Economy  (Page 10)

LA Luxury Apartment Inferno Hits Homeless Hardest

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Posted by  ▪  Wednesday, December 17, 2014 at 1:00pm 12/17/2014 at 1:00pm

Last week, traffic on two Los Angeles freeways came to a halt as fire crews responded to a massive inferno that incinerated a downtown luxury apartment complex under construction.

There is currently no cause that has been officially determined by arson investigators.

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Surprise: Obama “practicing trickle-down economics”

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Posted by  ▪  Sunday, October 5, 2014 at 3:33pm 10/5/2014 at 3:33pm

At Obama’s recent speech in Illinois, he spent part of his time talking about improvements he has made to the economy and suggested other things that could be done. Naturally, he railed against trickle down economics.

On Special Report with Bret Baier, George Will provided some facts for the low information crowd.

Transcript...

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Fiscal derailment result of CA bullet train ruling

http://www.hsr.ca.gov/Newsroom/Multimedia/images.html
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Posted by  ▪  Tuesday, September 16, 2014 at 10:00am 9/16/2014 at 10:00am
http://www.hsr.ca.gov/Newsroom/Multimedia/images.html

We have been chronicling the journey of California’s vaunted “high speed train” construction project, which has been anything but speedy.

When we last checked, Sacramento judge Michael Kenney had wisely ruled that state officials cannot pursue a plan to tap billions of dollars in voter-approved bond funding for construction—a decision that could...

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Analysis: Democrats’ redistributionist agenda will hurt the world

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Posted by  ▪  Saturday, July 19, 2014 at 4:01pm 7/19/2014 at 4:01pm

Well here’s something different.

As Netroots Nation cries out for income and wealth distribution and props up the class warrior Elizabeth Warren to cult status, some careful economic analysis finds that income inequality is decreasing globally and that redistribution in the U.S. would hurt the developing world.

In an Op-Ed in The NY...

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US Economy Tanks In First Quarter

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Posted by  ▪  Wednesday, June 25, 2014 at 3:00pm 6/25/2014 at 3:00pm

Despite the multiple “Summers of Recoveries” touted by President Obama and Vice-President Biden — it seems the U.S. economy is, at best, in a stall.

Gross domestic product — the broadest measure of economic growth — contracted at a 2.9% annual rate in January through March, according to...

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Mother Jones Unwittingly Makes a Case for the Keystone Pipeline

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Posted by  ▪  Sunday, June 1, 2014 at 3:00pm 6/1/2014 at 3:00pm

The reliably leftist publication Mother Jones has noticed that using trains to transport oil hasn’t worked out too well over the last few years.

Too bad there’s no safer way to transport fuel.

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George Will Notes the Democratic Party’s Income Inequality Problem

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Posted by  ▪  Sunday, March 16, 2014 at 10:30am 3/16/2014 at 10:30am

The Democratic Party has made it clear that they’re planning to run on “income inequality” in 2014. Liberal Washington Post writer Greg Sargent has even suggested this strategy is part...

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Jobs Report in Videos, Vine and Music

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Posted by  ▪  Saturday, January 11, 2014 at 7:30am 1/11/2014 at 7:30am

We’re leaning forward, but not going anywhere.


(video h/t Hot Air)

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Looking at 2013 economic news for clues to 2014

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Posted by  ▪  Tuesday, December 31, 2013 at 8:15am 12/31/2013 at 8:15am

As I was reviewing the economic news of 2013, I felt a few updates might be in order as we conclude the wild ride that this year has been.

One of the most fascinating stories of the year, from my capitalism-loving point-of-view, centered on Cyprus.  In March, wealthy depositors with banks on...

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Unexpected jump in consumer sentiment coincides with polls showing Obama could lose

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Posted by  ▪  Friday, October 12, 2012 at 3:03pm 10/12/2012 at 3:03pm

Optimism is sweeping the country unexpectedly (via Drudge):

U.S. consumer sentiment unexpectedly rose to its highest level in five years in October as consumers became more optimistic about the overall economy in a possible boost to President Obama’s reelection hopes next month….

The Thomson Reuters/University of Michigan’s preliminary October reading on the overall...

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Obama’s stall-speed economy

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Posted by  ▪  Thursday, September 27, 2012 at 1:15pm 9/27/2012 at 1:15pm

Today the Wall Street Journal‘s Paul Vigna referred to the U.S. economy as the “Stall-Speed Economy” after the latest economic data was released this morning. Most striking: revised...

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Milton Friedman v. Obama/Warren/Lakoff

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Posted by  ▪  Tuesday, July 31, 2012 at 9:40am 7/31/2012 at 9:40am

Today would be Milton Friedman’s 100th birthday.

I’ve played this video before, but it’s particularly timely in light of the “you didn’t build that” narrative which has become the foundation of the Obama campaign taken from Elizabeth Warren who took it from George Lakoff.

 
 
 

Obama’s vision of the state as master, not as servant

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Posted by  ▪  Wednesday, July 18, 2012 at 8:30am 7/18/2012 at 8:30am

As you know from the primaries, I’m no fan of John Sununu.

But when it comes to Obama’s complete lack of understanding and disdain for what makes this country’s economy work, Sununu got it right yesterday

Despite the media hoopla, tell me exactly what was wrong with this statement:

In a conference call with reporters, former...

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Berkshire Hathaway’s Munger: “Civilized people don’t buy gold”

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Posted by  ▪  Sunday, May 6, 2012 at 1:00pm 5/6/2012 at 1:00pm

This Friday Charles Munger of Berkshire Hathaway addressed the growing interest by Americans in investing in gold. Munger, Warren Buffett’s “right-hand man,” and the vice chairman of Berkshire Hathaway made his comments on CNBC:

Gold is a great thing to sew into your garments if you’re a Jewish family in Vienna in...

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The Obama Great Failed Recovery

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Posted by  ▪  Sunday, April 15, 2012 at 1:00pm 4/15/2012 at 1:00pm

What is known in the media and Obama campaign speak as The Worst Recession Since The Great Depression, or The Great Recession, is Obama’s excuse for everything.

It’s Bush’s fault, Obama inherited all our problems, etc.

The Bush Great Recession is Obama’s pass to pass the buck.

So keep in mind, and repeat endlessly through November...

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Caterpillar will build new plant outside Illinois due to negative business climate

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Posted by  ▪  Thursday, February 9, 2012 at 11:42am 2/9/2012 at 11:42am

Caterpillar has ruled out building a planned new plant in Illinois due to the negative business climate, via AP:

“Please understand that even if your community had the right logistics for this project, Caterpillar’s previously documented concerns about the business climate and overall fiscal health of the state of Illinois still would...

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Joe the Ford Buyer

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Posted by  ▪  Friday, September 16, 2011 at 2:46pm 9/16/2011 at 2:46pm

Would anyone consider it “unexpected” if a variety of federal governmental agencies subjected Ford to a regulatory colonoscopy because of this commercial, which has clear political overtones.  Of course, they will not phrase it that way, it will be to “save the environment” or “protect children” or some other pretext.

And the guy...

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