Obama’s policy is working . . . to raise energy costs. Gas is well over $4 a gallon in most places in California — and soaring elsewhere as well. But are such high energy prices good or bad? That should be a stupid question. Yet it is not, when the Obama administration has stopped new […]
If the stock market performance was an accurate measure of economic health, then Zimbabwe would have had one of the healthiest economies on the entire globe during the last decade. Just like Zimbabwe’s stock market was artificially pumped up with “funny money” that was rapidly being devalued, so is the United States. All of the […]
It seems the Pittsburgh Steelers weren’t the only ones having a bad day Sunday: Tax watchdogs are flagging President Barack Obama for lecturing Fox News host Bill O’Reilly that he’s never raised taxes. One anti-tax expert even called Obama’s assertion a “pre-meditated lie.” The “no new taxes” pledge from Obama came during his exclusive pre-Super […]
The U.S. House of Representatives will be voting on an historic repeal of the Obamacare law. While there are many reasons to oppose this flawed government health insurance law, it is important to remember that Obamacare is also one of the largest tax increases in American history. Below is a comprehensive list of the two […]
President Obama’s comments on Wednesday in a joint press conference with Chinese President Hu Jintao, misinformed the public about potential changes in foreign exchange rates and their effects on U.S. citizens. Obama on Wednesday said that he would like to see the Chinese yuan appreciate faster in value. While Hu indicated that China is committed […]
We have a $13 TRILLION dollar debt that is generating an additional $4 billion dollars in interest every single day of the year, so $4b X 365 days a year equals $1.460 TRILLION dollars more in debt each year, and the last time I checked that was more than all annual government income sources combined. […]
By: Daniel Amerman Overview The real US unemployment rate is not 9.8% but between 25% and 30%. That is a depression level of job losses – so why doesn’t it look like a depression for many people? How can so large of a statistical discrepancy exist, and how is it that holiday shopping malls are […]
Refusing to face the need for radical change and adaptation only makes the eventual adjustment more traumatic and less likely to succeed. As an initial reaction to unwelcome crises, denial serves a psychological purpose. Closing our eyes and hoping the Monster will go away is the first stage of eventual acceptance and engagement with unwelcome […]
WASHINGTON — The Spanish professor is puzzled. Why, Gabriel Calzada wonders, is the U.S. president recommending that America emulate the Spanish model for creating “green jobs” in “alternative energy” even though Spain’s unemployment rate is 18.1 percent — more than double the European Union average — partly because of spending on such “green” jobs? Calzada, […]
Los Angeles- Trump: “China Will ‘Destroy’ Our Country”, Billionaire Donald Trump react to President Obama saying U.S shouldn’t contain China. [youtube TbUDfIzqpwU nolink]
