report: $35B in penalties coming over currency-rigging [View news story]
    Are you for real or just a parody?
    Jun 12, 2014. 12:55 PM | Likes Like |Link to Comment
  • Report: $35B in penalties coming over currency-rigging [View news story]
    Sadly, those menopausal housewives turned out in droves to re-elect Dear Leader and are eagerly awaiting the opportunity to put Hillary into office. With Janet Yellen now heading the Fed, investment banks have never had better friends.
    Jun 12, 2014. 10:59 AM | 3 Likes Like |Link to Comment
  • Job cuts climbed to the highest level in May, 31% [View news story]
    Recovery Summer 5 is upon us. All hail Dear Leader!
    Jun 5, 2014. 09:20 AM | 1 Like Like |Link to Comment
  • Los Angeles sues JPMorgan for predatory lending [View news story]
    I believe the banks had to cast aside a modicum of common sense because the government was insisting they make those loans. Just because the government can bully private enterprises into irresponsible lending does not excuse Fannie/Freddie, Dodd/Frank in the slightest.
    May 30, 2014. 08:21 PM | 11 Likes Like |Link to Comment
  • FCC backs neutrality proposal; Wheeler open to tougher rules [View news story]
    Great. More government interference in the marketplace.
    May 15, 2014. 05:57 PM | 1 Like Like |Link to Comment
  • Jobless Claims at 297K [View news story]
    We have always been at war with Oceania.
    May 15, 2014. 08:46 AM | 1 Like Like |Link to Comment
  • Wal-Mart misses by $0.05, misses on revenue [View news story]
    Lot of rain in my neck of the woods, as Al Roker might say. "Mister President...Mister President...wave at me, give me some screen time!"
    May 15, 2014. 08:39 AM | Likes Like |Link to Comment
  • Wal-Mart misses by $0.05, misses on revenue [View news story]
    bbro, where are you? I need this to be put in the context of growth and recovery, no recession looming.
    May 15, 2014. 08:23 AM | 1 Like Like |Link to Comment
  • Japanese growth surges ahead of rise in sales tax [View news story]
    "The economy was boosted by personal consumption soaring an annualized 8.5% as shoppers rushed to make purchases prior to sales tax rising to 8% from 5% on April 1."

    BANZAI! The rabbit hutches are packed to the rafters with bags of rice, tubs of miso, crates of nihonshu, paper products, and jars of tsukemono.
    May 15, 2014. 08:21 AM | 1 Like Like |Link to Comment
  • UE rate dives as 806K exit labor force [View news story]
    Ignorance is Strength. Labor is Unfair. Forward!
    May 3, 2014. 12:42 AM | 2 Likes Like |Link to Comment
  • Jobless Claims 344K [View news story]
    bbro, where are you?
    May 1, 2014. 08:47 AM | 10 Likes Like |Link to Comment
  • GDP edges up 0.1% [View news story]
    Fellow comrades, I am pleased to report that your ration of Victory Gin has been increased for Recovery Summer 5.0. Improving upon the customary serving of 200ml per day, Dear Leader has granted daily portions of 187ml.
    Apr 30, 2014. 08:46 AM | Likes Like |Link to Comment
  • Sebelius' departure confirmed following botched Obamacare rollout [View news story]
    Pays the price? How about the "reaps her rewards" in the form of taxpayer-funded six-figure annual retirement package?
    Apr 11, 2014. 08:21 AM | 10 Likes Like |Link to Comment
  • Jobless Claims near 7-year low at 300K [View news story]
    Recovery Summer 5, here we come!
    Apr 10, 2014. 09:04 AM | 1 Like Like |Link to Comment
  • Trade Agreement: Australia And Japan Can, But The U.S. And Japan Can't [View article]
    Mr. Chandler, your article spurred me to look into the state of negotiations on the TPP. My initial take on your statement that "the inability of Obama to secure trade promotion authority just about dooms the TPP" was that I can't imagine Obama expending any significant personal effort on a multinational project that complex. Too many fundraisers and parties to attend, comedy shows to tape, Republicans to demonize.

    The chief negotiator, Wendy Cutler, appears to be a non-partisan and accomplished career public servant. I looked into the bio of her boss USTR Froman who strikes me as a career 1% statist Democrat, but certainly pro trade and the fruits of commerce.

    Your final paragraph is what perplexes me, as you seem to be saying that TPP is in fact a priority agenda item for Obama. I wonder. TPP seems far too unexciting and practical, and offers no opportunity for glib demagoguery with fawning minions arrayed behind him. Besides, the acronym itself might confuse his base. It sounds like a Tea Party initiative funded by Koch Industries.

    Now if you'll excuse me I want to review Dear Leader's most recent salvific pronouncements on income inequality and the minimum wage.
    Apr 8, 2014. 01:54 PM | Likes Like |Link to Comment