Free Republic 2nd Quarter Fundraising Target: $85,000 Receipts & Pledges to-date: $21,869
25%  
Woo hoo!! And the first 25% is in!! Thank you all very much!!

Keyword: obamataxhikes

Brevity: Headers | « Text »
  • Casualty of Coal: One of Two Major Coal-Fired Electric Plants to Close

    04/17/2014 5:41:07 AM PDT · by Phillyred · 23 replies
    SHAMOKIN DAN — The plant in Shamokin Dam once produced enough electricity to power a city three times the size of Scranton. It is 65 years old, but few here thought the facility known as the Sunbury Steam Plant would be forced into retirement. “It’s sad to see it close down,” said Robert Hoffman of Sunbury. “The plant`s been there since I can remember. As a matter of fact when i was in high school we toured that plant.” “Since they put stack reclaimers on it, its been a fairly clean plant,” added Ed Quiggle of Shamokin Dam Sunbury Generation...
  • The Recovery is Dead

    04/17/2014 5:45:26 AM PDT · by Kaslin · 45 replies
    Townhall.com ^ | April 17, 2014 | John Ransom
    There’s a damning number regarding our economy that Obama doesn’t want to talk about. It’s a number, but for him, would be lower. And, lower, in this case would be a good thing for the economy. “Although estimates vary,” says Joel Kurtzman, a senior fellow at the Milliken Institute, “American companies have between $4 and $5 trillion in liquid assets, a sum greater than the size of the German economy.” How is it that companies can now have more cash than anytime in history, while unemployment remains so high, inflation in many goods so low, and national income grows so...
  • National School Lunch Program Embarrassment Continues

    04/13/2014 1:03:17 PM PDT · by neverdem · 22 replies
    Reason ^ | April 12, 2014 | Baylen Linnekin
    The USDA has managed to make school lunches stink even more. So why does the government continue?>School lunches still stink. But now unprecedented numbers of students are refusing to eat them.Last month I noted that a GAO report had found that last school year's disastrous rollout of the updated USDA National School Lunch Program helped drive 1.6 million paying students from the lunch rolls. The new rules led some schools to abandon the program, as I reported in 2012. What's more, the new rules, championed by First Lady Michelle Obama, have also resulted in unprecedented mountains of food waste.As I...
  • RECORD-HIGH 60% OF CALIFORNIANS SAY THEY PAY TOO MUCH TAX

    04/13/2014 1:28:04 PM PDT · by Beave Meister · 22 replies
    Breitbart ^ | 4/13/2014 | JOEL B. POLLAK
    Ahead of the April 15 tax deadline, a record-high 60% of Californians say that they pay "much more" or "somewhat more" in taxes than they should, according to a recent survey by the Public Policy Institute of California (PPIC) (and noted by John Seiler of Calwatchdog.org and Stephen Frank of CApoliticalnews.com). However, as PPIC Mark Baldassare notes at Fox&Hounds, Californians still believe that the answer is to tax wealthy earners or corporations more--not to reform and broaden the current tax system. The PPIC survey, which was conducted in March among 1,702 adults, notes: While about half of Californians view the...
  • Jobs recovery killing entrepreneurial spirit [CNN Fantasy, There is no recovery]

    04/09/2014 5:39:28 AM PDT · by SoFloFreeper · 11 replies
    CNN ^ | 4/9/14
    NEW YORK (CNNMoney) As more and more Americans find jobs, it's having a chilling effect on potential new entrepreneurs, according to a new industry report. Last year, 476,000 new businesses were created each month, mostly in the construction and services industries.... That's down 7% from 2012, when 514,000 new businesses were being created monthly....
  • Democrats hope equal pay issue will mobilize women voters

    04/08/2014 3:35:40 PM PDT · by Oldeconomybuyer · 12 replies
    Sacramento Bee ^ | April 8, 2014 | By Lindsay Wise and David Lightman
    A Democratic blitz this week for new orders and laws promising equal pay for women is a key agenda item the party hopes will boost turnout this fall among its most loyal voters. President Barack Obama signed two executive actions, which will bar federal contractors from retaliating against employees for comparing salaries and require contractors to report compensation data to the government by gender and race. A McClatchy analysis in January found that women employees at the White House make 91 cents for every dollar men make. The female share of the federal workforce also has declined under Obama, while...
  • WH Demands 'Equal Pay for Women,' Pays Own Female Employees Less Than Men

