It’s about time that someone stood up with a bludgeon and beat back against Obama progressives who are pushing the rest of us around because they can’t think of anything better to do.Um, you know, since it's been shown they have no plan to save the country and never really had one to begin with.
This week marks the debut of former Vice-President Dick Cheney’s memoir entitled In My Time. Cheney has helped pump up interest in his volume, promising that it will stir up a hornet’s nest in Washington and among the chattering classes, at large. Some commentators, most of whom have not yet read the tome, are accusing Cheney of settling old scores and answering his critics, instead of offering a substantive contribution to the historical literature of the Bush Presidency.
Cost Per Job Between $196,750 and $562,000: Like I said, the jobs numbers are slippery. But if you take the $787 billion price tag and divide by CBO estimates of 1.4 million to 4 million “full-time equivalent” jobs created as a result of the stimulus measure, per-job costs range between these two six-figure sums.
No sooner had President Barack Obama shocked the political world with a gloomy economic forecast -- projecting 9.1 percent unemployment for this year and a re-election-killing 9 percent for 2012 -- than the dismal August jobs report arrived showing no gain in non-farm payrolls.
Keep in mind; it’s much too early in the process to fear the polling data. Please, please, please, the country needs a strong leader right now. Not twelve months from now, but now. The Republicans must have the guts to spell out the specifics regardless of who it offends, and let the chips fall where they may.
It is Sept. 1, and that means we are once again approaching the anniversary of al Qaeda’s Sept. 11, 2001, attacks against the United States. In the 10 years that have passed since the attacks, a lot has happened and much has changed in the world, but many people can still vividly recall the sense of fear, uncertainty and helplessness they felt on that September morning.
US Congresswoman Ileana Ros-Lehtinen, the chairwoman of the House Foreign Affairs Committee, kicked up a political storm this week. On Tuesday, Ros-Lehtinen introduced the United Nations Transparency, Accountability and Reform Act. If passed into law it would place stringent restrictions on US funding of the UN's budget.
A year ago many prominent Israelis seemed smitten with Fidel Castro. "I thank you from the bottom of my heart,” wrote Israeli President Shimon Peres to Fidel Castro on Sept. 24, 2010.
It wasn't supposed to be like this. Once this infant republic styled the United States of America adopted a new constitution, all would be well. With a single, energetic executive to lead the way, our borders would be secure, our trade protected, our flag respected. A president and commander-in-chief would give the country what it desperately needed: energy in the executive.
"Always remember. Never forget." The phrase is now emblazoned in red across the U.S. Department of Homeland Security website. But as the Obama administration disseminates its talking points to mark the 10th anniversary of the 9/11 jihadist attacks, the White House remains stone-silent about the president's Uncle Omar problem.
The pied pipers at MTV were certainly delighted that they attracted their largest audience ever measured for their Video Music Awards show, more than 12 million viewers. It began with Lady Gaga as a male impersonator and ended with rapper Lil Wayne dancing around wearing women's leggings affixed literally below his rear end.
I liked the idea back then- and oh, it seems so long ago- that our economy was so strong that teachers didn’t go on strike and that pension plans were generous. I liked the idea that we had peace. And when we couldn’t have peace abroad, we generally had it at home.
They cannot help themselves, The New York Times that is. With absolute regularity, they continue to report certain issues in the most biased and fact-avoiding way possible.
Some have described Hurricane Irene as "the most over-hyped event in history." Americans in the Northeast who were flooded out of their homes and businesses and those without electricity, fuel or water don't agree. But a U.S. official I spoke with this week told me, "The next storm coming from down south is already deadlier than Irene, and nobody is paying attention."
In the early morning hours of Sept. 1, 1939, 72 years ago, the German army crossed the Polish frontier. On Sept. 3, British Prime Minister Neville Chamberlain, having received no reply to his ultimatum demanding a German withdrawal, declared that a state of war now existed between Great Britain and Germany.
God will not be mocked, as the Scriptures tell us, but the pundits and politicians keep trying. Rick Perry is bringing out both the believers and the scoffers. This is a phenomenon that seems to happen with the presidential cycles. Jimmy Carter was born again, Barack Obama was once the messiah, and his followers -- millions of them -- thought he could walk on water.
The biggest star in the Obama firmament of green-jobs companies has just imploded. Solyndra, a California-based firm that produced solar panels, declared bankruptcy this week, putting more than a thousand additional workers on the unemployment line.
