Keyword: decline

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  • How Japan Bankrupted Itself: The story of Japanís decline ó and the lessons for Europe.

    12/22/2014 4:18:21 PM PST · by SeekAndFind · 33 replies
    The Globalist ^ | 12/22/2014 | By Daniel Stelter
    Following the start of Abenomics in 2012, Japan moved back to the center of attention of global financial markets. After two and a half decades of economic stagnation, hopes were high that Japan would escape its long stagnation and deflation. Plenty of economists around the globe hoped that, in so doing, Japan would show the western world, mainly the Eurozone, the way to do the same and avoid a similar long period of low growth and stagnating incomes. Conversely, the failure of Abe’s plan for Japan’s recovery would not only be a disaster for the country of the rising sun....
  • Freep a Poll! (How do feel about America's decline under Obama?)

    12/04/2014 5:42:17 PM PST · by dynachrome · 19 replies ^ | 12-4-14 | Headline of The Day
    How do feel about America's decline under Obama? I'm glad Obama brought the U.S. down a notch. I don't know. The U.S. will be great again again once the grown-ups are in charge.
  • Democrats Paved the Way for Their Own Decline

    12/02/2014 8:59:29 AM PST · by centurion316 · 19 replies
    National Journal ^ | December 1, 2014 | Charlie Cook
    Much has been said about the long-term demographic challenges facing the Republican Party. Given how dismally Republicans fare with African-American votersóMitt Romney and congressional Republicans garnered only 6 percent and 8 percent, respectively, in 2012, and this year congressional Republicans got 10 percentóit matters how the GOP does with other minority voters. In 2012, Romney picked up 27 percent and congressional Republicans received 30 percent of the Latino vote. This year, House Republicans got 36 percent. This doesn't matter that much in the House, because of natural residential patterns and, to a lesser extent, gerrymandering. But it is a big...
  • Gibbon, the Muses, and the Decline of Rome: The great historian still has much to teach us

    10/15/2014 7:55:15 AM PDT · by SeekAndFind · 5 replies
    National Review ^ | 10/15/2014 | Michael Auslin
    Rome ó I am sitting on the steps of the Capitoline Hill, as close as I can approximate the spot where, exactly 250 years ago today, on October 15, 1764, the 27-year old Edward Gibbon was struck by the muses, leading to perhaps the greatest work of historical scholarship in the English language. Though the anecdote in his biography recalling the moment has been called into question, it is both sufficiently famous and sufficiently inspiring to anyone with a historical bent to warrant retelling. Gibbonís recollects the moment: It was at Rome, on the fifteenth of October, 1764, as...
  • GM reports 1.2 percent August sales decline

    09/06/2014 10:56:41 AM PDT · by Olog-hai · 12 replies
    Associated Press ^ | Sep. 3, 2014 9:47 AM EDT
    General Motors says its U.S. sales fell 1.2 percent last month as rising truck and SUV sales couldnít offset falling car sales. Three of GMís four brands reported declines for the month. GMC, which sells only trucks and SUVs, reported a 10 percent increase. Ö
  • L.A.ís Mouthy Mayor: He exemplifies Americaís cultural decline.

    06/24/2014 6:02:11 AM PDT · by SeekAndFind · 18 replies
    National Review ^ | 06/24/2014 | Dennis Prager
    Last week, during the official celebration of the Los Angeles Kings¬í Stanley Cup victory, the mayor of Los Angeles, Eric Garcetti, told a jammed Staples Center that ¬ďthere are two long-standing rules for politicians¬Ē: ¬ďThey say never, ever be pictured with a drink in your hand, and never swear. But this is a big f***ing day,¬Ē he said, holding up a bottle of Bud Light. You read that right. In front of 18,000 people at Staples and hundreds of thousands of others watching on television ¬ó many of them, of course, children ¬ó the mayor of the second-largest city...
  • How Long Before the Founding Fathersí America Disappears?

