Archive for February 27th, 2013

WARNING: Graphic image of a catastrophe …

February 27, 2013

With only a day or two until Armageddon

… until life as we know it ends

… or until, at least, the sky falls

… let’s put the Sequester in perspective.

This single graphic says more than a thousand words … or, in Obama’s case, a couple of thousand words,

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Source

Please, sleep well tonight … I think the Nation can absorb this fiscal pin prick.

Thanks to MC for feeding the lead.

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Want to know the difference between the private sector and the government?

February 27, 2013

Today, a couple of big Wall Street firms announced another round of cuts:

  • Citigroup plans to slash 11,000 jobs and close branches worldwide as part of a broad restructuring effort it hopes will save about $1.1 billion in expenses,
  • JPMorgan Chase became the latest Wall Street firm to scale back in an uncertain economy, announcing plans Tuesday to save $1 billion through various costs cuts and about 4,000 job reductions.
  • Goldman – which has already let 3,300 employees go worldwide in the past two years – announced another round of layoffs to cut costs by a cool billion dollars

OK, so 3 companies are cutting over $3 billion in expense.

No gnashing of teeth ,,, no “the sky is falling”

Just “times are tough … we’ve gotta do it.”

No so on the Sequester front … apparently the torch has officially been passed from the 12-21-12 Doomsday crowd to Team Obama …

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Today was another day of .hysteria  … and silly rhetoric.

Allegedly, Obama said that – because of the Sequester – an already closed agency would have to be shuttered.

Say, what?

And, here’s the gem of the day …

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Name game: Just call me Oscar …

February 27, 2013

The Academy Awards show hit a ratings high of 55 million in 1998, the year of Titanic, but have been on a decline ever since.

To attract younger viewers and to reverse the trend,  the Academy made two bold moves.

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OK, what was different this year?

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