Last year the economy crashed. Now, the stimulus has stimulated, the Federal Reserve has eased, Geihtner has.. well done whatever he does, and Obama has spoken (certainly that should have fixed everything). So how did we hit 9.8% unemployment since the stimulus was an emergency action that would keep unemployment from going over 8%, pumping massive amounts of liquidity into the economy should have loosened credit, little Timmy G. and Obama bought GM, AIG and Chrysler and they helped everyone buy a new car that wanted one? It must be that G.W. Bush must still be affecting the economy from his ranch in Texas…
Archive for October, 2009
President Obama has renewed his argument that we have to pass this legislation or his plan (whatever that is) because inaction is not an option. While most people agree that inaction is not an option, why is voting for the progressive’s tax-and-spend fiasco the only alternative to doing nothing? The conservatives in the House of […]
The last week has produced a euphoria in the market-place. The DOW has crossed (and again fallen below) this psychological barrier in the stock market. Many point at the crossing as a sign that the market is recovering. The DOW industrial index has gone from under 7,000 to 10,000 in the past several months and […]
I do not associate myself with a political party, because none of them represent my views. The Republicans are just as corrupt, mindless and manipulative as the Democrats. But what about you… the readers? Could America ever elect a true conservative. A true conservative would look to eliminate Social Security (over time of course), eliminate […]
The Wall Street Journal published an article by Eleanor Laise that highlights an increasing practice by employers. Taking more-and-more control of employee’s retirement accounts. “The greater employer control is a philosophical shift in 401(k)s and other defined-contribution plans, which held $3.5 trillion at the end of last year. The new, more-paternalistic approach, with employers making […]
In a Hot Air post by Ed Morrissey, we learned that Democrat strategists are concerned that without the record turnout from black voters that they enjoyed in 2008, they may be in for trouble. ACORN is just trying to survive and is in no condition to rig this one for them, so what is a […]
So much attention has been paid to H.R.3200 and the Baucus bill that the HELP bill has been largely ignored. Now this other Senate bill becomes very important.
The combination of federal efforts to combat the financial crisis coupled with mortgage assistance programs makes the taxpayer the ultimate guarantor of a large portion of home mortgages
The Obama administration has gone on the offensive claiming that Fox News is, “the research arm of the Republican party”.
Liberals would have everyone believe that there is consensus for the President’s plan and that Republicans in Congress are out-of-touch, have no ideas on health care, and are the “party of no”.
In the past few weeks several news stories purporting foreign actions against and for the dollar. Which is it?