Disability is serving as a backstop to unemployment insurance for the Obama administration. When unemployment insurance runs out, the unemployed are using disability insurance by claiming “’difficult-to- verify disorders,’” including muscle pain and mental illness.”
We now have a very high-profile tax expatriate. One of the founders of Facebook is escaping for Singapore.
In response to 2.2 Million Go On Disability Since Mid-2010; Fraud Explains Falling Unemployment Rate I received a nice email from Madeline Schnapp, Director, Macroeconomic Research at TrimTabs Investment Research.
In the chart, we see that those Age 55 and older would appear to have a near constant share of their population group having jobs
In the fall of 1983 in Moscow, we came in from the cold. Ending our tour of what was then the Soviet Union, a group of editorial writers from across the United States stepped on American soil for the first time in three weeks. Our reception that night was at the U.S. Embassy. We were free. Back home. Oh, Freedom!
We know the story well: Barack Obama was for same-sex “marriage” (1996) before he was against it (2004) before he was for it (2012), although in 2008, he was apparently for it and against it (although mainly against it).
When Detroit Public Schools were assigned an emergency financial manager by the state, we thought he would have the power to turn things around, more or less, with a snap of his fingers.
Who should be in charge of your health care – you, or the government? That, in a nutshell, is what the debate over Obamacare is about. True health care reform is needed. Unfortunately, the president’s signature law is the wrong medicine. Which is why, if the Supreme Court affirms that the law is unconstitutional and overturns it, we shouldn’t consider the problem solved. Not at all.
The election of Socialist Party candidate Francois Hollande to the presidency of France epitomizes the sorry state of contemporary democracy. By that, I don’t mean to imply that the French people should have voted for the incumbent, Nicolas Sarkozy. Neither would be capable of solving France’s intractable problems in a way acceptable to French voters, nor are the problems with democracy unique to France.
Unless you receive your internet via the mail or something, the news has no doubt hit your browser that Scottish researchers at St. Andrews University are postulating that dino gas was responsible for the end of the terrible lizards.
I've said for years that the mainstream media doesn't report the news...they report the news that fits their storyline. Well as Ronald Reagan might say, "There you go again." Tuesday was one of the darkest days in American political history for a sitting President. And, as usual, the biased mainstream media decided not to cover it.
On May 9, Barack Obama became the first sitting U.S. president to openly support a redefinition of marriage. By so doing, he demonstrated that he doesn’t understand the public purpose of marriage and that he isn’t beyond politicizing every institution—even sacred ones—for personal gain.
As much as most in Hollywood bow, kneel, and even weep in joy before their Messiah Barack Obama, they are not doing him any favors of late with the release and massive viewing of first, The Hunger Games and now, The Avengers.
WASHINGTON -- Last week, this column described a deadly suicide attack by the Haqqani network on a secure compound outside Kabul, Afghanistan, and the failure of NATO officials to heed human intelligence that might have saved lives. I wrote, "The intel provided included information on how to precisely locate the terrorists. When I asked why the attack wasn't prevented, I was told: 'It was HUMINT. Nobody pays attention to HUMINT.'"
When relationships go bad, an early warning sign is that one side doesn't really hear what the other is saying. That's certainly the case today in the relationship between voters and America's political class.
“Losing it” should be President Obama’s re-election slogan. In trying to clean up after loose lips Vice-President Joe Biden’s gay marriage fumble, President Obama looks like the master of an undisciplined operation that should be dubbed clueless in the White House.
When Joe Biden was selected by Barack Obama to be his Vice Presidential running mate I was thrilled. I thought "If Obama wins, Biden's propensity to trip over his own tongue will provide enough material to write two columns a week." I would only have to earn the third column. For the most part, darn it, Biden has behaved himself and hasn't been the loose-lipped fool he has been since he was first elected to the U.S. Senate from Delaware when he was 29 years old.Biden made up for all of that this past weekend when he proclaimed his support for gay marriage on "Meet the Press".
Sometimes a trivial embarrassment can become a teachable moment. It was recently revealed that Harvard professor and U.S. Senate candidate Elizabeth Warren had self-identified as a Native American for nearly a decade -- apparently to enhance her academic career by claiming minority status. Warren, a blond multimillionaire, could not substantiate her claim of 1/32 Cherokee heritage.
