Opinions on the Economy

Dollar Set for Biggest Monthly Loss Since '08…

Thursday, Sep, 30 at 1:01 pm,

9.30.10 – The dollar headed for its biggest monthly loss since 2008 versus the euro as signs the U.S. economy is slowing damped demand for the nation’s assets.

Part IV of 6 The Economy: Better or Worse — You Decide

Monday, Sep, 27 at 8:44 pm,

9.28.10 – Henry Burke & Donna Garner – Obamacare is a horrible piece of legislation, and one of the most devastating aspects is the cost. According to the CBO, the new entitlement spending in the plan would cost $216 Billion by 2019 and then increase by 8 % every year thereafter.

PART II. – STIMULUS MEASURES

Friday, Sep, 24 at 8:58 am,

9.24.10 – Donna Garner – Obama sold Stimulus I to Congress and to the American public by saying it would stimulate the economy and relieve the unemployment situation. Unemployment was not supposed to exceed 8 %. In spite of Stimulus I, unemployment rose from 7.7 % in January 2009 to 9.7 % in January 2010 (according to the U.S. Bureau of Labor Statistics – BLS).

THE ECONOMY: BETTER OR WORSE — YOU DECIDE — Pt. 1 of 6:

Wednesday, Sep, 22 at 1:20 pm,

9.22.10 – Donna Garner – With the Nov. 2, 2010, election closing in, we as Americans must know the facts. Is the recession really over? Are we better off now than we were before the last Presidential election? Is the economy getting better, or is it getting worse?

Fed Issues More Debt as Gold Rises

Monday, Sep, 20 at 9:57 am,

9.20.10 – Bob Chapman | What has happened to America is that the private sector only is allowed to exist to keep banking in business and to supply funds for government, bureaucrats, other criminals and the elitists who actually run your country.

America: Love it or (if you're rich enough) leave it?

Monday, Sep, 20 at 1:34 am,

9.20.10 – Glen Esnard, a Newport Beach executive for real estate services firm Grubb & Ellis, went to bat in the Wall Street Journal last week for high-income-earners who believe it’s unfair that their tax rates should rise on Jan. 1, as President Obama proposes.

The Iron Ceiling: Sexism Still Strong In Russia

Sunday, Sep, 19 at 12:45 pm,

9.19.10 – Gregory Feifer – It's one of the most visible changes on Moscow's streets. Twenty years ago, you could go weeks without seeing a single woman driver. Now it seems there's a woman behind the wheel of every second car.

Why some economists see a looming US-China trade war

Saturday, Sep, 18 at 10:02 am,

9.18.10 – From the halls of Congress to the World Trade Organization, US officials are increasingly criticizing China trade and currency policies – blaming them for America's huge trade deficit.

Growing Our Way to Solvency

Friday, Sep, 10 at 9:46 am,

9.10.10 – Charlie Martin – The solution to the fiscal problems with which we're all faced is to readjust the tax rules, accounting rules, and other regulations so that productivity increases more quickly.

Use Of Gov't Spending As Stimulus Throws Sand In Gears Of Growth

Thursday, Sep, 09 at 12:29 pm,

9.9.10 – JERRY L. JORDAN – Massive government borrowing to finance expanded budgets is worse than silly; it is dangerous to our economic health. And polls show that most of the public doesn't believe that borrowing or taxing away money from the private sector to be spent on employing people in the public sector makes us more prosperous. At best, it delays the adjustment of the public sector to new economic realities.

Beware Of Obama Tax Increases…

Friday, Sep, 03 at 12:08 pm,

9.3.10 – Listening to the Democrats this summer, you're unlikely to hear about an impending tax increase. In an effort to sanitize their historically irresponsible decision to raise tax rates in the midst of a struggling economy, President Obama and the congressional majority say they are merely "allowing the Bush tax cuts" to expire.

Manufacturing Bust

Friday, Sep, 03 at 10:45 am,

Greg Kaza – President Barack H. Obama, if current trends continue, will become the first Democrat to preside over a net national loss in domestic manufacturing jobs since the Bureau of Labor Statistics started reporting monthly employment data in 1939. Seven percent of manufacturing jobs nationwide (873,000) have disappeared since Obama took office.

Venezuelans Will End Up Living Hand to Mouth

Thursday, Sep, 02 at 10:06 am,

9.2.10 – This Tuesday, Hugo Chávez announced another absurdity product of the heating up of the election campaign: that the government is to issue a “good living card.”

Panic of 2011

Thursday, Sep, 02 at 8:28 am,

9.2.10 – John Seiler – If you’re old or sick and have a lot of money, I suggest taking a trip out of the country, away from your heirs, until January 1, 2011. And don’t tell them where you’re going. On that date, the death tax for rich folks goes from the current 0 percent to 55 percent. So your heirs will get less than half of what they would have if you went to the Great Walmart in the Sky a day earlier.

Death By Globalism

Thursday, Sep, 02 at 8:02 am,

9.2.10 – Paul Craig Roberts | The Federal Reserve will monetize the federal government deficit. The result will be high inflation, possibly hyper-inflation and high unemployment simultaneously.

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