    06/11/2014 9:23:11 AM PDT · by rktman · 61 replies ^ | 6/11/2014 | Dr. Ileana Johnson Paugh
    One of my readers sadly remarked that this is no longer America that she grew up in. And the change that occurred at a dizzying pace happened relatively overnight. It was not a gradual transformation born by normal change over time; it was a fundamental forced transformation from a constitutional republic to a rule by a corporatist and international banking oligarchy that pulls the strings of the former branches of government, executive, legislative, and judicial. A soft coup has occurred that had been planned for years, unbeknownst to most Americans who are still busy thinking that, if they just elect...
  • The slow decline of America since LBJ launched the Great Society

    05/17/2014 6:43:32 PM PDT · by SeekAndFind · 65 replies
    Washington Post ^ | 05/17/2014 | George Will
    Standing on his presidential limousine, Lyndon Johnson, campaigning in Providence, R.I., in September 1964, bellowed through a bullhorn: ďWeíre in favor of a lot of things and weíre against mighty few.Ē This was a synopsis of what he had said four months earlier. Fifty years ago this Thursday, at the University of Michigan, Johnson had proposed legislating into existence a Great Society. It would end poverty and racial injustice, ďbut that is just the beginning.Ē It would ďrebuild the entire urban United StatesĒ while fending off ďboredom and restlessness,Ē slaking ďthe hunger for communityĒ and enhancing ďthe meaning of our...
  • Why States Prosper (or Decline): Low taxes, opportunity, and warm weather attract migrants.

    05/10/2014 9:58:03 AM PDT · by SeekAndFind · 8 replies
    National Review ^ | 05/09/2014 | Stephen Moore & Arthur B. Laffer
    Finally, after being headquartered in Torrance, Calif., for half a century, Toyota has had enough of California’s anti-business, anti-growth policies and is packing its bags and moving to Plano, Texas, where the contrast couldn’t be greater. And Toyota is not alone in fleeing California. You can tell a lot about the hot spots in America by tracking where Americans are moving to and where they are running from. Every year, about 3 million Americans move from one state to another; the combined adjusted gross incomes (AGI) of these movers and shakers is over $140 billion. Last week, the IRS...
  • America in Decline Under President Barack Obama

    05/09/2014 8:01:18 AM PDT · by Kaslin · 30 replies ^ | May 9, 2014 | Donald Lambro
    WASHINGTON - America remains adrift under Barack Obama's presidency, without any sustained or effective focus on the sea of troubles that afflict our nation. Obama goes through the ceremonial motions of being president, while ignoring the consequences or making excuses about the most serious, long term challenges we face here at home. Instead, he is devoting more and more of his time delivering political speeches attacking his adversaries and raising money for besieged Democrats who face severe election losses in the fall. Meantime, the U.S. economy all but stopped growing in the first three months of this year; the nation's...
  • Rethinking Americaís Decline: China tries to surpass us, but it remains in our power to stay on top

    05/07/2014 7:35:46 AM PDT · by SeekAndFind · 10 replies
    National Review ^ | 05/07/2014 | Dr. Ben Carson
    We recently learned that China is poised to replace the United States as the No. 1 economic power in the world sometime later this year. Our anemic quarterly growth rate of 0.1 percent certainly lends credibility to this speculation. We must seriously question those who say our nation is not in decline. They are adopting the ostrich strategy, sticking their heads in the sand. There is no question that America is the pinnacle nation of the world and is likely to remain in that position for years, given our military strength and the depth and stability of our financial infrastructure....
  • Americaís Fastest Shrinking Cities

    04/15/2014 12:53:40 PM PDT · by SeekAndFind · 23 replies
    Wall Street 24X7 ^ | 04/15/2014 | by Vince Calio
    The U.S. population rose by just 0.72% in 2013, the lowest growth rate in more than 70 years. Not only has the country become less-attractive to immigrants than in years past, with net immigration down from nearly 1.2 million as of 2001 to 843,145 last year, but also the U.S.’s domestic birth rate has dropped to a multi-decade low. While the population of most of the country’s metro areas grew at a low pace in recent years, in a small number of metro areas the population actually shrank. Looking at the most recent years, the U.S. population rose by just...
  • The structural flaws ruining America

