Analysis of the numbers shows that Obama's taxpayer-funded bailout of auto companies went directly into the pockets of UAW workers.
ECONOMY:
I agree with Kudlow we're in a recession, but I don't think we ever got out of the 2008 recession. The phony increases in the GDP statistics and the stock market were created by the Fed printing money, not an increase in production.
More people around the world think China is the world's leading economy than the US. They might be right. We won't know for sure until after the impending crash.
TAX AND SPEND:
US governments, federal, state and local, are projected to add three times more debt than the eurozone over the next five years. And you think the eurozone is dragging down the US economy. The opposite is true.
Our debt is bigger. It's growing faster. Our economy is smaller. What's going on in the eurozone is just the warm-up act for the real economic collapse coming to the US soon. And it's already in the pipeline. The best we can do is mitigate this disaster by dramatically reducing the burden of government in the US. We can't avoid it. The May budget deficit was double what it was last May. It's important to remember than when we talk about US debt and spending, US Treasuries are at their lowest yields in history because investors fleeing Europe are buying them as a temporary safe haven. That won't last. The same is true of the dollar. Our budget and economic problems are war worse than they appear.
Sherrod Brown claims government creates jobs.
Republicans share much blame for food stamps.
Maryland is going the way of California.
REGULATION:
Spain lifts ban on advertising for brothels to stimulate the economy. Clearly they understand that regulation harms the economy, if too late.
Remember when Obama claimed he was a low-spending president? Here's the real story on spending. Now he claims his administration orders fewer regulations than previous administrations. This guy makes Bill Clinton look relatively honest.
EDUCATION:
Socialist ideas are as American as apple pie. Spoiled, poisonous apple pie, but apple pie nonetheless.
HEALTH CARE:
As many of us reported would happen, Obamacare will drastically increase health care spending. How could it not?
GLOBAL WARMING AND ENERGY:
James Hansen's 1988 climate prediction wrong by 150 percent. That's a firing offense. Can you imagine if a bridge builder was off by 150 percent?
Green policies increase poverty just like many of us have said all along.
POLICE STATE:
US spies have most likely infiltrated Microsoft. Why stop at Microsoft? Why not Google, Apple and Cisco too?
ILLEGAL IMMIGRATION:
Obama panders to illegal immigrants by suspending deportation of some. Clearly he hopes to win the illegal immigrant vote which is also why he's suing Florida to stop them from purging illegal immigrants and dead people from the voter rolls.
WAR:
Pat Buchanan on Obama's security leaks.
FOREIGN POLICY:
Egypts vote-rigging system is in full force, no doubt supported by the US.
Russia is sending Syria defensive air and sea missiles. The US and NATO screwed Russia in Libya, and Putin wants to make sure if they try that again in Syria, it's costly. The US is foolish to instigate a conflict with Russia.
"America’s most vital national security concern is to maintain calm, productive relations with Russia.
The reason is obvious: Russia and the United States have thousands of nuclear warheads targeted on each other. Many are ready to launch in minutes. Compared to this threat, all of America’s other security issues are minor.
Avoiding confrontations with a major nuclear power is obvious. Yet the United States and Russia are ignoring such common sense in their increasingly heated war of words over Syria’s civil war.
The US and its allies have been actively trying to overthrow the Assad regime in Syria for over a year. They have been pouring arms, money, communications gear and fighters into Syria to take advantage of a popular Sunni uprising against the Alawite-dominated regime."Hubris.
"Now, the US is back playing the Great Game in the Caucasus while the Georgia feud still simmers. This time it’s in oil-rich Azerbaijan, which has become a key American and Israeli ally. The Baku regime just bought $1.6 billion worth of Israeli arms.
Azerbaijan and Armenia, a close Russian ally, have been warring for a decade over disputed Nagorno-Karabakh. This obscure conflict is heating up again as Russia and the US back opposite sides.
CIA has been busy for some time trying to stir up Azeri separatists in northern Iran. The US and Israel might use Azerbaijan as a base to attack Iran."More Hubris. Pat Buchanan compares the war in Syria with the Spanish Civil War which ended up being a precursor to WWII.
Iranian says Islamic countries must have a nuclear bomb to deter aggression from the US and Israel. He's undoubtedly right, but that doesn't mean the Iranian government is pursing a bomb right now.
POLITICS:
Another story about Obama's family history seems like a lie.
Apparently people in Muslim countries are disillusioned with Obama too.
Democrats strategists tell Obama to stop talking about the economy because nobody believes it's getting better.
Lobbying correlated with bad business. Of course. Think TARP.
MEDIA:
NBC does first story on Fast and Furious, dismissing it as a Republican political gotcha.
Joy Behar wants to see one of Romney's houses burn down. I guess that would be a stimulus program for firefighters.
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