Category: Economy

Faith in Government Regulators is Misplaced

Posted on by Brian Garst

Shakespeare would likely describe the latest major legislation winding its way through Congress as a piece of legislation crafted by idiots, full of sound and fury, signifying nothing.:  Rather than address the systemic distortions created by prior government policies, and which caused the financial meltdown, policy makers are now “[putting] a lot of faith in […]

 

Welcome to East Germany on the Potomac

Posted on by Ed Driscoll

Newsweek, owned by the Washington Post, famously screamed on a cover story early last year that “We Are All Socialists Now.” In contrast, the conservative Hot Air blog recently noted the correlation between the leviathan socialist state virtually all Beltway journalists begged for when they endorsed Obama in 2008, and the state of journalism itself. You wanted East Germany on the Potomac, MSM? The paranoia over who leaked faux-conservative Dave Weigel’s incendiary emails on the Journolist goes hand in that hand with that big of a government

 

Obama Fail: Hundreds of Oil Skimmers NOT Being Used in Gulf

Posted on by Warner Todd Huston

Ken Marrero alerted me to this video of Florida Senator George LeMieux alerting the world that there are hundreds of oil skimmers across the country and the federal government has refused to allow them to be transferred to the Gulf to help in the cleanup because — get this — there may be an oil […]

 

Moonbats On The March: Violence At G20

Posted on by William Teach

In a city during a meeting where the Left’s favorite incompetent leader (more on that at The Telegraph) is pushing to continue big spending and deficits (most of the other G20 countries have realized that continuing big spending and deficits might turn them into the next Greece), much of which helps those on the Left […]

 

Obama’s Drilling Moratorium a Sop to Unions?

Posted on by Warner Todd Huston

The president of the Seafarers International Union’s Gulf Coast District, Dean Corgey, recently penned an op ed in which he noted an interesting fact: deepwater oil drilling rigs are “100 percent non-union.” With this in mind one of union bought president Barack Obama’s major decisions — in fact, one of his few actual decisions — […]

 

Disclosure Act: Another Example of Unconstitutional Obamaism

Posted on by Warner Todd Huston

On June 24 the House of Representatives passed by a bare minimum number of votes the DISCLOSE Act, a law that is supposed to be a new effort to get around the recent US Supreme Court decision that struck down parts of Congress’ campaign finance law. Bare minimum or no there is no doubt that […]

 

Sen. Harkin Promises Return to Card Check

Posted on by Warner Todd Huston

The Hill is reporting that Iowa’s leading Democrat, Senator Tom Harkin, is promising that the lame-duck Senate will again take up Big Labor’s favored Employee Free Choice Act, (EFCA), the famous card check act that is neither good for employees nor one that facilitates “free choice” of any kind. Apparently, what’s bad for the nation […]

 

Talk about Biting the Hand that Fed You: Obama’s Attack on America’s Students

Posted on by Heather Bachman

: : : :  Whether we like to actually admit it, the youth of our nation voted en masse for President Barack Obama.:  Exit polls indicate he won as much as 66% of voters under 30 years old.:  Enchanted by the word “change” entering into the prospective definition of their future, Obama calmed this worried, young sector of […]

 

Federal Funds Paid for ACORN Youth Groups

Posted on by Warner Todd Huston

If you haven’t checked out CNSNews.com, it is a great place to find stories not widely discussed in the Old Media. Often CNS hits stories before anyone else and the Old Media has to play catch-up to report what CNSNews already reported. Recently CNS had an investigative story detailing millions in federal funds that went […]

 

L.A./Chicago Boycott Arizona… Unless There’s Money to be Made

Posted on by Warner Todd Huston

Both Los Angeles and the Governing Board of Cook County Illinois, home of the City of Chicago, have vented their outrageously outrageous outrage at what they contend are the Nazi tactics of the state of Arizona for having the gall to try to insure the sovereignty of its borders and uphold America’s immigration laws. They […]

 

Atlanta Journal Columnist Tucker Says USA is ‘The Enemy’

Posted on by Warner Todd Huston

Columnist Cynthia Tucker of the Atlanta Journal-Constitution, a 2007 Pulitzer Prize winner, has found the enemy and he is us. During a recent episode of the Chris Matthews show, Tucker decided that because we are “addicted to petroleum” we are our own enemy just as much as communism was our enemy during the Cold War. […]

 

Fish Wrap – “Hey, Pass The Unemployment Extension All Ready!”

