The real problem is that Europe has created a massive welfare state that its shriveled, undynamic economies can no longer support.
Archive for September, 2011
FLASHBACK: Obama said raising taxes in a recession is acting stupidly
2009, Obama was very clear that we shouldn’t raise taxes in a recession. So why does he want to increase them now? Its not about raising revenues. Its about “fairness” and votes.
Ryan: Obama’s ‘Buffett Rule’ is class warfare
Paul Ryan explains that Obama has already raised taxes $1.5 trillion and taxing capital gains will cripple the economy. Its been tried before and increasing capital gains tax reduces revenue. “We don’t think we should be bailing out states.”
Pay To Play? – Its the Chicago way
Kaiser Family Foundation 2009 grant to Michelle Obama’s ‘Urban Health Initiative’ sparks more Solyndra ‘crony capitalism’ questions – Daily Caller
One Reason Obama Wants Another State Bailout
A new study from two Harvard economists suggests that the president’s affinity for these subsidies might have something to do with the fact that the aid would be particularly helpful to states with more left-leaning legislators and strong public sector unions.
Allen West’s solutions on the economy, jobs bill, UN
West describes the state of the economy, the false hope of more spending and the danger to Israel from the pending UN vote on a Palestinian state.
White House scandals keep coming – Did Obama’s former investment play role in pressuring 4-star general to change testimony?
It seems that Obama himself has a personal interest in LightSquared and may have pressured the Air force general to change congressional testimony to protect “rich” campaign contributors. – Story at HotAir
Palin: Crony Capitalism on Steroids from GE to Solyndra
Obama has his sights set on raising $1 billion for his reelection campaign. Raising that money won’t be easy. But if you can hand out other people’s money to friends, it must get a whole lot easier.
Mad Money’s Cramer: “YES!” Business Leaders See Obama As A Socialist
Chris “thrill up my leg” Matthews back pedals quickly when Mad Money host Jim Cramer discloses that YES business leaders think Obama is a socialist. Cramer says business leaders thought Obama just didn’t get it the first two years but now understand that Obama gets it but just doesn’t want business to do well.
O’Reilly and Dobbs on Obama Administration: Throw the Scandal Plagued Bumbs Out
Bill O’Reilly and Lou Dobbs discussed the latest scandals involving the Obama Administration. The popular TV hosts agreed that Americans are ready to “throw the bumbs out” especially those Americans who are struggling. – Jim Hoft