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Money & The Economy

News on Finance, Money, markets and the economy

NYC’s Food Nazis Have Found Their Latest Victim

If Mayor Bloomberg gets his way, New Yorkers might not be allowed to Super Size their drinks the next time they buy a soda. NEW YORK (AP) — New York City plans to ban the sale of large sodas and other sugary drinks in an effort to combat obesity. The proposed first-in-the-nation ban would impose a 16-ounce limit on the size ...

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Young Professionals Say More Business Creation, Less Government Solves Unemployment

Generation opportunity

WASHINGTON, May 25, 2012 /PRNewswire-USNewswire/ — Generation Opportunity’s field team continued their grassroots organizing efforts in North Carolina at BusinessExpo 2012, presented by theGreater Raleigh Chamber of Commerce, and the Piedmont Triad Business Showcase, organized by theGreensboro Chamber of Commerce. More than 2,000 young professionals, entrepreneurs, and business leaders attended the event in Raleigh, where Generation Opportunity’s staff met with and listened to hundreds of young adults. ...

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Speak Up Young America!

At a recent graduation speech President Obama challenges students to speak up, to march, to lobby and to vote. In 2008 many students were drawn to Obama’s Hope and Change ideals. Today more high school and college age young people are realizing that entitlement programs are not free and that the national debt will fall onto their shoulders. One group ...

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International Leaders Call For Establishment of a Single World Currency To “Overcome the Economic Crisis”

ASTANA, Kazakhstan, May 21, 2012 /PRNewswire/ — More than 70 experts from 40 countries prepare an Open Letter for G20 countries’ leaders in Kazakhstan. Leaders and former leaders of five states, 11 current and former prime-ministers, 25 current and former ministers and 40 top managers of international organizations, transnational corporations and businesses, 12 Nobel laureates and renowned scientists will gather at the V Astana Economic ...

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Over-Regulation Nation

Liberals love to cite how tax rates are at their lowest in recent memory, ballooning corporate profits, and how Bush era policies caused the financial meltdown.  They seem to think these are ample reasons to argue why we shouldn’t deregulate our over-regulated economy.  However, it is becoming harder for the political left to argue this point  since we are witnessing ...

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Jon Lovitz Nails Obama on Hannity

By now, most readers know about Jon Lovitz’s tirade against President Obama’s “Tax the Rich” philosophy.  His opinion on this matter has been so popular that he’s been asked to discuss it on cable news several times now.  In one of his more articulate appearances, he explains to Sean Hannity that as a “rich business owner”, his employees get paid, ...

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Greek Contagion: Run on Banks Accelerating

For weeks, Greek citizens and companies have been pulling money out of Greek banks at alarming rates as fears rise that the island nation will exit the Euro in a chaotic fashion. This week, Spanish banks are seeing record withdrawals signaling that Greece’s failing economy is having disastrous effects in other EU nations. It has been long expected that Greece would exit ...

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Manufacturing Index “Unexpectedly” Contracts

The Federal Reserve bank of Philadelphia released the results of its May Business Outlook Survey. Manufacturers are reporting a shocking reversal in the survey’s measure of current manufacturing activity from 8.5 in April to -5.8 in May. Analysts had expected the activity measure to increase to 10.0 this month, but all of the indications from the Fed survey are that ...

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Obama on deficit in 2004: I think it’s “an enormous problem”

In 2004, Barack Obama ran for the U.S. Senate seat in Illinois and stated that the deficit was “an enormous problem” and referred to then President Bush as leading “THE most fiscally irresponsible administration in certainly my memory.”  Oh the irony…

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The Free Lunch Agenda

Conservative commentators and economists, especially George Will, have given lectures and speeches and have written columns about the moral hazard that is rising in the country. If you saw it, I hope you were appalled at the new study that shows virtually half of all Americans do not pay federal income taxes. Forty-nine and half percent of Americans pay no income taxes and receive most ...

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As Seen On TV: The “Slim Away”… A First Look

Bet you didn’t know that we did product reviews at ConservativeDailyNews.com, did you?  Well, we do, and here one is. Have you ever seen a product advertised late night on TV and wondered if it actually did what it claimed to do?  Or if it was even worth buying?  Believe it or not, sometimes these products can deliver.  A lot ...

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385,000 More Americans Left Jobless in April

The April jobs numbers are out and of the estimated 500,000 new workers entering the workforce, 385,000 of them were met with no possibility of finding a job. Economists estimate that about half a million new workers enter the market each month. The government report stated that only 115,000 new jobs were created. That means hard times for hundreds of ...

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Married To The Game: ConservaToni Stops By

Saturday’s show was a reflective and informative episode of Married to the Game.  Ai discussed changes that will be taking place with the show in the near future.  Some of the focus of the show will be changing to broaden out and cover more topics than just what’s “hot” in the 24 hour news cycle.  Ai is tired of us ...

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Obama’s EPA Wants to Crucify Oil Companies

Last week, a powerful video came out detailing what America should do with its energy resources, if it wanted to fail.  This week, a member of Obama’s EPA was caught discussing tactics that they use to “crucify” American energy companies. The White House press secretary has tried to say that the Obama administration does not agree with these tactics, but ...

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Obama creating a nation of lazy, good-for-nothing mooches

Finally we are able to point at something (besides record gas prices) as an accomplishment of the Obama Administration: more Americans are finding it acceptable to live off of government hand-outs than ever before. Food stamps are being used everywhere from cruise ships to casinos. There’s even a YouTube video showing how widely-accepted EBT (food stamp) cards are for non-necessities. ...

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