Category Archives: Economy

Reid Refuses To Allow Vote On Obama’s Fiscal Cliff “Plan”

One can always count on some funny stuff from Harry Reid (Weekly Standard) Senate majority leader Harry Reid is denying the Senate the chance to vote on President Barack Obama’s proposal. Reid calls Minority Leader Mitch McConnell’s request to vote on the plan a “stunt.” “I reserve the right to object. I just a minute […]

Washington Post: “Hey, Obama’s Fiscal Cliff Plan Is Rather Disingenuous, Eh?”

Late yesterday, the Washington Post editorial board determined that the “Opening bids on ‘fiscal cliff’ talks are too small“. After spending most of the opening part of the editorial attacking John Boehner’s opening bid (surprising, eh?), we learn What’s worrisome, though, is that the two sides are slipping into a kind of tacit agreement to […]

Obama’s Keeping A “Naughty And Nice” List

Yet another “enemies” list for the most polarizing president ever (via The Lonely Conservative) “Joe Biden was in Costco and he wanted to buy some of this stuff, but I told him he had too much work to do. I wasn’t going to have him building roller coasters all day long. Now, of course, Santa […]

Obama’s Fiscal Cliff Offer: Tax And Spend

An unserious proposal from an unserious president (Politico) Treasury Secretary Timothy Geithner’s fiscal cliff proposal to Republicans Thursday was rejected out of hand, but offered a window into President Barack Obama’s priorities in the fast-evolving budget talks. In the plan, sources said, Geithner proposed a two-step process to ultimately achieve about $1.6 trillion in new […]

Leadership In The Obama Era: A PR Blitz On The Fiscal Cliff

This is what you get when you elect a community organizer with no executive experience to replace the complete SCOAMF who was in office from 2009-2012 (Washington Post) The White House signaled Tuesday that it will try to marshal the momentum from President Obama’s reelection triumph into another victory at the negotiating table, launching a […]

White House: Social Security Should Be Off Limits In “Fiscal Cliff” Talks, But Won’t Show Their Plan

Other than raising taxes and gutting the military, is there anything Team Obama is willing to discuss? They’ve already shrieked that Obamacare is off limits, even though it is another in a long line of entitlement programs that can’t be paid for (CBS News) It appears another issue of disagreement has surfaced in regard to […]

Horror: Hostess Files For Bankruptcy, Shutters Business

Nanny Bloomberg is probably a happy nanny today as Hostess brings Halloween to mid-November (WRAL) Hostess Brands Inc. filed for bankruptcy early Friday, announcing it has shuttered operations and ended production of the snack cakes and breads known to generations of Americans. The Texas-based company said in a statement on its website that it will […]

People’s Republik Of California Now #1 In Poverty

The brokeyest broke state in the nation (which means it is also one of the brokeyest broke entities in the world, as it has the world’s 8th largest economy) has long served as the place where the far left has conducted field experiments for their policies. How’s that working out? Neil Munro tells us (Daily […]

Stimulus Recipient ReVolt Technology Files For Bankruptcy

Yet another Obama backed company down the tubes The parent company of a taxpayer-backer battery technology company has filed bankruptcy in a Norwegian court. Portland-based ReVolt Technology, whose parent company is in Norway, said last month it would file bankruptcy because it had been unable to raise new capital or find a buyer. The company […]

Obameconomy: Layoffs And Closings Continue

Let’s be clear: not every layoff, bankruptcy, and closing can be laid at the feet of Obama, his policies, and those of Democrats. These happen even in times when the economy doesn’t suck. But, you can polish a turd, it’s still a turd, and this economy is a turd (via Daily Jobs Cuts) Update: DuPont […]

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