The Other McCain

"One should either write ruthlessly what one believes to be the truth, or else shut up." — Arthur Koestler

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 [...]

Great: Voters Legalize Marijuana, Unions Put Munchies-Maker Out of Business

Some stoner in Colorado just put down the bong, looked at the TV and said, “Dude. No more Twinkies or Ho-Ho’s? Bummer.” Hostess, the makers of Twinkies, Ding Dongs and Wonder Bread, is going out of business after striking workers failed to heed a Thursday deadline to return to work, the company said. “We deeply [...]

BREAKING NEWS: The Economy Sucks

The Drudge Report featured this headline stack today: JOBLESS… INFLATION… POVERTY… RECESSION… None of this is exactly news to anyone who was really paying attention. Unfortunately, about 62.6 million Americans weren’t paying attention Nov. 6, so that the cause of this non-news – the disastrous failure of Obamanomics — will now be extended by four years. Danielle Saul [...]

California Official Who Misreported Unemployment Is Obama Donor

Bias? What bias? Marty Morgenstern, the secretary of the California agency that substantially under-reported unemployment claims last week, contributed to President Barack Obama’s 2008 presidential election campaign, The Daily Caller has learned. On Oct. 11, the federal government reported that weekly jobless claims were down significantly, suggesting a dramatic national increase in economic growth and [...]

America, Don’t Be Distracted!

The next vice president of the United States wants Americans to keep focused on the important economic issues confronting our nation. So I felt kinda guilty when I was distracted by the smiling redhead standing behind Paul Ryan during his speech in Ohio: “And look at where we are right now: 23 million Americans struggling to [...]

Mini-Jobs Blow

by Smitty Bluegrass Pundit links the WaPo discussing the unintended consequences of ObamaCare: Darden Restaurants Inc. declined to give details but said the test is only in four markets across the country. The move entails boosting the number of workers on part-time status, meaning they work less than 30 hours a week. Under the new [...]

23 Million Reasons to Ignore Big Bird

With the polls beginning to indicate a sudden meltdown in the president’s support, the Obama campaign has nothing to offer now except ridiculous distractions about Muppets. Meanwhile, Mitt Romney keeps focused on the important issues of this election: “About 23 million Americans, still looking for a good job. You’ve got college graduates this year, came out last [...]

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