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Archive for November, 2009

General Motors Still Sucks and Obama is Still an Idiot

Posted in Current Events, Domestic Affairs, Politics, tagged , , , , , , , , , , , , , , , on November 17, 2009 | 33 Comments »

BECKLEY— Yesterday’s news that General Motors is going to start paying back their loan is almost laughable.   Of course they plan on paying back the $6.7 billion in loans but what about the other $50 billion in investments we put in them?  What type of return can we expect as tax payer’s?  Obama promised [...]

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Reflecting on Thomas Friedman’s The World is Flat

Posted in Current Events, Economy, Politics, tagged , , , , , , , , , , , on November 16, 2009 | 3 Comments »

ATLANTA— I have picked up a new read, Thomas Friedman’s The World is Flat.  It will be my second political-economic read of the year, following Amity Shlae’s fantastic history of the Great Depression, The Forgotten Man.  For a while now, I have thought it would be fun to blog about books I am reading as I read [...]

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Mr. Obama’s Fox News Hypocrisy

Posted in Domestic Affairs, Politics, tagged , , , , , , , on November 14, 2009 | 5 Comments »

RALEIGH— Throughout the glorious campaign of 2008 America was lectured on the appropriate and enlightened ways of the world by Mr. Obama and the democrats. In fact, the entire world seemed to agree with him. Mr. Bush’s strong and stubborn stance towards the enemies of the United States of America only embolden the enemy and [...]

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NOVEMBER 2009 POLLS: Health Care Tanking! Democrats Face DISASTER if They Pass Health Care Reform!

Posted in Current Events, Domestic Affairs, Health Care Reform, Politics, tagged , , , , , , , , , on November 13, 2009 | 7 Comments »

ATLANTA— The Democratic Party is pulling out all the stops to get its horribly misguided health care bill through Congress.  Bill Clinton even showed up this week to exhort wobbly Democratic leaders in both houses to just pass the bill (any bill!) and not to get lost in the petty “details.”  Will this final, desperate [...]

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Inflation News – China Signals Yuan Appreciation

Posted in Current Events, Economy, tagged , , , , on November 11, 2009 | 12 Comments »

BECKLEY— Something I’ve been concerned about and have expected China to do eventually (although not quite this early) is to de-peg their currency, the yuan, from the dollar.  What do I read upon first opening CNBC.com today?

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The Tax Man is Coming

Posted in Domestic Affairs, Economy, Politics, tagged , , , , , , , , , , , , , , on November 10, 2009 | 2 Comments »

BECKLEY— Here comes the tax man.   There are many predicting higher taxes even when Obama is lying and saying he is a tax cutter.   According to tax experts deficits are going to lead to more government audits.

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INFLATION WATCH: Are the Bond Vigilantes Going to Halt Obamanomics!?

Posted in Current Events, Economy, Politics, tagged , , , , , on November 9, 2009 | 22 Comments »

ATLANTA— Bond vigilantes forced long-term interest rates higher on inflation expectations during the early 1990′s, derailing many of Bill Clinton’s big spending initiatives and causing him to redirect his focus to reducing the federal deficit during the waning years of his presidency.  I have long wondered if the same could happen to Barack Obama.  I believe his [...]

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