Posted on by William Teach

The NY Times Editorial Board provides a perfect example of Liberal World Thought: Cutting Off The Unemployed It was bad enough when the Senate left town for a long Memorial Day break without passing a bill to extend expiring unemployment benefits. It’s worse now. Back in session for nearly three weeks, the Senate still has […]

 

The Left’s Idea For The Economy: Fixing Heartburn With Heart Transplant Surgery

Posted on by John Hawkins

William Greider over at the Nation wrote a short, but wacky piece called Goodbye Keynes, Hello Hoover that’s just so off-the-mark it demanded a response, The first fundamental failure of Keynesian economics occurred forty years ago during the Vietnam War when the economy was overheating but the political system failed to take the corrective steps […]

 

Those Poor Muslims Forced to Sell Pork Rinds in Chicago

Posted on by Warner Todd Huston

The Chicago Tribune has a long lament of an article bellyaching about how so many wonderful and devout Muslim grocery store owners in Chicago are somehow forced to sell liquor, lottery tickets and pork products in their stores. The article worries over their Muslim souls for having to violate their un-American Shariah codes. Naturally, a […]

 

Sunday Funnies: Obama Lectures G20 About Debt Reduction

Posted on by William Teach

In the past, we on the Right have made fun of the Left’s use of the phrase “reality based community.” Over the past few years, we have discussed how Obama seems to be divorced from reality and actually have the temerity to lecture about it. More proof, in the form of a letter sent June […]

 

Obama’s Healthcare Give Away to Union Special Interests

Posted on by Warner Todd Huston

One of Obamacare’s new rules states that if your employer finds it necessary to change healthcare providers to a more cost effective plan they will lose their federal health plan exemptions. This will cause employers to drop employees from health plans forcing workers onto government sponsored plans. So much for Obama’s hoary idea that you […]

 

New York Teachers Union Has Branch in Florida?

Posted on by Warner Todd Huston

The outrage of union activities never ceases to amaze. From the Education Week blog we find that the United Federation of Teachers (UFT), the teachers union of New York, spends almost $200,000 a year of its member’s dues money on an office in Boca Raton, Florida! As Ed Week drolly says, “That’s not peanuts for […]

 

American Journalism, Brought to you By The Democrat Party

Posted on by Warner Todd Huston

When someone says “journalist” do you have a picture of a fedora-sporting, cigar chomping, agitator with jaded mien and independent mind, a man stubbornly outside the political establishment looking in and eyeing it all with suspicion? Do you get a flash of a writer that stands in opposition to entrenched powers, one looking out for […]

 

Our ‘Unions are Bad for America’ Theme is Resonating

Posted on by Warner Todd Huston

For those of you that have come to the blog often, there is a constant theme: unions are antithetical to good government. We’ve been saying this here for years, of course, but over this campaign season I think that meme is beginning to gain real traction because stories echoing this sentiment are everywhere these days. […]

 

Unions Preventing a Timely Cleanup of Oil in the Gulf?

Posted on by Warner Todd Huston

Joseph Carafano of the Heritage Foundation has made an interesting observation and wonders if President Obama is allowing unions to make it harder to effect a timely and effective cleanup of the BP oil spill in the Gulf? The offer of aid from foreign companies has been refused by the Obama administration and the Jones […]

 

Obamacare: Eliminating the Poor and Elderly’s Last Resort to Life and Health

Posted on by Warner Todd Huston

Many left-wingers complain that our healthcare system as it stands leaves out the poor, elderly, and those least able to care for themselves. They say that because of this inequity private medical care should be eliminated and government should take over that role in society. That way, they claim, all will be treated equally and […]

 

Video: Why Do Fannie And Freddie Execs Make More Than our Generals?

Posted on by Warner Todd Huston

Representative Peter Roskam tries to offer an amendment that makes sure that the executives of Fannie Mae and Freddie Mac don’t make more money than the Chairman of the Joint Chiefs of Staff. Naturally the Democrats would rather pay millions to the executives that are still running Freddie and Fannie into the ground than accept […]

 

Just One More Freedom Crushed: Feds Destroying Exotic Pet Industry

Posted on by Warner Todd Huston

Congress has suddenly realized something. Animals could be dangerous! Gosh. One wonders what magick faierie dust was sprinkled on these stalwart protectors of the public weal that made them realize that animals are dangerous? Whatever fantastic episode befell Congress they have acted and hence these high mukety-mucks last year introduced an ominous sounding bill called […]

 

Teachers Union Extorts Parents for Campaign Cash

Posted on by Warner Todd Huston

The indispensable Mark Hemingway of the Washington Examiner recently caught another union outrage. This time it’s the teachers union in New Jersey trying to extort cash from parents directly, as opposed to merely extorting cash from parents through their taxes. Hemingway alerts us to a New Jersey parent that was aghast that the NJ teachers […]

 

Stupid Liberals & The Economics They Don’t Get

Posted on by Melissa Clouthier

Oh, the mirth! A liberal on Twitter was talking about the “progressive approach to fiscal responsibility.” Oh I laughed out loud, I did. And when I did, I was chided about President Bush’s fiscal irresponsibility. You know what? Fiscal conservatives didn’t like big spending then, either. So anyway, turns out that liberals are stupid when […]

 

Survey Shows That On Economics, Those On The Left Are Idiots

Posted on by William Teach

Yes, I know, you’re shocked. How could this be? Over at the Wall Street Journal, Daniel Klein tells us why Liberals/Progressives are not smarter than a 5th grader Who is better informed about the policy choices facing the country–liberals, conservatives or libertarians? According to a Zogby International survey that I write about in the May […]

 

Stimulated?

Posted on by Ron Coleman

On February 17, 2010, we learned that: all doubts had, in fact, been resolved with respect to the economic policy of FDR Slim: Today is the one-year anniversary of the landmark stimulus bill which most economists agree has staved off a second Great Depression. The evidence that the stimulus has worked is overwhelming – the New […]