OPINIONS: The Five Most Catastrophic Hidden Costs of the Obama Presidency
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
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 OfficeIf 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)A lot of the language used to describe some of the forces in play is quite misleading. |
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Quote of the Day – August 24, 2011Miracles do not cluster… |
Saudi Arabia Enters the Fray over SyriaMaj. 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 The Obama Bubble Audacity As A War-Fighting Ideology Kevorkian Economics The Income Gap Con Game Coin of the Realm of Madness The FDA’s Hazardous Plan to Regulate Mobile Medical Apps |
Communist-Created Statue to Honor KingIn 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 RiverMilitary History, W. Thomas Smith, Jr. Commemorating this week’s defining events in American military history. |
Pander-Mandate Mania!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 ComediansThe “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 A revived insurgency and growing sectarianism spell trouble at the wrong time for the Iraqi government.
by Rebuild Bahrain’s Pearl Roundabout
by 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.
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?
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 …
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?
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Would a eurozone government calm the markets? The Week – Wed, Aug 17, 2011German and French leaders say setting common budget and tax policies will help end Europe’s debt crisis. But jittery investors appear skeptical More »Would a eurozone government calm the markets?
German and French leaders say setting common budget and tax policies will help end Europe’s debt crisis. But jittery investors appear skeptical
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NPR: The Statism Network Brent Bozell III – 6 hrs agoOne of the greatest perversions of statism is the use of taxpayer money to push for ever more government spending and intervention. A casual listener to the far-left … More »NPR: The Statism Network
One of the greatest perversions of statism is the use of taxpayer money to push for ever more government spending and intervention. A casual listener to the far-left end of the FM dial, National Public Radio, will quickly conclude that NPR is one of America’s leading offenders in this perversion.
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The Killing at the Corner Susan Estrich – 6 hrs agoWhen I drove by my corner grocery store last Sunday, the crime tape had already gone up and half a dozen police cars were parked in front. By the time I drove back home … More »The Killing at the Corner
When I drove by my corner grocery store last Sunday, the crime tape had already gone up and half a dozen police cars were parked in front. By the time I drove back home an hour later, there was a biohazard truck, along with a half-dozen more police cars and officers diverting traffic from the lot. “What happened?” I said. …
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Pander-Mandate Mania! Michelle Malkin – 6 hrs agoHey, you know what the beleaguered American economy could really use right now? More special-interest mandates imposed by the White House on employers and taxpayers. … More »Pander-Mandate Mania!
Hey, you know what the beleaguered American economy could really use right now? More special-interest mandates imposed by the White House on employers and taxpayers. Team Obama is “Winning the Future” by strangling it in red, green and rainbow-colored tape.
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Joe Biden’s shameful abortion contortion The Week – 7 hrs agoOn a visit to China, the vice president shockingly claims to “fully understand” China’s terrible one-child policy More »Joe Biden’s shameful abortion contortion
On a visit to China, the vice president shockingly claims to “fully understand” China’s terrible one-child policy
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Will SUVs finally become fuel-efficient? The Week – 19 hrs agoAn unlikely partnership between Ford and Toyota could revolutionize hybrid engines for SUVs and pickup trucks More »Will SUVs finally become fuel-efficient?
An unlikely partnership between Ford and Toyota could revolutionize hybrid engines for SUVs and pickup trucks
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Why Paul Ryan isn’t running for president: 5 theories The Week – 21 hrs agoThe House GOP’s budget guru won’t seek the White House in 2012, despite the Republican establishment all but begging him to join the fray More »Why Paul Ryan isn’t running for president: 5 theories
The House GOP’s budget guru won’t seek the White House in 2012, despite the Republican establishment all but begging him to join the fray
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49ers vs. Raiders: Should fan violence cancel the annual game? The Week – 22 hrs agoThe traditional summer exhibition between the two Bay Area squads is discontinued following shootings at this year’s gridiron battle More »49ers vs. Raiders: Should fan violence cancel the annual game?
The traditional summer exhibition between the two Bay Area squads is discontinued following shootings at this year’s gridiron battle
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Eating your own placenta: A ridiculous fad? The Week – Tue, Aug 23, 2011More and more mothers are reportedly chowing down on their afterbirth. They claim it has a variety of health benefits — while others say it’s just gross More »Eating your own placenta: A ridiculous fad?
