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‘Going Galt’ Without Realizing

In March of this year, there was a firestorm of libertarians and ultra-conservatives taking up the call of John Galt from Ayn Rand’s Atlas Shrugged.  Galt is a bright inventor/engineer that decides to quit furnishing his skills to the economy when his company goes Marxist. Several on the right are considering a Galt-like removal from the economy to starve the ...

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The Public Option is Alive

There are at least two major pushes left if the public option is to be defeated.  Currently, the administration is using backroom maneuvers to push for Congressional support from the middle.  Why backroom?  The Congressional leadership knows that if it creates the kind of outcry that occurred in October (town halls, massive marches on Washington, etc), they are guaranteed to ...

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World Opinion Worse Now: Obama Cost Chicago the Olympics

During his campaign run, Barack Obama disparaged past leaders for having created an atmosphere in which the rest of the world despised America.  Obama had promised to, “renew the nation’s promises” because he believed that we had, “a unique opportunity to reboot America’s image around the world”.  Our image has been reshaped, but not positively. Obama now has a public ...

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Unemployment Suffers Under Big Government: Reagan Had The Answer

The chief of the Atlanta Federal Reserve said on Wednesday that the unemployment rate is actually 16%, “If one considers the people who would like a job but have stopped looking…”. Discouraged workers are one of the dirty little secrets of the Bureau of Labor Statistics (BLS). It’s a secret the Obama administration is happy to let continue on. It ...

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Baucus’ Health Future Bill: Updated

Max Baucus (D-MT), the chairman of the Senate Finance Committee and member of the bi-partisan "group-of-six", explained to the press the Chairman's mark of his health care bill. This version has not been accepted by the Finance Committee nor the gang-of-six members and there are positive and negative sentiments being expressed from both sides of the isle.

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GOP Health Care Bill Analyzed H.R. 3400

As recently as last week, congressional liberals have been saying that republicans don’t have any ideas and therefor have not put any health care legislation on the table. Well, before the August recess, a bill was introduced in the house and is certainly a GOP-sponsored health care reform bill.  While far-from-perfect, it is perhaps the best chance at health care ...

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Rebuilding a House of Cards

In August, we watched as sales of existing homes drop by 2.7%. Experts were expecting an increase. Due to the fact that 30% of all home sales this year were by first-time home buyers, the National Association of Realtors has begun a campaign designed to influence congress to put more taxpayer subsidies into the housing market.

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Anti G-20 Mobs Set Sights on Pittsburgh

Anarchists, environmental groups, and other left-wing radical groups led the way for anti-capitalism protests in Pittsburgh on Thursday. Reasons for the march were varied.  Several groups were there to enforce messages of lowering CO2 emissions.  Others were protesting the situation in Burma, the fact that 20 people control the global economy, social justice, pushes for anarchy, ending hunger, stopping war, ...

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Health Care Reform Does Not Increase Competition

For months we have been fed several mis-truths, myths, and outright lies about health care. It is certainly worthwhile to evaluate all the individual frauds, but we may be missing the forest for the trees.

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Social Security Will Go into Deficit in 2010

Hot Air is reporting that it has obtained a report from the non-partisan Congressional Budget Office (C.B.O.) that shows that Social Security is in more trouble than Obama’s Director of the Office of Management and Budget (O.M.B.), Peter Orszag,  previously reported.  The C.B.O.  and the C.B.O. website and “Director’s Blog” contain no mention  or repudiation of the report.  Apparently, they ...

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‘Public Option’ government would cut costs, improve service

Scott Ott published an article in the Washington Examiner that could very well fix everything using the Obama administration’s favorite tool – the public option. “White House sources said today that President Obama may soon propose legislation that would save Americans billions of dollars each year while improving service by creating a ‘public option’ version of the federal government. The ...

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Adjustible loan disaster looming for California

Members of Congress, the President, and anyone else with an opinion is still blaming the recession on greedy corporations.  This article isn’t about rehashing the debate, but… what about the greedy government elitists?  What about us? The government needs us to borrow more to feed the partial-reserve economy system we have.  To get us to borrow more, they need us ...

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FDIC May Resort to Treasury Borrowing to Avoid Collapse

On September 18th,  the FDIC announced two more bank closures that would require funds from the insurance corporation in-order-to protect depositor’s money.  This month alone there have been ten bank failures and the month isn’t over yet.  There were fifteen closures in August and  at the current pace, it’s entirely possible that September will have between 14 and 20 closures. ...

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America Goes Protectionist, Echos 1930’s Era Actions

Still thickly in the middle of the biggest economic catastrophe since the great depression, American policy makers are making anti-free trade decisions that are eerily similar to the protectionist moves made during the depression. The A.R.R.A. (stimulus bill), has provisions in it that only allow the money to be spent on “manufactured goods” that are made in America.  While a ...

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