There is nothing so likely to produce peace as to be well prepared to meet the enemy.
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That’s the headline. That’s pretty much the meat of the story. Timothy Geithner thinks Obama won’t re-appoint him. I think he’s giving Obama too much credit. I don’t think Obama could care less whether he stays or goes. The position is moot under Obama. Obama has one economic philosophy, tax the rich and give it [...]
This is Tom Vilsack: This guy is exactly what’s wrong with the federal government today. He is the Agriculture Secretary. He is in charge of the food stamp programs. That includes WIC too. Now, he saw this data: That is the number of people on food stamps. It has basically increased every single month since [...]
On Friday ( 6/4/2011 ), the Whitehouse uploaded a video of President Obama touting his economic policies in Toledo, Ohio. He cited the success of the local plant and how it was supporting other businesses like New Chet’s. ( Skip to 3:40 if you don’t want to listen to the whole thing. ) Five days [...]
A few days ago President Obama delivered his vision of the 2012 budget. It was less than well received: The Republicans, as expected, weren’t too pleased with it either. Here it is if you want to watch it before discussing any further: Now, the main gripe was, as per the norm with Obama, it had [...]
While employment still failed to gain any traction, businesses increased their inventories and invested in infrastructure. Usually when businesses invest heavily, you get employment. This time however, it all came from overseas by way of imports, which surged 28%. The reason is simple, it’s so much cheaper to buy overseas than it is to try [...]
A few months or so ago, Obama hit the beach and started delivering his “economy is recovering, but not enough” message. Some think this was in response to the rather catastrophic forecast of the first Tuesday in November. Personally, I do. “It’s the economy, stupid.” Simple message, hard to debate. The message then was that [...]
Two interesting charts. Two interesting facts. That is how the M3 Money Supply has fared under Obama. Pretty brutal huh? I’m sure Obama has a whole slew of network talking heads and Cabinet members lined up to blame it on Bush. But, the second chart to me is even more intereseting: Never in [...]
A full year into Obama‘s four year term, he’s still passing the buck: “Today’s report from C.B.O. confirms that the recession inherited from the Bush Administration continues to erode the budget’s bottom line,” said Representative John M. Spratt Jr., the Democrat of South Carolina who is chairman of the House Budget Committee. From the start [...]
Over and over and over, President Obama has reminded us that he inherited this economic mess we’ve got now. “By any measure,” he said during a March 4 event calling for government-contracting reform, “my administration has inherited a fiscal disaster.” The two chief architects of his “fiscal disaster” would be the person who decides which [...]
I love Snopes.com. No telling what you’ll find there. Humor, movies, sports, paranormal, extra-terrestrial, politics, you name it, it’s there. One of today’s stories involve an opinion piece written by Charley Reese in 1985. Politicians, as I have often said, are the only people in the world who create problems and then campaign against them. [...]
