By the end of this month, 3 million jobless people will lose their unemployment benefits. And unlike American businesses, people with unemployment benefits spend the money, boosting the economy. You can’t hoard unemployment. It would be like trying to go on a food binge with a couple slices of bread and a package of Top Ramen noodles.
After being condemned by the NAACP for tolerating racism among their ranks, Tea Partiers are falling all over themselves to deny it. Below you can see video compilation of just a few of the racist comments made at Tea Party events, which is about as hard as making a video compilation of drunken comments made at spring break events. Check it out the video below. It’s like watching a Ku Klux Klan rally, except instead of sheets they have tacky outfits. Man, these are a bunch of poorly-dressed, ugly people. I had no idea how much those KKK robes hid. Please people, go back to the robes.
On a lighter note, billionaire Warren Buffet evidently wore a somewhat old, frayed tie to the White House yesterday, and President Obama gave him one of his own ties. Bad mistake, Barack—now this is going to be portrayed in the rightwing media as a neckwear bailout. Republicans will criticize President Obama for giving away that tie without offsetting the cost of the tie by cutting the budget somewhere else. And Warren Buffet knows how to save a dime. Now the next time he goes to the White House he’s going to be wearing a frayed jacket and pants and scuffed shoes.Today’s Homework