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Income vs. Wealth vs. Employment

The Gormogons Posted on September 1, 2011 by GorTApril 6, 2014

Recently there has been a lot of hay made about Obama’s stimulus, Keynesian economics, space aliens, etc. but there is an underlying problem that needs addressing. This problem is the misconceptions between income, as a benefit of employment, and wealth. … Continue reading →

Posted in Economics, Free Market Economy, Stimulus Package, The Obama Amateur Hour

Two Quick Points

The Gormogons Posted on July 14, 2011 by GorTApril 6, 2014

First, regarding Mr. Immelt’s proposal that companies should stop whining about government and just start hiring – keep in mind that GE has shed about 10% of its workforce in the last two years (roughly 37,000 out from a base … Continue reading →

Posted in Economics, Stimulus Package

Guest-Post: Dr. J on Tax Cuts

The Gormogons Posted on December 10, 2010 by The Czar of MuscovyApril 7, 2014

Dread & Awful Czar, Dr. J., as you know, has been following Washington’s tax dilemma with baited breath here, here and most notably, here. President Obama presented his so-called compromise with the congressional Republicans to the wailing and gnashing of … Continue reading →

Posted in Dr. J., Economics, Stimulus Package, Taxes, U.S. Economy

The Stimulus Worked, Right?

The Gormogons Posted on November 13, 2010 by GorTApril 7, 2014

Say it ain’t so, Joe Biden!  In yet another example of (a) the failure of the Stimulus, (b) the failure of this administration creating those magical “green jobs” and (c) another example of the failure of this administration to deliver … Continue reading →

Posted in Green Energy, Science, Stimulus Package

Down goes Goolsbee! Down goes Goolsbee!

The Gormogons Posted on October 24, 2010 by Confucius, Œc. Vol.April 7, 2014

Just a wonderfully brutal take down of some sleight-of-hand with charts. Confucius, Œc. Vol.Don’t ask impertinent questions like that jackass Adept Lu. 3.14.242.153

Continue reading →
Posted in Economic policy, Economics, Pork filled Stimulus Bill, Stimulus Package

Shovel, peon! Shovel!

The Gormogons Posted on October 24, 2010 by Confucius, Œc. Vol.April 7, 2014

Amusing, but it stems from what was always a somewhat ugly side of this whole silly ‘shovel-ready’ meme. Basically, what ‘shovel-ready’ was always about was upper-middle-class lefties openly fantasizing about putting armies of peasants to work doing things that…upper-middle-class lefties … Continue reading →

Posted in Elitism, Pork filled Stimulus Bill, Stimulus Package

Your tax dollars at work.

The Gormogons Posted on August 3, 2010 by Confucius, Œc. Vol.April 7, 2014

The offices of Sens. Coburn & McCain have put out an entertaining pamphlet called Summertime Blues which lists 100 stimulus projects that seem a bit superfluous. Like: “Town Replaces New Sidewalks With Newer Sidewalks That Lead to Ditch.” Check it … Continue reading →

Posted in John McCain, Pork filled Stimulus Bill, Stimulus Package, Tom Coburn, Waste and Fraud

W.A.G.

The Gormogons Posted on February 17, 2010 by GorTFebruary 17, 2010

Have you ever been asked how long it would take you do complete a task you’ve never done before?  You might have familiarity with the general approach or of some of the steps required, but in general it comes down … Continue reading →

Posted in Big Government, Stimulus Package

Meet the new boss…Same as the old boss…

The Gormogons Posted on January 24, 2010 by GorTJanuary 24, 2010

Given the recent setbacks failures that the democrat party has experienced, what can we look forward to in the coming months from them in order to preserve what they can going into the 2010 elections?  Well, the Czar points out … Continue reading →

Posted in Democrats, Stimulus Package

Government Inefficiencies

The Gormogons Posted on November 19, 2009 by GorTNovember 19, 2009

I’ve been meaning to post a story on the further woes of the Obama Administration’s stimulus activity but I’ve been tied up time traveling again. The Czar dropped a note from operative MB in my inbox at the castle pointing … Continue reading →

Posted in Joe Biden, Stimulus Package, The Obama Amateur Hour

More bungling

The Gormogons Posted on November 4, 2009 by GorTNovember 4, 2009

Don’t be fooled, we told you that this was coming.  The Obama administration has bungled the jobs “saved or created” figure that they released last Friday.  The report had stated that 640,000 jobs were “created or saved” through the use … Continue reading →

Posted in Stimulus Package, The Obama Amateur Hour

Cash for Refrigerators, Or The Impossibility of Reason

The Gormogons Posted on August 25, 2009 by The Czar of MuscovyAugust 25, 2009

You’d think this is a hoax, but only if you were sane. Congress has decided it has had enough of Cash for Clunkers. After all, the program proved to be unmanageable, has completely run out of funding, and still has … Continue reading →

Posted in Congress, Democrats, Steven Chu, Stimulus Package

Donkeys and Jackasses

The Gormogons Posted on July 21, 2009 by The Czar of MuscovyJuly 21, 2009

Optimistic signs of recovery abound. No doubt you have heard that some recipients of TARP funds have already begun paying the money back. This is very good news, because it shows the American business can heal itself, and the government … Continue reading →

Posted in Banking, Barney Frank, Commercial Lending, Democrats, Financial Crisis, Stimulus Package, TARP, Timothy Geithner

It’s all in the numbers

The Gormogons Posted on July 15, 2009 by GorTJuly 15, 2009

A few weeks back, several Gormogons picked on the Obama administration’s claims that the Stimulus package had “created or saved 150,000 jobs” (for those doubters out there, POTUS Obama said it on May 27th, Gaffe-master Biden said it on June … Continue reading →