While the White House and its media water-carriers try to distract the American public with gay-marriage talk and half-century-old tales of Mitt Romney's prep school pranks, the inconvenient truth remains: President Obama is responsible for perpetrating jaw-dropping, job-killing scientific fraud.
C.S. Lewis was one of the most brilliant writers who ever set pen to paper. He was an insightful thinker, had remarkable common sense, and there may not have been anyone in the last century who was a better writer about the Christian faith and the human condition.
For most of 2012, President Obama has been running in the Democratic primary. I know that seems odd given that he's essentially running unopposed. Though don't tell that to West Virginia Democrats, who cast nearly half of their votes for Keith Judd, an inmate currently serving time in a Texarkana, Texas, prison.
Two very important things happened in politics this week. First, the elections underscored just how fed up mainstream America is with extreme liberalism. Second, President Obama, with his formal endorsement of same-sex marriage, is openly casting his lot with his extremist base.
Principled or calculating or a bit of both, President Obama's choice on gay marriage is a bet on the political future -- a wager on the views and values of the millennial generation making its long march through American institutions.
President Obama sent a warmed-over, five-point "to-do list" to Congress this week that he said will create jobs and spur growth.
Every year, investors around the world anxiously wait to hear what the world's most prolific investor has to say about what lies ahead... this year was no exception.
Telling you what a stock has already done isn't going to make you a better investor... or make you money. That's why I want to tell you why it's been so successful. This way you can find similar investments of your own, buy them, and hopefully make triple-digit profits as well.
Unemployment is still in excess of 8% even with the government's goofy math. Real unemployment exceeds 14%. Millions of Americans have been out of work for record lengths of time. Hundreds of billions of fiscal stimulus and trillions of dollars in printed money have failed to revive the economy.
If you had to scratch out a tax check this year or are curious as to where that amount in the mysterious “FICA” box goes, take a blood pressure pill (or get a prescription for some) and allow me to enlighten you as to how your money is being spent.
Obama continues dancing around the countryside telling us we are headed in the right direction, that there’s still work to do, and that’s why you should vote to give him another term. That’s like Captain Francesco Schettino asking the folks who survived the Costa Concordia if they’d like another boat ride.
President Obama is a thorough-going man of the left obsessed with power and thus in re-election, so his decision Wednesday to declare for same sex marriage is hardly a surprise.
For sayeth Obama, the great Law Giver, Provider of Healthcare and Constitutional Tax Lawyer: “Let the spending of the fathers be visited upon the children to the third our fourth generation. Note: See box 5 of the instruction sheet that comes with IRS Form 433-B revision 0108. Failure to follow complete instructions may result in the delay of account resolution to future generations.”
Just as the political air is filled with talk of the inevitability of Barack Obama's re-election -- we are told that the kids at his Chicago headquarters are brimming with confidence -- in come some poll numbers showing him behind.
Part of the problem is that the debate in Europe is a no-win exercise, pitting proponents of higher taxes (which is largely how Europe’s political elite defines “austerity”) against proponents of higher spending (notwithstanding a long track record of failure, the Keynesians have come out of woodwork and are claiming that bigger government stimulates “growth”).
Compared to November 2007, when the total employment level in the United States peaked just before the peak in economic expansion marking the beginning of recession in the following month, there are 4,730,000 fewer individuals being counted with jobs as of April 2012.
The rejection of the Keystone pipeline quickly became a 2012 presidential campaign issue and the poster-child for Obama's opponents who charge he has the "most anti-oil-and-gas record in U.S. history." Mitt Romney has pledged "I will build that pipeline if I have to myself!"
My daughter Grace put our video recorder on a tri-pod, pointed it at me, and turned it on. Over the course of a couple of days and five or six sessions, we covered everything from productivity, growth, and inflation to demographics, integration of the economy with capital markets and even international economics.
Britain's rise to its once-extraordinary power represented an unintended gift from Napoleon. It had global ambitions before the Napoleonic Wars, but its defeat in North America and competition with other European navies meant Britain was by no means assured pre-eminence.
