Sixteen States Reject Obama’s Energy Regulations that Will Destroy Their Economies

The states reject energy regulations that Barack Obama is imposing on the nation. Reading the Associated Press story, I wonder how Barack Obama thinks he can get away with this. Does he want a Republican to win the presidency in 2016? Every Republican candidate should spell out how energy prices are going to be jacked up by the President’s use of executive authority. Sixteen states want nothing to do with it. The campaign to stop President Barack Obama’s sweeping emissions limits on power Read more […]

Pastor Argues that Defunding Planned Parenthood Could End National Debt

A Florida Pastor thinks he knows his numbers. The Office of Management and Budget (OMB) better listen up to this guy. Dr. Craig Conner, Senior Pastor of the First Baptist Church in Panama City, Florida has a solution to end the national debt once and for all – and “immediately”- according to him. He says that all you have to do is get rid of Planned Parenthood. Try to maintain composure – at least for a second. Let’s hear him out. According to Pastor Connor, Planned Parenthood “wastes” Read more […]

Hard Evidence: ‘We Are In A Full Blown Global Depression’

For the last several months there have been warnings of a coming economic storm, with many forecasting serious financial calamity by the Fall of this year. With stock markets in China having self destructed, Greece and Europe in another crisis, and corporate earnings for some of the world’s biggest corporations showing lackluster performance, it should be clear that the situation is rapidly deteriorating. But for the last several years America has appeared to remain fairly insulated from Read more […]

6 Reasons Gas Could Fall Below $2

The price of gas is expected to fall below $2 a gallon by the time the New Year rolls around. Gas hasn’t been below the $2 mark since 2009, when the U.S. was in the depths of the recession. Drivers are already paying about 89 cents less a gallon than they were a year ago, and the price is expected to keep dropping. The national average price for a gallon of gasoline reached $2.59 Monday, the lowest since April 30. According to AAA, the price of gas has fallen for 26 days straight as of August Read more […]

Report: Public Demand For Precious Metals Skyrockets: ‘The Whole Supply Chain Could Be Cleaned Out’

Though we’ve seen a significant drop in precious metals prices over the last several years, new evidence from one of the world’s leading retail brokers further suggests that there is a massive disconnect between the paper price on global exchanges and demand by the general public. According to a report from Money Metals Exchange, buyers were snapping up everything they could get their hands on over the last 45 days: Public demand for gold and silver coins, rounds, and bars suddenly skyrocketed Read more […]

Fed Can’t Save Stocks from Verge of Collapse: ‘Huge Disaster Waiting to Happen’

Yet another voice has warned that the world teeters dangerously close to a repeated and prolonged financial disaster. With everything so connected, trouble in China means contagion in the rest of the global market, according to David Stockman, a former U.S. Representative, Reagan’s Director of the Office of Management and Budget and an investor for several major Wall Street firms. CNBC reports: David Stockman has long warned that the stock market is on the verge of a massive collapse, Read more […]

Why Work?: Labor Participation Rate Takes Another Record Plunge

A record 93,770,000 Americans were not in the American labor force last month, and the labor force participation rate remained at 62.6 percent, exactly where it was in June — a 38-year low, the Labor Department reported on Friday. In 1975, when the Bureau of Labor Statistics began keeping such records, 58,627,000 Americans were not in the labor force, and the number has grown steadily since then, breaking the 80-million mark at the end of George W. Bush’s presidency; and the 90-million mark in Read more […]

Dutch King: The Welfare State Is Over

The American left regularly points to the social democracies of northern Europe as templates for a better United States. If only our economic policies were more like those in Sweden, Finland, or The Netherlands, there would be no limit to our success. What they haven’t noticed are the ample flaws of those systems in shown in social stagnation, capital flight, and reduced freedom. But the most important development our progressives miss is that these famously liberal states are rolling back their Read more […]

Walmart Raises Minimum Wage for 100,000 Employees, Stores Begin Closing, Workers Let Go

It’s almost become silly to state, but in yet another case of we told you so, the evidence is clear with just how harmful raising the minimum wage really is to all Americans. Why is it hard to comprehend that stores and businesses will lay people off, cut their hours, and bring up the prices of goods if low skilled workers are making the same amount per paycheck as someone a couple years out of college? If everyone earns one million dollars annually, wouldn’t you figure even a 900 sq. ft. Read more […]

Alan Greenspan Warns Rising Entitlements ‘Extremely Dangerous’ for Economy

While markets hone in on the Federal Reserve’s monetary policy hints, former Fed Chairman Alan Greenspan sees a bigger economic irritant—government spending. On Wednesday, Greenspan decried a rise in entitlement costs, which he contended have pressured the U.S. economy. “To me the discussion today shouldn’t even be on monetary policy it should be on how do we constrain this extraordinary rise in entitlements,” he said in a CNBC “Closing Bell” interview, calling the trend “extremely dangerous.” Read more […]

Bernie Sanders Campaigns on $15/Hour Minimum Wage; Pays His Interns $12/Hour

Bernie Sanders wants to raise the federal minimum wage to $15 an hour, but he sees fit to pay his interns only $12 an hour. You might say, “$15, $12, what’s the difference?” Well, $3 to be exact. In a press release, Sanders stated: “It is a national disgrace that millions of full-time workers are living in poverty and millions more are forced to work two or three jobs just to pay their bills,” Sanders said at the outdoor rally near the Capitol. “In the year 2015, a job must lift workers Read more […]

China Just Dumped Over Half a Trillion US Dollars; What’s Going On?

We’ve recently reported that China is preparing for something very big in currency markets this October. We then learned that economic models from two very well known financial forecasters are predicting that governments around the world will run into serious problems starting around October 2nd of this year. Those forecasts come on the heels of a warning issued by economic analyst Michael Snyder who says that a financial collapse is imminent within the next six months. A wide body of evidence Read more […]