Category: Economy

Economy

Don’t Blink (you’ll miss the recovery)

The stock market reacted mildly to some devastating economic news today.  In fact, the stock market appears to be in denial about the state of America’s economy.  Existing home sales fell in May.  As of this morning, economists expected a six percent increase.  Economists expect new home sales to be worse than existing home sales. …

Economy, election, Limited Government, Politics

What Are We For?

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 …

Action, Economy, Limited Government, Politics

30 Minute Town Hall with Michele Bachmann is Tuesday Night

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 …

Economy

Terrific: U.S. Pumping $$ into European Economic Abyss

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 …

Economy

Debt Crisis: Greece, Portugal, Spain . . . ?

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 …

Economy, Limited Government

Why Focus on Government Spending?

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 …

Economy, Tea Party News

Obama Approval Down to +4; More Call Him “Extremely Liberal”

The latest Rasmussen poll has bad news for Obama, good news for those of us who’ve been warning America how dangerous he is. Highlights: The number of people calling Obama “extremely liberal” has jumped 16 percentage points since the inauguration Those expecting government spending to skyrocket is up to 72 percent from 54 percent on …

Economy, Politics, Tea Party News

Precarious Imbalance

There’s some sort of kid’s trick in which a spoon balances improbably—seemingly impossibly—on someone’s nose.  Or something. You’ve seen it, haven’t you? Of course, it only works while you hold your head up straight. That’s America today.  In the leadership vacuum created when the left eviscerated George W. Bush in 2006, America’s precarious imbalance seems …

Economy

Democrats led by Barney Frank caused the economic meltdown

The current economic mess is a gift of the DNC.  Massechusetts Congressman Barney Frank (D) bears the lion’s share of guilt.  Charles Schumer (D-NY), Maxine Waters (D-CA), and William Clay (D-MO) rank near the top of the list. Please direct appropriate correspondence toward them. And if you’re having financial troubles, please ask them to pay …