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Republicans Will Make Solyndra Mess A Campaign Issue
by Don Azarias
May 16, 2012
“The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the US Government cannot pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our government’s reckless fiscal policies. Increasing America’s debt weakens us domestically and internationally Continue reading
Another Solyndra-like Failure Involving Obama And His Top Donors
by Don Azarias
May 1, 2012
It looks like there is another Solyndra-like corporate crash and scandal brewing courtesy of President Barack Obama. This time it involves Amonix, Inc. that, despite a federal green-technology tax credit of $5.9 million in 2010, has announced a layoff of 200 workers. That number comprised two-thirds of its workforce. Continue reading
No Justification For $4 Gas, Says Former Senator Byron Dorgan
by Don Azarias
April 16, 2012
It looks like I hit the nail on the head when I wrote a It looks like most people——current and former political and business leaders, government officials, economists, analysts, consumers, taxpayers and others——are now united in their belief that the high prices of gas is caused by rampant speculation in the oil markets. Continue reading
Congress Blames Speculation For High Gas Prices
by Don Azarias
April 1, 2012
It looks like I hit the nail on the head when I wrote about the high prices of gas being caused by rampant speculation in the oil market by those greedy oil speculators. The news report obtained by ABC News seems to buttress the validity of my claim. Continue reading
Speculations In Oil Markets
by Don Azarias
March 16, 2012
In a recent meeting with news reporters, Senate Majority Leader Harry Reid (D-Nevada) said he hoped the Federal Trade Commission (FTC) would look into rising domestic gasoline prices, noting “rampant speculation” in oil markets. Continue reading
Spike in Gas Prices that Defies the Law of Supply and Demand
by Don Azarias
March 1, 2012
Why are gas prices still high despite huge supplies and declining demand? A question, like this, where the prices of gas are tied to the law of supply and demand, is quite difficult to answer because it really defies logic. Associated Press (AP)reports that retail gas prices are at their highest levels ever for this time of year despite ample supplies and declining demand. Continue reading
Social Security’s Disability Program, OnThe Verge of Insolvency
by Don Azarias
February 16, 2012
According to a recent report by the Associated Press (AP), laid-off workers and aging baby boomers are filing unprecedented number of claims through the Social Security’s disability program. As a result, the financially challenged system is moving closer and closer to the brink of insolvency. Continue reading
As U.S. Drowns in Debt, Obama Sends Money to Foreign Countries
by Don Azarias
February 1, 2012
According to Reuters News, one day after President Barack Obama asked Congress for yet another increase in the debt limit so the federal government can continue to borrow money to stay solvent, he turned around to give Bangladesh billions of dollars in foreign aid. Continue reading
Proposed CPI Formula Would Reduce Social Security Increases
by Don Azarias
January 16, 2012
Come 2012, 55 million Social Security recipients will get their first benefit increase in three years. However, Congress is looking at reducing future raises by adopting a new measure of inflation that also would increase taxes for most families. And, to add insult to injury, the biggest impact will fall on those with low incomes. Continue reading
Proposed CPI Formula Would Reduce Social Security Increases
by Don Azarias
January 1, 2012
Come 2012, 55 million Social Security recipients will get their first benefit increase in three years. However, Congress is looking at reducing future raises by adopting a new measure of inflation that also would increase taxes for most families. And, to add insult to injury, the biggest impact will fall on those with low incomes. Continue reading