Archive for December, 2010

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A Happy New Year message from Peter Schiff: The value of your house is still 20% too high.

By mw | Related entries in Bad Decisions, Economic recovery, Economy, Federal Reserve, Fiscal stimulus, Housing

When an economic bubble bursts, normalcy can only return if the price excesses created during the bubble are wrung out of the market. A recession is often a painful but necessary market mechanism that corrects the pricing distortion and consequent misallocation of capital that occurs in a bubble. When government intervention prevents the mispriced asset class from fully deflating, capital continues to be misallocated and economic malaise lingers on. This is the takeaway message from Peter Schiff’s Wall Street Journal editorial.

December 31st, 2010 | Permalink| 22 Comments »

the 2011 New Year

By donar | Related entries in Cartoons, Political Graffiti

Tweet

December 29th, 2010 | Permalink| 2 Comments »

$5 Gas In 2012?

By Justin Gardner | Related entries in Energy, Gas, Oil

That’s what one former oil exec is saying and based on the increased demand we’re seeing in China…this doesn’t seem unlikely. From CNN Money: NEW YORK (CNNMoney.com) — The former president of Shell Oil, John Hofmeister, says Americans could be paying $5 for a gallon of gasoline by 2012. In an interview with Platt’s Energy [...]

December 28th, 2010 | Permalink| 35 Comments »

The year in review

By donar | Related entries in Cartoons, Political Graffiti

2010 had many ups and downs and graphically there was a lot to draw. There is always a balance or judicious decisions to be made when covering the events and news. Natural disasters are tough as there is not a lot of comic room to debate or draw like Haiti, while the pot smoking legislation [...]

December 26th, 2010 | Permalink| 1 Comment »

The 12 Days Of Xmas

By Justin Gardner | Related entries in Comedy, Holiday, Video

And now…David Donar’s version of The 12 Days of Christmas…as featured on CNN. In David’s own words… This is an animated video I did as part of CNN’s 12 days of Christmas. I hope you enjoy it as much as I did making it. For some reason, animation and holidays go together pretty naturally. Maybe [...]

December 26th, 2010 | Permalink| 1 Comment »

Comeback Kid 2.0?

By Justin Gardner | Related entries in Barack, Democrats, Legislation, Obama, Republicans

After the self-described “shellacking” Obama and the Dems got in November, the turnaround in this lame duck session has been nothing short of extraordinary. 5 major pieces of legislation were passed during a time when nothing usually gets done. And all of it was bipartisan in one form or another. Let’s run down what they [...]

December 23rd, 2010 | Permalink| 4 Comments »

My Thoughts On Don’t Ask Don’t Tell Repeal

By Justin Gardner | Related entries in Military, Sexuality

As the saying goes…worth a thousand words. And scene. Tweet

December 23rd, 2010 | Permalink| 14 Comments »

Dem Senators Push Common Sense Filibuster Reform

By Justin Gardner | Related entries in Democrats, Republicans, Senate

Claire McCaskill and other centrist Dems appear to be pushing hard next year for some pretty straightforward steps that create more transparency and accountability when the opposition tries to filibuster. And remember…Dems are they’re likely to lose more seats in 2012…so it’s not like this really helps them if they’re in the minority. Here’s more [...]

December 23rd, 2010 | Permalink| 1 Comment »

Arlen Specter Slams Alito & Roberts On Campaign Finance Decision

By Justin Gardner | Related entries in Democrats, Money, Republicans, Supreme Court

Specter lost his senate seat, but he has some parting shots for Republican appointed judges. From CNN: “Ignoring a massive congressional record and reversing recent decisions, Chief Justice Roberts and Justice Alito repudiated their confirmation testimony given under oath and provided the key votes to permit corporations and unions to secretly pay for political advertising [...]

December 21st, 2010 | Permalink| 32 Comments »

Happy HD Holidays

By donar | Related entries in News

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December 21st, 2010 | Permalink| 1 Comment »
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