OPINIONS: The Five Most Catastrophic Hidden Costs of the Obama Presidency

August 24, 2011
By CMAC

The staggeringly high unemployment rate – 9.1%, not counting the Americans who have given up looking for work or who are underemployed.

  • The still-tumbling housing values, now worse than the Great Depression.
  • The inflation indicators, with uncounted sharp inflation in food and gasoline.
  • The debt and the deficit, now too big to even fathom without an advanced degree in mathematics.
  • The unfunded future liabilities –Social Security, Medicare and Medicaid, public worker pensions, and the like.
  • When the S&P downgrade  is thrown into this cliff-hanging mix, our fiscal situation goes from bad to worse.

Deep prices waiting to pounce.

The Five Most Catastrophic Hidden Costs of the Obama Presidency

by Kyle-Anne Shiver

PAJAMASMEDIA


 

Preemption, Not Retaliation!

Yoram Ettinger

Terrorism against Israel is on the increase, and merely retaliating, causing a brief ceasefire from the terrorists, is not providing a lasting protection for Israeli citizens.

Rep. Gutierrez says Immigrant Voters put Obama in Office

Jim Kouri, CPP

If laws exist it is not the role of anyone, including the President, to choose which ones to enforce and which to deliberately ignore.

 

Lessons of Libya (and Syria, and, Some Day, Iran)

by Michael Ledeen

A lot of the language used to describe some of the forces in play is quite misleading.

Saudi Arabia Enters the Fray over Syria

Maj. Gen. Paul Vallely, US Army (Ret), Tom Marin

The king of Saudi Arabia finally came off the fence and demanded that Syria’s regime stop killing its civilians, making a stand against Iranian influence in the Middle East.

 

What Happens After Qaddafi?

Fighting rages in Tripoli, and Muammar Qaddafi’s regime hangs by a thread. And while Qaddafi’s ouster will be a good thing for Libya, the lessons that are likely to be drawn from it, and especially of the U.S. role in it, might not be good for the United States. “That is because,” says Christopher Preble, “the Libya story will be fit into a familiar narrative, one in which the United States is portrayed as uniquely suited to be the world’s government, with the U.S. military as a global constabulary, responding to threats large and small, distant and proximate.” Adds Cato scholar Ted Galen Carpenter, “President Obama should resist any temptation to involve the United States further in Libya’s domestic quarrels.”

Government’s Role in the Mortgage Market: The More Things Change…

The Washington Post reported that President Obama has directed his staff to design a new set of government guarantees behind the U.S. mortgage market. Remarkably, Fannie Mae and Freddie Mac may be retained, despite their role in driving the housing bubble. Comments Cato scholar Mark A. Calabria, “President Obama appears to be considering just putting the same failed system in place. Of course, we’ll be promised that it will all work better this time.”

Why Obama Can’t Lead
Michael Bargo Jr.
President Obama’s inability to be decisive and inept leadership stem not from his lack of executive experience, but from his grounding in a specific political culture, the one he sought out in Chicago. More

The Obama Bubble
Randy Fardal
President Obama, entirely lacking in business experience, could learn something about branding from the high tech sector. More

Audacity As A War-Fighting Ideology
James Lewis
Obama’s “Audacity of Hope” slogan goes back to the French Revolution, now mainly remembered for its bloodthirsty guillotine executions of the French aristocracy. More

Kevorkian Economics
Monty Pelerin
We are on the precipice of economic and societal collapse which the political class has chosen to accept so as to maximize their time in, and spoils from, office. More

The Income Gap Con Game
Steve McCann
Democrats exploit the rising income while pushing the policies which create it. More

Coin of the Realm of Madness
Fay Voshell
Deep in the bowels of the US Mint in Philadelphia are coin presses which run constantly, producing millions of one-dollar coins nobody wants — day after day, day in and day out. More

The FDA’s Hazardous Plan to Regulate Mobile Medical Apps
Ira Brodsky
The U.S. Food and Drug Administration wants to apply the brakes to a rapidly expanding universe of “apps” that offer exciting new capabilities, such as helping patients manage their diabetes and letting physicians pull up CT scans from any location. More

Communist-Created Statue to Honor King

Cliff Kincaid

In his life Martin Luther King, Jr. was a Republican, so why has his statue been carved by a Chinese Communist Party sculptor?

From Bleeding Kansas to the Tenaru River

Military History, W. Thomas Smith, Jr.

Commemorating this week’s defining events in American military history.

Pander-Mandate Mania!

Michelle Malkin

The Administration’s apparatchiks at the Office of Personnel Management are now hard at work developing strategies, goals and timetables to meet racial proportionality targets.

