Financial crisis
Talk Host Accuses Obama White House of Allowing Chinese Spying
During a segment of Glenn Beck’s Fox News Channel show, the controversial host declared that while the Chinese government and businesses pose a threat to U.S. economic stability, the Obama White House and government agencies are powerless to stop the enormous amount of espionage perpetrated by Chinese spies. Beck claimed that his government sources revealed to him that the... »
The New York Times Fights Back Against the Climate-gate Scandal
The New York Times published a doozy of a front-page story by John M. Broder on Wednesday on the Climate-gate scientific fraud scandal. Those who have been lambasting our national “paper of record” for months for largely ignoring the scandal, while every London paper has run multiple big stories full of juicy new revelations,... »
In Denial, The meltdown of the climate campaign.
It is increasingly clear that the leak of the internal emails and documents of the Climate Research Unit at the University of East Anglia in November has done for the climate change debate what the Pentagon Papers did for the Vietnam war debate 40 years ago—changed the narrative decisively. Additional revelations of unethical behavior,... »
OBAMA Oil sets $7 a gallon gas price target
To meet the Obama administration’s targets for increasing fuel taxes, researchers say that Americans will have to pay $7 for a gallon of gasoline; about 17 percent more than drivers in green-conscious and generally highly taxed Sweden. In their study, researchers at Harvard’s Belfer Center for Science and International Affairs devised several combinations of tax... »
Senator Inhofe Gores Gore
SEN. JIM INHOFE: In a way, it’s kind of humorous. And yet, you have to feel a little bit sorry for Al Gore. He’s not been available ever since the first Climategate took place. And that was before Copenhagen. And he’s still in denial. … He has played it down. It’s... »
Health Care, Politics and Corruption: A Prescription for Disaster
While the heated debate continues regarding health care, few if any opponents and pundits are discussing the notion of having Americans depend on political leaders to provide the means to gain access to medical treatment. Some observers put it evenly more bluntly: Do we really want to turn over the health care industry – all at once or incrementally... »
Cheap Gas from Coal
People have been turning coal into oil for 100 years or more, but researchers at University of Texas at Arlington say they’ve invented a better way to do it. They say they’ve found a practical way to make synthetic crude from inexpensive coal that’s common in Texas. They expect to sign a deal with... »
Al Gore Has Been Found!
“Al Gore has been found,” reports FoxNews. “The former vice president and green guru has been MIA since the end of December, but he cropped up to be abused at the Apple stockholders meeting in Cupertino, Calif. Gore has been missing conveniently during the same period where climate scientists have come under increased scrutiny for... »
Shocker: Thousands of Patients Die and Suffer Under British Health Care
“If you think health care is expensive now, just wait until it’s free.” – P.J. O’Rourke While many Americans complain about the cost of health care in the United States – and lawmakers in Washington, DC are seeking control of the medical industry – perhaps all concerned should first learn about the horrors of having access free or inexpensive health care... »
Climate Fraud May Lead to Criminal Charges
Senator Inhofe wants an investigation of the false climate testimony before Congress and wants Al Gore to reappear. The illegalities may involve more than just lying to Congress. He has released a new report that includes comments from 700 scientists who have been characterized as “skeptics.” Given the fact that, with support from other... »
Senator Asks for Investigation of Al Gore, et al.
