Have nothing to do with the [evil] things that people do, things that belong to the darkness. Instead, bring them out to the light... [For] when all things are brought out into the light, then their true nature is clearly revealed...

-Ephesians 5:11-13

Tag Archives: Jobs

More Proof, if it were Needed, that Liberalism Excels at Only One Thing: Destruction

This article first appeared at The McAlvany Intelligence Advisor on Wednesday, January 22nd, 2014:

The chasm between dream and reality, between hope and substance, between promises made and the mathematics behind them, were never more starkly on display than back in 2007 when taxpayers in Highland Park – a three-square mile city located inside Detroit – approved a measure offered by the city council to borrow $27 million from local banks in order to make the city’s pension plan payments. Talk about robbing Peter to pay Paul, or, more accurately, making one credit card payment by using another credit card! So there’s plenty of guilt to go around as the city now

Keep Reading…

Highland Park, Michigan, is Teetering on the Brink of Bankruptcy

The final straw for Highland Park, Michigan, may have arrived in the form of a letter from Fifth Third Bank last month announcing it is ending its monthly checks that have provided life support for the city inside of Detroit for the last three years. One of three banks sending checks to the city, Fifth Third said in its letter dated December 12 that it is

Keep Reading…

Gun Accessories Maker Keeps its Promise to leave Colorado

Just when some of its customers were beginning to question the company’s sincerity about moving out of Colorado in response to anti-gun legislation passed last summer, Magpul Industries announced it has finalized its moves to

Keep Reading…

1.3 million Lose Federal Unemployment Benefits, Another 2 million to Follow

Because the budget deal signed into law last week didn’t extend federal unemployment benefits, some 1.3 million people won’t be getting their $1,166 monthly checks, starting in January. By June another 1.9 million will be cut off.

Keynesians are sputtering nonsense about the need to extend benefits. President Obama called it an

Keep Reading…

Monumental Hubris in Claim of Taxpayer Victory in GM Bailout

 

This article first appeared at The McAlvany Intelligence Advisor on Wednesday, December 11th, 2013:

In Treasury Secretary Jacob Lew’s fawning, obsequious, genuflecting announcement that the president had singlehandedly saved western civilization from a cataclysmic economic disaster, he said that by taking a loss, taxpayers actually scored a victory:

Keep Reading…

US Treasury sells the rest of its GM shares at a loss, claims taxpayer victory

Treasury Secretary Jacob Lew announced on Monday afternoon that his department had sold the remaining shares of GM that it acquired following the forced bankruptcy of the auto giant in 2009, and made the $10.5 billion loss sound like it was a victory:

Keep Reading…

Walmart’s Two New Stores in Washington DC Embarrass a Preacher

This article first appeared at The McAlvany Intelligence Advisor on Monday, December 9th, 2013:

 

When the Rev. Graylan S. Hagler, pastor of the Plymouth Congregational United Church of Christ, saw the two new Walmart stores opening in DC this past week, he admitted that some of his people were going to shop there despite his protestations:

I know some of my congregants are going to be shopping there. I have not called for a boycott or anything like that.

But … when you make this corporation richer, it’s at the expense of making somebody [else] poorer.

Not according to the shoppers, hundreds of whom voluntarily

Keep Reading…

Walmart opens first two stores in Washington, DC, after wage fight

When Washington, DC’s city council passed an ordinance raising the minimum wage just for Walmart’s employees, Walmart threatened to pull five stores planned for the DC area – three of which were already under construction – in response. But after Mayor Vincent Gray vetoed the measure and the council couldn’t override it, Walmart went ahead with two of them, both of which

Keep Reading…

White House Thanksgiving Day reminder: Let’s all be like Lucy

Last Tuesday the White House issued a Thanksgiving Day reminder: “The Supplemental Nutrition Assistance Program (SNAP) helps millions of Americans put food on the table.” Then began a litany of statistics and charts along with explanations of how wonderful SNAP is, even getting in a dig at those selfish “House Republicans [who] would cause nearly 4 million Americans to lose access to SNAP next year.”

Harold Maass, writing at the liberal TheWeek.com blog, explained all the reasons why conservatives hate food stamps:

Keep Reading…

Credit rating agencies downgrade Chicago debt, again

The day after the Illinois state legislature adjourned without dealing with the state’s $100 billion crisis, on Friday, November 8th Fitch Ratings downgraded $8.5 billion of Chicago’s bonds as well as its outlook for future downgrades as “negative.” Said Fitch: “The city has been unsuccessful in its attempts to negotiate a solution with labor unions [or with] the state legislature, which ultimately controls the benefit formulas [of the state’s pension plans].” This is the second downgrade by Fitch since July,

Keep Reading…

When the Free Market is allowed to Flourish, It Does

This article was first published at The McAlvany Intelligence Advisor on Friday, November 1st, 2013:

When the JOBS Act (Jumpstart Our Business Startups Act) was signed into law in April 2012, it was designed to create a “regulatory exemption” for crowd funded securities – a crack in the 6-inch thick slab of concrete the government regulatory agencies are determined to pave over every manner of entrepreneurial activity in the country – so that entrepreneurs could meet with capital largely free of regulations under Dodd-Frank, Sarbanes-Oxley, and other noxious restrictions on freedom.

