“We face many hard choices ahead, but defunding the Corporation for Public Broadcasting should be one of the easier decisions to make.”
Category | ECONOMY
Sen. DeMint: It’s Time to Defund NPR and PBS
Posted on 17 May 2012 by Solomon Horn
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US Export-Import Bank to Subsidize Corporate Jet Manufacturers for $1 Billion
Posted on 16 May 2012 by Ben Peterson
You would think the President wouldn’t want this to happen after all of his complaining about low taxes on corporate jet owners.
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PREVIEW: Why Government Debt is Leading Us to A Financial Crisis
Posted on 16 May 2012 by Jake Duesenberg
Over the past fifteen years, Americans witnessed the bursting of the NASDAQ bubble and the housing market bubble. In both circumstances, the mainstream financial media and their favorite economists failed to provide adequate warning to the average investor. Now a financial disaster is looming and, once again, the financial experts and popular economists are not [...]
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Who Wants Some More Stimulus?
Posted on 15 May 2012 by David Click
President Obama is pushing Congress to approve only parts of his new stimulus plan. The plan would cost the tax payer an additional $447 billion total. However, the President has met tough opposition to the complete plan. He is now only pushing for a meager $34.7 billion of the total. Our government is now transitioning [...]
Posted in ECONOMY, FEATURED, US0 Comments
Obama Proposes ANOTHER Billion-Dollar Stimulus Plan
Posted on 14 May 2012 by Solomon Horn
“Let’s push Congress to do the right thing. Let’s keep moving this country forward together.”
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Forward: Real Unemployment Rate Remains at 14.5 Percent
Posted on 11 May 2012 by Solomon Horn
According to the Bureau of Labor Statistics the U-6 Total Unemployed Rate lingered at 14.5 percent, which means 23 million Americans cannot find work or are working part time because they cannot find full time employment.
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Rep. Tim Griffin Proposes Ending the $1 Billion Free Cell Phone Program
Posted on 08 May 2012 by Solomon Horn
Arkansas Representative Tim Griffin has introduced legislation that would dramatically scale back the federal government’s Lifeline program that provides free cell phones to welfare recipients. The bill would continue to provide free landline phones but end the cell phone program. In 2011, the program cost cell phone users $1.8 billion. It’s on track to cost [...]
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Tax Loophole Gives Billions of Dollars to Immigrants Claiming Dependents in Other Countries
Posted on 07 May 2012 by Solomon Horn
“We’ve seen sometimes 10 or 12 dependents, most times nieces and nephews, on these tax forms. The more you put on there, the more you get back.”
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Forbes: ObamaCare’s Individual Mandate Will Increase Costs
Posted on 03 May 2012 by Solomon Horn
That’s the real “uncompensated care” problem — reimbursement rates so low that providers actually lose money serving the program’s enrollees.
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No Housing Recovery for Us
Posted on 30 April 2012 by Ben Peterson
Robert Shiller does not have good news for us. He is a Yale economics professor and also a co-creator of the Standard & Poor’s/Case-Shiller home price index. He has voiced the concern that housing prices will not rebound “in our lifetimes.” Via the Chicago Tribune: Shiller, the co-creator of the Standard & Poor’s/Case-Shiller home price index, said a weak [...]
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Quantitative Easing…?
Posted on 30 April 2012 by David Click
The recent drop in GDP again brought the question of whether or not the Fed would initiate QE3 in an effort to stimulate our economy. Ben Bernanke of the Federal Reserve has kept the rumors of the possibility running all year. First there were issues with unemployment that created hype of the need for more [...]
Posted in ECONOMY, FEATURED, US, WORLD0 Comments
Social Security Fund to Run Out by 2035
Posted on 27 April 2012 by Solomon Horn
Social Security’s disability program, which helps support 11 million Americans, will run through its trust fund in 2016, two years earlier than predicted.
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