Category: US Politics
The analysis published under this category are as follows.Monday, September 12, 2011
Obama's Jobs Plan Will Barely Dent Unemployment / Politics / US Politics
David Zeiler writes: Even if passed intact, U.S. President Barack Obama's jobs plan, though ambitious, would at most nudge down unemployment by a single percentage point over the next year.
Furthermore, the Republican-controlled House of Representatives will surely object to several provisions in the American Jobs Act - particularly the total $447 billion price tag - further diluting its impact.
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Sunday, September 11, 2011
Obama Jobs Plan To Screw Future Generations / Politics / US Politics
Friday morning the Schuykill Expressway was jammed again due to an overturned car at Belmont Avenue. My first thought was how anyone could turn their car over at the usual 25 mph speeds on the Schuykill Expressway. My second thought was that I was damned to having to take the route from 69th Street in Upper Darby down Chestnut Street (aka The 30 Blocks of Squalor) to work. I was still steamed by Obama's $450 billion "JOBS" plan. His new plan was touted as an infrastructure plan when it is nothing but a "screw future generations" plan. Do these politicians have no shame?
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Sunday, September 11, 2011
The Economic Terror of 9/11 and What Really Happened / Politics / US Politics
Last month we marked the 40th anniversary of the Federal Reserve Note being a completely unbacked fiat currency. This month marks another major event in the demise of the US dollar, September the 11th.
While we've been on a one way road to monetary ruin since at least 1913 the response to the events of September 11, 2001 have greatly accelerated the process.
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Saturday, September 10, 2011
War – The Fiscal Stimulus of Last Resort / Politics / US Politics
“War! Good God, ya’ll. What is it good for? Absolutely nothin’!”
So went the Bruce Springsteen pop hit of the 1980s, first produced as an anti-Vietnam War song in 1969. The song echoed popular sentiment. The Vietnam War ended. Then the Cold War ended. Yet military spending remains the government’s number one expenditure. When veterans’ benefits and other past military costs are factored in, half the government’s budget now goes to the military/industrial complex. Protesters have been trying to stop this juggernaut ever since the end of World War II, yet the war machine is more powerful and influential than ever.
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Saturday, September 10, 2011
Obama Jobs Plan is More of the Same / Politics / US Politics
Although it was labeled and hyped as a "jobs plan," the new $447 billion initiative announced last night by President Obama is merely another government stimulus program in disguise. But semantics are of supreme importance in American politics...some could argue that word choice is the only thing that matters. As a result, despite the fact that this plan bears no substantive difference from previous stimulus bills, the President never once mentioned the word "stimulus" in his hour-long speech.
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Saturday, September 10, 2011
Obama's Job Numbers Don't Add Up / Politics / US Politics
Nearly 32 months after taking the oath of office, President Obama implied his administration failed America during a speech to a joint session of Congress last night concerning jobs.
Despite his repeated claims as a candidate and president to focus on job growth as his number one priority, the president elected to wait until his next campaign to address this issue.
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Friday, September 09, 2011
Dissecting Obama's Jobs Stimulus Lies / Politics / US Politics
President Obama's rumored $300 stimulus program ballooned to $447 billion upon unveiling. For a full text of the speech, please see President Obama's jobs address
Amusingly, the plan is overweight tax cuts in an attempt to get Republican buy-ins.
Tuesday, September 06, 2011
Obama May Soon Join America's Unemployed / Politics / US Politics
David Zeiler writes: It may not be long before U.S. President Barack Obama joins the swollen ranks of America's unemployed.
A government report released Friday showed no job growth in August.
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Monday, September 05, 2011
Don't Blame Bush: This is Obama's Economic Depression / Politics / US Politics
This is Barack Obama's economy now. George Bush can no longer be blamed. And if the economy dips back into recession--as it most certainly will--then that will be Obama's fault, too. Because it's Obama's fiscal policies that are driving the economy back into the ditch. This is no small matter, because Obama's failure will likely result in political change that will deliver the White House to the GOP in 2012. Then the deficit hawks will control both houses of congress and the White House, and they will slash spending and push the economy into another Great Depression. This is not speculation. This WILL happen. Obama has made sure it will happen by shrugging off the warnings of every competent economist in the country, all of whom have said repeatedly that we needed more stimulus to lower employment, to reduce the output gap, to increase GDP, and to put the economy back on track.
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Sunday, September 04, 2011
President Obama's Jobs Speech / Politics / US Politics
New York, Labor Day Weekend 2011: The magic wand is being readied in the White House as the President and his minions finally unwrap the mother of all jobs plans that will be revealed to the rest of us in a speech next Thursday before the cameras and Congress with the gravitas-packed aura of a State of the Union Address.
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Saturday, September 03, 2011
President Obama, Job Killer in Chief / Politics / US Politics
Friday morning many on Wall Street were stunned by the big fat zero put up by the August jobs report, the worst showing in 11 months. The data convinced many previously optimistic economists that the United States will slip back into recession. I believe that we have been in one giant recession all along that was only temporarily interrupted by trillions of useless and destructive deficit and stimulus spending. Unfortunately, the August numbers will increase the talk of government efforts to stimulate the economy.