The president, of course, isn't in either business specifically, but in a larger sense he's been investing our money, picking the businesses he thinks will fuel economic expansion, new jobs and the technology of the future, and rebuild the nation's fraying infrastructure.
There’s an old TV saying given to the moment when viewers realize a series has peaked – it’s called “jumping the shark.” It’s in reference to the fifth season of Happy Days, when the Fonz is waterskiing – complete with leather jacket – and proceeds to jump over a shark. The scene was so outlandish and ridiculous, that viewers realized the show as creatively bankrupt. The popularity of the series declined from there.
Any officer, firefighter, or teacher who can find a better job at more money in the private sector would be free to do so. I suspect few would. To prohibit future fights, the unions should be dissolved and collective bargaining ended.
The SEC is supposed to be the vanguard, the front-line protection for investors who put their hard-earned money into equities markets. But in reality, it’s a $1.19 billion-dollar government program that’s asleep at the switch, run by inept lawyers and careerist regulators who neither understand the regulations nor have the incentive to enforce them.
Eric Cantor plans to go on offense for job creation when the House convenes for business after Labor Day. In a memo to Republican members yesterday, Majority Leader Cantor outlined a strategy to reduce the tax burden on small business owners and repeal ten regulations that increase cost and stifle job creation.
It is an ideological milestone that the emerging Republican front-runner is as skeptical of the New Deal as anyone in his position since the New Deal. During the 1936 election, Republican nominee Alf Landon called Social Security "unjust, unworkable, stupidly drafted and wastefully financed."
The recent attacks on the intelligence of Texas Governor Rick Perry included the charge that he was dumb and, more bitingly, was like George W. Bush only without the brains. The release of his college transcripts seemed to confirm these accusations. In fact, Frank James, writing on NPR.org, warned, “if you ever enter politics, you may one day think about running for president. And if you do decide to run, your college grades could become an issue, especially if they’re mediocre.”
With our economy continuing to falter, the discussion of leveraging our nation’s vast energy resources to create jobs is taking on renewed importance.
President Obama thought he would open his 2012 re-election campaign with a bit of big-footing that would show the GOP presidential candidates gathered at the Reagan Library in Simi Valley next week who was going to set the agenda and call the tune.
In my hands was a small, multicolored clay turtle that I had made and painted at elementary school. I carefully walked up the steps to the front of our home, excited to show my mother what I had made and give it to her. As I opened the screen door, I dropped my handcrafted treasure, and it broke into pieces. I sat down and cried.
In the glossy pages of The New Yorker, in graceful prose and with good reporting, the dreams and nightmares of the admirers of Barack Obama and his policies lie exposed.
The Irish cabdriver complained almost nonstop during our half-hour drive to the Belfast International Airport. He especially worried about the job prospects for his 20-something son and, for that matter, about those for the generation of young people who face a "sh-tty" future on this beautiful island full of friendly people.
Many Americans, struggling in the worst economy since the Great Depression, recognize that the United States has entered into a period of economic stagnation and cultural decline.
In advance of a "major speech" on the economy and jobs, President Obama has selected Princeton University professor Alan Krueger to be chairman of the Council of Economic Advisers. Krueger is no relation to the horror film character Freddy Krueger, though if his ideas are implemented, they might further "slash" the economy.
This time of year is traditionally about the start of school, the start of football and the end of summer. Labor Day is emblematic of the season, and with Labor Day comes the annual "Jerry Lewis Telethon" to raise money for muscular dystrophy research and treatment.
We’ve got a lot of great public school teachers. But it’s a shame that they are being represented by such a self-serving, hyperpartisan group of activists.
The 1980s and 1990s were prime time for environmental scares, many of which proved bogus. On one side were liberals, greens and professional alarmists who always assumed the worst. On the other side, many non-liberals chose to heed scientists who had studied the evidence. Time and again, the skeptics were right.
Speculation only makes price discovery more transparent-and thus the price you pay less than you normally would pay. Because speculators exist, the bid/ask spread is tighter than it normally would be. That’s called economic competition.
In their quest to widen the low-road and increase its rider-ship, the liberal Washington, D.C-based Politico just offered up this hackneyed but oh so predictable headline: “Is Rick Perry Dumb?”
Thanks to Illinois governor Pat Quinn and the Illinois legislature Illinois Loses Most Jobs in the Nation.
