President Obama argues Republicans want to go back to pre-recession policies of cutting "taxes for the folks at the very top" and rolling back "regulations on big banks."He warned: "We tried that top-down approach. It´s what caused the mess in the first place." Did it, though? Most economists agree the recession was caused by the subprime mortgage crisis, which had little if anything to do with tax policies. In fact, real economic growth accelerated after 2003, when the Bush tax cuts for top earners and small businesses fully went into effect.
Obama is one of the dumbest president this country has had. If it wasn´t for a fawning press, he would have been revealed as a sociopath in late 2007. Sadly, if his delusions, lack of depth, narcissism and incredibly dishonest behavior had derailed him, the female version of Obama would have swept McCain away in the general elecrion of 2008. Hilary would be now be preparing for a second term, having defeated yet another unfocused and out of touch RINO.
The article was good, but still it ignored Obama´s own role in the housing debacle that caused the recession. He was the lawyer of record for the group that sued Bank of America. After getting their way with one bank they kept up the agitation with other banks. Socialist groups that Obama was associated with in Chicago worked with Cuomo to get the changes to policies with accelerated the problem and institutionalized it with federal regulations. Obama needs to point the finger back at himself and quit blaming George W.
Energy Policy: The president falsely claims that the jobs created by the pipeline from Canada would be but a "blip relative to the need," ignoring his own State Department and the unions that support him. At the rate President Obama is going, he may claim that building the Keystone XL pipeline will actually cost jobs. In an interview with the New York Times last Saturday, he argued that the best estimate is 2,000 initial construction jobs followed by no more than an additional 100 jobs, a mere "blip." The newspaper´s transcript of the interview showed Obama
Energy: A Saudi prince has warned that his oil-reliant nation is under threat because of fracking technology being developed in the U.S. and spreading around the world. OPEC is now caught between Riyadh and a hard place. Indicative of the panic rippling through the Organization of Petroleum Exporting Countries over the U.S.-led fracking boom, billionaire Saudi Prince Alwaleed bin Talal says his Gulf Arab kingdom needs to reduce its reliance on crude oil and diversify its revenues, lest the era of gold-plated toilets come to an end.
Welfare: SNAP, the U.S. food stamp program, has become a conduit for redistributing wealth and fundamentally transforming America, as welfare recipients now send food overseas and the White House markets to illegals. While the administration laments the distraction of "phony" scandals like Benghazi and Fast and Furious that leave real Americans dead, it trots out phony statistics about how well the economy is doing. "And what is absolutely true is that we have come a long way since the depths of the Great Recession," White House Press Secretary Jay Carney said at a recent press briefing
Bankruptcy: The fundamental transformation of Detroit is complete, as socialism´s theme park succumbs to government run amok, a reminder that government isn´t the solution to our problems but their cause. The wisdom of President Reagan´s words have been lost under an administration that believes government is the entity from which all blessings flow. So has Margaret Thatcher´s observation that the problem with socialism is that eventually you run out of other people´s money. Last Oct. 13, President Obama boasted in a weekly address about the bailed-out auto industry that, "We refused to throw in the towel
Bill Of Rights: A Nevada family files a lawsuit after police literally seize their house to use as a command post after entering without a warrant and assaulting family members. Isn´t this what helped start the American Revolution? For those who snoozed through civics class, recent news events have provided an education on the U.S. Constitution, the bedrock of American democracy, assaulted by an administration that views it as obstructionist and irrelevant and by courts that view it as a "living document" — which is to say it means whatever they say it means on any given day.
Guns: Illinois has become the last state in the union to allow citizens their full Second Amendment rights, and officials in the murder capital of America worry about the consequences of citizens defending themselves. Illinois´ legislature on Tuesday voted to let gun owners carry concealed weapons. The action followed a violent and bloody Fourth of July weekend in President Obama´s hometown during which 74 people were shot and 12 were killed.
