Economy – Page 53 – John Hawkins' Right Wing News

WikiLeaks Bombshell: Cuba To Be Bankrupt in 2-3 Years

Posted on December 10, 2010 by Jeff Dunetz

The warnings were all there.: Just sixteen months ago we learned that Cuba was running out of one of the most important and basic family commodities. The Communist dictatorship, in the grip of a serious economic crisis, was running short of toilet paper and couldn’t get sufficient supplies until the end of the year. Now […]

Obama Claims Power to Decide if Your Medicine is Too Expensive to be Allowed

Posted on December 10, 2010 by Warner Todd Huston

It’s very easy for Obamacare supporters to scoff at the whole idea that there are “death panels” ensconced in Obama’s health care power grab. But the fact of the matter is that they exist in a defacto form. One of those defacto death panels is the Independent Payment Advisory Board (IPAB), an agency invented under […]

Illinois School Uses ‘Stimulus’ $$ For Raises and Bonuses While Raising Property Taxes

Posted on December 10, 2010 by Warner Todd Huston

Arrogance is an ugly thing. But it seems that Grayslake School Board Superintendent Ellen Correll has it in spades. Not only did she and four other board members vote to increase its tax levy on the community, but she also announced that she used federal “stimulus” money to dole out raises and bonuses to teachers […]

Democrats: Say, Let’s Change Rules to Push Our Agenda FASTER in Lame Duck Session

Posted on December 9, 2010 by Warner Todd Huston

There is nothing more dangerous than a party that is about to lose power but still has temporary control of the reins of government. That is, of course, what we call the lame duck session of congress — more like a zombie congress; dead men walking… or sitting as the case may be. It has […]

Another Big Labor Union Payoff: Obama Adds $3.3 Million to Construction Project

Posted on December 9, 2010 by Warner Todd Huston

The government is over spent. This single fact is beyond dispute. Even Democrats say so. We have but to recall that Democrat after Democrat attempted to run for office this last election by claiming fealty to small government, cost cutting, and lower spending. So with all this small government/low spending fever sweeping the political classes, […]

DREAM Act Passes House: The Eight Republicans that Voted for it

Posted on December 8, 2010December 9, 2010 by Warner Todd Huston

Want to dispense some bile? Well here are the names of the eight Republicans that just voted “yes” on the DREAM Act (HR 6497). Even worse are the eleven that didn’t vote at all. Ahn “Joseph” Cao, Louisiana Mike Castle, Delaware Lincoln Diaz-Balart, Florida Mario Diaz-Balart, Florida Ileana Ros-Lehtinen, Florida Charles Djou, Hawaii Vern Ehlers, […]

They’re Socialists, All Right

Posted on December 8, 2010 by Dave Blount

A favorite theme in horror/sci-fi movies is the demon or alien that can take over people’s bodies. Once the villain has moved to a new host, the body it inhabited previously can be discarded. This is why the old Stalinist vehicle known as the Communist Party USA won’t be needed for much longer. The fiend […]

FDA Set To Cut Off 17,000 Women Annually From Lifesaving Drug

Posted on December 8, 2010 by Warner Todd Huston

Obama’s Food and Drug Administration (FDA) is due to take up the case of Avastin, a cancer drug that successfully treats some 17,000 women annually. With a coming December 17 decision, the FDA seems poised to take this drug away from these patients quite despite the fact that their doctors find the drug effective. The […]

Pensions Troubles Getting Some Attention

Posted on December 8, 2010 by Warner Todd Huston

Michael Corkery of the Wall Street Journal reports that congressional Republicans are finally paying a bit of attention to the coming pension bomb that is about to explode in nearly every state in the union, causing further damage to our economy and our state budgets. House Republicans are making moves to prevent bailouts of state […]

Hey, Good News, States See Some Revenue Growth. Bad News: Everything Else

Posted on December 8, 2010December 8, 2010 by William Teach

I due truly love the spin from the LA Times: States’ budget picture is brightening – But many continue to face deficits. Tax revenues are rising but demand for social services remains high, and there won’t be a batch of federal stimulus money this year. Interesting. They destroy their own headline with the sub. Then […]

