Analyst,The Fed Will Re-Elect Obama in 2012

Patrick Allen,CNBC.com

As we approach next year’s presidential elections,the chances of President Barack Obama being ousted by a rival from either side of the political divide are low,according to Thanos Papasavvas,the head of currency management at Investec Asset Management.

“History is very much on the side of the incumbent president [...]

The “New Normal”is Unacceptable

Susan Stamper Brown,FloydReports.com

We’ve heard a lot of pep-talks recently that it might be time to for Americans to reduce their living standards and expectations in order to accept the “New Normal” that is inevitable if Washington’s reckless spending spree on the taxpayer’s dime continues.

It’s difficult to grasp the notion that citizens [...]

Obama’s Next Plan to Secure the Border:Video Games

Mickey McCarter,Fox News

After spending $1 billion on a virtual border fence that it does not plan to complete,the Department of Homeland Security (DHS) is investing another $1.6 million to test video game technology to help improve its decisions on where to spend its border security funds.

In January,citing missed deadlines [...]

Defense Secretary Proves Obama Set to Slash Defense Spending

Donna Cassatta,The Idaho Statesman

President Barack Obama’s choice of expert budget-cutter Leon Panetta to lead the Defense Department is a clear signal that the White House perceives the nation’s deficit crisis,not the wars in Iraq and Afghanistan,as its toughest challenge.

After winning the presidency in November 2008,Obama asked Robert Gates [...]

Cartoon of the Day:A Birth Certificate Makes Everything OK!