Inhofe intends to ask for a probe of the embattled climate scientists for possible criminal acts. And he thinks Gore should be recalled to explain his prior congressional testimony. (Click here for the just-released Senate Environment and Public Works report behind Inhofe’s announcement.) BREAKING: See Charlie Martin’s “Senator Barbara Boxer and EPA Administrator Lisa Jackson... »
New Senate Report Blasting IPCC on Climategate
Ed Morrissey from Hot Air scored an exclusive interview with Senator James Inhofe in his Senate office o discuss a new report his office will release today, ahead of an appearance by EPA Administrator Lisa Jackson at an Energy and Public Works Committee hearing. Jackson once dismissed the Climategate scandal of the East Anglia... »
Arctic Water Too Hot for Seals
From the “What if the trend continues?” department, this tid-bit comes from whatsupwiththat. The Arctic ocean is warming up, icebergs are growing scarcer and in some places the seals are finding the water too hot, according to a report to the Commerce Department yesterday from Consul Ifft, at Bergen, Norway. Reports from fishermen, seal hunters and... »
Climate : Call for Investigation into half million dollar Hockey-Stick grant
Remember Al Gore’s hockey-stick graph that he claimed represented established science? In the late 20th and early 21st centuries, temperatures would soar out of control unless taxes are increased and the cap-n-trade scheme is fully implemented and we begin a new era of global governance, according to Gore and other Democrats. Even if you... »
The crackup of the climate ‘consensus’
“The whole climate campaign now resembles a Broadway musical that has run too long, with sagging box office and declining enthusiasm from a dwindling audience,” writes Steven F. Hayward of the American Enterprise Institute. “Someone needs to break the bad news to the players that it’s closing time for the climate horror show.” ‘The climate-change... »
Massive Corruption at Federal Reserve Bank Goes Unnoticed
America’s banking industry is aiding and abetting lawbreakers and there appears to be no one in Washington, D.C. interested in conducting an investigation into this corruption. While the mainstream news media are hard at work covering the Democrats striving to achieve their dream of taking control of Americans’ health care, the Federal Reserve Bank continues working with... »
Card game mocks Obama administration spending
Kerry Picket reports: A fresh new card game called Obama Nation from the seller Twisted Entertainment has hit the online marketplace. Obama Nation, described as a cross between Go Fish and Old Maid, calls itself the “trillion dollar bailout” game. The object of the game is to spend the U.S. government into bankruptcy. Players try to spend as much U.S. taxpayer... »
59% Favor Opting Out of Federal Programs
While 66% of Mainstream voters believe states should have the right to pass on federal programs they don’t like, 78% of the Political Class disagree. Voters strongly believe that a state should have the right to avoid federal programs it doesn’t like, but they draw the line at states seceding from the union. A new... »
The Current Global Warming Propaganda Cycle
Scientists involved in the global warming scandal have been changing their stories. Suddenly, the debate is not over. There is room for doubt. Maybe it’s not that hot after all. Maybe there is no imminent threat. The work of the UN’s political panel on climate (the IPCC) has not been up to scientific standards... »
Phil Jones Confesses to Climate Fraud
By now, Phil Jones of the University of East Anglia’s Climatic Research Unit (CRU) should require no introduction, so let’s get right to it. In a BBC Q&A and corresponding interview released Friday, the discredited Climategate conspirator revealed a number of surprising insights into his true climate beliefs, the most shocking of which... »
Sweden beats U.S. to top tech usage ranking
Reuters (via Yahoo News): Sweden took the number one spot from the United States to top the annual rankings on the usage of telecommunications technologies such as networks, cellphones and computers, a report released on Thursday shows. The Connectivity Scorecard, created by London Business School professor Leonard Waverman in 2008, measured 50 countries on dozens... »
Feminism and the Prison Industrial Complex
“I was recently looking over US prison statistics,” writes a blogger at The Spearhead. The author shows convincingly that the United States imprisons more people by far in terms of both percent of population and overall number than any other country in the world. In fact, the United States may have the highest peacetime... »
US No Longer Freest Nation
For over a decade, The Wall Street Journal and The Heritage Foundation have tracked the march of economic freedom around the world with the influential Index of Economic Freedom. Since 1995, the Index has brought Adam Smith’s theories about liberty, prosperity and economic freedom to life by creating 10 benchmarks that gauge the economic... »
Glenn Beck Accuses Obama White House of Allowing Chinese Spying
During a segment of Glenn Beck’s Fox News Channel show, the controversial host declared that while the Chinese government and businesses pose a threat to U.S. economic stability, the Obama White House and government agencies are powerless to stop the enormous amount of espionage perpetrated by Chinese spies. Beck claimed that his government sources revealed to him that the... »
The Financial Side of Global Warming Fraud
“In the climate-change debate, the companies on the ‘environmental’ side have the most to gain,” writes Lawrence Solomon. Lawrence Solomon is executive director of Energy Probe and Urban Renaissance Institute and author of The Deniers: The world-renowned scientists who stood up against global warming hysteria, political persecution, and fraud. He presented a series of articles... »
Ron Paul: Be prepared for the worst
Be Prepared for the Worst by Ron Paul Any number of pundits claim that we have now passed the worst of the recession. Green shoots of recovery are supposedly popping up all around the country, and the economy is expected to resume growing soon at an annual rate of 3% to 4%. Many of these are... »
The Coming Financial Time Bomb
From 2000 until its collapse, former Lehman Brothers CEO Richard Fuld received approximately $350 million in total compensation. In part, he was rewarded for growing the company’s earnings at an annual rate of 18% over that time frame … except that those returns were produced using 30-to-1 leverage on top of a shoddy asset... »
Is Social Security a Giant Ponzi Scheme?