I'm about to graduate from college and have landed my first job. It doesn't pay a lot, but it's in my field. From a financial perspective, what are my first moves?
These stocks have been under heavy pressure in recent weeks and are falling anew, leaving them -- at least in the context of recent trading patterns and valuation sentiments -- quite cheap.
Elizabeth Warren, who also goes by her Indian name, "Lies on Race Box," is in big heap-um trouble. The earnest, reform-minded liberal running for Senate against Scott Brown, R-Mass., lied about being part-Cherokee to get a job at Harvard.
This week, Vice President Joe Biden and Secretary of Education Arne Duncan essentially endorsed same-sex marriage. The Obama campaign, however, wary of minority and blue-collar voters, promptly announced that President Obama was against same-sex marriage -- sort of -- but that his position was "evolving."
SHIN DONG-HYUK grew up in North Korea's Camp 14, one of the monstrous slave-labor prison complexes in which the world's most tyrannical regime has crushed hundreds of thousands of its citizens, working them to death in conditions of excruciating brutality and degradation. Though the North Korean concentration camps have lasted far longer than their Soviet or Nazi counterparts did, Shin is the first person born and raised in one of them to have successfully escaped abroad.
With six months until Election Day, conspiracy theories are percolating on the Internet like bubbling mud pots at Yellowstone: Left-wing billionaire George Soros is going to rig the election for Barack Obama. Foreigners will oversee the nation's entire vote-counting system. The fix is in, and all is lost.
MSNBC's Chris Matthews, in a recent debate with former Republican National Chairman Michael Steele, called the Republican Party the "grand wizard crowd." Grand wizard is the title given to the leader of the Ku Klux Klan. It is truly misinformed to call Republicans the party of the Klan. Throughout our history, most Klansmen and most racists have been Democrats. Here are a few racist quotes from major Democratic figures.
Watching Newt Gingrich's graceful and low-key withdrawal from the presidential race last week, it was hard not to think back to January in Columbia, S.C., when he drew a wall-to-wall, fired-up crowd to celebrate his blowout victory in that state's primary.
Going through ideological miasma on the Roosevelt Institute’s and the Campus Network’s websites, it’s hard to understand how any real Republican could have signed up with a lefty group while expecting to hold on to the nomination for US Senate from his supposedly conservative party.
The New York Times really loathes Rupert Murdoch. The Gray Lady almost achieved nirvana on the front page the other day when a group of laborites in the British Parliament asserted in a "damning report" that Murdoch was "not fit" for major media ownership. Bill Keller, recently the paper's executive editor, devoted his latest column to Fox News with the headline "Murdoch's Pride Is America's Poison."
In terms of the president’s signature achievements, the taxes, regulations, and mandates attached to Obamacare have been job-hiring inhibitors for both large and small businesses. And the $850 billion stimulus package simply has not worked. Obama doesn’t even mention these in his campaign speeches.
Since I’m a big fan of nations lowering taxes and reducing the burden of government spending, I would like to see the pro-tax hike and the pro-spending sides both lose (wasn’t that Kissinger’s attitude about the Iran-Iraq war?). Indeed, this is why I put together this matrix, to show that there is an alternative approach.
If Mitt Romney succeeds in his quest for the presidency, the media will focus on his status as the first Mormon in the White House. But it’s even more significant that he’d represent the last of another controversial cohort: the final Baby Boomer to occupy the Oval Office, or even to top the ticket of a major political party.
Now that Mitt Romney is the presumptive Republican nominee for president, the left is increasing its attacks on his Mormon religion, hoping to distract voters into focusing on perceived negatives about Mormonism. The latest attack is shrewdly done. Instead of directly attacking Mormonism, which could look bad, the left is claiming that Mormonism is really socialist.
Head Start, a preschool program for low-income kids has been a spectacular success, not for kids, but for teachers and teachers' unions.
The 23-year-old photograph is a stunning record of Chinese courage past and an insight into China's present political turmoil. Unless China's government chooses liberty and just law over tyranny and crony corruption, the picture prefigures a bloody future history.
