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Money & The Economy

News on Finance, Money, markets and the economy

Intelligent Americans Reject Democrat “War on Women” and decide to vote smart

Political polling shows that the American voting public grows increasingly weary of Democrats saying that Republicans oppose mammograms and PAP smears. Liberal groups funded by commercial abortion operations like Planned Parenthood have been producing dramatic advertisements showing women complaining about Republican candidates who are voting against mammograms and PAP smears – key tools in the detection of women’s health issues. Unfortunately for Democrats, women ...

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Are You a Purple Penguin?

This story goes in my “Administrators gone wild” file. It seems a Nebraska school district is instructing its teachers not to use the terms “boys and girls,” “ladies and gentlemen,” “you guys,” well, you get the idea. Why? Because they don’t include gender non-confirming terminology and therefore causes confusion for those few children who don’t identify with any specific gender. ...

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Unemployment at All-Time Low 5.9%… Just Kidding!

Government math takes on many forms. I think it’s the basis for Common Core math. In Common Core, 2 plus 2 plus 2 doesn’t always equal 6. Just like 18% of employable people in the U.S. equals a 5.9% unemployment rate. The 5.9 %number is usually arrived at by simply looking at how many Americans file for unemployment every week, ...

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Article V Convention – Congress Will Not Act, So We Will

Government debt continues to amass at a dizzying pace. The federal government has displayed no discipline in reining it in and reestablishing a more sound fiscal footing for the future of the country. Our founding fathers, however, had the prescience to include in our Constitution the means whereby the states, and the people, could force the government to do what ...

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I Told You It Wasn’t a Woman’s Health Issue !

I have been saying, to the irritant of my friends on the Left, that abortion has nothing to do with women’s health. One of the original questions the Supreme Court had to deal with in the seventies when they approved this “slaughter law” was, when does life begin. Well, all the academics and doctors that were willing to take some ...

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The Failure of Obamanomics

Obama failures

The strongest component of the Federal Reserve’s Leading Economic Indicators currently is stock market performance. Such equity strength is more a case of artificial stimulation by the Federal Reserve through Quantitative Easing and the cozy relationship between Washington and Wall Street than it is a sign of a healthy economy or White House policies that have been conducive to growth. ...

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America Remains World’s Top Energy Producer

America #1 energy producer

Bank of America reports that the United States will remain the world’s top energy producer this year and for some time to come despite the current administration’s attempts to curb energy exploration and transportation. President Obama has done everything within his power (and some things not so within it) to suppress American energy production. As Bank of America reported, America’s ...

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HuffPuff Propagandizes a FOX Reality

I go through the headlines and news stories in over one-hundred publications daily. I do this so that I can view multiple sources on some of the same stories. Doing this allows me to formulate what is fact and what is disingenuous spin; propaganda meant to trick the public into thinking one way instead of another. Make no mistake, both ...

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China, Russia and South Korea Make Moves Away from Dollar

BRICS (Brazil, Russia, India, China, S. Africa) is the acronym signifying the next generation of economic power houses. Increasingly, these, and nations like them are working to diminish the U.S. Dollar as the World’s reserve currency. This week, China and Russia took more steps towards that goal. China’s central bank has authorised the Bank of Communications, the country’s fifth largest lender, ...

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Even Democrats realize Cap and Trade = economic disaster

CA dems re-think cap and trade

For years, economists have been saying that cap-and-trade would be an economy killer. Now, a group of California Democrats has come to the same conclusion in a letter to the head of California’s air resources board. The 16 Democrats have requested a delay or change to the rules that would put gasoline under the same cap-and-trade rules as power stations have been ...

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Obama Illegally Shutting Down Businesses with Operation Choke Point

In a free-market capitalistic system, the economy grows as companies compete freely for consumer dollars by producing superior products and services, adding jobs while their bottom-line grows. In such a system the government plays a role as referee by protecting consumers and ensuring all corporate players compete legally, and fairly. But in a crony-capitalistic system, the government does more than ...

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Q1 GDP Down 2.9%: Admin says – meh

Today we learned that the Gross Domestic Product of the United States decreased by 2.9% in the first three months of 2014 – a number greatly different than dismal .1% increase the administration reported initially. How could this be? According to the Huffington Post Obamacare had just saved the economy from contraction.. or something. As the U.S. economy teetered on ...

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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 why “free trade” policies like ...

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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 classified as an unintended consequence, ...

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