Tag Archives: deficit

5% Growth and 5% Unemployment!

The American entrepreneur is extremely resilient. This is evidenced by even a paltry 1.9% growth rate in the face of staggering regulation, looming health insurance burdens, and uncertain taxes. The one thing business needs to thrive is certainty. That is the thing above all others that they have lacked from the current administration. Business will… Read More »

Are Republicans to Blame for Washington’s Problems?

In a new book entitled “It’s Even Worse Than It Looks”, author Norman Ornstein (described by Yahoo News, a card carrying member of the “progressive” Party Pravda, as a “scholar”), blames Republican for governance problems in Washington DC. Although Ornstein, shows a flicker of willingness to lay part of the blame at the feet of… Read More »

What the obama Administration Has Taught America

Facebook Inc.’s $16 billion initial public offering has made Mark Zuckerberg the 29th richest carbon based life form on Earth. Facebook provides entertainment and a fun way to spend your leisure time. America should love Zuckerberg. Whatever happens, do not ever criticize him for not paying his fair share of taxes…he’s cool in the administration’s… Read More »

Will Obama Learn From Sweden?

 Have you ever heard of Anders Borg? He has a ponytail and wears an earring. He is an economist. He is also the finance minister of Sweden. When Sweden’s prime minister Fredrik Reinfeldt became party leader in 2003, he made Borg his right-hand man. Since becoming Sweden’s finance minister, Borg reduced the size of government… Read More »

Postal Workers Caught in Tax Refund Fraud

A ring of criminals operating out of the Dominican Republic have been running a massive income tax refund scam in which billions of false income tax filings have cost the taxpayers billions of dollars in losses. In an article in The Wall Street Journal we see the following information: Between October 2010 and June 2011,… Read More »

Obama Tilting At Windmills Again – With Money We Don't Have

 We are broke, have a huge national debt, running record deficits, and STILL President Barack Hussein Obama wants $770 million to combat “global warming.” That, in and of itself, would be bad enough, but he wants the money to counter global warming in the developing world. Obama and his administration continue to pursue its policy… Read More »

Federal Funds: Uncle Sam’s Gravy Train to the States

In his 1981 inaugural address, President Reagan reminded us of the separation of powers embedded in the U.S. Constitution. This separation goes in two directions: laterally by separating legislative, executive, and judicial branches, and vertically by separating federal, state, and local governments. A lot of attention has rightly been focused on the blurring of the… Read More »

Positive economic news masks worsening crisis

Positive economic numbers touted this week conceal the inevitable crisis soon to strike the United States. Indicators like unemployment, job creation, and stock market valuations are showing signs of recovery, according to many experts. Official unemployment numbers are down, stocks are up, and more jobs have been created in recent months than predicted. Plus, some… Read More »

Senator Olympia Snowe (R-Maine) Calls it Quits

Citing good health and wishes for Congress to return to a more Centrist platform, Senator Olympia Snowe has announced that she will not seek reelection this year. Senator Snowe explained her decision in the following statements, courtesy of Fox News: “After 33 years in the Congress this was not an easy decision. My husband and I are in good health.… Read More »

Who’s Offering Economic Solutions?

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:… Read More »

Shredding George – The Latest in Nanny State Government

Last December, I wrote an article about a bill lurking in the dark shadows of Congress that would begin production of a fourth dollar coin over the past three decades.  Harmless right?  I mean, so what if the Susan B. Anthony and Sacagawea coins were total busts.  I remember the biggest deal about the SBA… Read More »

Speaker Boehner Channels Obama in Tax Cut Deal

Republican House Speaker John Boehner was in full spin mode during several interviews concerning the recent addition of $100 billion dollars in debt that is inherent in the new “Tax Cut Extension” deal. The Hill points out how Boehner is not celebrating the tax cut deal as follows: “The agreement that’s been reached to stop a… Read More »