8/21/2010 – Jeffrey Folks -
Revised numbers from the Labor Department show negative job growth during June 2010. For each job opening, there were five persons looking for work, and 300,000 fewer workers were hired in June than in May. The ride down continues.

Meanwhile, Treasury Secretary Geithner, erstwhile cheerleader for the Obama economic team, announces that unemployment rates could rise “for a couple of months.” “Of course we want to do what we can,” says Geithner, but what we’re doing is just not working. more »

8/20/2010 – Andrew Malcolm –
Just a few minor things to catch up on for the weekend now that the Fundraiser-in-Chief has gone on another vacation (Don’t worry though. White House chef Sam Kass went along, so the first family need not eat ordinary human food.)

– The Congressional Budget Office says the 2010 federal deficit will be in excess of $1.3 trillion, as in $1,000,000,000,000+. (BTW, the next level we’ll be talking about out of Washington is quadrillion, which has fifteen 0’s.)

– Despite Vice President Joe Biden’s April boast that administration stimulus spending would spur the economy to add a half-million jobs a month by now, initial unemployment claims jumped a half-million last week, the worst since last November, as national unemployment remains at 9.5% and the economy sheds 131,000 more jobs. more »

8/19/2010 – Chris Banescu –

America’s economic situation needs an emergency heart transplant, but Obama and the Democrats keep offering band-aids instead. We need a major change in government economic, tax, and fiscal policies not more government bailouts. Yet the president is doing nothing to reverse the enormous uncertainty fostered by his own administration’s aggressive anti-business and pro high-tax initiatives and rhetoric.

In the latest indication that our president has no clue why businesses are struggling and unwilling to hire, Obama is trying to force through another $30 billion government bailout program to “help banks boost lending to small businesses.” Unfortunately, it’s not the lack of available funds that are stopping businesses from expanding and generating new jobs. It’s the massive economic uncertainty and instability created by misguided government mandates (especially the oppressive regulations of ObamaCare), coupled with the massive tax increases coming in January 2011, that have spooked companies and forced them into defensive economic positions. more »

8/14/2010 – Frank Burke -
While it is not yet known whether “the rise of the oceans began to slow” since the nomination/election of Barack Obama, it is clear that Lake Michigan hasn’t, thanks to the recent infusion of more than two billion gallons of raw sewage, courtesy of the City of Milwaukee. This is a not-uncommon occurrence due to the fact that the city’s storm and sanitary sewers are one and the same and, despite a massively expensive “Deep Tunnel” reservoir, a heavy deluge not only impacts the lake, but causes a backflow into thousands of local homes. Another storm in June of 2008 resulted in a 2.9-billion-gallon spill. more »

The “gift” of criminal illegal immigrants keeps on giving. This is an outrage of massive proportions. Obama must seal the BORDER! Congress must ACT NOW to protect the American people! This kind of travesty cannot continue.

Tito Guirao-Aguilar

8/5/2010 – Dave Gibson -

Police in Williamsburg, Va., have arrested a juvenile, whose name is being withheld due to his age for repeatedly raping a 6-year-old girl. His arrest comes after two others, Tito Guirao-Aguilar, 39, and Samuel Eli Jacobo-Guirao, 20, were apprehended for victimizing the girl.

Guirao-Aguilar has been charged with three counts of aggravated sexual battery of a person under the age of 13, and Jacobo-Guirao is charged with one count of rape of a person under the age of 13 and two counts of aggravated sexual battery of a person under 13.

Both men are being held in the Virginia Peninsula Regional Jail without bond. Immigration and Customs Enforcement has also placed a hold on them. more »

8/3/2010 – Monty Pelerin -
Inflation is the inevitable ending of this awful economic crisis. The only questions are how much and when.

A rising number of supports champion inflation as a salvation strategy. Richard Russell in a recent newsletter provides the rationale (emboldening by Mr. Russell):

In my opinion, the US MUST default on its debt. There are two ways to default. One is simply to renege on the debt … The other way to default on the debt is to inflate it away. I’m absolutely convinced that this is the path that the US will take. If the US inflates enough, then over time (many years) the devalued dollar will tend of reduce the power of the debts.

more »

7/25/2010 – Al Boese -
Our poverty and debt burden is wearing us down, our confidence is waning and we see no path out of the morass. Individuals and businesses are faced with unprecedented uncertainty. We are the deer in the headlights; just standing there, stationary and static in our behavior. As we survey the landscape, we view crumbling infrastructure, businesses are choosing not to invest in growth, sitting on $1.8 trillion of cash, some of our neighbors’ houses are either foreclosed or in a short sale because they are under- or completely unemployed, or recklessly indebted. Small businesses are not able to obtain or maintain working capital credit lines and they are uncertain of the next regulatory volley from the government, so they refuse to hire or grow. Furthermore the elephant in the room, porous borders and illegal immigrants, are scandalously and recklessly ignored or politicized. more »

7/21/2010 – Dan Gorski -
The Department of Defense has sounded an alarm about our access to a strategically vital group of metals called the rare earth elements. A report on the problem prepared by the GAO is not pretty. It concludes that the Chinese now control the production, processing, and manufacture of final products of these vital metals and now own the patents for many of these processes. more »

7/15/2010 – B. Chrysostom -

A new video produced by RightChange.com highlights the reckless incompetence of Obama’s lack of leadership and effective response to the BP oil spill disaster. Using images, video clips, and information about Obama’s activities in the 70 days since the BP Deepwater Horizon rig exploded and sank in the Gulf of Mexico. The video timeline is a powerful condemnation of Obama’s inability to act as President, deal with reality, and help with this massive crisis.

The video correctly blames Obama for not being ready to lead and lacking the necessary experience and ability to lead. It concludes with a call to action:

We need real leadership for America.

