About: Bob Adelmann
Posts by Bob Adelmann
Union Threatens to Paralyze Walmart Stores on Black Friday
The United Food and Commercial Workers (UFCW) union has threatened 1,000 protests against Walmart on Black Friday, while the giant retailer has filed a complaint against such actions by...
Spanish Theater Owner Starts “Carrot Rebellion” to Protest Tax Increase
A Spanish theater owner is protesting the VAT increase on his tickets to 21 percent by offering carrots for sale, which are subject only to a VAT of 4...
CBO: Balancing the Budget Is “Formidable” Task
The Congressional Budget Office's latest offering of suggestions on how to cut the deficit falls far short of what is needed and admits that making adequate spending cuts will...
Sen. Coburn’s Report Exposes DOD’s Wasteful, Non-Defense Spending
Following his office’s publishing of his annual Wastebook last month, Senator Tom Coburn (R-Okla.) has now released another oversight report, this one exploring waste and “non-defense” spending in the Department...
One Bear’s Prediction: Massive Market Selloff Coming
Hard-money investment manager Marc Faber predicts that markets could decline by 20 percent, perhaps more, as the economy faces the continued recession and worries about the "fiscal cliff." ...
Election 2012: Changing Demographics
Pew Research Center predicted Obama would win reelection by 50 percent to 47 percent. They were essentially correct, due to a changing national demographic. ...
Latest CBO Report All But Guarantees Gridlock Over the Fiscal Cliff
In its latest 14-page report on the impact the “fiscal cliff” would have on the economy in 2013 and beyond, the non-partisan Congressional Budget Office (CBO) provided enough ammunition to...
Full Employment Not Expected Until After the Next Presidential Election
A Heritage Foundation study has concluded that a full employment recovery from the Great Recession isn't likely until after the next presidential election in 2016, and even that may be...
Debt Ceiling Likely to be Raised Without Fanfare This Time
Although the Treasury warned that government borrowing would hit the debt ceiling before the end of the year, it also said it would use "extraordinary measures" to push off the...
Tax Moves Being Dictated by the Fiscal Cliff
Small business owners, some of whom have spent their lifetimes building their businesses, are unloading them before the end of the year in order to save taxes. The current...
Looking Behind the Latest Jobs Report Numbers
Friday’s jobs report from the Bureau of Labor Statistics (BLS) stated that “total non-farm payroll employment increased by 171,000 in October, and the unemployment rate was essentially unchanged [from September] at...
Agencies Set to Unleash Tsunami of Regulations after the Election
After learning that the White House had failed to enforce the law in order to protect President Obama’s reelection chances from potential negative feedback, Senator James Inhofe (R-Okla.) wrote a...
Taxmageddon Only Part of the Problem
The Heritage Foundation's calculations of Taxmageddon's impact on American taxpayers is only one of four impending disasters ready to hit on midnight, December 31st. ...
Problems for Friday’s Jobs Report: Political and Meteorological
On Monday the Bureau of Labor Statistics (BLS) said it was doing everything it could to make sure that Friday’s jobs report — the last one before the election — would...
Hurricane Sandy’s Impact on the Election
Hurricane Sandy's impact on the 50 million people living in her path is expected to exceed that of Hurricane Katrina's. Her impact on next Tuesday's election is expected to...