WASHINGTON (Reuters) - The commercial real estate market has fallen more than 40 percent from early 2007 and a wave of loan failures in the next few years could threaten the economy just as it struggles back to its feet, a report from the panel overseeing the $700 billion bank bailout said. Full Story »
Thursday, February 25, 2010
'I don't count my time because I'm the President' -- Obama on why Dems had double the speaking time...
TIMES OF LONDON: Obama bores America into submission...
RAHM-IT-THROUGH STARTS MONDAY -- DEMS DECIDE TO PUSH 'THE BIG BILL'...
Pelosi: Health Reform Will Create 400,000 Jobs 'Almost Immediately'...
CNN Poll: Only 25% want Dems to pass their health bills....
McCain invokes 2008 campaign promise at summit...
President scolds Rep. Cantor for bills on desk...
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Obama, Republicans clash at heated health summit
Monday, February 22, 2010
White House: If GOP Filibusters, We’ll Pass Health Reform Via Reconciliation
Whitehouse seeks to dictate insurance policy premiums.Obama to Urge Oversight of Insurers’ Rate Increases
By DAVID M. HERSZENHORN and ROBERT PEAR
President Obama will propose giving the federal government new power to block excessive rate increases by insurers, as he rolls out comprehensive health care legislation.
Thursday, February 18, 2010
Sunday, February 14, 2010
Friday, February 12, 2010
Admitting that the nation rejected his preference for a civilian trial in New York City, President Obama will now decide where to try Khalid Sheik Mohammed, and Attorney General Eric Holder even suggested a military commission was a possibility.
Thursday, February 11, 2010
Biden: Iraq Will Be One Of Obama's "Great Achievements"
"I am very optimistic about -- about Iraq. I mean, this could be one of the great achievements of this administration. You're going to see 90,000 American troops come marching home by the end of the summer. You're going to see a stable government in Iraq that is actually moving toward a representative government."...
Pelosi aide says Democratic congressional leaders have settled on legislative "trick" to pass Obamacare; So why have a summit? UPDATED
Read more at the Washington Examiner: http://www.washingtonexaminer.com/politics/With-absolute-power_-Team-Obama-grows-stupid-83945567.html#ixzz0fFo5UNf5
Bipartisan jobs bill short on making jobs
AP – Thu Feb 11, 6:02 am ETAPWASHINGTON - There's a problem with the bipartisan jobs bill emerging in the Senate: It won't create many jobs. Full Story »
Bank bailout watchdog warns of commercial real estate crisis
Reuters – Thu Feb 11, 12:07 am ETWednesday, February 10, 2010
Monday, February 8, 2010
Saturday, February 6, 2010
Sinking the Moral High Ground
While speaking at the 2010 national prayer breakfast, President Obama invoking health care proclaimed; that “we may disagree about the best way to reform our health care system, but surely we can agree that no one ought to go broke when they get sick in the richest nation on earth.” This statement was meant to be another of the Presidents’ toothpaste ad platitudes. (Nine out of ten dentists agree) But it actually exposed his extreme adherence to the Marxist ideology which has created such a chasm between the American people and himself.
It is certainly true that the majority of Americans have no interest in seeing innocent individuals struggle, financially or otherwise. Our nature however dictates that those struggles are a part of the human experience, and it is that very nature that limits our ability to address these struggles. I don’t know anyone who wants to see people go broke for any reason, but the question is, at what and who’s expense? It is for this reason that Obama tries to wrap his agenda in a cloak of moral superiority. But there is nothing moral about forcibly limiting the individual’s ability to provide for himself and his family for the sake of political expediency.
Obama suggests that we have this “moral” obligation as a result of being “the richest nation on the face of the earth.” This is an extremely ideological statement from a man who just days earlier declared that he is not an ideologue. While it is true that The United States is the home of a fourth of the world’s wealth, President Obama implies that this wealth belongs to the state. Our current deficits show that nothing is farther from the truth. The nation’s wealth in fact resides with its private citizens. It is extremely laudable for an individual to freely commit a portion of his wealth to the service of others, but there is however no moral obligation to do so. Finally, politicians seeking to use the iron fist of government to coerce the individual into the service of others or some dictated high virtue is not morality, it is tyranny.
Anthony D Dolpies
Friday, February 5, 2010
The Senate health care bill wouldraise effective marginal tax rates on lower and middle-income singles and families up to 41%.
Windmills installed by Minnesota cities to meet the state's new mandated global warming renewable energy requirements arefailing to provide any power thanks to the snow.
The House voted Thursday to allow the federal government to go $1.9 trillion deeper in debt, an increase of about $6,000 for every U. S. resident.
Stocks worldwide suffered sharp losses as the cost of insuring Greek and Portuguese sovereign debtsoared.
Thursday, February 4, 2010
Wednesday, February 3, 2010
Federal Watchdog: TARP Program Opens Way for Deeper Economic Meltdown
(CNSNews.com) – Neil Barofsky, the man tasked with overseeing the administration of the Troubled Assets Relief Program (TARP), told Congress in a report released Sunday that the bank bailouts have cleared the path to another financial crisis -- potentially even more grave than the 2008
White House Report: First Three Years of Obama Will Bring Three Largest Budget Deficits Since World War II
(CNSNews.com) - The historical budget tables released Monday by the White House along with President Barack Obama’s budget indicate that the first three years of Obama’s presidency—2009, 2010 and 2011—will feature the three largest annual budget deficits (when measured as a percentage of GDP) since World War II...
Tuesday, February 2, 2010
Advisory: Backdoor taxes to hit middle class
Rueters has curiously pulled this story, yours truly has a copy, I will break it down in detail during my broadcast today @ 3pm eastern
Largest-ever federal payroll to hit 2.15 million
Stephen Dinan
Virginia's Democratic-controlled state Senate passed measures Monday that would make it illegal to require individuals to purchase health insurance, a direct challenge to the party's efforts in Washington to reform health care.
Monday, February 1, 2010
Defending the secret negotiations and special interest deals used to advance President Obama's health care plan, Speaker Nancy Pelosi (D-CA) told journalists: "The American people don’t care about process."
The United States will deploy amissile defense shield to protect American allies from a potential Iranian strike.
Since some states have already spent the money on the belief that President Obama's health care legislation would pass, the administration's budget includes an additional $25 billion in Medicaid funding for states - an amount that was originally part of Obamacare.
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