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..

Tag: "recession"

Consumer Confidence Index Declines Again – Second Recession Probable

NEW YORK, June 28, 2011 — The Conference Board Consumer Confidence Index continued its multi-month decline in June. After having decreased to 61.7 in May the economic index hit 58.5 this month indicating that consumers are feeling the onset of a second, or double-dip, recession. Director of The Conference Board Consumer Research Center Lynn Franco said, “This month’s […]

Not Devoted Enough Time to Africa?

Michelle Obama set out on a week-long trip to Africa to spread goodwill – on the U.S. Taxpayers dime. Of course there is criticism with “extra” trips that this administration’s family has taken. The trip is provoking disappointment from Africa advocates who argue that President Obama, whose father was Kenyan, hasn’t devoted enough time to […]

Laughin’ It Up

Pack Your Bags, Obama Family!

Well, it seems as though the honeymoon may be over. In an interview with Ann Curry of NBC’s Today Show, Obama stated that the first family approves of a one-term presidency. HOLD ON! Don’t break out the champagne just yet. Obama has not given up entirely, but he very well might be facing the facts […]

National Home Prices Hit New Low in 2011

NEW YORK, May 31, 2011 /PRNewswire/ — Data through March 2011, released today by Standard & Poor’s for its S&P/Case-Shiller(1) Home Price Indices, the leading measure of U.S. home prices, show that the U.S. National Home Price Index declined by 4.2% in the first quarter of 2011, after having fallen 3.6% in the fourth quarter of 2010.  The […]

Years of Stimulus Fails to Create Jobs; 8 Weeks of Tax Cuts Gets it Done

Stimulus after stimulus program has been put in place by the Obama administration. Cash for clunkers, the GM/Chrysler/Union bail-outs, the actual 2009 economic stimulus bill, and on and on and on. As the  New American posted, it didn’t create much of anything in the private sector. Thomas Smith at Emory University, supported the stimulus package […]

Conference Board Indicator Ticks Up Fourth Consecutive Month

NEW YORK, Feb. 7, 2011 /PRNewswire/ – The Conference Board Employment Trends Index™ (ETI) increased in January for the fourth consecutive month. The index now stands at 100.5, up from December’s revised figure of 100.3. The index is up 7 percent from a year ago. Says Gad Levanon, Associate Director, Macroeconomic Research at The Conference Board: “Despite anemic job […]

The Real Unemployment Report

The Mainstream, New York bred, big-business news media outlets were practically tripping over themselves to report that the unemployment rate had dropped “unexpectedly” to 9.0%. The fact that only 36,000 of an expected 140,000 jobs were added was glossed over. How could an economy that must “Generate 246,600 Jobs A Month To Get To Pre-Depression […]

Money for Nothing and Houses for Free.

How would you feel if a burglar was caught inside your home stealing everything of value, and when the police went to make out the police report, you were told that you would have to write a check for $5000.00 to pay for the burglar’s legal fees? Well that happens indirectly, with the Lawyer-enriching “Right […]

Deflation or Inflation? Yes

Since the beginning of the “Great Recession” that Americans still find themselves in, there have been prognostications of incredible inflation while other “experts” claim that crippling deflation would be the necessary outcome.  Could they both be right? Perhaps – there are two major forces at play in our economy right now: price inflation and income […]

Wreckovery Wednesday – It’s Not Getting Better Out There

We’ve been hearing that the situation in America is improving, albeit slowly.  It would appear, that they are not improving .. at all.  It’s time for a new strategy. Goldman Sachs Says U.S. Economy May Be `Fairly Bad’ Goldman Sachs Group Inc. said the U.S. economy is likely to be “fairly bad” or “very bad” […]

Lies and Sighs: Unemployment is NOT down

Just a few weeks ago, I reported that unemployment has been the same since the beginning of the year.  SURPRISE:  it’s still the same, despite main-stream media reports that it has gone down. How could I say such a thing?  How could I refute the media?  Why would they lie? Actually, they aren’t really lying, […]

Economic Catch-22: Prices Stagnant and So Is Income

The failed sales pitch on the “Recovery Summer” not withstanding .. the U.S. economy is still in dire straights.  We are making less money, food and energy are costing more, and manufacturers are struggling to increase the prices on goods which would allow them to hire more people or pay employees more.  Are we seeing […]

Jobless Situation Unchanged Since March – Real Analysis on the Unemployment Numbers

Oh the media.  Every outlet has been totally abuzz about the drop in initial jobless claims reported by the Department of Labor today.  It was only a reduction of 3,000 people, but that’s not where they failed to do their homework- the 450,000 number .. is THE SAME as it was back in March and […]

You Are No Longer Entitled to Prosperity

Modern Monetary Theory (MMT), or Chartilism, is not as innocuous as it sounds, and America can trace her every current  financial woe to it. Developed in the 1920s, and approved of by John Maynard Keynes, it became the hidden standard of our economy when we moved completely to a fiat money system and away from […]