Unless you’re Barack Obama. Obama can have things any which way he wants without serious questions from most of the media. When it comes to the economy, he told Congress he wants a stimulus package on his desk for him to sign on day 1. As if spending along the lines of a trillion of our dollars is a simple task that needs no deliberation.

But when it comes to showing support for Israel, mum’s the word. That’s when we hear “There’s only one President at a time.” Does the president-elect support Israel’s right to defend itself? Will he continue the US support of Israel? We don’t know and neither does Israel. It would be nice if he could send some sort of signal.

Welcome to Bailoutistan, folks!

Mark Steyn’s column this week sums up our current situation better than anything I’ve come across in a while.

See the USA from your Chevrolet: An hereditary legislature, a media fawning its way into bankruptcy, its iconic coastal states driving out innovators and entrepreneurs, the arrival of the new Messiah heralded only by the leaden dirge of “We Three Kings Of Ol’ Detroit Are/Seeking checks we traverse afar”, and Route 66 looking ever more like a one-way dead-end street to Bailoutistan. Boy, I sure could use a poem by Jacqueline Kennedy Onassis right now, even one of the lesser-loved ones. Read full article.

I must admit, it was a brilliant move for Barack Obama to appoint “centrists”  to his cabinet early and with much fanfare. Some would argue the point that they really aren’t centrists, but why bother. We’ll find out soon enough how moderate they really are.

But there’s nary a soul who can make a convincing argument that his energy team is anything but a bunch of left wing, tree hugging, economy killing ideologues. The Wall Street Journal predicts big carbon taxes in the midst of a depression. Read the rest of this entry »

With all of the money the Fed’s been pumping into the economy, one would think things would have stabilized by now. Yet, November’s job loss numbers tell us things quickly went from bad to worse.

Tom Blumer analyzed the data and was only able to come to one conclusion. Read the rest of this entry »

Not long ago I posted the video How Obama Got Elected. There were twelve Obama voters who were completely ignorant of current events. They didn’t even know which party controls Congress. The producer of the video, John Ziegler, commissioned a study by Zogby which confirmed the results.

Since then, Ziegler’s been attacked by the left. To defend himself, he’s commissioned yet another study, this time by Wilson Research whose results were identical to those of the Zogby poll. Click here for results of both polls. In addition, the data is broken down by where the respondents get their news. (You’ll never guess which news source has the most informed viewers. )

So it’s no surprise that most people were unaware of the damage done to our country since 2006 when Democrats took control of Congress. It may not have made a difference, but wouldn’t it have been nice if John McCain had campaigned on “Are you better off than you were in 2006?” It’s all water under the bridge now, but it’s still important for Americans to understand the record of Speaker of the House Nancy Pelosi and the Democrats she leads.

Her record is so bad that it only took Stephen Moore several paragraphs to sum it all up. It’s abysmal. Read the rest of this entry »

Fred Thompson explains our government’s plan to spend our way out of what we spent our way into. This is great!

“This holiday season, be extra nice to the kids. Bless their hearts! They have no idea what’s in store for them. But of course, that’s their problem.”

H/T Hot Air

John McCain gave another speech today on the economy. He appeared with Mitt Romney, Michael Steele and Meg Whitman. Here’s the transcript. Read the rest of this entry »

The world is accelerating towards events which cannot be foretold. It is unfortunate that the uncertainty is amplified by the crescendo of the election of an American President. It is unlikely that either candidate will meet our expectations and as always we will find the need to see to our future ourselves.

In hopes of providing a little perspective I’ve appended Rudyard Kipling’s poem “If”. The beginning, “If you can keep your head when all about you are losing theirs” seems very appropriate for these times. What follows those words might offer us something more revealing to reflect upon.

Partisans may be tempted to apply it positively to their candidate and negatively to deride his opponent. If you are inclined to do this, take note of just how easily the tables could be reversed. If it is impossible for you to see it from both sides beware, for anger extinguishes the lamp of the mind and hate chills the warmth of the soul.

When you have finished reading, play the Google game and check this Latin phrase. “Homines quod volunt credunt”. Then ask yourself, “If I don’t find a way to see virtue in any person will I truly be better off four years from now?”. Read the rest of this entry »

From the day the stock market took its 777 point tumble we’ve been hearing that the economy would drive voters to Obama. There are political realities that challenge the minds of “normal” people. It is almost like the sensation of slow motion that you get when you are involved in a traffic accident and your mind says “NO NO NO”.

I watched the Wisconsin McCain-Palin rally, and listened to McCain talk about how the best days for America are yet to come. McCain finished by focusing on a positive future for America through teamwork. Now, a New York Times article has highlighted the Obama attitude “Your pain is my gain”. The lower the country goes, the better it is for him. It’s worth the read.

 Americans have learned in the past months how inextricably linked our energy and our economy have become. A disturbing indication of how poor regulation may push the technology and production of alternative fuels off shore has emerged. If we don’t pay attention now we may find ourselves being held hostage to foreign alternative energy sources, much as were are to foreign oil.

Read the rest of this entry »

Let me start by saying I am not an economist, a financial advisor or a Wall Street trader. I’m a middle class working mom. I do have many years of experience in the insurance industry, so I know something about risk and managing risk. I also believe I possess a bit of common sense and (most of the time) good judgment.

This evening I heard two or three different talking heads on TV saying that a trillion dollars vanished today. Wow! What a neat trick! A trillion dollars can just vanish? How does that happen? Did Houdini come back to life?

The only thing to explain it in my mind is the trillion dollars was never there in the first place. Our dollar isn’t backed by anything. When you think about it, what is a dollar anymore?

We all have mortgages on our homes. Many mortgages are worth far more than the homes that secure those mortgages. Our homes are worth no more than someone else is willing to pay for them.

The stock market is no different. The value of a stock is the amount you receive from the sale of that stock. If there is nobody wanting to buy the stock, the stock is worthless. All of us who have saved in 401k’s and IRA’s are gambling that when we retire someone out there will purchase our stocks for more than we paid for them. In a totally free market this might not be such a bad risk, but we’ll never know because we’ve never had a totally free market.

Social Security isn’t a better bet for my generation or my children’s. With the way our government is spending money, how on earth will the goverment be able to live up to its obligations? Thanks to modern medical advances we are living longer, but spending more to stay alive.

To me, we have an artificial economy. When a trillion dollars can ”disappear” in a day, something is very wrong. How is it a good thing for our government to magically produce a trillion dollars and inject it into the economy? Won’t they simply reinflate that bubble that someday has no choice but to burst?

I certainly don’t believe all hope is lost. Rather than investing in bad mortgages, we need Congress to get out of the way and let us invest in our own natural resources. While the media and left bash Sarah Palin they totally disregard her knowledge of the energy industry. When she talks about energy being key to our economic strength and national security she’s sneered at. But she’s right! No wonder they despise her.

Energy is probably the last commodity that we KNOW is valuable. We should start basing our economy on that, and keep those dollars here at home. Enough with the false economy.

There’s quite a bit of information out there and I’m working on pulling it all together into one coherent piece, so please stay tuned.