November 14, 2008
…st as important today as they were 28 years ago when he became president. In fact, Reagan inherited an economy from President Carter that was arguably worse than the economy that President-elect Obama is being handed. In 1980 Inflation was at 13.6%, now it is approximately 2.8%. Unemployment was at 7.1%, now it’s at 6.5%. Mortgage Rates were at approximately 14% and now they are under 6.5%. This is definitely not the worst economic crisis since t…
Tags: Conservative, Domestic Policy, Foreign Policy, Obama, Republican
Posted in Democrat, Frank DeMartini, Republican | 7 Comments »
April 21, 2010
…or any serious funding. Obama is quick to point out that he is allocating $6 billion for the program over the next five years, but officials are just as quick in mentioning that this additional money would barely keep up with inflation for NASA’s current annual budget of $17.3 billion. Skeptics also point out that the earliest possible mission would not occur before 2025. So the net consensus is that manned spaceflight to Mars has little ch…
Tags: NASA, Space Program
Posted in Craig Covello, Uncategorized | 38 Comments »
January 25, 2009
…my. Keynesian economics did not work in the 1930’s. It did not work in Japan recently. And, it will not work now. Deficit spending will create just the opposite effect. If you pump what will be inflated money into the system, inflation will run rampant and the buying power of the American populace will be lowered. Once this happens, the recession will deepen thereby causing more layoffs and job losses. You must allow the economic cycle to play it…
Tags: John F. Kennedy, Thailand
Posted in Uncategorized | 5 Comments »
October 31, 2011

“Why is this Woman STILL Running?” Michele Bachmann’s numbers keep dropping at a rate that soon may very well cross into the negative column. She is virtually invisible in the debates now and has very little to say to her followers. It has gotten so bad that even “American Majority” a Tea Party Group has begin to criticize her. According to “The Christian Science Monitor” Ned Ryan, head of the “American Majority” said recently in a blog titled…
Tags: Barack Obama, Bill Clinton, Congress, Economy, Election, George W. Bush, George Washington, Glenn Beck, inflation, Libya, Mitt Romney, Republicans, Tea Party, Unemployment
Posted in Conservative, Ira Schwartz, Republican | 7 Comments »