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JOHN NOLTE:: The Obama Curve: Media Celebrate 146k New Jobs, 7.7% Unemployment

By at December 7, 2012 | 10:10 am

JOHN NOLTE:: The Obama Curve: Media Celebrate 146k New Jobs, 7.7% Unemployment

by JOHN NOLTE 7 Dec 2012, 6:09 AM PDT -- Friday saw the release of the November jobs numbers from the Bureau of Labor Statistics. The news is that Hurricane Sandy did not affect hiring. 146,000 jobs were created and the unemployment rate edged down to 7.7%, the lowest rate since September of 2008. Revisions brought worse news. 49,000 fewer jobs were created in ... Go To Article

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RIGHT-TO-WORK bills pass in Lansing | The Detroit News

By at December 7, 2012 | 9:57 am

RIGHT-TO-WORK bills pass in Lansing | The Detroit News

BY KAREN BOUFFARD AND CHAD LIVENGOOD -- Lansing — The birthplace of the nation's modern-day labor movement moved closer to becoming the nation's 24th right-to-work state after bills Gov. Rick Snyder vowed to sign into law passed their first hurdles in the Republican-controlled Legislature on Thursday. The House and Senate each passed bills on the same day they ... Go To Article

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VIDEO:: RICK SANTELLI: ‘They Love to Fib About Statistics’

By at December 7, 2012 | 9:36 am

VIDEO:: RICK SANTELLI: ‘They Love to Fib About Statistics’

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DETROIT BANKRUPTCY:: State laying groundwork for managed bankruptcy for Detroit | The Detroit News

By at December 7, 2012 | 9:27 am

DETROIT BANKRUPTCY:: State laying groundwork for managed bankruptcy for Detroit | The Detroit News

DANIEL HOWES -- Even as the state Treasury prepares to begin another financial review of Detroit's books, a plan is being solidified in the governor's office that would guide Michigan's largest city through what is being called a managed bankruptcy. The working concept, still evolving, assumes that the state's financial review would find severe financial distress in ... Go To Article

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KRUTHAMMER: It’s nothing but a power play – WaPo

By at December 7, 2012 | 12:59 am

KRUTHAMMER: It’s nothing but a power play – WaPo

By Charles Krauthammer, Thursday, December 6, 2012 -- Let’s understand President Obama’s strategy in the “fiscal cliff” negotiations. It has nothing to do with economics or real fiscal reform. This is entirely about politics. It’s Phase 2 of the 2012 campaign. The election returned him to office. The fiscal cliff negotiations are designed to break the ... Go To Article

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STRASSEL: Obama’s Famous Tax ‘Victory’ – WSJ

By at December 7, 2012 | 12:55 am

STRASSEL: Obama’s Famous Tax ‘Victory’ – WSJ

By KIMBERLEY A. STRASSEL, POTOMAC WATCH - December 6, 2012 -- Top marginal income tax rates may go up. But the president's second-term spending wish list will be history. To read the current fiscal-cliff coverage, President Obama holds the upper hand and is poised for the "victory" of winning an increase in the top two tax rates. So successful has the White ... Go To Article

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PETER FERRARA: Why America Is Going To Miss The Bush Tax Cuts – Forbes

By at December 7, 2012 | 12:50 am

PETER FERRARA: Why America Is Going To Miss The Bush Tax Cuts – Forbes

Peter Ferrara, Contributor, OP/ED | 12/06/2012 President Obama seems to have a strategy to terminate all of the Bush tax cuts, not just those for “the rich,” as he has been saying since 2008.  He is offering the Republicans exactly zero concessions in the “fiscal cliff” negotiations.  No spending cuts, no entitlement reform, no compromise on the rates.  It ... Go To Article

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PETER SCHIFF: The Fantasy of a 91% Top Income Tax Rate – WSJ

By at December 7, 2012 | 12:45 am

PETER SCHIFF: The Fantasy of a 91% Top Income Tax Rate – WSJ

By PETER SCHIFF, December 6, 2012 -- A liberal article of faith that confiscatory taxes fed the postwar boom turns out to be an Edsel of an economic idea. Democratic Party leaders, President Obama in particular, are forever telling the country that wealthy Americans are taxed at too low a rate and pay too little in taxes. The need to correct this seeming injustice ... Go To Article

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PORTMAN TO OBAMA: Stop fighting debt ceiling – Conservative News

By at December 7, 2012 | 12:40 am

PORTMAN TO OBAMA: Stop fighting debt ceiling – Conservative News

By: Neil W. McCabe , 12/6/2012 -- The Buckeye State senator who coached W. Mitt Romney for his debates with President Barack Obama sent a Dec. 5 letter urging the president to give up his drive for unlimited borrowing authority with or without a deal to avoid the fiscal cliff. “You have said that substantial increases in the national debt are ‘irresponsible’ ... Go To Article

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ED MORRISSEY: Clinton’s Spending Cuts—Not His Tax Hikes—Worked

By at December 7, 2012 | 12:35 am

ED MORRISSEY: Clinton’s Spending Cuts—Not His Tax Hikes—Worked

By EDWARD MORRISSEY, The Fiscal Times, December 5, 2012 -- Seems like everywhere we look, we see rising nostalgia for the Clinton Era.  Perhaps that’s nowhere more evident than in the sudden burst of popular support for Hillary Clinton, who will step down as Secretary of State within the next few weeks. A new poll from the Washington Post and ABC News show 57 ... Go To Article

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