15 Signs That You Better Get Prepared For The Obama Recession Of 2013

You better get ready, because there are a whole host of signs that economic trouble is on the horizon. U.S. economic growth slipped into negative territory during the fourth quarter of 2012. That was the first time that has happened in more than three years. Several important measures of manufacturing activity have also contracted in […]

Full Story

US slips back into recession

The US economy unexpectedly took its biggest plunge in more than three years last quarter, contracting at an annual rate of 0.1 percent and indicating a new level of vulnerability for the economy. The plummet marks the first time the economy contracted since the Great Recession ended and is causing concern that the US could […]

Full Story
Tom McClintock

Deconstructing Dan Morain, Leftist Writer for Sacramento Bee, By Congressman Tom McClintock

By Tom McClintock on January 22, 2013 On January 6, the Sacramento Bee published a 1000-word polemic by Dan Morain attacking my opposition to the “fiscal cliff deal.” To its credit, the Bee published my response to the public policy issues involved, but the innuendoes, inaccuracies and omissions in Mr. Morain’s column are so stark as […]

Full Story
Iranian cargo ship (illustrative)

Iran Suffers Another Accident: $40 Million Platform Unit Sinks In Gulf

A $40 million engineering structure belonging to Iran’s South Pars gas field, which was to be used in offshore platforms, sank into the Gulf as it was being installed, media said on Wednesday, as reported by AFP. The equipment was built by Maritime Industrial Company (SADRA), an affiliate of the industrial wing of Iran’s Revolutionary […]

Full Story

GDP Shows Surprise Drop for US

The U.S. economy posted a stunning drop of 0.1 percent in the fourth quarter, defying expectations for slow growth and possibly providing incentive for more Federal Reserve stimulus. The economy shrank from October through December for the first time since the recession ended, hurt by the biggest cut in defense spending in 40 years, fewer […]

Full Story

It’s Time to Stop Picking Winners and Losers in the Energy Industry

Bill Clark/CQ Roll Call/Newscom Representative Mike Pompeo (R–KS) hopes his new bill calling for the repeal of all energy tax credits on both conventional and renewable energy sources will level the playing field for energy producers and consumers and prevent the government from picking “winners and losers.” The Energy Freedom and Economic Prosperity Act (EFEPA) […]

Full Story
Israeli oranges

Pro-Israel Groups Prepare to Battle BDS (Boycott, Divest, and Sanction) ‘Day of Action’

Anti-Israel Arab sympathizers and international anarchists are targeting several Israeli fruit exporters with protests, in their ongoing efforts to promote boycotts of Israel. In a statement released several weeks ago, the international BDS (Boycott, Divest, and Sanction) movement named February 9 as a “Day of Action” against two major Israeli agricultural exporters to Europe, Mehadrin […]

Full Story

Tales of the Red Tape #38: OSHA Advances Worker Risk—and Not Much Else

If the Occupational Health and Safety Administration (OSHA) regulated its own doings in the manner it does private business, the agency’s doors would surely be shuttered. So lousy is its record of accrediting workplace safety examiners that some applicants have waited 10 years for their paperwork to be processed. It’s gotten so bad, in fact, […]

Full Story