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Are the markets a referendum on the president and his bailout plans?
Let us hope not! Here is how it has looked recently:
The Dow and S&P 500 closed Monday at their lowest levels since 1997.
The markets have dropped nearly 10% since Inauguration Day (chart below).
The markets dropped a record 14% between Election Day and Inauguration Day.
The markets dropped a record 4% on Inauguration Day alone.
CDOT porkulus spending stiffs the north metro area – as usual
The Colorado Department of Transportation has released its list of highway projects that will be done courtesy of Colorado’s share of the president’s “stimulus” money – $500 million worth. Certainly the north I-25 corridor would receive some of that right? After all, our part of I-25 is some of the most congested in the state [...]
Taxpayers open your wallets – Mayors want RTD to ask for more money
The Rocky Mountain News is reporting that the metro mayors that are part of the North Area Transportation Alliance are backing giving RTD an opportunity to come at taxpayers for more money to fund the FasTracks / TaxTracks boondoggle. This is hardly shocking news as local politicos and much of the metro area continue to [...]
CNBC anchor says what the rest of America thinks about the bailout
Rick Santelli of CNBC finally put to words what the rest of us think about President Obama’s bailout plans! It is about danged time someone stood up and said it. Join the Chicago Tea Party today!!!
President Obama’s porkulus roadshow comes to Denver
How proud we must be that President Obama has chosen Denver to sign his record-setting spending bill… Oh, I mean pork filled…. No, I should say is wasteful…. Oh, okay, we will call it a “stimulus” bill today. After his cronies Nancy Pelosi and Harry Reid ram-rodded the bill through Congress, breaking promises and wallets [...]
Recent headlines – $13 tax break from Obama, In state tuition for illegals, and more
I’ve found myself pretty busy here lately and not having the time to enlighten everyone with my words of wisdom. However, I did want to post links to and brief notes about various things in the headlines this week.
Colo. senator wants immigrant tuition benefit – Is the fourth time the charm for this outrageous bill? [...]
Um the great, uh, orator, um, isn’t so, uh, great
Okay, I just have to get this off my chest. During the presidential campaign the mainstream media fell all over themslves talking about what a great orator President Obama was – they still do in fact. I freely admit that when he gives a formal speech, he does quite well. However, when he isn’t reading [...]
CBO: Stimulus will do more harm than good
The hits keep coming for President Obama’s so-called stimulus plan. Now the non-partisan Congressional Budget Office says that while the plan may help in the short turn, it will overall be harmful over the longer term. From the Washington Times:
CBO, the official scorekeepers for legislation, said the House and Senate bills will help in the [...]
Glenn Beck on Obama’s ‘Change’: Socialism
Last night Glenn Beck let everyone know how he felt about the ‘change’ we are seeing in our government and what he interprets as a move toward socialism. He of course goes over the top but I don’t think there is anyone outside of Washington DC that approves of the way our elected officials are [...]
