By Caroline Glick Oct 13, 2012 Decades ago, the sociographer Milton Himmelfarb coined the aphorism that “American Jews earn like Episcopalians and vote like Puerto Ricans.” And his words ring as true today as ever. Surveys show that roughly 70 percent of American Jews intend to cast their ballots for President Barack Obama’s reelection next […]
Republican presidential nominee Mitt Romney promised to label China as a currency manipulator, and, if elected, would prosecute their practice of limiting their currency as a means to keep their export prices low, during Tuesday night’s debate. President Obama, likewise, bragged about his tough stance against China’s low-cost goods and currency manipulation according to the Wall Street Journal. […]
Welfare spending has grown substantially over the past four years, reaching $746 billion in 2011 — or more than Social Security, basic defense spending or any other single chunk of the federal government — according to a new memo by the Congressional Research Service. The steady rise in welfare spending, which covers more than 80 programs primarily designed […]
“Barack Obama has pension investments that include Chinese firms, and “investments through a Caymans trust.” –Mitt Romney, During Tuesdays debate. One of the many tense moments in the second presidential debate turned on a new topic in the race: President Barack Obama’s pension account. Here’s how it came up: Early in the face-off, Obama scoffed at […]
France is sliding into a grave economic crisis and risks a full-blown “hurricane” as investors flee rocketing tax rates, the country’s business federation has warned. The situation is very serious. Some business leaders are in a state of quasi-panic,” said Laurence Parisot, head of employers’ group MEDEF. “The pace of bankruptcies has accelerated over the […]
The Kaiser Family Foundation just released a study that grossly misrepresents the premium-support model of Medicare reform and apparently misunderstands normal market dynamics and the differences between efficiency, choice, and higher premiums. The Kaiser study assumes that an entire class of Americans—senior citizens—is insensitive to price. In reality, seniors are price sensitive when they are […]
David Siegel, the founder and CEO of real estate company Westgate Resorts on Monday threatened to fire some employees if Barack Obama is reelected and carries out his plan to raise taxes on the so-called rich. The following are highlights from an email message sent by Siegel to his staff that was obtained and verified. Subject: Message […]
In an experiment apparently aimed at keeping down the cost of health-care reform, Orlando-based Darden Restaurants has stopped offering full-time schedules to many hourly workers in at least a few Olive Gardens, Red Lobsters and LongHorn Steakhouses. Darden said the test is taking place in “a select number” of restaurants in four markets, including Central Florida, but […]
The UE Number dropped because 368,000 workers dropped off the UE rolls and stopped looking last month. Even if the jobs created number was a negative the “Official” UE Number would have dropped. Obama and his liberal media need to reduce the unemployment rate below 8% to keep Obama in power by all possible means, […]
As wholesale gasoline prices set all-time highs, some filling stations run out of fuel and don’t buy more. Others stay open and pass along costs to customers. Skyrocketing gasoline prices caused some local service stations to shut off their pumps Thursday while others shocked customers with overnight price increases of 30 cents or more. California’s […]
