In a testament to the power of the Union Label, this year Labor Day weekend was preceded with news that the country flatlined job growth for the month of August, creating exactly zero new jobs, while the unemployment rate remained stuck at an abysmal 9.1 percent. It was the first time since World War II […]
At least it does in Camden, N.J., where officials have decided it’s a capital idea to hand out C-notes by the fistful to encourage school kids to, um, go to school. But first, you apparently have to a healthy record of truancy to qualify for the payout, or payoff as the case might be. This […]
Mirroring the bracketology frenzy that surrounds the NCAA’s annual hoops tourney, the Civitas Bad Bill of the Year Tournament returns with a slam-dunk skewering of some of the most egregious and outlandish legislation cooked up this year by the General Assembly. The “bad bills” were selected “based on their intrusion into the private lives of […]
At the risk of trolling the rumor mill, this one’s too good to pass. Consider the crushing implications for the uptown lunch bunch’s collective ego and bottom-line if the latest flash bomb to hit BAC somehow proves true. This from 24/7 Wall St.: There is a rumor circulated on Wall St. that JP Morgan (NYSE:JPM) […]
If you haven’t checked out former MeckDeck guerilla blogger Jeff Taylor’s new venture, The Freelance, now’s a good time to remedy the oversight. Taylor delivers a scathing indictment of the media’s handling of Ron Paul’s campaign, using this piece of arrogance from the Chicago Tribune as a launching pad: “In short, no, [Paul] will never […]
Honestly, I couldn’t make this stuff up if I tried. First comes news that global warming is a likely contender as the cause for a jump in shark attacks: An apparent increase in shark attacks may well have a human cause, with low-cost air travel but also over-fishing and possibly global warming among the hidden […]
Four people, all registered Democrats, have been arrested in connection with voter fraud in Wake County, and at least five others are being sought by authorities, stemming from charges of double-voting in the 2008 presidential election. Republicans have been quick to pounce on the case as a prime example of why Gov. Bev Perdue was […]
Downgraded from AAA by Standard & Poor’s, in late action Friday night (i.e. after the markets closed). This from Reuters: “The downgrade reflects our opinion that the fiscal consolidation plan that Congress and the Administration recently agreed to falls short of what, in our view, would be necessary to stabilize the government’s medium-term debt dynamics,” […]
The biggest political fallout from the recently approved debt-deal might still be lurking down the road, with conservative Tea Party Congressional leaders rumbling about lining up primary challenges for Republicans who voted for the deal. This from The Hill: Sen. Jim DeMint (R-S.C.) might back primary challengers to incumbent Republican senators after all. DeMint had […]
That was quick. It took less than 24 hours for the federal government to chew through a majority of the debt-ceiling magic money Congress approved earlier this week. This from the Washington Times: U.S. debt shot up $239 billion on Tuesday — the largest one-day bump in history — as the government flexed the new […]
