EconWatch.com > Power Line - Obama's War on the Economy
[Power Line] Obama's War on the Economy. Share Post Print. March 3, 2009 Posted by John at 7:32 PM. That's way too big a topic for one post, obviously. So let's just focus on one front in Obama's war: the carbon cap and trade plan that will penalize ...
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[The Hill's Blog Briefing Room] The Hills Blog Briefing Room » Obama coattails: Equal numbers ...: The Quinnipiac University Poll, released Wednesday, found that nearly six in ten of 2,573 voters approve of Obama's job performance while a quarter disapprove. The poll also found that nearly two thirds think Obama is performing about as well as they expected him to while nearly two in ten say he is doing better than expected and nearly one in ten say he is doing worse.
[The Swamp] Obama: Stock 'gyrations' wrong indicator: The Swamp: Don't believe for ONE second that the same thing can't happen here if enough of the people, in their ABSOLUTE ignorance and reliance on government, decide that they are living too high off the government created hog to let go of any of their "entitlements." This is the beginning of the end unless the people actually stand up and DO something to stop all of this government interference. The story of this country is becoming the stuff of a really bad and really scary science fiction novel.
[Beacon Street Journal] Beacon Street Journal » Blog Archive » Dow drops another 300 ...: Obama’s tax and spend program penalizes those who are responsible for job and wealth creation. The entrepreneurial and risk-taking spirit that made this nation the economic envy of the world will be snuffed out and slowly eradicated, all in the name of “fairness.”
[The Next Right] Comparing Obama's energy plan | The Next Right: Interesting analysis, but being a Canadian having lived in the United States for the last 10 years, I was under the impression that the Liberal party in Canada failed because Dion's english was not good, and was successfully ridiculed for it, tarring all ideas (whether they were good or bad is not my call) in the process. That and 15 years of Liberal party rule resulted in incredible corruption, resulting in very real anger from Canadian voters now, and into the future.
[Environmental Economics] Environmental Economics: The secret is out ...: However, the proposal that Duke Energy supports would provide the allocation to the local distribution companies which are fully regulated by State public utility commissions -- true in both regulated cost of service and liberalized electricity markets. In this way, the value of the allocation would flow directly to consumers and shareholders would receive no windfall.
[Anderson Cooper 360] Anderson Cooper 360: Blog Archive - How the “Making Home ...: How Judicial Modification Works: Appropriately tailored bankruptcy legislation provides a mechanism for homeowners who are out of other options to file for bankruptcy and implement a responsible plan to pay the debts that they are able to pay. After borrowers have tried unsuccessfully to obtain affordable loan modifications from their lenders or servicers, in the appropriate circumstances, a bankruptcy judge should be able to reduce the outstanding principal balance of a primary residence home mortgage loan to current fair market value”just as is done with vacation homes or investment properties–when a person has no other options.
[GOP Leader Blog] Republican Leader John Boehner | The Era of Big Government is Back ...: Obama’s ambitious 10-year plan”¦depends on some ambitious assumptions. It anticipates the U.S. economy will grow by 3.2 percent next year and more than 4 percent each of the following three years. Obama also builds this budget around his ability to enact a controversial carbon cap and trade plan and allocate revenues from that to middle-class tax cuts. His $634 billion down payment to fund universal health care over the next decade depends on raising taxes on the wealthy. He would raise taxes on income and reduce tax deductions for such items as charitable giving. Remember what that would do”it would create a disincentive for the wealthy to give to charity.
[Hot Air TV] Hot Air » Blog Archive » The coming cap-and-trade tax: Loss of GDP means a retracting economy, less opportunity, fewer jobs, and a decline in living standards. The Marshall Institute offers the question of whether the US wants that as a tradeoff for the questionable effects of limiting carbon-dioxide emissions into the atmosphere. Unfortunately, the present administration and its backers won’t acknowledge that as the choice before us, preferring to paint rosy pictures of increased living standards and prosperity while the government chokes off energy production, a contradiction they claim to solve with an explosion of “green energy” from sources that don’t exist at the moment.
[Paul Krugman] A quick response to Scott Sumner - Paul Krugman Blog - NYTimes.com: You are now VERY careful about making any new loan, or even an extension on an existing loan to a long-time customer, because you’re afraid, that should this loan go bad, your name might float to the top of the layoff list. All the monetary easing, government insistance, pleading of your borrowers and so on, are not as important to you as keeping your job and paycheck.
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