    03/18/2014 7:15:09 AM PDT · by SeekAndFind · 18 replies
    Hotair ^ | 03/18/2014 | Jazz Shaw
    When I hear the phrase ‚Äústructural problems‚ÄĚ coming out of the mouths of elected officials, candidates or political pundits, I immediately assume that I‚Äôm about to get another lecture on America‚Äôs crumbling infrastructure. (And make no mistake, there are more than a few bridges and roadways that need some work. Pennsylvanians don‚Äôt say that their state bird is the traffic cone for nothing.) But this weekend, our colleague John Hawkins has knocked together one of his big five lists on a similar sounding topic with, The 5 Structural Problems That Are Destroying America.We‚Äôre not talking about interstates in need of...
  • Irish economy in surprise decline, threatens debt-cutting plan

    03/18/2014 6:45:43 AM PDT · by Olog-hai · 4 replies
    EU Observer ^ | 14.03.14 @ 09:29 | Benjamin Fox
    Irelandís economy suffered a shock decline in the final months of 2013, posting negative growth for the year and casting a pall over the countryís full return to the financial markets. Data from the countryís Central Statistics Office (CSO) on Thursday (13 March) indicated that its gross domestic product (GDP) contracted by 2.3 percent in the fourth quarter, turning a year that had been expected to yield modest growth into a 0.3 percent recession for the year as a whole. [Ö] Analysts attributed the decline to the so-called pharmaceutical patent cliff, with a sharp drop-off in revenue from pharmaceutical sales...
  • Krauthammerís Take: Obama Tells the World We Arenít Going to Do Anything About Invasion of Ukraine

    03/01/2014 2:52:30 AM PST · by Candor7 · 104 replies
    National Review Online ^ | February 28, 2014 7:08 PM | NRO staff
    As reports are coming in that Russia has placed 2,000 troops in Crimea, within the borders of Ukraine, President Obama said that ďthe United States will stand with the international community in affirming that there will be costs for any military intervention in Ukraine.Ē Charles Krauthammer responded on Special Report tonight saying, ďThe Ukrainians, and I think everybody, is shocked by the weakness of Obamaís statement. I find it rather staggering.Ē Krauthammer thinks Obamaís statement is about ďthree levels removedĒ from actual action. He explained: Obama said ďwe will stand with the international community ó meaning we are going to...
  • The Great Decline: 60 years of religion in one graph

    02/17/2014 5:37:11 AM PST · by daniel1212 · 57 replies
    Religion News ^ | Jan 27, 2014 | Tobin Grant
    Show captionReligiosity index shows the changes in religious activity in the United States. Religion News Service This image is available for Web publication. For questions, contact Sally Morrow. Religiosity in the United States is in the midst of what might be called ĎThe Great Decline.í Previous declines in religion pale in comparison. Over the past fifteen years, the drop in religiosity has been twice as great as the decline of the 1960s and 1970s.How do we track this massive change in American religion? We start with information from rigorous, scientific surveys on worship service attendance, membership in congregations, prayer,...
  • Wall Street adviser: Actual unemployment is 37.2%, 'misery index' worst in 40 years

    01/22/2014 5:43:19 AM PST · by Kackikat · 6 replies
    Washington Examiner ^ | 01/21/2014 | Paul Bedard
    "the actual unemployment rate is 37.2% and the misery index is the worst in 40 years, since the Ford Administration."
  • Americaís Wilderness Years

    11/12/2013 5:37:56 PM PST · by rktman · 20 replies
    PJMedia ^ | 11/12/2013 | Victor Davis Hanson
    Most two-term presidents leave some sort of legacy. Ronald Reagan won the Cold War. George W. Bush prevented another 9/11, and constructed an anti-terrorism protocol that even his critical successor embraced and often expanded. Even our one-term presidents have achieved something. JFK got Soviet missiles out of Cuba. LBJ oversaw passage of civil rights legislation. Jerry Ford restored integrity to the White House. Jimmy Carter finally issued the Carter Doctrine to stop Soviet expansionism at the Persian Gulf. George H.W. Bush won the first Persian Gulf War and got Saddam Hussein out of Kuwait. And even our impeached or abdicated...
  • The Decline and Fall of the American Empire

    08/30/2013 11:25:40 AM PDT · by Nachum · 38 replies
    Rabbi Pruzansky ^ | 11/7/2012 | Rabbi Pruzansky
    The most charitable way of explaining the election results of 2012 is that Americans voted for the status quo Ė for the incumbent President and for a divided Congress. They must enjoy gridlock, partisanship, incompetence, economic stagnation and avoidance of responsibility. And fewer people voted. As I write, with almost all the votes counted, President Obama has won fewer votes than John McCain won in 2008, and more than ten million off his own 2008 total. (Note: this was written the day after the election. The final results indicate that Romney exceeded McCainís total by less than one million votes,...
  • This Guy Understands...