    04/08/2014 9:57:51 AM PDT · by Kaslin · 9 replies
    Townhall.com ^ | April 8, 2014 | Guy Benson
    Carney's points make sense, but don't those exact same arguments apply to the big, bad corporations Democrats are targeting? Of course they do. But that's not the point. As we discussed yesterday, Democrats are hoping to replicate their successful 2012 playbook by shifting voters' focus onto ancillary issues, and away from the political fundamentals. This week they're trotting out equal pay for women in an effort to underscore their "Republican war on women" meme. President Obama is signing two executive orders related to the issue today, while the Senate will debate the Paycheck Fairness Act: Obama's latest foray into the...
  • Why Obama’s Presidency Has to Be All About Race Now

    04/08/2014 11:05:01 AM PDT · by 2ndDivisionVet · 9 replies
    The Federalist ^ | April 8, 2014 | Robert Tracinski
    Barack Obama’s presidency is failing. Despite what he and his cheerleaders in the press think, he is still losing the argument over ObamaCare. The program has posted a few non-catastrophic enrollment numbers lately, but a lot of the public has already made up their minds. They never liked the program much to begin with, and now that they know what’s in it, they like it even less. The economic recovery, such as it is, continues to be slow, painful, and jobless. The president’s foreign policy is spinning out of control in all directions. So the left is doing what they...
  • Obama looks to close wage gap while paying female staffers less than men

    04/07/2014 7:40:13 AM PDT · by MeshugeMikey · 11 replies
    Daily Caller ^ | 04/06/2014 | Caroline May
    Despite advocates’ cheers about paycheck equity, the Obama White House has paid women less than men for years.
  • Democrats pray for economic spring

    04/05/2014 9:31:24 AM PDT · by mandaladon · 33 replies
    Politico ^ | 5 Apr 2014 | BEN WHITE
    This was supposed to be the year the U.S. economy would finally break out of the doldrums — the year it would deliver the kind of robust growth that could lift President Barack Obama’s dismal approval ratings and help Democrats avoid a shellacking in November. It now looks like that dream is fading fast. So far, it’s been easy to dismiss weak economic news as the result of an awful winter. But those excuses ended with Friday’s March jobs report, the first of spring, which showed a lower-than-expected gain of 192,000 — Wall Street traders were looking for something closer...
  • Yuk-Yuk… Obama Calls GOP Economic Plan a “Stinkburger” (Video)

    04/02/2014 4:51:36 PM PDT · by Nachum · 35 replies
    The Gateway Pundit ^ | 4/2/14 | Jim Hoft
    Classy. During a visit to the University of Michigan today, President Obama said that the GOP’s alternative ecoonomic plan was a “Stinkburger”.
  • Is this a last hurrah for the ol' greenback

    11/23/2005 5:46:13 PM PST · by Daralundy · 18 replies · 1,433+ views
    Telegraph ^ | November 24, 2005 | Ambrose Evans Pritchard
    The world's two richest men have both lost a slice of their fortunes this year betting against the dollar. Microsoft's Bill Gates said with fulminating certainty in Davos last January that it was time to "short" the greenback. "The ol' dollar is going down. It is a bit scary. We're in uncharted territory when the world's reserve currency has so much outstanding debt," he said. His friend Warren Buffet kept pace, switching $22billion (Ł13billion) of Berkshire Hathaway funds into foreign currencies. He said it pained him as an American, and broke the habits of a life-time. But a country living...
  • Buffett sees "long, deep" U.S. recession (Shut up already, Warren!)

    BERLIN (Reuters) - The United States is already in a recession and it will be longer as well as deeper than many people expect, U.S. investor Warren Buffett said in an interview published in German magazine Der Spiegel on Saturday. He said the United States was "already in recession" and added: "Perhaps not in the sense that economists would define it" with two consecutive quarters of negative growth. "But the people are already feeling the effects," said Buffett, the world's richest man. "It will be deeper and last longer than many think." But he said that won't stop him from...
  • Billionaire Warren Buffet Says U.S. Economy has "Fallen Off a Cliff" - Video 3/9/09