President Obama has nominated Princeton University Professor Alan Krueger to be chairman of the White House Council of Economic Advisors. Saying that "I have nothing but confidence in Alan as he takes on this important role," Obama described him as one of the nation's leading economists.
Amid the hoots at Republican presidential candidate Rick Perry for saying there were "gaps" in the theory of evolution, the strongest evidence for Darwinism presented by these soi-disant rationalists was a 9-year-old boy quoted in The New York Times.
Forbes Magazine is a most respected resource for business leaders. The magazine recently came out with a list of the world's Most Powerful Women.
Last week, bad parents were all over the news, so if you weren’t plastered throughout the media for pouring hot sauce down your son’s throat, shaving your daughter’s head for lying, or otherwise terrorizing the little ones in your care, you’re not as bad as some.
Summer is a time of strong memories. Memories of sunshine, lemonade and bicycles flood our minds. Summertime is the season when our youth is so close we can almost reach out and touch it. This summer we have been extra reflective, the marriage of our first child and the contemplation of our parents mortality have only heightened our introspection.
There are now enough Operation Fast and Furious officials playing hide-and-seek in the Obama administration to fill a "rubber room."
Overall U.S. unemployment is 9.1 percent. For white adults, it's 8 percent, and for white teens, 23 percent. Black adult unemployment stands at 17 percent, and for black teens, it's 40 percent, more than 50 percent in some cities, for example, Washington.
They strained might and main to raise taxes on the rich most of this year- which conservatives opposed- yet now, by appointing Krueger as the new czar of the Obama whackosystem, they seem to be signaling that they will be willing to compromise by agreeing to raise taxes on everyone, rich and poor alike.
Conservatives yearn for a big, clarifying electoral victory in November of 2012, but they’re already winning decisively whenever Americans vote with their feet--or their moving vans.
In 1986, Tim Cole, a student at Texas Tech University in Lubbock, was sentenced to 25 years in prison for a rape he did not commit. He was exonerated in 2009, a decade after he died behind bars from a severe asthma attack at the age of 39.
Israeli security forces use a system of profiling passengers in order to protect air travel. They don’t conduct these silly random searches we see almost daily in America. The Israeli security guards know the type of person who is most likely to carry out a terrorist attack; they don’t need to pat down 95-year-old grandmothers.
Some farm states may avoid a recession this time around, but otherwise a clear picture has emerged: US in recession right here, right Now.
Recently, Michael Barone had a column on NationalReview.com which served as a reminder that even the most politically and culturally astute among us have to avail ourselves of news outlets beyond the typical networks and/or print publications.
It could be argued that while Gadhafi retains a coherent military force and significant territory, he no longer governs Libya. That is certainly true and significant, but it will become more significant when his enemies do take control of the levers of power.
A new lower-cost loan introduced by the Federal Housing Authority, FHA, has made reverse mortgages accessible to a greater number of seniors -- that's the good news. But changes in the Department of Housing and Urban Development's, HUD, rules, as well as some major lenders dropping out of the reverse mortgage business, have raised concerns and hurdles for borrowers.
In recent weeks, we have been put on notice repeatedly: Absent a fundamental course correction, America will go the way of Europe and others before it, succumbing to an insidious totalitarian doctrine known as shariah whose purpose, in the words of its prime practitioners - the Muslim Brotherhood (MB) - is to "destroy Western civilization from within."
The Charlotte Observer’s coverage of the August 27th gay pride event, Pride Charlotte, held this year in the heart of Charlotte’s business district, was marked by significant omissions and misrepresentations, along with some (surely unintended) irony.
Will the Egyptian military be permitted to remilitarize the Sinai? Since Palestinian and Egyptian terrorists crossed into Israel from Sinai on August 18 and murdered eight Israelis this has been a central issue under discussion at senior echelons of the government and the IDF.
“Florida elects Presidents,” said Michelle Bachman yesterday in—well-- Florida, which holds 27 of the 270 electoral votes needed to win the presidency. “Marco Rubio has the hallmarks of, I think, everything that a person would look for in a potential candidate,” she added. “He’s got so much going for him.”
To date, Barack Obama’s presidency has been characterized by many things, not the least of which has been a display of arrogance usually reserved for full-blown dictators like Hugo Chavez or crazies like Al Gore. And his personal haughtiness has been more than matched by members of his administration who have followed their fearless leader lockstep down a path of government expansion and economic implosion.