An oil-laden train not unlike those rolling down American tracks derailed and exploded Saturday in a Canadian town, proving why pipelines are safer and environmentalist opposition to a pipeline from Canada is misguided. At least 13 people were reported dead and 37 missing in the charred Quebec town of Lac-Megantic, 130 miles east of Montreal, after the accident created an inferno of burning crude. Some may never be found, likely vaporized by the sheer intensity of the blaze that burned for 36 hours. Canada´s oil boom, due largely to development
Regulation: No longer the stuff of science fiction, a little-noticed change in energy-efficiency requirements for appliances could lead to government controlling the power used in your home and how you set your thermostat. In a seemingly innocuous revision of its Energy Star efficiency requirements announced June 27, the Environmental Protection Agency included an "optional" requirement for a "smart-grid" connection for customers to electronically connect their refrigerators or freezers with a utility provider. The feature lets the utility provider regulate the appliances´ power consumption, "including curtailing operations during more expensive peak-demand times."
Oil: Production data for April show how fracking has shattered not only the shale rock in formations like Texas´ Eagle Ford and Permian Basin but also the myths of "peak oil" and petroleum as an energy source of the past. As Mark Perry notes on his Carpe Diem blog, Texas produced an average of 2.45 million barrels a day (bpd) of crude oil in April, according to the Energy Information Administration (EIA). That´s the highest average daily output for Texas in any month since April 1985 — 28 years ago. In only 2-1/2 years, the Lone Star State
Mideast: The assault on a monastery and the murder of its priest by Syrian rebels is a stark reminder of the threat to Christians in the Middle East and that the enemy of our enemy is not necessarily our friend. The Vatican has confirmed the murder by beheading of Syrian Catholic priest Francois Murad in the town of Gassanieh in northern Syria by jihadists belonging to the al-Qaida-linked group Jabhat al-Nusra, or Al-Nusra front. This raises questions about our involvement in aiding Syrian groups opposed to the regime of Bashar Assad
Energy Policy: A billionaire hedge fund manager and Barack Obama donor is pushing the president to stop the pipeline that would compete with one he´s invested in. That pipeline could send Canadian oil to China. Environmental activist Tom Steyer donated as much as he could to get Massachusetts Rep. Ed Markey elected to the Senate in the recent special election to fill the seat vacated by now-Secretary of State John Kerry. He wanted another senator who´s opposed to completing the Keystone XL pipeline that he says would be an environmental plague on the planet.
Energy Policy: The president said Tuesday the pipeline from Canada should be built if the State Department finds it will not add to carbon pollution and is in our national interest. But State already has — twice. ´Allowing the Keystone pipeline to be built requires a finding that doing so would be in our nation´s interest," the president said in his speech on climate change. "And our national interest will be served only if this project does not significantly exacerbate the problem of carbon pollution." As with Benghazi, President Obama must not talk to the State Department much.
White House insiders say President Barack Obama is in “a funk” about what he sees as increasing stagnation and failures surrounding his second term and some worry that the President is becoming more distant and distracted. “He’s not the same Obama that came to the Oval Office after the 2008 elections,” a senior White House aided confided to friends in an email recently. “I’m worried.” Chicago Mayor and former White House chief of staff Rahm Emanuel tells friends that the Presidency has changed his longtime friend Obama and many of those changes are “not good.”
In warning about possible al Qaeda attacks against Americans overseas, U.S. officials may have provided too much detail about intercepted chatter and the source of the information, and that may make it more difficult to get such tips next time, former and current intelligence officials say.On Friday, the U.S. State Department issued a worldwide travel alert for Americans, citing an unspecified al Qaeda threat. The bulletin said that the highest threat levels are the Middle East and North Africa, “and possibly occurring in or emanating from the Arab Peninsula.”
Washington - President Barack Obama´s top national security advisers met at the White House on Saturday to discuss the potential threat of terrorist attacks that caused Washington and its allies to issue travel warnings and close embassies throughout the Middle East. The United States issued a worldwide travel alert on Friday (Snip) Obama is spending the weekend at the Camp David presidential retreat after playing golf earlier on Saturday. His birthday is Sunday. The White House said Obama had received regular briefings about the potential threat and U.S. preparedness measures all week.
