We have heard the same answer from 2 different people who know far more about complicated financial matters than anyone else we know so we guess it must be ‘true’: ‘QE-2 is where the Fed expands its balance sheet by making up money out of thin air. This allows them, the Fed, the ability to […]
Here’s the Democrats’ take on the economy, courtesy of party chair Rep. Debbie Wasserman Schultz: “We own the economy. We own the beginning of the turnaround and we want to make sure that we continue that pace of recovery, not go back to the policies of the past under the Bush administration that put us […]
A bipartisan group of lawmakers led by Rep. Dennis Kucinich (D-Ohio) and Rep. Walter Jones (R-N.C.) today filed a federal lawsuit against President Obama and Defense Secretary Robert Gates, seeking to prevent the administration from using U.S. funds for military action in Libya. The White House, which was already prepping a report to Congress to […]
Beverly Perdue was the first North Carolina Governor to veto a state budget. She is now the first North Carolina Governor to have her budget veto overridden. While it was widely reported that the Thom Tillis led North Carolina House would vote to override the veto on Wednesday, it came as a surprise when it […]
Any speculation as to whether Governor Perdue would veto the recently passed North Carolina budget was put to rest on Sunday when she did what any good partisan running for reelection would do…she vetoed it and proceeded to send a fundraising email to supporters the following day claiming that the Republican-drawn budget will do “generational damage” to […]
The Constitution’s First Amendment clearly and properly protects the press from government intrusion. However, does the First Amendment allow reporters to ignore laws, or guarantee their access to a citizen’s every move? Ask Sarah Palin. Palin recently made news for reasons other than her unusual version of Paul Revere’s ride. The controversy centered on her […]
A little bit of everything and a whole lot a wicked good for this week’s House Party. Send us a youtube link of your favorite tunes or vids (editor@pundithouse.com) and wel’ll work them into the mix. First up, a theme song tribute for politicians, from guest House DJ Jim Hill: Along with some lessons in […]
From the brilliant battlers of global warming comes the latest nugget of wisdom to save the planet by – killing camels? This from TIME: As Australia struggles to get out from under its status as the world’s largest carbon emitter per capita, at least one company has sensed an opportunity. Under the nation’s Carbon Farming […]
Winston Churchill, from his commencement address at the Harrow School, London, 1941, words and advice that ring eternal: You cannot tell from appearances how things will go. Sometimes imagination makes things out far worse than they are; yet without imagination not much can be done. Those people who are imaginative see many more dangers than […]
Let’s all agree that Anthony Weiner is a duplicitous, self-aggrandizing narcissist and a seriously deranged, habitual tweetvert. Think it’s safe to say there’s not much argument there. But in the grand scheme of political and moral transgressions, which is worse: lying about a freakish sexting jones, or lying about multiple financial catastrophes that threaten to […]
