The Dow Jones Industrial Average dropped by 300 points to end below the 6800 mark for the first time in nearly 12 years, as a broad-based selloff seized the markets, sending shares lower in every sector. The S&P 500 briefly dropped below 700 for the first time since October 1996 before ending just at that level amid across-the-board declines, including drops of more than 6% in basic materials, energy, financial and industrial sectors. The Nasdaq Composite Index fell 4%. — WSJ.com, March 2, 2009 CONGA! Read more →
EppsNet Archive: Barack Obama
Life Imitates Dilbert
DOGBERT (running for president): I promise to take money from the people who don’t vote for me and give it to the people who do. — Dilbert, Aug. 11, 2007 WASHINGTON — President Barack Obama delivered Congress a $3.6 trillion budget blueprint Thursday that hopes to “break from a troubled past” with a sharp shift toward expanded government activism, tax increases on affluent families and businesses, and spending cuts targeted at those he says profited from “an era of profound irresponsibility.” — “Obama Delivers $3.6 Trillion Budget Blueprint,”, WSJ.com Read more →
The Chicago Tea Party
This is America! How many of you people want to pay for your neighbor’s mortgage? President Obama are you listening? How about we all stop paying our mortgage! — Rick Santelli (video), CNBC Chicago I’m rolling over in my grave, as the gentleman from Chicago has already noted. Count me in for the Chicago Tea Party! A little revolution now and then is a good thing; the tree of liberty must be refreshed from time to time with the blood of patriots and tyrants. I’ll bring Samuel Adams along. Not the beer, you yahoos, the patriot! He has experience with this sort of thing. P.S. Medary.com has provided a Chicago Tea Party broadside, or whatever you call them nowadays. Read more →
Thomas Jefferson on the Stimulus Package
The situation could not be more serious. It is inexcusable and irresponsible for any of us to get bogged down in distraction, delay or politics as usual while millions of Americans are being put out of work. Now is the time for Congress to act. — Barack Obama Bah-loney. The American economy will bounce back as it always has, as surely as day follows night, no matter what anyone does or doesn’t do. The only urgency in passing a stimulus bill (which doesn’t work, as I’ve explained previously) is so President Obama can take the credit for the recovery when it occurs . . . Read more →
That’s Not Leadership
We can’t drive our SUVs and eat as much as we want and keep our homes on 72 degrees at all times … and then just expect that other countries are going to say OK. That’s not leadership. That’s not going to happen. — Barack Obama, May 16, 2008 Mr. Obama, who hates the cold, had cranked up the thermostat. “He’s from Hawaii, O.K.?” said Mr. Obama’s senior adviser, David Axelrod, who occupies the small but strategically located office next door to his boss. “He likes it warm. You could grow orchids in there.” — The New York Times, January 28, 2009 Read more →
Where is the Change?
More than 144 hours into Barack Obama’s presidency, the economy is still in recession, the country is still at war, and in many parts of the country it’s still cold outside. Citizens are growing impatient: Wasn’t President Obama supposed to bring change? — Best of the Web Today: WSJ.com Read more →
Scent of a Woman?
I Will Always Remember This Day
A manager in another department brought in pizza for the IT team today. Someday I’ll be telling my grandkids, “Of course I remember the Obama inauguration. I got free pizza that day! Unfortunately, that was pretty much the highlight of his entire presidency.” Read more →
The Obamas Should Get a Pug
I read this weekend that the Obamas are trying to decide what kind of dog to get when they move into the White House. I recommend a pug puppy. Pugs possess the heart of a giant. They are brave, intelligent, loving, and excellent with kids! The AKC took a vote and people said the Obamas should get a poodle. I hate to say it, but poodles are not very smart. Or brave. But even a poodle is better than a cat. Cats appeal to single women with low self-esteem, but real Americans like the Obamas should have a dog. — Lightning Read more →
Thomas Jefferson’s Election Blog
Firstly, I’d like to thank Paul Epps for giving me this space on his web site to express my humble views. He is a real American. What concerns me today is that a candidate for president, Barack Obama, has said that he wants to “spread the wealth around” in America. It was a long time ago, but let me remind those of you who didn’t pay attention in history class that we founded this country as a rebellion against a too-powerful government. We believed in — and fought for — self-reliance and freedom, including the economic freedom to earn a dollar and spend it any way you want to. When someone tells you that he is going to decide how much money you can earn before he starts taking it away from you and giving it to someone else, that man is a scoundrel. And when Americans — the descendants… Read more →
How I Met Your Mother
From Michelle “There is no safety net for anybody” Obama’s DNC speech: You know, what struck me when I first met Barack was that even though he had this funny name, even though he’d grown up all the way across the continent in Hawaii, his family was so much like mine. He was raised by grandparents who were working class folks just like my parents, and by a single mother who struggled to pay the bills just like we did. Well . . . if you take all that at face value — and why wouldn’t you? — it only goes to show how shallow I am, because what struck me when I first met my wife was what a nice ass she had. Hubba hubba! Read more →
Depression 2.0
Mr. Obama is proposing to raise taxes on capital gains and dividends by a staggering two-thirds, moving the rate up 10 percentage points to 25%, which could curtail investment and business on Wall Street, a backbone of the city’s and state’s economy. — New York Sun OK, let me get this straight . . . the stock market’s dropping, banks are failing from lack of liquidity, no one wants to invest in American companies, and Obama’s solution is to raise the capital gains tax?! In the event of an Obama presidency, I will taking a long position in blankets, canned goods and shotgun shells . . . Read more →
President Obama
In December 2009 we will suffer a massive nationwide psychological depression. People assume that all of their problems can be blamed on George W. Bush personally. When the hated King Bush II has been back to Texas for a year and the beloved Obama has been in office for a year, people will look around for a quick status check. They will still be stuck in horrific traffic. They will still be paying insane prices for crummy housing in bleak, lonely communities. Their children will be getting a terrible education at the local public school, perhaps developing to about 15 percent of their potential. If in a hip urban area, criminals will still be smashing their car windows and taking their GPS. They will realize that virtually none of the things that are unpleasant about their life have anything to do with the federal government, except for the war in… Read more →
How Many Senators Does It Take …
Even when asked something noncontroversial, what he [Barack Obama] personally did to improve the environment, he said 3,000 campaign volunteers planted trees on Earth Day. With a prod from moderator Brian Williams, the NBC anchor, Obama added he’s “been working” to install energy efficient light bulbs at home. He sounded out of touch. — MSNBC Is this the new version of the old joke? How many senators does it take to “work on” changing a light bulb? One to propose a bipartisan commission. One to threaten to de-fund the light bulbs. One to demand the impeachment of Bush and Cheney for keeping us all in the dark. One to vote to pull out the first of the light bulbs by fall of this year with a view to getting them all pulled out by the end of 2008. — Mark Steyn Read more →