[Video] Rapper Jay Z appearing on HBO´s "Real Time" with Bill Maher says that the black community wants upward economic mobility rather than a stronger police presence. In a conversation with former Congressman Barney Frank about police tactics such as stop-and-frisk, Jay Z suggests the stagnant economy and wealth inequality could cause widespread social unrest: "The real problem is there´s no middle class, right? So the gap between the have and have-nots is getting wider and wider... It´s gonna be a problem that no amount of police can solve, because once you have that sort of oppression
Common sense tells me that cops don´t need a Taser or a shotgun to subdue a 95-year-old man. When John Wrana was a young man, fit and strong and fighting in World War II with the U.S. Army Air Corps, did he ever think he´d end this way? Just a few weeks shy of his 96th birthday, in need of a walker to move about, cops coming through the door of his retirement home with a Taser and a shotgun.
Not only should President Obama cancel a bilateral summit with "schoolyard bully" Russian President Vladimir Putin, Sen. Chuck Schumer, D-N.Y., said Sunday on "Face the Nation," but considering the country granted asylum to National Security Agency leaker Edward Snowden, U.S. allies should try to move next month´s G-20 gathering from St. Petersburg. "President Putin´s behaving like a schoolyard bully, and in my experience, I´ve learned, unless you stand up to that bully, they ask for more and more and more," Schumer said. "He´s always going out of his way, President Putin is, to seem to poke us in
You don´t have to be gay or even Russian to feel the wrath of the Russian government´s homophobia. You could go to jail if you are "pro-gay," whatever that means. And that´s under just one of a growing number of hate-infused bills becoming law at a time when, as it happens, Russia is preparing to host the world in the next Winter Olympics. The perverse anti-gay legislation is inflaming an atmosphere of persistent intimidation and at times deadly violence against Russian gays and lesbians. The question now is: What should the rest of the world do?
Several skills that every kid once learned in school are going the way of the dodo in a hurry. Diagramming sentences is practically an extinct art, for example. Cursive handwriting and memorized multiplication tables look to be swiftly headed that way. Apparently, the next thing that kids will no longer need to learn is spelling and grammar. Sugata Mitra, a professor of educational technology at Newcastle University in northeast England, announced that traditional language rules are out of fashion, reports the Daily Mail. Kids don’t need to waste time on those things, see. State-of-the-art computers and mobile phones can make
I have a suggestion. How about an exhibit on Tawana Brawley? If the purpose of the new National Museum of African American History and Culture at the Smithsonian is to remember racial controversies, as the proposed Trayvon exhibit seems to confirm, then how about an honest look at the phenomenon of hate crime hoaxes? Particular attention should be paid to the role of the media in both the Trayvon and Tawana materials. Unquestionably, the media stirred up racial animus, and these incidents both contributed to raising racial tensions.
Police shot and killed an armed teen in the South Bronx early today after the suspect opened fire and refused to drop his gun, police said. Two rookie cops heard shots fired near East 151st Street and Courtlandt Avenue around 3 a.m. and ran in the direction of fire, police said. The uniformed officers saw Shaaliver Douse, 14, of the South Bronx, chasing another person through the streets, according to cops. Douse, who was arrested in May on attempted murder charges for shooting a 15-year-old, fired at the man running on East 151st Street this morning, police said.
An odd dark vertical line that was observed in the sky over Florida earlier this week has left meteorologists puzzled. The shadowy apparition was spotted and photographed by Mike Weight at Honeymoon Island State Park near Dunedin, Florida, Wednesday. Weight was walking on the beach at around 12.30pm. The day was bright and sunny, but there were thunderheads forming to the east. ‘I was looking North when I observed what looked like a ray of dark light coming down from a small cloud to the surface of the Gulf about a half-mile away,’ the 73-year-old man wrote in an email
Goose Creek resident Nancy Mace officially announced her campaign to defeat U.S. Sen. Lindsey Graham in the 2014 Republican Party primary. The first woman to graduate from the Citadel, Mace is a well-regarded up-and-comer in Palmetto State politics, counting at least one notable South Carolina Tea Party fave as an ally, state Sen. Tom Davis (R-Beaufort). However, if Mace truly hopes to secure the SCGOP nomination, she will need to answer questions about another comrade, Will Folks of FITSNews. As the former co-owner of FITSNews, Mace presided over the South Carolina political gossip site during its most infamous days;