Was Obama Simply Following Protocol? You Decide

A senior Whitehouse official defending President Barack Obama claimed he was observing protocol when he bowed to Japanese Emperor Akihito and Empress Michiko upon arriving at the Imperial Palace in Tokyo on Saturday. I guess the other leaders of the world failed to “observe protocol.” Pictures speak louder than 1000 words: Was Obama Simply Following […]

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Obama Handcuffs Terror Probers

Jim Meyers Veteran political analyst Dick Morris tells Newsmax that the Obama administration is “deliberately mischaracterizing” the Fort Hood massacre by refusing to admit it was a terrorist attack. Morris also said the failure to recognize the danger posed by Major Nidal Hasan, the Army psychiatrist accused of the killings, points to “Obama’s failures in […]

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Huge China Crash Coming

Julie Crawshaw To the growing number of China bears, add Kynikos hedge fund manager Jim Chanos, who is reportedly shorting the entire Chinese economy. Chanos, among the first to see through Enron’s web of accounting tricks, told Politico.com he sees a similar situation evolving in China — starting with the fact that the $4.3 trillion […]

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Feds move to seize 4 mosques, tower linked to Iran

Federal prosecutors took steps Thursday to seize four U.S. mosques and a Fifth Avenue skyscraper owned by a nonprofit Muslim organization long suspected of being secretly controlled by the Iranian government. In what could prove to be one of the biggest counterterrorism seizures in U.S. history, prosecutors filed a civil complaint in federal court against […]

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Get Ready for a 60 Percent Top Tax Rate

Gene J. Koprowski Economists who have the Obama administration’s policy-making ear simply do not believe that higher marginal tax rates will retard economic growth, writes economist Irwin Stelzer. Writing in the The Weekly Standard, Stelzer explains that the administration is flirting with such things as a 60 percent rate on the incremental income of high […]

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FedSpeak Translation – There Is No Recovery

In separate speeches, Janet Yellen, president of the Federal Reserve Bank of San Francisco, and Dennis Lockhart, president of the Federal Reserve Bank of Atlanta, warned that rising unemployment could crimp consumers, restraining the recovery. Consumer spending accounts for about 70 percent of economic activity. That’s because there is no real economic recovery at all. […]

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Shocking numbers: Real unemployment tops 22%

Obama Administration figures deliberately understate economic downturn The true rate of unemployment for October 2009 may be 22.1 percent, not the 10.2 percent reported by the Bureau of Labor Statistics, Jerome Corsi’s Red Alert reports. Unemployment at 22.1 percent, if accurate, would be at numbers not seen since peak unemployment during the 1973 to 1975 […]

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