What a bomb it is for Obama on an election year. Expectations for the new jobs numbers ranged from 150,000 to 210,000. Instead, only 96,000 new private sector jobs were created, a brutal number, even worse than last month’s. Obama was given a bit of window dressing in the form of the unemployment rate, which […]
This clip to help promote the informative documentary film “I WANT YOUR MONEY”. The full documentary is at http://www.IWantYourMoney.net. If you like this short clip, you will love the full length documentary. It features great in-depth interviews with economic experts and knowledgeable political figures. [youtube 3h8O7V-WxWQ nolink]
President Barack Obama was a pioneering contributor to the national subprime real estate bubble, and roughly half of the 186 African-American clients in his landmark 1995 mortgage discrimination lawsuit against Citibank have since gone bankrupt or received foreclosure notices. As few as 19 of those 186 clients still own homes with clean credit ratings, following […]
SOCIALIST TYPE GOVERNMENTS HAVE RESULTED IN A LOSS OF FREEDOM AND VERY HIGH TAX RATES IN THE EUROPEAN UNION: WILL THIS BE AMERICA’S FUTURE TOO? Have you ever wondered what the real cost of those proposed socialist programs are going to be – once most of the programs of the Democrat-Socialists are fully implemented in […]
Recent trends in poverty rates should have the country furious at its leaders. When we get the data for 2011 next month, we are likely to see yet another uptick in poverty rates, reversing almost 50 years of economic progress. The percentage of people in extreme poverty, with incomes less than half of the poverty […]
The Obama administration hailed Friday’s jobs report from the Labor Department’s Bureau of Labor Statistics (BLS), claiming that the 163,000 net new jobs in July represented a positive development after three months, April through June, in which US payrolls increased by less than half that number. The American media took a similar view in its […]
The nonpartisan Congressional Budget Office (CBO) on Wednesday warned the economy will enter a recession next year if the country goes over the so-called fiscal cliff. In its most dire warning yet about the fiscal cliff, the CBO said the economy would contract by 0.5 percent in calendar year 2013 if the George W. Bush-era […]
ALARMING! Washington’s Dilemma!. Soaring debt and a budget Congress can’t balance. This VIDEO explains why. Every person in the United States should watch this video! Before Washington will fix the problem, Americans must understand the problem. This video will help you understand. [youtube EW5IdwltaAc nolink]
The odds the United States will slip back into recession next year have risen, ratings agency Standard & Poor’s said, citing risks from the European debt crisis and budget tightening at year-end. The US ratings firm raised the chance of the US falling into recession to 25 percent, up from a 20 percent chance estimated […]
Peter Diamond and Emmanuel Saez (Wall Street Journal High Tax Rates Won’t Slow Growth) offer a beguiling Leftist narrative: The 1% will cough up incremental tax revenue up to a 70 percent rate without cutting the things they do to generate economic growth. We can then use their money to fund “higher-return public investments” (such […]
