Uncategorized
Bernanke Economy, Close to Faltering
by Don Azarias
December 1, 2011
It registered as a seismic shock in the financial markets when the Federal Reserve chairman, Ben Bernanke, recently said that the economy is “close to faltering.” However, he assured the American public that the Federal Reserve is prepared to take further steps to prevent the struggling economy from collapsing. Continue reading
Super Committee or Super Camote?
by Don Azarias
December 1, 2011
Like what I had been concerned about when Congress was contemplating the creation of a bipartisan “super committee” during the debt and deficit deal. Continue reading
Blatant White House Cronyism On The $535 Million Solyndra Loan
by Don Azarias
November 1, 2011
It looks like the fallout from the $535 million Solyndra loan debacle is not going away anytime soon. As various federal government agencies dig deeper into their investigation, more and more disturbing allegations are being brought to light that could prove to be a liability to President Barack Obama’s 2012 reelection campaign. Continue reading
Another Solyndra-like Debacle in the Making?
by Don Azarias
November 1, 2011
“Spend and waste the taxpayers’ money. Never mind that we are trillions of dollars in debt.” That seems to be the rallying cry of President Barack Obama and the Democrats who are hell-bent on making their payback to their political sponsors instead of protecting the American taxpayers. Continue reading
IN THE PURSUIT OF HAPPINESS Fil-Am Issues and Answers Part One
“Nobody really cares if you’re miserable, so you might as well be happy.” -Cynthia Nelms- UNALIEANABLE RIGHTS There’s a clause in the U.S. Constitution that says one of the fundamental human rights is ‘Life, Liberty, and the pursuit of Happiness.’ … Continue reading
Effects of US Credit Downgrade
by Don Azarias
October 16, 2011
Though it had enjoyed a triple-A credit rating since 1917, the recent downgrade by Standard & Poor’s credit rating agency on the United States debt rating wasn’t entirely unexpected. But before we go any further. Continue reading
A Case of Obama’s Political Quid Pro Quo?
by Don Azarias
October 1, 2011
There’s a big story brewing regarding President Barack Obama’s role in doling out $535 million loan to a company called Solyndra which has just closed its doors, leaving American taxpayers holding the bag. But this time, Obama was caught with his hand in the cookie jar. Continue reading
Is Gov. Perry Right In Calling Social Security A Ponzi Scheme?
by Don Azarias
September 16, 2011
In his 2010 book, “Fed Up!”, GOP presidential candidate and Texas governor, Rick Perry, called the Social Security a “Ponzi scheme.” Ignoring the warnings from his advisers and fellow Republicans not to say it, Gov. Rick Perry, not lacking in courage, didn’t back away from it and stood by his remarks. Continue reading
Raising the debt ceiling
by Don Azarias
September 3, 2011
Finally, a debt-limit deal has been reached by President Barack Obama and the top leaders of Congress from both parties. The 11th-hour legislation was signed into law by Obama on August 2, 2011. Continue reading
Negative Home Equity, Big Banks and Washington
by Don Azarias
August 20, 2011
In a compelling report by the Federal Reserve, it shows that falling real estate prices are diminishing home equity. The average homeowner now has 38 percent equity, down from 61 percent a decade ago. Before the credit crunch, the number of people in negative equity was “negligible”. Continue reading