Obama Nominee To Aid In Next Housing Collapse

President Barack Obama has nominated Rep. Mel Watt to be Director of the Federal Housing Finance Agency.  If his appointment is upheld, Watt may well lead America into another housing collapse. ...

9.5 Million People Have Left the Workforce Under Obama

(CNSNews.com) – 9.5 million Americans have left the workforce during the presidency of Barack Obama, according to the Bureau of Labor Statistics. In April, the total number of Americans counted ...

Will the U.S. be the next Cyprus and steal your savings?

Faced with the obligation to bail out yet another country the European Union forced the confiscation of money held in Cypriot banks as a partial remediation of the current financial ...

The Percentage Of Self-Employed Americans Is At A Record Low

The percentage of Americans that are working for themselves has never been lower in the history of the United States. Once upon a time, the United States was a paradise ...

‘Real’ Jobless Rate Still Above 10%

By: Jeff Cox Two months from now, revised government estimates are likely to show that the economy is even bigger than the currently stated $15 trillion. And while the numbers may ...

Consumer Spending Weakens, Economy Inches Toward Second Recession

By Peter Morici The Commerce Department reported Monday that the growth of consumer spending slowed in March, further indicating the United States may be swept into Europe’s recession and the ...

Report: Obama Spent Twice As Much Time On Vacation Than The Economy

Who would have ever thought that the best thing about being President would be the non-stop golfing and vacations? Sure, you may be too broke to go on vacation because ...

Glimpse at Obamacare Math; Premiums up 25%

Proposed premiums for new policies for individuals will rise by 25 percent on average next year due to the ironically named “Affordable” Healthcare Act. In the latest preview of prices ...

Home Depot Co-founder: Obamacare Will ‘Kill Off’ Small Business

Retired Home Depot co-founder Bernie Marcus declared to Newsmax TV in an exclusive interview that “Obamacare is going to kill off small business.” “If [employees] are thrown out of their ...

The Hidden Evils of Obama’s Budget Proposal

On Wednesday, President Barack Obama released his long awaited and dreaded budget proposal.  He claims that it will help lead to a deficit reduction of over $1 trillion over the ...