Climate Prostitutes, Charlatans and Comedians

Paul Driessen

The “research” of climate change “specialists” would be hilarious if it didn’t cost taxpayers and consumers so dearly.

Will U.S. Forces in Iraq Pull Out as Civil Conflict Heats Up?

by Aymenn Jawad Al-Tamimi

A revived insurgency and growing sectarianism spell trouble at the wrong time for the Iraqi government.

Roger Cohen Discovers Antisemitism

by Ben Cohen

The New York Times columnist moves to London.

Rebuild Bahrain’s Pearl Roundabout

by Carlos Aliaga-Uria

The symbol of Bahrain’s desire for democratic reform was destroyed by authorities attempting to erase history.

Power Flows from the Barrel of a Sculptor’s Chisel

by Ron Radosh

MLK is being honored by a sculptor whose background is fashioning tributes to one of the 20th century’s most horrible tyrants and mass murderers.

President Barack Obama speaks during a town hall meeting at Wyffels Hybrids Inc. seed company, Wednesday, Aug. 17, 2011, in Atkinson, Ill. (AP Photo/Charlie Neibergall)

Will Obama’s jobs speech matter?

The Week – Wed, Aug 17, 2011

In a big speech after Labor Day, the president will reportedly outline his plan to beat unemployment. Can he say anything to give people hope? More »Will Obama’s jobs speech matter?

Senators Join Tea Party "Hold The Line" Rally At Capitol

Will Congress’ abysmal approval rating …

The Week – Wed, Aug 17, 2011

The president’s falling poll numbers signal possible trouble in the 2012 election. But … More »Will Congress’ abysmal approval rating …

Representative Paul Ryan speaks to the media on Capitol Hill

Will Paul Ryan run for president?

The Week – Wed, Aug 17, 2011

The GOP House budget guru is “strongly considering” entering the race, says The Weekly … More »Will Paul Ryan run for president?

Featured

Momentum seen for UN sanctions against Syria
August 24, 2011
Russia standing in the way. More

Nuke experts warn of dirty bomb material in Libya
August 24, 2011
Low level radioactive waste must be secured immediately. More

The ‘Green Jobs’ chimera
August 24, 2011
Save the planet. Beat Obama. More

Gaddafi pledges ‘martyrdom or victory’
August 24, 2011
He’s the insurgency now. More

Krugman bemoans lost economic boost from too mild earthquake
August 24, 2011
“…we would see a bigger boost in spending and hence economic growth if the earthquake had done more damage.” More

On Obama’s orders, White House chef to prepare pork chops
August 24, 2011
Let’s hope that diet scold Michelle doesn’t see how that chops are prepared More

Obama administration tries to climb down from Biden’s ‘one child policy’ gaffe
August 24, 2011
Denying the vice president said what he said. More

10 Reasons why Glenn Beck is right about the Mid East; his critics wrong
August 24, 2011
Number 10 explains why liberals despise Glenn Beck. More

Housing market still seeking a bottom
August 24, 2011
Nobody wants to buy a home that will lose value. More

Perry takes the lead in Iowa
August 24, 2011
Perry enters race with a bang. More

Education Education

  1. What’s the hottest field right now?

    See how you could prepare for a career in this hot industry.

  2. How to: Switch careers in one year

    See how the right certificate program could prepare you for a new career in one year.

Subscribe

[X]

How to subscribe

Roll over each section to subscribe using or feeds.

Yahoo! News offers dozens of RSS feeds you can read in My Yahoo! or using third-party RSS news reader software. Click here to find out more about RSS and how you can use it with Yahoo! News.

  • Opinion
1. VIDEO: Heart-Wrenching Image: Dog Keeps Watch Over Fallen SEAL’s Casket During Funeral
2. VIDEO: Sen. Marco Rubio (R) spoke at the Reagan Library – Wows them in Reagan country – “I was born and raised in Reagan’s America”
3. VIDEO: Letterman jokes about jihadist website death threat
4. VIDEO: An hour after the quake hit, President Obama paused from his round at Farm Neck Golf Club to convene a conference call with his advisers
5. VIDEO: Gaddafi Loyalists Keeping Reporters Confined at Tripoli Hotel
6. VIDEO: More Than 45 Million Americans Collected Food Stamps In 2011
7. VIDEO: Liberal Congresswoman Frederica Wilson: “The Real Enemy Is The Tea Party”
8. Why is the U.S. Military Being Used as Law Enforcement on American Soil?
9. Why McDonald’s wins in any economy
10. 30 Questions That Children Should Be Asking Their Parents About The U.S. Economy
11. DC Quake Caught on Video
For Global Health, China Must Liberalize
James A. Dorn in Investor’s Business Daily

 

Now Answer Some Questions
Michael D. Tanner on the Republican candidates in National Review (Online).

