BY FRANK HILL
Reprinted from TelemachusLeaps.com
Ever wanted to go backwards in time and embellish your record at any level of life?
Well, the Obama Administration is about to do the same thing with their economic record so go ahead, do it. No one will mind or even know the difference, right?
Here’s just one sample of what they are proposing to do: ‘Based on preliminary estimates for 2007, this change will boost the level of GDP by about 2 percent, Continue reading
BY FRANK HILL
Reprinted from TelemachusLeaps.com
Well, if Barack Obama says it is ‘true’, that must mean it is true!
Even his own Budget Commission, Co-Chairs Erskine Bowles and Alan Simpson, strongly disagree with him. Apparently they don’t know what the heck they are talking about in President Obama’s distinguished economic opinion.
If we don’t have a ‘debt crisis’ today since we have added $7 trillion in national debt in 4 years under President Obama, after adding $6 trillion in 8 years under President Bush 43, when will we have a debt crisis then, Mr. President? Continue reading
BY RICH GALEN
Reprinted from Mullings.com
In 1939 Prime Minister Neville Chamberlain announced the creation of his War Cabinet which was made up of five Conservative members and four Liberals. When Winston Churchill became Prime Minister he narrowed his War Cabinet to five members – three Conservatives and two Liberals.
War Cabinets, over the past 100-or-so years, have been formed in Great Britain when it was determined that the very survival of the Kingdom is at risk and it is necessary to bring the best minds in Parliament to bear on the threat, notwithstanding party affiliation.
As I am writing this, at about 9 PM Sunday, I am looking at the Asian markets. They are all down. If you watch CNBC on weekday mornings, as I do, you want to pull the covers up over your head, curl up in the fetal position, and hope that your 401(k) doesn’t go to zero-oh-one(k). Continue reading