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Personal assets crash 22%
under Obama, recession
Washington Examiner, by Paul Bedard
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Original Article
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Posted By:Judy W., 2/25/2013 8:56:36 AM
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| The struggling economy, President Obama´s inability to fix unemployment and the sour housing market have cut the value of assets held by adult Americans by 22 percent since 2007, according to Pew Research. In a new analysis of American household fiscal healthiness, Pew also found that those 35 and older have a higher and out-of-whack debt-to-income ratio of 1.22, the highest in three decades. The crash in household assets and rise in debt comes as Americans are paying more in payroll taxes and at the gas pump, an unhealthy concoction that is sapping support for Obama.
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Reply 1 - Posted by:
lylacat, 2/25/2013 9:36:30 AM (No. 9194737)
Of course assets are worth a lot less; 0bama is printing 85 Billion Dollars each and every month out of thin air; that makes every dollar worth a lot less. 0bama says there is no inflation, but then, he does not have to buy groceries, buy gasoline, or pay his heating bills. Everyone knows we have huge inflation, but they just do not count food, housing, or energy (the three biggest purchases for an American family). But the number for inflation is "rigged" just like the unemployment numbers that they say are less than 8%; the real number is 16% or higher.
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Reply 2 - Posted by:
Felixcat, 2/25/2013 9:45:44 AM (No. 9194753)
But the latest Zobgy Poll has his favorables at 55% or so - unbelievable.
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Reply 3 - Posted by:
blizzard, 2/25/2013 9:49:32 AM (No. 9194772)
Not sure about my 401k, but I lost my job for over a year, and then had to take a 25% pay cut with my new one. At least I´m working...wish someone would work on getting rid of all of the Marxist traitors in our government... local and national.
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Reply 4 - Posted by:
ROLFnader, 2/25/2013 10:07:50 AM (No. 9194809)
The writer must be a racist because Obama wasn´t president in 07. Two totally white people,Reid and Pelosi, were in charge then.
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Reply 5 - Posted by:
curious1, 2/25/2013 1:06:59 PM (No. 9195236)
33, dealing with communists at home was left up to the citizens by the founders; using the soap box, ballot box and cartridge box, thus the inclusion of the 2nd amendment in the bill of rights.
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Below, you will find ...
Most Recent Articles posted by "Judy W."
and
Most Active Articles (last 48 hours)
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Most Recent Articles posted by "Judy W."
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U.K. Independence Party
finds its voice amid
growing anti-immigrant wave
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Washington Post, by Anthony Faiola
Original Article
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Posted By: Judy W.- 4/1/2013 8:44:11 AM
Post Reply
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EASTLEIGH, ENGLAND — For the United Kingdom Independence Party, defeat has never looked this much like victory. After a Liberal Democrat member of the House of Commons was jailed on criminal charges, this struggling railroad town near the English Channel held a special election to pick his successor. (Snip) Its best-yet showing in a national race has, nevertheless, thrust into the national limelight a political movement that is part of a wave of anti-immigrant populism surging across Europe. The outcome of the Feb. 28 vote, coupled with national polls showing UKIP support at an all-time high,
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IRS knowingly sends Billions
in Fraudulent Refunds
to Illegal Immigrants
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Townhall, by Bob Beauprez
Original Article
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Posted By: Judy W.- 3/30/2013 9:58:51 AM
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A WTHR-TV Indianapolis investigative report exposes a fraudulent scheme wherein the IRS is sending $4.2 billion per year to illegal immigrants as an "additional child tax credit" for children who don´t even live in the U.S. Further, the IRS and Congress have been ignoring the scheme for years. The Inspector General´s office has repeatedly identified the problem in audit after audit. The IG, Russell George says, "The magnitude of the problem has grown exponentially," but the IRS is doing nothing to stop it. "It´s so easy it´s ridiculous," the tax preparer whistleblower
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SDI at 30, Part V
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National Review, by Jay Nordlinger
Original Article
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Posted By: Judy W.- 3/30/2013 6:37:08 AM
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In that speech of his, 30 years ago, Reagan said, I know this is a formidable technical task, one that may not be accomplished before the end of this century. Yet current technology has attained a level of sophistication where it’s reasonable for us to begin this effort. It will take years, probably decades, of effort on many fronts. There will be failures and setbacks, just as there will be successes and breakthroughs. Yes — failures and setbacks, and successes and breakthroughs. How patient have people been with the failures and setbacks?
