Category: Economy

New York Times Columnist Kristof’s Foolishness

Posted on by Warner Todd Huston

The New York Times’ Nicholas Kristof is a simpleton. There is really no other way to say it, no gentler phrasing possible, to explain how childish and uncluttered his tiny little mind really is. The latest example of his utter inability to think clearly can be seen in Kristof’s screed against Americans that love America. […]

 

Obama’s Unemployment Success

Posted on by Dave Blount

Credit where it’s due — you can’t say Obama’s policies haven’t worked. Every initiative he has pushed has two common objectives: 1) increase the size and power of government and 2) keep unemployment numbers high to increase dependence on government. This chart from Business Insider shows how he’s doing on the unemployment front: Killing jobs […]

 

Big Unions Cooling on Obama?

Posted on by Warner Todd Huston

Bloomberg has another unions-are-mad-at-Obama story this week and, while there is no doubt that unions are a bit miffed at the big “O,” we should all be cautioned about where Big Labor will put its support in 2012. Miffed or not, and quite contrary to what Bloomberg wants you to believe, Big Labor will support […]

 

Don’t Like High Gas Prices? Democrat Report Says “Drive Less”

Posted on by William Teach

This one’s a few days old, hadn’t popped in to Grist for awhile, but, it’s a hoot, and exactly what one would expect from Delusional Democrats. Said Grist story, which boils it all down, comes via DC Streets Blog, which opens thusly Members of Congress of all stripes are trying to show that they’re concerned […]

 

What to do about Medicare: the heart of the controversy

Posted on by Craig Newmark

Here’s Michael Hiltzik, columnist for the Los Angeles Times: To be charitable, the free-market rationale for sticking enrollees with more of the bill is that as consumers with “skin in the game” they’ll be more discriminating about the services and treatments they demand, thus holding down costs. Unfortunately, the consumer-driven model has been widely discredited: […]

 

Poor Economy Will Shift Obama 2012 Campaign Economy Plan

Posted on by William Teach

Good news! He’ll do what he does best: lie and Blame Others After months of relatively robust job growth, President Barack Obama and his team must now reckon with the reality that the economy probably won’t be on firm ground during the 2012 campaign – and that he must temper some of the Morning-in-America optimism […]

 

Liberal Bummer: Obama Can’t Do Anything To Fix Economy In Short Term

Posted on by William Teach

News for liberals: he hasn’t been able to do anything in the long term, either. He’s had over two years. He had a compliant Congress for the first half of his term. What they’ve done hasn’t worked. But, of course, what the Liberals are worried about is not an actually better economy, but, an economy […]

 

The news from Cali isn’t getting any better

Posted on by Craig Newmark

“Riverside’s Hillcrest High: What if they built a school and nobody got to go?” A $105 million high school–yes,: $105 million–will be unused for at least one year. Walter Russell Mead plays taps. (And proposes a solution I haven’t seen before–split the state up into five parts. Interesting.) And here’s one new, interesting reason for Cali’s […]

 

Bailouts for Big Business, Bankruptcies for the Middle Class

Posted on by Rachel Alexander

While the Obama administration has been busy bailing out irresponsible financial institutions and big business, individual homeowners have been left with little relief, with many forced to file for bankruptcy. About the only relief Obama has doled out for the rest of us is the Home Affordable Modification Program (HAMP).:  Launched in early 2009, it […]

 

Your Taxes Paying Government Union Members NOT to Work, Part Two

Posted on by Warner Todd Huston

At a hearing on Capitol Hill Wednesday, it was revealed that federal employees spent nearly 3 million hours of official, taxpayer paid time on union activities in 2009. This cost the treasury $129 million, an increase of $8 million over the expenditures in 2008. The report that fueled the hearing (see .pdf) was prepared by […]

 

Moody’s: A Debt Fueled Economic Collapse Could Be Closer Than You Think. Much Closer.

Posted on by John Hawkins

If America loses its AAA rating, the cost to finance the debt will explode. It would represent a running leap into a debt spiral that the U.S. might have trouble pulling out of short of bankruptcy. Moody’s is now warning that the debt limit fight could lead to exactly that sort of disastrous leap. The […]

 

VIDEO: Grand Rapids, Michigan Refuses to be Called a Dying City!

Posted on by Warner Todd Huston

Not long ago the City of Grand Rapids, Michigan was called a “dying city” by Newsweek. The folks living there took exception to that characterization. So, a couple of 5,000 citizens or so decided to get together and make a music video to show their civic pride… Read the story of the making of this […]

 

MSNBC: Obama’s Job Loss Blamed on Natural Disasters, Bush’s Job Growth ‘False’ Because of… Natural Disasters?

Posted on by Warner Todd Huston

From the “figures lie, but liars figure” department we find that left-leaning cable newser MSNBC reported that the main reason Obama’s job stats are tumbling and unemployment is so high is because of the harsh tornado season and other natural disasters we have been experiencing over the first half of 2011. Yet, hypocritically, if we […]

 

Employment May Be Key To Obama’s Reelection

Posted on by William Teach

So says the NY Times (linked through MSNBC, avoiding the silly paywall), telling us in detail what we already know No American president since Franklin Delano Roosevelt has won a second term in office when the unemployment rate on Election Day topped 7.2 percent. (except Reagan, which is pointed out later in the article) Seventeen […]

 

Debt Ceiling Debate: Democrats Won’t Even Vote For Their Own Ideas!

