Tag Archives: recession

Possible Shift in Power for Virginia Senate – Vote Today

The State of Virginia has some very important elections today as the balance of power could shift dramatically with a GOP take over of the state’s Senate.  Governor Bob McDonnell has a split congress in the Commonwealth as it stands now, with Democrats holding the majority in Virginia’s upper house and Republicans controlling the lower… Read More »

Is President Obama Pushing Us Into a Double Dip Recession? History Says YES

President Obama’s approval ratings among American voters have been dropping to historic lows as he heads into the third year of his first, and only term, as President of The United States. Electoral history backs up that last statement, in the fact that no incumbent President has ever been reelected with our current stubbornly high… Read More »

The Jobs Speech: Same Proposals Will Equal Same Results

President Obama gave his much anticipated speech on jobs (links to full text and video below). While many were looking forward to some plan from the leader of the country, and his supporters were glad to have something to justify their reverence for the man they will vote for next year, the speech falls incredibly short when… Read More »

Presidential Speech Tonight – No Crystal Ball Needed

Tonight the President of the United States will appear before a joint session of Congress to give a speech on what he considers important issues facing America today. With the exception of the State of the Union Address, which is required by the Constitution itself, presidential speeches to a joint assembly are usually reserved for… Read More »

U.S. Economic Growth to Fall Sharply Due to Uncertain Policies

SAN FRANCISCO and LONDON, Aug. 26, 2011 /PRNewswire/ — Economic growth in the U.S. over the next 12 months is expected to decline to around 2.0 percent, significantly lower than the 3.1 percent predicted as late as June 2011, according to the proprietary macroeconomic model of Mellon Capital Management, part of BNY Mellon Asset Management.    The slower growth expectation… Read More »

Charity Defined

We continually hear the liberal left rant that the Conservatives want to take food out of the mouths of children and throw grandma off the cliff. Liberals refuse to understand and/or accept the fact that their definition of “charity” is not at all what charity truly is. Let’s look at a hypothetical situation. If I… Read More »

High Inflation and Low Investment Hampers Recovery

LONDON, July 27, 2011/PRNewswire/ —  Rising inflation and flat investment have kept the world’s economic recovery stuck in reverse, the latest Global Economic Conditions survey from ACCA (the Association of Chartered Certified Accountants) has shown. Of the 2,186 ACCA members surveyed between 16 May and 6 June 2011, only 26% reported increased confidence, down from… Read More »

Debt-o-crats Are Spending U.S. Into Depression

Should the U.S. government, which has amassed a staggering debt of $14.5 trillion (about $4 trillion of that since President Obama took office), increase its debt limit? The question ought to be rhetorical; $47,000 per citizen is quite enough, thank you. Polls indicate that many voters don’t fully understand the ongoing debt ceiling debate, but… Read More »

Study Reveals Impact of Real Estate ‘Shadow Inventory’ on Recovery

ATLANTA, June 30, 2011 /PRNewswire/ — Despite steady gains in key industry sectors, the nation’s housing market continues to exert pressure on the overall rate of economic recovery. While financial conditions across multiple financial sectors suggest economic stabilization and growth, delinquencies still exceed pre-recession levels due to continued turbulence in the mortgage marketplace, according to Equifax (NYSE: EFX)… Read More »