New Ad Sure to Make Obama Quake

Chris Wallace Takes Tim Geithner to Task Over Obama’s Spending

Tim Geithner was on ‘Fox News Sunday’ today and it seemed a rattled Treasury Secretary was unable to give a straight answer to Chris Wallace. Failing to explain any contingency plans that President Obama said he was investigating, an elusive Geithner only said that his plan was for Congress to raise the debt ceiling. Asked repeatedly what would happen if the debt limit was not raised by the August 2nd deadline, Geithner would not give a definite plan of action.

Mentioning the “80 million” checks written each month by the U.S. Government, Geithner would not say if any program or agency would receive priority from the payouts. Saying, “we will do everything we can to mitigate the damage” Geithner reiterated the fact that “we do not have the ability, Chris, to protect the American people from the consequences of Congress not” raising the debt ceiling.

Bachmann: Washington Would Be a lot Better off if the People in the President's Cabinet Had at Least Run a Lemonade Stand

If President Obama were given 1000 lemons, 10 cases of bottled water and a $100.00 head start at nine o'clock in the morning, his lemonade stand would be bankrupt by six o'clock in the evening.

Stop voting democrat (Progressive Marxist), and the economy improves. It's a fact...not an opinion.

Home Depot Co-Founder Blasts Obama: Even ‘Brain-Dead Economists’ Get It

First it was Steve Wynn, head of the famed Wynn resort empire, speaking out against Obama. Now its Bernie Marcus, co-founder of The Home Depot.

In an interview with Investor’s Business Daily (IBD), Marcus blasted Obama and his policies, saying “even brain-dead economists understand that when you raise taxes, you cost jobs.”

That’s some tough talk. But really, it’s only the beginning:

JOBLESS JUMPS AGAIN, RISES TO 418,000...15TH STRAIGHT WEEK ABOVE 400K...OBAMA LEGACY MAY BE WITHERING AMERICAN DREAM...

Green Hell. Green Scam....

A rise in the number of Americans filing new claims for unemployment benefits suggested the reacceleration in output would not be as strong as had previously anticipated.

The Philadelphia Federal Reserve Bank said its business activity index rose to 3.2 from minus 7.7 in June, which was the lowest since July 2009. The rise beat economists' expectations for a reading of 2.0.

A reading above zero indicates expansion in the region's manufacturing. READ MORE...

OH CU*TESSA: MSNBC Anchor Mockingly Asks GOP Congressman If He Has ‘Degree In Economics’… Turns Out He Does!

Another gaffe by MSNBC's house 'bimbo' Contessa Brewer.

Rep. Brooks official bio says that the Congressman graduated from Duke University in three years with a double major in political science and economics, with highest honors in economics. After Duke, Rep. Brooks graduated from the University of Alabama Law School in 1978.

Brewer’s question seems especially interesting considering that economics is a Top 10 major for undergrads.

Do you really need a degree in economics to understand that spending money you don't have isn't a bright idea? Liberals....

Resort Mogul Steve Wynn Slams Obama’s Anti-Business Fear Mongering

Publicly-traded companies hold quarterly conference calls where investors are given updates on the state of the company and often hear about positive plans for the future.

Just yesterday, Wynn Resorts (WYNN) CEO Steve Wynn was speaking on a company conference call when he unleashed on President Obama, ranting about what Wynn sees as anti-business, socialist policies that are frightening companies as well as customers.

This not the first time that Mr. Wynn has spoken so bluntly about the administration and his feelings about policies that are holding back the recovery. In April, Wynn was on Fox News with Neil Cavuto and talked about “the gross irresponsibility of the government”:

IDIOTS: Gov't-Funded Electric Car Company Folds...Owner sends email to alert officials that $540,000 in tax money gone...

Click the video below to watch Ryan being interviewed last year.

A Salinas car manufacturing company that was expected to build environmentally friendly electric cars and create new jobs folded before almost any cars could run off the assembly line. READ MORE...

Op-Ed: President Obama Doesn’t Know the First Thing About Economics

By Iain Murray

As the Oscar buzz surrounding actress Meryl Streep keeps growing -- thanks to her portrayal of Margaret Thatcher, it’s worth remembering one of the real Iron Lady’s most famous observations: that any housewife could manage the British economy.

President Obama should heed that advice, and realize that economy begins at home. Unfortunately, his recent statements on the economy give little reason for hope on that front.

The president’s press conference on Monday epitomized the “do something” nature of his administration. He wants to do something about … well, everything—from getting more kids into college to fighting global warming (although the latter is less evident these days, at least in public). The trouble is that he thinks he needs more and more of our money to do it, so he wants any budget deal to include tax rises. READ MORE...

Congressman Takes It to Obama: 'Quit Lying!'

Well it's about time that someone in congress told the full truth about Obama! Good job Rep. Walsh!

Illinois Congressman Joe Walsh accused President Barack Obama in a video released Wednesday of "lying" about the impact of not raising the national debt ceiling in the next three weeks and went on to ask, "Have you no shame, sir?"

Republican Rep. Joe Walsh says "President Obama, quit lying," in the video posted online. He says there is "plenty of money" to pay debt and cover Social Security even if the limit isn't raised.