Why Warren Buffett Is Wrong
Jeffrey A. Miron on taxing the rich on CNN.com.

August 22, 2011

No Ceiling For The Price Of Gold

Video description: Peter Schiff says gold is more than just another precious metal. According to the president of Euro Pacific Capital, gold is a thermometer for the economy. And with gold prices at a high of $1851 an ounce, the economy isn’t getting any healthier.

“Gold going up every day is saying that the economy is sick. It’s really, really sick,” Schiff told RT. Yet, he added, world leaders are ignoring the surge in gold prices as if the increase wasn’t telling them something.

As central banks continue to print money while currencies devalue day by day, Schiff said owning gold is a safe haven. Some say treasuries are a safe haven, but Schiff asks, “What is it a safe haven from?” Gold, he said, is an alternative to owning currencies like the US dollar, the euro and the yen, which he said are being created too quickly and in too much quantity.

“I keep hearing people on television saying people aren’t buying gold because of inflation,” saudSchiff. “Gold is a safe haven from inflation.”

Schiff noted that many are still skeptical of buying into gold, citing widespread fear of a bubble ready to pop. He believes, however, that prices are only going to be higher. Schiff said he was right about this before and he is right about this now.

Schiff told RT that the only thing people have to worry about is the devalue of currencies, which continue to go down in value while gold only goes up. “It’s not a bubble because gold is not going up,” said Schiff. It’s paper currency, according to him, that’s just losing value. “Gold is simply letting you know that it’s occurring.”

“Most people would accept gold in exchange for goods,” he said. “Gold is money; it’s recognized around the world.”

And according to Schiff, people need to realize it before it’s too late.

 

Oh, How America Has Changed
USA TODAY published one of its colorful front pages last week detailing how America has not only grown dramatically in population over the last two decades, but has radically changed ethnically, geographically, and culturally. The most costly of the many changes is the fact that having children has become increasingly detached from marriage. 8-19-11

Debt Ceiling Up, S&P Rating Down
Remember how we were threatened that if the Republican House of Representatives didn’t raise the U.S. debt ceiling, the stock market would crash and Standard & Poor’s would punish us by downgrading our credit rating? So, the Republicans did what Wall Street, President Obama and the media demanded, the stock market nose-dived anyway and S & P reduced our financial rating for the first time in history from Triple-A to second-place AA-plus. 8-12-11

Get Government Out of Our House
If Congress can’t repeal the law that banishes the Edison light bulb and forces us to buy Chinese-made bulbs we don’t like, voters will ask, what was the use in electing a Republican House? Not only are the majority of Americans in favor of abolishing that obnoxious law, but even a majority of House members voted to repeal the current law, yet that didn’t eliminate the ban. 8-05-11

Scandals in the Classroom
A national scandal hit the news when Georgia Governor Nathan Deal released a 413-page report describing how hundreds of Atlanta public school teachers and principals had been cheating during the past ten years on standardized tests in order to falsely report that their schools were doing a good job and the kids were improving. 7-29-11

Time to Say Goodbye to the WTO
The World Trade Organization just ruled against the United States again. A “dispute resolution panel” of WTO representatives from Pakistan, Portugal and Switzerland ruled that U.S. laws requiring Country Of Origin Labeling (COOL) violate free trade. 7-22-11

VAWA Must Be Rewritten
The Violence Against Women Act (VAWA), now up for reauthorization, is in major need of revision. Its billion-dollar-a-year price tag spent by the radical feminists to pursue their ideology and goals (known as feminist pork) make it an embarrassment to Members of Congress who voted for it. 7-15-11

by Patrick J. Buchanan (08/23/11)
Is the Senate trying to reignite the Cold War? If so, it is going about it the right way.
by Patrick J. Buchanan (08/19/11)
A collision between Obama and his base seems inevitable. For Black America’s situation, though tough today, seems certain to get tougher.
by Patrick J. Buchanan (08/16/11)
Last week’s Republican debate at Ames, Iowa, and the straw poll Saturday did more than sort out the Republican field for 2012.
by Patrick J. Buchanan (08/12/11)
The West is in decline because the character of its people is in decline.
by Patrick J. Buchanan (08/09/11)
The decision by Standard & Poor’s to strip the United States of its AAA credit rating, for the first time, has triggered a barrage of catcalls against the umpire from the press box and Obamaites.
by Patrick J. Buchanan (08/05/11)
The Republican Party is a stool that stands on three legs: social conservatives, economic conservatives and foreign policy conservatives.

  • Share/Bookmark

Leave a Reply

Ads Plugin created by Jake Ruston - Sponsored by Broyhill Furniture.