Obama 2009: If I can’t fix the economy in three years, you can call me former President

Don’t you hate it when your own words come back to bite you in the butt? Back in Febuary 2009 President Obama told Today Show host Matt Lauer that he’d ...

Chevy Volt Costing Taxpayers Up to $250K Per Vehicle

Thanks to Obama and another fiscal disaster, each Chevy Volt sold thus far may have as much as $250,000 in state and federal dollars in incentives behind it – a ...

The Real Unemployment Numbers

“Not Counted by Obama” Discouraged Workers are Responsible for Reducing the Unemployment Rate,  Not Job Creation. Friday’s farcical unemployment report has a lot of people scratching their heads. It’s a farce not ...

Obama’s Depression

By Stephen Lendman Chosen to serve power, not popular interests, Obama wrecked America’s economy to save giant Wall Street banks. He’s still doing it, despite claiming he’s been out in ...

Twice As Bad As Solyndra, Twice As Bad For Obama

Congressman’s son lobbied for failing solar panel company by Neil W. McCabe A photovoltaic solar panel ranch similar to the California Solar Valley Ranch under construction by SunPower in the ...

World is heading for ‘Great Stagnation’

There is a growing risk that the global economy will move from the ‘Great Recession’ into the ‘Great Stagnation’, according to economists at Goldman Sachs. By Angela Monaghan, Stagnations typically ...

Obama’s Jobs Plan is ‘a Complete Joke’

President Barack Obama’s recently unveiled $447 billion job-creating bill is “a complete joke” and won’t work because the economy needs less spending not more, says Marc Faber, editor of the ...

Obama Plan to Allow More Jobs Lost Overseas

Two days ago Obama spoke about creating jobs in the United States spending more taxpayer money on unproven plans.  What he did not mention is the the United States is ...

25 Signs That The Financial World Is About To Hit The Big Red Panic Button

(TheEconomicCollapse) Most of the worst financial panics in history have happened in the fall.  Just recall what happened in 1929, 1987 and 2008.  Well, September 2011 is about to begin ...

White House Dismisses Fed Figures on Bush Tax Cuts

John Gizzi- The White House yesterday stepped up its longstanding effort to generate support for repeal of the Bush tax cuts on the highest American wage-earners. At the regular briefing ...