The famed Russian news site “Pravda,” which ironically was formed as the official Communist publication of the former Soviet Union, released a scathing opinion column entitled, “Obama’s Soviet Mistake,” in which the author unabashedly labels the U.S. president a “Communist without question promoting the Communist Manifesto without calling it so.” The author, Xavier Lerma, goes on […]
The creation myth of American wealth is almost always rooted in the entrepreneur. It’s the two kids who start a computer company in their garage or dorm room. Or the former standup comic who creates form-shaping undergarments, or the South African immigrant who creates a new electric car and private space program. But despite the […]
Thousands of bridges around the U.S. may be one freak accident or mistake away from collapse, even if the spans are deemed structurally sound, experts say. Considering the high taxes in the States its a wonder where the money goes, simply put not to the infrastructure for the benefit of the citizens. Perhaps the Afghans […]
President Barack Obama has nominated Rep. Mel Watt to be Director of the Federal Housing Finance Agency. If his appointment is upheld, Watt may well lead America into another housing collapse. Watt is the Democratic Representative from the 12th district of North Carolina. He has been in Congress now for 20 years and is well versed in […]
(CNSNews.com) – 9.5 million Americans have left the workforce during the presidency of Barack Obama, according to the Bureau of Labor Statistics. In April, the total number of Americans counted as “not in the labor force” declined for the first time since December, but that number was still near a record high at 89,936,000. Those […]
Faced with the obligation to bail out yet another country the European Union forced the confiscation of money held in Cypriot banks as a partial remediation of the current financial crisis—perhaps setting up a dry run for what they may try and do in Spain or Greece later this year. All this should be a […]
The percentage of Americans that are working for themselves has never been lower in the history of the United States. Once upon a time, the United States was a paradise for entrepreneurs and small businesses, but now the control freak bureaucrats that dominate our society have created a system that absolutely eviscerates them. This is […]
By: Jeff Cox Two months from now, revised government estimates are likely to show that the economy is even bigger than the currently stated $15 trillion. And while the numbers may make some blink or gasp, the mere size of gross domestic product won’t hide the reality that in terms of actual growth, this is also the worst […]
By Peter Morici The Commerce Department reported Monday that the growth of consumer spending slowed in March, further indicating the United States may be swept into Europe’s recession and the ranks of the U.S. unemployed are swelling. Tax increases are tightening purse strings. In March, consumer spending advanced a tepid 0.2 percent—much weaker than the […]
Who would have ever thought that the best thing about being President would be the non-stop golfing and vacations? Sure, you may be too broke to go on vacation because of Obama’s bad decisions, but that isn’t stopping him from vacationing on your dime. A nonpartisan group called the Government Accountability Institute (GAI) just did […]