Wed in the Senate: Reid to Try and Force Cloture Votes on DREAM Act and Forced Unionization Act

Posted on December 7, 2010 by Warner Todd Huston

-By Warner Todd Huston Call Your Senator Tell Them to Vote NO on DREAM Act and Forced Nationalized Unionization of Police/Firemen From contacts in the Senate we’ve learned that Senate Majority Leader Harry Reid (D, Nev.) will likely on Wednesday (Dec. 8) try and bring a cloture vote on The DREAM Act and the Public […]

Video: Obama Happy As Hell About That Tax Deal With GOP

Posted on December 7, 2010 by Warner Todd Huston

This just in, President Obama was thrilled to announce the deal he made with the Republicans to further cement Bush’s legacy tax rates. Why, just look at the giddy happiness with which he made the announcement…

San Fransisco Fed. Says Stimulus Was A Huge Waste

Posted on December 7, 2010December 7, 2010 by Jeff Dunetz

According to recovery.gov, the President’s website designed to track the stimulus plan, the $800 Billion plus porkulous bill passed in February 2009 is responsible for 3,348,813 jobs.: According to a new analysis conducted by the San Fransisco office of the Federal Reserve, the president’s projection is off by only 3,348,813 jobs.: That’s correct The American […]

Government Wastes Fortune Printing Defective Money

Posted on December 7, 2010 by Dave Blount

Big Government may have settled on printing money as a solution to all problems because that’s one thing that falls within its tiny realm of competence — or does it? Because of a problem with the presses, the federal government has shut down production of its flashy new $100 bills, and has quarantined more than […]

Waste: Feds Gave ACORN Half a Million for ‘Fire Prevention’

Posted on December 7, 2010December 6, 2010 by Warner Todd Huston

Jonathan Strong of the Daily Caller has another sad tale of massive government waste involving the criminal group ACORN. Everybody knows about ACORN, the dead, but not really dead activist group charged with all sorts of improprieties and illegalities, the most significant of which is voter fraud, including registering Mickey Mouse to vote. But how […]

UN Climate Summit, Cancun, Mexico: Climate Conmen Sending You Back 100 Years

Posted on December 6, 2010December 5, 2010 by Warner Todd Huston

As most of you know last week I was down in Cancun, Mexico reporting on the U.N. Climate Change Summit (officially called COP16/CMP6). It was several days of sun, surf, and U.N. conmen. I am back in the saddle here at home but Friday I went from the warm white sands of Cancun back to […]

Obamanomics: State Debt Shows A Looming Crisis

Posted on December 5, 2010 by William Teach

Obviously, the New York Times isn’t blaming this on Obama and the Democrats, yet, since Democrats have held the power of the purse and legislation throughout this entire economic downturn, and the Presidency for the past two years, not too mention a good chunk of the state legislatures, it’s their policies that create the problems […]

CNN Takes A Stab At Why There’s Really No Job Recovery

Posted on December 4, 2010 by William Teach

Surprisingly, Bush was not mentioned. Instead, they find a different villain The problem with bringing down the stubbornly high unemployment rate is that employers are learning to do more with less. Employers still aren’t hiring enough. Just look at November’s disappointing employment report, which barely eked out a gain in jobs. Or better yet, look […]

Lame Duck Threat to Bailout Union Pensions

Posted on December 3, 2010November 30, 2010 by Warner Todd Huston

Connie Hair has an informative piece at Human Events about what Democrats are hoping to do in the next few weeks in this lame duck session by pushing another big union bailout. In October, Sen. Tom Harkin (D, Iowa) heard witnesses advancing the “Guaranteed Retirement Account” (GRA) idea authored by left-wing activist and purported “labor […]

