Omblog.net
Blog Home
By Month
Recent Entries

Send email to omblog.net
Here are some links that we like:
DailyKos
Talking Points Memo
Huffington Post
Current TV -TYT
The Young Turks
Sam Seder
Oliver Willis
Maddow Blog
Cliff Schector
Bob Cesca
Hullabaloo
Media Matters
Dean Baker
Paul Krugman
Rober Reich
Jared Bernstein
Tax.com
Mahablog
Frank Schaeffer
FOKNews Channel
Eric Alterman
Glenn Greenwald
Political Correction
Matt Taibbi
Atrios
AlterNet
Ezra Klein
Kevin Drum
John Cole
Juan Cole
Matthew Yglesias
Firedoglake
Dome on the Range
Leftyblogs/Kansas
Leftyblogs/Missouri
Best of the Blogs
Firedup Missouri
Show Me Progress
BAGnewNotes
Baseline Scenario
Zero Hedge
Calculated Risk
The Big Picture
Tapped Blogs
TPM Muckraker
TPM Cafe
Talk To Action
Bartholomew 's Notes
Things You Wouldn't Know...
Rumproast
The Daily Beast
FAIR Blog
The Authoritarians
Bonddad Blog
FiveThirtyEight
Consumerist
Future Majority
ThinkProgress
Campus Progress
Center for American Progress
OurFuture.org
Crooks and Liars :
AFLCIOnow
Gun Guys
Jesus' General
Flying Spaghetti Monster
Max Blumenthal

Truthout
BuzzFlash.com
The Nation
AlterNet
News Hounds
Liberal Oasis
The Raw Story
American Rights at Work


Search this site powered by FreeFind
How is news coverage working for you? Pop Quiz: How Many soldiers have we lost this Month?

Cost of the War in Iraq
(JavaScript Error)


legitgov

4more

sweetjesus

Jesus' General


Blog Home : April 2009 : 2009-04-13 to 2009-04-19

Employee Free Choice vs. Wall Street Greed

(Go to URL for more.)

(Permalink)

Parody Ad

(Go to URL for more.)

(Permalink)

Threats of Secession and Other Recent Republican Rhetoric

Lincoln Mitchell

....This latest GOP seems, at first, more surreal than offensive. The notion that Obama is a socialist because he wants a minor tax increase for a tiny fraction of Americans and would prefer to spend our treasure on helping people rather than on conducting wars of dubious origin or intention is more than a little strange, but if a small minority of people want to assert it, that is well within their rights.

Floating the idea of secession over this is a very different story. The history of secession in the US is not a pretty one. Those on the far right can't have it both ways, calling for revolution and secession on the one hand, while protesting a report raising concerns about right wing extremist violence on the other......

(Go to URL for more.)

(Permalink)

First Real Deflation in 50 Years

and they're still talking about INflation??

By Robert Folsom,EWI

"Consumer prices dipped unexpectedly in March, leaving inflation over the past year falling at the fastest clip in more than a half-century."

That was the opening sentence in today's most important news story. For the moment, let's leave aside why it's described with the phrase "inflation falling" instead of the word deflation. This article (and the others about the consumer price data) went on to include the following:
  • Production at the nation's factories, mines and utilities dropped a seasonally adjusted 1.5 percent in March, the fifth straight monthly decline. That matched February's drop and was worse than the 1 percent dip analysts expected.
  • The total industrial capacity utilization rate fell to 69.3 percent from 70.3 percent, the lowest on record dating to 1967...
  • More layoffs were announced this week. UBS AG, Switzerland's largest bank, said it expects a first-quarter loss of about $1.75 billion and will cut 8,700 jobs worldwide by the end of next year. ArcelorMittal SA, the world's largest steel maker, said it will idle a plant in Indiana and lay off about 400 workers. Credit card company Discover Financial Services said it plans to cut 500 jobs next month, or 4 percent of its work force.
Now, there is simply no "good news" in those facts; if anything, they would help explain why one bad trend (falling capacity & layoffs) leads to another bad trend (falling prices & deflation). But what this story (and others like it) did instead is say falling prices are not a bad trend and not deflation
.....You get the idea -- falling prices are good, no fear of deflation, if anything be afraid of inflation down the road.

Let me be blunt, dear reader: This is spin-disguised-as-news, and I'll use the following chart instead of an exclamation point:

That's the year-over-year Consumer Price Index -- and there ain't no spinning a chart like this. It's what deflation looks like.

(Go to URL for more.)

(Permalink)

Paranoids On Parade


The one lady struggling in earnest to make sense of how spending ended the Great Depression is just too priceless. You can almost see the gears in her head grinding and sputtering as she attempted to grasp the historical reality.

(Go to URL for more.)

(Permalink)

The Colbert Coalition’s Anti-Gay Marriage Ad

The Colbert ReportMon - Thurs 11:30pm / 10:30c
The Colbert Coalition's Anti-Gay Marriage Ad
colbertnation.com
Colbert Report Full EpisodesPolitical HumorNASA Name Contest

(Go to URL for more.)

(Permalink)

Best Friends, an Elephant and a Dog

(Permalink)

2009-04-06 to 2009-04-12 «  » 2009-04-20 to 2009-04-26