Obama didn’t deserve a first term much less a second term; NY Times blames Republicans, not Obama for deficit crisis; Foreign demand for U.S. debt has record decline
Majority of Americans say President Obama doesn’t deserve a second term, but the reality is that he wasn’t qualified for a first term.
New York Times blames Republicans and their partisanship for looming debt crisis, but assigns no blame to President Obama. Yes, President Bush and Republicans are partly to blame for the debt but [...]
Iran is officially a nuclear state; Number of illegals decreases in U.S.; Niall Ferguson rebuffs Tim Geithner
From today’s podcast:
And the award for least shocking story of this early year goes to? Iran is a nuclear state! How about some more sanctions, because they’re working marvelously.
The number of illegal aliens in the U.S. has decreased from 11.6 to 10.8 million in 2009. See? I told you there was a bright side to [...]
Geithner dismisses danger of lower U.S. credit rating; Obama’s terrorism czar can’t take criticism; and Ellis Washington on the state of conservatism in the black community
Today’s podcast links:
Geithner: U.S. will never lose Aaa debt rating
Terrorism czar: Stop criticizing anti-terror effort
Black conservatism on the march?
Chairman Obama and Geithner extend TARP’s life
Here’s the story.
U.S Treasury Secretary Timothy Geithner said the Obama administration would extend the $700 billion financial-sector bailout by 10 months but would limit the funds to just a few areas, such as housing and small business.
In letters to lawmakers, Mr. Geithner said he would extend the Troubled Asset Relief Program through October 3, 2010. [...]
Unemployment Hits 10% for First Since Early 80s
The unemployment rate sits at 10.2%, the highest it has been since 1983.
What happened to saving and creating jobs with your wasteful stimulus package, Chairman Obama? Remember that? It was supposed to save the economy, just like Bush and Paulson’s TARP debacle.
Get ready folks. We are headed for a prolonged period of high unemployment, little [...]