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Sowell, Race Hustlers,
and David Hume
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American Spectator, by David Hogberg
Original Article
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Posted By: Judy W.- 3/30/2013 6:10:22 AM
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The economist Thomas Sowell has just released a new book entitled Intellectuals and Race. (Snip) AmSpec: In the book you have a definition of “multiculturalism.” Can you talk about that and its implications? Sowell: The central premise of multiculturalism is that no culture is superior to another. The proponents of this draw conclusions such as it is wrong for school teachers to insist that black kids from the ghetto speak standard English. The idea that no culture is superior is another fact-free premise. If you look at the actual history of any society, they borrow from other societies.
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Thomas Sowell and
the Intellectuals
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American Spectator, by David Hogberg
Original Article
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Posted By: Judy W.- 3/28/2013 12:17:03 PM
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The economist Thomas Sowell has just released a new book entitled Intellectuals and Race. The American Spectator sat down with him recently for a lengthy interview. In this first part of the interview, we discuss some of the causes of differences between ethnic groups, and how intellectuals in the early 20th century viewed race versus intellectuals today. (Snip) AmSpec: One of the things that comes across in the book is that it’s possible different racial groups will have different outcomes but those differences may be in no way related to genetics. So, what are the causes of difference?
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Eagle Scouts: We’re Being
Bullied by Gay Rights Activists
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Townhall, by Todd Starnes
Original Article
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Posted By: Judy W.- 3/28/2013 8:08:13 AM
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A coalition of Eagle Scouts, Scoutmasters, and parents have launched a new organization vowing to keep sex and politics out of the Boy Scouts of America. “The Boy Scouts are one of the great jewels of American culture,” said John Stemberger, an Eagle Scout and the founder of OnMyHonor.net. Representatives from more than a dozen states gathered in Florida to announce the opposition to any attempt to allow open homosexuality in the BSA. The BSA is expected to offer a proposal that would remove the national rule banning open homosexuality -- and replacing it with a local option.
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I Lived Through the
Real ObamaCare
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FrontPage Magazine, by Borek Volarik
Original Article
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Posted By: Judy W.- 3/26/2013 8:20:47 AM
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In the Czechoslovak Socialist Republic all health care was free for everybody! Oh, what a paradise….well, until you actually experienced the “worker’s paradise,” as the communists proudly called it, in real life. (Snip) What do you expect from a dentist on a salary set by the state’s pay scales? How about a really ugly crown and no anesthetics (Novocain was in short supply, distributed by the state to dentists by a system of rations on monthly a basis); well, a small envelope with big money…casually left at the receptionist’s desk, would make miracles.
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The Darkness of Earth Hour
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FrontPage Magazine, by Daniel Greenfield
Original Article
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Posted By: Judy W.- 3/25/2013 12:16:32 PM
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Forget the World’s Fair, we now have a new way to celebrate human accomplishment. Instead of seeing a vision of the future, we turn off the lights and sit in the dark for an hour. Earth Hour shows how far we have come from celebrating human accomplishment to celebrating the lack of accomplishment as an accomplishment. For all the pretense of activism, environmentalism celebrates inaction. Don’t build, don’t create and don’t do– are its mandates. (Snip) Kill yourself and save the planet. Put out the lights, tear down the city
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Have We Lost America?
Hell No!
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Townhall, by Kurt Schlichter
Original Article
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Posted By: Judy W.- 3/25/2013 7:43:27 AM
Post Reply
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It’s the easiest thing in the world to be a pessimist, and the least American. We’re optimists, and as tough as things are, as many skirmishes as we’ve lost, we haven’t lost this country to the left quite yet. If you had to choose between being them or us, you’d be crazy to choose being them. We’re going to win, and America is going to rise again. Pessimism is a cop-out, an excuse to do nothing and wait for the end instead of figuratively fixing bayonets and charging head-long into the enemy.
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Desmond Tutu:
Godfather of Hell
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FrontPage Magazine, by Daniel Greenfield
Original Article
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Posted By: Judy W.- 3/25/2013 6:46:22 AM
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Desmond Tutu has been busy lately. Two weeks ago he wrote an editorial calling for the abolition of nuclear weapons. A week later he joined an international anti-tobacco campaign. Last month he condemned American drones for killing Muslim terrorists. Last summer he denounced a military-themed NBC Reality Show. A grinning and giggling social butterfly, Tutu is always going somewhere and expressing his opinion on something. One minute he’s in Myanmar and the next minute he’s weighing in on Bradley Manning. Wait a little longer and there will be a Tutu column, video or letter on climate change, the death penalty
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The Meaning and Consequences
of Israel’s Apology to Turkey
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FrontPage Magazine, by Caroline Glick
Original Article
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Posted By: Judy W.- 3/25/2013 6:31:00 AM
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US President Barack Obama was on the line when Israeli Prime Minister Benjamin Netanyahu called Turkish Prime Minister Recep Tayyip Erdogan to apologize for the deaths of nine Turkish protesters aboard the Turkish ship Mavi Marmara on May 31, 2010. For those who don’t remember, the Mavi Marmara was a Turkish ship that set sail in a bid to break Israel’s lawful maritime blockade of Hamas-controlled Gaza’s coastline. When Israeli naval commandos boarded the ship to interdict it, passengers on deck attacked them – in breach of international maritime law.
