08.08.2011

S&P Credit Downgrade Vindicates Tea Party Warnings

By Robert Romano – AA is now Barack Obama’s scarlet letter.  He is the first President to preside over a downgrade of our full faith and credit, and it is owed to no less than Obama’s $1 trillion annual expansion of the now $14.5 trillion national debt, […]

08.07.2011

Timothy Geithner Will Stay On As Treasury Secretary…

Following the week from hell, and indications from Geithner that he would be exiting the Obama administration after the debt-ceiling debate was over, Treasury Secretary Timothy Geithner has told Obama that he will stick around throughout Obama’s re-election campaign. This announcement comes on the heels […]

08.05.2011

U.S. Credit Rating Downgraded

For the first time in modern history, the U.S. credit rating is less than AAA. S&P’s has downgraded the U.S. credit rating to AA+. S&P’s specifically called out the debt plan that Congress passed and Obama signed earlier this week. According to S&P’s, the plan […]

08.05.2011

Sean Penn Steps Into The Team Obama Spotlight

He’s good friends with Venezuelan Nationalist Leader Hugo Chavez and this makes a Venezuelan unhappy. We have decided to shine the Team Obama Spotlight on actor Sean Penn.

08.05.2011

U.S. credit rating downgrade coming soon

Another reason why Monday’s debt-ceiling deal was bad: A government official tells ABC News that the federal government is expecting and preparing for bond rating agency Standard & Poor’s to downgrade the rating of US debt from its current AAA value. […]

08.05.2011

Obama celebrates his birthday by adding hundreds of billions to national debt

By Frank McCaffrey – ALG’s Robert Romano tells us how President Barack Obama has celebrated his 50th birthday. Here’s a hint, he went on a spending spree and raised our national debt to highs that it has never seen.

08.05.2011

MSNBC pulls out favorite Soviet/KGB trick: Declare your opponents insane

By Bill Wilson – On Wednesday, MSNBC’s Martin Bashir launched the most transparently biased and abusive segments yet against Tea Party activists. Not content to simply repeat the slurs of the usual suspects of the legacy media, Bashir out-did himself by trotting out one of the most […]

08.05.2011

Cell phones now a necessity for America’s poor

By Rebekah Rast – America’s definition of poverty differs from how many other countries would describe it. You know America is indeed a blessed nation when its poorest households are described as having a refrigerator, television, microwave and some even having an Xbox or other gaming system . But only about 90 percent of the population has a cellular phone . According The New York Times, “That leaves 32 million, including the […]

08.05.2011

Obama’s ridiculous recovery

By Rick Manning – Where is the irrational exuberance? Where is the stock market celebration that a grand deal has been cut and the nation has been saved from certain doom because the debt ceiling was raised, and Washington, D.C. can go back to spending $125 billion […]

08.05.2011

Unemployment: 9.1%

The unemployment rate for July dipped slightly to 9.1%.

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