The following is a guest post by Beth Shaw. *** There has been a lot of outrage and grumbling since the Obama Administration denied permits for the Keystone XL pipeline leaving Canada with little choice but to look to China for partnership on that project which would have otherwise brought jobs and energy independence...
President Obama says he deserves four more years to finish the job. When you hear statistics like this, it makes you wonder what he means, does he want every one of us dependent on welfare? If so, who will be left to pay for it? The American public’s dependence on the federal government shot...
President Obama has been out there touting his latest plan to help homeowners whose mortgages are underwater. Unfortunately, he isn’t telling the whole story. When President Obama last week announced his sweeping plan to help more homeowners refinance their mortgages at lower interest rates, he left out one major detail — a fee Uncle...
In 2004, when unemployment “unexpectedly” went down to 5.4%, then State Senator and US Senate candidate Barack Obama delivered a radio address slamming George W. Bush for “three dismal years of job loss.” He wondered how people would retire with dignity. Today, people are dropping out of the work force in despair, which is...
One of the main themes of President Obama’s reelection campaign is fairness. Lately we’ve heard him talk a lot about giving people a “fair shot” or a “fair deal” and the only way to do so is to raise taxes on the wealthy. He always fails to mention how Americans with high earnings already...
The following is a guest post by Joseph Hall. *** Slick Willy Revisited, How Clinton Orchestrated Economic Incest The economy is out of control, and the resulting mess is as confusing to sort through as a Texas-sized plate of spaghetti. People ask, where did the middle class go? The new “centralized government,” of Obama,...
Rep. Allen West gets it. From the Poh Diaries: I’m guessing that the question posed by Rep. Allen West was rhetorical. Of course someone is playing around with the numbers. The unemployment rate dropped to 8.3%, not because tons of jobs were miraculously created, but because millions fewer are actually in the labor force....
Glenn Reynolds on how the moochers are winning and soon the number of “takers” will exceed the number of “makers.” In today’s America, government benefits flow to large numbers of people who are encouraged to vote for politicians who’ll keep them coming. The benefits are paid for by other people who, being less numerous,...
President Obama will be interviewed by Matt Lauer today at 4:30 during the Super Bowl pre-game show. Three years ago he said he was going to be a one-term president if he didn’t turn the economy around. I wonder what he’ll say today. Chances are he won’t be repeating any of these talking points....
The following is a guest post by Dennis Evers, AKA Bones. *** Why the Great Depression wasn’t “Great” and the “CRAP” Act is even worse. By Dennis Evers Have you ever wondered why they called the first depression great? I’ve eaten a great steak and seen a great movie, even driven a great car,...
This morning when I heard the news that the official unemployment rate dropped to 8.3%, I wondered how many people dropped out of the labor market. I wasn’t expecting it to be a whopping 1.2 million. Yes, that’s right, 1.2 million. Zero Hedge has the details : A month ago, we joked when...
I don’t have time to look up how President Obama did in the Gulf states in 2008, but I’m thinking he did pretty well. That’s why it’s so odd that he’s implemented policies that are killing their economy. Hey, even if he lost those states, he’s still supposed to be everyone’s president. Oh, wait,...
Gee, who could have predicted this? President Obama decided to give the middle class a “tax break” by reducing payroll taxes. Payroll taxes fund Social Security. Most people didn’t even notice the tax holiday, but no matter, it was never about helping the middle class. The Democrats constantly accuse Republicans of trying to kill...
Any business owner can identify with this simple video explaining the burden government places on American businesses, put out by Senator Jim DeMint (R-SC). “Sam” is the entrepreneur looking to build a business. Before he can hire new employees, he has to make a profit. Picture a backpack filled with the burdensome rules and...
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