The last time they passed a budget, you had never heard of the iPad. Tiger Woods was only known for his golfing abilities. General Motors had never declared bankruptcy. You had never heard of Swine flu.
Archive for Category: "Economy"
January 24, 2012 07:09
Oil boom in ND drives jobless rate down to 1%
“Top 12” issues facing a community where the economy is booming, the jobless rate is less than 1%, and there are bound to be some “growing pains.”
January 24, 2012 06:43
IMF Warns of Global Depression If Governments Don’t Pay Up
She never mentioned Germany and the US by name, but those were her prime targets. “It is about avoiding a 1930s moment,” she said at the German Council of Foreign Affairs in Berlin, “a moment, ultimately, leading to a downward spiral that could engulf the entire world.” – Testosterone Pit
January 24, 2012 06:24
Obama to dodge record in SOTU speech
Obama has ignored his debt commission and now even ignores his own “jobs” council that echoed Simpson-Bowles on tax reform, regulatory reform and competitiveness. Kudlow points out that there is a virtual bi-partisan coalition for these thing but it still can’t get done under Obama.
January 23, 2012 11:58
State of the Union to be on 1000th day without a budget
GOP led House has passed budgets but Obama cannot get his party to do ANYTHING but obstruct the will of the people in the Democrat majority senate. Obama’s SOTU points sound like a “retread” according to senator John Cornyn. “It does seem that the mainstream media is primarily acting as a cheerleader for the president and his agenda. …. we’re going to give our children and grandchildren $48,000 each in debt the day they are born and that’s wrong.”
January 23, 2012 10:42
In defence of capitalism, the most virtuous economic system yet devised
Under the various forms of corporatism tried by fascist and socialist regimes, by contrast, someone else – generally a state official – gets to allocate the goodies, guaranteeing favouritism and corruption. – MEP Daniel Hannan
January 23, 2012 09:05
Obama chooses Venezuela over Canada in Keystone cop-out
Obama picks Marxist dictator Chavez’s oil instead of ethical Canadian oil choosing Hollywood celebs over middle class workers. What a hypocrite.
January 19, 2012 11:23
Exploding debt – $16 TRILLION by election day
Interest on the debt to be $10 BILLION A WEEK by election day. $4.2 TRILLION added by Obama already. Obama has kicked the debt can down the road so far he won’t be bothered with even if he wins a second term.
January 19, 2012 08:20
Forty-Five States Are ‘Financial Sinkholes’
For years the financial conditions of 45 states have been eroding to the point that the Institute for Truth in Accounting (IFTA) has labeled them “financial sinkholes.”
January 19, 2012 07:43
Under Obama, Oil and Gas Production on Federal Lands Is Down 40%
Oil and natural gas production on federal lands is down by more than 40 percent compared to 10 years ago. Under the Obama administration, 2010 had the lowest number of onshore leases issued since 1984. The Obama administration held only one offshore lease sale in 2011.
