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Bad News for Globalists
  24 May 2012     5:13 pm      Michael Fell

European business activity fell in May, nearing a 35-month low, according to a survey by Markit. Its survey, based on European manufacturing and service sectors, fell to 45.9. The euro fell to a 22-month low against the dollar in response. Disagreement at Wednesday’s summit between European leaders about how to solve the dilemma did nothing to boost confidence.
Chris Williamson, chief economist for Markit, said research indicated the downturn had “gathered further momentum in May. The survey is broadly consistent with gross domestic product falling by at least 0.5% across the …

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What the Obama Administration Has Taught America
  19 May 2012     12:02 am      Michael Fell

Facebook Inc.’s $16 billion initial public offering has made Mark Zuckerberg the 29th richest carbon based life form on Earth. Facebook provides entertainment and a fun way to spend your leisure time. America should love Zuckerberg. Whatever happens, do not ever criticize him for not paying hisfair share of taxes…he’s cool in the administration’s eyes and they’re down with whatever he does. Heck, he might even turn out to be as cool as George Clooney.
According to the Securities and Exchange Commission (SEC), the top three U.S. oil companies alone paid …

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Choose Your Stimulus
  17 May 2012     6:50 pm      Michael Fell

The Spanish Economic Ministry denied there’s been a surge in withdrawals from the nation’s banks, while Spain’s Prime Minister warned that borrowing costs could reach “astronomical” proportions over fears about the weakness of Spain’s financial institutions.
Greeks have been taking their savings out of banks, with nearly a third taken out during this year’s first quarter. Since May 7th, at least 700m euros have been withdrawn from Greek banks. Uncertainty over Greece’s exit from the eurozone is stirring global fears about Europe’s monetary future.
France’s new socialist government will not ratify the …

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Final Landing of the USS Enterprise
  27 Apr 2012     4:21 pm      Michael Fell

The experience of watching the space shuttle Enterprise circle New York City on its way to JFK Airport can be described in many different ways. One of the words viewers most frequently used about the sight was “bittersweet”. As Enterprise piggybacked its way on a 747 to its final landing, Americans turned out in large numbers to view the flight. The predominant mood was nostalgia.
Originally named the Constitution, the first space shuttle was re-named Enterprise, thanks largely to a huge write in campaign by fans of the enormously popular sci-fi …

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The Rich are Getting Poorer Under Obama
  12 Apr 2012     1:58 pm      Rachel Alexander

Obama is shrewdly characterizing the recession in a way that breeds resentment towards the wealthy, diverting dissatisfaction away from himself. Most of his recent speeches include assertions that there are a few Americans getting rich, while everyone else is suffering. “The notion that we would ask sacrifice from folks who are already struggling in order to protect folks who have never been better — never been better off — that’s not who we are,” he said in one recent speech. Obama knows that if he can direct Americans’ unhappiness over …

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Obama, Doublespeak, and Why He Will Lose Reelection
  27 Mar 2012     1:36 pm      Rachel Alexander

In 1980, incumbent Democrat President Carter lost reelection to Republican challenger Ronald Reagan in large part due to high gas prices and a weak economy. This year, not only are gas prices sky high and continuing to rise, but there is massive unemployment and a foreclosure crisis. Virtually everyone agrees that the economy is the most important issue this election year. Incumbent presidents generally lose reelection when unemployment is over 7%; Presidents George H.W. Bush, Carter and Ford all lost reelection when unemployment was between 7-8%.
 
Unemployment was only around 5% …

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The Tea Party vs The Status Quo
  23 Mar 2012     10:04 pm      Michael Fell

Much has been said since the November 2010 election about “establishment Republicans” co-opting Senators and Representatives elected with Tea Party support.
What “establishment Republicans” evidently refuse to accept is, every Republicans elected in November 2010 owes huge thanks to the Tea Party. “Establishment Republicans” need to understand that Tea Party grassroots activists have had enough of their “learn your place and do as you’re told” attitude towards the Tea Party.
In America’s recent political past, there was the “Silent Majority”. “Establishment Republicans” need to understand that the Tea Party is the “Silent …

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Grasping at Energy Straws
  16 Mar 2012     5:37 pm      Michael Fell