    08/12/2013 9:49:46 AM PDT · by pastorbillrandles · 2 replies
    ‚Üź Why This Generation Doesn¬ít ¬ďGet¬Ē Hell¬Ö This Guy Understands¬Ö Take a few minutes and listen to this stirring speech by Rafael Cruz, the Father of Senator Ted Cruz. He speaks for the rapidly marginalized true America, which is unapologetically Christian. Whatever happens is up to God. I don¬ít see a political solution to our spiritual problem, but Truth is refreshing to hear, especially when passionately presented, Enjoy, and pray! Pastor Rafael Speaks
  • Whatís Behind MSNBCís Ratings Decline?

    07/11/2013 6:14:21 AM PDT · by Paul46360 · 37 replies
    Just change it to PMS-NBC and the it is understandable..
  • 20 Signs America is in Decline

    06/29/2013 5:31:55 AM PDT · by Kaslin · 40 replies ^ | June 29, 2013 | John Hawkins
    Freedom is never more than one generation away from extinction. We didnít pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same, or one day we will spend our sunset years telling our children and our childrenís children what it was once like in the United States where men were free. -- Ronald Reagan Those who attack American culture and tradition should recall that historically, freedom and prosperity are the aberrations, not servitude and poverty. Our nation's success is not a happy accident or part of...
  • The Decline of the Obama Presidency

    06/03/2013 9:07:08 AM PDT · by SeekAndFind · 33 replies
    Wall Street Journal ^ | 06/03/2013 | Fred Barnes
    John Dos Passos, the novelist and historian, once said: "Often things you think are just beginning are coming to an end." His observation was made in the 1960s. But it's true today of Barack Obama's presidency and the promise of a bright future for his second term. Mr. Obama's re-election stirred grand expectations. The vote heralded a new liberal era, or so it was claimed. His victory was said to reflect ideological, cultural and demographic trends that could keep Democrats in the majority for years to come. His second four years in the White House would be just the beginning....
  • America The Fallen: 24 Signs That Our Once Proud Cities Are Turning Into Poverty-Stricken Hellholes

    04/24/2013 9:38:43 PM PDT · by genghis · 35 replies ^ | 4/22/2013 | Tyler Durdan
    What is happening to you America? Once upon a time, the United States was a place where free enterprise thrived and the greatest cities that the world had ever seen sprouted up from coast to coast. Good jobs were plentiful and a manufacturing boom helped fuel the rise of the largest and most vibrant middle class in the history of the planet. Cities such as Detroit, Chicago, Milwaukee, Cleveland, Philadelphia and Baltimore were all teeming with economic activity and the rest of the globe looked on our economic miracle with a mixture of wonder and envy. But now look at...
  • Why the United States is a Dying Country (Rush Limbaugh is now a pessimist. Here's why he's right)

    04/10/2013 6:52:39 AM PDT · by SeekAndFind · 140 replies
    American Thinker ^ | 04/10/2013 | Steve McCann
    Recently Rush Limbaugh opined that the United States is a dying country. For many years that reality has been painfully obvious to those of us who immigrated to the United States having experienced first-hand the suffering inherent in the near total destruction of a nation which inevitably occurs as the end-product of immorality, despotism and radical ideology. This nation is repeating the disastrous evolutionary process that has plagued so many failed nations throughout mankind's history. This process begins with a society willing to reject the fundamental concept that is necessary for any nation to thrive and prosper: respect for the...
  • U.S. jobless claims climb to four-month high

    04/04/2013 5:47:58 AM PDT · by Accessible Pudding · 22 replies
    Market Pulse ^ | 04-04-2013 | Jeffry Bartash
    The number of people who applied for new unemployment benefits jumped 28,000 to a four-month high of 385,000 in the week ended March 30, the Labor Department said Thursday.
  • Karl Rove and Republican Decline

