Sen. Grassley: GOP Has 'Leverage' Over Obama on Fiscal Cliff

Jim Meyers and Kathleen Walter Newsmax 26 Dec 2012

Longtime Sen. Chuck Grassley tells Newsmax that Republicans have a “great deal of leverage” on President Obama because they can refuse to raise the debt ceiling unless he agrees to spending cuts.

The Iowa Republican also says the president wants the nation to go over the […]

Social Security adds to deficits

You can look it up (p. 465)

Editorial USA Today 11/27/2012

Do Democrats really believe Social Security doesn’t contribute to federal deficits and the national debt? They’re certainly saying it a lot:

“Social Security does not add one penny to our debt, not a penny,” Sen. Dick Durbin of Illinois, the No. 2 Democrat in […]

Obama brought a knife to a gunfight

Kimberly Morin Manchester Political Buzz Examiner 10/3/2012

The first presidential debate was held tonight in Denver, Colorado and moderated by PBS’ Jim Lehrer. The debate was focused on domestic issues and ran for 90 minutes. From the very beginning, Romney was articulate, confident and was well versed in each topic covered. Obama, without his teleprompter, […]

Obama to propose a “Buffett tax” while pushing jobs plan

Ed Morrissey 9/18/2011

Talk about your mixed messages! While Barack Obama goes on the campaign trail trying desperately to drum up support for a jobs plan that will cost $450 billion, the President will also deliver at the same time his plan to reduce the spiraling federal deficit and slow the runaway growth of […]

Pelosi drops the word ‘stimulus’

Mike Lillis The Hill 9/6/2011

Rep. Nancy Pelosi (D-Calif.) and House Democrats have dropped the word “stimulus” from their vocabulary.

Though the House minority leader and her caucus are still pushing an economic stimulus agenda to save the economy, they’ve radically changed their rhetoric with the hope of winning over voters who saw “stimulus” as […]

Here’s The Problem With This Market Crash…

Henry Blodget Business Insider 8/4/2011


Well, it’s deja vu all over again.

For anyone who followed the market crashes of 2000-2002 and 2007-2009–especially the crash of 2007-2009–the 512-point drop in the Dow feels awfully familiar.

And as those market crashes reminded us, the downdrafts can last a lot longer and be a lot […]