MAY 14, 2011 Congress wants taxpayers to save mail worker pensions. One thing we’ll say about federal bailouts—if you pay attention, you can usually see them coming a mile away. It was true of Fannie Mae and General Motors, and it’s increasingly clear that the next candidate will be the U.S. Postal Service. The odds
THE COMING POSTAL BAILOUT Read More »
MAY 12, 2011 Typical retired couples will collect $1 million or more in Social Security and Medicare. This is more than they paid in, and the cost will fall on today’s workers. By JOHN COGAN Readers may recall the 1950s TV show, “The Millionaire,” which portrayed stories of individuals who were given a “no strings
THE MILLIONAIRE RETIREES NEXT DOOR Read More »
May 11, 2011 By Desmond Lachman The European sovereign debt crisis is now entering a critical phase, which U.S. economic policymakers would be ignoring at their peril. For this crisis has the real potential for delivering the severest of body blows to an already enfeebled European banking system. And if there is one thing that
A EUROPEAN ECONOMIC TSUNAMI Read More »
A Great Quote. “The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the US Government can not pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies. Increasing America’s debt
QUOTE FROM BARACK OBAMA VOTING AGAINST RAISING THE DEBT LIMIT – MARCH 2006 Read More »
APRIL 15, 2011 When thousands of Chicago property owners went on a tax strike, the mayor threatened to cut off their water. By DAVID BEITO Many historians depict the Great Depression as a turning point when bitter economic realities finally led the middle class to break from laissez-faire tradition and demand bigger government. This is
THE FORGOTTEN TAX REVOLT OF THE 1930’S Read More »
APRIL 17, 2011, 1:01 P.M. ET By ANDREW BROWNE EXCERPT FROM THIS ARTICLE:The U.S. Federal Reserve has pumped hundreds of billions of dollars into the American economy, hoping to stimulate growth, but much of the liquidity has spilled into foreign markets as investors seek higher returns in faster-growing regions. The flood of money has also
CHINA FUND CHIEF HIGHLIGHTS CAUTION ON GLOBAL ECONOMY Read More »
APRIL 11, 2011 By allowing borrowers to write off the interest on their mortgages, the IRS is incentivizing homeowners to drag out their payments for years. There’s a better way. By ARKADI KUHLMANN If the financial crisis revealed anything about homeownership in this country, it’s that “ownership” is too often a misnomer. Since the crisis
PUTTING THE ‘OWN’ BACK IN HOMEOWNER Read More »
LIBERALS DON’T SEEM TO BE CAPABLE OF UNDERSTANDING JUST HOW DESTRUCTIVE THEIR OUT-OF-CONTROL SPENDING IS FOR OUR COUNTRY! THEY CAN DEMONIZE THE WEALTHY BUT EXACTLY WHO IS PAYING FOR ALL THEIR SPENDING WHEN 40% OF AMERICANS DON’T EVEN PAY TAXES!! Dear MoveOn member So far, more than 30,000 people are participating in a rolling fast
KNOW THY ENEMY: MOVE-ON.ORG EMAIL – 30,000 FASTING Read More »
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VIDEO – BUSINESS AS USUAL IN WASHINGTON Read More »
NATIONAL REVIEW ONLINE www.nationalreview.com Mark Steyn April 9, 2011 4:00 A.M. The Democrats’ solution to the problem is to deny there is one. Hey, it’s the weekend, and everyone’s singing the same maddeningly catchy refrain! Rebecca Black’s “Friday”? Nah, that was last week’s moronic singalong. This week’s is even perkier! “Paul Ryan proposes to end
ENDING AMERICA AS WE KNOW IT Read More »
