Cartoon of the Day:Joplin is the New Normal

Red China Blasts Obama's "Outmoded Central Planning"

Daniel J. Mitchell,Cato Institute

When I was growing up,China’s Communist leaders would attack the United States as “capitalist running dogs.”How the world has changed:Chinese leaders now publicly fret about America’s reliance on “outmoded central planning.”

Talk about being called ugly by a frog.

The Chinese official specifically was referring to [...]

How Obama is Robbing You Blind

Floyd and Mary Beth Brown,WorldNetDaily

While unemployment keeps topping news headlines this year because of the suffering felt as Americans struggle in vain for a job,under the radar a more insidious problem is resulting from Obamanomics and is robbing you blind:Inflation.

So to add insult to injury,as people [...]

Cartoon of the Day:Obamanomics Crash and Burn

Video of the Day:Obama Advisor Says You Should Leave America

Like so many in Obama’s seedy Chicago world,the man quoted in this video is not well known but travels in the top circles of influence. Quintin E. Primo III is CEO of Capri Capital Partners,a Chicago-based firm with $2.7 billion in real estate holdings,some in Saudi Arabia. With a net worth of [...]

Obama's "Stimuless"Fleeces You to Pamper Bureaucrats

Tom Pauken,Texas Workforce Commission

The Financial Times recently reported these dismal figures for private sector hiring:“Since the stimulus began,about 400,000 public sector jobs have been added (through May 2010) while 2.7 million private sector jobs were lost.” The National Federation of Independent Business (NFIB) has a study showing that small businesses [...]

Obama Debt Commission will Call for Trillions in Tax Hikes

By Floyd and Mary Beth Brown

Obama debt commission member,Republican Sen. Judd Gregg of New Hampshire,launched a scary trial balloon on ABC News. Gregg suggested the debt commission will likely recommend a massive $26.7 trillion tax increase. Here are Gregg’s actual words:

“Everything has to be on the table – there’s no [...]

Republicans Beware –Tax Trap Ahead

By William E. Saracino

The jug eared socialist in the Oval Office continues his war on our economy,and he’s getting splendid results in destroying American capitalism. How bad is it? Those of you who share my weakness for demon-rum,or better yet demon-Bombay gin,had best pour a [...]

Cartoon:Obama- Playing Economic Craps

Obama threatens to follow in FDR's economic missteps

By Amity Shlaes,Washington Post

With unemployment high and the Dow Jones industrial average bumping about,the big debate this summer is how to prevent a double-dip recession resembling that of the late 1930s. Some say Washington should spend more,arguing that government austerity triggered the collapse in 1937 [...]

Obama Making Carter Years look Like Paradise

By Matt Towery,Townhall.com

Let me first always remind readers that polls are a snapshot in time. Two years from now,President Obama could be sitting on top of the world politically. But for now,he has lost all but 38 percent approval from the critical "independent"American voters. [...]

The Unionized States of America

By Ed Lasky,American Thinker

We now live in the Unionized States of America —a phrase that evokes how Obama and company have gone into overdrive to empower their union allies at our expense. Lee O’Hanian,a professor of economics at UCLA,weighs in at the Wall Street Journal [...]

Obama’s Taking us in for a Second Dip

By Dick Morris And Eileen McGann

The increasing consensus that we are entering a “double dip” recession is seeping into the conventional wisdom,posing a further obstacle to Obama’s attempts to keep control of Congress. Even when the conventional wisdom was that the economy was slowly emerging from recession,the [...]

Analyst:Obama has U.S. economy in 'death spiral'

By Bob Unruh,World Net Daily

A new analysis of the U.S. economy shows that since 2007,the private sector has lost 10.5 million jobs while the public sector has added 720,000 jobs,creating a "death spiral"for the nation’s economy.

The study comes from The Free Enterprise Nation,a nonpartisan [...]

No One's Capital Is Safe in Obama's America

By Claude Sandroff,American Thinker

Obama’s poorly coded message to investors is to take your money out of America and keep it out. Whether through excessive taxation,suffocating over-regulation,or thuggish confiscation,the lesson to be drawn by anyone with excess capital is to look for friendlier places to put [...]

Obama Depression worsens

Vincent Fernando,Business Insider

Deutsche Bank has a new and improved index of U.S. financial conditions,and this index just slumped back towards the lows of our recent crisis.

Deutsche Bank’s Peter Hooper:

Financial conditions appear to have worsened substantially in recent quarters based on our update of the broad index of [...]

The Anti-Jobs Bill

BY JAMES C. CAPRETTA,The Weekly Standard

 Obamacare will destroy jobs

After a year of debate and legislative scheming,President Obama and congressional Democrats are making one last push for their ill-conceived health care plan. Fittingly,the endgame is as unseemly as the various maneuvers and backroom deals that got them [...]

Now Will You Tackle Terror,Mr. President?

By Judith Miller,FOXNews

It was terrorism,stupid. And yes,the economy too. Polls showed that a majority of Americans who rejected Democratic Senate candidate Martha Coakley – who? – for Scott Brown,including voters in the deceptively bluer-than-blue state of Massachusetts,thought that President Obama had mishandled both.

[...]

Obama nominates Bernanke to another term

By Ian Swanson,The Hill

Controversial decisions aplenty announced while Obama is not in DC

President Barack Obama nominated Federal Reserve Chairman Ben Bernanke to a second term on Monday,saying Bernanke had led the Fed through one of the worst financial crises the world had ever seen.

Obama still Blaming Bush

By Joseph Curl,Washington Times

Obama keeps blaming Bush

Facing the first real rough patch of his presidency,President Obama and his supporters are once again resorting to a tried-and-true tactic:attacking George W. Bush and Dick Cheney.

In his White House press conference last week,Mr. Obama referred [...]