Category: Economy

Choose Your Stimulus

Posted on by Michael Fell

The Spanish Economic Ministry denied there’s been a surge in withdrawals from the nation’s banks, while Spain’s Prime Minister warned that borrowing costs could reach “astronomical” proportions over fears about the weakness of Spain’s financial institutions. Greeks have been taking their savings out of banks, with nearly a third taken out during this year’s first […]

 

Foolish Naivete: Sen. Coburn ‘Believes’ Obama Will Become Entitlement Reformer in 2nd Term

Posted on by Warner Todd Huston

Republican Senator Tom Coburn has just completed his transformation into a laughing stock. In an interview with the Washington Post’s Ezra Klein, Coburn claimed that he fully believes that President Obama will become an “entitlement reformer” in his second term. At the end of Klein’s first part of the interview he asks Coburn if Republicans […]

 

FAIL: Obama Ad Attacks Romney for Bain Bought Company That Laid People Off… But Romney DIDN’T Work There Then!

Posted on by Warner Todd Huston

Barack Obama released a new video ad featuring former workers of GST Steel of Kansas City who lost their jobs because of Mitt Romney’s work at Bain Capital — at least according to Obama that’s why they lost their jobs. Unfortunately for team Obama, the truth seems to argue against his campaign lies. The ad […]

 

“Government doesn’t give tax cuts, it takes more or less taxes”

Posted on by Craig Newmark

Keith Hennessey: The President’s language puts us on a slippery slope. Under this approach we treat all: tax revenues as if they originate within the government. : We create moral parity between giving tax cuts and increasing government spending. : We trust government officials to reallocate society’s resources to those whom they determine most need it while ignoring […]

 

Dangers of the Ballot Initiative

Posted on by Warner Todd Huston

At first blush, the idea of having ballot initiatives on election day seems like such a great, democratic idea. Unfortunately, all too often, all they are is a way to enlarge government, chip away at freedom, and cost the taxpayers money without returning the benefits promised. California is the perfect example of these troubles. The […]

 

Bummer: “GOP Leaders On Gay Marriage: Sound Of Silence”

Posted on by William Teach

The Politico’s CARRIE BUDOFF BROWN and SEUNG MIN KIM have a breathless piece up featuring that headline, minus the “bummer.” They opine President Barack Obama’s embrace of same-sex marriage was viewed for so long as such a risky move that operatives in both parties expected it to drop like a bomb, handing Republicans a powerful […]

 

Dems War On Women: 324,000 Drop Out Of Civilian Labor Force In Two Months

Posted on by William Teach

I’m sure those who are giving up on finding work are comforted by Obama opining on gay marriage, spiking the ball on Osama, and discussing dogs (CNS News) 324,000 women dropped out of the nation’s civilian labor force in March and April as the number of women not in the labor force hit an all-time […]

 

WV Dems Not Thrilled About Anti-US Energy Obama, Voted for Felon Instead

Posted on by Warner Todd Huston

President Obama had an opponent in the West Virginia Democrat Primary and the fella did pretty well, too. Democrat Keith Judd was Obama’s primary opponent for the Democrat nomination for President on Tuesday and he garnered 40% of the cote, too. I’d say that’s pretty good for a convicted felon that is still serving time […]

 

Robinson: You Crazy GOPers Need To Give This Austerity Thing Up

Posted on by William Teach

Liberals love government spending. They don’t like using their own money on it, of course. They refuse to send in extra money to the IRS, always wanting Someone Else to be taxed higher. But, they love government spending. And the elections in Europe remind me of a Ben Franklin quote “When the people find that […]

 

Obama Lies About Ohio Bridge Repairs For a Second Time

Posted on by Warner Todd Huston

Apparently Obama and his administration operate under that old, underhanded adage that if you tell a lie long enough and loud enough it becomes “truth” because Obama has done it again by lying about how his jobs bill was to have been instrumental in the repairs of bridges that span the Ohio River. Back in […]

 

What To Name The Next Generation? How About “iNsolvent”?

Posted on by William Teach

What’s your take? (USA Today) A frantic race to name the next generation of American consumers may be nearing the finish line. The winner could walk off with fame, fortune – and way cool bragging rights. But exactly what do you call a generation of techno-junkies? How about Generation Wii – after the wildly popular […]

 

Jon Lovitz: Another Hollywierder Mugged by Reality

Posted on by Warner Todd Huston

Last week comedian Jon Lovitz appeared on a podcast to talk about his years on NBC’s Saturday Night Live. The conversation, though, veered toward politics and to many left-wingers it veered too to the right! On the pocast, Mr. Lovitz went on a tirade about what he feels are the tax lies Obama is unleashing […]

 

Video: Costs of Energy Killing Small Businesses

Posted on by Warner Todd Huston

Maria Tworek owns and runs the Brass Monkey Sports Bar in Omaha, Nebraska. It takes a lot of electricity to keep her business going, a commodity whose price just seems to rise. With a greater reliance on coal for electricity, America can keep prices affordable for people like Maria. Clean Coal. Now Is The Time. […]

 

EPA ‘Crucifixion’ Video Pulled From Youtube, The Liberal Cockroach Behind the Move

Posted on by Warner Todd Huston

Earlier in the week a video surfaced on Youtube of Al Armendariz, head of the EPA office in Dallas, saying that he and his agency planned to “crucify” any business that crosses them. The video caused a lot of consternation on Capitol Hill as well as recriminations for the EPA. But by Friday the video […]

 

E.J. Dionne: Romney’s Economic Plans Are Radical Because They Don’t Include Goverment

