In 2008, Barack Obama understood the Hunger Games president’s wisdom. In 2012, he has abandoned it, because his dismal record leaves him little choice.
Archive for Category: "Economy"
May 1, 2012 05:30
What Is America’s Economic Breaking Point?
By all accounts, Americans are worse off today than they were ten years ago, and the state of our nation, despite what Washington’s media masters report, is fiscally, economically, and socially dire.
May 1, 2012 04:41
Allen West: – Obama tax plan “weapons of mass destruction” for economy
Rep. Allen West explains his controversial comments on Obama’s budget plan and failure on the economy. “Im very frustrated by it.”
May 1, 2012 04:36
Cheap Natural Gas Heralds an Energy Revolution That Will Displace Nuclear, Coal, Wind and Solar
“[I]t is ironic also that cheap gas will completely remove the need for electricity generated by solar or wind—much to the chagrin of environmental zealots. And all those folks hoping that energy prices would continue to rise and that electricity costs would “skyrocket” will be sorely disappointed.”
April 30, 2012 07:48
22 Signs That The Collapsing Spanish Economy Is Heading Into A Great Depression
The nightmares that we are seeing unfold in Spain and Greece right now are just a preview of what is coming to most of the rest of the world. The next wave of the economic crisis will soon envelop the United States, Japan and the rest of Europe.
April 30, 2012 06:25
Real GDP Growth is 0%
“Once again the BEA has used “deflaters” that will strain the credibility of the public, especially if they buy gasoline. To correct the “nominal” data into “real” numbers the BEA assumed that the annualized inflation rate during 1Q-2012 was 1.54%.”
April 30, 2012 05:57
The Economic Charade is Almost Over
Behind the need to increasingly lie about the economic condition of the country is the dying economy. … Real weekly wages are below where they were in the late 1960s. Most people are unaware of this because government chooses to hide it.
April 30, 2012 05:12
TARP Is Not Over – Still Costing Billions
$14 billion is gone, with no hope of recovery. Much of the remaining $104.5 billion is tied up in hundreds of small banks and large companies, like AIG and General Motors. Taxpayers still have $14.5 billion in GM’s former financing arm, Ally Financial. Prospects of swift repayment are not brightened by the possibility that Ally’s mortgage subsidiary, ResCap, may soon file for bankruptcy.
April 30, 2012 04:15
The Student Loan Battle
It will shock no one that the ‘solutions’ being put forward by the politicos are the same ones they propose for every other problem.
April 30, 2012 04:07
Spain back in recession after first-quarter contraction
First the UK now Spain. Are the dominoes falling? “Spanish government is considering helping the banking industry by allowing them to put bad loans into a government-organised fund.” – BBC News
