Senior Dem Senator on Obama’s “power grab”

Published in February 25th, 2009

When Barack Obama promised a new era of bipartisanship in Washington, he likely didn’t mean bipartisan criticism of his lust for control over the US government.
While Republicans have been rightly worried over President Obama’s machinations, such as moving control over the census (which can help Dems in future elections) into the White House, Obama now [...]

Stocks drop (again) after Obama speech

Published in February 25th, 2009

Posted by admin in Bailout, Obama, economy

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Reuters is reporting that the stock market fell after Wall Street was unimpressed by President Obama’s first address to a joint session of Congress.
“President Obama didn’t have anything substantive to say last night,” said Michael James, senior trader at regional investment bank Wedbush Morgan in Los Angeles.
The Associated Press, meanwhile, “fact-checked” the president’s remarks and [...]

Thanks, Dems! Dow plunges to 12-year low

Published in February 23rd, 2009

Posted by admin in Democrats, Obama, economy

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Reflecting the lack of confidence the markets have in the Democrats’ handling of the economic crisis, the Dow Jones Industrial Average fell 250 points today to close at 7114.78 — a level not seen since May 17, 1997. The S&P 500, another stock index, fell similarly, while the tech-heavy NASDAQ index plunged to a low [...]

All you need to know about the “Stimulus Bill”

Published in February 23rd, 2009

Posted by admin in Democrats, Obama, economy, taxes

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Don’t know why so many people are upset about the “Stimulus Bill?”
Confused by the political doubletalk of President Obama and the Democrats?
Don’t have time to read the 1,073 pages of the so-called “American Recovery and Reinvestment Act of 2009?”
Here is an 11-minute video that will tell you all you need to know:

h/t: PUMA

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Obama Auto Task Force: “Do as we say…”

Published in February 23rd, 2009

Posted by admin in Democrats, Obama

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That liberals — especially liberal politicians — are hypocrites is not news. During the 2008 presidential campaign, Barack Obama spoke of everyone needing to “give back” or “do their part” and accused Republicans of “making a virtue of selfishness,” yet he and Michelle gave very little of their significant income to charity (less than 1% [...]

Economists DO Agree

Published in February 16th, 2009

Posted by admin in Bailout, Polls & Stats, economy, taxes

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Harvard economist Greg Mankiw, author of mainstay textbooks such as Principles of Economics, has compiled a list of things upon which economists do agree. The information was taken from various polls and was published in at least one of his textbooks and on his website. Economists agree that…

A ceiling on rents reduces the quantity and [...]

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