It was highly controversial at the time, with the New York Times leading the way in an article entitled

Keep Reading…

Kickstarter Marks Another Milestone

Just over a week ago Kickstarter, the crowd funding platform, revealed that it had successfully funded more than 50,000 projects since its inception in 2009. As of October 31st that number had jumped to 50,844 with another 4,130 currently being funded.

Kickstarter has helped entrepreneurs with ideas, songs, gadgets, video games, publishing concepts and fashion design ideas connect with low-budget capitalists interested in supporting them. And, thanks to provisions in the JOBS Act, signed into law in April 2012, they can do this without

Keep Reading…

As Obamacare Kicks In, Hospitals are Forced to Reduce Budgets, Cut Jobs

Just as the economy appears to be improving slightly, one of the prime drivers – the healthcare industry – is faltering, according to John Howser at Vanderbilt University Medical Center: “While the rest of the U. S. economy is stabilizing or improving, health care is entering into a recession.”

Vanderbilt is in the process of eliminating 1,000 jobs by the end of the year as it trims its operating expenses, thanks to cuts in reimbursements and employee mandates under Obamacare.

Indiana University Health has already

Keep Reading…

The Far-reaching Consequences of the Fracking Boom

This article first appeared at The McAlvany Intelligence Advisor on Wednesday, September 25th, 2013:

Even the people at IHS, Inc. (one of the world’s preeminent global consulting and forecasting firms) missed perhaps the most important impact the fracking boom is likely to have: it just might dampen the enthusiasm for the empire builders in Washington to continue to

Keep Reading…

Thanks to America’s Fracking Boom and Skilled Labor Force, Re-shoring of Jobs is Accelerating

More than half of 200 US companies with sales greater than $1 billion are moving jobs back to the US, or are planning to, within the next two years. The announcement by Boston Consulting Group (BCG) on Tuesday confirms a subterranean paradigm shift that’s been underway for at least

Keep Reading…

US to Become the World’s Primary Energy Producer in Four Years

In its review of the latest report on world energy supplies from the international energy consulting firm IHS, Inc., writers at Yahoo.com were quick to point out several of the impacts likely to be felt as the United States becomes the number one producer of energy in the world by 2017. Fracking is the prime driver of the US’ resurgence and is bending, changing, questioning and even replacing many of the

Keep Reading…

Warren Buffett’s Railroad is Testing Natural Gas to Drive its Locomotives

The quiet revolution going on in the energy sector as a result of fracking is being punctuated by changes unseen and unappreciated, such as the recent announcement by Warren Buffett’s railroad, BNSF Railway.  The largest railroad in the country, BNSF is testing the use of liquefied natural gas (LNG) to

Keep Reading…

Friday’s Jobs Report: There’s Good News, and then…

On the surface Friday’s jobs report from the Bureau of Labor Statistics (BLS) wasn’t so bad: 169,000 jobs were created in August and the unemployment rate dropped slightly, once again, to 7.3%. This was slightly below expectations (180,000) but about in line with the average monthly gains over the past year.

But – and it’s a big but – not everyone is participating, and some of those numbers

Keep Reading…

Another Obamacare Delay Admitted by the White House

On Monday the New York Times quoted an unnamed White House official that another piece of the labyrinthine healthcare law is going to have to be delayed until 2015, which will wind up costing vast numbers of citizens with severe illnesses potentially thousands, perhaps even hundreds of thousands, of dollars. This flies in the face of the promise that President Obama made back in September 2009 that Obamacare

Keep Reading…

President’s Speeches on the Economy Draw Attention Away from His Scandals and Falling Poll Numbers

From the New York Times to Politico.com the president’s speech to students at Knox College in Galesburg, Illinois on Wednesday was headline news. More than an hour long, it contained enough platitudes, sound bites and falsehoods to keep pundits busy and away from more about the Benghazi, IRS, NSA surveillance scandals and Obamacare fallout which have caused the president’s poll numbers to plummet. It was time to get out of Dodge and take

Keep Reading…

Many of the articles on Light from the Right first appeared on either The New American or the McAlvany Intelligence Advisor.