Obama’s Fuzzy Stimulus Math
By: Daniel Horowitz (Diary) | September 8th at 08:50 PM |
Let’s forget the fact that Obama’s entire Stimulus 10.0 is a counterintuitive proposal that doubles down on the very failures that precipitated this speech. Let’s also disregard the fact that enshrining unemployment insurance as a permanent handout will perpetuate unemployment. And more union-induced, short-term money drops on infrastructure will do nothing but stimulate traffic jams. Let’s focus purely on the very numbers that the administration | Read More »
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Reid schedules votes before and after Obama speech to force GOP attendance
By: Dan Spencer (Diary) | September 8th at 06:37 PM |
President Obama will address a Joint Session of Congress tonight to present his new jobs reelection stimulus plan, which is all too similar to the Obmacrats 2009 failed stimulus plan. A number of members of Congress let it be known that they did not intend to show up for Obama’s presentation. Concerned that empty seats would ruin the optics for the Obama reelection campaign videos, | Read More »
Illegal Aliens Receive $4.2 Billion in Additional Child Tax Credits
By: Daniel Horowitz (Diary) | September 2nd at 01:49 PM |
Throughout the entire debt ceiling imbroglio, Democrats incessantly regurgitated the talking point about the need for “a balanced approach.” They were so uniform and synchronized that they sounded like the sheep in Animal Farm. Ironically, their idea of a balanced approach was singularly focused upon Oil Company and corporate tax deductions, which are negligible compared to the crushing debt. The targeted oil tax deductions would | Read More »
Dismal Unemployment Numbers Send Markets Tumbling
By: Brad Jackson (Diary) | September 2nd at 10:00 AM |
Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the dismal unemployment figures for August, the possibility of QE 3 and the possibility of another financial crisis. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email us, you can | Read More »
The Fed Gooses the Capital Markets
By: Francis Cianfrocca (Diary) | August 10th at 08:34 AM |
If you were watching capital markets closely yesterday, you saw a phenomenon that has rarely been seen before. I certainly never have. And it was linked to the Federal Reserve’s policy statement, released about 2:15pm Eastern time. This was an extraordinary statement, containing several rarely-seen features. The first one, of course, was the commitment by the Fed to keep policy interest rates at or near | Read More »
Roundup of the Unemployment Numbers
By: Daniel Horowitz (Diary) | August 5th at 01:28 PM |
For those who are interested in the wonky numbers of the unemployment report, here is a brief presentation of some of the more ominous figures. The latest unemployment report shows that we are living through the quintessential Keynesian economic recovery. We are not shedding more jobs at a terribly fast pace, but, instead of adding jobs by a pace of 500-800,000, we are stagnating at | Read More »
Senator Mike Lee: Time for a Balanced Budget Amendment
By: Brad Jackson (Diary) | August 5th at 10:16 AM |
Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Senator Mike Lee to discuss the debt ceiling deal, and his new book, The Freedom Agenda: Why a Balanced Budget Amendment is Necessary to Restore Constitutional Government. Then Francis Cianfrocca discusses the wild week for the markets and the latest jobs report. We’re | Read More »
The Failing Economy, the Debt Ceiling and 2012
By: Brad Jackson (Diary) | July 18th at 10:02 AM |
Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the poor economic productions for 2012, how the economy may impact Obama’s campaign and the latest on the debt ceiling debate. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email | Read More »
The Democrats and unemployment, summed up in one screencap.
By: Moe Lane (Diary) | July 8th at 11:00 AM |
[UPDATE] Jaw-dropper of the he-ran-in, then he-ran-out press conference itself: the President actually – and shamelessly – embraced the so-called “Bush tax cuts” that he campaigned against in 2008, and (extremely reluctantly) went along with in 2010. I really should add some commentary to this, but what can I say that this picture does not? The President’s eventual remarks on the job report will | Read More »
More than 14 Million Americans Still Unemployed
By: Brad Jackson (Diary) | July 8th at 10:35 AM |
Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the dismal unemployment numbers for June, a constitutional showdown over the debt ceiling limit and we say goodbye to a dedicated listener. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to | Read More »
Jobs Report Surprises on the Downside
By: Francis Cianfrocca (Diary) | July 8th at 09:39 AM |
Noted briefly: the BLS report on June employment conditions was sharply disappointing. Non-farm payrolls rose by only 18,000 jobs. This is far below the +200,000 jobs we were seeing monthly earlier this year. It undershot the expectations of private economists, some of whom were expecting at least +50,000. And it varies from the considerably more-optimistic ADP report issued earlier this week. The June number has | Read More »
Tech at Night: Amazon punishes CA, More on the FCC’s ideological lies, Marsha Blackburn: Tech Hero
By: Neil Stevens (Diary) | June 30th at 02:00 AM |
Amazon’s not kidding one bit about punishing states that attempt to punish it. After Amazon sent a last ditch warning to Associates that all California Associates would be terminated in the event Governor Brown signed the budget with the Amazon Tax in it, the Governor went ahead and did it. So, every Amazon Associate in California just got terminated, including countless small businesses scraping by | Read More »
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Say No to Baucus Trade Deal
By: Daniel Horowitz (Diary) | June 29th at 10:47 AM |
While Obama has spent the past two years pandering to leftist dictators in Latin America, he has also impeded ratification of free trade agreements with our allies. Along with Democrat leaders in Congress, Obama has refused to approve the 5-year-old trade pacts with Columbia, Panama, and South Korea unless Republicans agree to renew a trade subsidy program known as Trade Adjustment Assistance (TAA). Yesterday, Senator | Read More »
Ezra Klein & The Megamind: Lower Your Economic Expectations
By: Aaron Gardner (Diary) | June 9th at 02:30 PM |
Left wing journolister, Ezra Klein, posted an article yesterday wherein he argues that the economy will continue to suck, we should all prepare for tax hikes, and Pawlenty is lying. He comes to his authoritative conclusion by consulting an economic megamind consisting of people made famous for being wrong, and/or being tied to Think Progress, but I repeat myself. Ezra begins his article by having | Read More »
Are We Headed for a Great Recession?
By: Brad Jackson (Diary) | June 3rd at 10:00 AM |
Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the worsening job market, the stagnant economy and the effect it may have on Obama’s reelection in 2012. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email us, you can | Read More »