Obama Flip Flops on Auto Bailouts for GM and Chrysler

President Barack Obama refused further long-term federal bailouts for General Motors and Chrysler, saying more concessions were needed from unions, creditors and others before they could be approved. Today, he raised the possibility bankruptcy for one or both of the auto giants.
Just a few months ago, he was saying that the auto industry is the [...]

Lower Your Monthly Electric Bill and Save Energy

Lower Your Monthly Electric Bill and Save Energy

In hard pressed economic times, here is a simple device that can save you hundreds of dollars each year.  This device is called the Kill A Watt.
Now with Kill A Watt you can reduce your energy costs by identifying the real energy abusers. Simply plug your appliance into Kill A Watt and assess how efficient [...]

Obama Lies About Earmarks

Think that it was just Congress that have earmarks in the spending bill, THINK AGAIN! That’s right, the almighty Obama, who claims he is opposed to earmarks, actually has an earmark in the spending bill. He committed one lie after another in order to get elected (if you can assume there was no [...]

Taxing the Wealthiest 2% Will Not Cut It

Obama wants to tax the wealthiest 2% of Americans to pay for his TRILLIONS of dollars of new spending, even to reduce the deficit by 50%. Not only I have previously shown that Obama has failed Economics, has failed U.S. History, but he has also failed MATH! (Kind of makes you wonder what these [...]

History of Housing Prices

Athough, I had previously posted information concerning this 5 months ago, Median Home Prices Adjusted for Inflation, here is Glenn Beck, with his analsys of why what Obama is saying just won’t help, and in fact his plan is absolutely UNREASONABLE!

Harry Reid Opposes Obama on Earmarks

Harry Reid Opposes Obama on Earmarks

As if the Democrats were not already divided, here comes the war between the President and Congress. Of his campaign promises, Obama claimed that there would be no earmarks when he became president of the United States. Sad to say, but there were earmarks in the $787 billion spending bill as well as [...]

Where Will the Spending End?

Obama plans to spend TRILLIONS of dollars as quickly as he can. This is insane! It will cause a severe inflationary period, a prolonged recession, loss of support from the American people, and put an undue burden on everyone, including future generations!
Even before Obama took office as president, the Treasury Department, FHA, FDIC [...]

Bernanke Wants to Bailout Bad Borrowers

Federal Reserve Chairman Ben Bernanke said Wednesday that the embattled housing market has crippled the economy, and at-risk homeowners need a bailout - even if they knew they couldn’t afford their home in the first place.
“Some borrowers presumably knew what they were getting into,” Bernanke said before the House Financial Services Committee. “But from a [...]

McCain Slams Obama for Earmarks in Spending Bill

Sen. John McCain slammed the Obama for allowing lawmaker’s pet projects into the $787 billion “stimulus” bill. And on top of that, McCain, speaking to CBS News’ Katie Couric on her webcast after Obama’s speech to Congress, criticized Democratic leadership for allowing what he said were over 9,000 earmarks into an omnibus, or catch [...]

American Express Paying Customers $300 To Leave

Instead of luring customers with cash rewards, American Express is paying to get rid of customers. They are offering selected customers $300 if they pay off their balances and close their accounts.
Here is the link: American Express offer
This offer is only valid for selected members, those who have a sizeable balance and little [...]