A Chinese auto company having just won the auction for bankrupt A123 Systems, one of Barack Obama’s car battery darlings that received a $249 million grant from the Obama government further illustrates why the White House playing capital investor with taxpayer funds investor is a very bad idea. When Obama took office in January 2009, [...]
Elections have consequences. He said give it to him. Well, here ya have it, Mr. President!
The Obama Administration has been adamant about raising tax revenue by raising marginal rates rather than by closing loopholes and capping deductions, even though the latter solution would raise as much revenue as the former. Why all the insistence on rates? Loopholes in the tax code have historically been used to manage behavior, as well [...]
Is it revenge of the squishy Republicans? It sure isn’t the reaffirmation of conservatism within the Republican Party. On December 4, Matthew Boyle at Breitbart reported that the House GOP had begun purging conservatives from various committees. In a time when Republicans need strong, principled conservatives to thwart the aggressive expansion of the state under Obama, Speaker [...]
I couldn’t resist. I saw the following article and I just had to write about it: http://money.cnn.com/2012/11/14/news/economy/obama-taxes-deficit/index.html?hpt=hp_t3 Yes, I know that in the post-2012 election era, my blog will naturally pivot to more philosophical writings, but some economic analyses will come up here and there. This is an example of one of these economic analyses. As many [...]
Sen. Saxby Chambliss has decided to part company with Grover Norquist. In so doing, he invites a primary challenge. Representatives Paul Broun, Tom Price, and former secretary of state Karen Handel have all been maneuvering to oust Chambliss from his Senate seat in 2014. Joshua Miller at CQ Roll Call reported on November 19 that conservatives [...]
I’m sure a lot of you exuded similar reactions to the president’s laughable fiscal proposal to prevent the nation from going over the cliff. He asked for $50 billion in additional stimulus and $1.6 trillion in tax hikes “as part of any ‘fiscal cliff’ deal,” according to CNBC. In all: The plan calls for $1.6 [...]
As I’ve said previously, I hate tax increases, but I’ll settle if a 10:1 deal is reached. Ten dollars of spending cuts, including welfare state cuts, for every one dollar raised in revenue. It’s a rational deal. If we can retake the Senate, and maintain our majority in the House; then perhaps we can discuss [...]
I won’t lie. I found Suzanne Venker’s piece about the ‘war on men‘ interesting, thought-provoking, and controversial. In the process, she has reaped a whirlwind of left-wing hate. It’s no surprise that today’s economy is better suited for women. Manufacturing, the lynchpin of male labor, has collapsed – and now scores of men are left [...]
When: Wed, Nov 28, 10PM EST/7PM Pacific Where: He Said She Said What: Have you ever wondered what Black Conservatives think about the political issues of today? Well wonder no more, “He Said, She Said” with Demetrius and Stacy. brings you an inner peek into the mind of the conservative, bold, full strength, and unfiltered. Tonight: Special guests: [...]
With events scheduled for in the White House and on the road, Barack Obama is back on the campaign trail spreading his message, with the clear and obvious intent of pressuring Congress into agreeing to his “fiscal cliff” terms. While he will make claims to a willingness to listen to all ideas and negotiate with [...]
I’ll say it again, Democrats want to go off the fiscal cliff. They’ll get their tax increases – $600 billion dollars worth– their revenue increases, and cuts to defense, which has been a goal of theirs for the past ten years. Goodbye Bush tax cuts, Hello Obama tax hikes. With the fledgling coalition of ‘cliff [...]
For a while, conservatives have known that Obamacare would be a dose of bad medicine. However, given the axiom that bog government helps big business, the same could be true with the medical industry. Tim Carney at The Washington Examiner aptly pointed out today, from Bloomberg, Obamacare favors big hospitals, and smashes small practices. In [...]
Mainstream media outlets are now warning of the United States’ impending “fiscal cliff” after months of vigorous investigative journalism and heated legal battles forced the Obama administration to grant a Freedom of Information Act (FOIA) request for documents detailing federal budget projections. The subject documents, which have been publicly available through the Congressional Budget Office’s [...]
There was a breaking development that occurred on The Hill today. A member of the financial sector made a poor decision, bankrupted a company, and was formerly an elected official. No, it wasn’t Mitt Romney – it was former Democratic Governor of New Jersey Jon Corzine. Corzine, who hedged against the European debt crisis, incurred [...]
