Democrats in Denial About the Downgrade

Susan Stamper Brown,FloydReports.com

It has been said bad news does not get better over time.

I once knew a lady who discovered a lump in her breast,but ignored it until it had metastasized. She finally sought medical help when she reached the point that she could no longer ignore the pain. Initially,[...]

Cartoon of the Day:What a Beautiful Day for Hiring

The Dirty Dozen Democrats Who Could Have Prevented the Downgrade

William E. Been,FloydReports.com

While watching the debt ceiling increase by $2.4 trillion just to cover spending until the next presidential election,the scam perpetrated on the American people could not have been any more obvious. While the Republican-controlled House of Representatives negotiated with itself for weeks in an attempt to propose something that [...]

Bernanke,the Wizard Behind Obama’s Sham Economy

Dr. Mark W. Hendrickson

On July 11,The Center for Vision &Values posted my article decrying the insulting name-calling directed toward Federal Reserve Board Chairman Ben Bernanke. The very next day,Bernanke made me question my forbearance by telling Congress that a third round of “quantitative easing,” or “QE3,” could be a near-term [...]

Video:Small Businesswoman to Obama,Stop Whining and Apologize,You Failure

As the economy slips into unprecedented territory,Barack Obama’s refusal to take responsibility for his actions have warn Americans’patience beyond the breaking point. After S&P downgraded the nation’s credit rating Friday evening. a small businesswoman sent the president an unmistakable message:quit blaming everyone else and apologize to the American people for your abject [...]

Obama Turns 50,America Turns Gray

Michael Reagan,FloydReports.com

Like everybody else,presidents have birthdays and have a right to celebrate them and invite others to join them in the festivities. But taking advantage of the occasion to bash the rich and then charge some of them a whopping $40,000 to be able to sit near him as he observes [...]

Video:How Many Times Has Obama Promised to “Focus on Jobs”?

Cartoon of the Day:Obama Takes the Economy for a Cruise

How to Make America a Country that Produces Things Again

Tom W. Pauken

This factory is in China,but it doesn't have to be.

America faces its most serious economic crisis since the Great Depression. While the finance economy has improved somewhat since the bursting of the credit bubble in 2008,the labor market economy continues to languish with the national unemployment rate officially [...]

Cartoon of the Day:Obama’s Plan to “Grow”the Economy

Could You Survive Another Great Depression?

Dr. Paul Kengor,FloydReports.com

I just read two very interesting articles on the U.S. economy,written from historical perspectives. They compelled me to share my own historical perspective. And what I want to say is more about our changing culture than our economy.

One of the articles,by Julie Crawshaw of MoneyNews.com,notes that [...]

The “Gang of Six”Deal is the Antithesis of Reform

Floyd and Mary Beth Brown,FloydReports.com

The media frenzy over Republican Senators and Barack Obama making nice over the debt ceiling crisis exposes for all Americans to see the extent to which both parties are aligned with Wall Street interests,and against the interests of Main Street and small business. The subject of this [...]

Feigning Powerlessness to Retain Power

William J. Olson,FloydReports.com

There once was a time that elected leaders wanted to be seen as powerful to gain the confidence of their constituents. But many House Republicans,who now have in their hands total power to end runaway government once and for all,are feigning powerlessness.

These House Republicans claim to be [...]

What Are Obama’s Chances in 2012? Not Good

Matt Mackowiak,FloydReports.com

Presidential reelection campaigns are always about the incumbent — serving as a referendum of that President’s performance in office and the results of their policies. It’s a choice election. It’s not about the challenger. What the incumbent tries to do is to make the other “choice”unacceptable,resulting in the incumbent’s [...]

Weiss Downgrades U.S. Debt! What to Do….

Money and Markets

Weiss Ratings has just downgraded the debt of the United States government to a C-minus — approximately equivalent to a BBB- rating by S&P,or one notch above speculative grade (junk).

This is critical for you.

As I’ll explain today,regardless of the outcome of the debt debate now raging in [...]

Gold Isn’t Money? Say What?

Floyd and Mary Beth Brown,FloydReports.com

Gold isn’t money? How could America get to this point we asked in astonishment upon hearing the Chairman of the Federal Reserve proclaim,“Gold isn’t Money.”

No wonder our leaders in Washington misspend our money. They don’t even understand what it is.

For those of you without a [...]

Going Galt:Obama’s Employment Line Worst Since 1948

Basil Irwin,FloydReports.com

The following chart is published by The Business Insider at Chart of The Day:

This chart compares the progress of unemployment levels for recessions prior to 1948 by using the nadir of unemployment as the zero point in time for each depression. Thus one can compare the relative progress of employment [...]

Who Owns Your Money:You or the Government?

Susan Stamper Brown,FloydReports.com

Ever heard the phrase,“Perception is reality?”To the honest person,understanding this concept can inspire you to excel. To the dishonest,perception becomes the mask under which lies vulnerability or perhaps a more sinister reality.

This is true in the court system,as we have witnessed this week with [...]

Even the Fed Can’t Save Obama

Dr. Mark W. Hendrickson,FloydReports.com

As chairman of our country’s central bank,the Federal Reserve Board,Ben Bernanke is expected to put the economy on a sound footing and foster strong economic growth. Unfortunately,Bernanke faces “mission impossible”—partly because the policies implemented by Congress,the president,and bureaucrats account for much of what happens [...]

Even Dollar Stores Are Struggling in “Obama Depression”

CBS News

More stores across the U.S. that offer deeply-discounted products are seeing their sales decline after years of growth amid America’s “Great Recession” — and one analyst said on Monday it’s another sign of even deeper downturn.

While the demand at stores like the 99-Cent Store or Dollar Tree is still relatively high,[...]