Category Archives: Obamanomics
The house of cards will crash. Call it peak government. The game is up.
If we will not impose discipline on ourselves, the market will do it for us.
- Share:
Have you ever seen one of those movies where a car is speeding towards a cliff and just before it heads over the edge the driver jumps out and the car flies into the abyss and maybe crashes and ignites into a ball of flame?
If you haven’t don’t worry, you’re about to live one… and unfortunately for you, you’re not the driver who escapes, you’re a passenger strapped in for the excitement. President Obama is the driver and the way he’s running his campaign, it looks like he’s getting ready to jump… Continue reading
- Share:
To all of the leftists out there, it is time for you to take a dose of reality when it comes to tax policy in this country. I’m not just picking on you this time – I’m throwing out a comparable reality check to my libertarian/conservative brethren. For you, it’s time to put to rest one of your favorite solutions to fiscal problems at every level of government – I am of course, referring to raising taxes. Continue reading
- Share:
Not long ago President Obama lit what Mark Steyn could have referred to as his latest exploding cigar. By now, you’re probably familiar with “Julia”, the composite woman (not to be confused with the president’s composite girlfriends) who we learn lives a wonderful life with the comfort of cradle to grave assistance from the government, and how terrible her life would be as a result of a Romney presidency. Like manna from Heaven the conservatives had a field day with this one. The Romney campaign immediately fired off some tweets in response, we saw the Twittersphere light up with “#Im Not Julia” themed tweets, and of course, we saw a fair amount of ridicule in conservative publications and blogs. Continue reading
- Share:
As we head into the last 1/8 of the Obama Presidency, many opine that Obama has failed to produce……..failed to keep his campaign promises of 2008.
But is that really true? I don’t think so.
Take for example Obama’s promise that electric rates would have to increase, or that gasoline should be $5 per gallon. Or that the rich should pay a greater share of taxes (than the 80+% of all taxes they already pay). The examples of his ridiculous campaign promises are legendary if not for their content then for their sheer numbers. Remember: The oceans will stop rising if we just elect Obama. Continue reading
- Share:
The Dodd Frank law was supposed to rein in abuses by Wall St. It was supposed to end “too big to fail.” It was supposed to end so-called “risky trading” by banks. Some of us knew better. Barack Obama was effusive in his praise of the bill as he signed it. Continue reading
- Share:
Barack Obama has released a new ad in which Bain Capital, the private equity firm where Mitt Romney worked, is called a “vampire.”
President Obama’s campaign is out with a tough new ad, “Steel,” attacking former Massachusetts governor Mitt Romney’s record on job creation.
The two-minute ad focuses on GS Technologies, a steel mill in Kansas City, Mo., that was bought by Romney’s private equity firm Bain Capital and went bankrupt soon after.
- Share:
Hear it?
It’s getting louder.
The sounds of a election come nearer.
And it’s making a particular President wet his pants. Continue reading
- Share:
Obama, during the Democrat Party primary debate, said that he would raise capital gains rates — not because it would increase revenue, but because it was “fair.” During the debate, Obama said, “…I would look at raising the capital gains tax for purposes of fairness.” He continued, “…I also want to make sure is that our tax system is fair….”
The “problem” is that Obama did not define, precisely or otherwise, his definition of “fair.” Continue reading
- Share:
As President Obama and his administration are constantly telling us, the horrible economy is not his fault because he inherited the “Worst recession since the Great Depression”. One can certainly make that argument. You just can’t get it to stick.
Continue reading
- Share:
