The News Factor, an online Conservative News Magazine

Since the “stimulus” was enacted into law in February 2009, the economy has lost a whopping 2.6 million jobs. Despite President Obama’s promise that the so-called “stimulus” would keep the unemployment rate below 8 percent, the economically flawed policy has caused the unemployment rate to skyrocket to close to 10 percent. At the same time, President Obama who remains oblivious to the failure of the “stimulus” is pushing for yet another “stimulus” package that he calls “essential.” We hate to break it to Obama but the third time is not always the charm. Extending the provisions of the 2009 “stimulus” bill once again will have the same consequences as the previous two extensions: increased unemployment and debt.

Once again, believers in the free market must heave a sigh and say “I told you so.” It seems that we have this magical power that allows us to foresee crises before they even happen. In other words, we have a firm understanding of economics. History has repeatedly proven that government spending does not and will never solve all economic ills.
The Failure of the Stimulus in One Lesson.

From FreedomWorks by J. Borowski.

Current Events

Effectively reporting on the Gulf oil spill is now a Class D felony, punishable by a fine of up to $40,000.

That’s right, the most transparent administration in history has made it a felony, effective July 1, to get within 65 feet of what the Coast Guard determines are essential recovery efforts. According to Anderson Cooper, officials tried to up that number to 300 feet.

Cooper, who claimed federal officials prevented CNN on two occasions from taking photographs in the gulf, seemed frustrated when he reported on the new laws the day they went into effect. The press is “not the enemy here” he pleaded. The new policies, he said, make it “very easy to hide failure, and hide incompetence.”

Cooper also let loose this zinger: “Transparency is apparently not a priority with [Coast Guard Commandant] Thad Allen these days.” Ouch!
Most Transparent Administration Ever Makes Effective Reporting from Gulf a Felony.

By Lachlan Markay @ NewsBusters.com

Current Events

The October Surprise. We all know it’s coming. In what shape, idea, form — who’s to say? Evil always surprises. Its goals are constant, the ultimate objective never changes, but inevitably it manifests itself as the savior of the day, the savior of man. The 2008 Democrat October Surprise that ushered in the first hardcore radical post-American president in American history was the “economic collapse.” Oh yes, that was a beaut.
The October Surprise Is Coming.

By Pamela Geller @ American Thinker.

Current Events