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Posts tagged "economy"

The Chicago Godfather of the Tea Party explains the facts of life to CNBC dolts

CNBC/CME Group floor reporter Rick Santelli is credited with igniting the Tea Party movement a few years back when during a report on the floor of the Chicago Board of Trade he ripped the bailouts. He was reprimanded for expressing his opinion (“he’s only a reporter”) while the wiseguys back on the anchor desk were... Read more »
By Dennis Byrne,
September 4, 2011 at 12:04 pm
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Good news: Existing home sales rise.

The National Association of Realtors reports that existing home sales nationally rose in March, compared with February. That includes the Chicago area, according to the Chicago Tribune... Read more »
By Dennis Byrne,
April 20, 2011 at 11:08 am
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Conservatives are baby-killers, don't ya know.

“123 US LAWMAKERS SUPPORT POLLUTERS OVER HEALTH OF CHILDREN” That’s the propaganda issuing forth from the National Resources Defense Council in response to bills introduced in Congress to overturn entirely or in party the decision by the U.S. Environmental Protection Agency to declare carbon dioxide a public health threat. You know how they are, those... Read more »
By Dennis Byrne,
January 28, 2011 at 1:02 pm
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Can Democrats reform New York, Illinois and California?

The Wall Street Journal doesn’t hold out much hope for Illinois. In an editorial called “The Blue Men Group,” it said: What are the prospects for genuine reform? They are probably the worst in Illinois, where Mr. Quinn and the Springfield Democrats were returned to power despite the national GOP wave and are intent on... Read more »
By Dennis Byrne,
January 4, 2011 at 1:29 pm
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Real estate forecast for 2011

Better days are ahead. At least according to this observer. We’ll return to the days when buying a home was considered to less of an investment, but more a matter of securing a place where we can enjoy the richness of life. We’ll never return to the glory days of the pre-2006 housing bubble, but... Read more »
By Dennis Byrne,
December 30, 2010 at 11:05 am
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It's not a sin to leave your children a pile of money

Occasionally, Americans need to be reminded that making lots of money is not immoral. Nor is it immoral to pass it down upon your death to your children. That time has come again, as the nasty fight debate over the Obama-tax compromise revealed. Sure, arguing about the economic and fiscal consequences of the package is... Read more »
By Dennis Byrne,
December 29, 2010 at 10:38 am
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Consumer spending growing at "torrid" rate.

And guess what? The growth is coming from the high-income people who won’t be gouged by those tax increases that Democrats wanted to impose.  Here is an explanation: Inflation-adjusted growth of 2.4 percent in consumer spending during the summer quarter — the highest annualized rate since before the recession in 2006. And so far in... Read more »
By Dennis Byrne,
December 29, 2010 at 10:25 am
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Illinois public pension fund crisis worsens

Before you vote on Tuesday, you should read this to get a better understanding of one of the biggest problems facing Illinois. Illinois’ unfunded pension liability, already the worst in the nation, is expected to spiral to even higher levels because the financially desperate funds are revising their investment goals downward. The funds are desperate... Read more »
By Dennis Byrne,
November 1, 2010 at 12:09 pm
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Believe it: Illinois is flat-out broke

Like petulant children, millions of Illinois citizens voting Nov. 2 will refuse to believe that the state can no longer afford their wants and needs. Restraint is not in their vocabulary. The household — the family of Illinois — is more than a half year behind on paying its bills. Doctors and others that Illinoisans... Read more »
By Dennis Byrne,
October 26, 2010 at 9:01 am
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Most Voters Oppose the Reelection of Anyone Who Voted for the Health Care Law, Auto Bailouts, Stimulus Plan

Mark Ralston/Getty Images / September 4, 2010 Unemployed Americans attend a job fair on the first day of the Labor Day long weekend in the City of El Monte outside of Los Angeles. US unemployment jumped to 9.6 percent in August, the Labor Department said, showing the recovering economy is still struggling to create jobs... Read more »
By Dennis Byrne,
October 20, 2010 at 10:55 am
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