Right on the money… =========== Ralph Benko, Forbes-commentary: President Barack Obama is on the verge of terminally discrediting himself by playing some very bad games very badly. The means of avoiding default are crystal clear. Obama is not just ignoring them, but evading them. He is guilty of playing Russian Roulette with America’s creditworthiness. His administration is playing Three Card Monte with... Read more
Archive for the ‘Party Politics’ Category
Obama Playing Russian Roulette? – R Benko
July 26 | Posted by mrossol | Economics, Obama, Party Politics, US DebtThe End of the Growth Consensus
July 23 | Posted by mrossol | American Thought, Debt, Economics, Party PoliticsBy JOHN B. TAYLOR This month marks the two-year anniversary of the official start of the recovery from the 2007-09 recession. But it’s a recovery in name only: Real gross domestic product growth has averaged only 2.8% per year compared with 7.1% after the most recent deep recession in 1981-82. The growth slowdown this year—to about 1.5% in the second quarter—is... Read more
Review & Outlook: The Jobless Summer – WSJ.com
July 3 | Posted by mrossol | Economics, Obama, Party Politics, Socialism, The LeftReview & Outlook: The Jobless Summer – WSJ.com. Perhaps you’ve already noticed around the neighborhood, but this is a rotten summer for young Americans to find a job. The Department of Labor reported last week that a smaller share of 16-19 year-olds are working than at anytime since records began to be kept in 1948. Only 24% of teens,... Read more
Vindicating the CIA
July 3 | Posted by mrossol | Liberal Press, Obama, Party Politics, The LeftReview & Outlook: Vindicating the CIA – WSJ.com. Well, again I wait for the moaning and bleating of the liberal press… = The education of the Obama Administration on antiterror policy has been remarkable to behold, and the latest installment is Attorney General Eric Holder’s decision to pull the plug on the investigation into most CIA interrogations. The disgrace is... Read more
Why the Jobs Situation Is Worse Than It Looks
June 27 | Posted by mrossol | Economics, Obama, Party PoliticsWhy the Jobs Situation Is Worse Than It Looks A very, very compelling, gut-wrenching piece. =============== The Great Recession has now earned the dubious right of being compared to the Great Depression. In the face of the most stimulative fiscal and monetary policies in our history, we have experienced the loss of over 7 million jobs, wiping out every job gained since the... Read more
