Category Archives: Obamanomics

Blaming Bush

Obama can only ride the “Blame Bush” excuse for so long in most of the US. In a liberal/progressive hot spot like Boulder, the excuse is probably good until he starts his 2nd term. If he doesn’t start a 2nd … Continue reading

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More on Green Bay protests

Jammie Wearing Fool comments on the lack of critical questions for Obama during his stop… Regarding that campaign stop, after Barry O talked about how seizing control of the healthcare system in this country was the single most important thing … Continue reading

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Obama: It’s OK to borrow to pay for health care

Not that he invented the concept, but best I can tell it’s OK to borrow to pay for damn almost anything. He surely has quickly become the King of borrowing money, but of course the previous administration made him do … Continue reading

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Gov’t posts sensitive list of US nuclear sites

We’re from the government and we’re here to help. And you want the bureaucrats to have access to your health records?

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No good news here…

The economy stinks, and it’s going to get worse. These dire economic indicators are merely the prelude to the detonation of Social Security and Medicare, the Fat Man and Little Boy of financial catastrophe . Yippee!!! Bring on universal health … Continue reading

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Word to the wise (and to the U.S. Government)….

“The market can stay irrational longer than you can stay solvent” — John Maynard Keynes From Economics of Contempt blog.

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Dental care in Britain

Yikes! While Amy’s experience is an extreme one, it highlights growing concerns about the state of the nation’s dental health. Last week, statistics obtained by the Liberal Democrats revealed that the number of people having teeth extracted in hospital has … Continue reading

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“Just a little bit pregnant”

In the space of less than two hours I heard that phrase twice on the TV today. First on Fast Money (CNBC) it was used in describing the banks and the government being in bed with each other. On the … Continue reading

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How could they not?

China and the dollar. And this 5 day chart of the 10 year treasury note basically says “Pay up if you want our money”. The yield is up 400 basis points in 4 days!? Where’s Obama going to get all … Continue reading

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Inflation

Charles Prosser of the Federal Reserve bank of Philedelphia is worried about 2.5% inflation in 2011. Federal Reserve Bank of Philadelphia President Charles Plosser said prices may rise 2.5 percent in 2011, a rate well above central bankers’ preferred range, … Continue reading

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Fiscal responsibility

Good thing Obama’s in charge. Bring on more Tea Parties!

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Social Security and Medicare

Read the Trustee’s report on the health of Social Security and Medicare. Don’t worry, it’s all Bush’s fault as Nancy Pelosi is so eager to tell us. It would be borderline funny if it wasn’t so pathetic.

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LOL!

Our view on the federal budget: Obama, Congress go AWOL on fiscal responsibility When it comes to federal spending, there’s a pattern emerging with President Obama, and it’s not a flattering one. The president says all the right things about … Continue reading

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Spend, then tax

With the economy performing worse than hoped, revised White House figures point to deepening budget deficits, with the government borrowing almost 50 cents for every dollar it spends this year. Hell, with “hope and change” we really have the government … Continue reading

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A question for rich Obama supporters

Were you paying attention?

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Good news

Upfront costs complicate Obama’s health care plan The upfront tab could reach $1.2 trillion to $1.5 trillion over 10 years, while expected savings from wringing waste and inefficiency from the health care system may take longer to show. Details of … Continue reading

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Troubling but not surprising…

No rule of law from the Obama administration, at least when it comes to Chrysler. One person said described the administration as the most shocking “end justifies the means” group they have ever encountered. Another characterized Obama was “the most … Continue reading

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Voltaire

“It’s dangerous to be rightwhen the government iswrong.”

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Never charged with greed….

That would be the public sector. More here. H/T to Powerline.

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$100 million budget cut

Graphic aids should help… Pathetic.

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