Tag Archive for Economics

Impending Democrat Election Disaster – Chriss Street

The Quinnipiac University National Poll released on January 22nd reveals that American voters rate President Barack Obama’s leadership on the economy, jobs, healthcare as very poor; his only positive marks come from fighting terrorism. Barack Obama’s first Presidential campaign narrative argued that President George W. Bush and the Republicans were so interested in fighting a […]

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Federal Shutdown Impact on State and Local Governments- Chriss Street

State and local governments are very familiar with the impact of a federal government shutdown, since there have been 17 since 1976.  Presidents Jimmy Carter and Ronald Reagan each dealt with six shutdowns that lasted from one to eighteen days during their terms in office.  The United States Treasury estimates that if an agreement on […]

Europe Declares the Welfare State Dead – Chriss Street

With the Congress and the Administration in full battle mode over implementing Obamacare to convert the United States into a European welfare state, Dutch King Willem-Alexander gave a nationally televised speech to his nation’s Parliament on September 16th declaring the welfare state was dead.   The message, written for the King by Prime Minister Mark Rutte’s […]

Washington DC Shooter Shuts-Down U.S. Supremacy – Chriss Street

The September 16th attack on the Naval Command Headquarters at the Washington D.C. Naval Yard is a major a defeat for the projection of international supremacy by the United States.  One or more shooters managed to get on the secure compound and into the building housing the Chief of Naval Operations to kill 12 Americans.  This…

Snowden Warns Americans To Fear The Military-Intelligence Complex – Chriss Street

Unburdened by the Constitutional requirement to get a search warrant, those nice people at the National Security Agency (NSA) have teamed with Apple, Google and Microsoft to take time out of their busy day to capture all your party pictures from college, intimate letters with your lover and financial activities of your business in order to […]

Obama’s Picture Perfect Israeli-Palestinian Peace Talks – Chriss Street

With the Obama Administration mired in scandals and their Arab Spring Initiative in shambles, the Administration recognizes the strengthened position Israelis at the restart of Israeli-Palestinian Peace Talks.  Hamas militants in the Gaza Strip, who were sponsored by the Egyptian Muslim Brotherhood, have been severely weakened by the Egyptian military coup against the Brotherhood.  Israelis […]

VA Disability Scandal; Deny, Delay Until They Die – Chriss Street

My May report disclosed that despite a 40% increase in budget and approximately $194 million in annual bonuses, the Department of Veteran’s Affairs (VA) backlog of disability claims doubled, and claims outstanding for more than a year skyrocketed by 2000% since 2008.  The burgeoning scandal appeared to cause the VA to suspend bonuses.  But my […]

Treasury Intends to Continue to Lengthen Average Maturity – Real Time Economics – WSJ

The U.S. Treasury intends to continue to gradually extend the average maturity of the securities it issues–a tactic that locks in borrowing costs but potentially dilutes the impact of a Federal Reserve policy intended to boost the economy. The average maturity of outstanding Treasurys reached 63.9 months at the end of May–the highest level in…