Here are some simple facts that are far too complicated for a PhD like Fed chairman Ben Bernanke to figure out.
Because President Obama would really rather not be held accountable for the low rate of employment that has come to characterize the U.S. economy under his presidency (see the chart below for the period since 01/09), it is likely that he will point to two of his favorite union-approved economic bogeymen in another attempt to avoid having the focus of blame fall upon himself: banks "that won't lend" and businesses "that hoard cash."
The Zambada legal team’s July 29 motion caused quite a stir by claiming that the U.S. government had cut a deal with the Sinaloa Federation via the group’s lawyer, Humberto Loya Castro, in which El Chapo and El Mayo would provide intelligence to the U.S. government regarding rival cartels. In exchange, the U.S. government would not interfere in Sinaloa’s drug trafficking.
The recent Jimmy Hoffa expletives towards the Tea Party have spawned a new mantra on Facebook: Don’t use UPS because they hire Teamsters. Use FedEx which doesn’t use union workers.
I guess zero job growth and a 9 point whatever-it-is-today unemployment rate is considered recovery at 1600 Pennsylvania Avenue. I and most people I know would consider that hovering somewhere between anemic and oh-my-god-we’re-all-going-to-die status.
At this point, for all its mistakes and errors — common to all wars — the United States has achieved its primary mission. There have been no more concerted terrorist attacks against the United States. Now it is time to resume history.
If my staunch Democratic family, friends, and leaders of bygone days were alive to see how their party has been hijacked by Barack Obama, Maxine Waters, James Hoffa, and Debbie Wasserman Schultz, they would be truly appalled.
Former Massachusetts Governor Mitt Romney joined me in Las Vegas yesterday to discuss his new jobs and economic plan. He also shared some thoughts on his new Republican rival, Texas Governor Rick Perry.
Obama wants to create jobs via stimulus measures. It's a fool's mission. Stimulus plans that do not fix the structural problems are as productive as pissing in the wind. Then when the stimulus dies, which it is guaranteed to do, a mountain of debt remains.
California was just in the news for a really bad reason: the state is facing a historically low level of employment. By contrast, Texas has perhaps the second-best overall jobs picture in the entire nation. Let's look at why.
The only tax increase that’s going to save us is one that comes from a vibrant, job-creating private sector that’s growing government revenues because the economy is healthy. Unless Obama takes his foot of the neck of energy, this economy is going to sputter.
Where is the compromise between the Keynesian big government views of the Obama administration and the Democrats, and the Classical economic small government views of the Tea Party? It has been proven that no infrastructure projects touted by government post stimulus were shovel ready. The multiplier effect of government spending on GDP is zero.
No it's not a hypothetical study. I have used the model to keep myself on the right side of the markets since 1991, and it is largely responsible for my KPMG audited track record which contains a number of years where my returns were in triple digit territory, or above +100%.
Should Wasserman-Schultz repudiate or embrace the Coalition of the Whacky? I mean it’s one thing for private Tea Party members to vent some spleen at elected officials at rallies. It’s a whole other thing for someone named Hoffa as head of the Teamsters union to be talking about taking people out.
If they ever sat down and honestly talked with a Tea Party member, they still would not grasp the message of the Tea Party. If they ever met on honest terms, the people on the street who advocate the responsible use of fossil fuels they still could not amend their position one iota.
The only change since September 2008 is that things have gotten worse. Our federal government is closer to bankruptcy, as are many of our states, counties, and cities.
Are you serious? Yes, you should pitch in and pay the sales tax! It’s not like he’s 15 or 20. This kid is just five years old, and he’s a financial rock star. I think we can cut him a little slack on this one.
Writing about her under expectations for Obama's jobs speech this week, Dowd implies she is now among the vast majority of Americans who "may no longer have faith that he's a smarty-pants who can fix the economy."
Ben Bernanke, Hank Paulson, Tim Geithner, Larry Summers, and a parade of bankers and ex-Goldman employees all said this had to be done to spur lending. It was a lie.
We think it will take dramatic action in Europe to break the downward spiral. On its present course, the risks have increased substantially of major European bank failures or nationalization, a European recession and a breakdown of the euro.
I’m sure, since it’s in Chicago AND Obama's there-big fish, bad smell- one way or another the night will be tax-deductible for the royalty who can afford to shell out that kind of coin. That way the Dukes and Duchesses of boardrooms from L.A. and NYC can stop worrying about denying jobs to regular Americans in order that their solar farm investments can finally pay off.
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