    03/09/2009 6:25:19 AM PDT · by Federalist Patriot · 15 replies · 974+ views
    Freedom's Lighthouse ^ | March 9, 2009 | BrianinMO
    Here is video of Billionaire Warren Buffet in an interview with CNBC today saying in an interview that the U.S. Economy has "fallen off a cliff." Buffet says he has seen more drastic changes in American consumers than at any time in his lifetime. He believes the fear Americans have has changed their spending habits, and that will not be altered quickly. Buffet said the core of the problem goes back to the belief that housing prices could only go up and never down, a belief he said everyone had - including himself. Buffet said this economic disaster will end,...
  • That thud you just heard was Warren Buffett throwing Obama under the bus

    03/11/2009 6:03:16 PM PDT · by slomark · 33 replies · 1,052+ views
    [VIDEO] Excerpt: Then came Warren’s big but (which is totally unrelated to Michelle Obama’s big butt): “…Job one is to win the war, the economic war. Job two is to win the economic war. And job three. And you can’t expect people to unite behind you if you’re trying to jam a whole bunch of things down their throat. So I would, I would absolutely say for the, for the interim, till we get this one solved, I would not be pushing a lot of things that are, you know, are contentious. And I also, I also would do no...
  • Warren Buffett says economy fell off a cliff

    03/09/2009 7:03:11 AM PDT · by freespirited · 14 replies · 660+ views
    Yahoo ^ | 3/9/09 | Josh Funk
    Billionaire Warren Buffett said unemployment will likely climb a lot higher depending upon how effective the nation's policies are, but he remains optimistic over the long term. Buffett said the nation's leaders need to support President Barack Obama's efforts to repair the economy because fear is dominating Americans' behavior and the economy has basically followed the worst-case scenario he envisioned. "It's fallen off a cliff," Buffett said Monday during a live appearance on CNBC. "Not only has the economy slowed down a lot, but people have really changed their habits like I haven't seen." ... He predicted that unemployment will...
  • Sarah Palin is Right: Obamacare Death Panel Real; Disguised as the Democrat Senatorial Campaign Comm

    04/02/2014 6:26:20 AM PDT · by Kaslin · 20 replies
    Townhall.com ^ | April 2, 2014 | John Ransom
    Turns out Sarah Palin was right. Obamacare does have Death Panels, and they are currently disguised as the Democrat Senatorial Campaign Committee and the Democrat Congressional Campaign Committee. In this week when Obamacare finally turns one day old, the political problems that our economic recovery face have never been on better display. While the stock market makes new highs, even the Fed is acknowledging that this recovery is different. And because it’s different, Wall Street is winning and Main Street is losing. “Although we work through financial markets, our goal is to help Main Street, not Wall Street,” said...
  • What’s the most expensive ingredient in beer? Taxes! (VIDEO)

    04/01/2014 3:38:43 PM PDT · by TheProducer · 2 replies
    The Libertarian Republic ^ | 4/1/2014 | Ian Huyett
    Obama's & His Dark Sayings; The Wrath of God On America http://www.youtube.com/watch?v=Rrp6wUkTGjY
  • Is the U.S. stock market rigged?

    03/31/2014 8:56:49 PM PDT · by Ray76 · 48 replies
    CBSNews ^ | Mar 30, 2014 | Steve Kroft
    This month marks the fifth anniversary of the current bull market on Wall Street, making it one of the longest and strongest in history. Yet U.S. stock ownership is at a record low and less than half of Americans trust banks and financial services. And in the last two weeks, the New York attorney general and the Commodities Futures Trading Commission in Washington have both launched investigations into high-frequency computerized stock trading that now controls more than half the market. The probes were announced just ahead of a much anticipated book on the subject by best-selling author Michael Lewis called...
  • Study: ‘War on Coal’ will hit Wisconsin manufacturing hardest

    03/29/2014 7:10:55 AM PDT · by afraidfortherepublic · 16 replies
    Wisconsin Reporter ^ | 3-27-14 | M. D. Kittle
    MADISON, Wis. — Of all the national casualties expected from the Obama administration’s “War on Coal,” manufacturers in Wisconsin’s 6th Congressional District could be hit the hardest. That’s the finding of a new analysis, published by the conservative Heritage Foundation, that tracks the long-term economic impact of the Environmental Protection Agency’s proposed limits on carbon dioxide emissions — strict standards that, industry officials assert, would all but kill construction of new coal-fired power plants and force existing facilities into early retirement. Energy expert Nicolas Loris analyzed the effects of a 20-year phase-out of coal. His study projects significant job loss...
  • The Obama Economy Stinks and It's Going to Get a Lot Worse