Jim Cramer has called Social Security the largest Ponzi scheme in history. To an extent, he’s making a valid comparison. Like a Ponzi scheme, Social Security pays its benefits out of new contributions, rather than out of investment returns. read the full article at fool.com »
Dollar Falls Against Other Currencies
More than simply losing its cumulative value, the dollar has reached its lowest level of volatility since September 2008. Low interest rates have turned the dollar into a “funding currency,” whereby investors borrow dollars and buy a foreign currency like the euro, and use that currency to purchase to buy that foreign currency’s bond,... »
GM raises production as “clunker” sales rise
DETROIT (Reuters) – General Motors Co said on Tuesday it is increasing production for the second half of 2009 after a surge in sales ignited by the U.S. government’s “Cash for Clunkers” incentives program. GM is increasing overtime and has ordered an additional 60,000 more cars for the 3rd and 4th quarters of this year. It’s... »
Saying no to CIT a big gamble for Team Obama
In leaving CIT Group Inc to sink or swim on its own, U.S. officials are gambling that financial markets and the economy are now strong enough to withstand the possibility a big lender collapses BACKGROUNDER: CIT GROUP CIT Group, Inc. (NYSE: CIT) is a large commercial and consumer finance company, founded in 1908. The company is... »
Foreclosures at record high in first half 2009 despite aid
U.S. home foreclosure activity galloped to a record in the first half of the year, overwhelming broad efforts to remedy failing loans while job losses escalated. CLOSEUP: WHAT IS FORECLOSURE? Foreclosure is the legal and professional proceeding in which a mortgagee, or other lien holder, usually a lender, obtains a court ordered termination of a mortgagor’s... »
Graphing the Mancession
Eighty percent of job losses in the last two years were among men, said AEI scholar Christina Hoff Summers, and it could get worse. »
Obama: My Plan Makes Electricity Rates Skyrocket
Obama admits planning to create hardship. Wants forced submission. »
House Democrats Pass Bill to Damage American Economy
Bill based on global warming hoax has passed in the House. Rep. Chet Edwards, D-Waco, Texas, said his office received “several thousand calls” from constituents who were “overwhelmingly, 8 or 9 to 1,” against the bill. Rep. Joe Barton, R-Arlington, Texas, said the bill would “make us a second-rate economic power”. »
Out-of-work bachelors struggle in dating game
“To speak plainly, chicks don’t dig a broke guy,” said the Dallas resident, now a part-time consultant. So he came up with a strategy: “I don’t bring it up.” Men have been hit much harder than women by this recession. Close to 80 percent of the job losses since December 2007 were jobs held by... »
Sirius XM Prepares for Possible Bankruptcy
A bankruptcy would make Sirius XM one of the largest casualties of the credit squeeze. With over $5 billion in assets, it would be the second-largest Chapter 11 filing so far this year, according to Capital IQ. The filing by Smurfit-Stone, with assets of $7 billion, has been the year’s biggest to date. »
Animation: The Credit Crisis Made Easy
The Crisis of Credit Visualized from Jonathan Jarvis on Vimeo. »
Fed sees economy sliding further
Federal Reserve policy-makers, faced with bleaker forecasts for a rapidly worsening recession, decided to buy a “substantial” amount of U.S. Treasury and mortgage debt to halt the slide, minutes of their most recent meeting showed on Wednesday. »
IC: April 15th Tea Party Protests Must Demand Geithner Resignation
The April 15th Tea Party protests are ramping up to send a powerful message to Congress and President Obama about the government’s runaway spending and bailouts. »
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