"If you're one of the more than 250 million Americans who already have health insurance, you will keep your health insurance." – President Obama
Back in the good old days, it used to be that elaborate dinner parties, or debate salons, were in fashion. Friends of different political, economic, or financial persuasions would meet in order to eat, drink, and debate the issues of the day.
If I had to identify a “least-favorite” international bureaucracy, it almost certainly would be the Paris-based Organization for Economic Cooperation and Development.
Let’s fix the problem of too much government with more government. ‘K? Jay Richards, author of INFILTRATED, joined the show to talk about the cause of the Financial Crises . . . And how little we’ve learned in the last five years.
Best Stocks Now!™ come in all shapes and sizes, as well as all types of packages. And Packaging Corp. of America (PKG) is no exception.
While the nation uneasily prepares for the October 1 deadline for implementation of Obamacare, a potentially fatal rift has materialized in the most unlikely place – inside the Obama Administration itself, demonstrating once again how unready the country is for this law.
Actually any price-inflation target is ridiculous. And didn't we go down this path before? Twice? The Fed has a history of blowing bubbles, and sweeping in after the crash.
Human Rights Watch published a useful report with a map that showed range rings for what its author considers the likely firing ranges and location for the two rockets examined by the UN inspectors. However, the Maps have some deep flaws.
After many consecutive years of net losses, Rite Aid is expected to be profitable this year, and see earnings per share grow very aggressively going forward. The PE is quite low in comparison to the earnings growth, but the debt levels are extremely high.
You remember the promise; "If you like your doctor, you can keep your doctor. If you like your healthcare plan, you can keep your healthcare plan." By now you know that Barack Obama wasn't being truthful. . . But now it's getting personal.
Obama 2010- “If you like your doctor you can keep your doctor. Like your insurance? You can keep your insurance, and your cost will go down on average by $2,500.”
Obviously, by using scare tactics and fear mongering, the editors have bought into the propaganda of man-made climate change. They are frantically trying to gin up support and make believers out of those who are agnostic toward the politically driven agenda of "Global Warming."
As we get closer to the debt limit, the big spenders in Washington are becoming increasingly hysterical about the supposed possibility of default if politicians lose the ability to borrow more money.
This week’s announcement that there would be no end to Quantitative Easing (in the near future) was the wrong kind of “good” news for the market. Bill Tatro joined the program to discuss the Legacy Bernanke is leaving behind.
If you really want to have an effect on gun violence, there are two relatively small groups in society we should target, both of which are even more unpopular with liberals and the Obama administration than guns are. Young, black men and old, white men.
Um. . . Ok. I mean, well, it has increased our debt every other time it’s been raised. It almost seems like the President is using new Common-Core math standards in his explanation of the debt limit negotiations.
China continues to tutor North Korea, but North Korea is an obdurate and unwilling learner.
America suffers from ADHD compounded by 24-7 media schizophrenia and a President with no clear sense of direction. One day the United States is standing on the brink of war with Syria, and a few days later Obama has moved on to political warfare with the Republicans.
Remember that “independent” investigation Hillary Clinton’s State Department was going to launch to look into what happened in Benghazi? Well, it turns out it wasn’t so “independent”. Bob Beauprez joined the program to discuss the ongoing scandal surrounding the events in Benghazi.
The Fed's failure to announce some sort of tapering of its QE program, despite the consensus of an overwhelming percentage of economists who expected action, once again reveals the degree to which mainstream analysts have overestimated the strength of our current economy.
When a situation goes to extremes, it can result in either a great opportunity or the possibility of severe danger.
I am familiar with the argument that poor people are forced to live on junk food because it is cheaper than buying real food. But in the case of food-stamps, people aren’t buying anything. They aren’t being forced to make poor nutritional choices. They are being encouraged to do so.
Two things have happened with the climate debate recently that reveals that climate change apologists—better known as Europeans-- owe the rest of us an apology.
Don’t pay for property that isn’t in your name. Land contracts, or contracts for deed, are dangerous for the buyer and just plain stupid!
Public unions can scream all they want, but the entire defined benefit pension system is insolvent. There is no choice other than pension haircuts.
Two years ago, Hollywood, no kidding, masterminded a plot to, in effect, steal the Internet (by criminalizing certain conduct, booby trapping the Web in ways that few non-mega-corporations can cope with).
