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Tax Facts Show Lower Personal Income Taxes Will Not Create Jobs
We've noticed a hell of a lot of political B.S. baffle going on, in particular on business taxes. What happens is politicians conflate small business taxes with the individual income tax and that is...
View ArticleAs Our Economy is Outsourced to China the Obama Administration Once Again...
Once again the U.S. Treasury and President Obama have refused to label China a currency manipulator, this time by delaying their report on exchange rates until after the election. The excuses abound,...
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Binders, Stapling Things, Offshore Outsourcing and Women's Work
Ah, the never ending word gotcha games of Election 2012. The Internets went abuzz with binders as a symbol of female oppression after the second Presidential debate. We even have Amazon office...
View ArticleThe Romney Ad, the Auto Bail Out and China
The political everybody has an opinion not based in fact pundit world is ablaze over a new Romney ad claiming Chrysler is planning on building a plant in China and making Jeeps there. The ad references...
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An Abbreviated Reading List for Undecided Economic Voters
The noise from the election machine is at 120 decibels. If you don't wear ear plugs you'll damage your hearing. Campaigns and their surrogates are misquoting statistics, rewriting history and are...
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Election Aftermath - Campaign Spending Could have Given Every Person $19 and...
The spending was obscene. The campaign was an astounding 18 months of drum beats and cable noise over an electoral map where most states are not competitive for both parties. The Center for Responsible...
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The Grand Bargain Under the Fiscal Cliff
The main stream media has finally caught on that Congress will cause a major recession through economic blackmail in addressing the Fiscal cliff. Now there are calls for compromise. Ever notice when...
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Identity Politics and Economic Reality
The election was won by identity politics. Black people voted for President Obama by over 93%, Hispanics 71% and Asians 73%. The exit polls show 55% of women voted for Obama, whereas 59% of white...
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Chained CPI Will Reduce Your Social Security Benefits
There is a war on social security and America is losing the battle. One constant in the fiscal cliff negotiations is the agenda to cut your retirement benefits by a ruse, a lowering of the inflation...
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Congress Ushers in 2013 with a Resolution to Push the Economy to the Brink
Past the final hour the House finally passed a bill to avert the fiscal cliff. The Senate had passed the legislation in the wee hours of New Years Day and after much brew ha-ha the House allowed an up...
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Who Knew Jack Lew?
When Obama nominated current White House chief of staff and former Office of Management and Budget Director Jack Lew for Treasury Secretary all the main stream press could talk about was his loopy...
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Reads Around the Internets - Obama Wants to Cut Your Social Security Benefits
Welcome to the weekly roundup of great articles, facts and figures. These are the weekly finds that made our eyes pop.
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Obama Names Wall Street Defense Attorney to Head the SEC
Will America finally get justice for crimes on Wall Street? We think not. Today, President Barack Obama named Mary Jo White to head the Securities and Exchange Commission. The White House and most...
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Sequestration Suicide
For once he's right. President Obama came out blasting against the upcoming sequestration as a major threat to the U.S. economy. He's right. These draconian cuts, $85 billion for FY 2013, will be...
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Outrageous Shorts - Jobs Crisis Ignored In D.C.
As the jobs crisis continues industry and government collude together on policies and agendas which won't help the nation. Here are some of their latest outrageous activities.
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So Much for the Impending Economic Armageddon Federal Budget Deficit
Surprise, when tax revenues increase the deficit goes down. Such was the news of a new CBO update on the federal budget deficit.If the current laws that govern federal taxes and spending do not...
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Obama Didn't Say What Kind of Jobs
In a speech last Wednesday President Obama said, "Over the past 40 months, our businesses have created 7.2 million new jobs. This year, we are off to our strongest private-sector job growth since...
View ArticleOutrageous Economic Shorts - The Great American Middle Class Wipe Out
Welcome to this week in economic outrage. Every day there are thousands of economic horror stories where one just shakes their head in disbelief at the incessant injustice. To combat the information...
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Privatizer in Chief Obama Blames Reckless Homeowners
President Obama gave a speech on winding down Freddie Mac and Fannie Mae, the GSEs often blamed for the housing crisis and a darling of conservative ire. Government sponsored enterprises, or GSEs buy...
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Fed Fight Fright
The opposition to Larry Summers as Federal Reserve Chair is growing. There is new petition demanding Obama not appoint Larry Summers and already has almost 100,000 signatures. Yet that doesn't seem...
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