“It was the best of times, it was the worst of times,” and two States, South Dakota and Wyoming are headed off in two different directions. South Dakota, while heavily dependent on federal tax dollars, is contemplating the…
A Tale of Two States
Tag: Economy
Obama’s Amazing Shrinking Workforce
That amazing Obama has found a way to improve the jobless numbers seemingly effortlessly, albeit falsely. Just last week, the White House claimed that unemployment dropped for the fifth consecutive month to 8.3 percent. They further claimed that the…
Debt Skyrockets, Growth Plummets Under Obama
Obama’s performance review; skyrocketing debt and near-negative growth. Yet he wants us to rehire him. Here are FACTS, and they are indisputable: The economy slowed down in 2011 according to new data released by the Bureau of Economic Analysis (BEA). …
Federal Reserve Wields Power Worldwide
The power wielded by unelected bureaucrats at the Federal Reserve is brought to bear worldwide. Their latest intervention in the global economy made it cheaper for Europe to borrow dollars, thereby propping-up Europe’s tottering banks and left-wing economies such as…
Progressive Liberal Schumer is Optimistic
Big government progressive liberals, led by Senator Charles Schumer (D-NY), says the political landscape has shifted dramatically from the 2010 election and predicts that Senate Democrats will hold their majority and might even expand it next year. Democrats now have…
Candidates Thanksgiving Family Forum in Iowa
The Family Leader, a Christian family advocacy group, hosted the Thanksgiving Family Forum for the GOP candidates in Des Moines, Iowa on Saturday, 11/19/2011. Six of the GOP presidential hopefuls sat in the sanctuary of First Federated Church last night…
Obama’s Bailout for Underwater Mortgage Borrowers May Cause More Bank Bailouts
Obama’s new $7.4 billion plan to let underwater mortgage borrowers bailout (refinance at investors’ expense) is likely to cause more bank bailouts. The latest scheme will have the effect of rewarding some for buying homes than they could not really…
Occupy Wall Street Came To Rapid City
On Saturday 10/15/2011, Occupy Wall Street Came To Rapid City. I visited their event which was centered around the new Main Street Square in downtown Rapid City, South Dakota. It appeared that some 40 or so folks were in attendance,…
Obama’s Economic Ignorance
Obama’s Economic Ignorance Not long ago there was speculation that President Obama was not a native born citizen. I was not a “birther” but I am beginning to think that he is either an alien (as in extraterrestrial) or he…
U.S. Treasury options to avoid default
The U.S. Treasury Department has options available to it right now to avoid default in the short term and provide the time required to engineer a long term solution to the problem of unrestrained government spending. The U.S. does not have…