Help us elect and support new leadership this November.

Here’s part of the devastating timeline the video documents:

Day 1: The BP Deepwater Horizon oil rig explodes, killing 11 workers.

Day 3: The Dutch government offered the world’s most advanced oil skimming technology. Citing the Jones Act, “He [Obama] says… No.” …to protect his union buddies. more »

Wayne Allyn Root

7/4/2010 – Wayne Allyn Root -

As former President Ronald Reagan might have said, “Obama, there you go again.”

The current occupant of the White House claims to know how to create jobs. He claims jobs have been created. But so far the score is Great Obama Depression 2.2 million lost jobs, Obama 0 — a blowout.

Obama is as hopeless, helpless, clueless and bankrupt of good ideas as the manager of the Chicago Cubs in late September. This “community organizer” knows as much about private-sector jobs as Pamela Anderson knows about nuclear physics.

It’s time to call Obama what he is: The Great Jobs Killer. With his massive spending and tax hikes — rewarding big government and big unions, while punishing taxpayers and business owners — Obama has killed jobs, he has killed motivation to create new jobs, he has killed the motivation to invest in new businesses, or expand old ones. With all this killing, Obama should be given the top spot on the FBI’s Most Wanted List. more »

Steve Wynn

6/27/2010 – Chris Banescu -

In a recent interview, Steve Wynn, the successful American casino resort and real-estate developer, made some shocking observations about the unstable and aggressively anti-business atmosphere in America perpetuated by our own government. In his interview with CNBC, Steve expressed the nightmarish situation that US companies face due to the arbitrary, punitive, and misguided manner in which legislators in Washington, DC continue to endlessly tax and regulate businesses in America, while our economy continues to suffer and deteriorate.

In a criticism clearly directed at President Obama and the Democrats, Mr. Wynn focused on the key reason why America is now less stable and less business-friendly than even China: our own incompetent government in Washington! He explained how China now offers more political stability, more opportunities, and much more business-friendly environment than the United States: more »

Steve Wynn

6/25/2010 – Chris Banescu –

Steve Wynn, the American entrepreneur and casino resort/real-estate developer, was recently interviewed by CNBC for the opening of his new Encore Beach Club in Las Vegas. During the questions and answers session with the correspondent, the billionaire business owner addressed some of the most serious problems American companies face and the incompetent manner in which politicians in Washington, DC are handling the economic situation and the unpredictable manner in which they continue to aggressively punish US businesses.

In the interview Wynn talks about the lack of common sense that has disappeared in Washington and the completely out-of-control spending that is fueling the massive national debt:

“It’s common sense that’s disappeared in Washington DC. It’s common sense that’s disappeared in the years of 7 and 8 in America. We’re inheriting the awful results, both in our government … of wild, uncontrolled spending, unbelievable, unsustainable debt.

And yet, here we are, doing it again, $20 billion a month to the FHA. On top of what happens to Fannie Mae and Freddie Mac. We’re doing it again today for $20 billion a month! We’re destroying the housing market, again; under the name of a stimulus, phony misrepresented names.”

more »

6/25/2010 – B. Chrysostom –

Governor Jan Brewer has just released another video message where she, once again, speaks out against Obama’s complete failure to secure the US borders and help Arizona control the massive illegal immigration invasion plaguing that state.

Governor Brewer takes on Obama’s lies that “our border is as safe as it has ever been” and she challenges the President to do his constitutionally mandated job of securing our borders and protecting the citizens of Arizona and of the United States.

This conservative woman has the guts and determination to challenge Obama’s incompetence and dereliction of duties.

May God bless Gov. Brewer! America needs more governors and leaders like her to speak the truth, use the media to send the message to Obama that his lies and failures will be challenged, and help us rescue America from the radicals in Washington who are destroying our country. more »

Active Drug and Human Smuggling Area - Arizona Warning Sign

6/19/2010 – Isaac Martin -

It was an edge-of-the-radar-screen news story that I happen to notice, surfing the Fox News web site. The story was about the Buenos Aires National Wildlife Refuge, which is located west of Douglas, Arizona and its southern boundary is adjacent to the Mexican border.

According to the report, and refuge website, 3500 acres have been posted off limits to visitors, due to the presence of drug and human smuggling. Rather than dealing effectively to secure the border, Federal officials have ceded 3500 acres to drug cartels and smugglers. Granted, that acreage is only three percent of the 118,000 acre park and no doubt a small area which no one will really miss viewing.

This off-limits must also infer it’s OK for illegal aliens and criminals to tramp through a wildlife refuge, destroying the pristine environment with dead bodies, discarded clothes, empty food packages and bathroom tissue, because the government won’t enforce environmental laws, let alone border security. more »

6/17/2010 – Erick Erickson -

Perhaps it is because his chief speechwriter has spent the crisis playing beer pong in Georgetown bars. Perhaps it is because while embracing peak oil, the oil spill never piqued his blue state interests since it affected red states.

Whatever the reason, Barack Obama gave the most depressing Oval Office speech since Jimmy Carter’s malaise speech. He didn’t just embrace defeat, he wore it on his suit as a substitute for an argyle sweater. He tried to sound upbeat in the way a cop in a movie might sound when his partner lay mortally wounded and the cop needs to get the partner’s wife to the hospital without letting her know her husband is dying. It was a false optimism with Barack Obama distracting Americans in a game of three card monte.

The best summation of the speech comes from our own Caleb Howe, who tweeted, “Let me be clear. Some oil spilled. But Katrina. And make no mistake. I’m having meetings. In conclusion, something about China. Windmills!” That, ladies and gentlemen, is the President’s whole speech in 140 characters. more »