Category Archives: The Economy

How Obumbles killed the economy

Posted on September 26, 2013 | 2 comments

It ain’t rocket science.

“When businesses are uncertain about taxes, health-care costs, and regulatory initiatives, they adopt a cautious stance. Because it is costly to make a hiring or investment mistake, many businesses naturally wait for calmer times to expand. If too many businesses wait to expand, the recovery never takes off.”

Nor is it likely to as Obamacare comes online, increasing uncertainty.

The author of the piece blames both sides, though I think Obumbles deserves the lion’s share.  I suppose, however, that by not fighting harder against the Dumbocrats, the Elephants must share the blame.

Via The Wall Street Journal

UPDATE:  I can’t post this excerpt of Ted’s marathon too often and it fits here because it shows how Obozocare is killing jobs all over the country. Do the Democrats care? That’s a rhetorical question.

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Posted in Obamalot, The Economy

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President Asterisk

Posted on September 21, 2013 | 2 comments

“As we have argued before, Barack Obama’s re-election deserves to be listed with an asterisk in the record books. He is the political equivalent of an athlete found to have used illicit performance-enhancing drugs,” writes James Taranto in the Wall Street Journal, and continues:

“Whether he would have won in 2012 absent the IRS’s political corruption is unknowable. We know only that he did win with the help of a corrupt IRS. And if indeed the election was stolen, many in the media were complicit in its theft.”

Some of us have wondered how he could be reelected presiding over such an awful economy. A corrupt IRS suppressing his opposition’s get-out-the-vote drive is how.

Via Instapundit.

2 Comments

Posted in Blogosphere, Obamalot, The Economy

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Save a local retailer: shop til you drop

Posted on September 8, 2013 | 2 comments

Sad but true. But the fact is we have a consumer economy and if we don’t consume it fails. Especially since Obongo, Pelosi and Reid aren’t doing a damn thing to help. Al Q keeps hitting out at Wall Street, too dumb to realize that finance is a movable feast. As long as they leave the malls alone. But the economy is so bad that retailers are starting their Christmas sales now. Save a local retailer: Shop ’til you drop.

Via Op-For

2 Comments

Posted in Blogosphere, Obamalot, The Economy, The War, Troops

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Texas: Independent nation or just independent?

Posted on September 7, 2013 | 2 comments

Texas was an independent nation in the 1830s-40s, though the old cotton-based Republic of Texas was pretty much a failure. Texians were only too happy to become a part of the United States.

Nowadays with its oil and gas riches, efficient agriculture and independent electric grid, Texas is a lot more capable of independence. And state government has worked at making and keeping it so—just in case.

“Generally speaking, we have made great progress in becoming an independent nation, an ‘island nation’ if you will, and I think we want to continue down that path so that if the rest of the country falls apart, Texas can operate as a stand-alone entity with energy, food, water and roads as if we were a closed-loop system.”

Water could be the biggest problem, but desalinization of the Gulf would be a possibility, if a high-priced one. Naturally, these remarks by Railroad Commissioner Barry Smitherman, have been twisted by the usual leftists to suit their politics. But that’s no big whoop.

Via The Blaze.

UPDATE:  More nonsense, this time from the right. To these people Texas is no more than a stereotype. They need to pull their heads out of their posteriors.

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Posted in Texana, The Economy

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Prescription for losing the White House

Posted on September 7, 2013 | 5 comments

If the Lizard Queen is to have the anticipated chance to take the handoff from Obongo in 2016, all this wind and solar to save the planet nonsense better not go the way of Germany.

“Electricity is becoming a luxury good in Germany…The political world is wedged between the green-energy lobby, masquerading as saviors of the world, and the established electric utilities, with their dire warnings of chaotic supply problems and job losses.”

It could certainly happen here, with the EPA’s war on coal over the next three years. If it does, even the food stampers and welfare voters the Democrats count on might see the (cost of the) light. Not to mention the heat. And the cool.

Our sorry high-unemployment economy, where even sycophant Paul Krugman sees a Democrat failure, alone should be enough but turning electricity into a luxury will do it for sure.

5 Comments

Posted in Blogosphere, Obamalot, The Economy, Weather/Climate

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Al Bore, call your publisher, producer, etc.

Posted on August 31, 2013 | 4 comments

The World Federation of Scientists has a message for the Gorebot and his climate crazies: “Climate change in itself is not a planetary emergency.”

The Federation, composed of more than 10,000 scientists from 110 countries, had this to further say about that:

“Our greatest concern at present is that the intellectual climate for scientific investigation of these matters has become so hostile and politicized that the necessary research and debate cannot freely take place. Political constraints take the form of declaring the underlying science to be settled when it clearly is not; defunding or denigrating research that is perceived to threaten the case for renewable energy; or the use of odious pejoratives like “denialist” to describe dissent from officially-sanctioned views on climate science.”

Golly gosh-a-rooty, does this mean Obongo’s EPA will now stop its war on coal? Can miners in West Virginia and Pennsylvania get back to work? We’ll see, when we learn how much they really respect science that doesn’t support their politics.

Via Instapundit and Fabius Maximus.

UPDATE:  So far, Obumbles is deaf to other conclusions. Gee, what a surprise.

4 Comments

Posted in Blogosphere, Obamalot, Science/Engineering, The Economy, Weather/Climate

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A $22 billion Democrat boondoggle in the Panhandle

Posted on August 30, 2013 | 6 comments

Since these five turbines can’t pay their own way without government subsidies—which also have to pay for the continual, imperative maintenance often neglected by private owners—plans for building them at Pantex, the federal nuke weapons factory and storage outside Amarillo, makes more sense than the ones on private land supposedly intended to, ahem, turn a profit.

Pantex’s federal land presumably will have the further advantage of the EPA turning a blind bureaucratic eye away from all the eagles and other birds these monsters are projected to start killing next summer. While producing supposedly enough electricity to run only sixty percent of the plant. And all for just $4.5 billion each. Each.

One of the contractors is Bechtel, a little firm that was accused of war-profiteering in Iraq in 2006. Can you say Democrat boondoggle with under-the-table payoffs all around? I knew you could.

Via Knoxblogs.

6 Comments

Posted in Blogosphere, Obamalot, Science/Engineering, Texana, The Economy

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