Monthly Archives
September 2012
15% of Americans on food stamps under Obama
A record number of Americans are on food stamps under Obama, and that has economists worried. Three years after the recession officially ended “47 million people each month are using the Supplemental Nutrition Assistance Program (SNAP),” Manhattan Institute economist Diana Furchtgott-Roth reports. “Food stamp participation has always increased during a recession and in the initial stages […]
Read moreObama bows to attackers, uses White House to attack free speech
“President Barack Obama has bowed to the Muslim Brotherhood’s demand that the federal government suppress a satirical video of Islam’s prophet, Muhammad,” The Daily Caller reports. Tommy Vietor, a spokesman for the National Security Council, told the Washington Post that the White House has “reached out to YouTube to call the video to their attention […]
Read moreWhy QE3 will crash and burn
Despite it twice failing to stimulate the economy, a desperate Obama administration is making a third attempt at saving his re-election by inflating our money. Gerald P. O’Driscoll Jr. explains why, in this Wall Street Journal guest opinion from Aug. 30, 2012. Quantitative easing is the Fed’s version of “stimulus,” the complement to fiscal stimulus. […]
Read moreConfidence in the Fed sinks to new low as Obama economy collapses
“Confidence in the Federal Reserve Board’s ability to keep inflation under control remains at the lowest level of 2012 as Americans overwhelmingly continue to report they are paying more for groceries compared to last year,” a new Rasmussen Reports poll finds. “A new Rasmussen Reports national telephone survey finds that 37% of American Adults are […]
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