Posted on by Warner Todd Huston

Late on Tuesday the GOP led House of Representatives defeated a vote to raise the debt ceiling. This is not a surprising vote, to be sure, but the odd part of this deal is that some Democrats voted with Republicans even after sending a letter to Obama only a month ago saying they supported raising […]

 

Fox Business Network Opens New Studio Overlooking Floor of Chicago Mercantile Exchange

Posted on by Warner Todd Huston

Fox Business Network is leaping head first into full time coverage right in the thick of it all at the Chicago Mercantile Exchange with a new CME-based studio booth on the next level up from trading floor itself. Interestingly, this marks as the very first time a financial network will have its own, branded booth […]

 

Dem. Party Chair Mad that GOP wants to Make Being an Illegal Alien… er… Illegal

Posted on by Warner Todd Huston

(William mentioned this earlier, but I have an additional point about this so, here goes…) Representative Debbie Wasserman Schultz is a Democrat Congresswoman from Florida and is currently the head of the Democrat National Committee. She is also one of the most vitriolic, off base, half informed demagogues of the far left in America today. […]

 

Investors Shift Focus To Jobs, “Stubborn Unemployment”

Posted on by William Teach

Gee, if only the administration would shift their focus to jobs…..well, not really, because the Democrat policies on jobs and the economy have so far been a disaster. Anyhow The economy and jobs will be front and center this week — whether investors like it or not. The agenda is heavy on economic reports and […]

 

Union Contracts More Important Than Patients For Union Drivers

Posted on by Warner Todd Huston

Priorities. Union guys have priorities, you know? For instance, in New Jersey earlier this year a bunch of union drivers for the Communications Workers of America (CWA) decided that it was more important to have a “sick-out” and strand sick elderly people, preventing them getting to their life-saving medical treatment than do their jobs. State […]

 

Green Policies a Substitute For Anti-Capitalist, Anti-American Ideas

Posted on by Warner Todd Huston

Those anti-capitalist college professor types that used to sneer at America and supported the murderous antics of the Soviets had for a short time after the fall of the U.S.S.R. no place in which to invest their anti-American ideals. However, it is clear that they have found a new home: greenism. And so, the old […]

 

An Interview With Todd Rokita, Indiana’s Fourth District

Posted on by Warner Todd Huston

-By Warner Todd Huston Interview with freshman Representative Todd Rokita of Indiana’s Fourth Congressional District (Rep.-Elect at time of interview). Being here in Chicago right adjacent to Rokita’s turf, I was already familiar with his work as Indiana’s Secretary of State and so when the RP team offered me an interview with him, I jumped […]

 

Democrats Plan: Destroy U.S. Healthcare So They Can Re-Build it in Socialist Image

Posted on by Warner Todd Huston

Obama and his Democrat pals have been lying to you, America. They do not want to find a cure for America’s obviously ailing healthcare system. They want to erect its headstone. Democrats want to destroy every aspect of our healthcare system. They have to, you see, because if they don’t they cannot rebuild it to […]

 

VIDEO — Fleebagging TV: Democrat Walks Off TV Show

Posted on by Warner Todd Huston

Here we have a whiner Democrat that can’t take the heat of a TV cable show… and hasn’t two neurons to rub together. You know… a typical Democrat. I love how Ed Morrissey explained how Democrats like this twerp work… Step 1: Declare that the Republican plan will kill people Step 2: Denounce demagoguery Step […]

 

N.J. Courts Not Interested in Democracy

Posted on by Warner Todd Huston

Most Americans are under the mistaken assumption that we as voters can elect someone to make changes in our government. Whether the government of our city, county, state or that in Washington DC we voters have this romantic idea that we can affect change by electing people to office that will make those changes. The […]

 

Hypocrisy: Obama’s Stock And Trade

Posted on by Warner Todd Huston

Obama’s National Labor Relations Board made itself infamous not long ago by attempting to tell Boeing in what state it was allowed to build a new manufacturing plant. Indulging his penchant toward anti-business, anti-capitalist sentiment Obama decided that he was the final arbiter on where companies were allowed to move and set up shop. Boeing […]

 

Beer Monday: Team Obama To Run On Auto Bailout

Posted on by William Teach

Happy Monday! The start of a new work week. Time to get busy, shift a few paradigms, revolutionize outside the box. How ’bout a beer? Been quite some time since we did a Beer Monday, and, considering this next story, Team Obama must have been seriously imbibing: Barack Obama sees auto rescue as 2012 plank […]

 

Cash Strapped States Cut Back, Spain Socialists Lose Big

Posted on by William Teach

Obama zombies tell us we should be more positive about the economy, ones such as Robert Samuelson at the Washington Post It may be time to move beyond pessimism. Ever since the financial crisis, Americans have wallowed in fear and anxiety. Understandably. Although a recovery – as defined by academic economists – started about two […]

 

Sen. Dick Durbin Caused ‘Gang of 6’ Talks to Fall Apart

Posted on by Warner Todd Huston

From a gang of six to a gang of Dicks, Durbin torpedoes compromise once again The “gang of six” is a group of senators who had taken it upon themselves to come to some sort of agreement over the competing budget ideas between Republicans and Democrats. It was hoped that these six senators could find […]

 

YouTube Launches New Congressional Townhall Channel

Posted on by Warner Todd Huston

This week Youtube launched a new channel it is calling the “Youtube Townhall,” a new channel where members of congress are seen in short videos discussing the issues of the day. Republican Senators Alexander, McCain, Moran, Lugar, Sessions, Isakson, and Hutchison have already uploaded videos to the channel and more are on the way. Republican […]