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The Wine, Women
and Song Foundation
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American Thinker, by Clarice Feldman
Original Article
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Posted By: Judy W.- 3/24/2013 8:32:31 AM
Post Reply
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I have watched over the years how publicly unaccountable foundations have amassed billions of dollars, tax free, and spend it on dangerous, leftwing, often anti-American and anti-Israeli outfits, conferences and promoters. Taxpaying citizens opposed to abortion without restrictions, open borders, balkanization of the country, erosion of their constitutional rights, dumbed down education of their children and environmental extremism are fighting opposition very generously funded by these groups. The irony of this development is that capitalists -- like Ford, Rockefeller, Carnegie, Pew -- who owed their fortunes to American free market policies, started most of these foundations.
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Most Active Articles (last 48 hours)
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We Are Living in
a Dying Country
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Rushlimbaugh.com, by Rush Limbaugh
Original Article
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Posted By: Desert Fox- 4/5/2013 4:53:10 PM
Post Reply
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RUSH: Folks, I don´t know how else to categorize this. We are living in a dying country. I don´t know how else to categorize what´s happening -- 88,000 new jobs. The unemployment rate, because of a terrible statistic, is down to 7.6%. The number of people in this country who are not working is shameful. Ninety million Americans are no longer in the workforce. Ninety million. People not in the labor force grew by 663,000, and now 90 million. That´s the labor force participation rate. This is 1979 levels.
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Why Obama´s ´Best-Looking Attorney
General´ Comment Was a Gaffe
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The Atlantic, by Garance Franke-Ruta
Original Article
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Posted By: Oblio- 4/6/2013 6:51:15 AM
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President Obama´s biggest gaffe yesterday when speaking of California Attorney General Kamala Harris was not in flirtatiously complimenting her as "the best-looking attorney general," but in introducing an observation from the system of beauty into a forum that was about the system of power.What´s that, you say? Irin Carmon does a great job in Salon in laying out the bounds of propriety for when it´s appropriate to talk about a woman´s looks as a general matter. But I´ve long felt we lack a solid theoretical underpinning for easily discussing these issues, and why precisely it is that
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Hillary Clinton Would Not
´Clear the Field´ for 2016
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New Republic, by Tod Lindberg
Original Article
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Posted By: StormCnter- 4/6/2013 5:22:36 AM
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No one is more preoccupied these days with Hillary Clinton´s 2016 plans than the Beltway political class—not even the former presidential candidate herself. To hear some tell it, her decision will be dispositive for all other Democrats thinking of entering the race. And pundits and reporters aren´t the only ones positing the "The Hillary Factor": No less than the House Democratic whip, Steny Hoyer, told BuzzFeed, “I don´t know that anybody would run against Hillary…. If she runs, she clears the field.” It´s an understandable conclusion, given Clinton´s stature in the Democratic Party and her 70 percent
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Obama critic apologizes for
his ´poorly chosen words´
on gay marriage
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The Hill [Washington DC], by Alexandra Jaffe
Original Article
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Posted By: JoniTx- 4/6/2013 12:18:19 PM
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Neurosurgeon Ben Carson, considered by some to be a potential Republican contender for president, apologized to Johns Hopkins University for the "poorly chosen words" he used in expressing his opposition to gay marriage last month.“I am sorry for any embarrassment this has caused,” Carson said in the letter, reported in New York Magazine.(Snip) "Although I do believe marriage is between a man and a woman, there are much less offensive ways to make that point. I hope all will look at a lifetime of service over some poorly chosen words.” Carson will remain as commencement speaker at Johns Hopkins,
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´My bangs are getting
a little irritating´: Michelle
Obama admits she already regrets
her high-maintenance hairdo
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Daily Mail (UK), by Margot Peppers
Original Article
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Posted By: pineledger- 4/7/2013 7:43:42 AM
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Michelle Obama has admitted that she is already tired of the bangs she first sported in January. The First Lady said in an interview with Entertainment Tonight: ´Bangs are a day-by-day proposition. They´re starting to grow out, get a little irritating.´ Still, she hasn´t let her hairdo woes get her down. ´It´s okay,´ she said after her initial complaint. ´We´ll be good.´ The first indication that her hairstyle was becoming a burden came about last weekend, when Malia, 14, was spotted adjusting her mother´s hair during the White House Easter Egg Roll.
