Economy
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NYC Mayor-elect Bill de Blasio to fund ‘universal pre-kindergarten program’ by raising taxes on wealthy
Mayor-elect Bill de Blasio has been actively touting his plan to expand after-school programs and to provide universal pre-kindergarten to…
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Obama refusal to negotiate ‘accrued bills’ makes all spending permanent
When President George W. Bush began his second term with a proposal to reform Social Security by creating the first…
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The Fed @ 100: Can’t fix Obamanomics
Today’s centennial anniversary of the creation of the “Third Bank of the United States,” legally titled the Federal Reserve, seems…
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MSNBC’s Krystal Ball’s solution to poverty: A minimum guaranteed income for every adult
Never mind raising the minimum wage or further relaxing the rules whereby Americans qualify for welfare. In fact, scrap them all, says MSNBC’s…
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Tea Party targeting accelerates; mainstream media silent
In May, head of the exempt organizations division of the IRS Lois Lerner apologized for illegally targeting the Tea Party and…
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Gov’t ‘waste’ takes on new definition, as feds pay to collect human urine
The next time you have to tinkle, don’t be too hasty to flush. There’s gold in them there “golden showers.”…
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Paul Ryan budget deal with Democrats hammers military retirees
“This is the worst kind of example of a shady, backroom deal.” — Col. Michael Barron US Army (Ret.) The recent…
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Glass Steagall bill ‘for the 21st century’ introduced by House Dems
Quadrupling down on financial reform, U.S. Rep. John Tierney, D-Mass., joined with Rep. Walter Jones, R-N.C., to introduce the “21st…
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Irish government to unemployed: Get out
25% unemployment among youth… With unemployment on the Emerald Isle headed towards the stratosphere, the Irish Ministry for Social Protection has…
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Sheila Jackson-Lee: Extend unemployment benefits to ‘people with jobs’
Hell, why stop there? Why not cut unemployment checks to pets, house plants, and anyone — and anything — else,…
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Man wrongfully imprisoned won’t see dime of $5M settlement because Detroit is broke
Imagine spending nine years in prison for a crime you didn’t commit. Now imagine being cleared of all charges after…
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Wall Street-Main Street disconnect will eventually connect
Admittedly, we are surprised that Hope and The Fed have sustained the rise in stock market prices so long. Except for…
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Minimum wage increases harm the young, raise unemployment rate
Minimum wage increases drive up unemployment, and eliminate some jobs. Real world examples abound. As a business owner explains: The minimum…
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Conservatives could support Ryan-Murray budget but…
Speaker Boehner and other establishment Republicans must stop disparaging the motives of those who didn’t vote for or support Ryan-Murray.…
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Volcker Rule curbs useful proprietary trading, does nothing to reduce risk
The government just approved a costly regulation called the Volcker Rule to curb proprietary trading by banks — even though such trading…
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Poll: Public overwhelmingly rejects Obama proposed bailout of insurers
Whether you call it a bribe, as Howard Portnoy did earlier this week, or a bailout, as Investors Business Daily did in…
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Obama’s stale speech about inequality pushed welfare, not economic opportunity or mobility
In a speech Wednesday, President Obama “declared that addressing income inequality would be the focus of ‘all’ of the White…
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Obamacare’s hidden ‘gifts’: Law effectively raises minimum wage above $10 per hour
Among the most memorable statements to issue from the pie-hole of womanchild Nancy Pelosi was her claim in March 2010…
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Obama offers bribe to insurers to reinstate canceled plans (using your money)
Remember Obama Money? Unlike Obamaphones, Obama Money didn’t really exist, though thousands of ignorant Detroiters lined up for free cash…
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VA Governor-elect Terry McAuliffe’s light-rail pipe dream
Barack Obama is not the only Democrat who likes to play with trains. Terry McAuliffe likes public-transit projects, too, and…
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Still seeing government-run red on Black Fridays
Pun intended. The failure of economic activity from New Years Days through Black Fridays in the Age of Obama to produce…
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Thankful for faith, friends and football
Admission: It has become increasingly harder for this 2008 Housing-Bust-and-subsequent-Great-Recession-ravaged South Carolina Gamecock now roosted atop Stone Mountain of Georgia,…
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Obama at DreamWorks in La La Land today speaking about (fairytale) economy
Politico reminds us that “Obama is set to speak on the economy at DreamWorks’s Los Angeles-area headquarters on Tuesday.” Which leads me…
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