Although the sea of socialist rhetoric and hypocrisy through which Barack Obama makes us wade is routinely deep, I found a news blurb this morning that I found particularly hypocritical. Barack Obama is meeting with the US Chamber of Commerce ...
Read More »Category Archives: Bailouts
Feed SubscriptionPlunge In Sales of Existing Homes Sharpest Drop In History
Sales of previously owned homes fell 27 percent in July to the weakest level in 15 years, the National Association of Realtors reported last week. This represents the largest single monthly drop in history and they've been keeping these records for 40 years.
Read More »Another Dishonest Bailout Obama Wastes Another $26 Billion
Obama, like Roosevelt, is instituting solutions which have and will continue to make this recession much worse than it would otherwise be.
Read More »US At Risk Of Losing AAA US Credit Rating
The vaunted AAA credit rating the US has always enjoyed is at risk. Preserving debt affordability at levels consistent with AAA ratings will invariably require fiscal adjustments of a magnitude that will test social cohesion.
Read More »Moodys Says US Debt Could Test Triple-A Rating
Moody's says that even AAA-rated US Treasury bonds, considered the safest of investments, could be downgraded if Washington continues on its current path of failing to manage the federal debt.
Read More »Obama Stimulus Created How Many Jobs?
Accounting For Obama’s Stimulus Plan Surely you remember Obama’s $787 Billion emergency economic stimulus plan and spending bill from this time last year. It became known as the American Recovery and Reinvestment Act of 2009. Obama promised the stimulus plan ...
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