    03/21/2013 5:22:37 AM PDT · by Servant of the Cross · 76 replies
    American Thinker ^ | 3/21/2013 | Steve McCann
    Not since 1984 and the landslide victory of Ronald Reagan have the Republicans had a more winnable election than the 2012 presidential election. Yet the Republican Establishment managed to lose to the worst and most vulnerable President in modern history, with historically poor approval ratings, unemployment averaging over 8.7% during his entire first term, a stagnant economy and someone who ran the smallest and most absurd of all possible re-election campaigns. Why and how did this happen? In his new book WTF? How Karl Rove and the Establishment Lost...Again, C. Edmund Wright, a frequent contributor to the American Thinker website...
  • 5 Controversial Ways to Enjoy the Decline

    03/15/2013 11:33:11 AM PDT · by virgil283 · 24 replies ^ | by Kathy Shaidle
    "Is America in decline? Iíve been hearing the United States compared to the Roman Empire since around the 1970s, and Iím sure those apocalyptic sentiments were being expressed long before I was born. However, itís difficult to read and watch all the depressing stuff posted here on PJ Media and elsewhere and not conclude that, this time, itís on. Americaís going Gibbon. Some books propose possible ways to avert this catastrophe. Aaron Clareyís Enjoy the Decline isnít one of them. As his subtitle suggests, this book is about ďaccepting and living with the death of the United States. #1 ó...
  • Detroit's Decline

    03/14/2013 6:05:34 AM PDT · by Kaslin · 27 replies ^ | March 14, 2013 | Cal Thomas
    Since the Motown sound went silent -- except on oldies stations -- and General Motors and Chrysler (but not Ford) required life support from Washington, there has been little to recommend Detroit, Mich., to visitors, much less its residents. The recent conviction of Kwame Kilpatrick, the former mayor of Detroit, on multiple charges, including racketeering, fraud and extortion, adds another insult to the city's injury, increasing its misery. During the mid-20th century, Detroit was a vibrant city with a population of almost 2 million. Today, it stands near ruin. The number of residents has now been estimated at just over...
  • The Decline of America [VDH]

    02/14/2013 6:01:19 AM PST · by Servant of the Cross · 23 replies
    National Review ^ | 2/14/2013 | Victor Davis Hanson
    History shows that the destruction of affluent societies is often self-induced. Why do once-successful societies ossify and decline? Hundreds of reasons have been adduced for the fall of Rome and the end of the Old Regime in 18th-century France. Reasons run from inflation and excessive spending to resource depletion and enemy invasion, when historians attempt to understand the sudden collapse of the Mycenaeans, the Aztecs, and, apparently, the modern Greeks. In literature from Catullus to Edward Gibbon, wealth and leisure ó and who gets the most of both ó more often than poverty and exhaustion, cause civilization to implode. One...
  • "Is America In Decline?" May Be The Wrong Question

    01/28/2013 8:07:28 AM PST · by SeekAndFind · 15 replies
    RCM ^ | 01/28/2013 | Robert Samuelson
    The American Century is dead. Long live the next American Century. The subtext of political debate these days is that the United States is in decline - a proposition often portrayed as self-evident. The economy lacks dynamism; unemployment near 8 percent remains at recession levels. The president and his Republican critics barely talk to each other; stalemate seems unending. But what if America isn't in decline? A powerful rebuttal comes from an unlikely place: Wall Street. In a report to clients, analysts at Goldman Sachs argue that the United States still has the world's strongest economy - and will have...
  • The Obama Military Ė Evolution and Legacy

    01/14/2013 12:07:50 PM PST · by arthurus · 3 replies
    Right Side News ^ | 13 January 2013 | Paul E. Vallely MG, US Army (ret)
    President Obama is working very hard to destroy US military superiority, consciously and unconsciously to the advantage our global enemies. In an attempt to seize control over national security and another overt attempt to bypass Congress, the Obama administration may have already made this play as of this writing. That play is that the United States and Russia both reduce nuclear weapons without a treaty, as a treaty would require ratification by the Senate. This would allow Obama and the Executive Branch to unilaterally cut our military capability and nuclear weaponry and ignore the treaty clause of the Constitution. It...
  • The Decline Of The West

