-
President Obama's View of Fraud "From 40,000 Feet" (Without an Oxygen Mask)
Sunday, December 18, 2011 - 8:07pm | 2056Sixty Minutes' December 11, 2011 interview of President Obama included the following gem: KROFT: One of the things that surprised me the most about this poll is that 42%, when asked who your policies favor the most, 42% said Wall Street. Only 35% said average Americans. My suspicion is some of...
-
How Will Healthcare Reform Affect Your Investments?
Thursday, December 15, 2011 - 11:47am | 852According to a recent CNN article, approximately 2.5 million more young adults in the United States are now receiving health coverage as a part of President Obama's healthcare reform, the Patient Protection and Affordable Care Act. A part of the reform that became effective in September allows...
-
Last Troops To Return From Iraq This Month
Monday, December 12, 2011 - 4:40pm | 551Thank God. Or rather, thank Barack Obama, who finally, mercifully, years-later-than-necessary pulled the plug on the pointless war in Iraq. The last few thousand troops still stationed in Iraq will fly out of the country on December 31. That date will mark the end of a nine-year campaign that...
-
Senator McCain's Economist Warns: If you Criticize Banksters They will Prolong Recessions
Monday, November 28, 2011 - 9:11am | 3922Steven J. Davis, Senator McCain's chief economics advisor during his presidential campaign, has written a political hit piece on the man that defeated his candidate. His co-authors were Scott R. Baker and Nicholas Bloom. For the sake of brevity I will refer to the authors as “the authors” or “...
-
Democrats Enact Christmas Tree Tax for the Lulz
Wednesday, November 9, 2011 - 2:33pm | 457In internet culture terms, it seems that the Obama administration is trolling the American people. Recently, the Agriculture Department enacted a policy in which all fresh trees used for the holiday will have an added $0.15 charge. While this is basically a meaningless sum of money for the majority...
-
Obama Publicly Ignores Troy Davis, Even in Death
Monday, October 3, 2011 - 5:13pm | 736ATLANTA, Sept. 30, 2011, 2 p.m. - Some people are surprised that our news article about Obama trying to save Troy Davis was flatly denied by the White House. I was not. People forget, it took two anonymous sources from an off-the-record meeting for us to uncover a story that nearly every journalist...
-
Obama's Intrade Odds Fall to Record Low of 47.5%
Monday, September 26, 2011 - 10:05pm | 123Odds for Obama to be re-elected on Intrade fell to 47.5% today, the lowest odds in the history of the contract (see chart).
-
Has the Market Become Addicted to Cheap Money Fixes?
Friday, September 23, 2011 - 9:54am | 915FOX Business Network host David Asman warns of a troubling addiction on Wall Street. “Ben Bernanke has two mandates, and he has failed on both,” Asman told Benzinga during a recent Q&A. “[First] to maintain the value of the currency, [and second] to keep unemployment low. Like the President,...
-
Scrap Payroll Taxes Entirely To Increase U.S. Jobs
Tuesday, September 20, 2011 - 10:01am | 463By Robert A. Green, CPA and founder and CEO of Green & Company Inc. (GreenTraderTax.com and GreenTraderFunds.com) Chinese media interviewed me about this blog: Xinmin Weekly article in Chinese. I met a nice journalist Ms. Leyun (Lorrin) Shao from China in Finland last year. She reads my blog...
-
AP Touts President Obama's Openness to Compromise, Ignores Campaign Obama's Contradiction and New Tattletale Site
Wednesday, September 14, 2011 - 8:07pm -
Obama in Ohio Today to Promote Tax-and-Spend, While Kasich & Co. Promote Jobs and Growth
Tuesday, September 13, 2011 - 9:14am | 553President Obama is visiting Ohio today to “promote” his “jobs plan” (“promote” is the word in the Associated Press headline). What he's promoting is really a bill which is Stimulus II funded almost entirely with tax increases. Ron Bonjean at US News describes the “Jobs Plan” as a vehicle which “...
-
President Obama Spoke at The Rose Garden Yesterday
Monday, September 12, 2011 - 7:11pm | 458In a speech in the White House Rose Garden Monday morning, that I'm sure he hoped no one was watching, President Barack Obama said he would pay for his $447 billion jobs plan by ending a series of tax breaks for oil and gas companies, hedge-fund managers and people making more than $200,000. In...
-
President Obama's $447 Billion Tax Increase
Monday, September 12, 2011 - 10:57am | 109"In his September 8 lecture to Congress, President Obama promised that “every proposal I've laid out tonight will be paid for.” How? By raising tax rates on “the wealthiest Americans and biggest corporations.” In other words, the President is proposing a $447 billion tax increase." Read more...
-
Republicans Will Pass Obama's Jobs Bill or Find Themselves Unemployed
Friday, September 9, 2011 - 2:06pm | 993Where have the Democrats been hiding that version of Barack Obama all summer? In a fiery speech before Congress, President Obama laid out an effective, workable jobs plan and demanded (not asked, but demanded) that Congress get off its butt and pass the bill. The attitude change is a far cry from...
-
More of the Same
Friday, September 9, 2011 - 1:47pm | 1497By: Peter Schiff Friday, September 9, 2011 Although it was labeled and hyped as a “jobs plan,” the new $447 billion initiative announced last night by President Obama is merely another government stimulus program in...