Tuesday, February 28, 2012

Oil Speculators Cash In on Washington's Lapse

In 2008, then candidate Obama said gas prices were exorbitant because of failed policies. This week he said they were high because of increasing global demand combined with pockets of unrest. I'm not going to dignify either contention with a reasoned response. Here's the point to keep in mind: Neither the administration nor the Congress wants clarity on energy prices. The reason for this is simple. They are too indebted to the financial services industry that is capitalizing on the confusion to do anything about it. [more...]

Tuesday, February 21, 2012

The Truth About Oil

Iran, OPEC, evil oil companies and hurricanes... oh my! What in the world is driving oil prices? The price we are paying at the pump has never been so high at this time of the year.  The media is already speculating that we will be paying $5 at the pump very soon.  Since Obama has taken office, the price of oil has risen by over 86%.  The media is always coming up with different reasons as to why oil prices rise and fall, and more often than not, they are dead wrong. I will explain to your listeners what is driving the skyrocketing cost of oil.  Are there political forces at work?  Is it the result of our monetary policy?  Is speculation to blame?  What about BIG OIL? [more...]

Tuesday, February 14, 2012

Government's Latest Shakedown: $25 Billion - Today's Outrage

When U.S. Attorney General Eric Holder and U.S. Housing and Urban Development Secretary Shaun Donovan announced the federal government and 49 state attorneys general reached a $25 billion agreement with the nation's five largest mortgage servicers to address mortgage loan servicing and foreclosure abuses, something is definitely happening on Shakedown Street. This is nothing more than the Feds holding a gun to the head of the largest banks and telling them to empty their pockets. [more...]

Mr. Obama, We Don't Have a Tax Problem, We Have a Spending Problem

Did you see President Obama's new 2013 budget? It's filled with $1.5 trillion in tax increases for the rich. It appears that the president and his leftist cabal believe we are all stupid. They believe if you tell enough lies, the lies become fact. They spend all day, every day, trying to convince Americans that taxes on the rich are too low. The reality is taxes are not low at all. If you think they are, you've either been brainwashed or you aren't paying taxes. The truth is: The taxes are too damn high. [more...]

Tuesday, February 7, 2012

American Jobs Fallacy

By Christopher Markowski

The mainstream media could hardly hold back their glee with the January jobs report released by the Bureau of Labor Statistics, which showed our unemployment rate dropping to 8.3%. Hold the Dom Perignon!  The numbers are not what they seem.  In a report worthy of Soviet Central Planning, a record 1.2 million people “disappeared" from the labor force last month.  The labor participation rate is now down to a fresh thirty year low.  When looking at the internal numbers even closer, it actually gets worse. Do any of the candidates have the right stuff on job creation?