Friday, September 24, 2010

Reward: Have you seen...

If you have any information regarding the whereabouts of the trophy seen in this picture, please contact Craig Dunn in Kokomo, Indiana. 

Original Post: rdunne.com

My New Hero

Tepper exudes convincing confidence. Hard not to be persuaded be his views.my

Original Post: rdunne.com

Thursday, September 23, 2010

Wow... maybe they will give it back.

GM Resumes Political Giving

With the government owning 61% of GM, I just don't understand how this conflict of interest is allowed.

Original Post: rdunne.com

Supercharged BBQ

What the heck is the engine for?

Original Post: rdunne.com

Obama Anti Business - Jack Welch

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Obama Administration Is 'Anti-Business': Jack Welch
CNBC.com | September 23, 2010 | 08:35 AM EDT

High unemployment may last for a long time because of the sluggish economy, bad politics and advances in technology, Jack Welch, author of "Straight from the Gut," told CNBC Thursday.

President Barack Obama's administration has an "anti-business" bias which manifests itself through intimidation, trade, taxes and regulation, Welch also said.

"Our businesses across the board look like 1.5-2 percent gross domestic product (advance) businesses," he said.

"The facts are in most businesses there's 20 to 25 percent excess capacity that they can fill in without adding any new people," Welch added.

Technology, which is improving business "exponentially", is also a factor in not adding jobs.

The government should make it easier for companies to invest and expand but instead they are hampering business, according to Welch.

"I still maintain that the economy's been terrible and they have not done things to move the economy forward," he said.

"He's there a month and he vilifies Las Vegas… he kills the hotel business," Welch said.

Soon after he came into office, Obama slammed companies that benefitted from taxpayer money for taking corporate trips to Las Vegas.

Businesspeople said tourism in Nevada took a hit partly because companies decided to cancel trips to Las Vegas following his comment.

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Wednesday, September 22, 2010

The Coming Generational Storm

“The basic story is bleak. We’re broke, we’re not thinking about it, or accepting it. We’re leaving a huge bill for our kids, endangering our kids. We at some level know we’re doing this. We’re not letting them vote about it. ”

Laurence J. Kotlikoff

 

Original Post: rdunne.com

Obama's Wars

Bob Woodward book details Obama battles with advisers over exit plan for Afghan war

By Steve Luxenberg
Washington Post Staff Writer
Wednesday, September 22, 2010; 12:11 AM 

 

Original Post: rdunne.com

Tuesday, September 21, 2010

Deflation not likely

Deflation worries? Don't worry about it!

Why Deflation Never Had a Chance  By Toby Connor Sep 08, 2010 9:10 am

What the deflationists fail to acknowledge is that in a purely fiat monetary system, deflation is a choice, not an inevitability. To put it in simple terms, if a government is willing to sacrifice its currency, there's absolutely no way deflation can take hold in a modern monetary system.

Original Post: rdunne.com

Sunday, September 12, 2010