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From the category archives:

recession

Newt And Freddie

November 17, 2011

In his 2011 book, "To Save America", GOP presidential candidate Newt Gingrich wrote the following (from Bloomberg): [The two companies, Freddie Mac and Fannie Mae] “are so thoroughly politicized and preside over such irresponsible lending policies that they need to be replaced with smaller, private companies operating without government guarantees, whose leaders focus on making [...]

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GOP Plans Attack

January 3, 2011

When the new Congress convenes, the GOP-led House is planning to move on several fronts. 1. They are going to try to repeal ObamaCare: The new Republican-controlled House plans to schedule a vote to repeal the sweeping health care overhaul before President Barack Obama delivers his annual State of the Union address late this month, [...]

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The Incredible Reinvention Of Barney Frank

October 27, 2010

One of the mysteries of this election cycle is how Rep. Barney Frank (D-MA) could possibly be leading his congressional opponent, Sean Bielat (R-MA), by 13 points in the polls. I confess I know next to nothing about Bielat, but I do know a lot about the incumbent Frank. Given this knowledge of Rep. Frank, [...]

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Heading In The Right Direction ?

August 25, 2010

Housing sales fell 27% last month, the biggest drop in 15 years. The official unemployment rate is 9.5% (the real unemployment rate is over 16%, and may be much higher), and weekly unemployment claims rose to their highest level since last november. This year's federal deficit is expected to be $1.3 trillion, the second trillion+ [...]

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Obama's War On Business

July 13, 2010

Today, I ran across an editorial by 2008 Libertarian VP candidate, Wayne Allen Root, called Obama: Bumbling Incompetent…Or Bumbling Marxist ?. In this editorial, Mr. Root lays out a clear step-by-step explanation of how President Obama is going to destroy this country economically. If he is successful, Obama will wreak havoc on the American business [...]

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James Clyburn On Plant Life, Compassion

June 14, 2010

House Majority Whip James Clyburn (D-SC) has been making quite a name for himself lately. In the Democratic primaries in South Carolina, the voters nominated a completely unknown Senate candidate, Alvin Greene, who hadn't even campaigned, who hadn't attended the S.C. Democratic convention, who can barely speak coherently, who faces felony obscenity charges, who is [...]

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The Goldman Sachs Diversion

April 26, 2010

On April 16, 2010, the Securities And Exchange Commission (SEC) filed a civil fraud suit against Goldman Sachs, alleging that the Wall Street investment bank sold mortgage-backed securities to investors that were secretly designed to fail. About a week later, A Senate subcommittee investigating the financial crisis released internal Goldman Sachs e-mails that seemed to [...]

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The Friday Political Circus

March 5, 2010

Welcome To The Machine – On the same day President Obama invited Rep. Jim Matheson (D-UT) to the White House to pressure him to switch his vote on health care reform, Obama appointed Matheson's brother, Scott Matheson, to a judgeship on the 10th Circuit Court Of Appeals. I'm sure that was an entirely random, coincidental [...]

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Let's Pretend – Obama Is A Moderate

January 27, 2010

The official proclamation from the media is that President Obama is a moderate now, after word came from the White House that Obama will propose a three-year federal spending freeze in tonight's State Of The Union address. The official proclamation claims that the President got the message from the Massachusetts senatorial election, and now he's [...]

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It's All Bush's Fault ???

January 25, 2010

Every time I hear President Obama or any other Democrat blame George W. Bush for the recession, it makes my head want to explode. It is so dishonest that words can barely describe it. Yes, Bush was the President when it happened, but Bush didn't put the policies in place that made it happen. For [...]

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Jive, Cronies, and Demagogues

January 15, 2010

Democrats have been telling us that Harry Reid's comments about President Barack Obama were NOT racist. Reid said Obama could become President because he was "light skinned" and had "no Negro dialect unless he wanted to have one." Dems also tell us that Bill Clinton's remarks about Barack Obama were NOT racist. Clinton told Ted [...]

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A Recession-Proof Industry

December 11, 2009

When times get tough, as in the current recession, businesses are forced to cut back. They halt expansion plans, reign in expenses, and lay off workers. We've seen a lot of that in the last couple years, as over 7 million people have lost their jobs. Individuals also cut back on expenses. However, there is [...]

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