Conservative Daily News - The best news, analysis and opinion articles written by a collection of citizen journalists. Covering a range of important topics in blogs, op-ed, and news posts, these upstanding patriots are bringing back American exceptionalism with every entry..

Category: Money

The Economy: National Review and de Rugy promote suicidal “free trade” policies, attack Ex-Im

Last month, the National Review’s pseudoconservative editors (who, BTW, supported John McCain for reelection in 2010) and NRO blogger Veronique de Rugy (a scholar at the GMU’s Mercatus Center) launched another idiotic, ignorant attack on the Export-Import Bank and on the Boeing company (one of the Bank’s beneficiaries). Why the Ex-Im Bank is needed, and […]

Federal Debt and A Bad Law (FATCA) May Collapse the Dollar

Federal Debt and A Bad Law (FATCA) May Collapse the Dollar

All of us have experienced the merciless effects of the “law of unintended consequences” at one time or another. We do something that we think is good or proactive, only to discover that there are negative effects produced as byproducts of our good intent. The creation of an unanticipated pejorative result from purposeful action is […]

Obama failures

Conservatism Contrasted with Obama’s Policy Failures

Conservatives have, from the beginning of his candidacy for the presidency seven years ago, been critical of our sitting president. It has nothing to do, contrary to some sophist’s convictions, with the color of his skin. And our criticisms are not ad hominem for they aren’t against him personally, but against his policies and what […]

Wal-mart misses on sales and earnings

What today’s economic news tells us about the ‘recovery’

Listening to the President, his administration, some in Congress and several news reports, many would say the economy is recovering slowly but gaining traction. Seeing the economic data released today may reveal a somewhat more real reality. The unemployment figures released this morning seem promising, but only in a vacuum. Claims dropped 24,000 to a seasonally-adjusted […]

How Britain Achieved – And Lost – Economic Preeminence – And Lessons For The US

In the mid-19th century, and in the first few decades afterwards, Britain was an unmatched military, economic, colonial, and thus geopolitical colossus, by far the most powerful country in the world. There was no country that was even close to matching the military or economic power of Britain, which had the largest empire in the […]

Whose party platform is it?

Today is May 1st, also called the “International Workers’ Day”, a communist feast par excellence, celebrated by communists and socialists, indeed by Leftists of all stripes, around the world. So I would like to ask you, Dear Readers, if you can recognize which socialist party had the following platform? Whose party platform is it? (No […]

Stop Maligning the Export-Import Bank. America Needs It.

Recently, pseudoconservative Sen. Mike Lee (R-UT) and a few of his Congressional chums, along with the neoconservative Heritage Foundation, have resumed their utterly misguided and dishonest propaganda campaign against the Export-Import Bank, maligning it with a litany of lies. Furthermore, because the Bank’s 2-year operating authorization is set to expire soon, Lee and his fellow […]

Rand Paul is the one distorting Reagan’s foreign policy

  Ronald Reagan was such a successful President – especially in the foreign policy realm – that virtually all Republicans today want to project themselves as the next Reagan and claim that their foreign policy is the same as Reagan’s in order to woo national security oriented voters. One such politician is Sen. Rand Paul […]

The Good and Bad News About The FY2015 Defense Budget

This week, the DOD formally submitted to Congress its proposal of the FY2015 defense budget. The base defense budget would amount to $496 bn, and there would be a roughly $80 bn war supplemental for the final year of the Afghan war, thus bringing the total to around $580 bn, i.e. less than 4% of […]

What Western powers should do in response to Russia's aggression

What Western powers should do in response to Russia’s aggression

  The Russian aggression against Ukraine, initiated by President Vladimir Putin, has surprised many but not me, and should have surprised no one. It is simply an inevitable consequence of the West, and especially America’s, shameless appeasement policy towards Russia combined with a long-running policy of unilateral disarmament (while Russia, under Vladimir Putin, has been […]

Apple stock drops

Apple’s Stock drops on underperforming iPhone Sales

Apple announced earnings today and it wasn’t what analysts had expected to hear – the tech giant missed expectations and gave lower future guidance. Apple sold 51 million iPhones during the last quarter vs. analysts expectations of 55 million units. The company also announced that it expects to bring in $42-44 billion in revenues. Analysts […]

CNN spins Obama's failures on the economy .. again

CNN spins Obama’s failures on the economy .. again

CNN.com’s Annalyn Kurtz starts out her article with a strong headline that plants the blame for a floundering economy squarely where it belongs, but then arranges factors and symptoms in an odd order to soften the blow. The emboldened headlining paragraph reads: Five years into his presidency, Barack Obama is still falling short of his […]

Shock: EPA Administrator Pushes Job-Crushing Climate Regs But Is Incapable Of Supporting President’s Warming Claims

Shock: EPA Administrator Pushes Job-Crushing Climate Regs But Is Incapable Of Supporting President’s Warming Claims

In a hearing yesterday on climate regulation, Senator Sessions pressed EPA administrator Gina McCarthy to support the President’s statements on warming which are used to justify massive proposed administrative actions which would hurt millions of workers. McCarthy proved unable and unwilling to support the President’s claims despite being the central figure crafting and implementing EPA […]

Latest Jobs Report 'Very Bad'

Latest Jobs Report ‘Very Bad’

Directly contradicting President Obama’s claim yesterday that the recovery is “very real”, the latest jobs numbers show an employment situation that even White House friendly MSNBC had to call “ugly” and “very bad.” From a political perspective, there is a silver lining – the unemployment rate, which most news outlets report on, dropped to 6.7% […]

American Capitalism & The Illusion of Laissez Faire

To draw from an opening phrase, in the beginning, there was capitalism. More accurately, at the beginning of our Constitutional Republic, government was committed to limiting – drastically – it’s footprint in the new American marketplace. Americans were free from the tyranny of government interference leveled at the former colonists at the hand of King […]