Virginia Right!

What are the top three worst development investments a county can make in a recession? Answer: Apartments, Apartments and Apartments. And why is that? Because they come stacked with kids, kids and more kids. Apartments are the highest density developments you can have. And the problem is, there are so many children per square foot [...]

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Wow. They call this monstrosity of a tax increase – $6.1 billion – the “Transportation Bill”. But only 57% is supposed to go to transportation. And we all know how “secure” that spending will be. There is no lock box. So as Bob McDonnell sends email after email trying to convince people that bigger government [...]

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As we have previously noted, Governor McDonnell has moved firmly into the RINO Camp proposing a 16% Sales Tax Increase for Virginia to pay for more roads. (What is it with these pretend Conservative politicians?) And while the abrupt left turn for McDonnell is sure to ingratiate him in the eyes of Progressives (although Progressives would rather see [...]

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We have been predicting for some time that House and Senate Republicans were going to cave in to higher taxes. Every one of these Republicans has said many, many times “you don’t raise taxes on anyone in a recession – period!” So Senate Republicans would have us believe that they were completely at the mercy [...]

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This new article by the Guardian has some nuggets for UKIP supporters like me: First, the BNP once drew 10%+ in an election and UKIP is certainly skeptical on immigration and non-racist like BNP: Nick Griffin’s party polled 10.4% of the Rotherham vote in the 2010 general election. Immigration is a big issue in the [...]

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Last week, The Washington Post reported, “President Obama is prepared to veto legislation to block year-end tax hikes and spending cuts, collectively known as the ‘fiscal cliff,’ unless Republicans bow to his demand to raise tax rates for the wealthy, administration officials said. Freed from the political and economic constraints that have tied his hands in the past, [...]

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Bad economic news continues to roll in. AP reports today, “U.S. industrial production fell in August by the largest amount in more than three years as factories produced fewer cars and other manufactured goods and Hurricane Isaac triggered shutdowns along the Gulf Coast. Industrial production dropped 1.2 percent last month compared to July, the Federal Reserve said [...]

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Dems’ Radical Cliff Plan Draws Gasps Fed Chairman & Jobs Groups Say Going Over Fiscal Cliff Would ‘Spawn A Dangerous Crisis,’ Warn A ‘Recession Would Occur’   Fed Chairman Warns On Consequences Of Fiscal Cliff   BEN BERNANKE, Federal Reserve Chairman: “…fiscal decisions should take into account the fragility of the recovery. That recovery could be endangered by [...]

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Are Dems Open To Another Recession? Dems Admit Willingness To Go Over Fiscal Cliff, ‘Plunge The Nation Back Into Recession,’ And ‘Raise Unemployment’   ‘Democrats Are Making Increasingly Explicit Threats,’ ‘Refuse To Budge’   “Democrats say they are prepared to go over the so-called fiscal cliff at the end of the year …” (“Democrats Risk Fiscal [...]

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After inheriting a surplus of $1.5 Billion when he became Governor of Virginia and squandering that nest egg into a $4.5 Billion Dollar Shortfall, Tim Kaine has proved that Tim Kaine-sian economics simply do not work. Note to the Kaine Supporters: Tossing out a drive-by budget that massively raised taxes on Virginians to fix his budget [...]

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Top Obama Econ Advisor: Extend All Rates One-time Obama Econ Guru Larry Summers Joins Call To Extend All Tax Rates, Says ‘Real Risk To This Economy’ Is Slow Down   Summers: ‘Gotta Be The Top Priority’   “Lawrence Summers said Wednesday that Congress should temporarily extend Bush-era tax cuts, making him the second person with ties to the [...]

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On the heels of Friday’s dismal jobs report, there’s quite a bit of bad economic news today reflecting the state of the Obama economy.   USA Today writes, “The economy isn’t careening into a ditch. It’s just stuck firmly in the slow lane. A disappointing report on the job market Friday dashed hopes that a halting recovery [...]

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Welcome to the Watcher’s Council, a blogging group consisting of some of the most incisive blogs in the ‘sphere, and the longest running group of its kind in existence. Every week, the members nominate two posts each, one written by themselves and one written by someone from outside the group for consideration by the whole [...]

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The Bureau of Labor Statistics announced the employment numbers for March today, but news reports suggest they’re disappointing. The Wall Street Journal writes, “U.S. job growth slowed in March, and the labor force shrank, signaling that the economy could be losing momentum. Jobs outside of agriculture grew by 120,000 last month—half the number that the [...]

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It might not seem probable that Obamacare could cause more foreclosures, particularly among the middle class, but these are not normal times. When the Progressives decided to force an unwanted bill and unaffordable entitlements down America’s collective throats, they had a particularly copious amount of disdain for anyone who declined to purchase Health Insurance because [...]

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Honestly, the last time I saw such a budget disaster, our last Democratic Governor Tim Kaine was behind it. Governor McDonnell and the Republicans had such a royal mess to clean up that we all knew it would not be easy. In fact, if you recall, the last budget Tim Kaine tossed out to the [...]

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Mental Recession has a great piece on some shocking Union behavior that I found very interesting: The Albany Times Union has broken a story involving correction officers in Rensselaer county trying to unseat the incumbent Republican sheriff, Jack Mahar, through unsavory means.  The crux of the story involves getting inmates to register or change their [...]

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New Stimulus, Same Old Promises There Are At Least 1.7 Million Reasons To Be Skeptical Of President Obama’s Latest Jobs Prediction   1,705,000 Fewer Jobs Since The First Stimulus Passed In February 2009 (U.S. Dept. Of Labor, “Employment, Hour, And Earnings From The Current Employment Statistics Survey (National),” Total Nonfarm, Accessed 9/6/11)   NEW STIMULUS [...]

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President Obama’s speech last night was unremarkable and predictable. The only thing new was the number of times he used the phrase balanced approach. In fact, he used the phrase 8 times! Apparently, this phrase polls well among the masses. But attempting to disguise his more of the same spending spree as balanced is the [...]

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