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And They Want to Run Your Health Care?
Nov 17, 2009
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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...
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Fiscal Recklessness: The Name of the Game in Washington
Oct 29, 2009
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Do you remember the famous chart that Christina Romer, then the chief architect of President Obama’s plan and now Chairman of Obama’s Council of Economic Advisors, produced to help sell the President’s “stimulus” plan to the public?
Her analysis found that unemployment would drop to 7% by the en...
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Investor's Business Daily: Time To Stop Amuck Acorn's Bank Enablers
Oct 27, 2009
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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...
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We Must Get Our Fiscal House in Order
Oct 27, 2009
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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 ...
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House Committee Passes Bachmann Amendment to Prohibit ACORN Involvement in Consumer Advisory Board
Oct 22, 2009
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The House Financial Services Committee passed two amendments offered by U.S. Representative Michele Bachmann (MN-06) as the Committee completed mark-up on a bill to create the Consumer Financial Protection Agency (CFPA), an expansive new government bureaucracy with far-reaching powers to make decisi...
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Moving Away From the Private Sector
Oct 19, 2009
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“Free markets have failed us, and there’s no place else to turn other than the federal government,” seems to about sum up Washington’s approach over the past year.
This spring, an economist from Arizona State University calculated that since the beginning of bail-out nation, the federal governmen...
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ACORN Defunded Until October 31st. That's It.
Oct 16, 2009
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There's a lot of talk out there about ACORN being stripped of their federal funding, and restricted from receiving federal funds in the future. Sadly, this couldn't be further from the truth.
Here's what really happened:
On October 1, 2009, the President signed a Continuing Resolution (CR) to...
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Bachmann: Government is Fostering Borderline Extortion by ACORN
Oct 15, 2009
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U.S. Representative Michele Bachmann (MN-06), a member of the House Financial Services Committee, wrote Sheila Bair, Chairman of the FDIC and Chairman of the Federal Financial Institutions Examination Council (FFIEC), earlier this week to urge a thorough reexamination of the rules governing complian...
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There Goes the Dollar
Oct 14, 2009
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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...
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New Stimulus on the Way
Oct 13, 2009
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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 ...
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