Posted in Stimulus Package, The Obama Amateur Hour, U.S. Economy

Recovery 2.0

The Gormogons Posted on July 10, 2009 by GorTJuly 10, 2009

ABC News, the official press agency of the White House, has a story that the government is spending $18 Million of the “stimulus” money towards revamping the White House’s stimulus money tracking website. The very same one that Joe Biden … Continue reading →

Posted in Stimulus Package, Waste and Fraud, Whiskey Tango Foxtrot

Dowism

The Gormogons Posted on July 2, 2009 by The Czar of MuscovyJuly 2, 2009

Lao Tzu (for whom the Volgi has always had a low tolerance and once hit him in the head with an empty port bottle) once wrote “The Dow which can be spoken of is not the eternal way.” Indeed, the … Continue reading →

Posted in Barack Obama, Business, Dow Jones, Economics, Media, Stimulus Package, Stock Market, Trading, Wall Street

How ’bout dat ting, dere?

The Gormogons Posted on June 27, 2009 by Confucius, Œc. Vol.June 27, 2009

CHICAGO – Chicago White Sox front office spokesman Scott Reifert announced today that fans attending a July 11 twin bill versus the Minnesota Twins at US Cellular Field will receive a free commemorative mini-bat, unlimited ten cent Budweiser, and up … Continue reading →

Posted in Bailout, Humor, Iowahawk, Iran, Stimulus Package, Talkin' Baseball

We’re Not Stealing, We’re Borrowing

The Gormogons Posted on June 17, 2009 by The MandarinJune 17, 2009

Yesterday evening, my son was watching Walt Disney Studios’ 1973 release of Robin Hood on DVD. What caught my attention was this bit of dialog between Robin Hood and Little John at the beginning of the movie: (Little John) You … Continue reading →

Posted in Barack Obama, National Debt, Robin Hood, Stimulus Package, TARP

What a load of…

The Gormogons Posted on June 16, 2009 by GorTJune 16, 2009

Remember that Stimulus Bill that POTUS Obama promised the American people would go towards shovel-ready jobs? Jumpstarting the economy? $787 BILLION. Well, here in Maryland we were tagged with about $4 Billion and according to a March 2009 report by … Continue reading →

Posted in Stimulus Package, The Obama Amateur Hour

Fiction

The Gormogons Posted on June 9, 2009 by GorTJune 9, 2009

When will the press pressure this administration on specifics?  Likely never.  The latest irksome event is President Obama’s statement yesterday that the stimulus effort has “saved or created” 150,000 jobs already.  I’ll try to keep this rated PG:  What a … Continue reading →

Posted in Job Security, Stimulus Package, The Obama Amateur Hour

BAM!

The Gormogons Posted on May 28, 2009 by Confucius, Œc. Vol.May 28, 2009

If increased government spending with borrowed or newly created money is a “stimulus,” then the Weimar Republic should have been stimulated to unprecedented prosperity… —GorT’s imaginary grandfather, Thos. Sowell Confucius, Œc. Vol.Don’t ask impertinent questions like that jackass Adept Lu. … Continue reading →

Posted in Barack Obama, Germany, Government spending, Inflation, Stimulus Package

Stray thought of the day…

The Gormogons Posted on February 27, 2009 by Confucius, Œc. Vol.February 27, 2009

So everyone (on the right, at least) keeps noting that Obama’s “stimulus” package is nothing like an actual stimulus package and won’t help the economy. It’s just the an enormous spending and social-engineering package, the agglomeration of Democrat wish-lists of … Continue reading →

Posted in Auto Bailout, Bailout, Economic policy, Financial Crisis, Housing Crisis, Socialism, Socialized Medicine, Stimulus Package

Just One More Thing

The Gormogons Posted on February 25, 2009 by 'PuterFebruary 25, 2009

‘Puter understood the Obama Administration to hold forth that consumers, companies, banks and states borrowing (leveraging) at crazy levels well in excess of their abilities to repay got us into this recession/depression/Armageddon. The Obama Administration’s proposed remedy is for the … Continue reading →

Posted in Barack Obama, Stimulus Package

Invest in Real Innovation

The Gormogons Posted on February 11, 2009 by GorTFebruary 11, 2009

With the Senate passing the Giant Technicolor Stimulus Bill, people have started looking at some of the details – for example, the $10 Billion for broadband access. It sounds like a great idea. The U.S. as powerful as it is, … Continue reading →

Posted in I Want My MBps, Innovation, Stimulus Package

The $5 Gajillion Stimulus Package

The Gormogons Posted on January 29, 2009 by 'PuterJanuary 29, 2009

‘Puter’s fairly certain that the House’s passed stimulus package is going to harm more than help, for any number of reasons, not least of which is that Republicans have thus far, to a man (person, if you must), refused to … Continue reading →

Posted in Barack Obama, Stimulus Package

No New New Deal!

The Gormogons Posted on January 28, 2009 by Confucius, Œc. Vol.January 28, 2009

Notwithstanding reports that all economists are now Keynesians and that we all support a big increase in the burden of government, we the undersigned do not believe that more government spending is a way to improve economic performance. More government … Continue reading →

Posted in Barack Obama, Cato Institute, Economic policy, Samuel Johnson, Stimulus Package

Hope Governing?

The Gormogons Posted on January 26, 2009 by GorTJanuary 26, 2009

So much was debated over how President Obama would govern and how he would “heal the wounds and divisions” in the country. Now we are presented with the $300+ Billion stimulus bill which is getting choked down in democrat pork … Continue reading →

Posted in Barack Obama, Nancy Pelosi, Stimulus Package

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