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Entries in Economy (175)


Daily Grind: The Spin King Obama 

Too Hot Not to Note: The Spin King
It seems that even across the pond, Barack Obama's popularity is dwindling.


The Government Takeover of Everything Continues
You've got it all wrong. This plan is more fascist than socialist!


Stop Lying B(L)S!!!
Department of Labor's Bureau of Labor Statistics refuses to show that America's Economic Knight, Barack Obama, has created jobs and staved off more unemployment.


ALG Research Appointment Watch
New! Americans for Limited Government's top-notch research division highlights three Obama Nominees with colorful histories.



NetRight Daily: Sotomayor, the Economy and Hate Crimes 

Fellow Bloggers,

NetRight Nation is your one stop shop to see what everyone is saying about the Sotomayor hearings. Check out the Sonia Sotomayor blog feed. Here are today's top stories on NetRight Nation and other relevant information:


The Economy is Worse Than You Think: The recent unemployment numbers have undermined confidence that we might be nearing the bottom of the recession. What we can see on the surface is disconcerting enough, but the inside numbers are just as bad. (H/T WSJ)


A Look at the Republican Regulatory Reform Plan: Congressmen Hensarling and Bachus take some time to discuss the latest plan to stop big government.


The Hate Crime Bill - Obama's Latest Assault on Equal Justice: While America's attention is focused on the Sotomayor hearings, the Senate Democrat leadership, at Barack Obama's behest, is about to sneak through another brutal assault on small-d democratic sensibilities even more insidious than the "wise Latino woman," herself.


Audit the Fed: With the Democratic controlled Congress setting its high volume sights on cap and trade and health care, there is one potentially explosive free-market measure that is getting the short-shrift from the mainstream media – though not from the members of Congress: H.R. 1207. This bill forces one of the most secretive agencies in the government -- the Federal Reserve -- to open its books to Congress and the American people, for the first time in nearly a century.


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CEI - You're invited! "California’s Meltdown: Causes and Cures " - Friday, July 10 

The Competitive Enterprise Institute




The Pacific Research Institute


invite you to a Congressional and Media Briefing (a widely-attended event) on California’s Meltdown: Causes and Cures


Rep. Tom McClintock (R-Calif.)

Featured Lunch Speaker, 12 Noon to 1 PM




A Panel of Experts, 1 to 2:30 PM


Tom Tanton, Pacific Research Institute, on state energy and climate policies

Jason Peltier, Westlands Water District, on state and federal water policies

John Fund, Wall Street Journal, on institutional obstacles to solvency


Friday, July 10th


Room G-11, Senate Dirksen Office Building, Washington, D.C.

Seating is limited. Doors open at 11:45 AM for lunch.


Please RSVP to William Yeatman at



NRCC - Carol Shea-Porter's Trillion-Dollar 'Misread' 

Did Shea-Porter ‘Misread’ the Stimulus, or Just Not Read It at All?

Washington- Carol Shea-Porter's support for the trillion-dollar ‘stimulus’ bill is looking worse by the day. After creating mountains of new debt for generations to come while failing to turn the tide of a worsening recession, Washington Democrats are now attributing its failure to a ‘misread.’


“‘The truth is, we and everyone else misread the economy,’ [Vice President Joe] Biden told me during our exclusive ‘This Week’ interview in Iraq.”


“Biden acknowledged administration officials were too optimistic earlier this year when they predicted the unemployment rate would peak at 8 percent as part of their effort to sell the stimulus package. The national unemployment rate has ballooned to 9.5 percent in June -- the worst in 26 years.” (George Stephanopoulos, “Biden: We ‘Misread the Economy,’” ABC News, 7/5/09)


“Unfortunately for Carol Shea-Porter, her best defense against charges that she misread the impact of the Democrats’ trillion-dollar spending spree may be that she didn’t read the bill at all,” said NRCC Communications Director Ken Spain. “With over two million jobs lost, New Hampshire families deserve a member of congress who can actually comprehend the consequences of her actions rather than someone who votes in lock-step with Nancy Pelosi and asks questions later.”



House Majority Leader Steny Hoyer (D-MD) defended the stimulus this weekend while simultaneously admitting its failure:


“House Majority Leader Steny H. Hoyer, Maryland Democrat, on Sunday said he also was disappointed with the results of the stimulus program.


“‘I don't think anybody can say that we're honestly satisfied with results so far of the stimulus,’ Mr. Hoyer said on ‘Fox News Sunday.’”


“‘The stimulus package was absolutely essential,’ he said, blaming the need for its existence on the ‘tanking economy’ that Mr. Obama inherited from the Bush administration.” (Sean Lengell, “Biden: White House ‘Misread’ Economy,” Washington Times, 7/5/09)


Democrats forced a vote on the so-called ‘stimulus’ bill before a single member was able to read its pork-stuffed contents:


“As the Democrat-dominated House and Senate thoughtfully passed judgment on a 1,100-page ‘stimulus’ bill that Sen. Frank Lautenberg admitted no one would read before the vote, the media elite were positively giddy. On the ‘NewsHour’ on PBS, liberal analyst Mark Shields proclaimed ‘I think it's a monstrous success’ for President Obama. That's correct, with an emphasis on the ‘monstrous.’” (L. Brent Bozell, “We’re Not All Socialists,” Wall Street Journal, 2/20/09)




NetRight Daily: Honduras, Obama and Economics 

Fellow Bloggers,

The situation in Honduras deserves coverage from all of our blogs. In today's edition of the NetRight Daily, I included all the material we posted today on Honduras. MSM reports, such as those coming from CNN, are extremely biased on what is going on. It is our duty to get the true story out. Here are today's top stories on NetRight Nation and other relevant information:




Nothing So Shocking About This Coup: The greatest tourist attraction in Central America has always been politics. Diplomats stop by every few years, take a couple of snapshots of what's going on at the presidential palace, and then profoundly declare their opinions, devoid of context or history. This week's favorite diplotourism destination is Honduras, where the army Sunday arrested President Manuel Zelaya and booted him across the border to Costa Rica. In the Polaroid analysis, it's pretty clear what happened: ''A return to barbarism in our hemisphere,'' as Argentina's president Cristina Fernández put it.


Video: A Tribute to the Heroes of Honduras: This video, made by someone on th eground in Honduras, looks at the peaceful protestors that are standing up against the illegal moves attempted by Zelaya. This is the story that the MSM is not covering on channels like CNN. Please help spread the word on this.


The Barstool Economist - Economic Indicators: The study of economics has been around for over 200 years. And during that time, economists have had about two million theories as to what causes booms and busts. As the pundit George Bernard Shaw once quipped, "If all economists were laid end to end, they'd never reach a conclusion."


The Marx Brothers Find a Fourth: In an ordinary news week, a story about a brewing military coup in one of America's closest neighboring countries would have garnered more attention. However, from Argentinean mistresses to Metro tragedies to pop-star deaths, the past seven days have been anything but an ordinary news week.


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