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Hillary Clinton: The clock is turning
back for women in America
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Washington Examiner, by Charlie Spiering
Original Article
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Posted By: Desert Fox- 4/5/2013 3:25:20 PM
Post Reply
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Former Secretary of State Hillary Clinton explained to the Women in the World summit in New York today that the clock is turning back for women in America. Clinton praised her own mother for helping empower her to success and marveled at the opportunities that her own daughter Chelsea has pursued. But Clinton warned that there is still so much to do to promote women´s rights in America. "As I look at all these young women that I am privileged to work with, or know through Chelsea, and its hard to imagine turning the clock on them," Clinton said.
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White House Blames Jobs
Numbers on Sequester
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Breitbart´s Big Government, by Wynton Hall
Original Article
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Posted By: Dreadnought- 4/5/2013 8:02:58 PM
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The Obama White House is scrambling to blame Friday’s abysmal March jobs numbers on the sequester’s trimming of the rate of growth in federal budgets that have yet to fully commence. After the Labor Department announced that a mass exodus of 663,000 workers left the U.S. workforce last month and that job creation fell 112,000 jobs short of projections, Obama’s top economic adviser Alan B. Krueger, took to the White House blog to blame the sequester: It is important to bear in mind that the March household and payroll surveys are the first monthly surveys to look
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The Deafening Silence that
Signals Our Demise
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Townhall, by Diana West
Original Article
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Posted By: Drive- 4/5/2013 11:56:32 AM
Post Reply
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Get ready for the last straw. First, though, I´d like to suggest that anyone reading this column in a local newspaper or news site pat the editor on the back for publishing what in our neo-medieval world of fear amounts to a forbidden column. Yup, I am about to say something about the Great Barack Obama Identity/Eligibility Scandal again. I know that this is one rich and urgent topic that doesn´t see the light of day in certain so-called news outlets -- and I say that from the experience of watching my own syndicated columns
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Trayvon Martin´s parents
settle wrongful death claim
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Orlando Sentinel, by Rene Stutzman
Original Article
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Posted By: Desert Fox- 4/5/2013 3:15:25 PM
Post Reply
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SANFORD - Trayvon Martin´s parents have settled a wrongful death claim for an amount believed to be more than $1 million against the homeowners association of the Sanford subdivision where their teenage son was killed. Their attorney, Benjamin Crump, filed that paperwork at the Seminole County Courthouse, a portion of which was made public today. In the five pages of the settlement that were available for public review, the settlement amount had been marked out. Lower in the agreement, the parties specified that they would keep that amount confidential. When asked during an earlier interview whether the amount was
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Beyonce, Jay-Z celebrate 5th
anniversary in Havana, Cuba
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Los Angeles Times, by Nardine Saad
Original Article
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Posted By: Fiesta del sol- 4/6/2013 8:20:04 AM
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Beyonce and Jay-Z celebrated their fifth wedding anniversary in Cuba this week. The couple, who married on April 4, 2008, took in the sights of Old Havana, visited a school, dined on a rooftop terrace and strolled the fan-filled streets in their island best.(snip).The power couple declined to answer journalists´ questions about their visit to the island nation, but some outlets are reporting that the moguls are there as tourists, though that would be illegal because of the half-century embargo the U.S. has on the Communist country. However, the Miami Herald said Washington has issued special licenses for
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Obama Budget to Cap Retirement
Accounts at $3 Million
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Breitbart´s Big Government, by Tony Lee
Original Article
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Posted By: Desert Fox- 4/5/2013 9:40:39 PM
Post Reply
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The budget President Barack Obama will submit on April 10 will contain a proposal that would prohibit individuals from accumulating more than $3 million in Individual Retirement Accounts (IRAs) and tax-preferred retirement accounts. According to a White House statement, the Obama administration believes the current rules allow some wealthy individuals "to accumulate many millions of dollars in these accounts, substantially more than is needed to fund reasonable levels of retirement saving." "The budget would limit an individual’s total balance across tax-preferred accounts to an amount sufficient to finance an annuity of not more than $205,000 per
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