More Obama Bailouts: You Were a Sucker If You Were Responsible, Thrifty, and Saved Money for a Down Payment
Posted by Hans Bader on 2010-09-07 at 14:30
The Obama administration will announce today a new $14 billion bailout program to bail out some people who are underwater on their mortgages. During the housing bubble, hundreds of thousands of people made such small down payments on their home that their mortgage was almost as big as the price of their home. When the
housing bubble ended, their home value fell to less than their mortgage. Thousands of these people will now receive taxpayer bailouts (although a majority of underwater borrowers ... Read more
It Feels Like a Depression to Me
Posted by Alan Caruba on 2010-09-05 at 15:00
 By Alan Caruba Between the time that George Washington took the first oath of office as president and when Barack Obama did—-1789 to 2009, the United States had borrowed nine trillion dollars. Since Obama took office, it has borrowed or imposed nearly three trillion more debt. Tell me he is not deliberately seeking to bankrupt the nation. In an August 28 Wall Street Journal editorial it noted that “To no one’s surprise except Vice President Joe Biden’s, second quarter economic growth was... Read more
Nazi Dreams were Green Dreams
Posted by Alan Caruba on 2010-09-06 at 15:30
 The gates of Aushwitz, an infamous Nazi concentration camp By Alan Caruba In a week when Jews will celebrate Rosh Hashanah, the New Year--5771, the connection between the Nazi’s rebellion against the Judeo-Christian worldview and the present-day ideology that drives the environmental movement needs to be exposed. Anti-Semitism is on the rise in Europe and elsewhere around the world, driven in part by the Islamic hatred of Jews, but also reflected in the liberal antipathy to corporations and... Read more
President Obama: Where would the economy be without him?
Posted by Myron Ebell on 2010-08-31 at 14:17
"Every single day, I'm pushing this economy forward, repairing the damage that's been done."
That's what President Barack Obama told reporters yesterday on his first day back from vacation on Martha's Vineyard. If he's what's keeping the economy going, we're in deeper trouble than I realized. Perhaps the President should take some time off and relax.... Read more
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