The Five Most Catastrophic Hidden Costs of the Obama Presidency

We well remember candidate Barack Obama’s ’08 throngs laying in breathless wait for the “Lightworker” to appear and speak as “sort of like God” from his teleprompter on high.

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Wall Street Aristocracy Got $1.2 Trillion in Fed's Secret Loans

Citigroup Inc. (C) and Bank of America Corp. (BAC) were the reigning champions of finance in 2006 as home prices peaked, leading the 10 biggest U.S.

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S&P Downgrade: Ex-Obama Adviser Christina Romer Says U.S. 'Pretty Darn F**ked'

On the same night that Standard and Poor's downgraded the United States' top-level credit rating for the first time in history, Christina Romer, former chair of Obama's Council of Economic Advisers, didn't mince words when asked of downgrade's potential consequences.

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U.S. Government Ends Chrysler Investment With $1.3 Billion Loss - FoxNews.com

The U.S government has sold its shares in Chrysler LLC at a likely loss of $1.3 billion in taxpayer money, the Treasury Department said Thursday, announcing the end of a controversial investment that resurrected the troubled auto company.  Italian automaker Fiat SpA, wh …

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Federal Reserve, acknowledging slowdown, reins in forecasts for economic growth - The Washington Post

[Fed Chairman] Bernanke, whom markets turn to as a purveyor of economic wisdom, said the Fed had no solid answers as to why, two years into an economic recovery, growth keeps disappointing.

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London's poor facing squeeze amid housing-benefit cuts

Poor immigrants struggling to survive in one of the world’s most expensive cities, the family of four nevertheless lives in a sunny, two-bedroom flat in an enclave of urban privilege.

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Congressional Budget Office warns of debt explosion

The CBO has published a report projecting the deficit under two scenarios.

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Obama's Keynesian Economic Plan WILL End in a Great Depression

"The recession has not ended. We are not in a recovery.

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The jobs crisis | Lawrence Summers

Even with the massive 2008-2009 policy effort that successfully prevented financial collapse and Depression, the United States is now half way to a lost economic decade. Over the last 5 years, from the first quarter of 2006 to the first quarter of 2011, the U.S.

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Stock market: longest weekly losing streak since 2002

The Dow Jones industrial average is trading below 12,000 for the first time since March and the Nasdaq composite index has given up all of this year’s gains.

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The next American bailout: Greece

No one wants to see Greece fail -- the economic stability of Europe is important. But US taxpayers have funded bailout after bailout, and our country faces a debt crisis of its own. Our unemployment rate stands at nearly 10 percent. The public debt now stands at $9.2 trillion.

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Obama loses bin Laden bounce; Romney on the move among GOP contenders

By 2 to 1, Americans say the country is pretty seriously on the wrong track, and nine in 10 continue to rate the economy in negative terms.

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Cost of war in Afghanistan will be major factor in troop-reduction talks - The Washington Post

As commodities double, U.S. debt increases, entitlement weigh heavy and the economy remains stagnant, Obama and Congress debate "troop reductions" rather than an end to the decade long quagmire in Afghanistan.

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The End Of The Eurozone? — Stiglitz At European Zeitgeist 2011

The Eurozone is suffering a crisis of confidence, with many questioning the future of the Euro and the EU alliance itself. Stephanie Flanders engages economic experts on both sides of the European debate.

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Local Yak Makes Plea For Greater Understanding Between the Sexes | The Onion - America's Finest News Source

"Men and women need to work at bridging the gap between them," said the yak, speaking from a flooded rice plain near Ulaan Baatar. "Most people are very good at hearing, but lousy at listening."

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Nearly 20 percent of new Obamacare waivers are gourmet restaurants, nightclubs, fancy hotels in Nancy Pelosi's District

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Treasury to tap pensions to help fund government

Geithner, who has already suspended a program that helps state and local government manage their finances, will begin to borrow from retirement funds for federal workers.

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Socialist policies failing in the US: Headline: A trail of stalled or abandoned HUD projects

The federal government’s largest housing construction program for the poor has squandered hundreds of millions of dollars on stalled or abandoned projects and routinely failed to crack down on derelict developers or the local housing agencies that funded them.

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Socialist policies failing in Europe: In Greece, austerity kindles deep discontent

Athens — Already struggling to avoid a debt default that could seal Greece’s fate as a financial pariah, this Mediterranean nation is also scrambling to contain another threat — a breakdown in the rule of law.

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Saving Private Pelosi: Nancy's Spielberg Makeovers

Close Encounters with Democrats: A random group of Americans find themselves inexplicably drawn to gather at the Devils Tower National Monument in Wyoming to attend an indoctrination session with Pelosi about supporting ObamaCare. ...

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Osama bin Laden killing gives Obama quick but limited ratings boost - The Washington Post

But the new poll, conducted Monday evening by The Washington Post and the Pew Research Center, also finds virtually no movement in Obama’s numbers when it comes to handling the economy.

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