In February 2012 New York Democratic Senator Charles Schumer called upon Secretary of State Hillary Clinton to request Saudi Arabia increase their oil production to make up for potential disruptions in the world’s oil supply resulting from Iranian saber-rattling. Schumer’s unhidden rationale was that such a pledge from the Saudis would drive down gasoline prices in America
http://thehill.com/blogs/e2-wire/e2-wire/216057-schumer-saudi-arabis-plan-to-increae-oil-output-will-lower-gas-prices
This ill-advised strategy was clearly politically driven. While the idea of higher gasoline prices, and the accompanying increase in the price of gas dependent goods and services is consistently rejected by average Americans, this …

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What Now Passes as Today’s “News”
  12 Mar 2012     4:29 pm      Michael Fell

Monday March 12, 2012…Today’s “news” begins with the headline: The Most Aired Political Campaign Ads.
A sub-headline reads: Obama’s “Unprecedented” commercial was shown 6,190 times before Super Tuesday.
At first, by mentioning campaign ads from multiple candidacies, this article flirts with the idea of integrity. A flirtation which disappointingly dissolves in the face of the ‘mention the favorite candidate’s ad first’ sub-headline. Will “progressives” explain why there’s no outcry against Dylan Stableford for stating “Barack Obama has spent $63 million, a little less than half of his $136 million war chest”? Weren’t …

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ABC News That’s Not So New
  6 Mar 2012     7:44 pm      Michael Fell

One of the breaking headline news stories online from ABC News just today, Tuesday, March 6, 2012 reads: Green Firms Get Fed Cash, Give Exec Bonuses, Fail.
http://news.yahoo.com/green-firms-fed-cash-execs-bonuses-fail-200314806–abc-news.html
Ronnie Greene and Matthew Mosk, for ABC News, aggressively reporting news with an edge, convey how companies like Solyndra, Ener1and Beacon Power took money from the Department of Energy, paid bonuses to executives, then proceeded to file for bankruptcy. How unfortunate for Greene, Mosk and ABC News, that that edge of theirs is so desperately in need of major sharpening. Conservative journalists have been …

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“progressive” Reporting on Scott Walker’s Recall Election
  27 Feb 2012     9:02 pm      Michael Fell

There’s so much empty, hateful “progressive” rhetoric in this “article” written by David Chalian it’s truly painful.
Scott Walker, Wisconsin governor, braces for recall election, proclaims controversial law is working
http://news.yahoo.com/blogs/ticket/scott-walker-wisconsin-governor-braces-recall-election-proclaims-120437772.html
First Chalian begins his “article” with an openly biased headline (since once must not miss opportunities to repeat the “progressive”–the law is “controversial”–narrative) that is followed by repeated insinuations regarding Gov. Walker’s alleged lack of integrity.
For example: “In addition to trying to engender sympathy among voters for being targeted by forces outside his state” or “Walker is eager to sell himself as …

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Who’s Offering Economic Solutions?
  25 Feb 2012     5:30 pm      Michael Fell

Given America’s growing national debt, now in excess of $15 trillion:
http://www.usdebtclock.org/
A per capita government debt that’s worse than Greece’s:
http://www.weeklystandard.com/blogs/chart-america-s-capita-government-debt-worse-greece_631797.html
Unemployment numbers “officially” listed at 8.5%:
http://www.bls.gov/bls/newsrels.htm#OEUS
Petroleum prices trending higher, adding pain at the pump for consumers while decreasing money available to them for spending on vital necessities like food and shelter:
http://www.livecharts.co.uk/trend_signals/trend_forecast_chart_selector.php?ts=Futures_WI
A statement like: “America’s in need of economic solutions” is certainly far from a stretch. Many would say such a statement falls more into the “You have a firm grasp of the obvious” category.
The questions are:
Who will offer the solutions? What solutions …

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“progressives” Don’t Care if Americans Suffer at the Pump
  20 Feb 2012     4:50 pm      Michael Fell

There’s widespread consensus in the United States that America needs to become less dependent on foreign oil. America’s growing, ongoing dependence on foreign sources puts her at ever-greater risk in an unstable world. This instability drives the costs higher.