Rick Perry is brash, bold, and projects a thoroughly Texan ethos. By comparison, Pawlenty is a gentler, though earnest, Midwestern conservative. He hews so closely to the “Minnesota nice” stereotype that he looked visibly uncomfortable attacking Mitt Romney and Michele Bachmann during GOP debates.
Loyal readers know that I have been calling attention to a range of Second Amendment issues in the past week. In last week's column here, I wrote about the scandals and illegitimate regulations emanating from the Bureau of Alcohol, Tobacco, Firearms and Explosives. In another outlet, I documented the threat to our rights that is posed by the United Nations' proposed arms trade treaty.
Rick Perry has gotten the Sarah Palin treatment since he declared his intention to run for the presidency. No surprise there.
The Hurricane Irene story ought to, but won't, shed light on our prejudices regarding science. The favored liberal Democratic narrative -- we've seen it trotted out against Rick Perry in the past two weeks -- goes like this: Democrats are the party of the enlightenment.
Next month, the UN-sponsored hate-Israel festival known as Durban III takes place. Under the heading "anti-racism," the great bulk of the conference, like Durban I and Durban II, consists of condemning Israel for racism and equating it to an apartheid state.
"Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency. By a continuing process of inflation, governments can confiscate, secretly and unobserved, an important part of the wealth of their citizens."
We are hearing more and more lately about Public-Private Partnerships (PPPs) as the ideal way to administer the areas of healthcare, transportation, public buildings, water and the environment. President Obama and other politicians are proudly announcing the launch of new partnerships with the private sector.
When the Scots released convicted Pan Am Flight 103 bomber Abdel Basset Ali al-Megrahi on Aug. 20, 2009 -- ostensibly because prostate cancer left him less than three months to live -- Megrahi presented a stooped, frail figure as he boarded his getaway plane. Hours later, when he landed to a hero's welcome in Tripoli, Libya, however, Megrahi appeared triumphant and radiant.
The media are absorbed with the race for the Republican presidential nomination -- commenting on daily fluctuations in the polls and predicting who will win. But why are they omitting discussion of the elephant in the room -- China?
What fun -- a new way to do presidential politics. Namely, ask the candidates about their religious views, and find out, saith New York Times executive editor Bill Keller, "if a candidate places fealty to the Bible, the Book of Mormon (the text, not the Broadway musical) or some other authority higher than the laws and Constitution of this country."
The documentary shows film of agents descending on various organic farms and outlets, guns drawn, SWAT teams present. It’s straight out of science fiction and something that you can’t believe happens in America. I can understand a huge police presence when going after a drug lord, but a family farmer?
So, in the spirit of Summer driving season and family road trips, the recent market decline begs the question, "Are we there yet"? Unfortunately, checking in with some important valuation indicators suggests the decline of the last several weeks has not accomplished enough to merit a more aggressive long-term portfolio stance.
Joshua Shapiro, chief U.S. economist at MFR, Inc., delivered my favorite quote on the subject to the New York Times: “If you’re in the middle of recession, you just wander around blowing up buildings, and that would be your path to prosperity. And clearly that’s not the case. It’s not the case with a natural disaster either.”
The rigged game we call equities markets will almost certainly recover from here and could push higher still this fall, but without an underlying increase in demand, expect the sudden and catastrophic programmed-trading death drops to continue.
Who does the Fed think it’s kidding? Somehow we are supposed to believe it that the economy is growing, inflation is under control, and the big banks the Fed has been breastfeeding are somehow more solvent than they were two years ago. Fortunately, we live in a country where, despite the old adage, it is rarely possible to fool all of the people even some of the time.
Move-in day has come and gone at college campuses nationwide. Teary-eyed mothers have gone home, leaving nervous freshmen to fend for themselves. But a harsher reality awaits students on the other side of their four years of collegiate study: the “real world.” And the real world of today is not kind to college graduates. Many college seniors will attend job fairs this fall; if trends continue, few will find work next spring.
Even the excessively reliable defender of the Administration, the Washington Post, admits that Obama's economic policies have led to a "crisis of confidence" among American consumers and businesses alike. His next chairman of the President's Council of Economic Advisers should ensure confidence fades.
COLUMNISTS MAKE PREDICTIONS at their peril, but I'll go out on a limb: If Hurricane Irene turns out to have wrought the havoc some forecasters have predicted, it will be only a matter of days before some expert reassures us that all the destruction will actually be good for the economy.
Here is how most people approach the labor market: You search for a job you like, with health insurance tacked on as a fringe benefit. But here is how other people approach the labor market: They search for the health insurance they need and agree to work in order to get it.
