Showing posts with label Dangerous Economics. Show all posts
Showing posts with label Dangerous Economics. Show all posts

January 20, 2015

Endless Freebies Will Not Keep America Strong




[From article]
we have to come to terms with the very real possibility that President Obama is delusional, such as the man who does not want to see reality.
What else are we to conclude by watching President Obama behave recently?
[. . .]
It's time for a serious Democrat to publicly call him out, and tell the president of the U.S. that his main responsibility is the security of the state, not community college tuition.

http://www.americanthinker.com/blog/2015/01/delusion_in_a_president_is_very_dangerous.html

January 17, 2015
Delusion in a president is very dangerous
By Silvio Canto, Jr.

September 27, 2014

Climate Justice Fantasy Has Misguided Priorities




[From article]
China is responsible for 27 percent of carbon emissions, more than any other country, and uses as much coal as the rest of the world.
Since 1990, it has matched the United States in cumulative carbon emissions. China is representative of a developing world that is taking the global lead on emissions, at nearly 60 percent of the total.

http://nypost.com/2014/09/24/march-to-nowhere-futility-of-the-climate-protest/

The futility of the climate protest
By Rich Lowry
New York Post
September 24, 2014 | 1:18am

August 6, 2014

Is Obama Incompetent, or Is He Intentionally Destroying the Nation?


Hanson seems to believe that Obama is incompetent and trying to avoid confrontation because he weak. He says the White House made a mess. But he does not consider that the mess was made intentionally. In that case Obama is not incompetent but quite successful. If it was his intention to weaken the United States image, and to create strength in American enemies and to weaken its allies,  and the economy by bringing more and more illegal aliens to drain taxpayer funds, he is wildly successful. Hanson assumes Obama acts in good faith. There is no evidence for that. 

[From article]
Over the last five and a half years, America has had lots of clear choices, but the administration usually took the path of least short-term trouble, which has ensured long-term hardship.
[. . .]
Any time Israel’s enemies have glimpsed growing distance in the U.S.–Israeli friendship, they seek only to pry it still wider. We see just that with terrorists in Gaza who launch hundreds of missiles into Israel on the expectation that the U.S. will broker a favorable deal that finds both sides equally at fault.
[. . .]
the U.S. participated in a multi-nation bombing campaign and all but guaranteed that a failed state would be left on Europe’s doorstep. Now we have just closed our embassy in Tripoli and fled the country entirely.

http://www.nationalreview.com/article/384163/cost-american-indifference-victor-davis-hanson

JULY 31, 2014 12:00 AM
The Cost of American Indifference
By continually taking the path of least short-term trouble, the U.S. ensures long-term hardship.
By Victor Davis Hanson

November 29, 2012

Spineless Pols Will Not Act Until Their Jobs Are Threatened

[From article]
When will the fiscal cliff talks get serious? About an hour after the stock market collapses from worry. Why will rich people have to pay more taxes? For the same reason Willie Sutton said he robbed banks. That’s where the money is. Everyone else is broke.

http://www.nypost.com/p/news/business/job_stats_dismal_tax_break_safe_kb6UDbLyJhVZ9si3y8nuVN/0

Job stats dismal; tax break safe from cliff
By JOHN CRUDELE
New York Post
Last Updated: 11:40 PM, November 28, 2012
Posted: 11:40 PM, November 28, 2012

November 13, 2012

Get Ready For The Bust

[From article]
President Obama won re-election, so Bernanke will stay on to do more
damage to middle-class and poor families with his zero interest-rate
policy, while enriching those better off who play the stock market.
And that’s just the way it is gonna be.
[. . .]
Companies have been keeping profits healthy — at least, until the last
quarter — by firing workers and making other spending cuts. But
profits in the most recent quarter fell for the first time compared
with a year ago, the first time this has happened since early 2009,
according to Thomson Reuters.

http://www.nypost.com/p/news/business/traders_limber_up_for_their_race_ALiKcXCkrRkcqFvXsmJGbP

Traders limber up for their race to the exits
By JOHN CRUDELE
New York Post
Last Updated: 11:32 PM, November 12, 2012
Posted: 11:32 PM, November 12, 2012

September 17, 2012

Current Economic State Of US

http://online.wsj.com/article/SB10001424052702303561504577497442109193610.html?mod=WSJ_Opinion_LEADTop

September 16, 2012, 7:03 p.m. ET
The Magnitude of the Mess We're In
The next Treasury secretary will confront problems so daunting that even Alexander Hamilton would have trouble preserving the full faith and credit of the United States.
By George P. Shultz, Michael J. Boskin, John F. Cogan, Allan H. Meltzer and John B. Taylor

July 15, 2011

Spending Other People's Money, Minnesota's Solution

Minnesota shows that there is no will among elected officials and perhaps voters to solve the current economic woes of the country. Abraham Lincoln (1809-1865) allegedly said, "America will never be destroyed from the outside. If we falter and lose our freedoms, it will be because we destroyed ourselves." The economic problems were created from within. The same problems exist at the federal level. Minnesota's solution was not to raise taxes, (the Obama path), not to reduce spending (the Republican solution), but to borrow more money. When you are spending other people's money it is easy to forget what money is all about.

http://old.news.yahoo.com/s/ap/20110715/ap_on_re_us/us_minnesota_government_shutdown

Minn. leaders make deal to end government shutdown
By MARTIGA LOHN and CHRIS WILLIAMS,
Associated Press
July 14, 2011

May 14, 2011

What To Do In An Economic Disaster

http://www.americanthinker.com/2011/05/dealing_with_our_coming_econom.html

May 14, 2011
Dealing with Our Coming Economic Disaster
By Frank Ryan
American Thinker

March 28, 2010

Dangers of US Deficit

[From article]
"The "tipping point" we see in Greece (and the "contagion countries" on the edges of Europe) occurs when debt exceeds 100 percent of the country's GDP. That's the signal that a nation will be unable to pay its bills -- jeopardizing financial stability.
[. . .]
Pre-TARP, gross federal debt was 70 percent of GDP. It's now estimated at about 90 percent of GDP. Add in the $1.6 trillion debt liability of Fannie Mae and Freddie Mac, and we're already at that 100 percent debt-to-GDP tipping point."

http://www.nypost.com/p/news/opinion/opedcolumnists/the_dollar_danger_luL7pTDXhM8RIKyzNXFGkN

The dollar's danger
A debt-driven collapse?
By SCOTT S. POWELL
New York Post
Last Updated: 4:35 AM, March 25, 2010
Posted: 12:27 AM, March 25, 2010