Mike Lee, U.S. Senator from Utah, recently sponsored a bill entitled the “Federal Reserve Modernization Act.” It is the counterpart to Rep. Kevin Brady’s Sound Dollar Act of 2012 (which enjoys 35 House cosponsors and, of equal note, already is drawing liberal fire). The Brady/Lee legislation represents an important first step forward to restoring good money to America: money that can provide a foundation for prosperity with equity, security, and, of at least equal importance, constitutional integrity.
Roughly two months ago, I cited three distinct economic indicators that can give a read into the changing economy. The subsequent data points are surely sobering.
Last week, in an advertorial slideshow on ObamaForAmerica.com, the president’s re-election campaign introduced “The Life of Julia” about a fictional “everywoman” whose government-subsidized existence is intended to reassure women voters about President Obama’s ability to provide for them in an uncertain future.
"Prosperity theology is a false theology. . . . TBN has been a huge embarrassment to evangelical Christianity for decades." R. Albert Mohler Jr., President of the Southern Baptist Theological Seminary. It's a drama fit for reality television: Larger than life characters, familial infighting, private jets, mansions, pink poodles, and of course contentious litigation.
Russia has been on the path to resurgence since Putin won the presidency in 1999. He inherited a broken, weak and chaotic Russia. As Stratfor has noted over the years, Putin did not seek to re-create the Soviet Union. He is a student of geopolitics, and he understands Russia's constraints and the overreaching that led to the fall of the Soviet Union.
Due to ZIRP (zero interest rate policy), seniors, retirees, and pretty much any recipient of fixed income were forced to take risks never before contemplated.
In his weekly radio address on April 14, President Obama displayed his lifelong commitment to an ideological extremism of pure theory unhinged from reality. That failure of leadership is why America is in a scary downward slide that will not stop until fundamental change is made at the top.
Last week, I showed how the Republican Party likely would lose the presidential election in November if it were to use conventional campaign tactics. However, I also explained an unconventional strategy that could usher in victory for the GOP and our republic -- a tactic used by President Abraham Lincoln.
There's a reason it took the country so long to pull out of the Great Depression under FDR, why Americans became acquainted with the Misery Index under Carter, and why we've had the weakest economic recovery from a recession in U.S. history under Obama.
The "reform" policies the Obama administration has championed are doing exactly what they are supposed to do: namely, take the greatest economy in the history of the world- one based on a meritocracy- and turn it into a European-style mediocrity.
President Obama formally kicked off his re-election campaign in Richmond, Va., and Columbus, Ohio, Saturday, and his theme was certainly not, shall we say, "it's morning again in America" -- President Ronald Reagan's optimistic re-election slogan in 1984.
Even though he is a foolish statist, I wanted Francois Hollande to win the French presidency. Sarkozy was a statist as well, after all, and my “Richard Nixon Disinfectant Rule” says that it’s better to have the out-of-the-closet statist prevail in such contests in hopes that the supposedly right-of-center party can then regroup and offer voters a true choice in the next election.
If you want to understand what's wrong with Europe, look no further than the elction strategy in Greece.
The abortion industry racks up profits by dumping expensive procedural complications on hospitals, legitimate physicians and the public. Many abortionists lack staff privileges at local hospitals, so when women having abortion complications go to an emergency room, the enormous costs are shifted to others.
How can we quote the Bible in support of our moral values when the Old Testament contains laws calling for the stoning of a woman who lost her virginity before marriage? Actually, based on biblical principles, both Judaism and Christianity teach that such laws are not for today.
All of the headwinds have taken their toll with investors. The latest survey from the American Association of Individual Investors (AAII) tallies just 27.6% of investors in the bull camp. That's the lowest reading in seven months.
The main reason the people of North Carolina should vote yes for the proposed marriage amendment in that state has everything to do with preventing improper state court activism and nothing to do with unmarried couples, their benefits, or allowing domestic violence to go unpunished.
Young Americans face tough times: Record-breaking youth unemployment—including for those with college degrees—and high levels of debt from student loans have left millions unable to live independently. They are living in Mom and Dad’s basement, putting off marriage and family, and are down-scaling their aspirations when they should be dreaming big.
