Category: Economy

Don’t Censor the Internet! STOP the Combating Online Infringement and Counterfeits Act

Posted on by Warner Todd Huston

The politicians are at it again. They never cease to amaze for their constantly revolving attempts to take over complete control of the Internet and everything connected to it. This time, in the guise of safeguarding copyrighted material, Congressional Democrats intend to introduce into this zombie session of congress the Combating Online Infringement and Counterfeits […]

 

Obama’s Socialist-Admiring Medicaid/Medicare Chief Gets Hearing

Posted on by Warner Todd Huston

Donald Berwick, Obama’s nominee to head up the Centers for Medicare and Medicaid Services, made himself infamous earlier this year when video came to light showing him telling a British audience how much he admired their socialist healthcare system because it “redistributes” the Brit’s wealth. Berwick went all warm and fuzzy over the socialist features […]

 

Congress Getting Rich as It Bleeds Us Into Poverty

Posted on by Dave Blount

Despite the awful state of the economy, one sector has been booming. Unsurprisingly, it’s the one that benefits at the expense of all the others, namely government: Despite a long and deep recession, the collective personal wealth of congressional members increased by more than 16 percent between 2008 and 2009, according to a study released […]

 

L.A. Sports Stadium Project More Important Than Libraries, Police, Firemen?

Posted on by Warner Todd Huston

The 2010 elections are now history. If there was any lesson from this Republican tidal wave that swept across the country it is that the vast majority of Americans are furious at the overspending and flawed leadership of our politicians. Voters are no longer so easily fooled by claims that wild spending sprees are beneficial. […]

 

US Government “Crapped Away” $125 BILLION in 2010 Via Improper Payments

Posted on by Jeff Dunetz

Many people scoff when a candidate proposes cutting fraud and waste as an element of trimming the Federal budget, but here is a perfect example of how cutting fraud and waste will actually make a dent. It is also an example of how the government still doesn’t get it. During the fiscal year just ended,:  […]

 

A Unionized TSA Will Make Our Airports Less Safe

Posted on by Warner Todd Huston

Everywhere you turn the Transportation Safety Administration (TSA) is getting lambasted. If it isn’t people refusing to abide by TSA directions, it’s stories of a “backlash against body scanners” because of the abusive treatment that TSA employees are doling out to travelers. People are becoming fed up with the whole edifice. But imagine how much […]

 

Obamacare Waivers Prove Policy is a Jobs Killer, Unions Benefit Most

Posted on by Warner Todd Huston

111 companies and organizations were granted waivers by Obama’s Dept. of Health and Human Services so that they could get out of having to comply with Obamacare and unions were particularly well rewarded by the HHS with these waivers. Interestingly, there was no great announcement of these waivers issued to the press. The HHS buried […]

 

SEIU’s Shady Political Cash

Posted on by Warner Todd Huston

Marc Theissen recently asked some very important questions about where the Service Employees International Union (SEIU) is getting the mountains of cash that it spends on Democrat political campaigns. He finds that it is coming from foreign sources, but the SEIU is refusing to yield to requests for transparency. If the SEIU is getting the […]

 

NY Times Editorial Board Hearts Economic Draft Proposal

Posted on by William Teach

Especially the parts about raising taxes and cutting the military: Some Fiscal Reality The draft proposal by the chairmen of President Obama’s deficit-reduction commission was a welcome antidote to the low-minded debate that dominated the midterm elections, in which politicians all vowed to reduce the deficit but offered no credible plans. By low minded debate, […]

 

Minimum Wage-Pushing Democrats Don’t Pay Congressional Interns

Posted on by Warner Todd Huston

Hypocrisy, they name is Democrat. Michigan’s Mackinac Center for Public Policy has laid bare another example of the hypocrisy of Congressional Democrats. In this case while those representatives that are all hot and bothered to push an ever rising minimum wage law are making noise about how inequities exist in the workplace, these same congressmen […]

 

Secret Ballot Protection Wins Big in Four States

Posted on by Warner Todd Huston

Is card check dead? Not completely, but if the recent votes on various state ballot initiatives of four states is any indication it sure seems to be on its last legs. Little noticed by the Old Media, the ballot initiatives of these four states is an important bellwether of how little support Big Labor’s favorite […]

 

Another Reminder: ACORN Isn’t Dead

Posted on by Warner Todd Huston

The New York Post reminds us of an important fact: ACORN isn’t dead. It is merely attempting to morph into a new group with a different name in order to shed its ruined reputation. It has no intention, though, of disappearing entirely like it should. I’ve also mentioned before that this assumption that the Association […]

 

Obama’s Disastrous Visit to India

Posted on by Warner Todd Huston

President Barack Obama’s now concluding trip to India seems to have turned out to be a failed or at the very least unhelpful effort. His false starts, unhelpful comments and bad policy moves mark this visit as a bit of a mess. Obama made multiple gaffes not only for India but for his own party […]

 

Al Gore’s Climate Exchange Scheme Utterly Fails… Media Ignores It All

Posted on by Warner Todd Huston

Al Gore’s much ballyhooed Chicago Climate Exchange (CCX) has recently announced that it will no longer be engaging in carbon trading, an activity that was the sole purpose that it was created. This is an utter failure of purpose in global warming hysteria yet the Old Media is almost completely silent on this colossal failure. […]

 

Obama On 60 Minutes: Why, Yes, He Is Still In Clueless World

Posted on by William Teach

One must wonder how long Obama is going to wander around in a daze of idiocy, unable to come to terms with what happened during the 2010 midterms, being totally oblivious and still not “feeling your pain”: Obama On The Political Price of The Election Late on Thursday afternoon, two years to the date after […]

 

Obama’s NLRB Appointee Says Unions Need to be Voted in Quicker

Posted on by Warner Todd Huston

Now that the election is over and we’ve seen in stark light the rebuke that Obama has received, many are wondering if he’ll moderate his far left agenda. But a few movements in the Labor Dept. will disabuse anyone of the notion that Obama intends to drop his left-wing agenda. Leave it to an Obama […]

 

Unemployment Worsens: What Happened to 3.5 Million Workers, Mr. President?

