Monthly Archives: July 2009

Major Players Increase Their Spending in Lobbying Fight Over Health Care

CQPolitics.com

Mon Jul 20:  By Bennett Roth and Alex Knott, CQ Staff

As the health care debate intensifies, the nation’s leading advocacy group for older Americans is ramping up its lobbying efforts, spending nearly a third more in the second quarter of this year than it did in the first quarter.

“There is no doubt that health care has been the big thing for us this year,” said Jim Dau, a spokesman for AARP. The organization has focused its efforts not just on the debate in Washington … Continue reading

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Obama hits out at Wall Street banks

For some one who was in there pushing [before he was President and now President] to hand out money for people that definitely could not afford a home has no room to blame any one else for all the problems going on.
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Reuters

Mon Jul 20: By Ross Colvin and Jeff Mason; Editing by Peter Cooney

WASHINGTON (Reuters) – President Barack Obama said on Monday that Wall Street banks had failed to show remorse … Continue reading

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Why Foreclosures Keep Rising!

Jul 20th, 2009: By Luke Mullins, USNews.com

Five months after the Obama administration unveiled a sweeping initiative designed to reach 9 million struggling homeowners, home foreclosures continue to rise at an alarming rate. Foreclosure filings were reported on more than 1.5 million properties in the first six months of the year, a 15 percent increase over the same period of last year, according to RealtyTrac. All told, 1 in 84 American homes–or 1.19 percent–received … Continue reading

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Atheists in the Capitol’s foxhole

Chuck Norris July 20, 2009

I’m a fighter for the freedoms of speech and religion. They are our constitutional rights – what the First Amendment is all about. But those freedoms don’t give atheists the entitlement to eliminate or revise America’s religious heritage in the new $621 million taxpayer-provided Capitol Visitors Center, or CVC, in Washington, D.C.

In July, the House and Senate … Continue reading

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Whats wrong here

©WorldNetDaily 2009

First it was the bank takeover, then astronomical deficit spending in the “stimulus” and “omnibus” bills, then nationalizing the auto industry. Now it’s the largest tax increase in history (“cap and trade”), socialized health care and the end of “don’t-ask-don’t-tell.” Then comes socialized energy and education – on and on it goes.

In between reports of these radical  efforts by Barack Obama to dismantle the nation’s free-market economy, Americans hear tantalizing tidbits about new villains like “ACORN,” “Saul Alinsky,” “the Cloward-Piven Strategy” and the like – all pieces of a puzzle millions of outraged citizens are desperately trying to put together, so they can understand … Continue reading

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The Truth about American Investment Overseas

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Currently, American companies that do business overseas add $2.5 trillion to our economy, and support more than 20 million jobs, either directly or indirectly. The proposed tax increase on these companies would weaken American competitiveness, threaten American … Continue reading

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A Force of One: The Federal Reserve

Chuck Norris

07/14/2009: By Chuck Norris

I agree with Judge Andrew Napolitano, who said last week, “We know more about the CIA than we do about the Federal Reserve.”

The Federal Reserve is the Freemasonry of government agencies. It is a virtual secret society unto itself — a group of unelected brokers who hold the value of our dollar in the palms of their hands. This one agency, with its power to raise and lower … Continue reading

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Nine Reasons the Economy is Not Getting Better

A sign outside of a workplace says 'Not hiring' (iStockPhoto)
usnews Wednesday July 15, 2009, By Mortimer B. Zuckerman
We are now looking at unemployment numbers that undermine any confidence that we might be nearing the bottom of the recession. The appropriate metaphor is not the green shoots of new growth. A better image is to look at the true total of jobless people as a prudent navigator looks at an iceberg.

What we see on the surface is disconcerting  enough. The estimate from the Bureau of Labor Statistics of job losses for June is 467,000. That increases by 7.2 million the number of unemployed since … Continue reading

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Obama’s Stimulus Plan: Failing by Its Own Measure

Tuesday, Jul. 14, 2009: By Stephen Gandel

The $787 billion stimulus plan is turning out to be far less stimulating than its architects expected.

Back in early January, when Barack Obama was still President-elect, two of his chief economic advisers — leading proponents of a stimulus bill — predicted that the passage of a large economic-aid package would boost the economy and keep the unemployment  rate below 8%. It hasn’t quite worked out that way. Last month,… Continue reading

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Kmart’s Christmas in July: Inspiration or Desperation?

Wednesday, Jul. 15, 2009: By Sean Gregory

During these dog days of summer, the nation’s department stores are still cold. According to the retail-sales statistics released by the Commerce Department on July 14, June department store sales dipped 1.3% compared to sales in May of this year, and were down 9.4% compared with June of 2008. So to prop up sales before the back-to-school season, one major player is asking … Continue reading

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