Unemployment is projected to stay above 7% until 2015. It will take a decade to get back to pre-crisis employment levels. What did we get for Obama’s record spending and astronomical debt? Redistribution of income. That is all Obama cares about. It’s not about creating prosperity. Like most Marxists Obama wants “fairness” which to socialists means everyone equally poor is better than some being prosperous.
Archive for Category: "Economy"
GM making risky subprime loans to prop up Obama bailout myth
Desperate to keep the myth of “saving the auto industry” with billions of taxpayer dollars alive, GM is trying to keep sales figures up by offering car loans to people with poor credit. Isn’t this what caused the housing collapse?
Obama Plans Another Housing Collapse?
The federal government is beginning another initiative to force banks to lend mortgage money to low-credit-rated blacks and Hispanics — specifically blacks and Hispanics — and is threatening and already imposing punitive fines if they don’t.
Sand dollars – another economic boom side effect from oil
[S]ilica sand mining growth has led to the creation of hundreds of regional jobs, both directly in the industry and through a ripple effect on related businesses. – Leader Telegram
Rep. Mike Kelly trashes Obama Anti-Business Policies
Kelly produced 1,100 pages that the government uses to determine who is a qualified borrower now. “Are you kidding me,” a frustrated Kelly asked. “Do you mean to sit here and say that you are serious?”
Stop Burning Food for Fuel
The biofuel schemes have already inflated world food prices. Shortages and famines will increase.
Economic downer – GDP dips again
Obama’s economic suicide policies are bearing fruit as GDP slides to 1.5%. The campaigner in chief has not met with his “jobs” council in six months but has set records for fundraisers and rounds of golf played. Can we afford four more years of economic insanity?
Incomes jump 60% – unemployment falls to 1%!! Boom time in ND
Someone tell Obama. The oil drilling boom in North Dakota has increased average incomes from $30,000 to $50,000 and reduced unemployment to less than 1%!
Government kills kid’s hotdog business – we all did that?
A classic example of how government interference destroys free enterprise and people trying to help themselves instead of looking for a government hand out. This is Obama’s help for business.
Double dip recession looms as Europe tanks
Can we afford four more years of economic suicide? Of redistribution of wealth? Of an inexperienced community organizer? Of generational theft? Of record deficits and debt? Of campaign contributor payoffs in the billions of dollars? Of hiding documents on government murder and corruption? Of failed international leadership? Of dissing our allies and bowing to our enemies? Of $13 MILLION per green job programs? Of national security leaks for campaign imaging? Of ignoring the law and the will of the people? Four more years of a Marxist in the White House?