“Those folks are coming here seeking opportunities. Those folks are coming here seeking the American dream.” Pierre told us. here are an estimated 460,000 ILLEGAL immigrants in Arizona. These illegal immigrants do not pay taxes on the wages they earn, yet US law allows them medical care and their children to attend school at the [...]
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Wang Rong, who is six-months pregnant, is about to leave Beijing for California so she can give birth to her baby in the United States and give the child its first gift – US citizenship. According to little Tommie Friedman in the New York Times China is supposed to be like heaven whereas America is [...]
“You certainly don’t need a college to gain knowledge. For example, there’s an outfit called The Teaching Company that hires the very best professors in the world in all sorts of subjects to deliver superb audio courses.” Unfortunately for students, this year proved very difficult in the job market with record unemployment levels among students. [...]
The nation’s working-age population grows by about 150,000 people a month. So the hole is deeper than it looks. It would take the creation of 10.6 million jobs immediately for the same percentage of the population to be working as was the case three years ago.” First off, true unemployment is far higher then reported. [...]
“Unemployment benefits are creating jobs faster than practically any other program, House Speaker Nancy Pelosi said Thursday.” Talking to reporters, the House speaker was defending a jobless benefits extension against those who say it gives recipients little incentive to work. By her reasoning, those checks are helping give somebody a job. “It injects demand into [...]
During the campaign, Barack Obama promised to bankrupt any new coal-burning plants in the US through his global-warming policies. Congress has followed suit with a cap-and-trade bill that Harry Reid keeps promising to revive. One firm in Wisconsin shows exactly what happens when politicians intervene to attempt to conduct social engineering in the energy sector. [...]
“What we need are consistent job gains, not just a month or two,” said Richard DeKaser, chief economist at Woodley Park Research in Washington, whose confidence forecast was the lowest of those surveyed. “Until we get that, I don’t think we’re going to see any gains in consumer confidence.” — BusinessWeek Confidence among U.S. consumers [...]
“Some 200,000 jobless Californians have already lost their unemployment benefits, and that figure is expected to rise to 1.5 million by the end of the year without an extension from Congress. California’s unemployment rate stands at 12.4 percent, among the highest in the nation. California’s unemployed will also feel the pinch. Cheryl Hunt, a tech [...]
Vice President Joe Biden gave a stark assessment of the economy today, telling an audience of supporters, “there’s no possibility to restore 8 million jobs lost in the Great Recession.” — CBS News Appearing at a fundraiser with Sen. Russ Feingold (D-Wisc.) in Milwaukee, the vice president remarked that by the time he and President [...]
“The reason that consumers are not spending more money has nothing to do with attitudes. The reason that most consumers aren’t spending is the same reason that homeless people aren’t spending much money: They don’t have any money.” — Dean Barker, Counterpunch Credit cards are the bane of Western society’s existence. Perhaps they are a [...]
“One of the reasons that Canadians (and international commentators, other finance ministers and global financial institutions) buy this Canadian banking fairy tale is the way the government accounts for the money borrowed to support the banks.” The sorry spectacle of Conservative cabinet ministers flying around the world defending banks from a tax to cover their [...]
“It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before tomorrow morning.” — Henry Ford Basically what the world central banks are doing is increasing their money by devaluing it (printing more than it’s worth) and [...]
“Carolyn Angelette said around 100 clients have canceled summer rentals in Grand Isle, LA. Other clients have postponed plans to buy a home until they see the full extent of oil damage. At this rate, she warns, her Century 21 office will go out of business.” It is obvious BP will be in litigation for [...]
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