    12/29/2012 11:47:35 AM PST · by SeekAndFind · 13 replies
    Sovereign Man ^ | 12/29/2012 | Simon Black
    Two interesting infographics were published recently that make it so easy to see the decline of the West, even a caveman can do it.The first is from the Brookings Institute, which has released an interactive map showing economic growth data for the largest 300 metropolitan areas in the world‚Äď from New York and London to Okayama, Japan and Wulumuqi, China.The Brookings map ranks each of these cities based on economic performance over three distinct periods, measuring both GDP growth and employment trends.The first time period is the last full year of data, 2011-2012. The second time period is that particular...
  • Opinion: The Rise and Decline of Mass Shootings

    12/16/2012 10:02:53 AM PST · by marktwain · 10 replies ^ | 1 March, 2010 | Grant Duwe
    (March 1) -- When it comes to mass public shootings, the decade doesn't seem to be starting out too well. Just two months in and already there was a shooting rampage in rural Virginia (which claimed eight lives), one at the University of Alabama (three dead) and other in Denver, near Columbine High School, in which two middle school students were injured. But the fact is that, while mass public shootings always tend to galvanize massive media coverage, they are becoming increasingly less common, falling sharply in the last decade compared with the previous two. And understanding this decline is...
  • 26 States Decline ObamaCare Exchange; 'Administrative Nightmare' Seen

    12/14/2012 3:30:36 PM PST · by sheikdetailfeather · 54 replies
    Investor's Business Daily ^ | 12/14/2012 | David Hogberg
    The federal government will likely be involved in running the ObamaCare exchange in at least 30 states, 26 of which expressly declined to establish state exchanges. One health-policy expert refers to it as an "administrative nightmare" for the Department of Health and Human Services. Friday was the deadline for a state to let HHS know if it planned to establish a state exchange. Thus far only 18 states and the District of Columbia are planning on doing so. As of right now only Utah and Florida remain undecided. Utah may still decide to set up a state exchange, but few...
  • The Deepest Source of Our Troubles

    12/03/2012 5:34:08 PM PST · by grey_whiskers · 57 replies ^ | Dec 2, 2012 | Paul Rahe
    On Saturday, I touched on some of the sources of Mitt Romney's failure on 6 November, noting his almost willful alienation of Hispanic voters and his incompetence in executing a get-out-the-vote effort, but emphasizing, above all else, his decision -- most evident in his contentless acceptance speech at the Republican convention -- to eschew an appeal to first principles, to treat Barack Obama as a decent fellow with decent principles who is merely out of his depth, and to present himself to the voters as a more competent manager. Of necessity, in that post, I ignored aspects of the situation...
  • Los Angeles Following in the Footsteps of Detroit. The slow, steady decline of a once great city.

    11/21/2012 10:19:04 AM PST · by SeekAndFind · 48 replies
    Pajamas Media ^ | 11/21/2012 | Jack Dunphy
    If a man sits on the bank of some great river and looks across to the other side, so tranquil does the current appear that it might seem to him as though the water isnít really moving at all. Only when he looks closely will he see that the river is running steadily, ever so steadily, to the sea. And so it is with the course on which the city of Los Angeles finds itself. Visitors to the city will still find it to be a vibrant and interesting place to spend a week or two, with its pleasant climate...
  • The Stock Market Decline: It's Not All About The Fiscal Cliff

    11/17/2012 10:59:31 AM PST · by SeekAndFind · 2 replies
    While the fiscal cliff problem has absorbed almost all of the financial media comment since the election, there's a lot more to the stock market decline that has virtually gotten lost in the discussion. The market actually topped on September 14th and has trended down ever since. Most importantly, the U.S. economy was a lot weaker than the consensus believes before Hurricane Sandy became a factor. In addition Fed policy is becoming increasingly ineffectual, earnings forecasts are coming down, Europe is officially in recession and China, as well as the other BRIC nations, is slowing down. Although nobody knows the...
  • America Isn't The Greatest Country Anymore (Here are the numbers)

