Category: Bailouts

AP’s False Claim That ‘Some’ Democrats Open to Entitlement Cuts

Posted on by Warner Todd Huston

In a November 28 article, the Associated Press tried to give cover to Democrats by insisting that they are somehow divided over cuts in entitlements to help solve the “fiscal cliff” problem. But the truth is, Democrats are united against these cuts, not divided. In its piece headlined, “It’s Not Just Taxes: Benefit Cuts Divide […]

 

Sen. Orrin Hatch: Obama Fiscal Proposal ‘Classic Bait and Switch’

Posted on by Warner Todd Huston

Senator Orrin Hatch (R, Utah) delivered the GOP weekly address and it was a damn good one. He pulled no punches and laid it out straight that Obama lied when he ran for re-election and perpetrated a “classic bait and switch” maneuver. What ever you think of Mr. Hatch or the GOP, he spoke truth […]

 

Why Obama is Wrong to Brag About the Auto Bailout

Posted on by Brian Garst

In last night’s debate, President Obama once again bragged about pouring:  taxpayer dollars into GM and Chrysler, while chastising Mitt Romney for wanting to “let Detroit go bankrupt.” Presuming that Detroit in this context refers to the auto companies that received a bailout, this charge makes no sense. They did go bankrupt. The problem, as […]

 

Obama Needs to Stop Saying ‘I Am GM, Hear Me Roar’

Posted on by Matt Vespa

If I have to hear left-wingers touting the “success” of the auto bailout one more time, I might as well toss a chair through my window. : It’s patently false to say that the auto bailout was a success. : Furthermore, it was more of an United Auto Workers union bailout than it was for the auto […]

 

How Obama Enabled Unscrupulous Banks to Foreclose on Innocent Homeowners

Posted on by Rachel Alexander

The epidemic of home foreclosures has been made far worse than necessary due to the banks’ unwillingness to work with homeowners. Although Congress has passed numerous laws to force the banks to assist homeowners, the banks have found ways not to comply. The banks also brazenly break other laws to further their profits at the […]

 

Solyndra Republicans, Why the GOP Cannot be Trusted

Posted on by Warner Todd Huston

On Friday, July 20, Politico reported that GOP leadership in the House beat back an attempt by recalcitrant members of their own caucus to continue to quietly support the sort of pork spending that gave us Solyndra in the first place. House GOP leadership has been beating the Democrats up for the pure wasteful spending […]

 

Success! Obama Spent $10B to Create 355 Jobs Per Year

Posted on by Warner Todd Huston

Well, after the news from the Obama administration of its “highly successful 1603 tax program” the fantastic program that is responsible for successfully creating literally dozens of jobs at a mere cost of 10 billion tax dollars, why, I don’t want to hear you naysayers out there dissing the big guy again! The Washington Free […]

 

Welfare, Not Work: Obama Shuts Down Minority Business Agency

Posted on by Warner Todd Huston

Hosannas. Obama has finally cut some federal spending. But noting which agency he shut down is sort of emblematic of his whole welfare/big government-pushing presidency. On Friday, the Department of Commerce announced that it would be shutting down all five regional offices of the Minority Business Development Agency, an agency that was created by Richard […]

 

Green Failures

Posted on by Michael Fell

Here are a few of the latest companies to join the growing list of “green” “sustainable energy” failures that have been supported by the current Administration’s deficit “stimulus” spending. All this financing has been done using your tax dollars…well, actually tax dollars to be paid in the future by your grandchildren and great grandchildren to […]

 

An Open Letter to the Occupiers from Generation X

Posted on by Rachel Alexander

To the Occupy movement: I know some of you mean well. I even share some of your concerns. The dismal economy has made it difficult to find a good job with benefits. Meanwhile, the government is bailing out the wealthy banks and mortgage lenders that helped precipitate this depressed economy. I hear your frustrations about […]

 

Republicans pushing to rescind Democrats’ $100 billion EU bailout fund

Posted on by Wintery Knight

Here’s: a shocking story: from Matthew Boyle of the Daily Caller. Excerpt: When California Democratic Rep.: Nancy Pelosi: was the: Speaker of the House in 2009,: President Barack Obama and congressional Democrats authorized $100 billion in spending as a line of credit for the International Monetary Fund to be used in times of emergency – funds that could now be used […]

 

Every Year Boondoggles Pile Up in California

Posted on by Warner Todd Huston

The left-wing idea that it’s good for government to always wildly increase spending is dying a quick death these days. But this good sense has not made it to every state in the union yet — two disastrous states in particular; California and Illinois. These two states have not learned the lesson about the ruinous […]

 

Video: Obama: Capitalism and Liberty Don’t Work

Posted on by Warner Todd Huston

Barack Obama, President of the United Deniers of America, is slamming the country again. This time he ways that capitalism, liberty, and American principles have never worked. Speaking in Osawatomie, Kansas, where in 1910 an off-the-rails Teddy Roosevelt laid out a new socialist-inspired dream for America he entitled the “New Nationalism,” Obama had a few […]

 

