Archive for the ‘rat’ Category

Joe Biden to Head New Federal Bureaucracy: Holy Crap!

March 12, 2009

Last year in California, only two “economic sectors” grew: government and health care.

In the United States as a whole, the number one “engine of the economy” is consumer spending.

In our national economy, the number one and two employment sectors are retail and food service, with health care and government fighting hard to break into the top.

In the current economic crisis, unemployment numbers, though high, are not as high as they should be because we don’t measure the number of highly paid people now cleaning toilets and serving tacos: like former lawyers and business people.

Our economy is upside down: a problem that has not been addressed at all.

We don’t do anything of real value: our industry is now a shadow of its former self.  We do print money, apparently….

And now we’ll add another big federal  bureaucracy headed by Joe Biden: Recovery Accountability and Transparency (RAT) Board.

You know, in general we don’t need more government.  And government doesn’t need more Joe Biden.

U.S. President Barack Obama speaks before signing the American ...


Card Check, Earmarks, Nancy’s Air Travel Cloud Giant That Could Eat Obama, Ruin America: The Economy
China Making It Clear: Won’t Roll Over, Do Tricks for Barack, Hillary
 Barack, Hillary: Moronic “Reset” Idea for Relations With Russia

Buffett: Obama not at war; has toxic message machine on economy

53% Say It’s Likely the U.S. Will Enter a Depression

Obama Reelection Effort Begins

Obama: Playing not to lose


In China, Year of the Ox Promises Prosperity, But Economy Continues to Slow

January 23, 2009

This month, the best Chinese New Year gift for a businessman fighting the economic crisis is a toy ox — a charm for prosperity as China’s economy battles a historic low.

On Thursday, Beijing revealed that economic growth for 2008 had slipped to nine per cent, with a 6.8 per cent slowdown in the fourth quarter. Nine per cent would be one of India’s best runs. But for China, it was the lowest pace since 2001 and the first single-digit growth since 2003.

In 2007, China grew at 13 per cent and leapfrogged to become the world’s third-largest economy. 

So the atheist Chinese are hoping the year of the ox will usher a change of fortune. The ox follows the rat as the second of 12 animals in the Chinese zodiac. It signifies prosperity through diligence and hard work.

“I sell about 15 pieces of stuffed ox every day,’” Chen Tao, who runs a closet-sized store in an eight-century-old alley, told HT. “People want an ox with the Chinese character of money and fortune on its back, as a gift for businessmen.”

While this correspondent chatted with Chen, a Chinese woman spent over 200 yuan (about Rs 1,400) on red and blue toy oxen for the New Year holiday starting on Sunday. “Let there be ox,” said a sign on the door of a bar in the historic alley.

In the building housing HT’s Beijing bureau, office-goers in business suits are seen walking with the stuffed toy with horns.

A struggling new bank branch has propped a life-size cutout of a trendy couple with ox and cow faces.

The flagging US coffee chain Starbucks hopes for prosperity with its latest China product: a stuffed ox priced at over Rs 1,100.

–Hundustan Times