The Con in Cancun: UN Climate Change Summit Update

Posted on December 2, 2010 by Warner Todd Huston

I am here in Cancun, Mexico investigating the U.N. Climate Change Conference to see what sort of wonderful solutions to save our very planet are being planned for all of us here in sunny Mexico. It’s always nice that we can come to save the planet… at a nice resort hotel complex… on a beach… […]

UN Climate Summit: The Con in Cancun

Posted on December 1, 2010November 30, 2010 by Warner Todd Huston

In but a few hours I’ll be headed to Chicago’s O’Hare airport to wing my way to sunny Cancun to do a few days reporting on the U.N. Climate Change Summit. As is my luck in life, sunny Cancun will be rainy Cancun if the weatherman is to be believed. Of course, weather reports aren’t […]

New Hawaii Government Transparency Website Debuts

Posted on November 30, 2010 by Warner Todd Huston

The Grassroot Institute of Hawaii is starting a new effort to spotlight wasteful government spending in the Aloha State and one of the central parts of this program is a new website that the group promises will, “revolutionize government accountability in Hawaii by revealing waste, fraud, and abuse of taxpayer dollars at the state and […]

Another Sign Unions Losing Influence

Posted on November 29, 2010 by Warner Todd Huston

Unions in America really are under assault from every direction. Certainly they are still powerful and not to be under estimated, but unions really have lost much of the power they once had. At less than 20 percent of the work force these days, the unions that are left have been finding themselves being forced […]

Obamacare Forces Union to Drop Insurance for 6,000 Children

Posted on November 29, 2010 by Warner Todd Huston

Remember how Obama said that if you liked your healthcare plan you could keep it? Apparently someone forgot to tell the Service Employees International Union (SEIU) in New York because they’ve announced that Obamacare is forcing them to drop coverage for the children of its 30,000 low-wage members. The union will be dropping coverage for […]

Taxes, government dependency and happiness

Posted on November 23, 2010 by Bookworm

Two interesting things rolled across my desk today, interesting because they address the same topic — dependence on Big Government — but reach diametrically opposite conclusions. The first is a Dennis Prager column that examines why American conservatives are happier than American liberals. This isn’t just Dennis’ opinion, by the way. Instead, several recent polls […]

GOP Guvs Ready to Take on Greedy Public Employee Unions

Posted on November 23, 2010November 23, 2010 by Warner Todd Huston

This is a story that warms the anti-union cockles of my free-market heart. At the recent meeting of the Republican Governors Association in San Diego those governors gathered made a point to discuss angles of attack to take down the budget-busting, anti-democratic public employees unions. In attendance was the ever present former Speaker of the […]

Business Leaders: We Won’t Be Placated With A Backyard Beer Summit

Posted on November 23, 2010 by William Teach

Obama is, well, I can’t really say learning, since he is obviously infallable and knows better than everyone else on the planet since the dawn of time, but, he might catch a little clue that after months and months of demonizing business, you know, that entity that makes the economy go, are not as easily […]

FCC Chief Still Pushing Net Neutrality Without Congressional Action

Posted on November 19, 2010 by Warner Todd Huston

With the recent midterm election and the resulting GOP tidal wave that is about to inundate Congress, many people have wondered aloud if net neutrality was dead? Well if FCC Chief Julius Genachowski has his way, net neutrality will be implemented by fiat when he has his agency simply change rules without involving congress at […]

States that Force Union Membership Losing Population to Those that Don’t

Posted on November 19, 2010 by Warner Todd Huston

Americans for Tax reform have done a study (download .pdf) that shows a very interesting trend. States that are losing population the fastest are predominantly those that force employees to join unions as a condition for employment while those that are growing are mostly states that feature right to work rules. Because congressional representation is […]

Congress Giving FDA Power Over Our Food

Posted on November 18, 2010 by Warner Todd Huston

(The outrageous attacks by our government on our freedoms and liberties are coming in wave after wave. From attempts to take over the Internet, to attempts to eliminate free political speech with incumbent protection acts, to all manner of other usurpations, every day government is attempting wild power grabs. We are being attacked on every […]