Fannie Mae Is At It Again!

Mortgage giant Fannie Mae, the too-big-to-fail bailout beneficiary, is apparently at it again—doing everything in its power to sink the economy into another recession: The Federal Housing Finance Agency inspector general said its latest concerns involve Fannie Mae’s “haphazard” decision to fill a critical auditor position with an employee who lacked proper qualifications and suffered from a conflict of interest. Unless Fannie Mae’s leaders and the audit committee that allowed the Read more […]

Number Living Paycheck to Paycheck Up 33% From 2012

Almost a third more people are living paycheck to paycheck  from only a few years ago. Anytime anyone brings up our economic malaise, liberals like to chime in to talk about how great the economy is under Obama. They talk about how rich they are, how great their portfolios are, how great the stock market is doing, how little they have to work, how they get to live off their parents’ sizable inheritance, and they wonder why everyone isn’t celebrating like they are. Their only conclusion is Read more […]

Recession 2014? Economy Drops 3% since April

Recession 2014? Economy Drops 3% since April The Obama administration continues to paint a rosy picture of the US economy, claiming that we are well on the way to recovery. Yet that’s not what the Gross Domestic Product (GDP) says. Since the government reported in April that the economy is doing better, the GDP has fallen by 2.9%. That may not sound like a lot to some of you until you realize that it’s the largest drop in over 5 years. The last time the economy took a dive that large was Read more […]

Associated Press Admits Obamacare Is Killing The “Recovery”

This story at Yahoo! Finance reads like something from the alternative media. Meet Teresa Hartnett: “Hartnett was getting enough steady business that she was ready to take on 60 employees. ‘I was particularly excited about offering benefits,’ she says. That enthusiasm died when Hartnett met with her accountant to be sure she could afford the expansion. Hartnett was faced with the prospect that, once she had 50 workers, she’d be subject to the ACA. She considered expanding her company with Read more […]