19 Mar 2010

Posted at 16:35h in The Friday Brief by
Don’t’ expect it from Washington. America’s politicians are rushing headlong into socialism faster than at any time in our young history. We who send the ‘revenues’ to Washington know all too well the cost of the last massive rush toward that cowardly form of government. ‘Entitlements’ such as social security, medicare, and medicade are in truth on pace to swamp our country’s economy in the coming decades. The tactics used by Democrats to pass “Healthcare Reform at any price” with their secrecy, unprecedented vote-buying, and outright intimidation, have made it abundantly clear to most American citizens that absolute power has indeed corrupted absolutely.

12 Mar 2010

Posted at 16:47h in The Friday Brief by
The American consumer is coming back. Sales at US retailers grew a surprising .3% in February according to a Commerce Department report released this morning, but the two previous months were revised downward. Excluding autos, February sales rose .8%, also surpassing expectations. Economists expected sales to fall .2% due to bad weather across the country.

05 Mar 2010

Posted at 16:49h in The Friday Brief by
The US economy continues to blaze new paths to recovery. The week’s economic reports demonstrate how the world’s largest economy can grow even in the face of enduring impediments. With unemployment near 10%, housing prices in decline for the first time in recent memory, and confidence near all-time lows, the consumer is showing signs of life. The manufacturing and non-manufacturing sectors of the economy are coming back with improving signs of strength. Recovery is young and weak, but difficult to deny.

26 Feb 2010

Posted at 16:52h in The Friday Brief by
Today’s news from the government comes as welcome relief after a week of sub-par economic reports. The economy’s fourth quarter expansion of 5.9%, higher than initially reported, ranks as the best performance in six years, according to the Department of Commerce. The government’s initial estimate last month was 5.7%, where economists pegged the quarter’s growth. But the group most surprised is undoubtedly the US consumer whose dour mood unsettled investors earlier this week.