The federal government has been expanding for decades. More laws, more spending, more regulations. More executive actions and judicial decisions that enlarge the role of government. Everybody knows this, but[...]
Author: Edmund Contoski
In campaigning for the presidency, Barrack Obama inspired popular support of millions of voters by eloquently promising to “transform” America with “fundamental” change. Now his popularity is at its all-time[...]
The melting of glaciers is often cited as evidence mankind is causing global warming through carbon dioxide emissions. A corollary of this is that melting glaciers raise sea levels, which will reach catastrophic levels unless CO2 emissions are reduced. Adding to the massive evidence already refuting these assertions, a recent paper provides more accurate reconstruction of two centuries of previous data “by using many more stations, particularly in the polar regions, and recently processed historic data series from isolated island stations.”
In campaigning for the presidency, Barrack Obama inspired popular support of millions of voters by eloquently promising to “transform” America with “fundamental” change. Now his popularity is at its all-time low, his signature legislation, Obamacare, has been a disaster, his highly touted—and extremely expensive—stimulus program has failed. He has done nothing to lower the federal debt or tackle the future insolvency of Social Security, Medicare or Medicaid.And the economy continues to stumble 58 months after the recession officially ended.
In 2013 the price of gold bullion lost 28 percent and closed near its low for the year. It was the first annual decline since 2000 and the worst since 1981. Gold ETFs experienced record redemptions, shrinking the funds 33 percent by year end, but they were the exception. Marcus Grubb, Managing Director of the World Gold Council, reported, “2013 has been a strong year for gold demand across sectors and geographies, with the exception of western ETF markets.” While investors were leaving ETFs, demand for gold jewelry, bars and coins was increasing, as were purchases by central banks. Globally, consumer demand increased 17 percent for gold jewelry and 28 percent for bars and coins.
The full bill for Obama’s failed economic policies has yet to arrive. But no such explosion of debt has ever escaped a day of reckoning, and no such monetary surge has ever had a happy ending.
“If you like your health plan, you can keep it,” is the Lie of the Year, according to PolitiFact. But Barack Obama has been operating under an even more momentous lie for his entire presidency.
Hundreds of thousands of government workers were laid off, national parks, monuments and other federal tourist attractions were closed, veterans were shortchanged, etc. All because the Republicans in the House of Representatives didn’t vote the necessary money for them, right? Wrong!
President Obama has failed to learn the simple basic lesson that the Pilgrims, who established the tradition of Thanksgiving Day in 1623 (not 1621, as often claimed), learned the hard[...]
[First posted at American Liberty.] A new crisis is looming in the housing/mortgage industry when the worst seems to have passed for Fannie Mae and Freddie Mac. Those two GSEs[...]
Jobs growth has not even kept pace with growth in the working-age population, must less restored jobs lost in the recession. The working-age population increased by 206,000 in September while[...]
Americans for a long time have felt what they are being told about inflation doesn’t fit with their own experiences in paying monthly bills. Over the years the government has[...]