Unemployment Games

I found this amusing video while browsing for some articles on the new jobs statistics that have the White House and a lot of the MSM euphoric about the future of the economy. Even Kudlow and his talking heads guests think that this may be the turning point in the economy. If you ask me, they're all drinking the Kool-Aid.
GIGO - One Report, based on legacy systems, front ended by new programs, written by tyros that don't understand the original legacy systems or their data.
Go Figure

The Creditor And The Plastic Duckie

This video was posted as a comment to one of the financial blogs that I occasionally read. In my rush to copy the embedded link, and all of the HTML troubles I had with it, I forgot which blog I got it from.
Sorry, No Hat Tip For You.
It's a shame because this is one of the most amusing and insightful explanations as to why China keeps buying our debt. No PHD's in Economics theories here, just plain old common sense on how to make money in any situation.    

Obama Storylines - Yahoo! News

Seven Stories Obama Doesn't Want Told:
"A year into his presidency, however, Obama’s gift for controlling his image shows signs of faltering. As Washington returns to work from the Thanksgiving holiday, there are several anti-Obama storylines gaining momentum."

The key point in the article is this quote:
"The problem is that many voters took Obama seriously in 2008 when he talked about wanting to create a more reasoned, non-partisan style of governance in Washington."

It wasn't just the voters looking for change that took him seriously. The Main Stream Media and all of the political talking heads who should have known better fell for the spiel. The Conservative pundits took comfort in believing that like Bill Clinton, he would move towards the center after he was elected, and all would be well with the world. Guess what, they were all dead wrong.
People that should have known better because their livelihood is dependent on covering politicians, swooned over Obama and his "message". The public was just guilty of being Fashion Voters, but the beltway insiders were guilty of dereliction of duty. Shame on them, they get paid handsomely to show more skepticism toward duplicitous politicians but this time they didn't earn their keep.