    11/12/2012 7:17:24 PM PST · by SeekAndFind · 11 replies
    Zero Hedge ^ | 11/12/2012 | Tyler Durden
    Via Lance Roberts of Street Talk Live,This weekend I had my first opportunity to watch "Newsroom," an HBO series, and I was struck by the opening sequence of the show as Jeff Daniels, aka Will McAvoy, discusses why America WAS the greatest country in the world - but no longer is. † Here are the stats as he breaks them down:The U.S. is: 7th in literacy27th in math†22nd in science49th in life expectancy178th in infant mortality3rd in median household income4th in labor force4th in exports But here are some other stats where the U.S. ranks as well: 19th is...
  • The GOPís horrible California nightmare

    11/07/2012 1:30:44 PM PST · by Freedom_Is_Not_Free · 49 replies ^ | Wednesday, Nov 7, 2012 | By Andrew Leonard
    Republicans are having a bad day. But itís going to get a lot worse when they look beyond the White House and U.S. Senate and fully absorb what just happened in California. The future of American politics ó a majority-minority coalition handing complete political power over all branches of government to Democrats ó is written here for anyone to see, in big, bold, rainbow colored letters. California, reports the San Francisco Chronicle, may have delivered the most unexpected news in a night full of surprises: California Democrats appear to have picked up a supermajority in both houses of the state...
  • Study: Young Americans Dumping Religion at Rapid Rate

    10/09/2012 3:25:25 PM PDT · by Paladins Prayer · 54 replies
    The New American ^ | 09 October 2012 | Selwyn Duke
    According to a recent study, religion is dying in America. And itís a trend that has grave implications for our politics, culture, and the fate of our civilization. Ben Fearnow of CBS News reports on the story, writing: ...The study also posits some theories for this burgeoning irreligiosity, which, writes Fearnow, ďrun the gamut from a backlash against the entanglement of religion and politics to a global relationship between economic development and secularization.Ē Now, I donít know if that ďgamutĒ includes the obvious, but these two theories miss the mark. Question: Do we wonder why Pakistan is spawning jihadists when...
  • Americansí Incomes Have Fallen $3,040 During the Obama ĎRecoveryí

    09/27/2012 9:32:33 AM PDT · by george76 · 9 replies
    The Weekly Standard ^ | Sep 27, 2012 | JEFFREY H. ANDERSON
    Americans must be wondering how much more of this ďrecoveryĒ they can afford. New figures from the Census Bureauís Current Population Survey, compiled by Sentier Research, show that the typical American householdís real (inflation-adjusted) income has actually dropped 5.7 percent during the Obama ďrecovery.Ē Using constant 2012 dollars (to adjust for inflation), the median annual income of American households was $53,718 as of June 2009, the last month of the recession. Now, after 38 months of this ďrecovery,Ē it has fallen to $50,678 ó a drop of $3,040 per household. Yet it gets worse. Amazingly, incomes have dropped even more...
  • The Obama Debacle Continues, As Incomes Fall

    09/12/2012 9:07:08 PM PDT · by TurboZamboni
    powerline ^ | 9-12-12 | john hinderaker
    The median income of American households dropped to its lowest level since 1995 last year, extending its decline during President Barack Obamaís tenure and highlighting the depth of the damage to the middle class inflicted by the recession and weak recovery. According to annual data from the Census Bureau, median income adjusted for inflation Ė a closely watched measure of the financial health of average Americans Ė fell to $50,054 in 2011, or 1.5 per cent below its 2010 level and 4.1 per cent below its score when Mr Obama took office in 2009.
  • Decline of Middle Class Not Obama's Fault

    09/09/2012 1:15:24 PM PDT · by Son House · 26 replies
    CNN ^ | September 5, 2012 | LZ Granderson
    This is why Pew found that "85% of self-described middle-class adults say it is more difficult now than it was a decade ago for middle-class people to maintain their standard of living." We're working just as hard as in years past, but we're behind the 8-ball because for most of the country, wages are not even set to meet the cost of living. Indeed, some of us are closer to being poor than middle class and don't know it. The 2011 middle class median income started at $39,418 for a family of three. Yet Pew found some families making less...
  • 84 Statistics That Prove That The Decline Of The Middle Class Is Real And That It Is Getting Worse