    03/29/2014 6:01:46 AM PDT · by Kaslin · 65 replies
    Townhall.com ^ | March 29, 2014 | Donald Lambro
    WASHINGTON - The news media was ecstatic when the government said in January that the economy grew by 3.2 percent in the last three months of 2013. It was convincing proof, they said on the nightly news, that the economy had finally recovered from its chronic lethargy. But according to a revised estimate released Thursday by the U.S. Commerce Department's Bureau of Economic Analysis, that 3.2 percent figure was a wild exaggeration. The U.S. gross domestic product (GDP), the broadest measure of our country's entire economic output, grew no more than 2.6 percent in the fourth quarter -- a pitifully...
  • Time to scrap the mortgage interest deduction: Simplify the Tax Code and Lower Tax Rates for All

    03/28/2014 7:03:46 AM PDT · by SeekAndFind · 129 replies
    Washington Examiner ^ | 03/27/2014 | Philip Klein
    In the coming weeks, Americans will spend an average of 13 hours and $210 to prepare their federal taxes. Beyond the compliance burden the federal tax code imposes, it also distorts economic activity and discriminates against some taxpayers in favor of others. But one of its most egregiously unfair provisions is also among its most popular - the mortgage interest deduction. In theory, the mortgage interest deduction is supposed to encourage home ownership, a questionable goal for government to begin with. The purpose of taxes is to raise money to finance government services, not to manipulate human behavior or economic...
  • The U.S. Economy's Big Baby Problem

    03/24/2014 8:35:06 PM PDT · by MinorityRepublican · 57 replies
    The Atlantic ^ | MAR 5 2014 | DEREK THOMPSON
    Last September, the U.S. government announced that our birthrate fell to "another record low" in 2012, following a long, steady slide since the Baby Boom after World War II. It goes without saying that, morally speaking, there's nothing wrong with this. It's natural, in a way. All over the world, birthrates tend to fall along with economic development, for numerous reasons including (a) the move away from a labor-intensive small-farm economy and (b) women's ascendance in the workforce, which uses time that used to be devoted to child-rearing. Families in richer countries tend to have fewer kids. In places like...
  • Hollywood Losing Movies and Jobs Due to Tax Incentives

    03/22/2014 4:14:07 PM PDT · by rightwingerpatriot · 28 replies
    Rightwingpatriot.com ^ | March 22, 2014 | Rightwingerpatriot
    It appears that Hollywood is in a lot of trouble, not to mention California as a whole. California offers a paltry amount of tax incentives for filming within the state as opposed to most other states or even a number of countries. In fact, California's tax incentive program for the film and television industry currently stands at $100 million annually while New York's program is at $420 million. Some states don't even have a cap. What this means is that Hollywood is fleeing Tinsletown to film out of state, which is costing California billions of dollars and tens of thousands...
  • Pelosi Laughably Claims Democrats Are The Jobs Party (She's beyond help)

    03/22/2014 12:16:03 PM PDT · by jazusamo · 48 replies
    Investors.com ^ | March 21, 2014 | IBD Editorial
    Election '14: Chief House Democrat Nancy Pelosi says her party can win this November by asking, "Where are the jobs?" That's like Bill Clinton running for re-election asking, "Where are the interns?" Former House Speaker Pelosi supposedly had been celebrating the fourth anniversary of the enactment of ObamaCare last week. She was, after all, standing before a placard touting "The Affordable Care Act Four Years Later," which featured photos of happy-looking, satisfied patients. "We just couldn't be prouder," she said of the health reform that has been separating Americans from their preferred doctors, their health plans and lots more of...
  • Illinois: How will we fix our budget problems? Let’s tax millionaires!

