Recently in Economy Category
Taxation Without Representation...
February 13, 2009 4:44 PM
1,071 pages and 8 inches thick.That's how big the Obama Stimulus Package--the so-called "American Recovery and Reinvestment Act of 2009--is. It's a bill that, according to the Associated Press, stands to combine "$281 billion in tax cuts for individuals and... [continue reading...]
What Chrysler's Full-Page Ad Should Have Said...
December 27, 2008 3:43 PM
Earlier this week, Chrysler--one of America's "Big 3" automakers--took out advertisements in USA Today and the Wall Street Journal to thank America for "investing" in them.They paid $100,000 to run the full-page, color advertisements.Actually, they paid $100,000 of your money... [continue reading...]
Congress Getting $4,700 Pay Raise...
December 19, 2008 10:42 PM
Joe Biden says the economy is in danger of "absololutely tanking." Barack Obama says that the economy is "going to get worse before it gets better." $700 billion of our tax dollars went to bail out Wall Street and... [continue reading...]
It's the Economy, Stupid...
November 5, 2008 7:47 AM
Before results even started coming in last night, the networks telegraphed what they had been sitting on all day long.The "breaking news" headlines on all of the websites for the major news outlets said something to the effect of "voters... [continue reading...]
The Democrats are Coming for Your 401(k)...
October 31, 2008 2:15 PM
Have you looked at the value of your 401(k) retirement account recently?If you're anything like me, you probably haven't. You don't want to see the uncontrollable hemorrhaging going on with the money you're saving for your retirement someday.I logged in... [continue reading...]
The Bailout: You Lose...
October 4, 2008 4:23 PM
As you're probably aware, both the Senate and the House passed the Bailout Bill this past week and President Bush signed it into law.Congratulations, America!With the advent of that minimum $800 billion legislation, you get to pay for the following--with... [continue reading...]
What Caused the Economic Crisis?
September 26, 2008 5:47 PM
UPDATE II: The embedded video has been updated to the new, non-copyright infringing version...UPDATE: This video has been removed by YouTube due to a copyright claim by the Warner Music Group, presumably over the music playing in the background of the... [continue reading...]
McCain to Suspend Campaign over Economic Crisis...
September 24, 2008 4:06 PM
Sen. John McCain has announced the temporary suspension of his campaign to go back to Washington and work with the Senate on the current economic crisis facing the country.John McCain's Remarks on the Economic Crisis New York, NY Wednesday, September... [continue reading...]
Five Misconceptions About the National Debt...
September 12, 2008 2:31 PM
Most people don't truly understand the deficit or the national debt. The terms are used somewhat interchangeably by the vast majority of Americans when, the fact is, they are two totally different animals.Democrats want us to live in fear of the debt,... [continue reading...]
To Drill or Not To Drill?...
August 1, 2008 11:32 PM
That is the question, indeed.It would seem that the Democrats can't get their act together on how to answer it today, too.On one hand, you have Speaker of the House Nancy Pelosi adjourning the House for the five week summer... [continue reading...]
