Talk about a short celebration. Just eight hours after President Obama walked onto a Chicago stage to give his victory speech to an adoring crowd, his re-election party would come to a crashing close. As the opening bell rang on Wall Street, investors, who only days ago sought certainty, had suddenly become skeptics. The thought […]
The United States is headed for a recession during President Barack Obama’s second term, renowned financial guru Steve Forbes predicted Wednesday. “We won’t get a depression, thankfully. This is still a very resilient economy, but we will have a recession,” Forbes, chairman and editor-in-chief of Forbes Media, told Newsmax.TV in an exclusive interview. “Raising taxes […]
Stocks tumbled across the board Wednesday in the wake of President Barack Obama’s re-election, triggered by worries over the looming “fiscal cliff” and as fears over Europe’s economy reemerged. “I don’t think there’s a long-term market reaction to the presidential election itself—it’s now how quickly we can focus on the ‘fiscal cliff’ and coming up […]
Appears tonight the United States has lost, as the country steams toward socialism, massive taxation and further debt. If you did not vote, don’t complain. In Florida Obama was ahead by about the same amount of votes Gary Johnson the libertarian pulled in, 40,000. Johnson could very well be the Nader of the Republican party […]
The average American relying on federal government assistance receives more in benefits than the average American’s disposable personal income, according to The Heritage Foundation’s newly released 2012 Index of Dependence on Government. The Index reports Americans who rely on government receive an average $32,748 worth of benefits, surpassing the average American’s disposable personal income of $32,446. […]
With the latest jobs report, it is now the case that “Under Obama, Food Stamp Growth is 75 Times Greater Than Job Creation,” according to statistics compiled by the Republican side of the Senate Budget Committee. “For Every Person Added to Jobs Rolls Since January 2009, 75 People Added To Food Stamp Rolls.” Here’s a […]
How desperate is hurricane-ravaged New Jersey? Not desperate enough to suspend a union monopoly that keeps the state in the bottom ten states for economic competitiveness (and #48 for business friendliness). Just after Obama and Christies walk through, Relief crews from Alabama who were specifically called to New Jersey found themselves diverted to Long Island, […]
The White House has asked Lockheed-Martin NOT to issue notices of lay-offs until December (after the election). The government will then use taxpayer money to pay all severance costs for those who are lay-off/fired… Again, Obama is using dirty rotten politics. Lockheed Martin is going to lay off 123,000 defense workers due to Obama’s downsizing […]
The top government watchdog for the Department of Energy has been asked to investigate a stimulus-backed Michigan battery plant where workers reportedly spend hours every day playing cards, watching movies and generally not working. FoxNews.com earlier reported that the LG Chem plant in Holland, Mich., which was approved for a $150 million federal grant, had […]
By Gordon Smith– This week, I decided to list the reasons I would not vote for Barack Obama in the next election. A few months ago, I said I would never join the “Anyone But Obama” crowd. Now I must eat my words. Having lived under the rule of this egotist for three and […]
