Category: Capitalism

EXCLUSIVE VIDEO: Newt Responds to President: Let Obama Be the Saudi Oil and Algae Guy, I’ll be the American Jobs Guy

Posted on by Warner Todd Huston

Republican Presidential hopeful Newt Gingrich appeared at Otto Engineering in Carpentersville, Illinois this afternoon and had a few choice words for Barack Obama. Newt told the president than he can be the fantasy algae guy and he, Newt, will be the science candidate. Newt Slams the President as a member of the “Flat Earth, Sierra […]

 

Canada’s tax revenues steady as they lowered corporate tax rates

Posted on by Wintery Knight

Canada: Corporate tax cuts, not stimulus spending From the: Daily Caller. Excerpt: The chart shows Canada’s federal corporate tax revenues as a share of gross domestic product (GDP) and the federal corporate tax rate. The tax rate plunged from 38 percent in 1980 to just 15 percent by 2012. Amazingly, there has been no obvious drop […]

 

CPUC: When a Consumer Advocate Isn’t

Posted on by Warner Todd Huston

The California Public Utility Commission (CPUC) is suppose to be a consumer advocate, it’s supposed to be a watchdog agency that keeps California’s public utilities in line so that they don’t rip off rate payers. Unfortunately, as the SF Chronicle’s Katy Grimes says, the regulator is instead responsible for a culture of corruption with the […]

 

Please Contact Advertisers That Dumped Limbaugh, Tell Them How YOU Feel

Posted on by Warner Todd Huston

So far, 22 companies have pulled their advertising from the Rush Limbaugh radio show. They have done this, some because they are big dollar Obama supporters (like Carbonite), many more because they were pressured by a concerted campaign to intimidate them launched by various left-wing groups. Those of you that support Rush Limbaugh really need […]

 

ABC News That’s Not So New

Posted on by Michael Fell

One of the breaking headline news stories online from ABC News just today, Tuesday, March 6, 2012 reads: Green Firms Get Fed Cash, Give Exec Bonuses, Fail. http://news.yahoo.com/green-firms-fed-cash-execs-bonuses-fail-200314806–abc-news.html Ronnie Greene and Matthew Mosk, for ABC News, aggressively reporting news with an edge, convey how companies like Solyndra, Ener1and Beacon Power took money from the Department […]

 

Worst President Ever: Obama’s Intimidation Tactics Continue

Posted on by Warner Todd Huston

Obama and his campaign apparatus have been filling the minds of possible campaign donors with calumnies and untruths about the left’s newest, favorite whipping boys: the Koch brothers. Typical of left-wing demagogues, most of what Obama has been saying about the two libertarian leaning businessmen is simply untrue. But that doesn’t seem to stop him […]

 

Competition or Cartel Control? An Entrepreneur’s Fight for Fairness

Posted on by Warner Todd Huston

How government uses its powers to regulate and license to act as a cartel for established businesses and to exclude new businesses Artist, veteran, and entrepreneur Julie Crowe wishes to provide a female-friendly vehicle-for-hire service for students in the Bloomington-Normal community, but her attempts are thwarted by city officials who insist students have no need […]

 

Who’s Offering Economic Solutions?

Posted on by Michael Fell

Given America’s growing national debt, now in excess of $15 trillion: http://www.usdebtclock.org/ A per capita government debt that’s worse than Greece’s: http://www.weeklystandard.com/blogs/chart-america-s-capita-government-debt-worse-greece_631797.html Unemployment numbers “officially” listed at 8.5%: http://www.bls.gov/bls/newsrels.htm#OEUS Petroleum prices trending higher, adding pain at the pump for consumers while decreasing money available to them for spending on vital necessities like food and shelter: […]

 

Just Say No to Health Insurance

Posted on by Rachel Alexander

Everyone talks about reforming health insurance while ignoring a better alternative: healthcare risk pools. Powerful lobbyists for the healthcare insurance industry have convinced politicians to perpetuate the current system of health insurance, hoping that minor tweaks will solve the escalating crisis. Conservative think tanks have even bought into the system due to heavy funding by […]

 

“progressives” Don’t Care if Americans Suffer at the Pump

Posted on by Michael Fell

There’s widespread consensus in the United States that America needs to become less dependent on foreign oil. America’s growing, ongoing dependence on foreign sources puts her at ever-greater risk in an unstable world. This instability drives the costs higher. “progressives” who feel an overwhelming compulsion to immediately replace America’s existing carbon economy with a green […]

 

New paper on income inequality: Does taxing the rich hurt the middle class?

