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In other words, the stock market is not the best barometer of the economy. The polls are. And the polls say the economy still sucks. Not only that, things are compounded by class resentment, and anger at an elite class (Wall Street, and Washington)..
Some 60% of this incredible shrinkage will be achieved through tax hikes, and 40% via spending cuts, which together will generate the needed $938 billion in savings.
President Barack Obama's national standing has slipped to a new low after his victory on the historic health care overhaul, even in the face of growing signs of economic revival, according to the latest Associated Press-GfK poll.
Who is Obama? Everyone has their favorite theories: he a typical American undergrad; a national traumatizing force; a Rogue Democrat; a tool of the bankers. Introducing BHO v8.0. 8 answers to our national parlor game: Who is Barack Obama?
I wrote at length about the extreme dangers and lawlessness of allowing the Executive Branch the power to murder U.S. citizens far away from a battlefield (i.e., while they're sleeping, at home, with their children, etc.) and with no due process...
US President Barack Obama plans to release a review of the US nuclear arms strategy that purportedly restricts the use of its nuclear arms against most non-atomic states except Iran and North Korea.
Finalizing two major pieces of his agenda, President Barack Obama on Tuesday sealed his health care overhaul and made the government the primary lender to students by cutting banks out of the process.
Under elaborate secrecy, President Obama slipped into Afghanistan near the front lines of the increasingly bloody 8-year-old war he is expanding and affirmed America's commitment to destroying al-Qaida and its extremist allies in the land where the 9
Fed up with waiting, President Obama announced he would bypass a vacationing Senate and name 15 people to key administration jobs, wielding for the first time the blunt political tool known as the recess appointment, immediately deepened the divide
Assuming Treasury continues to try to shove toward the short end of the curve, a strategy that exposes it to extreme amounts of rollover risk, the average coupon would likely rise to about 5.5%. This would drive interest expense to $780 billion by Se
Nothing says ‘I care’ quite like an Obama photo op. Whether it’s kids, soldiers or doctors–or, if expressing displeasure, like withholding a photo op from Israeli Prime Minister Bibi Netanyahu.
Well, I guess we’re finding out what’s in the bill, now that it’s passed: Courtesy of NoisyRoom.net. See the Patient Protection Affordable Care Act, page 1312: SEC. 5210. ESTABLISHING A READY RESERVE CORPS. Section 203 of the Public Health
"The Great Reneger" was written, produced and sung by Michael Fischer. video
Major news is breaking concerning the White House visitors list. The log shows that several unsavory characters, at least 2 of whom Obama denied knowing personally, have been regular visitors at the White House. The most eyebrow-raising of these vi
As millions of my fellow Americans, I am extremely angry, outraged, and devastated by the Democrats' unbelievable arrogance and disdain for We The People. Despite our screaming "no" from the rooftops, they forced ObamaCare down our throats. Please
We have added $223 billion of debt in the last three weeks, and $755 billion in just 5 months. As a reminder, the debt limit is $14.3 trillion. We are $1.7 trillion away from the limit.
I know we have all seen many different videos on Obama.But this 9 minute,54 second video pretty much sums it up...on who we have as POTUS.IMO...This is the best video I've seen.
listen closely amidst the applause. if the link doesnt work - due to hotlinking it might come up as 'banned'; Just copy & paste url into your browser http://video.godlikeproductions.com/video/Biden_to_Obama_at_Health_Care_Signing_This_is_a_Big
The FDIC has a $500b line with Treasury. This borrowing could have been accomplished much cheaper. The reason that did not happen is just more optics. If the FDIC had borrowed from Treasury the word ‘bailout’ would have been uttered.
The nation’s chief executive extols the virtues of mandatory DNA testing of Americans upon arrest, even absent charges or a conviction. Obama said, “It’s the right thing to do” to “tighten the grip around folks” who commit crime. When it comes to civ
This strategy, of relying on propaganda to mask their true intent, has become inevitable, given the strategic corner the Obama Adminstration has painted itself in. And this campaign has become increasingly desperate as the inconsistency...
The Obama administration has proposed using United Nations-guided principles to expand a type of zoning to coastal and even some inland waters. That’s raising concerns among fishermen that their favorite fishing holes may soon be off-limits for bait-
There is no school of economics (classical, Austrian, Keynesian, etc.) that says deficits of this magnitude for a decade or longer will not result in great economic hardship or worse. Greece, here we come.
The Federal Deposit Insurance Corp. is trying to encourage public retirement funds that control more than $2 trillion to buy all or part of failed lenders, taking a more direct role in propping up the banking system, said people briefed on the matter
Only about a third of the homeowners who have successfully completed the trial period of the Obama administration's mortgage modification program have been offered permanent relief, according to new federal data obtained by the Huffington Post.
Why do Bookstaber and Roubini want to kill gold so bad? What's up with the mixed message from Soros? Why does the CFTC head, the former Goldmanite, Gary Gensler, want to kill off futures currency trading for individuals?
This one almost slipped under the radar. Read the last line of the article...
“We’re not remaking Fannie and Freddie,” Frank said. “We’re going to start from scratch and do housing finance.”
President Obama's advisers are nearing a recommendation that Khalid Sheik Mohammed, the self-proclaimed mastermind of the Sept. 11, 2001, attacks, be prosecuted in a military tribunal, that would reverse Attorney General Holder's plan to try him in c
Argentina provided a precedent in 2008, taking over that country's private retirement accounts for forced investment in government bonds to cover spiraling deficits. Britain's Telegraph editorialized that this may be "a foretaste of what may happen..