CNN Soft Peddles ‘Occupy’ Lawbreaking, Asks if Police Have ‘Sympathy’ With Occupiers

Posted on by Warner Todd Huston

On November 30, CNN’s T. J. Holmes gave us a great example of how the Old Media is soft peddling the law breaking going on at the Occupy events in order to make these events seem far less dangerous and illicit than they are. Like many in the Old Media, Holmes seems desperate to give […]

 

The Chevy Volt: Detroit’s Hottest Car (Cuz They Catch on Fire and Stuff)

Posted on by Warner Todd Huston

Government Motors has finally found its hottest car and the Chevy Volt is it. Unfortunately for Chevy, it isn’t because it is popular. It’s because the car seems to catch on fire a lot. Industry watchers are preparing for the Volt to undergo a recall to fix whatever problem the car’s lithium-ion battery pack has […]

 

How Radical is Obama? This Radical…

Posted on by Warner Todd Huston

Barack Obama is very successful at one thing: the bait and switch. He stands before America presenting a picture of a hard-working moderate and claims that he wants to work with the Republicans to get things done. In reality he won’t even meet with them. He talks about compromise, but never offers any. He mouths […]

 

Kinder, Gentler OWSer Vows to Assassinate Governor

Posted on by Warner Todd Huston

-By Warner Todd Huston A whack nut Occupy Wall Street sympathizer in South Carolina was a bit miffed when Governor Nikki Haley “allowed” the police to begin arresting the dregs at Occupy Columbia. In fact, he was so mad that he took to his Facebook account and threatened to murder the Governor. So much for […]

 

There Isn’t More Political ‘Polarization,’ There’s More Government

Posted on by Warner Todd Huston

Ron Fournier of the National Journal has committed the same mistake in political analysis that far too many others on both sides of the aisle make. He thinks, like many do, that there is somehow more “polarization” in Washington today than ever. Like all the others, he’s wrong. There isn’t any more than there’s ever […]

 

Democrats, Sen. Schumer Shut Down Citizen’s Forum

Posted on by Warner Todd Huston

You know, it is unfortunate that the Democrat Party’s name has the word “democracy” as it root because the modern Democrat Party is 100% opposed to both democracy and our system of government. Senator Chuck “Hitman” Schumer just proved this to be true once again. Last week Senator Mike Lee (R, Utah) had reserved a […]

 

GM Bailout: Bait And Switch And Drive That Lemon Away

Posted on by Warner Todd Huston

General Motors was too big to fail. This is why President Obama had to ride in on his white steed with billions of taxpayers dollars in hand to bailout GM rechristening it Government Motors. Besides, we were told it would be a great deal, a money maker, right? Well, not so much. The Administration has […]

 

Ripping Off California at the Speed of High Speed Rail

Posted on by Warner Todd Huston

One of President Obama’s favorite go-to items to “stimulate” the economy is building new rail lines, especially high-speed rail. Many states have been smart enough to cancel the high-speed rail projects, but oh, not California. California’s project rolls inexorably onward. Still, California does help show the rest of the country why high-speed rail is a […]

 

Obama-Emperor Less Than Zero’s Open Deceit

Posted on by Michael Fell

The current White House occupant is spending taxpayer money (again) flying around the country going to fundraisers (again) extrapolating on his 2012 re-election strategy to blame Republicans for the failure of policies implemented by himself, Harry Reid and Nancy Pelosi (again).:  Now he’s going around a “do nothing Congress” (see the U.S. Senate, controlled by […]

 

VIDEO: Suspected Terror Supporter Attacks Jews at Occupy Chicago

Posted on by Warner Todd Huston

Chicago’s RebelPundit came across some of those nice Occupy Chicago folks wishing good thoughts for all the kind participants at the protest… they kindly wished that Israel be destroyed. Worse, one of the guys these Occupy-Whatevers allowed to speak is a suspected funder of Middle Eastern terrorists. Just like the left, eh? Haters, racists, and […]

 

What Are We Protesting Again?

Posted on by Rachel Alexander

As the Occupy Wall Street protesters finish their first month of protests, they seem more confused and disorganized than ever. It is not clear exactly what they are protesting other than big banks and high unemployment. One protester on the Twitter #OccupyPhoenix channel asked a few days ago, “What are we protesting again?” The Occupy […]

 

Occupy Wall Street College Grads Should Sue Their Schools

Posted on by Michael Fell

What’s most puzzling about Occupy Wall Street is: a persistent resistance by recent college graduates to acknowledging the cause and effect phenomenon manifested by big government interference in business. When you employ the economic policies of Woodrow Wilson, FDR and Jimmy Carter you’re going to get a lousy economy because you’ve created a climate that’s unfriendly […]

 

How Obama Is Bypassing Democracy, Congress and YOU

Posted on by Warner Todd Huston

Phil Kerpen has a warning for you, America. He wants to alert you to the fact that Barack Obama is using his powers to create regulations to undermine Congress, ignore voters, and “radically transform America.” But Kerpen also has some good news. There’s a way to stop this left-wing assault on our country. You can […]