JPMorgan Chase & Co. (JPM) has agreed to sell 1 Chase Manhattan Plaza, the tower built by David Rockefeller, to Fosun International Ltd., the investment arm of China’s biggest closely held industrial group, for $725 million. China’s developers and companies are expanding in overseas property markets as the government maintains curbs on housing at home to cool […]
America is hurting for jobs. And if you’re looking for one, here’s how Obamacare is hurting you. Obamacare is keeping businesses from hiring. We already knew that many employers plan to cut workers’ hours to stay under the threshold of Obamacare mandates. This makes full-time jobs—much less full-time jobs with health benefits—harder to come by. […]
Credit: KAREN BLEIER/AFP/Getty Images/Newscom The Internet does weird things to people. One of those weirdnesses comes from the tech-savvy community on the left, who sincerely embrace an agile, entrepreneurial, bottom-up culture in their professional and voluntary pursuits, yet forcefully argue for the top-down paternalism of forcing people to buy health insurance, imposed by a bureaucracy […]
This president having no shame, and dong what he pleases to fast-track the United States into bankruptcy Obama pathetically spend so much on Thursday that on that day alone the debt increased by some $300 billion dollars. It was the first day the federal government was able to borrow money. Obama wasted no time in […]
(NaturalNews) The scramble is on to bring the logistical framework for Obamacare into full fruition before its inaugural arrival in 2014. But as legislators and program architects dig down into the nitty-gritty of what the “tax” will actually entail in practicality, it is becoming abundantly clear from basic economics that the entire system will collapse […]
KEVIN DIETSCH/UPI/Newscom The White House’s definition of “success” may seem a little more than jaded after you read this. During his speech today in the Rose Garden, President Obama stood in front of a group of individuals he claimed represented the “success stories” of Obamacare. But “success” is relative, as the Washington Examiner’s Byron York […]
President Obama boasted last week that he had signed legislation to lift “the twin threats” to our economy of government shutdown and default. But what was done to fix the problem of growing debt that leads Washington to repeatedly raise the debt ceiling? Nothing. In fact, by Friday, the U.S. debt had rocketed past $17 […]
Young people in 45 states will see their health insurance premiums increase under Obamacare because the law relies on the money they pay into the system to offset the cost of caring for older enrollees, according to a new study. Virginia leads the pack, as individuals aged 27 and under will see their health insurance […]
When it comes to your position on Obamacare, financial guru Dave Ramsey says political parties don’t matter—only math. “Your health insurance premiums are going to go way up,” Ramsey said on his Oct. 4 show. “They have to . . . it’s not a political statement. It’s that I know how to do math.” Starting […]
Tetra Images Tetra Images/Newscom Restaurant owner Glenn Helseth and his wife have operated the Carrot Tree Kitchens Restaurant in Yorktown, Virginia, for more than a decade. Since the National Park Service owns the building in which his restaurant is housed, Helseth was forced to close his restaurant following the start of the government shutdown on […]
