Bernanke never acknowledged that the Fed contributed to the mess of 2008. If Ben wasn’t flat out lying, his head is buried very deeply in the sand.
Archive for Category: "Economy"
April 2, 2012 05:31
The 15 Trillion Dollar Party
If the U.S. government tried to go to a balanced budget now, our standard of living would crash and there would be riots in the streets. The American people have been enjoying false prosperity for so long that they have lost any notion of what “normal” actually is.
April 2, 2012 05:00
Eurozone in recession – unemployment hits new high
“It looks odds-on that eurozone GDP contracted again in the first quarter of 2012, thereby moving into recession,” said Howard Archer, chief European economist at IHS Global Insight. – BBC News
March 30, 2012 11:06
Paul Ryan strongly endorses Romney – says Obama’s plan is for a welfare state
“If we don’t like the direction the president is taking the country, which I would argue is taking us into a debt crisis, into a welfare state in decline, if we don’t like that direction, which we clearly don’t, we need to show the country exactly how we would get off that track, get back on saving the American dream. And then give the country a choice in the fall. We think we owe the American people a clear choice of two futures so they can decide this fall what they want America to be.”
March 30, 2012 10:56
Obama’s “green” jobs lies
The BLS’ new category of “green goods and services” uses an arbitrary and expansive definition to inflate its numbers, but even if the accounting made sense, the category would still be useless for policymakers. If the government really wants to help with job creation, it should just get out of the private sector’s way.
March 30, 2012 10:38
Krauthammer: Obama shuts down coal industry, kills jobs, raises electric rates – offers algae
Obama warned us in 2008 that under his plan “electricity rates would necessarily have to skyrocket.” He also told crowds that he would ask Americans to “sacrifice” by paying higher energy costs and higher gas prices. America had a collective brain freeze in electing Obama in 2008. Will we let it happen again?
March 30, 2012 05:56
Joe the Plumber to Obama: “stop currying favor with environmental extremists, and start supporting energy policies that benefit all Americans”
Instead of embracing fantasy energy policies, President Obama needs to step into the real world. He should welcome expanded development of our vast oil and natural gas resources, increased oil imports from Canada, and the lower fuel prices this would bring.
March 30, 2012 05:41
How much is the U.S. dollar worth?
Our dollar today is worth less than 19 cents when compared to 1971 and the price of gold fluctuates between $1,500-1,700 per ounce.
March 30, 2012 04:45
Spying and Stealing by Communist China
Communist China’s strategy is to spend and spy and steal to become the number one superpower in the 21st century. The Chinese are seeking every kind of technology: aerospace, biotech, information, and energy.
March 30, 2012 04:05
Coburn: Obama’s oil attack “all a big sham”
“We subsidize solar at $692 per megawatt hour. If you take all the accelerated depreciation it’s $ 0.61 per megawatt on oil. …. The major oil companies get no subsidy. .. America has more oil than any other country in the world…. 1.28 trillion barrels of oil.”
