Bob McCarty Writes

Humor, Politics, Culture & Capitalism @BobMcCarty

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Obama Fails to Mention Inflation in SOTU Address

January 26th, 2011 · 3 Comments

EDITOR’S NOTE: Below is the text of a news release issued today by the National Inflation Association. President Barack Obama’s State of the Union address last night did not make one single mention of inflation, when it is the belief of the National Inflation Association that massive price inflation (especially food inflation) will become America’s [...]

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Saving America, Sharing the Pain

December 13th, 2010 · No Comments

By Paul R. Hollrah, Guest Blogger On Dec. 3, Barack Obama’s National Commission on Fiscal Responsibility and Reform (a.k.a., “Debt Commission”) voted on the plan they had developed to save our country from utter fiscal ruin. The vote fell three short of the fourteen votes required by rule to send the plan to Congress for [...]

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Expected Fed Action Described As ‘Big Gamble’ (Update)

November 3rd, 2010 · 8 Comments

The news is everywhere about the actions the Federal Reserve is expected to announce today:  Buying $500 billion to $1 trillion in government debt and driving down already-low long-term interest rates. In one  article, it’s described as a “big gamble” and “a desperate act.”  Another article cites market participants who describe the anticipated move as [...]

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Is Sharia-Compliant Finance Alive and Well at AIG?

February 3rd, 2010 · 1 Comment

After you read the excerpt below from Frank Gaffney’s piece on Sharia-compliant finance published today at BigGovernment.com, you’ll begin to understand the seriousness of the story and why I designed the new faux logo for AIG (above): It appears that, through it’s 77.9% control of AIG’s equity and voting rights, the NYFed “sought to accomplish [...]

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Unusual News Headlines Offered on Friday Morning

January 30th, 2009 · No Comments

Friday morning seems like the right time to look at some unusual news headlines.  Below, I offer items related to the Etch-A-Sketch®, the economy, disease cures and wireless signals.  Enjoy! ETCH-A-SKETCHING WASHINGTON, D.C. — I’ve had two online encounters with the Etch-A-Sketch®.  Early this week, I came across the Etchy.org site where one can create [...]

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Is Inflation About to Slap the Economy?

January 25th, 2009 · No Comments

I’m not an economist, but I do share an interest in the health of this nation’s economy.  When I saw the chart above, produced by the Federal Reserve Bank of St. Louis, I couldn’t help but notice the blue line near the right margin of the chart.  Going straight up, the line signals a sizable [...]

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Writer Says ‘Something Monumentally Large Afoot’

November 13th, 2008 · 31 Comments

“There is something monumentally large afoot, and I do not believe it is just a banking crisis, or a mortgage crisis, or a credit crisis,” reads a comment published today at PatDollard.com. “Yes these exist, but they are merely single facets on a very large gemstone that is only now coming into a sharper focus.” [...]

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