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Tax, Spend, And Blame
  11 Apr 2013     12:01 am      Robert Cleveland

President Obama has unveiled his budget proposal (only two months late, but who’s counting?), and he presented it with the same gravity and urgency that informed Americans have come to know and love from Dear Leader.  Each and every time the president makes the decision to engage in smear tactics to push his next bad policy through the legislature, he necessarily takes a dramatic stand in front of the media and points his finger at the Republican bogeyman.  It is the same politics of divisiveness, the same vilify-and-conquer strategy he …

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Eagle-Killing, Investment-Wasting ‘Renewable’ Energy
  3 Apr 2013     6:55 pm      Warner Todd Huston

The “Green Energy” sector has been hit with a series of setbacks over the last few years. From a wind farm being cited for killing an endangered eagle, to solar energy’s tumble from investor favor over dismal performance, to a growing list of companies gone bankrupt even after President Obama pumped millions of our tax dollars into them, the so-called Green Energy sector has certainly seen better, more hopeful days.
In the realm of farce, a wind farm in Nevada finds itself at an unfortunate crossroads of political correctness. Even as …

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NH Dem. Says Gov’t Employees are Like ‘Our Children’
  11 Mar 2013     9:26 pm      Warner Todd Huston

The rap on Democrats is that they fully misunderstand what the relationship should be between citizen and government. Many claim Democrats think government should be mommy and daddy to us all. Well, one New Hampshire Democrat revealed that this is exactly what she thinks.
At a Belknap County budget meeting in the first week of March, NH State Representative Ruth Gulick decided she needed to speak up during the discussion about the budget where it concerns cutting costs with county employees.
During the open discussion on the cost cutting, Gulick said that …

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Let’s Keep It Real
  6 Mar 2013     12:01 am      Robert Cleveland

New projections by the Congressional Budget Office show that this could be a record year for federal tax revenue – according to the CBO, the federal government should be bringing in $2.7 TRILLION this year, an all-time record.  At first blush, one would think this is good news, and a vindication of President Obama’s “balanced approach.”  But even though we’re looking at the possibility of record-high tax revenues, deficits are projected to be around $850 billion.
So the big question is, does America have a spending problem?  Will President Obama’s “balanced …

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The Reality of Long Term Unemployment
  31 Jan 2013     8:29 pm      Michael Fell

In his “Mission Accomplished” moment, Barack Hussein Obama ended his jobs council on Thursday, January 31, 2013.
Despite the fact that more than 12 million people in the U.S. are still out of work.
Obama’s allies will point out that when the jobs council began two years ago, unemployment was above 9 percent and has since improved to 7.8 percent.  What they conveniently overlook is that the unemployment number has shifted downwards in large part due to people who have exceeded their unemployment benefits are no longer being counted.
So, if you are …

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Minorities Disproportionately Worse Off Under Obama
  25 Nov 2012     12:44 pm      Rachel Alexander

It is puzzling that so many minorities voted for Barack Obama over Mitt Romney considering how disproportionately they have suffered economically during Obama’s presidency. Black unemployment under Obama increased at a higher pace than whites, from 12.7% to 14.1%, ending at almost twice the unemployment rate of whites. Now, one out of every seven blacks is unemployed. White unemployment barely increased under Obama, from 7.1% to 7.4%.
Blacks’ median income has fallen 11.1% under Obama, more than twice as much as whites. The disparity in wealth between whites and blacks nearly doubled during Obama’s tenure. According to …

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In Harsh Economy, Union Demands Put Crimp in Businesses Across the Country: Recent Stories Surrounding California Grocer
  16 Nov 2012     3:26 pm      Warner Todd Huston

The biggest union news this month is the pending closing of the Hostess Brand snack cake corporation, a company that has been an American mainstay for decades with such products Wonder Bread and Hostess Twinkies. As with the Hostess case, unions repeatedly prove that they’d rather destroy a business with absurd demands and strikes than work with management to keep the company alive in these tough economic times.
Another Illustration of the continued and alarming trend of unions destroying the businesses they work for with absurd contract demands is going …

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No Change, No Hope
  13 Nov 2012     6:48 pm      Michael Fell

While the “progressive” Party Pravda is dutifully focused on distracting Americans with stories about the tragic resignation of former CIA Director David Petraeus,  the White House goes merrily along with its anti-growth, anti-business, anti-energy, radical fringe leftist “progressive” agenda.  The Barack Obama administration is now making plans for the next phase in fundamentally transforming America into a second rate European style slow growth high unemployment socialist state.
Nothing has changed from the last two years of Obama’s reign of terror.  In Harry Reid, Obama retains a “progressive” Democratic Senate majority leader …

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Obama’s Reelection Will Ensure Complete U.S. Economic Collapse
  29 Oct 2012     1:53 pm      Rachel Alexander

This coming presidential election will determine whether the U.S. ends up in another Great Depression or pulls out of the economic slump. There are numerous signs indicating that the country is headed for economic Armageddon under Obama. Some analysts are predicting the crash could come as soon as next year. Obama is following the failed policies of President Herbert Hoover which led to the Great Depression.