    03/21/2014 2:12:17 PM PDT · by SeekAndFind · 23 replies
    Hotair ^ | 03/21/2014 | Bruce McQuain
    This worked so well for France that Belgium had a real estate boom with the new tax on millionaires was announced. And New Jersey learned that millionaires have a tendency to leave when confronted with higher taxes. But Illinois? Well, per Michael Madigan, Speaker of the Illinois House of Representatives, Illinois is different: “Well, if they’re in Illinois today, they’re probably so much in love with Illinois that they’re not going to leave,” he said, according to the Tribune–a backhanded acknowledgement of how poorly the state is already doing.Madigan may also be encouraged by California’s example, where millionaires have largely...
  • Fed to Raise Interest Rates on Obama's Weak, Struggling and Jobless Economy

    03/21/2014 11:50:28 AM PDT · by Kaslin · 27 replies
    Townhall.com ^ | March 21, 2014 | Donald Lambro
    WASHINGTON - Federal Reserve Chairman Janet Yellen briefed the country Wednesday on the Fed's plans for the economy's problem-plagued recovery, sending Wall Street into a swoon. It was her first news conference as the new head of the nation's central bank, and though she was cautious in her remarks, she suggested that economic data has improved more than many people, and other economists, think. But it was the Fed's plans to start raising interest rates earlier than expected that came as an ice cold shower for the still- sluggish economy and for the stock market. Yellen's remarks, following a report...
  • Are Larry Page, Jerry Yang, and Larry Ellison pulling their philanthropic weight?

    03/21/2014 11:40:36 AM PDT · by Oldeconomybuyer · 17 replies
    San Francisco Chronicle ^ | March 21, 2014 | By Joe Garofoli
    We often write about the generosity of philanthropists. But what about rich folks who are giving — but not really pulling their weight? Inside Philanthropy’s calls out some billionaires not because they’re not giving, but because they’re not giving ENOUGH based on how much cash they’ve got stuffed in the mattress. While The Chronicle of Philanthropy annually drops its list of the top 50 donors, Inside Philanthropy took a different approach. Instead of just looking at how much an individual is giving away, IP is using “relative generosity as our main criteria here, looking at what percentage of their wealth...
  • Bill Gates Is Half-Right about Tax Reform

    03/21/2014 11:30:11 AM PDT · by Kaslin · 12 replies
    Townhall.com ^ | March 21, 2014 | Daniel J. Mitchell
    I generally get very suspicious when rich people start pontificating on tax policy. People like Warren Buffett, for instance, sometimes advocate higher taxes because they’re trying to curry favor with the political elite. Or maybe they feel compelled to say silly things to demonstrate that they feel guilty about their wealth. Regardless, I don’t like their policy proposal (as you can see from TV debates here and here). That being said, I also realize that stereotypes can be very unfair, so it’s important to judge each argument on the merits and not to reject an idea simply because it comes...
  • WaPo suffers self-inflicted wound in the war on the Koch brothers

    03/21/2014 11:09:07 AM PDT · by Starman417 · 18 replies
    Flopping Aces ^ | 03-21-14 | DrJohn
    It's become very obvious that Saul Alinsky continues to live on in the democrat party and among the decerebrate left. Rule 13 says“Pick the target, freeze it, personalize it, and polarize it.”The 2014 Democrat Party target is the Koch Brothers. Private citizens, they are the 2014 left wing whipping boys and the left has donned its asshats in unison. An article in the Washington Post screams: The biggest lease holder in Canada’s oil sands isn’t Exxon Mobil or Chevron. It’s the Koch brothers. You might expect the biggest lease owner in Canada's oil sands, or tar sands, to be one...
  • In America, the 'wealthy poor' replace the middle class

    03/21/2014 1:21:34 PM PDT · by SeekAndFind · 26 replies
    Yahoo Finance ^ | 03/21/2014 | Rick Newman
    One phenomenon of the modern economy is affluence that doesn’t feel like it. You work, earn and spend quite a lot, yet it seems you’re getting nowhere. Some new economic analysis helps quantify just how many people might be characterized as the “wealthy poor”— and it’s a surprisingly large chunk of the overall population. A new paper by economists Greg Kaplan and Justin Weidner of Princeton University, and Giovanni Violante of New York University, finds that about 70 million Americans may live in families they describe as “wealthy hand-to-mouth” households. These are families that own assets such as homes, cars,...
  • RAISE THE MINIMUM WAGE TO $14 AN HOUR USING THIS ONE WEIRD TRICK!

