Far from providing "affordable"
care for everyone, ObamaCare would result in higher insurance premiums, more
and higher taxes, fewer jobs, lower wages, a reduced standard of living and an
erosion of privacy and individual liberty.
This is the
President Barack Obama declared the swine flu outbreak a national emergency and empowered his health secretary to suspend federal requirements and speed treatment for thousands of infected people.
Pretty funny because I thought obama wasn't going to allow all those lobbyists in the first place so duh SEIU. Do you think they will ever figure it out?
Drugmakers' victories in Washington could keep health costs high, trade office warns
The pharmaceutical industry spent $110 million in just the first half of 2009 in its efforts to influence health care reform, part of a booming lobbying effort th
Guess who said the following:
Far from turning around the [George] Bush legacy of deficits and debt, [US president Barack] Obama has made it worse. It has got all the hallmarks of a financial collapse about to happen in America...
President Obama’s policy of diplomatic engagement with Iran is close to collapse as Tehran backtracks on a crucial deal aimed at cutting its stockpiles of nuclear fuel.
Some time ago I invented the phrase "fascialism" to describe the American system of political economy. Fascialism means an economy is part fascist, part socialist. Economic fascism has nothing to do with dictatorship, militarism, or bizarre racial th
You have to read all the way to page A-25 in today’s New York Times to learn about it, but the Senate took its first floor vote on Obamacare yesterday and the White House lost. Big. The NYT reports: “Democrats lost a big test vote on health care legi
What 80 percent of economists call “Recovery” is a “Cover up”. Trillions in losses papered over with trillions of phantom dollars printed out of thin air and backed by nothing produce nothing except the mirage of recovery. The dollar’s dive and gold’
The Obama administration on Thursday tried to make "pay czar" Kenneth Feinberg available for interviews to every member of the White House pool except Fox News. But the Washington bureau chiefs of the five TV networks decided that none of their repor
In a small bit of Washington irony, a government panel convened this week under the guise of ensuring 'expressive freedom' on the Internet, while at the same time the Obama Administration put Fox News on notice that ideological rectitude would be a p
The Obama administration claims that it was their passage of massive government spending that saved the United States from another Great Depression. Last week, Larry Summers, Obama's top economic adviser, claimed that because of the stimulus:
"W
I was forwarded the following email, I didn't believe it...I went to the website, still thought it HAD to be an elaborate hoax set up to discredit the obama administration, then I began to call the phone numbers and it is real alright!
If only thi
The entire argument for the trillion dollar stimulus package that passed into law back in February, was that even though it would dry up productive capital and result in a net loss to the economy over the long run, in the short run it would create mu
The stories about a return to bubble-era lending standards are getting too depressing to bear.
There are the no-down payment loans backed by the USDA, the FHA mortgage worth more than 110% of the value of the home, and now this: babies buying home
Barclays Capital hosted a private meeting yesterday with Goldman Sachs president Gary Cohn, CFO David Viniar and Global Sales and Treading co-heads David Heller and Harvey Schwartz. How concerned are they about any new regulations on the financial in
More Americans than forecast filed claims for unemployment benefits last week, a reminder that the labor market will be slow to recover.
Initial jobless applications rose by 11,000 to 531,000 in the week ended Oct. 17,
It seems nobody in this country wants to take responsibility for the secular decline in the value of the U.S. dollar. When Fed Chairman Ben Bernanke is asked about the currency's decline, he refers the query to the Treasury Department. When the presi
Edward Pinto, the former chief credit officer at Fannie Mae, and a consultant to the mortgage industry lays out the sad truth. The government is aggressively making the same pro-homeownership moves that got us into the last mess.
Sen. Alexander (R-TN) accused the White House of "street-brawling" with opponents, and said the strategy of freezing out opponents amounts to a latter-day "enemies list," a reference to an infamous practice of President Nixon.
A top Senate Republican took to the Senate floor Wednesday morning to suggest that the Obama White House is plotting a political strategy similar to that of ex-President Richard Nixon and may be on the verge of preparing its own “enemies list.”
Re