Economy
ROBERT SAMUELSON:: Employers lack confidence, not skilled labor – WaPo
By MB Snow at May 6, 2013 | 1:40 pm
By Robert J. Samuelson, Published: May 5 -- Are we missing a couple million jobs? These would be jobs that exist but lack workers to fill them. The notion that the recovery is being hobbled by too few skilled workers is seductive. It might explain today’s stubbornly high unemployment and why aggressive government policies to promote recovery have been so ... Go To Article
Commentary , Economy , Featured , General , Politics
CALIFORNIA & TEXAS: Review & Outlook: A Tale of Two Oil States – WSJ
By MB Snow at May 5, 2013 | 5:41 pm
REVIEW & OUTLOOK, May 5, 2013, 6:51 p.m. ET While the shale boom lifts Texas, California sits on vast resources. Texas and California have been competing for years as U.S. growth models, and one of the less discussed comparisons is on energy. The Golden State has long been one of America's big three oil producing states, along with Texas and Alaska, but last ... Go To Article
Commentary , Economy , Energy , Featured , General , News , Politics
GREEN ENERGY: Despite sequester, DOD signs contract for $59/gallon green jet fuel | WashEx
By MB Snow at May 5, 2013 | 9:39 am
May 2, 2013 , Joel Gehrke Defense Secretary Chuck Hagel recently warned that sequestration would cause “suspension of important activities, curtailed training, and could result in furloughs of civilian personnel” but the spending cuts haven’t killed the green fuels program, as the Pentagon has continued purchasing renewable fuel at $59 per gallon. “In ... Go To Article
Barack Obama , Economy , Energy , Featured , General , Military , News , Politics , Your Money
THE HOUSE: CANTOR promises House vote to repeal ObamaCare soon – TheHill’sFloorAction
By MB Snow at May 3, 2013 | 11:08 am
By Pete Kasperowicz - 05/03/13 01:05 PM ET Majority Leader Eric Cantor (R-Va.) told House Republicans on Friday that they will soon get a chance to vote a full repeal of ObamaCare. "While we have not locked in the timing, I expect that the House will vote on full repeal of ObamaCare in the near future," he told members. Many Republicans have been eager to vote ... Go To Article
Congress , Economy , Energy , Featured , General , Health Care , News , Politics
CALIFORNIA TAX REVENUE yields multibillion-dollar surplus – latimes
By MB Snow at May 3, 2013 | 1:25 am
By Chris Megerian, Los Angeles Times, May 2, 2013, 7:30 p.m. SACRAMENTO — California has been flooded with revenue this tax season and is on track to finish the fiscal year with a surplus of billions of dollars, according to officials. State coffers contain about $4.5 billion more than expected in personal income tax payments. Nearly $2.8 billion of it arrived ... Go To Article
California , Economy , Featured , General , News , Politics , Taxes , Your Money
ECONOMY: Flood of new regulations made Obama’s first term costliest in history | WashingtonExaminer.com
By MB Snow at May 3, 2013 | 12:30 am
May 2, 2013 | 5:51 pm A torrent of regulations enacted over the last four years make President Obama’s the most expensive first term in history, with $70 billion in new annual regulatory costs, according to a study released Wednesday by the Heritage Foundation. The Obama administration passed 131 major new rules in those four years, and has hundreds more in the ... Go To Article
Barack Obama , Economy , Featured , General , News , Politics , Your Money
OBAMA’S bid to squeeze SOCIAL SECURITY enrages his core backers | McClatchy
By MB Snow at May 3, 2013 | 12:15 am
By James Rosen | McClatchy Washington Bureau WASHINGTON — Liberal groups angered by President Barack Obama’s proposed Social Security cuts say they’ll take a page from conservatives’ campaign playbook and work to oust Democratic lawmakers who go along with the plan. The revolt within Obama’s political base and a related divide in his party may complicate ... Go To Article
Barack Obama , Economy , Featured , General , News , Politics , Taxes
MORT ZUCKERMAN: The Economy Is Not Advancing — It’s Going Backward: Obama administration is more inclined to PR than hard-headed pragmatism in dealing with unemployment
By MB Snow at May 2, 2013 | 12:41 am
By Mort Zuckerman http://www.JewishWorldReview.com | Which way are we going? The stock market has revived, though it still is off a high in real terms. There's suddenly good news about housing demand, which is showing signs of life after six years of stagnation. Yet Federal Reserve Chairman Ben Bernanke warns that the package of fiscal cutbacks – the fiscal cliff, ... Go To Article
Barack Obama , Commentary , Economy , Featured , General , Politics
THE GREAT GOLD DEBATE Continues, And It’s Serious – Forbes
By MB Snow at May 1, 2013 | 1:45 am
Ralph Benko, Contributor, OP/ED | 4/29/2013 The gold price fell, dramatically, and now is bobbing about. Meanwhile, the prospects for implementing a 21st century gold standard continue to rise. Dramatically. In a recent media monetary policy media slugfest between The New York Times and The Atlantic, on one side, and Bloomberg.com andForbes.com on the ... Go To Article
Barack Obama , Commentary , Economy , Featured , General , Politics
DANIEL P. KESSLER: The Coming ObamaCare Shock – WSJ
By MB Snow at April 30, 2013 | 2:34 am
OPINIONApril 29, 2013, By DANIEL P. KESSLER Millions of Americans will pay more for health insurance, lose their coverage, or have their hours of work cut back. In recent weeks, there have been increasing expressions of concern from surprising quarters about the implementation of ObamaCare. Montana Sen. Max Baucus, a Democrat, called it a "train wreck." A ... Go To Article
Barack Obama , Commentary , Economy , Featured , General , Health Care , Politics