    02/26/2014 7:21:36 PM PST · by 2ndDivisionVet · 25 replies
    Ann Coulter website ^ | February 26, 2014 | Ann Coulter
    Democrats believe they've hit on the perfect issue to distract from the horror of Obamacare in the 2014 elections: the minimum wage. Apparently, increasing the minimum wage was not important for American workers during the first five years of Obama's presidency -- least of all his first two years, when Democrats controlled Congress and could have passed anything. (And did!) No. The minimum wage did not become a pressing concern until an election year in which the public's hatred of Obamacare is expected to be the central issue. As The New York Times explained, Democrats see the minimum wage as...
  • 2011 Flashback - Community Reinvestment Act: Separating Fact From Fiction

    02/23/2014 4:39:41 PM PST · by Son House · 13 replies
    IBD Editorials ^ | 03/29/2011 | Staff
    FACT: The toothless 1977 regulations fully expired in July 1997, when President Clinton rewrote them to toughen CRA enforcement as part of a crusade to close the "mortgage gap" between blacks and whites. For the first time, banks were required to show results. One of the five performance criteria in the "lending test" — the most heavily weighted component of the CRA exam — was adopting "flexible lending practices" to address the credit needs of poor borrowers in "predominantly minority neighborhoods." Banks that didn't bend their underwriting rules risked flunking the exam. Ex-Federal Reserve Board Gov. Lawrence Lindsey, a staunch...
  • Detroit retiree on pension cuts: 'I can't live on what I get now'

    02/23/2014 8:23:59 AM PST · by Signalman · 93 replies
    cnnmoney ^ | 2/21/2014 | Melanie Hicken
    Thousands of retired and current Detroit workers face pension cuts as deep as 34%, and some say they aren't sure how they'll make ends meet if the plan announced Friday is approved. "They have worried me from the day they started this mess. You sit on pins and needles all the time," said 69-year-old Donald Smith, who retired in 2005 after decades of work as a civilian detention officer and other general city jobs. For Smith, the cuts could mean a loss of around $300 a month from his $889 in monthly pension benefits, even as he already struggles to...
  • Obama plan: Cut tax breaks for richest retirement savers (Camel's nose under the tent)

    02/22/2014 11:34:32 AM PST · by Red in Blue PA · 35 replies
    President Barack Obama plans to ask Congress in early March, as part of his fiscal 2015 budget, to reduce some of the tax advantages for employer-sponsored retirement plans for higher-income earners, according to published reports. Plus, the president wants to limit the value of all tax deductions, defined contribution exclusions and IRA deductions to 28% of income — and include an overall cap on all retirement accounts, including pensions, that could bring in $1 billion a year in new tax revenue, according to a Pensions & Investments report. Read Companies bracing for 1-2 retirement punch . According to the report,...
  • Obama's "End of Austerity" Budget Is Incoherent

    02/22/2014 4:25:42 AM PST · by Kaslin · 17 replies
    Townhall.com ^ | February 21, 2014 | Kevin Glass
    President Obama's legally-required but constantly-delayed official budget request to Congress will be on Capitol Hill soon. The Washington Post reports that "Obama will call for an end to the era of austerity that has dogged much of his presidency." There is much wrong with this worldview. The only coherent way in which "austerity" has defined much of President Obama's presidency is one in which America faced a once-in-a-generation economic crisis that President Obama himself responded to by massively ramping up federal spending over the course of his first few years in office. That increase in federal spending was combined with...
  • Congressional Budget Office: Wage hike would lift pay but cost jobs

    02/22/2014 3:48:22 AM PST · by Yosemitest · 22 replies
    www.FoxNews.com ^ | February 18, 2014
    A plan by President Obama and fellow Democrats to increase the minimum wage to $10.10 an hour would cost roughly 500,000 jobsbut increase wages for roughly 16.5 million Americans, the nonpartisan Congressional Budget Office said Tuesday. The report was immediately met with sharp Republican criticism for the wake hike plan. “While helping some, mandating higher wages has real costs, including fewer people working,” said a spokesman for House Speaker John Boehner, R-Ohio. “With unemployment Americans' top concern, our focus should be creating -- not destroying -- jobs for those who need them most.” ...Republicans argued the report puts authoritative weight...
  • American TV & Appliance closing all 11 stores; 989 will lose jobs

    02/17/2014 5:12:56 PM PST · by Graybeard58 · 27 replies
    TMC News ^ | February 17, 2014 | Not Attributed
    Doug Reuhl, president and CEO of American since 1988, blamed an unforgiving economy, especially over the past five years, for the closure and said the company would begin a going-out-of-business sale Thursday to liquidate its entire inventory of furniture, electronics and appliances. "While this is a sad moment, it is also a proud moment," Reuhl said in a news release. "It's a moment to be proud of our efforts and to be proud of what we have delivered to the community." A switchboard operator at American TV refused to answer additional questions Monday or transfer a reporter to anyone else,...
  • Why isn’t Obama Resigning in Disgrace? And Other Quick Takes on the Scene

