Category: Economy

Dependence On Government Spikes 23% Under Obama

Posted on by William Teach

And that’s just the way Government wants it (IBD) The American public’s dependence on the federal government shot up 23% in just two years under President Obama, with 67 million now relying on some federal program, according to a newly released study by the Heritage Foundation. The conservative think tank’s annual Index of Dependence on […]

 

Rick Santorum’s Sweep Changes the Race

Posted on by Michael Fell

As the final Colorado vote counts were coming in late Tuesday night/early Wednesday morning, confirming that Rick Santorum scored a hat trick against his Republican competitors, it was becoming clear that a sea change is occurring within the GOP race. More than before, it’s now arguable that the inevitability of Mitt Romney’s candidacy is a […]

 

Red Light Cameras: Government’s ‘It’s For Public Safety’ Lie

Posted on by Warner Todd Huston

Red light cameras are a mixed bag across the USA. Big cities love them, small cities increasingly less. But one thing is universal where ever they are tried. The whole thing is about revenue generation, not public safety. Most city administrations try desperately to hide their greed behind hoary claims of safeguarding the public, but […]

 

Surprise! Harry Reid, Democrats, Say No To Any 2012 Or 2013 Budget Bill

Posted on by William Teach

This is getting rather repetitive (Washington Examiner) “Let’s see it,” a frustrated Sen. Jeff Sessions said on the Senate floor Monday afternoon. “Let’s bring it forward.” By “it,” Sessions meant a Democratic proposal for a 2012 federal budget. In recent days Sessions, the top Republican on the Senate Budget Committee, has been asking, pushing, pleading, […]

 

Bob Beckel, You Are Wrong

Posted on by Michael Fell

For those who’re unaware of the big dust up stirred by Fl Rep Allen West, here’re the remarks he made at a Lincoln Day Dinner in West Palm Beach Fl: “We need to let President Obama, Harry Reid, Nancy Pelosi, and my dear friend the chairman of the Democrat National Committee, we need to let […]

 

Obama Set to Cost Each of Us Hundreds a Year in Higher Electric Costs

Posted on by Warner Todd Huston

Barack Obama’s avalanche of needless regulations on coal-fueled power plants are going into effect and the net result will be the closing of hundreds of power plants all across the country just when our need for power is increasing. This will absolutely necessitate the cost of our power to skyrocket. But, this is exactly what […]

 

Green Failures

Posted on by Michael Fell

Here are a few of the latest companies to join the growing list of “green” “sustainable energy” failures that have been supported by the current Administration’s deficit “stimulus” spending. All this financing has been done using your tax dollars…well, actually tax dollars to be paid in the future by your grandchildren and great grandchildren to […]

 

PG&E Wants Higher Rates Even While Collecting Millions for Improvements Never Made?

Posted on by Warner Todd Huston

Since the several disastrous accidents that claimed the lives of too many Californians, Pacific Gas & Electric has been fighting criticism over its dismal safety record. In response, the energy provider cried poor and said it needed billions for upgrades and repairs and wanted ratepayers to pay even more for its services. But a new […]

 

Why obama is Toast

Posted on by Michael Fell

        This just in from the Associated Press: The Commerce Department said Thursday new-home sales fell last month to a seasonally adjusted annual pace of 307,000. The pace is less than half the 700,000 that economists say must be sold in a healthy economy. About 302,000 homes were sold last year. That’s […]

 

How Barack Obama used taxpayer dollars to outsource green energy jobs

Posted on by Wintery Knight

This is from Hans Bader at: GlobalWarming.org. He links to this: ABC News: story. Excerpt: Despite all the talk of green jobs, the overwhelming majority of stimulus money spent on wind power has gone to foreign companies, according to a new report by the Investigative Reporting Workshop at the American University’s School of Communication in Washington, D.C. Nearly […]

 

Larry Summers Economic Memo To Obama: The Stimulus Was Never About Stimulus

Posted on by William Teach

The New Yorker has a lengthy piece on Barack Obama and his rise to power (which never seems to mention starting his political career in the living room of unrepentant domestic terrorist William Ayers), making Obama out to be some sort of anointed one who always spoke about Americans coming together, but, gosh darnit, too […]

 

Indiana Democrats Fleebagging Again, Abandoning Their Jobs

Posted on by Warner Todd Huston

Once again Indiana Democrats are playing the fleebagger game. Because they don’t have enough votes in the Indiana Statehouse, Hoosier Democrats are abandoning their rightful duties and fleeing the Capitol over Indiana’s right-to-work bill currently under consideration in Indianapolis. Indiana Senate Bill 269 and House Bill 1001 would make it illegal to require workers in […]

