Archive for July 15th, 2009

by Doc Hastings

With 9.5 percent of Americans out of work and rumors of yet another costly stimulus, President Obama and White House officials regularly say that “nothing is off the table” when it comes to getting our economy back on track.

But after six months in office, President Obama should revise his statement to reflect his Administration’s unspoken policy that “nothing is off the table – except for the creation of many types of energy jobs.” Read the rest of this entry

Comments No Comments »

By Stephen Gandel

The $787 billion stimulus plan is turning out to be far less stimulating than its architects expected.

Back in early January, when Barack Obama was still President-elect, two of his chief economic advisers — leading proponents of a stimulus bill — predicted that the passage of a large economic-aid package would boost the economy and keep the unemployment rate below 8%. It hasn’t quite worked out that way. Last month, the jobless rate in the U.S. hit 9.5%, the highest level it has reached since 1983. Read the rest of this entry

Comments No Comments »

By Edwin Chen

July 14 (Bloomberg) — President Barack Obama may rely only on Democrats to push health-care legislation through the U.S. Congress if Republican opposition doesn’t yield soon, two of the president’s top advisers said.

“Ultimately, this is not about a process, it’s about results,” David Axelrod, Obama’s senior political strategist, said during an interview in his White House office. “If we’re going to get this thing done, obviously time is a-wasting.” Read the rest of this entry

Comments No Comments »

By Ryan J. Donmoyer and Kristin Jensen

July 15 (Bloomberg) — House Democrats plan to fund the broadest U.S. health-care expansion in four decades by increasing taxes on the wealthiest Americans, imposing a surtax of 5.4 percent on couples with more than $1 million in income.

The legislation unveiled yesterday would place additional taxes on households with more than $350,000 a year in income and calls for further increases if the measure doesn’t hit a target for cost savings. The provisions are intended to raise $544 billion over 10 years. Read the rest of this entry

Comments No Comments »

Major victory for Army warrior questioning Obama’s birthplace

Chelsea Schilling and Joe Kovacs
© 2009 WorldNetDaily

A U.S. Army Reserve major from Florida scheduled to report for deployment to Afghanistan within days has had his military orders revoked after arguing he should not be required to serve under a president who has not proven his eligibility for office.

His attorney, Orly Taitz, confirmed to WND the military has rescinded his impending deployment orders.

“We won! We won before we even arrived,” she said with excitement. “It means that the military has nothing to show for Obama. It means that the military has directly responded by saying Obama is illegitimate – and they cannot fight it. Therefore, they are revoking the order!” Read the rest of this entry

Comments No Comments »

Optimization WordPress Plugins & Solutions by W3 EDGE