More and more mothers are reportedly chowing down on their afterbirth. They claim it has a variety of health benefits — while others say it’s just gross
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Depressed moms: The surprising effect on their children’s brains The Week – Tue, Aug 23, 2011A new study reveals that kids whose mothers suffer from postpartum depression have brains that resemble those of orphans More »Depressed moms: The surprising effect on their children’s brains
A new study reveals that kids whose mothers suffer from postpartum depression have brains that resemble those of orphans
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Can Dominique Strauss-Kahn still beat Nicolas Sarkozy? The Week – Tue, Aug 23, 2011Sexual assault charges scuttled DSK’s bid to become France’s next president. But with the case dropped, an unlikely comeback could be in the works More »Can Dominique Strauss-Kahn still beat Nicolas Sarkozy?
Sexual assault charges scuttled DSK’s bid to become France’s next president. But with the case dropped, an unlikely comeback could be in the works
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Is Apple about to unveil a new ‘absolutely different’ product? The Week – Tue, Aug 23, 2011A Japanese website claims Apple’s elves are working on a brand new gadget. Whatever could it be? Here, 4 theories More »Is Apple about to unveil a new ‘absolutely different’ product?
A Japanese website claims Apple’s elves are working on a brand new gadget. Whatever could it be? Here, 4 theories
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Will The Glee Project winners revive Glee? The Week – Tue, Aug 23, 2011As Gleeks fret over the looming departure of their favorite characters, a reality series crowns new singers who will join Glee next season More »Will The Glee Project winners revive Glee?
As Gleeks fret over the looming departure of their favorite characters, a reality series crowns new singers who will join Glee next season
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What’s next for Moammar Gadhafi? The Week – Tue, Aug 23, 2011Nobody seems to know where the embattled Libyan leader is hiding, or where he’s headed. Here, 5 predictions More »What’s next for Moammar Gadhafi?
Nobody seems to know where the embattled Libyan leader is hiding, or where he’s headed. Here, 5 predictions
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6 reasons Rick Perry is not another George W. Bush The Week – Tue, Aug 23, 2011Sure, they’re both swaggering Texans with a plainspoken, shoot-from-the-hip style. But there’s plenty of evidence that Perry is no W More »6 reasons Rick Perry is not another George W. Bush
Sure, they’re both swaggering Texans with a plainspoken, shoot-from-the-hip style. But there’s plenty of evidence that Perry is no W
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Will Libya help Obama in 2012? The Week – Tue, Aug 23, 2011With rebels on the brink of ousting Libya’s longtime despot, the war that dogged Obama for months might actually turn into a plus come election time More »Will Libya help Obama in 2012?
With rebels on the brink of ousting Libya’s longtime despot, the war that dogged Obama for months might actually turn into a plus come election time
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Paul Ryan’s Secret Weapon Mona Charen – Tue, Aug 23, 2011“The best lack all conviction while the worst are full of passionate intensity.” — W. B Yeats More »Paul Ryan’s Secret Weapon
“The best lack all conviction while the worst are full of passionate intensity.” — W. B Yeats
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Why Are We Baiting the Bear? Pat Buchanan – Tue, Aug 23, 2011Is the Senate trying to reignite the Cold War? More »Why Are We Baiting the Bear?
Is the Senate trying to reignite the Cold War?
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Can party drug ecstasy cure cancer? The Week – Tue, Aug 23, 2011Scientists are excited after a preliminary study shows that modified forms of the euphoria-inducing party drug can wipe out cancer cells More »Can party drug ecstasy cure cancer?
Scientists are excited after a preliminary study shows that modified forms of the euphoria-inducing party drug can wipe out cancer cells
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Cognitive Dissonance: Conservative Media Respond to Libya’s Liberation The Nation – Mon, Aug 22, 2011The Nation — The success of the Libyan revolution and toppling of Muammar Qaddafi has put conservative commentators in an awfully tough position. President Reagan had … More »Cognitive Dissonance: Conservative Media Respond to Libya’s Liberation
The Nation — The success of the Libyan revolution and toppling of Muammar Qaddafi has put conservative commentators in an awfully tough position. President Reagan had unsuccessfully bombed Libya in order to kill Qaddaffi, and had failed at exacting any revenge for Libya’s murder of hundreds of American civilians on Pan …
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Revive a dying laptop battery. More »Upgrade Your Life
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Famous art heists. More »Video: Who Knew?
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Tell us how 9/11 changed you and Yahoo! will give $10 to the 9/11 Memorial Fund. More »Share your story
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The Fast Fix
Surprise candidate? More »The Fast Fix
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
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- Opinion
James A. Dorn in Investor’s Business Daily.
Michael D. Tanner on the Republican candidates in National Review (Online).
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
