February 8, 2010 by Stephen VanNuys
ATLANTA— The brief market collapse last Thursday might well have been a canary in the coal mine. It was caused principally by a sudden concern over the credit-worthiness of certain peripheral European countries: namely Ireland, Portugal and Spain. When coupled with the precarious finances of Greece, these countries’ spiraling deficits and out-of-control debt raise the specter of a significant default- and perhaps the onslaught of a second great credit crunch. Those of us who were previously looking at commercial real estate as the second shoe to drop might want to start turning our attention to the prospect of sovereign defaults. They would be much worse than commercial real estate, and could make Lehman look like a walk in the park. Continue Reading »
Posted in Current Events, Domestic Affairs, Economy, Foreign Affairs, Politics | Tagged Barack Obama, Great Depression, US economy, Great Britain, Europe, United States, Worst President Ever, PIGS, Spain, Portgual, Greece, Ireland, UK, This Time is Different | 3 Comments »
February 4, 2010 by TennesseePaul
RALEIGH— Last week news came out about a massive recall of Toyota car parts. The accelerator had been found to “stick” resulting in unwanted and uncontrollable acceleration. Today Continue Reading »
Posted in Domestic Affairs, Politics | Tagged Barrack Obama, Faulty Brakes, General Motors, Toyota, Unwanted Acceleration, Worst President Ever | 8 Comments »
February 4, 2010 by Stephen VanNuys
ATLANTA— I was reading an article yesterday about all of bungling that the Obama Administration has done with respect to the terror trials Eric Holder was hoping to hold in New York City. It set me back to thinking about this Administration and this president and just how many things they have managed to bungle in their first year. This presidency, frankly, has been rife with arrogance and incompetence. This is not surprising, given the egomaniacal nature of their 2008 campaign and the vast executive inexperience of Barack Obama himself, prior to taking office last January. But it is nonetheless disappointing- because these are indeed difficult times for our nation, and I remain fully convinced we have the wrong man for the job at the helm.
Continue Reading »
Posted in Current Events, Domestic Affairs, Economy, Foreign Affairs, Health Care Reform, Politics | Tagged Democrats, Guantanomo Bay, Health Care Reform, Liberals, Obama Administration, Obamacare, PPIP, Progressives, Rick Santelli, Stimulus, Worst President Ever | 7 Comments »
February 1, 2010 by Stephen VanNuys
ATLANTA— Johnathan Cohn, writing in the The New Republic, gleefully informs us how Democrats can plausibly manage to pass the hugely unpopular, enormously costly and ultimately disastrous “health reform” bill. He says they can do it by the following means: the House of Representatives can pass the Senate bill by a narrow margin (probably 218 votes again) and then amendments to that bill can be passed through the Senate using the reconciliation process, to avoid a Republican filibuster. And presto! Once the bill is passed, Democrats can sit back and enjoy watching as tens of millions of Americans are robbed of their basic rights to choose healthcare plans and providers (as Barack Obama confessed to Republicans last week), enormous new taxes and mandates wreck our nascent economic recovery, and the federal budget is set up to run at a permanent, trillion dollar deficit into eternity.
Ugh! I find the fact that Democrats are still talking about this bill horrifying. (I watched the original Terminator over the weekend for the first time in years- and the bill reminds me of the Terminator, marching after us to destroy us, unable to be crushed and beaten).
But really, what are the odds that Barack Obama and Nancy Pelosi will whip moderate Democrats into shape and pass their awful health reform? Continue Reading »
Posted in Current Events, Domestic Affairs, Economy, Health Care Reform, Politics | Tagged Conservatives, Democrats, Health Care Reform, Liberals, Nancy Pelosi, Obamacare, Republicans, US economy | 3 Comments »
January 28, 2010 by The Freedom Thinker
BECKLEY— Obama’s State of the Union defines exactly who Obama is and what he stands for. Listen, read, watch Obama’s speech in context of his actions and you will see who he is. Read his plans that are only populist talking points and you will see it for the drivel that it was. The following is my analysis as I went through the speech. Continue Reading »
Posted in Current Events, Domestic Affairs, Economy, Health Care Reform, Politics | Tagged Democrat, Freedom, Obama, Politics, Republican, State of the Union | 29 Comments »
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