Michael Moore’s Politics of Prejudice
Tonight, surfing around the channels, I happened onto Current TV — the progressive network that environmentally concerned Al Gore just sold to the oil-rich sheikhs of Qatar — and the network was showing Michael Moore’s 2009 documentary, Capitalism: A Love Story. Watching it, I noticed that Michael Moore wasn’t really trying to explain what caused the mortgage […]
They Told Me If I Voted for Romney …
. . . low-income minorities would have a harder time getting approved for mortgages — and they were right! The Consumer Financial Protection Bureau on Thursday will roll out the first of several far-reaching changes to the nation’s mortgage market, limiting upfront fees and curtailing practices such as interest-only payments that can leave homeowners stuck […]
Elizabeth Warren’s ‘Middle Class’ Looks an Awful Lot Like Occupy’s ’99 Percent’
Guest Post by Badger Pundit Writing at National Review’s The Corner (h/t Instapundit) Patrick Brennan chides Senator Elizabeth Warren (D – Mass.) for declining, in a recent televised interview, to explain her definition of “middle class.” Even when asked specifically, “what numbers are we talking about, in terms of income level,” Warren declined to get […]
Obama Scrooges Christmas
Re-elect Obama, the tax-hiking enemy of a free-market economy — hey, that’s got to be great for the holiday retail season, right? Confidence among U.S. consumers dipped to its lowest point in December since July amid rising economic worries, according to a monthly index released Friday. Marshal Cohen, chief research analyst at NPD Inc., a market research […]
VIDEO: ‘Miracle on Wall Street’
Yes, Corporate America, there is a Santa Claus! His name is Barack Obama and, as CronyChronicles.org explains, he’s stuffing the stockings of his fat-cat friends with your tax dollars: Nothing says “Christmas” quite like government bailouts: In 2012, the U.S. federal government gave $300 billion in benefits to businesses and special interest groups. . . […]
Good News! Work Force Still Shrinking
Ed Morrissey at Hot Air describes the November jobs report: The economy added 146,000 jobs, better than expected if still a status quo result, and the jobless rate declined to 7.7%. . . . However, the seasonally-adjusted labor force dropped by 350,000, and the civilian labor force participation rate also dropped two-tenths of a point […]
Unexpectedly: Unemployment Increases!
Can we endure four more years of this? U.S. unemployment, as measured by Gallup without seasonal adjustment, was 7.8% for the month of November, up significantly from 7.0% for October. Gallup’s seasonally adjusted unemployment rate is 8.3%, nearly a one-point increase over October’s rate. Ed Morrissey comments: The economy is shedding jobs at roughly the […]
Panic in the Hamptons: Tax-Hike Talk Inspires ‘Fire Sale’ on Mansions
Static calculation meets dynamic reaction: Hamptons homeowners have launched a selling spree, offering fire sale prices to get rid of their properties before higher capital gains tax rates are expected to kick in Jan. 1. Top brokers expect more than 30 closings on big-ticket properties priced from $1 million to $25 million. “There is a […]
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