    02/17/2014 1:50:55 PM PST · by Kaslin · 21 replies
    Townhall.com ^ | February 17, 2014 | Shawn Mitchell
    Please enjoy these Facebook musings. They have annoyed a lot of liberals. Part of the bitterness of our politics? Conservatives are sick of liberals and their media smugly asserting that liberals are better, kinder, more generous, and more caring than are conservatives. No. Check the numbers. Conservatives live it. Liberals lobby for government to mandate it. Did it cover more people than it booted from coverage? Did it lower Americans' health insurance costs? Did it protect our satisfied choices about plans and doctors? Did it make a dent in the number of uninsured? Did it keep its promises? Will its...
  • Fewer Jobs, Shrinking Workforce Expose a Disturbing Trend

    02/17/2014 2:07:31 PM PST · by Kaslin · 11 replies
    Townhall.com ^ | February 17, 2014 | Bob Beauprez
    Recent headlines about the condition of the Colorado economy sounded encouraging: Hiring up, Unemployment down in Colorado in December said the Denver Post. Colorado adds 2,200 jobs; unemployment drops to 6-year low according to the Denver Business Journal. A closer look at the numbers gives a more accurate picture of our state's economy. Scanning the Colorado Labor Department's data reveals a troubling trend; while population totals continue to steadily increase, the total labor force and the number of workers has been shrinking for many months. In other words, we have more mouths to feed, but fewer people working to feed...
  • Food stamp use among troops skyrockets during Obama admin

    02/17/2014 10:04:32 AM PST · by Nachum · 34 replies
    The Daily Caller ^ | 2/17/14 | Caroline May
    Food stamp redemption at military grocery stores, or commissaries, has nearly doubled since the beginning of the “Great Recession,” topping out at $103.6 million in FY 2013, from $31.1 million in FY 2008. While the amount of Supplemental Nutrition Assistance Program benefits, or food stamps, have soared over the past five years, the rate of increase has slowed, according to data from the Defense Commissary Agency and published by CNN Money Monday. From FY 2009 to FY 2010 the level of spending jumped from $52.9 million to $72.8 million; from FY 2010 to FY 2011 the amount of SNAP benefits...
  • Retail Apocalypse? Major Chains Closing Hundreds Of Stores

    02/11/2014 10:49:47 AM PST · by Para-Ord.45 · 101 replies
    http://newswatch.us ^ | February 11 2014 | D. Jennings
    Hundreds of stores across the nation are closing as some of America’s most famous retailers struggle to stay in business. The country is facing what CNBC has labeled a tsunami of store closings and blogger Michael Snyder has called a retail apocalypse. JC Penney, which lost $586 million in three months in 2013, is planning to close 33 stores in 19 states and lay off 2,000 people. JC Penney’s stock has lost 84 percent of its value since February 2012. Sears has decided to shut down its flagship store in Downtown Chicago, and it has closed 300 stores in the...
  • For some, income drops as wage rises [Commentary]

    02/11/2014 12:37:12 PM PST · by howardl · 10 replies
    Baltimore SUN ^ | Feb 5, 2014 | Howard Leathers
    As minimum wage goes up poor people lose government benefits. If the minimum wage goes from $7.25 to $11.50, the woman in the story gains $735 in wage income, but loses $827 in government benefits, so she's actually worse off. The obvious solution: work fewer hours at the higher wage, so that you don't lose your benefits.
  • Exclusive: Labor Secy Hilda Solis Failed to Report Trips on Union's Pvt Jet-'09 Confmtn Hrgs

    02/10/2014 9:30:09 PM PST · by joinedafterattack · 38 replies
    Hews Media via Los Cerritos News ^ | February 10, 2014 | By Randy Economy and Brian Hews
    <p>Hews Media Group-Community News has obtained a lawsuit filed in the California Central US District Court claiming that former US Labor Secretary Hilda Solis, a current candidate for the Los Angeles County Board of Supervisors, was provided thousands of dollars worth of free private jet travel without declaring the trips on the federal government required forms, paid for by the powerful International Union of Operating Engineers based in Pasadena during the same period she was undergoing confirmation hearings to become part of President Barack Obama’s Cabinet.....</p>
  • U.S. Adds 113,000 Jobs, in Latest Worrying Sign on Growth

