Germany Declares Greek Bankruptcy

As the turmoil surrounding the Greek bailout continues both in the halls of the Greek legislature and in the streets, Germany is preparing plans for a Greek bankruptcy and their subsequent departure from the Euro zone.  Even as European finance … Continue reading →

Obama Stifling the Economy

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Enforcing the rule of law is an important and proper role for the government to play. But the practice of regulating even the smallest aspects of life, from the amount of lime in dishwasher detergent (if you’ve noticed your glasses … Continue reading →

The Entitlement Dilemma – Will the Elderly Lose Their Benefits?

As the nation struggles with controlling the federal budget, lawmakers are searching for areas of the budget that can be trimmed.  And while the amount of waste and corruption within the federal government is shocking (see the multiple posts on … Continue reading →

GOP Doesn’t Understand Jobs Bill or Obama Doesn’t Understand Economics

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President Obama appeared at a campaign event in North Carolina yesterday as a part of his three-day bus tour through the Carolinas and Virginia, where he roused attendees to chants of “4 more years” by mocking Republican lawmakers for being … Continue reading →

Bank of America Fee Increase … Who’s to Blame?

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I hate to say, “I told you so,” but on June 10, I wrote a post entitled The Seen and Unseen on this blog, writing, “but [banks] are not going to sit idly by and explain to shareholders that they lost … Continue reading →

Obama Jobs Council to Implement Stimulus 2.0 Without Congressional Approval

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Over the past weeks, the President has been engaged in a Herculean effort to rouse support in Congress for his Jobs Act, an effort which has thus far yielded few results.  The opposition of Republican leaders is not surprising; they’ve … Continue reading →

Occupy Wall Street? Discontent Misdirected

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What had once been peaceful demonstrations near the famous home of the New York Stock Exchange turned violent this week. The Occupy Wall Street movement, now in its second week of ongoing protest, had thus far proceeded peacefully until a … Continue reading →

American Jobs Act: Stimulus Spending and Tax Increases

Even the casual observer of national politics is aware that the hot-button issue in 2012 is jobs and the economy.  Unemployment refuses to fall below 9% as jobless claims continue to climb, despite hundreds of billions of dollars in stimulus … Continue reading →

Economy Adds NO Jobs in August While Lawmakers Vacation

In Washington politics, little is more sacrosanct than Congressional recesses.  And its for that reason that controversial measures are often postponed to the eave of a vacation, with the goal that lawmakers will be reticent to postpone their travel plans … Continue reading →

Market Confidence Plummets Under Obama

On Tuesday, the Conference Board published the findings from its latest industry consumer confidence survey and the results were far from encouraging.  In August, consumer confidence dropped to its lowest level since the financial meltdown, plummeting 15 points to a record low … Continue reading →