8:41 pm in Economic News by acai_berry
DAVOS, Switzerland — The state of the union is … leaderless. Sounds harsh, but when it comes to digging America out from what President Obama calls its “mountain of debt,” I’m becoming increasingly worried this assessment is accurate. The president talks the talk about fiscal responsibility. But the evidence suggests he’s not willing to spend the political capital to translate that talk into action. Judge Obama by his own standards. “We have to

See more here: President Can’t Tackle Debt With Just Talk
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Tags: assessment, capital, judge, obama, on the left, sounds, standards, suggests, switzerland
11:06 am in Economic News, General News by A. Walker
In spite of talking about freezing government spending, President Obama reminded everyone during the State of the Union just how out of touch he is about the defining issue of our time — the fiscal dysfunction that threatens to rob future generations of today’s living standards and jeopardizes the global financial system. National debt has grown by $3 trillion since Obama took office, the most rapid growth under any president since FDR’s wartime

See more here: America’s Next Financial Crisis Is Already Here
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Tags: fdr, generations, global, grown, growth, jeopardizes, living, obama, office, president, reminded, standards, state, today, wartime
6:05 am in General News by 10minuteshomeremedies
Commerce: President Obama did the right thing by moving to restore a Nafta program to Mexican trucks on Thursday, effectively taking U.S. trade back to normal. So what did the two-year shutdown gain for us? Transportation Secretary Ray LaHood presented to the incoming Congress and Mexico’s government the outline of a new pilot program to permit Mexican trucks on U.S. highways, with tough inspection standards for the trucks and thorough background

Here is the original post: Truck ‘Timeout’ Ends
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Tags: government, incoming, mexico, permit, program, shutdown, standards, trucks
11:05 pm in Economic News, General News by A. Roberts
If we want to continue to enjoy the bright, warm light that Thomas Edison’s incandescent bulb radiates, Congress will have to repeal Subtitle B of Title III of the Energy Independence and Security Act of 2007. Environmental “standards” will start eliminating 276 versions of incandescent light bulbs in 2012, and the drop-dead date for our favorite 100-watt light bulb is just one year away. Then, we will be able to buy only more expensive but

Go here to see the original: D.C. Dim Bulbs Outlaw Edison’s Greatest Gift
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Tags: act, dead, edison, environmental, light, on the right, standards, thomas, versions