Posted on by Wintery Knight

Here’s: an article: by Indian economist: Aparna Mathur. She writes (in part): In a recent: paper: that I co-authored with Kevin Hassett, we explored the effect of high corporate taxes on worker wages. The motivation for the paper came from the international tax literature (summarized by Roger Gordon and Jim Hines in a 2002 paper1) that suggested that mobile capital […]

 

Obama Set to Cost Each of Us Hundreds a Year in Higher Electric Costs

Posted on by Warner Todd Huston

Barack Obama’s avalanche of needless regulations on coal-fueled power plants are going into effect and the net result will be the closing of hundreds of power plants all across the country just when our need for power is increasing. This will absolutely necessitate the cost of our power to skyrocket. But, this is exactly what […]

 

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 […]

 

Why obama is Toast

Posted on by Michael Fell

        This just in from the Associated Press: The Commerce Department said Thursday new-home sales fell last month to a seasonally adjusted annual pace of 307,000. The pace is less than half the 700,000 that economists say must be sold in a healthy economy. About 302,000 homes were sold last year. That’s […]

 

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 […]

 

Indiana Democrats Fleebagging Again, Abandoning Their Jobs

Posted on by Warner Todd Huston

Once again Indiana Democrats are playing the fleebagger game. Because they don’t have enough votes in the Indiana Statehouse, Hoosier Democrats are abandoning their rightful duties and fleeing the Capitol over Indiana’s right-to-work bill currently under consideration in Indianapolis. Indiana Senate Bill 269 and House Bill 1001 would make it illegal to require workers in […]

 

In Canada, a revolt against global warming socialism creates an economic boom

Posted on by Wintery Knight

Before we look at Canada, let’s first look at how Barack Obama has decided to appease his green socialism supporters by: rejecting the Keystone XL pipeline. Excerpt: The Obama administration rejected the long-delayed: TransCanada: oil sands crude project, a decision welcomed by environmental groups but: blasted: by the domestic energy industry. After delaying the project past the November 2012 election, […]

 

Louisiana governor Bobby Jindal unveils education reform plan

Posted on by Wintery Knight

Here are the details on: Bobby Jindal’s new education plan, from New Orleans Online Access. Excerpt: : Gov. Bobby Jindal: on Tuesday outlined a far-reaching set of proposals aimed at improving education in Louisiana, including a state-wide voucher program for low-income students, an expansion of autonomous charter schools and steps to link a teachers’ classroom performance to their […]

 

Occupy Wall Street Stealing From The Poor to Give to Themselves!

Posted on by Warner Todd Huston

It is more common everyday. A man buys a house, the market collapses and suddenly his house is worth less than the mortgage, then he loses his job until, as a single father, he finds himself in foreclosure with no place to raise his two preteen daughters. It’s a case made for the Occupy Wall […]

 

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 […]

 

Illinois GOP Follies: Establishment vs Reform in Champagne County

Posted on by Warner Todd Huston

Illinois is drowning in debt and corruption. The state ranks as the worst state in nearly every category vying only with California for the worst-of rankings. The biggest factor in its downfall is the corrupt Democrat Party. So one would think that the state GOP could make good headway against this corruption. Unfortunately, the establishment […]

 

RATE Coalition: We Are on Track to Have the Highest Corporate Tax Rate in the World

Posted on by Warner Todd Huston

A group called Reform America’s Taxes Equitably (RATE) has a new video: Reducing the corporate tax rate would be a boost for American competitiveness, investment and job creation,” the video concludes. “To get America back on track and bring jobs back where they belong, Congress must act and Reform America’s Taxes Equitably … This is […]

 

Obama’s Electronic Medical Records Requirements Already Causing Job Loss

Posted on by Warner Todd Huston

While the Old Media has been ecstatic over recent job numbers, claiming that some 200,000 jobs have been added to the economy, we should note that while Obama giveth Obama also taketh away. The media may be trying to claim the President has “created or saved” jobs (the latest weasel word is he’s created job […]

 

Another Win for Illinois: Now Worst Debtor State

Posted on by Warner Todd Huston

On the same day that it was reported that the checks sent to Illinois lottery winners had bounced, another more serious announcement was made. Moody’s investment service had cut the state’s credit rating from A1 to A2 making the Land of Lincoln the worst state in the union… again. Now Illinois has the lowest credit […]

 

Reality TV Tax Hikes? ABC Pushes a Kim Kardashian Tax

Posted on by Warner Todd Huston

Here’s a new way to try and hip-up the boring, ages-old, left-wing idea of tax hikes: link it to reality TV star Kim Kardashian. That is just what ABC News tried to do on the Wednesday, January 4 edition of ABC World News Tonight when the venerable news program helped advertise an effort by a […]

 

The Essential Lies Underneath Occupy Wall Street

Posted on by Warner Todd Huston

-By Warner Todd Huston The folks at Fox News made a fantastic video that helps elucidate the lies floated about how wonderful, how pro-America, and how peaceable the Occupy Wall Street “movement” has been. It is important to watch this video for the truth. The whole nonsense that OWS is a “peaceful movement” is the […]

 

Mitt Romney: My Mass. Healthcare Plan Is ‘Fundamentally Conservative’

Posted on by Warner Todd Huston

Romney did it again. On Fox News he linked Romneycare to conservative principles, an outrageous act in the eyes of any conservative. But hold the boat, people, because Romney didn’t exactly say that Romneycare itself is a conservative policy. And therein lies the weasel words that Romney has used to describe the Massachusetts healthcare plan […]