Obama has demonstrated zero flexibility on his insistence that higher tax rates for the wealthy kick in on January 1, 2013. To those familiar with “progressive” modus operandi, it is not surprising that the White House and their “progressive” political allies envision Medicare and other “entitlement” savings happening ten to twenty years from now. This [...]
With events scheduled for in the White House and on the road, Barack Obama is back on the campaign trail spreading his message, with the clear and obvious intent of pressuring Congress into agreeing to his “fiscal cliff” terms. While he will make claims to a willingness to listen to all ideas and negotiate with [...]
Following the re-election of Barack Obama, the rhetoric coming from Capitol Hill concerning the “Fiscal Cliff” has been extremely high, but what’s all of the commotion really about? The Fiscal Cliff is a series of automatic spending cuts to all levels of the federal bureaucracy (mostly defense) in addition to automatic tax increases. You may [...]
11/25/12 Finally, the Democrats bring race into Benghazi. Racists everywhere! And it’s that time of year again: the war on Christmas is in full swing. Also, should Republicans bend to Obama’s demands and let the country go off the fiscal cliff, or fight it? Tune in tonight at 10pm ET/7pm Pacific on the CDNews Network on Blogtalk [...]
The feds aren’t alone in dealing with budgets this time of year. Although “dealing” is somewhat generous, since Uncle Sam doesn’t have to balance his. Congress and the President are content to blame unforeseen circumstances — George Bush, climate change or a spontaneous reaction to an anti–Mohammed video — for causing deficit spending, while they [...]
Wal-Mart Stores Inc. moved its planned dividend into late December from early January to help its investors avoid a possible jump in taxes on shareholder payouts, which is part of the so-called ‘fiscal cliff.’ In the face of looming cuts scheduled to occur January 1st and the possible ensuing tax rate changes, this decision by [...]
Mainstream media outlets are now warning of the United States’ impending “fiscal cliff” after months of vigorous investigative journalism and heated legal battles forced the Obama administration to grant a Freedom of Information Act (FOIA) request for documents detailing federal budget projections. The subject documents, which have been publicly available through the Congressional Budget Office’s [...]
Today in remarks on the economy, President Obama used softer words to spread the same message – taxes should go up only on those making $200,000 or more while making a veiled reference to Democrats having a mandate after Tuesday’s election. Obama’s drew a line in the sand on tax policy. The President said “I [...]
FRIDAY 10:30 AM. The graph is obvious. Three days after the reelection of Barack Obama the stock market is still reeling. The media is blaming it on European challenges and a built in cushion because so many expected Romney to win the election. Pad it as they may, the stock market is now facing the [...]
An economic analyst invited by the State Department to brief a group of foreign journalists on the U.S. economy. Her presentation included a forecast of the US economy for the next few years. Her prediction–not so good. Without a plan to change direction of the spending she expects that another downgrade of the United States [...]
More than not, it seems as though the Washington Post is from another country – if not another planet. In proposing a solution to the “fiscal cliff”, Washington Post writer Zachary Goldfarb proposes that the White House should take unilateral action and assert broad powers to re-arrange tax and fiscal policy – all from the [...]
The last week has brought some incredible news to light about the terrorist attack in Benghazi, showed us that many of the battleground polls being cited are weighted wrong, saw Mitt Romney’s momentum accelerate and taught us that voting for the President is like sex.. or something. Benghazi and the Obama Administration The murder of [...]
By now we’ve all heard the popular #FireDebbie meme, and conservatives and Libertarians alike long for the day when Congresswoman Debbie Wasserman Schultz (D-FL) no longer sits before us as a spokesperson for the Obama administration…but what do you know about the woman who just might make that happen? Karen Harrington, businesswoman with a 30-year [...]
In a comuniqué from the I.M.F. at the conclusion of it’s twenty-sixth meeting, the International Financial and Monetary Committee (IFMC) said that global growth is slowing and “substantial downside risks remain” while pleading with U.S. leadership to resolve it’s debt crisis sooner, rather than later. The policy-setting body of the I.M.F., the I.F.M.C, said that [...]
“The responsible thing is to fix this problem now and not leave the Defense Department in turmoil. They won’t even send an answer to Sen. Thune and I and McCain’s request for where the cuts are going to occur.” WASHINGTON, September 13—Sen. Sessions joined Sens. John Thune, John McCain, and Kelly Ayotte today on the [...]
