The vast majority of people out there only believe what they want to believe. They don’t want to believe that a great economic crisis is coming, and so when it does happen they are going to be absolutely blindsided by it.
Archive for Category: "Economy"
Charles Manson energy
Wind energy is unsustainable. It kills unconscionable numbers of bats, raptors and other birds. It requires billions in perpetual subsidies – and billions more for (mostly) gas-fired backup generators. Its expensive, unreliable electricity kills two jobs for every one supposedly created.
Obama kills Keystone pipeline – and jobs
Calling congress’ bluff on the Keystone XL pipeline Obama has said no because 60 days is not enough time for a new environmental impact study. The answer was always no. Congress just forced him to say it before the election.
Obama’s jobs council pushes GOP ideas – Obama balks
Like his debt commission Obama’s jobs council will be ignored because it does not fit his ideological game plan for redistribution and more government control.
Natural Gas – America’s energy hope?
What happened? Free enterprise and capital markets happened. Fracking and innovation allowed new natural gas deposits to be found in our country which brought forth huge reserves of US energy and drove down costs even while usage soared.
The U.S. is on a Suicide Watch
The federal government is running on “continuing resolutions.” It has not had a formal budget since Obama arrived. This is no way to run the greatest nation on the face of the Earth. America is on a suicide watch and we are just an election away from saving it.
Printing trillions of dollars does little to help
US deficit spending is $1.4 trillion dollars, Bernanke is flooding banks with cash, interest rates are at record lows, mortgage rates are at record lows, and velocity of money is falling like a rock. – Mish’s Global Economic Trend Analysis
Newt deflects race attack by Juan Williams
Williams tries to paint Gingrich as racist when he called Obama the food stamp president. “The fact is that more people have been put on food stamps by Barack Obama than any president in history.” Newt gets a standing ovation as he finishes making Williams face the truth.
Obama’s “Fairness” is Pure Communism
Americans have lived through three years of Obama and have nothing to show for it beyond massive unemployment, lost homes, dislocation, food stamps, graduating into the world with a national debt that is equal to the Gross Domestic Product.
Socialism Breeds Tyranny and Disparity
Occupiers decry capitalist “greed” yet ignore the greed of those who would use the force and power of big government to confiscate the wealth of one citizen to give it to another.