Much like Cash for Clunkers, but on a vaster scale, the Obama stimulus package is being revealed as a fraudulent failure. The Denver Post shows that the numbers here in Colorado just don’t add up: The federal government reported Friday that Colorado created or saved 8,094 jobs through grants, loans and contracts funded by the […]
Big Government offers this chart of unemployment trends in post-WW II recessions. Nice to see that the massive deficit spending on ‘stimulus’ has paid off so well. ..bruce w..
It’s about to move into commercial real estate (emphasis mine): Investors who bought into the deal were confident that real-estate manager Tishman Speyer would be able to greatly boost profits by raising rents in Manhattan’s sizzling apartment market. But today, the 56-building, 11,000-apartment property is suffering from a slowing New York economy, a lawsuit that […]
ITEM: I reported earlier one possible end-run by the Senate to pass the increasingly unpopular “public option” in healthcare reform. Here’s another one: Majority Leader Harry Reid, D-Nev., is weighing a plan to bring the final health care bill to the floor without a public option — making it much easier to get the 60 […]
. . . and things are already getting interesting. ITEM: Obama throws the Dalai Lama and the entire country of Tibet under the bus (emphasis mine): In an attempt to gain favor with China, the United States pressured Tibetan representatives to postpone a meeting between the Dalai Lama and President Obama until after Obama’s summit […]
Don Surber zooms in on the relevant portion of reality vs. hope-and-change. Obama and the Democratic Congress sold us on a horrific “stimulus” package with the threat of 9.0 % unemployment if they failed to act. They acted, and unemployment is now approaching 10% and may hit 12% next year. In the meantime, the national […]
This wonderful chart, put up by Veronique de Rugy over at The American, is even better than the chart that I’ve used off and on for months to show the staggering deficit projections resulting from the Obama Administration unsustainable economic policies. As per de Rugy’s explanations, here’s what the color bars mean: the orange bars […]
Hat tip on the video to Matt Yuen, a long-time friend and fellow PMS Commando (that writeup in from world-famous author (and budding politician) Dan Gookin, another one of the Commandos). You jump out of the same plane together, and you definitely are friends for life . . . however brief that may end up […]
ITEM: The media, after its years-long fight to be able to photograph the coffins of American servicemen and -women coming home, has now suddenly lost interest: In April of this year, the Obama administration lifted the press ban, which had been in place since the Persian Gulf War in 1991. Media outlets rushed to cover […]
ITEM: Milk prices have plummeted here in Denver over the past year. I used to spend close to $3/gallon for my favorite milk (Lucerne Skim Supreme Fat Free milk); now the price is around $1.60/gallon. It’s hurt the dairy farmers here in Colorado, and their response is to kill cows in order to reduce milk […]
