I have been trying not to be too hard on the Obama Administration regarding their bungling of the Deepwater Horizon oil spill. After all, this is Obama’s first real job and he’s a lawyer, not an engineer. It turns out that my forbearance in criticizing the Obama administration over this issue was largely unearned. Three [...]
Ken Salazar, President Obama’s Secretary of the Interior, may soon job the ranks of America’s millions of unemployed. Barack Obama publicly took responsibility for the troubled cleanup efforts surrounding the Deepwater Horizon Oil Spill, saying “In case you’re wondering who’s responsible, I take responsibility.” However, a USA Today/Gallup public opinion poll shows that the majority [...]
Over a million Americans are unemployed and having given up hope of finding a job. 1.08 million Americans are officially listed as “discouraged workers”, which means that they have not looked for work in more than four weeks. They have simply given up on finding jobs until the economy recovers. 46% of those without jobs [...]
The Bureau of Labor Statistics (BLS) issues a report every month listing the employment statistics of the previous month. These reports are extremely valuable to financial analysts, especially now that the unemployment rate is almost double what it was under the Bush administration. Stocks rise and fall on these numbers, money is made or lost, [...]
The EU (European Union) and the IMF (International Monetary Fund) are bailing Greece out of the problem it got into as a result of socialist policies and unchecked government growth. Greece has been living far beyond it’s means for many years and now it’s time to pay the piper — except it’s not the Greeks [...]
Since 1951, the U.S. Congress has placed restrictions in its annual appropriation bills which state “No part of any appropriation contained in this or any other Act shall be used for publicity or propaganda purposes within the United States not heretofore authorized by the Congress.” The Congressional Research Service issued a clarification in 2005 which [...]
