Unemployment Falls to 9.0%, Only 36K New Jobs

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The unemployment rate dropped sharply last month to 9 percent, the lowest level in nearly two years. But the economy generated only 36,000 net new jobs, the fewest in four months. (Feb. 4)

Bill Simon Explains Fiscal Challenges Facing California

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Investment advisor and former Republican gubernatorial candidate William E. Simon, Jr. visits Front Page to talk about California's dire fiscal situation, and provides surprising observations about Governor Jerry Brown's budgetary solutions. Will the most productive members of the California economy get up and leave the Golden State? Find out.

Pelosi: Unemployment Checks Create Jobs--Tax Cuts To Rich Do Not!

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http://townhall.com/tipsheet/

Bobby Jindal in the Hot Seat

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Louisiana governor answers your questions on economy, politics and airport security.

Leadership and Crisis by Boddy Jindal

How Capitalism Works

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How Capitalism Works: An Economic Lecture on the Merits and Workings of American Capitalism:

In years 1000 - 1820 world economy grew sixfold, 50 % per person. After capitalism had started to spread more widely, in years 1820 - 1998 world economy grew 50-fold, i.e., 9-fold per person. In most capitalist economic regions such as Europe, the United States, Canada, Australia and New Zealand, the economy grew 19-fold per person even though these countries already had a higher starting level, and in Japan, which was poor in 1820, to 31-fold, whereas in the rest of the world the growth was only 5-fold per person.

Many theorists and policymakers in predominantly capitalist nations have emphasized capitalism's ability to promote economic growth, as measured by Gross Domestic Product (GDP), capacity utilization or standard of living. This argument was central, for example, to Adam Smith's advocacy of letting a free market control production and price, and allocate resources. Many theorists have noted that this increase in global GDP over time coincides with the emergence of the modern world capitalist system.

Proponents argue that increasing GDP (per capita) is empirically shown to bring about improved standards of living, such as better availability of food, housing, clothing, and health care. The decrease in the number of hours worked per week and the decreased participation of children and the elderly in the workforce have been attributed to capitalism.

Proponents also believe that a capitalist economy offers far more opportunities for individuals to raise their income through new professions or business ventures than do other economic forms. To their thinking, this potential is much greater than in either traditional feudal or tribal societies or in socialist societies.

Capitalism has been criticized from many perspectives during its history. Criticisms range from people who disagree with the principles of capitalism in its entirety, to those who disagree with particular outcomes of capitalism. Among those wishing to replace capitalism with a different method of production and social organization, a distinction can be made between those believing that capitalism can only be overcome with revolution (e.g., Revolutionary socialism) and those believing that structural change can come slowly through political reforms to capitalism (e.g., classic social democracy). Some critics recognize merits in capitalism and wish to balance capitalism with some form of social control, typically through government regulation (e.g., Social market movement and British Labour Party). Many aspects of capitalism have come under attack from the anti-globalization movement, which is primarily opposed to corporate capitalism and the economic policies of neoliberalism.

According to contemporary critics of capitalism, rapid industrialization in Europe created working conditions viewed as unfair, including: 14-hour work days, child labor, and shanty towns. Some popular novels arose during this time that took a critical view of the industrial revolution, such as some written by Charles Dickens. Some modern economists argue that average living standards did not improve, or only very slowly improved, before 1840.

Early socialist thinkers rejected capitalism altogether, attempting to create socialist communities free of the perceived injustices of early capitalism. Among these utopian socialists were Charles Fourier and Robert Owen. Other socialist thinkers argued that socialism could not be implemented before historical forces created the right conditions. They saw promise in the industrial revolution, viewing it as a new system that could potentially produce enough goods for the entire human population, but which was hampered by its inefficient method of distributing goods. In 1848, Karl Marx and Frederick Engels released the Communist Manifesto, which outlined a political and economic critique of capitalism based on the philiosophy of historical materialism. Pierre-Joseph Proudhon a contemporary of Marx was another notable critic of capitalism, and was one of the first to call himself an anarchist.

Quantitative Easing Explained

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Great little video that explains quantitative easing and the fed in really simple terms and by cute animals with robot accents.

