Obama Can’t Get Re-elected Without the Jewish Vote Read more: Obama Can’t Get Re-elected Without the Jewish Vote
With his stunning denouncement of Israel and his call for Israel to move back to pre-1967 borders as an American objective in restarting the stalled Israeli and Palestinian peace talks, President Barack Obama has alienated Israelis, and more importantly, American Jewish voters. The truth is that the Jewish vote does matter. Though the Jewish population in the United States is roughly six million (about 2.3 percent of the total U.S. population), 89 percent live in 12 key Electoral College states. These states have enough electoral votes to elect a president. Therefore, a shift in the Jewish vote can have a dramatic impact on the outcome of presidential elections. By example, a Democrat candidate cannot be elected president without carrying New York. Since Orthodox Jewish voters, heavily concentrated... Read More
Russia Joining WTO is Mixed Blessing for US Read more: Russia Joining WTO is Mixed Blessing for US
The Group of Eight (G-8) leaders are moving forward on allowing Russia to join the World Trade Organization (WTO). This will have mixed results for the U.S. U.S. exports to Russia could double to $19 billion after Russia joins the WTO. But U.S. exporters could lose sales in Russia if Congress refuses to grant “permanent normal trade relations” (PNTR) to keep pressure on Moscow to improve its human rights record or address other concerns, according to the Peterson Institute for International Economics. This topic isn’t getting much attention. However, the United States has an obligation to demand its trading partners measure up to certain standards if we are ever to make this world a better place. Along with our constitution and democracy, the U.S. economy is our greatest achievement. As... Read More
Is Default Possible?
According to some calculations, when taking into consideration our entire public debt at the federal, state and local levels, including unfunded entitlements and pensions our true debt picture exceeds $130 trillion. More than $100 trillion is attributed to entitlements. There needs to be a serious discussion on whether or not the United States can prevent itself from falling into default. This is especially troublesome considering a significant portion of our debt is held by China, and they have become increasingly vocal in their criticism of American economic leadership. The most powerful nation on earth defaulting on its debt obligations would seem to be pure science fiction. But truth be told, in 1933, the first year of Franklin Roosevelt’s presidency, the United States did default... Read More
Maybe Governors Should Run the Country
If you want proof that the federal government has lost its way on fiscal leadership, then look no further than the spending cuts being made by individual states. The message is clear that if states want to be fiscally sound they no longer can look to the federal government for help. Long before anyone in the Obama administration recognizes the folly of out-of-control spending, state governors are taking the lead and making the painful cuts that the federal government should have been making instead of racking up this year a whopping $1.4 trillion deficit. Perhaps most telling is that state legislators recognize that levying more taxes will not fix the economy. While the Obama administration is poised to raise taxes on small businesses (where 75% of new jobs are created) they are contributing... Read More
Egyptian Unrest Could Harm U.S. Trade Relations
Political instability in Egypt will negatively impact U.S. trade for the foreseeable future. Egypt has been one of our most stable trading partners in the Mideast and is currently the 34th largest export market for U.S. goods. The U.S. goods trade surplus with Egypt was $3.2 billion in 2009. U.S. goods exports in 2009 were $5.3 billion. Corresponding U.S. imports from Egypt were $2.1 billion. In an era of seemingly uncontrollable U.S. trade deficits with just about every country, Egypt has been a breath of fresh air. American products have historically been very popular with consumers in Egypt. Any time the U.S. enjoys a trade surplus, that’s good news good news for job creation and job retention. The biggest threat to the U.S. would be the closure of the Suez Canal, which is largely controlled... Read More
One War Too Many
While the nation is transfixed on the war of words going on in Congress, there are two other wars going on that seem to be ignored. Almost 6,000 U.S. servicemen and women have been killed in Iraq and Afghanistan, but their sacrifice barely makes the front page anymore. Instead, our time is spent watching two political parties snipe at one another, while real snipers and IED’s are killing our men and women in uniform. I recently had best-selling author Edwin Black on my Truth for America radio show and he compared America to a runaway train, careening into the future while most of us are oblivious to the important events that shape our destiny. New cell phone accessories, large screen TVs, video games and show business celebrities consume our attention while Iran is building nuclear weapons,... Read More
Where There Are Jobs, There Are Votes
While the Republican presidential candidate field has yet to gel, CNN’s Republican debate this week drew 3.162 million total viewers including a wide audience of younger voters, according to Nielsen Fast National data. There is building momentum for the Republican Party, even if some of this interest is coming from voters who subscribe to the “Anybody But Obama” doctrine. So why isn’t the Republican Party seizing this golden opportunity? It is time to get the message out that the GOP understands the mess this country is in and has a sound plan to get us back on track. Attacks on President Barack Obama will continue and accelerate but it is solutions people are looking for. Only 45,000 jobs were created in the private sector last month. That is pathetic and woefully below what we need... Read More
Neal Asbury: China Is Master of Deceptive Shell Game
China has become a master at slight-of- hand tricks, diverting our attention one way while they do something else to their benefit and our detriment. For example, they recently put teeth behind an internal anti-monopoly policy that seeks to stem price collusion and predatory pricing among Chinese manufacturers. In fact a law recently enacted attempts to stop manufacturers from setting “unfairly low prices” in the Chinese marketplace. While this gets positive world attention, behind the scenes China erects no such policies when it comes to their exports to the United States. The manipulation of their currency, the Yuan, gives them a tremendous advantage over US produced goods. In every way this helps China establish “unfairly low prices” which has become a pillar of their global... Read More
Reviving Small Business is Obama’s Biggest Challenge
The two things to understand about our economy are American entrepreneurs and small-business owners create wealth where wealth doesn’t exist. They expand the wealth pool of all Americans, not just themselves. By expanding America’s wealth pool, they increase America’s tax base. By creating policies that get our best-producing businesses feeling confident about the future, we solve all sorts of problems, especially job creation and the containment of our destabilizing deficits. The second thing we need to understand is Americans are longing to feel good again. We want our mojo back. We won’t feel good again until we are economically secure. We won’t be economically secure until we are all working. Yet, there are those that are fixated on a different path for small businesses: taxation... Read More
Hillary Clinton Has Caught Obama Apologitis
Looking at photos of Hillary Clinton laughing it up with Venezuela’s Hugo Chavez last week, I think it’s clear she is showing signs of “Obama Apologitis.” This is a disease that first manifested itself in 2009 when President Obama embarked on his world apology tour going out of his way to apologize to our enemies for America’s policies, while largely snubbing our allies. To help jog your memory, the Heritage Foundation listed his top 10 apologies during 2009, which were largely seen as a diminishment of America’s international power and prestige. 1) In a trip to France he apologized that “America Has Shown Arrogance”. 2) In January of 2009, in an interview with Al Arabiya, he sent an apology to the Muslim World under the heading :”We Have Not Been Perfect”. 3)... Read More







