The American Pundit

Gallup: Economic Confidence Plunges to Two-Year Low

American confidence in the nation’s economy has plunged to a two-year low, according to a new poll from Gallup. President Barack “Downgrade” Obama has seen his own approval fall three percentage points overnight. Americans’ economic confidence plunged to -53 in the week ending Aug. 7, a level not seen since the recession days of March [...]

Moody’s to America: Cut More Spending or Risk Downgrade

Those stupid people over at Standard & Poor’s. Clearly they have no idea what they’re talking about, downgrading the clearly-stable United States like they did. Totally irresponsible and reckless. Wait. What’s that? Moody’s may do the same thing in the near future? Ah, okay, I see. (Reuters) – Ratings agency Moody’s repeated a warning on [...]

Herman Cain Responds to S&P Downgrade

Republican presidential candidate Herman Cain has released a statement in response to Standard & Poor’s downgrading of the United States government: On Tuesday, April 19, 2011, Treasury Secretary Tim Geithner promised that America faced “no risk” of a credit downgrading. Less than six months later, he is proven shamefully wrong. As I have feared for [...]

Report: White House Pressured S&P to Withhold Downgrade

Lisa Desjardins of CNN reports that Standard and Poor’s served notice of a credit downgrade to the United States government today, but the White House pressured the agency to hold back the change. The agency then agreed to reconsider its decision to downgrade. Why pressure from the Obama Administration? The president knows voters would punish [...]

Confirmed: Debt Deal Guts National Defense

My problem isn’t the fact there are deep cuts to national defense. Cuts as part of some massive reform package would be acceptable. No, my problem is that there are deep cuts to national defense while we fail to reform programs like Medicaid and Social Security. National defense is a constitutional responsibility. Entitlement programs are [...]

It’s About Conservative Principles, Stupid!

Human Nature dictates that it is more comfortable to be in a crisis and blame others, than to be in a comfort zone and look inward. People tend to not like to look at themselves. It is much easier to ignore the decisions one has made in their life, and blame others for their predicament [...]