Monday, February 16, 2009

News and Views from Around the Web

It’s nice to know our government is not alone when it comes to wasteful spending, China has spent earthquake donation funds on luxury vehicles.

It seems a lot of Americans are turning to the golden arches in these hard economical times. McDonalds reports 80% rise in profits for 2008.

Here is some good news; retail sales were up last month after a six-months of decline. Another sign the economy may be improving without the help of the stimulus bill.

Senate Minority Leader Mitch McConnell (R-Ky) warns that America is heading towards a looming entitlement crisis… Gee, I wonder what his first clue was?

Almost 70% of Americans feel that they could do a better job on the economy than Congress…Well, they couldn’t do any worse.

When Michael Moore wants to make a film about the financial crisis, where does he turn to for expert advice? How about the The Daily Kos! I guess economist were too hard to find.

Times are tough for government budgets. So tough that Berkeley's public arts program is going to pay an artist $196,000 to create dog statues.

Arkansas is considering a bill that would allow people to carry concealed handguns into churches. No problems here. I think law-abiding citizens should be able to carry handguns wherever they want.

Mark Cuban has come up with his own version of an economic stimulus that relies on entrepreneurs, hard work and ingenuity, rather than government. What a concept! Genius!

How many jobs will the stimulus bill have to create to be successful? Seems like a fair question, but no one seems to be able to answer it.

Dick Morris has some useful information on our “culture of debt” and how dangerous it is. I have been telling you this stuff for years!

It looks like Meg Whitman, former CEO of E-bay, is going to put her name in the hat to run for Governor of California. Perhaps she can take the liquidity out of that mess and sell it on E-bay!

One of the brilliant senator’s from Massachusetts John Kerry is concerned about tax cuts because people would be "free to invest anywhere that they want if they choose to invest." Yeah John, I know this is hard for you to grasp, but it is called freedom!

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