“progressives” who feel an overwhelming compulsion to immediately replace America’s existing carbon economy with a green one couldn’t be happier with the higher costs. The current administration and fellow “progressives” continue to push America towards the green end, come what may. Stiffer regulations on auto makers, stifling EPA regulations on energy producers, …

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Today’s Top Story!
  17 Feb 2012     9:46 pm      Michael Fell

The “progressive” Party Pravda, in concert with White House Press Secretary Jay Carney and with permission from their overlords at Media Matters for America, announced today that construction of a ladder to heaven is scheduled to begin next spring, immediately after the current administration begins its second term. Funding will require implementation of a 100% tax rate on all tax brackets, to be supplemented as needed with dollars printed by the Federal Reserve.
It has been confirmed that only unions donating sufficient funds to “progressive” re-election campaigns will be considered as …

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Obama’s Budget: More Tax, Borrow and Spend
  13 Feb 2012     5:57 pm      Michael Fell

The White House presented its 2012 budget Monday. A $3.8 trillion proposal which includes $1.43 trillion in new taxes on households whose incomes meet or exceed $250,000 (note: this is the new “progressive” definition of millionaires and billionaires), a fourth straight year of $1 trillion-plus deficit spending (which will require yet more borrowing), and new mandatory spending intended for the Education and Energy Departments.
http://www.politico.com/news/stories/0212/72792.html
As has been the case for the past three years, the White House pays lip service to calls for reduced spending. There are no efforts made to …

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Rick Santorum’s Sweep Changes the Race
  8 Feb 2012     3:16 pm      Michael Fell

As the final Colorado vote counts were coming in late Tuesday night/early Wednesday morning, confirming that Rick Santorum scored a hat trick against his Republican competitors, it was becoming clear that a sea change is occurring within the GOP race.
More than before, it’s now arguable that the inevitability of Mitt Romney’s candidacy is a fallacy. This opinion has been long espoused by Republican grassroots activists across the country. Now there are numbers to back it up.
Santorum has now won four out of the eight contests. He has victories in four …

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Bob Beckel, You Are Wrong
  31 Jan 2012     2:34 pm      Michael Fell

For those who’re unaware of the big dust up stirred by Fl Rep Allen West, here’re the remarks he made at a Lincoln Day Dinner in West Palm Beach Fl:
“We need to let President Obama, Harry Reid, Nancy Pelosi, and my dear friend the chairman of the Democrat National Committee, we need to let them know that Florida ain’t on the table. Take your message of equality of achievement, take your message of economic dependency, take your message of enslaving the entrepreneurial will and spirit of the American people somewhere …

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Green Failures
  30 Jan 2012     5:12 pm      Michael Fell

Here are a few of the latest companies to join the growing list of “green” “sustainable energy” failures that have been supported by the current Administration’s deficit “stimulus” spending. All this financing has been done using your tax dollars…well, actually tax dollars to be paid in the future by your grandchildren and great grandchildren to China. Plus interest:
Evergreen Energy-Which has filed for Chapter 7 bankruptcy, saying it’s “impossible to maintain operations” due to funding shortfalls. This announcement comes after the company received $5.3 million in “stimulus” funds.
Amonix Inc.-A manufacturer of …

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Why obama is Toast
  26 Jan 2012     4:30 pm      Michael Fell

 
 
 
 
This just in from the Associated Press:
The Commerce Department said Thursday new-home sales fell last month to a seasonally adjusted annual pace of 307,000. The pace is less than half the 700,000 that economists say must be sold in a healthy economy.
About 302,000 homes were sold last year. That’s less than the 323,000 sold in 2010, making 2011 the worst year on records dating back to 1963.
http://news.yahoo.com/home-purchases-fall-2011-worst-ever-sales-152515874.html
This doesn’t bode well for the current White House occupant, who’s staking his re-election on a two pronged strategy of attacking Republicans and spinning …

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State of the Union or Wishful Thinking?
  25 Jan 2012     5:46 pm      Michael Fell

The 2012 State of the Union address has come and gone with little change in the White House’s view of the world. This is unfortunate. America needs viable solutions, not more wishful thinking.
Most disturbing is the continued, steadfast insistence that doubling America’s corporate tax rate will somehow create middle class jobs. After repeated failures by the current Administration to productively invest taxpayer’s money in green energy companies like Solyndra, what track record exists to support the assumption that government can invest the people’s money more wisely than those who earned …

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