Vincent Vernuccio on Public Sector Unions

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Competitive Enterprise Institute Labor Policy Counsel Vincent Vernuccio explains why unions are decreasing in the private sector and increasing in the public sector.

Beef Industry: U.S. May Need ‘Strategic Hamburger Reserve’

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According to a representative of the cattle and beef industry, America may need a “strategic hamburger reserve” if the Environmental Protection Agency (EPA) implements proposed new reguilations for cattle producers.

3D Fiscal House of Horrors!: Now in 2D!

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Just mere days ago, Reason.tv broke the fourth wall, the fifth dimension, and the sixth sense by releasing, in conjunction with Reason magazine, the 3D series Fiscal House of Horrors!

The series, including the episodes "I Spend on Your Grave!", "Night of the Living Debt", and "Attack of the Killer Compensation!," illustrate how out-of-control government spending is shredding the economy like Freddy Krueger on steroids.

Reason is happy to release Fiscal House of Horrors in 2D for viewers too scared to confront the federal spending horror in heart-stopping 3D (debt, deficit, and despair)!

Watch and learn. And, as Sen. Mike Gravel says in his warning, don't be afraid to scream - it just might save your life. And your country's future!

Approximately 6 minutes.

To get our special 3D issue of Reason (with complimentary 3D glasses) and to view these videos in terrifying 3D, go to http://reason.com/3D

For more links and to watch all the videos in this series, go to http://reason.com/3dvideos

Written and produced by Austin Bragg, Meredith Bragg, and Nick Gillespie.

Mark Shields: Obama Created More Private Sector Jobs This Year Than Bush Did In Eight

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I'm no fan of the Bush Administration. There were a few things that were done that I did not agree with, but I don't hate the man. This video is another attempt at rewriting history that has begun with the Democrat's controlled Left Stream Media. Consider the fact that if what Mr. Shields said is true then why is the unemployment rate so high this year? Why was the unemployment rate in the 4% to 5% rate until the Democrats took over Congress in 2006? If you don't know history then you need to look at the facts. Once the Democrats took over Congress in 2006 they started talking down the economy to win the White House.

CNBC 'Money Honey' Exaggerates Recovery to Boost Obamanomics

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Redefines "Positive Outlook."

Tim Kaine on 'FNS'

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Chairman of the Democratic National Committee on November elections

Rich Lowry Smacks Down E.J. Dionne Over Ending Bush Tax Cuts

Rich Lowry Smacks Down E.J. Dionne Over Ending Bush Tax Cuts Part II

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Rich Lowry Smacks Down E.J. Dionne Over Ending Bush Tax Cuts Part I & II

Robert Reich Wants 2nd Stimulus & Another WPA!

http://townhall.com/tipsheet/

CNN Upbeat on 9.6% Unemployment, 54,000 Jobs Lost

CNN's "American Morning" reacted optimistically to the Sept. 3, 2010 release of unemployment data. Kiran Chetry found a "bright spot" with the private job gains and two guests were even more upbeat.

Obama: Fact vs. Fiction

FBN's Gerri Willis breaks down the president's recent comments on unemployment.

If you are having trouble viewing the video make sure you have the latest flash player.

Thomas Sowell: Stop Obama, Vote Out Dems to Save Country

Economist Thomas Sowell says the Obama administration is charting the wrong course for the nation and must be stopped. And, if Americans don’t vote out congressional Democrats, the United States may pass the point of no return, he warns during a Newsmax.TV interview.

If you are having trouble viewing the video make sure you have the latest flash player.

Project 21's Deneen Borelli, Liberal PR Exec Kiki McLean Discuss Obama's Poll Numbers on Fox

Project 21 full-time fellow Deneen Borelli discusses recent poll numbers reflecting public dissatisfaction with President Obama's liberal agenda with liberal public relations executive Kiki McLean of Porter Novelli on the Fox News Channel, August 25, 2010.

Highlights of Boehner Economic Speech in Cleveland

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MSNBC

CNN

Complete 52 Minute Speech Available Here.