Obama is finally starting to crack a little bit on InTrade. .. he’s down to 57% now — a level not seen since early this year. – Business Insider
Archive for Category: "Economy"
U.S. Set to Lead World Over Debt Cliff Into Recession
America is set to push the global economy right into the tank. The non-US members of the G8 are well aware of these facts. They must be crapping in their pants at the prospects.
Obama Slaps 31% Tax on U.S. Consumers to Prop Up Solar Campaign Contributors
Obama has given over $16 billion to “green” companies with ties to campaign contributors. As his solar contributors continue to fail in headline making bankruptcies he starts a trade war with China to protect them.
Rubio: “Do people back home fully understand”
It’s a crisis that Geithner doesn’t think there is a debt crisis. “Do people back home fully understand what I just explained? That the Democrats in Washington that control the senate have not offered a budget in three and a half years, almost four years now. This government has spent close to $10 TRILLION dollars since the the budget was last passed by them”
Beginning of the end? Run on Greek banks hits record high
Greeks withdrew more than $900 million Monday and another $600 million Tuesday, according to the Greek Central Bank. While deposits have been steadily leaving banks since the start of the country’s debt problems in 2009, this week’s outpouring of cash reflects a new level of panic, analysts say. – USA Today
Forget Peak Oil, Worry About Peak Oil Labor
39,000 workers will be needed in Canada along to replace those who are expected to retire before 2020 just to maintain the status quo. The industry could need as many as 130,000 new hires by the end of the decade with more bullish oil and gas prices.
Bachmann: Debt too big to wait
Rep. Bachmann has opposed raising the debt ceiling. “We’ve got to get some market sanity going on. … We have to do this now. … Huge taxes on the horizon. … We can’t wait.” Congresswoman Michele Bachmann (MN-06) spoke to Fox News’ Neil Cavuto about the national debt and the upcoming debate over the debt ceiling.
Rep. Hensarling: No president has less credibility on jobs and economy
“We’ve passed dozens of jobs bills that still await action in the Democrat-controlled U.S. Senate.” House Republican Conference Chairman Jeb Hensarling went on FOX News’ “On the Record” to discuss House Republicans’ Plan for America’s Job Creators.
The sky is falling, the sky is falling – quick, redistribute the wealth
The screeching charlatans of the global warmists have come out of the closet and admitted their goal is redistribution of wealth. They’ve abandoned any pretense of science and instead are amping up the hysteria aimed at scaring you into paying up lest you die in your own carbon footprint.
Obama Fundraises With Vulture Capitalist Same Day as Attacking Romney as Capitalist
Blackstone is profiting from Obama’s failed economic policies. Vulture capitalist Tony James is profiting from the collapse of America by investing over $7.5 BILLION in the collapsed real estate market. He stands to make billions. No wonder he is fundraising for Obama. He is making money when people go broke. Another Obama administration is sure to keep that going.