Robert Oak's blog

Sunday Morning Comics - Oh the Horror, Bail Out Now Redux Edition

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Sponsored by The Guide to a Successful Political Career - It's not what makes sense, simply the art of nonsense

Cup O' Joe

Good Morning! Rise and Shine! Get that Cup O' Joe...
break out the O.J....hang out with the pooch...time to check out the Funnies!

 

From an interview with the Dilbert creator:

Q. If Dilbert were real, would he still have a job?

A. No. I'm drawing a series right now where he gets laid off and he has to go through a really tough bunch of interviews to try and get another job. At one point he is asked whether he would take a bullet for a prospective employer and they make him go to a firing range to prove it.

Friday Movie Night - Iraq For Sale

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It's Friday Night! Party Time!   Time to relax, put your feet up on the couch, lay back, and watch some detailed videos on economic policy!

 

This weeks film is Iraq For Sale The War Profiteers.

While privatization of the military, corruption and no-bid contracts has gone from the headlines, this post, Obama and Defense Spending got me wondering if any of it had been cleaned up?   According to the CBO and the New York Times the price tag has hit $100 billion dollars and just recently the DoD said it's budget is not sustainable.

Give Them The Money

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Give Them the Money!

Who am I talking about?  Why the United States Auto Manufacturers of course.

America, you've got it all backwards. The outrage should be directed at the financial bail out, not at the automobile manufacturers.

A poll says 61% of Americans oppose the bail out of the auto industry and Senate Majority Leader Harry Reid says the Auto Bail Out bill is dead, they don't have the votes.

More interesting in the poll, people do not believe the collapse of the auto industry will affect them. Well, I have news for you, it will affect you, probably more than you can imagine.

Obama Promises to Create 2.5 Million Jobs, but in What Countries?

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President-elect Obama promises to create 2.5 million jobs and has plans for a massive stimulus package costing at least half a trillion dollars if not $1 trillion dollars.

But where exactly would those jobs be created?

Business Week Journalist Michael Mandel asks Can Obama Keep New Jobs at Home? Mandel points out that a massive stimulus might just well go offshore.

Some startling facts in this article:

Imports have risen from the equivalent of 9% of gross domestic product to almost 19%. Even more astonishing, the value of imported goods now is equal to almost 40% of the output of U.S. manufacturing.

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