Posted on by Warner Todd Huston

Tyler Durden of Zero Hedge asks an interesting question about the latest jobs data that the Obama administration has released to the public — and to a mostly unquestioning Old Media. As Durden calculates it, 3.5 million workers have mysteriously disappeared from the work force. If this is true then the unemployment rate is a […]

 

Video: Pelosi’s Last Lame Duck- What Could Go Wrong?

Posted on by Warner Todd Huston

Once again we get a fly-on-the-wall perspective of what is going on in the office of “our congressman,” hereafter known as our lame duck congressman. So, now that he’s been pitched out on his left-wing, what will “our congressman” be planning for that lame duck session? Let’s peek in and see… Me, I call it […]

 

Treasury Secretary Turns to Professional Clown for Advice

Posted on by Dave Blount

As our economy staggers toward the next major collapse, you might wonder where Comrade Obama’s conspicuously incompetent tax-cheating Treasury Secretary gets his ideas. Here’s where: In the midst of debates on financial regulation and China’s currency in April, Treasury Secretary Timothy F. Geithner sat down to discuss the U.S. economy — with comedian Jon Stewart. […]

 

No More Using California Welfare Cards to Buy “Medical” Marijuana

Posted on by Dave Blount

It’s going to take a little more than this to keep California from being pulled into bankruptcy by the ever-growing entitlement class: Gov. Arnold Schwarzeneger says welfare recipients can no longer use state-issued debit cards at medical marijuana shops, psychics and other businesses whose services have been deemed “inconsistent with the intent” of the program. […]

 

Obama Said ‘Things Will Get Better,’ For This Woman They Didn’t

Posted on by Warner Todd Huston

Last January, Jennifer Cline sent a letter to President Obama telling him of her woes. She had been diagnosed with two kinds of cancer, she lost her job and was about to lose her home. Surprisingly the president wrote her back and told her that “things will get better.” Apparently they haven’t. Cline has been […]

 

The Fed’s $600 Billion Dollar Plan For Economic Suicide

Posted on by Jeff Dunetz

Its called quantitative easing, which is just banker talk for devaluing the a currency. Today the Fed is about to work some “black magic.” They are going to create $600 billion dollars out of nothing. It absolutely no different than a corporation vowing to improve its fiscal performance simply by printing a lot of new […]

 

Steny Hoyer Offers Up Final Dem Argument To Vote D

Posted on by William Teach

After a long silly season, in which Democrats have made everything personal, have used attack ads at a greater rate than ever before, have insulted Republican/Conservative women as “sluts and nuts“, and have run away from their actual legislative “accomplishments”, not too mention avoiding their president, Steny Hoyer, the Democrat House Majority leader offers up […]

 

As America Votes, Obama Angling to Take Vote Away From Workers

Posted on by Warner Todd Huston

As Americans prepare to head to the polls to exercise their right to a secret ballot on election day, the Obama administration is poised to roll back that right in the workplace. By Obama’s orders, the National Labor Relations Board (NLRB) is looking over a policy change that would undermine the protections for a worker’s […]

 

Last Liberal Gasp Monday: Hurricane Winds And A Clueless Obama

Posted on by William Teach

With less than 24 hours left till the final voting for the 2010 midterm elections starts, and about 36 till Democrats realize how far their house of Greek cards has fallen, liberals are in a snit, starting with MSNBC, where they realize just how bad it is going to be: Poll suggests Dems will face […]

 

The Best and Worst State Debt Disasters

Posted on by Warner Todd Huston

Forbes created an interactive map where Americans can find out what sort of mess their state is in. All you need do is roll your mouse cursor over your state and get the good … or horrible… news. Forbes finds that the best state is Utah. The debt per capita in the Beehive State is […]

 

Shocker! Americans Prefer Tax Cuts Over Government Spending

Posted on by William Teach

Yet another blow to the Keynesian theory of economic management. Of course, the American public has had since late 2008 to watch what happens when the government goes ballistic with spending, and seen how well that hasn’t worked When faced with a budget crisis, most Americans think “it’s always better to cut taxes than to […]

 

Free Training Booklets for Tea Party Activists

Posted on by Warner Todd Huston

The Heartland Institute has a great resource it is calling the “Tea Party Tool Box” where Tea Party activists can get some great booklets to help them train and operate their new political activities. Says the Heartland Institute: We will ship the following booklets to you free of charge to share with other Tea Party […]

 

New GOP Video Ad: ‘Your Turn’

Posted on by Warner Todd Huston

The RNC has a new video ad… WASHINGTON — The Republican National Committee (RNC) announced a new web video reminding voters what is at stake on November 2nd. The video, titled “Your Turn,” can be viewed on YouTube. “As next Tuesday’s elections fast approach, there is little doubt that our country is at crossroads. President […]