Thursday, May 19, 2011

20 Startling Facts About the US Housing Market

'Left Behind' Author Tim Lahaye Says May, 21 2011 Judgment Day Won't Happen

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The "Left Behind" series lays out a fictionalized image of the Christian prediction for the end of the world and suggests that the Rapture may be imminent. In addition to his career as an author and evangelical minister, Lahaye has recently drawn attention for identifying the earthquakes and tsunami that hit Japan in March and President Obama's administrative agenda as signs of the coming apocalypse.

The author of the popular "Left Behind" book series, Tim Lahaye, has written on his website that he does not subscribe to the growing belief that May 21, 2011 will mark the end of the world.


Global Warming and Religion

Oil Price Swings as a Dollar Hedge Pose a New Threat to Our Fiscal Future

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The linkage between monetary policy and oil prices raises questions for how a consistent domestic energy policy can be implemented if critical energy market price signals are distorted by linkages with monetary policy. Federal energy policies are presumably designed to spur investment into energy development--oil, gas and alternatives--but the such investments rely on the reliability of market pricing as an indicator of supply and demand equilibrium. If oil pricing increasingly reflects non-supply and demand factors, and is in part influenced by Federal Reserve policies and actions, there are significant ramifications for our energy policies.


Oil Subsidies Repeal Blocked By Industry-Bankrolled Senators (CHART)

Sunday, May 15, 2011

Thoughts on George Mitchell Resignation

The Republican Supreme Court Sticks It to the Little Guy (Again)

TV SoundOff: Sunday Talking Heads

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I get a little bored repeating over and over that our short-term deficit is almost entirely not Barack Obama's fault. It's mostly the fault of the Bush tax cuts, the Bush wars, and the financial collapse that happened during the Bush presidency. At this point, though, this is more in the nature of a religious debate than a factual one, and conservatives are going to keep repeating the same tired disinformation about the deficit regardless of any evidence one way or the other.

Still, just on the off chance that a few people are still persuadable on this, it's nice of CBPP to update its chart showing the source of the deficit over the next decade. (Farther out than that, Medicare is largely responsible for most deficit projections.) As you can see, by 2013 or so, virtually the entire deficit is due to Bush-era policies/disasters. So cut this out and post it on your refrigerator.


Slaying the Cable Monster: Why HDMI Brands Don't Matter