Who Are These People Working For? OBVIOUSLY NOT YOU
This is the most transparent administration ever? From Judicial Watch: Dems Want Law To Keep Obama Records Secret In an obvious effort to protect President Barack Obama, a group of congressional Democrats has introduced legislation to create an official process that will allow the commander-in-chief to keep presidential records secret after he leaves office. [...]
Obama Likes The Gang Of Six; Can You Guess Why?
From Accounting Today: A bipartisan group of senators that has been meeting on and off for months to hammer out a budget deficit reduction plan appears to have reunited and gained support on both sides of the aisle for a plan to reduce the budget deficit by $3.7 trillion over 10 years. “The good news [...]
Republicans Cave; Debt Ceiling Will Be Raised
Bloomberg: “House Speaker John Boehner said he agrees that the U.S. debt limit must be raised and the government can’t be allowed to default on its debts, but he also said Democrats are not serious enough about trimming entitlement programs.” I imagine the discussion at the White House went something like this: http://www.youtube.com/watch?v=TK-sSWkJUaQ&feature=related
Open Letter to Senator Warner
Senator Warner, In your recent column in the Washington Post “Opinions” page, you made an argument that we need to cut spending and raise revenue now in order to cut the deficit. You also said that the budget is 25 percent of GDP and revenue is 15 percent of GDP which are respectively too high [...]
Book Blames Recession on Corrupt Fannie Mae
The world of political commentary (at least that part of it not campaigning for Obama’s re-election) is abuzz with excitement over a trailblazing new book that shows vividly and convincingly what happened to cause the terrible financial crisis that’s gripped the country since 2008 and—most important—who’s responsible. The book, Reckless Endangerment: How Outsized Ambition, Greed, [...]
Republicans: “Americans: We’re Getting Ready To Screw You In The Wrong Place, Really Hard”
That’s the message you should see whenever they say “We’re going to punt this problem until after the next election.” It means they are going to do something the voters really hate, and so they hope to be able to make you forget what they did by the time another two years passes. It means [...]
We’re in BIG trouble … which we already knew
As you probably know by now, our own Eric Cantor couldn’t muster the will to cut the full $100 billion from the budget he and other Republicans promised during the 2010 campaign. While this is disappointing, it’s certainly not unexpected and highlights just how much work we have left to do. Because even if he [...]
The Gravy Trains
This is a quick update to this morning’s post, Runaway Trains, about the administration’s high-speed rail boondoggle. Rasmussen Reports, the national polling organization, reported today on their survey of public opinion on high-speed rail: A new Rasmussen Reports national telephone survey finds that, overall, 41% of Likely Voters favor the plan and 46% are opposed. [...]
The End of the Beginning?
The last not quite two years have been exciting. The Tea Party movement has grown from protests and rallies and inundating Congress with phone calls, e-mails, and visits about pending legislation, to getting real fiscal conservatives elected to Congress. We brought the foundational principles of Constitutionality and fiscal discipline and the issue of mounting debt [...]
Next Steps to Repeal Obamacare? As Many as it Takes.
The House of Representatives yesterday, by a 245-189 vote, passed landmark legislation for the repeal of the governmental overreach known as Obamacare. Votes in favor included three Democrats, although Virginia’s Dems voted “nay”. It may help to take time for a call or note to those who have honored well-considered campaign promises. We should [...]