Walsh claims Obama will not get congressional approval to increase the $14.3 trillion debt limit unless the Democratic president backs a balanced budget amendment to the Constitution, which Obama opposes. Obama says the country will default if Congress doesn't raise the ceiling by Aug. 2. READ MORE...

HOT VIDEO: THE OBAMA LEGACY

WRONG...AGAIN: Obama Claims Raising Taxes Creates Jobs… 'You’re Entitled to Your Own Opinions but Not Your Own Facts'

IDIOTS: Obama’s Economists: ‘Stimulus’ Has Cost $278,000 per Job. The stimulus is now causing the economy to shed jobs...

When the Obama administration releases a report on the Friday before a long weekend, it’s clearly not trying to draw attention to the report’s contents. Sure enough, the “Seventh Quarterly Report” on the economic impact of the “stimulus,” released on Friday, July 1, provides further evidence that President Obama’s economic “stimulus” did very little, if anything, to stimulate the economy, and a whole lot to stimulate the debt. READ MORE...

OBAMANOMICS: Jobless Claims- 428,000... 12 Straight Weeks Over 400K... Jobs Picture Remains Ugly as Weekly Claims Still High

IDIOTS- "But Obama went to Harvard! He's so smart!" LOL

The number of Americans filing claims for unemployment benefits barely fell last week, a government report showed on Thursday, suggesting the labor market was struggling to regain momentum.

Initial claims for state unemployment benefits slipped just 1,000 to a seasonally adjusted 428,000, the Labor Department said. Economists polled by Reuters had forecast claims dropping to 420,000. The prior week's figure was unrevised at 429,000 READ MORE...

NOTE- Where's the media on this?

Maybe......just MAYBE if Obama, the academic president who has never managed as much as a Burger King in his entire life was more concerned with creating jobs (by surrounding himself with people who have actually had experience creating them before) instead of giving amnesty to illegals, playing class warfare, bombing Libya, playing golf, "gaying" America and attending fundraisers for campaign cash, maybe, just MAYBE, he could lower the unemployment number. But maybe this is intentional...

Cloward and Piven? Just saying...

WARNING: The Professor Who Helped Google's Rise Says Obama is Leading the United States on a "Crash Course" Towards Economic Disaster...

The professor who helped Google's founders get the company off the ground has warned that President Obama is leading the United States on a "crash course" towards economic disaster.

CLICK HERE FOR THE VIDEO

David Cheriton, who taught Sergey Brin and Larry Page at Stanford University in California and became a billionaire as Google grew, said that America's innovators and investors were being driven overseas in search of opportunity.

The BBC's Matt Frei spoke with Prof Cheriton on the Stanford campus. Click here...


More than nine per cent of the United States workforce have no jobs, and a sixth of the country lives on food stamps. But is the US on a crash course towards economic disaster?

The Heartland’s Financial Distress Dictatorship: Decaying Michigan Town on Verge of Democratic Collapse

Benton Harbor is one of approximately 100 towns in Michigan on the verge of fiscal collapse. Now economic desperation is bringing with it a sort of financial martial law. In light of Benton Harbor’s predicament Michigan lawmakers have opted for an extreme measure which gives unilateral authority to “emergency financial managers”. EMFs have complete authority to fire elected officials, close schools, void union contracts and even sell public property. READ MORE...

Obama Attacks Job-Killing ATM Machines, MRC TV Responds With Hilarious Spoof Video

A few days ago, President Obama claimed that ATM machines are part of the problem when it comes to America’s ongoing unemployment conundrum. Today, MRC TV released an entertaining rebuttal.

On Wednesday, the president said:

“There are some structural issues with our economy where a lot of businesses have learned to become much more efficient with a lot fewer workers. You see it when you go to a bank and you use an ATM. You don’t go to a bank teller. Or you go to the airport and you’re using a kiosk instead of checking at the gate. So all these things have created changes in the economy.” READ MORE...

Thanks Barack… American Electric Cuts 600 Jobs, Closes Several Plants to Comply With Oppressive EPA Regulations

Let’s face it.

Obama doesn’t give a damn about creating jobs. He only cares about fundamentally changing America and destroying its wealth.

New Obama EPA regulations will cost one energy company at least 600 jobs and over $6 billion which will be pushed on consumers.
Times News reported, via Free Republic: READ MORE...

Bob Schieffer Unleashed! Scolds a Delusional Nancy Pelosi

House Democratic Minority Leader Nancy Pelosi sat down with Bob Schieffer this morning and her non-answers on Congressional action to tackle the problems with the nation's economy left Schieffer in a sour mood. As Pelosi suggested President Obama has done everything to save this economy and now the focus is on jobs, Schieffer wondered "the President has been there two and a half years, I mean, why hasn't he done that yet, what's happened?"

CBO: True Cost of Fannie, Freddie Bailouts $317 Billion, Not $130 Billion Obama Claims...

The Congressional Budget Office (CBO) says the real cost of the federal government guaranteeing the business of failed mortgage giants Fannie Mae and Freddie Mac is $317 billion -- not the $130 billion normally claimed by the Obama administration. READ MORE...