Barack Obama’s Presidency Is Imploding

This has been a nightmare week for Barack Obama, without a doubt the worst of his presidency so far. Steven T. Miller, acting commissioner of the Internal Revenue Service has resigned over his agency’s targeting of conservative groups, which even The Washington Post labeled this morning a “horror story”. Yesterday Obama’s Attorney General Eric Holder testified before the House Judiciary Committee on a host of issues including the Benghazi debacle, in what can only be described as a [...]

Listen Closely: “Tick, Tick … Boom!” Wake up, It’s An “Impending Crisis,” Dead Ahead!

By Paul B. Farrell, MarketWatch

InvestmentNews latest cover is so powerful you can actually hear sirens atop a flashing neon billboard, megawarning in huge bold type: “Tick, Tick … Boom!”

A warning: InvestmentNews wants to make damn sure its readers, the 90,000 professional financial advisers who rely on timeliness and accuracy of every INews forecast: “What will your clients’ portfolios look like when the bond bomb goes off?” Get it? [...]

Andy Xie: Yen edges toward brink: 200% of GDP in fiscal stimulus hasn’t turned the economy around.

By Andy Xie

BEIJING ( Caixin Online ) — Every time I come to Japan to attend a conference, I am reminded of what a depression looks like in the 21st century.

This time is no different: shops are not busy, restaurant owners wait anxiously outside for customers and are usually disappointed, empty taxi cabs roam the streets. Two decades after its property bubble began to deflate, [...]

REPORT: Steven Spielberg Behind Obama’s Failed BAIN CAPITAL Attack

Michael Barone is correct, Obama really needs to stop taking advice from wealthy, limousine liberals.

If you were looking for advice on how tell a story that would impact millions upon millions of people, would you go to a director whose last four films were “War Horse,” “The Adventures of Tintin,” Indiana Jones 4,” and “Munich?”

Nope.

But Team Obama did, and what they got in return was a continuation of the ongoing Spielberg flop-streak:

“At [...]

Tax OUTRAGE: You won’t believe how much money the Obama administration just spent on Amazon Kindles

From Economic Policy Journal:

Yup, the State Department has awarded a $16.5 millioncontract to Amazon to stock designated libraries and U.S.-friendly educationalcenters around the world with 2,500 Kindle e-Readers, procurement databasesshow, according to Nextgov.com. The contract includes 50 titles, a securecentral management system and round-the-clock help desk service.
 
The purchase works out to a cost of $6,600 per reader.No doubt there may be extra support and software that comes with these Kindles,but [...]

Energy Expert: Germany’s Renewable Energy Transition “Will Fail Spectacularly – Heavily Damaging The Economy”

By P Gosselin on 25. Januar 2012

The European Institute for Climate and Energy (EIKE) issued a press release on a 28-page report that German energy expert Dr. Guenter Keil wrote concerning Germany’s transition to renewable energy, and away from nuclear and fossil fuel energy.

DR. KEIL’S FULL 28-PAGE REPORT IN ENGLISH

As the report shows, Germany’s transition to green energy is turning into a real horror story. The 28-page full report will keep you up at night!

Germany’s rushed [...]

TSA Agents Think They Are Above The Law

TSA worker in uniform flashes badge, brutally rapes woman

Paul Joseph Watson
Infowars.com
Tuesday, November 22, 2011

Yet another example of a TSA agent engaging in rampant criminality and believing themselves to be above the law emerged yesterday, when 52-year-old TSA worker Harold Glen Rodman allegedly approached a woman in full uniform before flashing his badge and proceeding to brutally rape and sodomize her.

“Police arrested Rodman on Nov. 20. He is charged with aggravated [...]

Irish banks are running out of collateral they can use to borrow from the European Central Bank, turning instead for emergency support from their own central bank on an unprecedented scale.

The cement mixer which was driven into the gate of Ireland’s Parliament Building, in protest at the bailout of Ireland’s banks. Photo: AFP By Ambrose Evans-Pritchard 7:49PM GMT 16 Jan 2011   The latest data shows that Anglo Irish Bank and other lenders had borrowed €51bn (£43bn) from the Irish central bank by the end of December, under an obscure [...]

You should just check out the real horror story unfolding right before our eyes – the U.S. economic meltdown.

It seems like more bad news for the U.S. economy comes out almost every single day now.  Unfortunately, things are about to get a whole lot worse.  The mainstream media has been treating “Foreclosuregate” as if it is a minor nuisance, but the truth is that the lid is about to be publicly lifted on years and years of massive fraud in the U.S. mortgage [...]

The Delphi Disaster: An Economic Horror Story Obama Won’t Tell

http://townhall.com/columnists/MichelleMalkin/2010/09/22/the_delphi_disaster_an_economic_horror_story_obama_wont_tell/page/full/

Consider the real-life horror story of 20,000 white-collar workers at Delphi, a leading auto parts company spun off from GM a decade ago. As Washington rushed to nationalize the U.S. auto industry with $80 billion in taxpayer “rescue” funds and avoid contested court termination proceedings, the White House auto team schemed with Big Labor bosses to preserve UAW members’ costly [...]

Things are so much worse than the mainstream media is reporting.

Yesterday, I went to a wedding in Manhattan. Over half the invitees where Ivy League Lawyers and Doctors. I heard one horror story after another. Here are a few stories.

story one) 30 year old NYC R/E female attorney who was laid off from one of the premier law firms in early 2009. She has sent out 400 resumes and no offer. Her father was a successful executive in a Texas [...]

U.S: All we learned to do was add more debt and kick the can down the road.

We have not re-invented anything and we haven’t reinvigorated our economy for many decades. Clear back in 1968 we started borrowing $1 for each $1 of GDP growth. Each decade from then on, we got worse and we continued to use the same policies instead of re-inventing ourselves. Now there is no way to grow or tax out of this according to our own government’s projections, including those of the [...]