No “little people” at this party. Did you read about President Obama’s 50th birthday party? He went back to Chicago to celebrate, which was no surprise. But the price tag sure was. Admission was $30,000 per person. But for that, I’m told, you not only got a decent meal and piece of cake; you also got to hobnob with the President, some Hollywood headliners and music stars. No wonder some folks said, “Priceless!”
Nobody loves Obama? In her Wall Street Journal column last Sunday, Peggy Noonan pointed out “something I’ve never seen in national politics.” The lady has seen a ton of stuff (and read about more) since her stint as speechwriter for Ronald Reagan. So what is it that’s surprised her now? “It is that nobody loves Obama.” Oh sure, he’s got plenty of supporters. Even some fanatical loyalists. But they’re all grim about it. What’s going on? Peggy’s conclusion: “He is a loser. And this is America, where nobody loves a loser.” Let’s hope she’s proven correct next November.
Another government default. In my Straight Talk column two weeks ago (click here if you didn’t see it), I mentioned that the U.S. government has defaulted on its obligations at least twice in the past. Ron Paul, my favorite LION in the House (that’s an acronym I made up; it stands for Libertarians In Office Now), reminds me that there was a third and more recent default. In 1968, Uncle Sam unilaterally reneged on all the silver certificates that were in circulation. The notes promised to “pay on demand” their equivalent value in silver. But as of 1968, all you could exchange them for were other Federal Reserve notes. Can you guess who got the worst of that deal?
How many people would have done this? A tip of the Chip Shots hat to Christian Lopez, a 23-year-old baseball fan who managed to snag a home run ball off the bat of Derek Jeter. But not just any ball — it happened to be Jeter’s 3,000th hit. The slugger was the first Yankee in […]
Don’t bet Obama will get them. At a fundraiser in Philadelphia two weeks ago, Barack Obama apologized for not accomplishing more of his goals. “I know there are some of you who are frustrated because we haven’t gotten everything done that we said we were going to do in two and a half years,” our […]
How much does Uncle Sam really owe? There’s quite a kerfuffle in Washington over raising the Federal debt ceiling above $14.3 trillion. But what if we included as “debt” all the promises to pay our government has made? Add all the so-called unfunded liabilities and the total comes to a staggering $114.5 trillion. That amounts […]
Not always this peaceful. London must be one of the most civilized cities in the world. But this civilized? During a recent visit, I came across two demonstrations facing each other across a street. On one side stood a small pro-Israel group, waving a blue and white flag. Across the street, several pro-Palestinians held aloft […]
I was glad to see that Barack Obama finally weighed in on the fate of Anthony Weiner. His exact words in his interview with NBC’s Today were: “I can tell you that it if was me, I would resign.”
Do you remember when the former peanut farmer from Georgia harped on the misery index? To get the misery index, add the inflation number to the unemployment number. Today, the misery index is 25 percent.
That sure was a miserable jobs report for May, wasn’t it? The Labor Department said that after spending billions of dollars on Federal boondoggles, only 54,000 new jobs were created in the country that month. But here’s the real stunner: More than half of those jobs may have been from just one employer.