After waiting more than two days to respond to Standard & Poor’s downgrade of US credit to AA+ President Obama showed that he really is a one-trick pony by blaming everything but his own incompetent administration. He called attention to the earthquake that damaged Japan and the Arab Spring (which he supports) then sniped at …
Category Archive: Economics
Aug
09
Permanent link to this article: http://everydayannoyances.org/politics/demagogueing-gridlock/
Aug
04
Capitalism’s Bum Rap
cap·i·tal·ism [kap-i-tl-iz-uhm] –noun an economic system in which investment in and ownership of the means of production, distribution, and exchange of wealth is made and maintained chiefly by private individuals or corporations, especially as contrasted to cooperatively or state-owned means of wealth. Link cap·i·tal·ist [kap-i-tl-ist] noun 1. a person who has capital, especially extensive capital, …
Permanent link to this article: http://everydayannoyances.org/economics/capitalisms-bum-rap/
Jul
26
Obama’s Arrogance on the Debt Ceiling
Obama tried invoking Ronald Reagan yet again in his speech on the debt limit but I still haven’t heard any commentators mention one thing that I see as standing out in his speech. Leave out the usual class warfare talking points and the poll tested “balanced" approach” and you will see how he wants to …
Permanent link to this article: http://everydayannoyances.org/politics/obama-politics/obamas-arrogance-on-the-debt-ceiling/
Jul
18
Balanced Budget Amendment
Sen. Dick Durbin, D-Ill., likewise bashed a GOP plan to push for a balanced-budget amendment in exchange for raising the $14.3 trillion debt ceiling. "The bottom line is those who want to push a balanced-budget amendment are saying ‘I can’t promise you that I won’t steal again, but I will vote for the Ten Commandments,’" …
Permanent link to this article: http://everydayannoyances.org/economics/balanced-budget-amendment/
Jul
12
Presidential Prevarication
In an press conference about the ongoing debt limit discussions Obama stated that professional politicians who do not want to raise the debt limit are being irresponsible as opposed to his stance in 2006 as a senator. The fact that we are here today to debate raising America’s debt limit is a sign of leadership …
Permanent link to this article: http://everydayannoyances.org/politics/obama-politics/presidential-prevarication/
