Martin compares the quiet competency and professionalism of the US Airways crews that executed an emergency landing with the gross mismanagement of the Obama White House team that appears to have landed from Mars
http://www.pr-inside.com/print1055954.htm
Ready for More Bad News?
The economic crisis is even worse than Obama admits.
http://www.newsweek.com/id/184266/output/print
But this is the real thing. And it's going to drag on much longer than most people think. It will be called the Greater Depression, and it's likely the most serious thing to happen to the country since its founding. And not just from an economic point of view, but political, sociological, and military.
For a number of reasons, wars usually occur in tough economic times. Governments always like to find foreigners to blame for their problems, and that includes other countries blaming the U.S. In the end, I wouldn't be surprised to see violence, tax revolt, or even parts of the country trying to secede. I don't think I can adequately emphasize how serious this thing is likely to get. Nothing is certain, but it seems to me the odds are very, very high for an absolutely world-class disaster. http://www.dailyreckoning.com/2009-another-year-of-shock-and-awe/
Smart money. Dumb money. All kinds of money. Like those geniuses who bought Sam Zell's real estate empire at the top of the market. Practically every one of them is now in trouble. Rents are down – not enough to cover the operating costs and debt service. And what about Sam himself? He put a big chunk of his money into publishing. And now his flagship newspapers are going broke too. Ad revenue is down and shows no sign of recovering – ever. http://www.dailyreckoning.com/the-economic-panic-of-2009/
The Asia-Pacific region is feeling the pain faster than even pessimists expected. China, an economy on which Australia increasingly relies, is looking more vulnerable by the day. The latest sign of that was January's 17.5 percent plunge in exports.
"You guys are in trouble," Stephen Roach, chairman of Morgan Stanley Asia, declared at the same conference that Reddy, Stevens and many Asia-Pacific central bankers attended this week. http://www.bloomberg.com/apps/news?pid=20601110&sid=aeU.JTMir7vA
Caterpillar CEO Contradicts President on Whether Stimulus Will Allow Him to Re-Hire Laid Off Workers http://blogs.abcnews.com/politicalpunch/2009/02/doh-caterpillar.html
I copied each full transcript into separate Word documents. After doing that, I deleted the introductions by both men (since those are largely or fully scripted) and then deleted all reporter questions from the transcripts. What you have left are simply the answers that each president offered, off-the-cuff and unscripted, to all questions.
Then I ran Word's readability tool.
Guess what?
Bush's answers were spoken at 7th grade level. Obama's at a 10th grade level. |-( http://www.huffingtonpost.com/mark-nickolas/obamas-press-conf-answers_b_165467.html
Too much a fan of his day job, Schiff's focus is now on expanding his business from six offices to a possible 30 worldwide. Schiff's plans may be put on hold for now, as his expansion relies heavily on the state of the U.S. economy.
"There might not be enough Americans with money left (to invest)," he said. http://www.dariennews-review.com/local/ci_11688012
