News

  • And They Want to Run Your Health Care?
    Nov 17, 2009  - The President’s economic “stimulus” package appears to be working so marvelously that it’s even creating nonexistent jobs in nonexistent locations. While the evidence continues to pile up that the President’s stimulus package has been a failure with unemployment rising to over 10%, Americans continu... More
  • Taxpayers Lose in General Motors Bailout
    Oct 28, 2009  - You may recall that when Congress was bailing out the auto industry, I had real concerns about whether the taxpayers would ever get that money back. The auto industry, GM in particular, has had a poor track record with loans in the past, having come back to the federal government again and again wit... More
  • Investor's Business Daily: Time To Stop Amuck Acorn's Bank Enablers
    Oct 27, 2009  - The Community Reinvestment Act has increasingly been at the core of controversy, most recently for its role in the financial meltdown that began in 2008. Many economists have long questioned whether the CRA's mandates, which encouraged subpar lending standards, harmed the housing market. Now we ha... More
  • We Must Get Our Fiscal House in Order
    Oct 27, 2009  - Reuters is reporting that there is a very real possibility that the United States could lose its “AAA” rating if we do not take the necessary steps to reduce our deficit in the next three to four years. Moody’s lead analyst for the United States said very bluntly, “The AAA rating of the U.S. is not ... More
  • There Goes the Dollar
    Oct 14, 2009  - Our dollar is in serious trouble, yet the Democrat leadership in Washington is dead set on spending, spending, borrowing, spending, borrowing, and more spending.  (Trust me, they’ll get to the taxing soon, too.)  The direction we’re heading means certain doom for our dollar in the long run, and nati... More
  • New Stimulus on the Way
    Oct 13, 2009  - Late last week we got word from Speaker Pelosi that more stimulus funding is being considered to get the economy back on track. Seems that the $787 billion ($1.1 trillion with interest) that you ponied up earlier this year just isn't getting the job done. But, honestly, we shouldn’t be surprised by ... More
  • Majority Turns a Blind Eye to ACORN
    Sep 23, 2009  - It's amazing to watch the Democrat power players in Washington turning a blind eye to the ACORN controversy, hoping that it disappears in the next news cycle. Unfortunately for them, this ACORN scandal isn't going away, nor should it. When an organization with such a checkered past of nefarious acti... More
  • Bachmann asks President Obama to Stop Funding ACORN
    Sep 21, 2009  - U.S. Representative Michele Bachmann (MN-06) today sent President Obama a letter requesting that he use his authority to stop the flow of federal tax dollars to ACORN immediately and that he direct the Interagency Suspension and Debarment Committee to open an investigation of ACORN and its affiliate... More
  • Federal Reserve Rejects Audit
    Sep 21, 2009  - Recently, efforts to audit the Federal Reserve have been gathering steam on both sides of the political aisle, as both Republicans and Democrats are expressing their frustrations with the nearly complete lack of transparency and accountability during an unprecedented time of activity from the Fed. C... More
  • Bachmann Cautions Against Expanding Community Reinvestment Act
    Sep 16, 2009  - U.S. Representative Michele Bachmann (MN-06), member of the House Financial Services Committee, today released the following statement as the Committee considered expanding the Community Reinvestment Act (CRA), even after many experts agree that the CRA contributed to the financial collapse last fal... More