World Braced for New Food Crisis – CNBC  “The world is facing a new food crisis as the worst US drought in more than 50 years pushes agricultural commodity prices to record highs. … The drought in the US, which supplies nearly half the world’s exports of corn and much of its soy beans and wheat, will reverberate well beyond its borders, affecting consumers from Egypt to China.”

What Happened To Obama’s Laser Focus On Jobs? – Investor’s Business Daily  “Obama and Democrats in Congress have never taken responsibility for their incompetence. Instead, they threaten job-killing tax hikes and insult America’s entrepreneurs. Americans won’t stay distracted for long.”

Reagan Praised Entrepreneurs, Obama Trashes Them – National Review  “When Reagan praised our capitalist system and the businesses inside it, he provided a psychological lift to accompany his fiscal program. That was leadership. Now contrast President Reagan’s performance with President Obama’s recent attack on business. Instead of exhorting entrepreneurship, Obama demonized it. Here’s the money quote: ‘If you’ve got a business, you didn’t build that. Somebody else made that happen.’”

Cutting Back: Wealthy Car Buyers Trading Down – CNBC  “Call it a sign of the wealthy in America being a little more cautious. Or call it a case where high-end car buyers are trading down so they don’t spend as much for luxury cars and SUVs. Whatever you call it, it is clear sales of new models costing more than $75,000 have slowed down.”  In my opinion, they are reacting with new caution as a result of Obama’s constant attacks!

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