In March of this year, former Vice President Al Gore announced that he was in favor of a "carbon tax." The wording is strange, as carbon is the fourth most abundant element in the universe.
While trying to relax after a long day at work I heard the most startling announcement on the news: it is time to try out for the Rose Queen in Pasadena. There were approximately 100 girls and 8 young men who are trying out. Really!
It is remarkably simple to balance the budget with a modest amount of spending restraint. Based on Congressional Budget Office data, we can balance the budget in just three years if spending grows by “only” 1 percent per year.
I’ve said it before and I’ll say it again, 2013 has been the year of domestic stocks. Small and mid-cap domestic stocks are the hottest places to be in the market this year—for whatever reason.
After getting scolded by the Department of Energy for paying employees (with taxpayer dollars) to play cards and volunteer at local charities, the manufacturer of the Lithium-ion batteries for Chevy Volts finally got their assembly lines moving. . . Only to shut them down again because of “environmental concerns.”
Obamacare has been likened to a “disaster,” a “trainwreck” and other implacable forces of nature or accident that gouge out the health, wealth and well-being of a community. But what is a flood, in terms of life and limb, when Obamacare looms over the country as a whole?
President Obama doomed Summer's candidacy months ago with his repeated rebuttals to attacks on Summers. A buzz then developed that a Chairman Summers would be Obama’s guy, sort of the way Arthur Burns was Dick Nixon’s guy years ago.
As an advocate of small government, I’m often distressed that I sometimes have to rely on Republicans in Washington to fight statism. But, as bad as Republicans are, there’s no way they could be as bad as the faux Conservative Party in the United Kingdom.
If a CEO wants to work in an environment where he can do anything he wants and no one will notice for two years, I suggest he get a job running the Department of Energy.
The wealth effect of liberal policies, which seems to infect only a favored few in our society and on Wall Street, will continue papering over any missteps, flaws or fallacies that the liberals want to foist on a trusting public. Year after, year, after year, after year, after year.
Say hello to Big Brother. . . Again. As if the information collected through the NSA, IRS, and FBI weren’t enough, now the Consumer Financial Protection Bureau (doesn't that Orwellian named entity give you the full body shivers?) has decided to monitor roughly 80% of all debit or credit card transactions.
This is what happens when Fed policies benefit the wealthy at the expense of everyone else.
In looking at the chart, we see that the expectations for future dividends per share changed first on Monday, 26 August 2013, dropping by 11 cents per share, and was proportionately followed a day later by S&P 500 stock prices, which dropped by $33 per share.
Does the rising level of short interest in Sprint and AT&T have anything to do with possible imminent announcements from Google, GlobalStar, the FCC, Amazon, or others? That's possible. But short sellers may also be looking at other issues.
When Sarah Silverman put together a pro-gun control video mocking the idea of a “black NRA,” I was prepared to laugh.
When Obamacare kicks in, the wealthy will get to keep their healthcare. So will Congress, staffers, and others who got waivers from Obama. I guarantee the Unions will be next. The poor will get government subsidies to pay for Obamacare, but what about the rest of us?
You apparently are OK with the targeting of groups by political affiliation practiced by the IRS, the seizure of phone records of the AP and Fox News, the Benghazi cover up, the DOJ ignoring voter suppression when it’s practiced by the Black Panther party, Fast and Furious, etc., etc., but you’re still outraged at Bush about Abu Ghraib.
I wanted to call them, but there is no number, just online forms, then they call you.
I’m almost at the point where I feel sorry for Obamacare supporters. There’s been a growing avalanche of bad news about government-run healthcare and they somehow have to justify this festering pile of you-know-what.
This was big news across the country, covered by all the networks and all the radio talk show personalities. But something far more significant than a recall had taken place in Colorado; something revolutionary. The old guard watched and the grassroots won.
Conservatives have a right to be rejoicing. As Jerry Bowyer points out in Forbes: “the Anglosphere is now post progressive. The English speaking nations of the world: England, New Zealand, Canada and now Australia are governed by conservatives."
The House leadership now finds itself, once again, in the same pickle. Congress, once again, did not complete a budget for the upcoming fiscal year. That means a continuing resolution (CR) will be necessary to keep the government open on October 1st.
Colorado gubernatorial candidate Tom Tancredo stopped by this week to talk about the prospects of the gun grabbers going down to defeat in Colorado on the backs of a message delivered by grassroots activists. And defeat they did. Oh, boy, did they ever.