Morning Bell: The Chicago Tea Party
The nation’s outrage over the never ending Bush-Obama Bailout Parade is heating up fast. This week alone we’ve seen grassroots rallies in Seattle, Denver, Mesa,… Read More
The nation’s outrage over the never ending Bush-Obama Bailout Parade is heating up fast. This week alone we’ve seen grassroots rallies in Seattle, Denver, Mesa,… Read More
Congressman Barney Frank met with reporters recently to further voice support for the $700 Billion TARP allocation while concurrently hinting at the need for defense… Read More
If so, give credit where credit is due. White House spokesman Ben LaBolt told FOXNews.com, As the president stated during the campaign, he does not… Read More
They didn’t support it the first time around and nothing has been done to indicate to Americans that change and sustainability are on the horizon…. Read More
An hour later than promised, General Motors submitted a restructuring plan to the Treasury calling for an additional $17 billion in government funds, on top… Read More
We don’t have the plan, yet, but we already know the bottom line: $5 billion. That’s how much money private-equity-owned Chrysler LLC wants from federal… Read More
A small provision slipped into the stimulus (PDF) by Sen. Chris Dodd is making big waves in the banking and finance industries. The last-minute addition… Read More
EconomyNews
Maintaining and modernizing our armed forces doesn’t just protect America, it fulfills the Constitution’s mandate to “provide for the common defense.” Yet the defense budget… Read More
Aside from the Stimulus Package, the Liberals in Congress have something else up their sleeve on their agenda. It is known as the “Employee Free… Read More
President Barack Obama likes to rail against high salaries on Wall Street and has even enacted a $500,000 salary cap for executives of firms that… Read More
Is it any coincidence that on the same day that the Obama Administration announces restrictions on executive pay for companies taking government bailout money, Goldman… Read More
Policies premised more on class-warfare than sound economics, are not going to get us out of this recession. They may actually delay recovery. In my… Read More
Policies premised more on class-warfare than sound economics, are not going to get us out of this recession. They may actually delay recovery. A case… Read More
Strike Two: Not only did President Obama fail to open the Ledbetter Act for public comment before he signed it, a violation of his pledge… Read More
EconomyNews
Few economists have a good word for the Smoot-Hawley tariffs of 1930, which provoked a worldwide round of competitive protectionism that reduced trade, deepened and… Read More
But for handing over gobs of cash with no strings attached, it would be harder to imagine a more sweetheart deal for the auto industry:… Read More
Sen. Reid has said he wants the Senate to vote on the misnamed Employee Free Choice Act (EFCA) this summer. The bill, Big Labor’s highest… Read More
As states begin to line up for their portion of the Pelosi-Reid-Obama debt plan, many of them aren’t even waiting for the legislation to be… Read More
State Children’s Health Insurance Program (SCHIP) is the federal-state welfare program to provide health insurance for poor children. The House recently passed a major expansion… Read More
Across California, many cash strapped towns are desperate to keep their fledgling tax bases afloat. For Victorville, a desert town on the main highway between… Read More
Efforts in Congress to fast-track passage of an economic stimulus package and expansion of the children’s health care program, if successful, would give liberals a… Read More
Will the United States government fund Italy’s Fiat’s attempt to own a majority stake in Chrysler? While most people were following other news on Tuesday,… Read More
Last week both the AFL-CIO and the Center for American Progress claimed that seven out of the top ten countries on our 2009 Index of… Read More
After making news earlier this week for promising to make Social Security and Medicare reform a “central part” of his plan to curtail federal spending,… Read More
Washington Post, January 16, 2009: Senate Votes To Release Bailout Funds To Obama In a personal pitch to Democratic senators this week and in two… Read More
EconomyNews
It could have been a tragedy, but wasn’t. After yesterday’s dramatic Hudson River crash landing of a US Airways jet, all 155 passengers and crew… Read More
“We have tried spending money. We are spending more than we have ever spent before and it does not work.” Sound like, oh, Rep. John… Read More
The Washington Post’s Ruth Marcus noticed that Obama’s labor secretary nominee Rep. Hilda Solis (D-CA) was a little less than forthcoming at her Senate confirmation… Read More
Defending the Troubled Asset Relief Program The Washington Post’s Steven Pearlstein writes: Of course, because money is fungible, critics can always say that the Treasury… Read More
WASHINGTON – Ernest Istook, Chairman of the National Advisory Board for Save Our Secret Ballot, described at the Conservative Bloggers’ Briefing yesterday a grassroots, state-level… Read More