Conservative commentator Rush Limbaugh says the U.S. is on an unsustainable course; there isn’t enough money from taxes to pay everyone lifetime healthcare, lifetime pensions, …

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FactCheck.org: Obama’s False Jobs Creation Claims
  25 Oct 2012     3:05 pm      Warner Todd Huston

President Obama has lately been touting the amazing claim that he’s created 5.2 million new jobs as President. His fantastic claim is featured in a new TV. But FactCheck.org says, not so fast. Those claims are “inflated,” to say the least.
FactCheck notes that the 5.2 million claim is accurate, such as it is. But what makes it “inflated” is that the jobs number refers only to jobs created after 2010 and does not include the 4.3 million that were lost earlier in Obama’s term.
Further, according to FactCheck, Obama’s number counts …

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Unemployment 7.8% October Surprise
  5 Oct 2012     3:09 pm      Michael Fell

After having his hat handed to him and being shown the door by his opponent in a debate performance so poor for Barack Obama that his only recourse was to bully Mitt Romney on the campaign stump the next day, what is a candidate hoping for re-election supposed to do to change the momentum?
Have the Labor Department revise previous unemployment numbers to show that the economy created 86,000 more jobs during the summer than first reported, then conclude that as a result, the unemployment rate has actually fallen below 8.1 …

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“My Proven Question For Getting The Job”
  15 Sep 2012     6:09 am      Craig Newmark

Your mileage may vary, but it might be worth a shot.

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Disappointing Jobs Report Diminishes Obama Acceptance Speech
  7 Sep 2012     4:44 pm      Michael Fell

The latest Labor Department report shows that job growth in America slowed abruptly in August.  Economists expected payrolls to increase by 125,000, but instead, new hires rose by only 96,000.  That is not enough to keep up with population growth, much less brighten the picture for millions of out of work Americans.  The unemployment rate dropped from 8.3 percent to 8.1 percent, but that was due to the large percentage of the American labor force that has given up trying to find work.
Over the past three and one half years, …

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Updated: Americans for Prosperity Slams Obama’s Failure In Tackling The National Debt
  7 Aug 2012     3:11 pm      Matt Vespa

With the news cycle hitting the annual period of banality, Americans for Prosperity is keeping the pressure on Barack Obama.  With unemployment rising to 8.3%, the national debt growing, and record deficits, they have announced another $27 million dollar ad buy highlighting the president’s inability to tackle the debt.

USA Today reported on August 7th that:
Americans for Prosperity is planning a massive ad buy in 10 battleground states and Minnesota that will strike against President Obama for the rising national debt.
The group, which has already poured millions into critical advertisements against …

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Is This Any Way To Govern?
  2 Aug 2012     5:24 pm      Michael Fell

Profits for Government Motors, the crown jewel of White House efforts to portray their venture capital investment efforts in a successful light, dropped 41 percent in the second quarter.  Using GM as a staple of his never ending re-election campaign efforts, the current Oval Office occupant has consistently crowed from the stump about how the GM bailout was part of his master plan to save or create jobs.
Never mind that the government-managed bankruptcy violated hundreds of years of precedent by stealing equity from secured investors and redistributing it to the …

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Before the Dawn
  27 Jul 2012     3:47 pm      Michael Fell

A national poll showing a 59/35 percent disapproval rating demonstrates how declining confidence in American economic performance has led business owners to turn on the White House.  With the Oval Office insisting that the country cannot afford to continue the current tax rates for individuals making over $200,000 and couples making more than $250,000, aka the Bush tax cuts for the rich, it is not surprising that investor confidence is lagging.  Evidence indicates that the White House and their “progressive” allies have been repeatedly assailing small business owners, not “standing …

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Obama Did Build This…
  19 Jul 2012     9:29 pm      Matt Vespa

 
To no one’s surprise, Obama treated his donors well after the 2008 election.  He may not have built a small business that employed people, but he’s sure good at building a culture of corruption that ends in more folks being sent to the unemployment line.   However, for a candidate who campaigned as a transformational figure, he is rather vanilla.  Washington, according to Obama, is still broken and the economic picture hasn’t changed.  The allegations of crony capitalism hasn’t gone away as indicated with the No More Solyndras Act being …

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Obama is the Outsourcer-in-Chief
  10 Jul 2012     8:32 am      Matt Vespa

As President Obama slams Romney for being a “pioneer” in outsourcing jobs overseas, it appears the president himself and his most loyal supporters are leading the charge in American outsourcing.  According to William Bigelow of Breitbart.com, “Obama’s second largest fundraiser is John Rogers, the CEO of investment giant Ariel Capital Management. He has raised more than $1.5 million for Obama’s reelection campaign. Bully for him, except for one thing: Ariel Capital Management owns a $48.6 million stake in Accenture, which just happens to be, according to the International Association of Outsourcing Professionals, the nation’s “best” outsourcer.”
Additionally,”Obama’s largest fundraiser, DreamWorks …

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The Job Sinkhole
  6 Jul 2012     3:22 pm      Michael Fell

Today the American unemployment rate remains unchanged at 8.2 percent.  The economy is still five million jobs shy of the breakeven point as America continues to drown in a sea of growing government red ink while struggling to tread water under the overburden of oppressive big government regulations.
Since the start of the seemingly never ending “great recession”, the nation has lost 8.8 million jobs.  It has regained only 3.8 million, less than 44 percent.  According to the most recent Labor Department report, employers added only 80,000 jobs in June.  The …

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New Silicon Graffiti Video: Where Krugman Has Gone Before
  23 Jun 2012     4:09 pm      Ed Driscoll

Rather than shoot the new video in the newsroom set we typically use as home base, I decided to borrow a used Apollo capsule and Saturn rocket to make my way to Space Station V. What better place to discuss the alien invasion that’s about to strike planet earth?
Or at least the one that Paul Krugman of the New York Times has publicly called for on two different occasions, first during an interview with CNN host Fareed Zakaria in 2011, and then just last month on Bill Maher’s HBO series. …

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