Medicare was already on shaky financial ground before Obamacare. With $37 Trillion in unfunded liabilities, and a growing senior population, a plan that Lyndon Johnson promised would not exceed $10 Billion in the first 10 years of the program, now costs over 100 times that amount and threatens the financial stability of our country.
Former House Speaker Nancy Pelosi has made some unforgettable statements during her political career. Some of them have been laughable, while others have pushed the limits of believability—like her contention that the abortion coverage in ObamaCare will actually save lives. How can killing preborn children save lives?
Conservatives in Congress are fighting to undo mandatory cuts to defense spending, slated to bite in January. Called “the Sequester,” these automatic cuts would gut important Pentagon programs, undermining our national security. Even worse, these automatic cuts do not distinguish between wasteful and efficient spending due to their mechanistic nature.
Social Security Disability is a picture perfect program scam for the Obama administration. It allows Obama to say that unemployment is going down, while adding to the rolls of people who are dependent on some sort of Democrat-Party enabled government assistance.
Washington Post editorial writer and liberal blogger Jonathan Capehart is puzzled. Why does the "non-issue" of Harvard Law professor and Democratic Senate candidate Elizabeth Warren's Native American ancestry "require so much attention?" he asked last week.
Stealing from babies is easy and low. Microsoft co-founder Bill Gates makes himself feel powerful while negligently ripping off babies. I am a capitalist. I defend entrepreneurs. However, I think young people and their parents should know that Gates is a sham entrepreneur.
Too many of them care about enriching teacher unions, for instance, more than they care about educational opportunity for poor children.
Have you ever wondered how President Obama's budget can be unanimously defeated by both the House (414-0) and the Senate (97-0) and how the U.S. Senate can go three years without submitting or passing a single budget and yet government spending keeps exploding and the federal debt keeps growing?
This morning, unions with the blessing of the White House will send in the clowns of Occupy Wall Street. The group, which is being re-energized by leftists, will hold a "general strike" which is weird since they don't work in the first place.
I went looking for the most interesting mid-cap stocks right now. I focused on companies that exceeded first-quarter profit forecasts by at least 30% (with earnings of at least $0.25 per share). After a deeper look, a few stocks in the group appear especially appealing right now.
You know how actors have stuntmen to fill in for the real dangerous work? Liberals should have stuntmen for economic arguments. Because it’s becoming increasingly apparent that anytime a liberal gets into an economic argument, he just hurts himself.
Obama’s proposed class-warfare tax hikes, for instance, might pull in some extra loot for the political class to redistribute. But is it a good idea to give the politicians more money if the economy loses $5 of private output for every $1 of added tax revenue?
Since mid-2010, precisely at the time millions of US citizens used up all of their 99 week of unemployment insurance, disability claims have risen by 2.2 million.
President Barack Obama was entitled to a victory lap. In August 2007, then-Sen. Obama stuck out his neck when he said that there were terrorists holed up in the mountains of Pakistan and that he was willing to do something about it.
Anti-fraud efforts paltry for government.
The first use of the word Pandemonium was in 1667 in John Milton's "Paradise Lost." It is the name Milton gave to the capital of Hell that Satan and his fellow demons, vanquished from heaven, established as their base of operations.
Everybody knows that federal policymakers usually break prior deals on discretionary budget caps and agreed-to entitlement cuts. The dominance of Keynesian-minded policymakers and advisers in Washington these days further reduces the believability of any long-term budget deal that policymakers may come up with.
Well-meaning folks, including legislators, who oppose redefining marriage, yet support civil unions and domestic partnerships for same-sex couples, do so with the mistaken belief that both sides of the marriage debate will be satisfied with this apparent compromise.
As reported in today’s Financial Times, instead of pushing for an increase in the value-added tax, Italy will focus its next austerity measures on cutting government.
President Obama campaigned with the promise that he would slow the rise of the oceans and enact cap-and-trade legislation. Talk of manmade climate change was central to his election efforts. Now we know it will still be a part of the re-election rhetoric.
Jon Stewart Attempts to "Slay" Food Stamp Fraud Allegations; Misses Real Point | Christine Rousselle
Rand Paul on NSA: “I Believe What You Do on Your Cell Phone is None of Their Damn Business” | Daniel Doherty