    02/07/2014 5:41:02 AM PST · by John W · 143 replies
    The Wall Street Journal ^ | February 7, 2014 | Eric Morath And Josh Mitchell
    WASHINGTON—The labor market in January registered weak gains for the second straight month, a slowdown that could heighten fears about the economic recovery and may lead some to call on the Federal Reserve to reconsider its easy-money strategy. U.S. payrolls increased by a seasonally adjusted 113,000 in January, the Labor Department said Friday. Job growth improved compared with December's gain, which was revised up by just 1,000 to 75,000, but was well below last year's average pace. The November increase was recast up by 33,000 to 274,000. The unemployment rate, obtained through a separate survey, fell to 6.6% last month...
  • Flashback: Nancy Pelosi Says Obamacare Will Create 400,000 Jobs “Almost Immediately!”

    02/04/2014 6:01:45 PM PST · by Nachum · 27 replies
    The Gateway Pundit ^ | 2/4/14 | Jim Hoft
    At the Health Care Summit in February 2010, Speaker Nancy Pelosi claimed Obamacare would increase 400,000 jobs “almost immediately.” “It’s about jobs. In it’s life, it [the health bill] will create 4 million jobs — 400,000 jobs almost immediately.”
  • Obama: 'This Will Be a Year of Action' on Economy (An admission of five years of being a failure)

    01/13/2014 12:33:47 PM PST · by bestintxas · 30 replies
    breitbart ^ | 1/12/14 | w hall
    Echoing past economic promises of “green shoots,” “five million green collar jobs,” and “recovery summer,” President Barack Obama said during his Saturday weekly address that 2014 will be a “year of action” on the economy. “This will be a year of action. I’ll keep doing everything I can to create new jobs and new opportunities for American families – with Congress, on my own, and with everyone willing to play their part,” said Obama. Obama’s latest economic pivot comes on the heels of a dismal Friday jobs report that shows the U.S. labor force participation rate has contracted to its...
  • New report says millions of women at risk of falling into poverty, economic ruin

    01/12/2014 7:22:33 AM PST · by Libloather · 39 replies
    NBC News ^ | 1/12/14 | Daniel Arkin
    Although in recent decades women have made historic advances in nearly all areas of American public life, a staggering number of women across the country are still teetering on the verge of poverty and economic disaster, a new report released Sunday shows. The report, co-authored by NBC News special anchor Maria Shriver and the Center for American Progress, takes a wide-angle snapshot of a national economic crisis — seen through the eyes of women. The key findings paint a portrait of an estimated 42 million women — and 28 million dependent children — saddled with financial hardship. "These are not...
  • EPA Stealthily Propels Toward ‘Massive Power Grab of Private Property Across the U.S.’

    11/13/2013 12:02:00 PM PST · by rktman · 43 replies
    PJMedia ^ | 11/12/2013 | Bridget Johnson
    While the country is immersed in Obamacare headlines and a congressional tussle over delays and mandates, the Obama administration is stealthily moving toward unprecedented control over private property under a massive expansion of the Environmental Protection Agency’s Clean Water Act authority. The proposed rule, obtained by the House Science, Space, and Technology Committee in advance of EPA Administrator Gina McCarthy’s testimony at a Thursday oversight hearing, widely broadens the definition of waterways over which the federal government has jurisdiction to as little as a water ditch in a backyard. The Clean Water Act redefinition of “waters of the United States”...
  • Drilling Below the Surface of Obama's Dreadfully Weak Economic Numbers

    11/13/2013 9:05:23 AM PST · by Kaslin · 13 replies
    Townhall.com ^ | November 13, 2013 | Donald Lambro
    Barack Obama's presidency is falling apart, as a growing number of Americans now realize his promises of prosperity and jobs were bogus and his health care law a fabric of lies. A president who promised hope and change has given us despair and a failed,1930s agenda, as a once-mighty economy continues to limp toward the end of its fifth year in "recovery" -- yet with no full, lasting recovery in sight. Twelve months ago, a majority of voters handed him a second term. This week, the Gallup Poll reported that a 54 percent majority disapprove of the job he's doing...