Beneath the surface of Friday’s jobs report lies the reality of just how disastrous the Obama economy truly is. Consider the following 11 economic facts: 1. When you include the underutilized labor figure with the eight million Americans who have
When August’s jobs numbers were announced Friday morning, Joe Scarborough immediately pronounced them “good news for the President.” Announcing the drop in unemployment from 8.3 percent to 8.1 percent, Joe added, “Ladies and gentlemen, what you call that is a
Democrats, led by corrupt Department of the Interior Secretary Ken Salazar, have spent the last two days of the DNC railing against “oil subsidies” as a way to attack Republicans over energy. A few things wrong with this scenario: there
National Public Radio, among other mainstream media outlets, whitewashed First Lady Michelle Obama’s fib-filled speech to the Democratic National Convention last night. At the end of a roundup of perfunctory attempts to fact-check some of the Democrats’ speeches, NPR gave
On the eve of Bill Clinton’s address to the Democratic National Convention on Wednesday, the Government Accountability Office (GAO) on Tuesday confirmed that President Barack Obama did in fact change the rules in Bill Clinton’s landmark Welfare Reform Act despite
Thomas Jefferson said, ” I’m a great believer in luck, and I find the harder I work, the more I have of it.” SEIU President Mary Kay Henry clearly believes that luck only comes through union membership, and she has
The Obama economy has been brutal on all Americans, but especially so on black Americans. Consider the following seven economic facts: 27 percent of black Americans now live in poverty, a two percent increase since 2009. According to last month’s
Let’s say a member of Congress violates the law by forcing her taxpayer-funded staff to work on her campaign. Let’s say she also improperly uses official resources for her personal use. And then, when Congress decides to look into the
This morning’s key headlines from GenerationalDynamics.com: World food prices jump another 10% in July Putin’s spokesman criticizes Romney for toughness on Russia Money continues to flood out of Spain World food prices jump another 10% in July After a big
Gen. Martin Dempsey, chairman of the Joint Chiefs of Staff of U.S. armed forces, said on Thursday that he does not wish to be “complicit” in any Israeli strike on Iran.Today it was reported that Benjamin Netanyahu, frustrated with the
Left-wing boogeyman Sheldon Adelson and his wife have each given $250,000 to a new independent super PAC called the Patriot Prosperity PAC created to help elect New Jersey Rabbi Shmuley Boteach to Congress, according to the Wall Street Journal. “I treasure
Massachusetts Gov. Deval Patrick (D) has signed new legislation that some are calling the “second phase” of the health care law that was signed by Gov. Mitt Romney in 2006. A sweeping law intended to contain health care costs, it
During a presentation at the Wall Street Journal’s “CEO Council” in November 2011, Democrat Erskine Bowles placed blame for the failure of the National Commission on Fiscal Responsibility and Reform on a “cabal” of Chicago politicians surrounding President Obama. Bowles
The klaxon horn went off for California municipal bondholders when Moody’s credit rating service issued a report stating that the plummeting financial condition of many California counties, cities, school districts and other government agencies will soon result in large numbers
Bane, the villain in the summer blockbuster “The Dark Knight Rises,” leads an army of folks who want to take from the rich to line their own pockets. If that sounds like a refrain from the Occupy Wall Street songbook,
Last month, I wrote about a brewing battle on Capitol Hill over on-line purchases and sales taxes. Governors, state officials and retailers are pushing Congress to force on-line retailers to collect state and local sales taxes on e-commerce purchases. An
The crony connections just keep on coming over at Eric Holder’s Department of Justice. Last week, the Justice Department announced that it will not prosecute Goldman Sachs or any of its employees in a financial probe. Could that be because
At a time when it seems that secularization has its strongest foothold in the national culture, American Catholics may end up having a big say in the election this fall. Actually, with approximately 55.6 million of voting Catholics in the
President Barack Obama on Thursday uttered the following utterly absurd thing: “I want to (bailout) manufacturing jobs, not just in the auto industry, but in every industry.” Even before President Obama dramatically bumped up the auto bailout to $82 billion,
President Obama had good success at getting media coverage for using the term “Romney Hood” to slur Mitt Romney as an irresponsible and out-of-touch corporate elitist. The President’s strategy has been to constantly be on the attack to undermine the
The Justice Department announced Thursday that it will not prosecute Goldman Sachs or any of its employees in a financial fraud probe. In 2008, Goldman Sachs employees donated $1,013,091 to Barack Obama. To date, Eric Holder’s Department of Justice
Stockton, California made history in June 2012 when it became the largest U.S. municipality in history to file Chapter 9 bankruptcy. It wasn’t the first Golden State city to do so, and what’s happening in out west is spreading to the
President Barack Obama is now campaigning and fundraising directly off attacks on the wealth of conservative casino magnate and prominent Jewish philanthropist Sheldon Adelson. Adelson’s good works enjoy bipartisan support–so much so that Harvard Law School Professor Alan Dershowitz, who
For the record, in my headline, the use of “Obama Camp” means more than just the actual Obama campaign. It also means Obama’s surrogates, supporters, and, of course, the media. But you already knew that. Before we get started, though,
From the very outset of the financial crisis, we were told if the federal government did not “invest” massive amount of taxpayer funds to bail out failing companies, the entire world economy would grind to a halt. And what was
