Thursday, October 13, 2011

Bonddad Linkfest

  1. Slovakia set to approve EFSF fund
  2. Turkey revised growth forecast
  3. German inflation at three year high (2.6%)
  4. French prices slip
  5. China's trade surplus is shrinking
  6. 9-9-9 plan gets a closer look
  7. Trade pacts pass Congress
  8. Student loan debt a top OWS concern
Posted by Hale Stewart at 10/13/2011 02:27:00 PM

1 comment:

Jimdotz said...

Re: Headline 6
Not only can Herman Cain not distinguish between the Declaration of Independence and the Constitution (a la half-governor Palin), he doesn't even know how his 9-9-9 sales pitch would work:
"Visiting Concord NH, he added several new wrinkles... He would allow businesses to deduct new equipment purchases from their 9% corporate income tax, as long as the goods were U.S.-made. Asked how that would apply to a computer designed domestically but containing Malaysian components and assembled in China, he replied, "I have no idea.""

Cain should skip his 9-9-9 so-called "tax plan" and go back to selling $9.99 pizzas.

Re: Headline 8
It isn't that "student loan debt is a top concern" of #OWS, it's the ability to repay that student loan debt that's the concern.

Young protesters who have done it all right just like they were supposed to -- go to college, study hard, work full-time, buy a home -- now find that they can't afford to pay off all that debt that was supposed to buy them a ticket into the middle class. They're protesting that they were sold a bill-of-goods, not that they don't want to pay the bill.

October 13, 2011 at 6:54 PM

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