Obama’s Economic Advisers: International Socialists, Union Thugs, NBC Execs, Soros Scholars, Subprime Lenders, Amnesty Shills, and Campaign Cronies

The media enthused when Barack Obama bloviated during his State of the Union Address, “We need to out-innovate, out-educate, and out-build the rest of the world.” They now enthuse that the president has appointed members to his new Council on Jobs and Competitiveness allegedly designed to cut down inefficient regulations and unnecessary government burdens. None of the media announced that the … [Read more...]

Obama Inches U.S Toward Debt Crisis, or Bankruptcy

As Barack Obama held his first press conference in months to promote his new $50 billion economic payback to unions, it bears reading a little-known reports from the Congressional Budget Office admitting out-of-control spending is leading us perilously close to a Greek-style meltdown. CNSNews.com has uncovered an obscure CBO report from July that states, "Combined with an unfavorable long-term … [Read more...]

The ($50 Billion) Road to Serfdom

The cornerstone of Obama's Labor Day speech before a union audience was a $50 billion transfer of wealth from taxpayers to Big Labor. Porkulus 3.0 will not create jobs for years (if at all), but it will raise gasoline prices Aside from taking time to feel sorry for himself, Obama unveiled a proposal to spend $50 billion on roads and infrastructure, which he promised "will not only create jobs … [Read more...]