Election Day, 11/4/08. That was the day of hope.  The Dow Jones Industrial Average closed at 9625.  At this moment, the Dow Jones Industrial Average is hovering around 6580.  It is down over 3,000 points.  That means that just since November the 4th, the Dow Jones Industrial Average has lost a third of its value, […]

Obama talking with Gordon Brown… OBAMA: What I’m looking at is not the day-to-day gyrations of the stock market but the long-term, uh, ability for the United States and the entire world economy, uh, to regain its footing.  Uh, and, y-y-you know, the stock market is sort of like a tracking poll in politics. It […]

We throw the word “socialist” around and we assume that people know what it means. There are three primary definitions of socialism. It is “a political theory advocating state ownership of industry,” and we see it’s starting to happen with the banks and automobile companies. It is “an economic system based on state ownership of […]

Here’s Eugene Robinson of the Washington Post. ROBINSON: Obama is a winner this week because he got through a huge, complicated, almost $800 billion spending rescue bill in record time. This doesn’t happen in Washington. And — and, you know, sure, the beginning of an administration is the time when you really want to spend […]

How many promises did Obama break during the process of getting the stimulus bill passed in Congress? The number is seven. Here are the promises that were broken: “Make government open and transparent.” “Make it ‘impossible’ for congressmen to slip in pork barrel projects.” “Meetings where laws are written will be more open to the […]