 

In Canada, a revolt against global warming socialism creates an economic boom

Posted on by Wintery Knight

Before we look at Canada, let’s first look at how Barack Obama has decided to appease his green socialism supporters by: rejecting the Keystone XL pipeline. Excerpt: The Obama administration rejected the long-delayed: TransCanada: oil sands crude project, a decision welcomed by environmental groups but: blasted: by the domestic energy industry. After delaying the project past the November 2012 election, […]

 

Republicans pushing to rescind Democrats’ $100 billion EU bailout fund

Posted on by Wintery Knight

Here’s: a shocking story: from Matthew Boyle of the Daily Caller. Excerpt: When California Democratic Rep.: Nancy Pelosi: was the: Speaker of the House in 2009,: President Barack Obama and congressional Democrats authorized $100 billion in spending as a line of credit for the International Monetary Fund to be used in times of emergency – funds that could now be used […]

 

Hooray! Obama Plans Yet Another Lazer Like Focus On Jobs And The Economy

Posted on by William Teach

We learn this in a The Hill article which suggests that liberals and leftists will not particularly like the Presidents proposed budget. Fortunately, the Democrat led Senate will never bother to pass it. Anyhow Top White House officials are warning liberal and labor leaders to brace themselves for President Obama’s budget proposal. Gene Sperling, director […]

 

Occupy Wall Street Stealing From The Poor to Give to Themselves!

Posted on by Warner Todd Huston

It is more common everyday. A man buys a house, the market collapses and suddenly his house is worth less than the mortgage, then he loses his job until, as a single father, he finds himself in foreclosure with no place to raise his two preteen daughters. It’s a case made for the Occupy Wall […]

 

Every Year Boondoggles Pile Up in California

Posted on by Warner Todd Huston

The left-wing idea that it’s good for government to always wildly increase spending is dying a quick death these days. But this good sense has not made it to every state in the union yet — two disastrous states in particular; California and Illinois. These two states have not learned the lesson about the ruinous […]

 

Barack’s Latest Magic Trick: Making One Million Workers Disappear

Posted on by Doug Ross

Investors Business Daily calls it, simply, “Unprecedented.” I call it, eh, historic. Initial jobless claims unexpectedly jumped by 24,000 last week to 399,000 as more workers lost their jobs, the Labor Department said Thursday. At the same time, the economy continues to lose workers. In the 30 months since the recession officially ended, nearly 1 […]

 

Illinois GOP Follies: Establishment vs Reform in Champagne County

Posted on by Warner Todd Huston

Illinois is drowning in debt and corruption. The state ranks as the worst state in nearly every category vying only with California for the worst-of rankings. The biggest factor in its downfall is the corrupt Democrat Party. So one would think that the state GOP could make good headway against this corruption. Unfortunately, the establishment […]

 

Truth in Advertising

Posted on by Michael Fell

Have you seen this TV commercial advertising an electric car? It starts by showing virtually every appliance, utility and tool used by average, everyday people being powered by an internal combustion engine that’s pumping massive amounts of black smoke into the atmosphere. Impressive efforts are made to tie all visual references to the petroleum industry, […]

 

RATE Coalition: We Are on Track to Have the Highest Corporate Tax Rate in the World

Posted on by Warner Todd Huston

A group called Reform America’s Taxes Equitably (RATE) has a new video: Reducing the corporate tax rate would be a boost for American competitiveness, investment and job creation,” the video concludes. “To get America back on track and bring jobs back where they belong, Congress must act and Reform America’s Taxes Equitably … This is […]

 

Obama’s Electronic Medical Records Requirements Already Causing Job Loss

Posted on by Warner Todd Huston

While the Old Media has been ecstatic over recent job numbers, claiming that some 200,000 jobs have been added to the economy, we should note that while Obama giveth Obama also taketh away. The media may be trying to claim the President has “created or saved” jobs (the latest weasel word is he’s created job […]

 

Another Win for Illinois: Now Worst Debtor State

Posted on by Warner Todd Huston

On the same day that it was reported that the checks sent to Illinois lottery winners had bounced, another more serious announcement was made. Moody’s investment service had cut the state’s credit rating from A1 to A2 making the Land of Lincoln the worst state in the union… again. Now Illinois has the lowest credit […]

 

Albany Police Chief Slams ‘Occupy’-Supporting Councilmen

Posted on by Warner Todd Huston

Albany Police Chief Steven Krokoff came in for heavy criticism by fans of the Occupy “movement” after he ordered the clearing of their downtown encampment pursuant to a court order. The arguments over the actions by police have raged since the December 23 conflagration with Chief Krokoff getting savaged repeatedly by the media and some […]