Category: The Economy

Adieu France, So Long Stability

Posted on by Michael Fell

French Socialist President Francois Hollande’s newly elected government is planning to raise taxes on big companies while deterring businesses from engaging in layoffs by making that process more costly. Hoping to nudge companies into investing rather than paying profits to shareholders, the government plans to impose a new 3% tax on dividends. Other plans include […]

 

Fundraise and Fore! obama’s Answer to World Events

Posted on by Michael Fell

Israel issued warnings over security problems with Egypt. Militants from the Sinai Peninsula crossed over into southern Israel Monday and fired on a border security fence, killing one Israeli. The IDF moved tanks and otherarmed forces to the Israel-Egypt border in response to the attack. Egypt is on the offensive against Israel. Egypt’s presidential election […]

 

Global Governance vs. National Sovereignty

Posted on by Michael Fell

  The International Conference on Global Governance vs. National Sovereignty, sponsored by American Freedom Alliance, concluded Monday in Los Angeles CA. The chief question posed at the Conference’s opening: Is Global Governance vs. National Sovereignty the West’s next ideological war? John Bolton, Former U.S. Ambassador to the UN gave Sunday morning’s Keynote Speech. Ambassador Bolton […]

 

Was “The Private Sector is Doing Fine” Really a Gaffe?

Posted on by Michael Fell

When obama uttered the words “the private sector is doing fine” speculation ran rampant, declarations occurred and questions abounded. Obedient spokes-fools within the “progressive” Party Pravda remained largely mum, dutifully neglecting or downplaying the story. Conservatives pounced on the statement, speculating aggressively about obama’s lack of perceptive abilities while declaring it to be the biggest […]

 

Europe Won’t Work in America

Posted on by Michael Fell

Spain’s economy is under such duress that the country is prepared to request a 40 billion Euro cash injection from the Euro zone this weekend. The request comes after Fitch Ratings reduced Spain’s credit by three notches on Thursday. This move will make Spain the fourth country to need a bailout since the European debt […]

 

Throwing Good Money After Bad

Posted on by Michael Fell

The Labor Department reported that the U.S. economy added 69,000 jobs last month, the lowest number since May of last year. Concurrently, the unemployment rate increased for the first time in eleven months. The “official” jobless rate rose to 8.2%. Additionally, it reported that in the past two months 49,000 fewer jobs were created than […]

 

Green Death

Posted on by Michael Fell

Eight regions of Spain have had their credit ratings cut as uneasy Spaniards moved their money overseas. Spooked by the questionable state of their banks, Spanish savers are now moving their money abroad faster than records have ever shown. Spain’s credit rating has been downgraded two notches and nearly 25% of Spaniards are unemployed The […]

 

Bad News for Globalists

Posted on by Michael Fell

European business activity fell in May, nearing a 35-month low, according to a survey by Markit. Its survey, based on European manufacturing and service sectors, fell to 45.9. The euro fell to a 22-month low against the dollar in response. Disagreement at Wednesday’s summit between European leaders about how to solve the dilemma did nothing […]

 

What the Obama Administration Has Taught America

Posted on by Michael Fell

Facebook Inc.’s $16 billion initial public offering has made Mark Zuckerberg the 29th richest carbon based life form on Earth. Facebook provides entertainment and a fun way to spend your leisure time. America should love Zuckerberg. Whatever happens, do not ever criticize him for not paying hisfair share of taxes…he’s cool in the administration’s eyes […]

 

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 […]

 

Final Landing of the USS Enterprise

Posted on by Michael Fell

The experience of watching the space shuttle Enterprise circle New York City on its way to JFK Airport can be described in many different ways. One of the words viewers most frequently used about the sight was “bittersweet”. As Enterprise piggybacked its way on a 747 to its final landing, Americans turned out in large […]

 

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 […]

 

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 […]

 

The Tea Party vs The Status Quo

Posted on by Michael Fell

Much has been said since the November 2010 election about “establishment Republicans” co-opting Senators and Representatives elected with Tea Party support. What “establishment Republicans” evidently refuse to accept is, every Republicans elected in November 2010 owes huge thanks to the Tea Party. “Establishment Republicans” need to understand that Tea Party grassroots activists have had enough […]

 

Grasping at Energy Straws

Posted on by Michael Fell

In February 2012 New York Democratic Senator Charles Schumer called upon Secretary of State Hillary Clinton to request Saudi Arabia increase their oil production to make up for potential disruptions in the world’s oil supply resulting from Iranian saber-rattling. Schumer’s unhidden rationale was that such a pledge from the Saudis would drive down gasoline prices […]

 

What Now Passes as Today’s “News”