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Wednesday, August 31, 2011
U.S. Presidential Election 2012 and Sound Money / Politics / US Politics
Walter Williams has been a professor of economics at George Mason University in Virginia since 1980. He is the author of many books, hundreds of articles and a weekly syndicated column. You may have caught some of his many radio and television appearances - a champion of free-market economics speaking out against socialism and intrusive government. He has described laissez-faire capitalism as "the most moral and most productive system man has ever devised."
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Monday, August 29, 2011
Mission Accomplished in Libya? / Politics / US Politics
Even as a major hurricane hit America's eastern seaboard, the administration is determined to expand the war in Libya while threatening the regime in Syria. Is there any limit to government's appetite to create more problems for our nation and economy?
Americans may be tempted to celebrate the apparent victory of US and NATO backed rebels in Libya, since it seems the Gaddafi regime is overthrown. But I believe any enthusiasm for our Libyan misadventure is premature.
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Thursday, August 25, 2011
Media Campaign to Undermine Ron Paul's Presidential Candidacy Begins Again / Politics / US Politics
Picking up where they left off in 2008, the media is in the midst of a campaign to ignore and undermine the presidential candidacy of Ron Paul (they gave me even rougher treatment during my 2010 Senate run). Political pundits just do not know what to do with a candidate who fails to fit into the blue and red boxes that form the simple narrative of American politics. They are perturbed by the grass roots nature of the campaign, by the strange honesty and earnestness of the candidate and his supporters, and the odd mixture of conservative values and liberty-minded policies. And like most adolescents, they reject what they don't understand.
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Monday, August 22, 2011
The Illusion of Safety, Government Cannot Protect Us / Politics / US Politics
Recent incidents of violence in Norway and London have made us understandably uncomfortable here at home, as many fear that a worsening economy will lead to violence and unrest in American cities. This is why Congress must view the economy as its first priority and a matter of national security: unless and until we get our fiscal house in order to foster economic growth, civil society will continue to deteriorate.
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Monday, August 22, 2011
Totalitarian Collectivism, Liberty for the Ron Paul Generation / Politics / US Politics
The stark reality about the Ron Paul revolution is that the power elites could not survive in a society based upon individual liberty. Nevertheless, this statement does not imply that a Paul presidency would guarantee the elimination of the oligarchy. The faint memory of what a free nation could be or even what our country once was, could be revived under certain circumstances. Imagine the abolishment of the Federal Reserve and the fractional debt created money system. Consider a non-interventionist foreign policy that allows for actual national defense and secures the borders. Or, best of all, a limited government culture that is based upon the principle that government exists to serve citizens in their pursuit of freedom. Thomas Jefferson’s soul lives within the Ron Paul generation.
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Friday, August 19, 2011
Evidence Banks Bought Off Washington / Politics / US Politics
One of the themes I have been emphasizing over the past few years focuses on the destruction of the U.S. economy and control over the political system by lobbyist groups. As long as lobbyists exist, America will continue to be run by corporations.What does this really mean?
It’s quite simple. Control over government by corporate interests is defined as fascism. This is precisely the type of government that has presided over United States for well over three decades. As long as corporate interests control Washington, the United States will never have a government that resembles a democracy, much less a republic.
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Thursday, August 18, 2011
Economic Riots, The U.S. Is Becoming a Very Frightening Place / Politics / US Politics
Economic Collapse Blog writes: You should let the video footage of the wild violence that just took place in London burn into your memory because the same things are going to be happening all over the United States as the economy continues to crumble. We have raised an entire generation of young people with an "entitlement mentality", but now the economy is producing very few good jobs that will actually enable our young people to work for what they feel they are entitled to. If you are under 30 in America today, things look really bleak.
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Tuesday, August 16, 2011
As Economy Crumbles, Media Goes into Ritual Politics Mode / Politics / US Politics
And so it came to pass, as predicted, projected, and warned about, that the economy is about to tank again. No less an authority than Nouriel Roubini, once dismissed as “Dr. Doom” for his accurate predictions of the financial crisis in 2007 and 20088, is shaking his head and pointing his finger again.
In intellectual circles, there’s more and more talk about the fall of America. Even Noam Chomsky who wrote some of his 150 books about the rise of the American empire sees the handwriting on the wall.
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Monday, August 15, 2011
U.S. Super Congress, Representation, Secession and Taxation / Politics / US Politics
Now that the Super Congress drops any vestige of equal representation within the House or the Senate, many people ask what is next. The concept of a republic form of government is a core element that separates the American experience from that of most "so called" democratic countries. The funeral for our Republic deserves to be the newest national holiday. Most oblivious taxpayers do not even know that the death of the constitution occurred well before any of us were born. Yet, the country carries along with the myth that out vote counts in elections and that we have representation in the halls and corridors of government.
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