    09/04/2012 8:42:06 AM PDT · by SeekAndFind · 8 replies
    The Economic Collapse Blog ^ | 08/23/2012 | Michael Snyder
    The middle class in America is being systematically destroyed. Once upon a time the United States had the largest and most vibrant middle class in the history of the world. The rest of the globe looked at us in envy and wondered what we were doing right. But now everything seems to be going wrong for the middle class. Millions of our jobs have been shipped out of the country and competition for the remaining jobs is keeping wages at depressed levels. Meanwhile, the cost of living just keeps going up and up and middle class budgets are being stretched...
  • Penniless in Paradise

    07/30/2012 9:43:15 AM PDT · by SeekAndFind · 9 replies
    National Review ^ | 07/30/2012 | Kevin D. Williamson
    San Bernardino, California Ė On the front door of the San Bernardino city hall is a sign that reads: ďOut of Order.Ē Broke city, broken door: Thereís a certain pleasing symmetry in the fact that the San Bernardino city council meets behind a door that, like the city government itself, does not work and is in need of replacement. On this particular evening in late July, the council has met to make public what everybody already knows: Intellectually bankrupt, morally bankrupt ó the city is under criminal investigation for sundry financial shenanigans ó San Bernardino is above all old-fashioned bankrupt...
  • President Obama's Perfect Plan For The Economic Decline Of America

    06/22/2012 5:07:03 AM PDT · by SeekAndFind · 7 replies
    Forbes ^ | 06/22/2012 | Peter Ferrara, Contributor
    Last week on June 14, President Obama announced his economic plan to finally bring economic recovery and growth to the U.S. in a much ballyhooed address in Cleveland. He threw down the gauntlet to Mitt Romney on the issue, saying ďmore than anything else, this election presents a choice between two fundamentally different visions of how to create strong sustained growth; how to pay down our long term debt; and most of all, how to generate good, middle-class jobsÖ.Ē Truer words have never been spoken by the President. So letís examine the two fundamentally different visions and see which can...
  • RICHARD RUSSELL: This Is Going To Be A Nasty Decline, And I'm Afraid It Has A Long Way To Go

    06/05/2012 6:34:07 AM PDT · by blam · 19 replies
    TBI ^ | 6-5-2012 | Matthew Boesler
    RICHARD RUSSELL: This Is Going To Be A Nasty Decline, And I'm Afraid It Has A Long Way To Go Matthew Boesler Jun. 5, 2012, 8:17 AM Richard Russell, the bearish author of the Dow Theory Letters, recently warned that a major primary bear market signal had been confirmed and that stocks were headed lower as a result. In his latest Dow Theory Letter, he warns that equities could have quite a distance to fall from here. Via King World News, Richard Russell: ďHow far will the bear market carry? No one knows. Already all of 2012's gains have been...
  • "The Dictator" (Sasha Cohen) Congratulates Francois Hollandaise On His Victory

    05/06/2012 1:15:08 PM PDT · by tcrlaf · 7 replies
    Zerohedge ^ | 5-6-12 | Tyler Durden
    When the situation gets so ridiculous not even TheOnion is fit to describe it, in walks Sasha Baron Cohen and puts everything back into perspective.
  • California by the numbers (By most measures, this is a state in decline)

    04/30/2012 1:30:29 PM PDT · by SeekAndFind · 7 replies
    Hotair ^ | 04/30/2012 | J.E. Dyer
    The weekend produced a spate of dang-this-is-bad articles on the economic situation in California. Steven Greenhut¬ís for the Orange County Register is entitled ¬ďCalifornia to middle class: drop dead.¬Ē At The Daily Beast, Joel Kotkin laments that ¬ďAs California Collapses, Obama Follows its Lead.¬Ē (H/t ¬Ė and a ¬ďRead it, people!¬Ē shout-out ¬Ė to Ed Driscoll at PJM.)But what does all this look like in terms of numbers? What¬ís the how much and where and whom of the Golden State collapse? Perhaps the most interesting and telling thing is that it really is as bad as it looks. And the...