Two names loom large in today’s news. Two names that ordinarily we wouldn’t think about together. But, in the great struggle now unfolding before us for our nation’s future, it seems to me these two quintessential Americans are worth thinking about in light of each other. One is Steve Jobs. The other is Dr Martin Luther King, Jr.
It’s time to put America back to work! Chances are that President Obama will give his “New” plan after his vacation. Most likely, he’ll announce a new stimulus plan with “shovel-ready” infrastructure improvements, a call for more taxes on the “wealthy,” and a move to extend unemployment benefits forever!
Democrats are counting heavily on President Obama's upcoming Labor Day job creation speech to allay the fears of the stock market, the international investor community and the American people. Much like Waiting for Godot, there's been a lot of hype and chatter but very little action.
Rick Perry announced that he was running for President and the dump truck hired by the left-wing media unloaded the next day. They rolled out their columns disparaging the “Texas miracle” quicker than a Nolan Ryan fastball. As always, the serious question is: How accurate are their stories?
We simply cannot continue to act like nothing is wrong. We have very big problems--most of them structural--that have formed over the course of decades and, unfortunately, we no longer have the luxury of fixing them with small adjustments over decades. We have just years to fix them, maybe less. The co-chairs of Obama's deficit commission back then stated we probably have less than two years.
As the economy fails to gain traction, the Obama administration is proposing an additional burden—new, tougher ozone (air quality) regulations. This is not only curious; it’s simply bad public policy. The air we breathe today is as clean as it has been since the Environmental Protection Agency starting collecting information, but new strict regulations could cost 7.3 million Americans their jobs.
The list from most recent to historical past is significant and includes the financial and credit crisis of 2008, the housing market in 2007, the dot-com implosion of 2000, the Nikkei of 1990, the savings and loan crisis of 1989, the depression collapse of 1938, the roaring twenties and 1929, the South Sea bubble of 1720, and the tulip mania of the 1630s.
Big government isn’t just bad because it is so costly. Big government is toxic because it becomes an over reaching nanny state that tries to protect us from ourselves. Eventually, government reaches its tentacles into our lives and curbs our freedom.
Now that Finland wants collateral for Greek loans, it will do the same if Spain or Portugal needs more loans. Moreover, I keep wondering when the citizens of Spain, Portugal, and Ireland have had enough, given the success of Iceland in telling the ECB, EU and IMF to go to hell.
After an earthquake and now a hurricane, this week in politics seems so boring. If you really think about it, were these people not fighting over the ability to make your life Hell, it would be really boring. But they are, so it’s not.<
I like to rattle the cage about liberal politicians. I think people need to have their cages rattled. In fact, I think we go easy on most of the people in charge. That includes voters who voted for Obama because they were blinded to the truth about how awful he was. It really should have been obvious to everyone. He is who we said he was.
Whether it is called General Lee Highway, as in Virginia, or Molly Pitcher Highway, as in Pennsylvania, the lives and economic strain along U.S. Route 11 tell of a country’s disappointment with Washington – specifically, with President Obama.
You’re probably familiar with Barack Obama’s well documented intentions to “spread the wealth around.” In a discussion about his vision for economic recovery back during the campaign of 2008, he expressed that intention using those precise words
Remember when every Ron Burgundy out there was giddy as a schoolgirl telling us that Egyptian “freedom fighters” were getting rid of that old meanie Mubarak and were headed for a “democracy” in the land of Pharaoh? I sure do.
As Texas governor, GOP presidential hopeful Rick Perry has presided over 234 executions. It's a record number, which, The Washington Post reported last week, bestows on Perry "a law-and-order credential that none of his competitors can match -- even if they wanted to."
In 1989, a Waukegan, Ill., woman was raped after three men invaded her apartment. She told police the rapist had a tattoo, wore an earring in a pierced ear and spoke English. Two days later, the cops took her to an office and said, "Watch the one sitting on the chair."
Depending on precisely how the proposal is implemented, the effect may be to take poor performing loans off the balance sheets of banks and hedge funds and dump the risks squarely on the backs of taxpayers via Fannie and Freddie.
On the first night of the so-called “Arab Spring” in Egypt, I sat for three hours at a desk at CNN (video at the end of the article). That night, I did my best to convince an inexperienced, and not very knowledgeable young anchor that this was not the kind of democracy that he and all those in the liberal Western press were making it out to be.