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recession

Election 2012: America Votes for Free Stuff

President Obama has been reelected. Yes.  You heard correctly.  President Obama has been reelected. Four years of recession. Four years of scandal. Allies insulted. Enemies bowed to. Ambassadors killed and dragged through the streets. Debt increased by five billion. Obamacare set to take effect. All this. And America still reelected a small, petty, vicious man who makes Jimmy Carter look like George Washington. I for one welcome my new overlords in the mainstream media. I for one welcome my new overlords in the Death Panels. I for one welcome my new overlords in the Muslim world.  First amendment?  It insults Allah! […]

Three Ways in which President Obama is like President Roosevelt

History repeats itself, and when the economy crashed in 2008 there was a great opportunity for President Barack Hussein Obama (BHO) to play the role of former US President Franklin Delano Roosevelt (FDR). And as time has gone on, the comparisons between these two Presidents and their actions has become more clear. Following are Three Ways in which President Obama is like President Roosevelt: 1. Both candidates ran for election the first time as moderates but have governed from the start as radicals. In 1932, FDR ran for election on a platform promising less spending, less government, and vague policies […]

Double Dumb Is Leading To Double Dip

unemployment

The markets, although a tad late in my opinion, are signaling that they have no faith that Europe or the United States are going to be able to get their economies growing again  any time soon. The bad news doesn’t let up. Here are just a couple of headlines to demonstrate my point: Stock futures signal another day of losses. Report: Bank of America cutting at least 3,500 jobs Does anyone doubt that the markets are right not to have any faith in our leaders to get the economy going again? Have you seen any evidence coming from either the […]

Lessons from Economic Recessions II- The Forgotten Recession of 1920

unemployment

Last week I wrote in my post Lessons from Economic Recessions- Introduction and Great Depression: History teaches lessons- it allows those of us in the present to see how results in the past worked. Economic recessions are a great teaching tool for policy makers and average citizens, because they teach us how the recession may have happened and how to emerge from the recession and therefore inform us as to the policy actions that we must take and those that we as citizens must support. In that post, I talked about the lessons from the Great Depression. The lessons that […]

Lessons from Economic Recessions- Introduction and Great Depression

History teaches lessons- it allows those of us in the present to see how results in the past worked. Economic recessions are a great teaching tool for policy makers and average citizens, because they teach us how the recession may have happened and how to emerge from the recession and therefore inform us as to the policy actions that we must take and those that we as citizens must support. The problem is though that policymakers and citizens really only have learned about one historical economic recession, The Great Depression, and the lessons that they have been learned regarding this […]

Democrats & Independents Hardest Hit By Soaring Unemployment

The unprecedented increase in unemployment has no doubt effected every U.S. citizen in one way shape or form. If you have not been laid off, then chances are you are close to someone who has been. You probably even have one or more within your family that has been let go in the past year. It touches the  heart to hear of loved ones losing so much and then struggling month after month to find a way to replace the lost income. But who has been hurt the most throughout this financial recession? Believe it or not, it is the […]

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