DNC Delegates: At Odds With Obama Over Taxes
Yes indeedy–you read that right.The Obama campaign responded by attacking the DNC delegates for hewing so closely to the discredited economic beliefs of the Bush-Cheney-McCain Administration. “This isn’t change,” remarked David Plouffe. “This is more of the same!”**I made this paragraph up. But admit it: It’s plausible.
Obama taxing his way to higher oil prices
The pitch for putting some of the economic burden of $4-a-gallon gasoline on the oil industry served a dual purpose for Obama: It allowed him to talk up an economic issue, seen by many as a strength for Democrats and a weakness for Republicans. – As the Headline read out of Florida on Friday.The “pitch” being referred to above is Democratic presidential candidate Barack Obama’s | Read More »
Tags: Barack Obama
, big oil
, tax credit
, Windfall Profits
The Sobbing Clinton Supporter
Yesterday, virtually any of you who listened to talk radio at all must have heard the CNN interview with a distressed Hillary supporter after the primetime speech at the convention. One thing that particularly struck me was the woman’s insistence that Hillary was going to give us the jobs and the economy we deserve. Every time I get wobbly on the entitlement state (because I’m | Read More »
The Truth About The Economy
Here’s some shocking economics for you…The US ranks #1 among all nations in terms of GDP. The nations that rank #2 and #3 are two countries that the US defeated in WWII and then rebuilt in America’s image: Japan (#2) and Germany (#3). Just the difference between the US at #1 and Japan at #2 ($9.4 trillion) is greater than the bottom 158 countries COMBINED. | Read More »
“Shhh! Americans Getting Richer”
And amazingly enough, if you point this out, people get huffy and accuse you of being out of touch.
“Can We Drill Your Brains?”
I didn’t think it was possible, but apparently, Nancy Pelosi has set the art of trash-talking back half a century or so.
Economy and Job Creation
We the hard working tax payers are in a tight spot.The administration that promised to keep us safe from some foreign bandits, allowed another type of super bandits to raise the price of the oil and therefore gasoline.In the process the administration became indebted to the eternal bandits called Communists.Now the indigenous bandits want to drill more oil here which will not decrease even 10% | Read More »
Joe Biden’s Record On Trade
Aptly summed up by Dan Griswold: “For a senator who prides himself on his foreign policy experience, Biden’s record shows great ambivalence about American participation in the global economy.”That’s just not good enough anymore. We deserve, as a country, to be more prosperous than people like Joe Biden would have us be.
Warren Buffett: 1% GDP Growth Is Enough
That’s what Buffett–one of Barack Obama’s economic advisers–says. Wonder if Obama believes that to be true. We are experiencing that degree of slow growth right now which means that according to Buffett–and perhaps according to Obama–this is the best that can be expected from us.Obama, of course, attacked John McCain for saying that the fundamentals of the country’s economy are strong. Well, they are. But | Read More »
Obama/Biden’s war against the Average-American family
I’m not a class warfare type. But Obama’s Robin Hood mentality and misguided liberal policies are a danger to the proverbial “middle class” in particular. Let’s look at the fictitious statistical average American family.Mr. and Mrs. Average-American have some small savings in the stock market. By doubling the capital gains tax, Obama hurts everyday small investors. These parents saving for their child(ren)’s college tuition just | Read More »
Frank Rich Doesn’t Deserve A Job Writing For A Major Newspaper
Or even a minor one. Here is why.Really, this is embarrassing stuff, even when one considers that it is Rich doing the writing. It shows no understanding whatsoever of the nature of international competition, the state of affairs in China, how China will be able to compete in and influence the world or the underlying strengths that continue to buttress America even in tough times.Oh, | Read More »
The Moderating Of Inflation
Ben Bernanke thinks that price pressures are easing up because of the strengthening of the dollar, the recent drop in oil prices and the weak overall economy. Let us hope that he is right; a stagflationary situation is scary beyond measure to think about. I suppose that it is too much to ask that we get another rate cut, given that inflationary pressures still exist | Read More »
The Corporate Tax Situation Worldwide
Take a look. If people really are serious about keeping jobs in America, then corporate taxes ought, at the very least, to be cut significantly. Otherwise, we are getting the short end of the stick when it comes to being able to compete with the rest of the world in attracting business activity.