Posted on by Michael Fell

Monday March 12, 2012…Today’s “news” begins with the headline: The Most Aired Political Campaign Ads. A sub-headline reads: Obama’s “Unprecedented” commercial was shown 6,190 times before Super Tuesday. At first, by mentioning campaign ads from multiple candidacies, this article flirts with the idea of integrity. A flirtation which disappointingly dissolves in the face of the […]

 

ABC News That’s Not So New

Posted on by Michael Fell

One of the breaking headline news stories online from ABC News just today, Tuesday, March 6, 2012 reads: Green Firms Get Fed Cash, Give Exec Bonuses, Fail. http://news.yahoo.com/green-firms-fed-cash-execs-bonuses-fail-200314806–abc-news.html Ronnie Greene and Matthew Mosk, for ABC News, aggressively reporting news with an edge, convey how companies like Solyndra, Ener1and Beacon Power took money from the Department […]

 

“progressive” Reporting on Scott Walker’s Recall Election

Posted on by Michael Fell

There’s so much empty, hateful “progressive” rhetoric in this “article” written by David Chalian it’s truly painful. Scott Walker, Wisconsin governor, braces for recall election, proclaims controversial law is working http://news.yahoo.com/blogs/ticket/scott-walker-wisconsin-governor-braces-recall-election-proclaims-120437772.html First Chalian begins his “article” with an openly biased headline (since once must not miss opportunities to repeat the “progressive”–the law is “controversial”–narrative) that […]

 

Who’s Offering Economic Solutions?

Posted on by Michael Fell

Given America’s growing national debt, now in excess of $15 trillion: http://www.usdebtclock.org/ A per capita government debt that’s worse than Greece’s: http://www.weeklystandard.com/blogs/chart-america-s-capita-government-debt-worse-greece_631797.html Unemployment numbers “officially” listed at 8.5%: http://www.bls.gov/bls/newsrels.htm#OEUS Petroleum prices trending higher, adding pain at the pump for consumers while decreasing money available to them for spending on vital necessities like food and shelter: […]

 

“progressives” Don’t Care if Americans Suffer at the Pump

Posted on by Michael Fell

There’s widespread consensus in the United States that America needs to become less dependent on foreign oil. America’s growing, ongoing dependence on foreign sources puts her at ever-greater risk in an unstable world. This instability drives the costs higher. “progressives” who feel an overwhelming compulsion to immediately replace America’s existing carbon economy with a green […]

 

Today’s Top Story!

Posted on by Michael Fell

The “progressive” Party Pravda, in concert with White House Press Secretary Jay Carney and with permission from their overlords at Media Matters for America, announced today that construction of a ladder to heaven is scheduled to begin next spring, immediately after the current administration begins its second term. Funding will require implementation of a 100% […]

 

Obama’s Budget: More Tax, Borrow and Spend

Posted on by Michael Fell

The White House presented its 2012 budget Monday. A $3.8 trillion proposal which includes $1.43 trillion in new taxes on households whose incomes meet or exceed $250,000 (note: this is the new “progressive” definition of millionaires and billionaires), a fourth straight year of $1 trillion-plus deficit spending (which will require yet more borrowing), and new […]

 

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 […]

 

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 […]

 

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 […]

 

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 […]

 

State of the Union or Wishful Thinking?

Posted on by Michael Fell

The 2012 State of the Union address has come and gone with little change in the White House’s view of the world. This is unfortunate. America needs viable solutions, not more wishful thinking. Most disturbing is the continued, steadfast insistence that doubling America’s corporate tax rate will somehow create middle class jobs. After repeated failures […]

 

Democrats Trick Americans With Payroll Tax Cut Extension Ruse

Posted on by Rachel Alexander

The Democrats are accusing Republicans in Congress of opposing the extension of payroll tax cuts. On the face of it, something seems wrong. Republicans are usually in favor of tax cuts and Democrats generally oppose them, except when there is a Democratic special interest involved like environmental causes. Democrats using the payroll tax cut extension […]

 

Is The RNC Relevant?

Posted on by Michael Fell

The current White House occupant: spewed so many lies: during his taxpayer funded December 6th campaign stop in Osawatomie Kansas that: I had to turn: his speech: off before screaming objections to his rubbish filled remarks: destroyed my vocal cords. When: speaking: of Conservative economic policy…and I quote: “But here’s the problem::  It doesn’t work.:  It has never worked.:  It didn’t work when […]

 

A Fair Shake

Posted on by Michael Fell

Once again, the current White House occupant is spending your money to fly in Air Force One to a campaign stop. The location of his many stops varies, but his message doesn’t. He continues to cry out for everyone in America to get a fair shake. According to America’s emperor wannabe, the rich are preventing […]