A few weeks back, the Christian Science Monitor asked me to write an op-ed. The subject was, “If the Tea Party ran America, how would things change; and why do you think you’ll win?” The call was my opportunity to break from the easy, unassailable position that things are bad and getting worse. It meant… [Read more…]
Hillary Clinton opened her mouth this week—the same mouth that she insisted on opening during the campaign, resulting in our most corrupt and juvenile president ever.
So says Yale economist Nouriel Roubini in an interview today on CNBC. “There are some parts of the global economy that are now at the risk of a double-dip recession,” said Roubini, head of Roubini Global Economics. “From here on I see things getting worse.” Roubini’s comments came in response to a 376 point drop… [Read more…]
I realize that most people aren’t reading political insider blogs at 4:30 in the morning. But something in this story bothers me: But there’s also one big reason why the Democrats may just pull it out- and why Republicans may not have as big an election year as we’re anticipating. And that’s because only 26%… [Read more…]
Rep. Michele Bachmann (R-MN) Please join Ensuring Liberty tonight (Tuesday) at 8:00 EDT (7:00 Central, 5 Pacific) for a virtual townhall with Congresswoman Michele Bachmann to discuss the disasterous implications of the Dodd Financial Reform Bill. Tuesday, May 11, 2010 at 8:00 PM Eastern URL and Logon details will be sent in a follow up… [Read more…]
Break out the Depression Glasses to toast the Obama Administration’s latest foray into economic disaster. Just posted on WSJ.com: BREAKING: The Federal Reserve and other central banks open a credit line to send dollars to Europe to ease debt crisis. Yes, folks. Your taxes are going up, your kids are going deeper into debt, to… [Read more…]
WSJ.com Alert: S&P downgrades Spain to ‘AA’ with a negative outlook, saying the country is likely to have an extended period of subdued economic growth. Markets react: DJIA plummets from +23 to –22 in seconds after S&P drops Spain’s debt rating. And the sovereign debt nightmare is only beginning. The UK is next. But the… [Read more…]
As I waited to appear on Larry Kudlow’s show last Friday, I heard Larry announce over and over again that he’s sick of hearing about Greece’s problems. Greece isn’t America. The U.S. economy is booming, and Greece can’t hurt it. I didn’t tell Larry, but I think he was wrong. Greece’s problems will hurt the… [Read more…]
You should be, too. The tally of continuing claims, or benefits drawn by workers for more than one week, fell 148,000 to 6,687,000, the first weekly decline since the week ended Jan. 3 and largest since Nov. 24, 2001. (wsj.com) That would be good news, but only if a) it’s true, and b) 148,000 more… [Read more…]
The mounting government debt–$2.98 trillion in recent bailouts and stimuli alone–is an oppressive anchor around the neck of every American. Currently, every family of 3 is obliged to pay over $118,000 in the next 30 years. That’s a house payment with a variable-rate. In other words, the government has done exactly what helped cause the… [Read more…]
Rasmussen’s weekly report shows the Tea Party message of limited government and lower taxes is hitting home with voters. Tax Cuts: More voters than ever now say tax cuts help the economy. Over 60 percent now agree with JFK, Reagan, Bush, and the undeniable facts of economic history: cutting taxes increases GDP and personal wealth.… [Read more…]
May 30, 2010
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