2012 Feb 22 |
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Economy

The Republican National Committee just released a new ad video, in which the GOP just about destroys President Obama – which is, obviously, a good thing.

In it, the RNC challenges Obama’s economic decision and record over the last two-and-a-half years, reports Wake up America!

Transcript (via WuA, with some slight corrections):

“He promised to change direction: $800 billion in stimulus, trillions for government healthcare, 2 million jobs… gone. Left turn after left turn America’s headed the wrong way – fast. Six million foreclosures, fourteen trillion in debt, $500 billion in higher taxes and the worst long term unemployment in generations. Don’t let Obama drive us to disaster, change direction. “

Watch the ad:

The GOP has to take the fight to Obama.MORE

Posted by Michael van der Galien   |   No comments

Just now on his Fox News show Glenn Beck said something that struck me: “We’re becoming a mobocracy”.

He said that, of course, about the United States. But it doesn’t just go for America; the same can be said for most, if not all, European states.

Progressives are purposefully dividing us.MORE

Posted by Michael Merritt   |   No comments

I’m satisfied. The 2011 budget will be cut by $39 billion, the issues of funding Planned Parenthood and Obamacare will be put up as single-issue votes, and the government won’t shutdown. Feels good, doesn’t it?

Actually, not really. American is still facing deficits and debts in the trillions, and the negotiations for this year’s budget didn’t do much to combat those.MORE

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David Deyen at FireDogLake is torn over Obama’s deepwater drilling moratorium:

Apparently how it goes is you can announce a moratorium, have the courts nullify it, and then go ahead and announce a new moratorium. I’m concerned about what that says about checks and balances, and where the line gets drawn.MORE

Posted by Michael van der Galien   |   No comments

Europe’s finance ministers are panicking: they’ve done everything in their power – or so they believe – to save the Euro, yet the currency is becoming worth less and less. They don’t understand what’s going on, they’ve pumped billions into the Euro and into Europe’s failing economies, yet the European stock markets continue their free fall.MORE

Or so says CNBC:

Top U.S. officials on Saturday offered reassurances that the worst of the economic downturn is likely over, helped by unprecedented efforts to keep credit flowing.

Two Federal Reserve policy-makers, Vice Chairman Donald Kohn and New York Fed chief William Dudley, both pointed to signs that measures taken by the U.S. central bank are indeed working to help revive the economy.

There is bad news:MORE

The roof, the roof, the roof is on fire.

That’s basically how one can summarize the situation in Europe. Several (Southern) European countries are on the brink of collapse. Greece is as near bankruptcy as can be. At the same time, Western and Northern Europeans are becoming increasingly disturbed by the irresponsible behavior of the Greek, and of other nations.

Other nations, you ask?

Why yes.MORE

Posted by Michael Merritt   |   No comments

By: Pete Souza/White House

Update at bottom

Several news outlets yesterday ran the above photo of President Obama and his daughter Sasha swimming in waters at a Panama City, FL, beach.  The narrative, of course, is “President Obama reassures Americans that the Gulf is open for business!”

However, there’s a problem with the spin:MORE

Posted by Michael van der Galien   |   No comments

As Drudge headlines: “He’s back!” Former U.S. President George W. Bush – or Bush 43 as those closest to him preferred to call him – has decided to copy Sarah Palin’s outreach model, by using FaceBook to interact with supporters and to inform them about his whereabouts. He created a fan page more than a year ago already, but used it only sparingly until today.MORE

Posted by Michael van der Galien   |   No comments

The British economy shrank at its fastest in almost 30 years in the first quarter of 2009, official data showed Friday. The news heaves fresh doubt on government hopes of a quick recovery.

AFP summarizes the findings as follows:MORE

Posted by Michael van der Galien   |   No comments

Color me surprised (hat tip to Drudge)

As a deep recession strips Americans of their jobs, homes and investments, the 2009 U.S. tax season promises to see a large uptick in first-time delinquent income taxpayers.MORE

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