Posted on by William Teach

In Liberal World, the only entity that can truly make the economy grow is The Government Romney’s principled, radical view for America It turns out that there is at least one question on which Mitt Romney is not a flip-flopper: He has a utopian view of what an unfettered, lightly taxed market economy can achieve. […]

 

Obamanomics: 50% Of New College Grads Unemployed/Underemployed

Posted on by William Teach

How’s that HopeyChangey crappola working for ya? (AP) The college class of 2012 is in for a rude welcome to the world of work. A weak labor market already has left half of young college graduates either jobless or underemployed in positions that don’t fully use their skills and knowledge. Young adults with bachelor’s degrees […]

 

Wealthy Michigan Teacher Upset She Can’t Retire at 47

Posted on by Warner Todd Huston

It’s just unfair, isn’t it? I mean, if an $80,000-per-year, union protected, unfireable, teacher can’t retire at the extremely young age of 47 while the rest of us have to work into our 70s, well, what kind of world are we living in? That’s how teachers in Michigan feel, anyway. Just ask the haughty Terri […]

 

Media Misleads on California Prop 29

Posted on by Warner Todd Huston

Californians are being asked once again to fund a government boondoggle with a ballot initiative which will levy more taxes on an already over taxed state. This time it is Proposition 29, intended to fund the California Cancer Research Act, a measure that appeals nicely to emotions but will likely be just another black hole […]

 

ANWR: It’s Been ’10 Years,’ We Could Have Been Reaping Rewards Now

Posted on by Warner Todd Huston

Ten years ago this month the Democrats defeated the bill that would have allowed us to drill for oil in the Arctic National Wildlife Preserve (ANWR). So it’s happy anniversary to the loss of our energy independence once again. It turns out that the tenth anniversary is known as the “tin” anniversary in that wonderful […]

 

Dueling Tax Plans: GOP Small Business Tax Break Vs. Buffett Rule

Posted on by William Teach

One party pushes class warfare while the other pushes for job creation (Politico) With the glare of the public spotlight trained on Tax Day, Congress is readying for a political fight with dueling tax votes this week that will define each party’s priorities in this election year. In one corner are Republicans, who are touting […]

 

Arrogant Democrats Think They Have Role to ‘Protect’ Titanic Wreck Site

Posted on by Warner Todd Huston

The Titanic sunk 100 years ago this year. The great ship went down in international waters as a vessel of British registry. When it went down the United States was barely a presence on the international stage. Yet now, 100 years later, American Democrats imagine they have the duty and power to control what will […]

 

Healthcare Death Panels Are Inevitable

Posted on by Warner Todd Huston

>Much was made of Governor Sarah Palin’s use of the term “government death panels” to lambaste Obamacare. Left-wingers and Democrats everywhere scoffed at the term and accused Palin of demagogy and even lying. But the fact is, government death panels of all sorts are inevitable once government takes over healthcare. In fact, once government takes […]

 

The Rich are Getting Poorer Under Obama

Posted on by Rachel Alexander

Obama is shrewdly characterizing the recession in a way that breeds resentment towards the wealthy, diverting dissatisfaction away from himself. Most of his recent speeches include assertions that there are a few Americans getting rich, while everyone else is suffering. “The notion that we would ask sacrifice from folks who are already struggling in order […]

 

Romney Turns Dems “War On Women” Meme Right Back At Obama

Posted on by William Teach

The Democrats started their little meme of a Republican war on women a few months ago with their Sandra “I want tons of free contraception” Fluke fake Congressional hearing, and have ginned up more outrage since. Though, I’d think women would be a little ticked off that Democrats have essentially been stating that women aren’t […]

 

Would the Buffett Tax “stabilize our debt and deficits”?

Posted on by Wintery Knight

The Wall Street Journal assesses Obama’s claims about the Buffett Tax. Excerpt: Forget Warren Buffett, or whatever other political prop the White House wants to use for its tax agenda. This week the Administration officially endorsed what in essence is the Obama Rule: Taxes must be high simply to spread the wealth, never mind the […]

 

Media Caught Peddling Left-Wing Narrative in Place of News

Posted on by Warner Todd Huston

There are several things in common that recent stories about a San Diego City Councilman who is running for Mayor have and truth doesn’t seem to be one of them. In fact, these stories are so similar that one is tempted to think that those columnists and “reporters” that wrote these stories had a bit […]

 

Obama, Doublespeak, and Why He Will Lose Reelection

Posted on by Rachel Alexander

In 1980, incumbent Democrat President Carter lost reelection to Republican challenger Ronald Reagan in large part due to high gas prices and a weak economy. This year, not only are gas prices sky high and continuing to rise, but there is massive unemployment and a foreclosure crisis. Virtually everyone agrees that the economy is the […]

 

Will Media Apologize for Airing Anti-Apple Computer Activist’s False Claims?

Posted on by Warner Todd Huston

When it broke, the Old Media was all over Mike Daisey’s story of the horrid working conditions at Apple Computer’s foreign manufacturing plants. The story had oppressed workers, pathos, and best of all, eeevil corporate greed. Daisey was well on the road to making Apple the liberal’s newest bete noire and was being hailed as […]

 

Welfare, Not Work: Obama Shuts Down Minority Business Agency

Posted on by Warner Todd Huston

Hosannas. Obama has finally cut some federal spending. But noting which agency he shut down is sort of emblematic of his whole welfare/big government-pushing presidency. On Friday, the Department of Commerce announced that it would be shutting down all five regional offices of the Minority Business Development Agency, an agency that was created by Richard […]