Speaking from the floor of the United States Senate yesterday, Majority Leader Harry Reid resorted to an outright lie to sell his plan to increase tax rates on high income business owners and investors: Senate Republicans…oppose our plan [for] a tiny sur-tax on on a tiny fraction of America’s highet earners…Republicans call our plan a [...]

…From the captivating Mrs. BoomerJeff: I have been struggling with losses from this economy for five years.  Our small business began to struggle and retirement investments began to disappear in 2006.   That summer a wildfire ripped through a huge area of our neighborhood leaving lots of black stubble and ash in its path. A few [...]

One would never know it from all the anguish expressed by the political-media establishment, but the Congressional Super Committee’s assignment is absurdly easy. This week the august Senators and Congressmen head into their final, dramatic days of deliberations.  Their assignment is to propose $1.2 trillion of “deficit reduction” over ten years, beginning 2013. In Washington [...]

Obama reprimands gullible believers who voted for misty “hope and change.” Speaking at a fundraiser in Chicago President Obama expressed frustration: When I said, ‘Change we can believe in,’ I didn’t say, ‘Change we can believe in tomorrow.’  Not, ‘Change we can believe in next week.’ We knew this was going to take time, because [...]

UPDATE: Responding to critics here and on Twitter we added a second chart that begins in 1989.  Please scroll down. ffffffff

July 4, 1776: Visionary men wrote radical ideas that forever altered the march of history. The Declaration of Independence We humbly suggest that part of every American family’s Independence Day Weekend should be rereading and reflecting on the great truths of The Declaration of Independence, the document that inspired creation of this website.  We individual, [...]

On Tuesday Standard & Poor’s (S&P) the nation’s best known bond rating service changed its “long term outlook” for US government debt from “stable” to “negative.”  The rating itself remains at S&P’s highest, AAA.  The outlook change signals S&P’s belief that a rating downgrade may be necessary within a couple of years. The chart  tracks [...]

UPDATE: Administration official David Pluffe, appearing on Fox News Sunday announced that this week the President would present “a plan” for deficit reduction that would include raising the top two income tax brackets to the pre-Bush rates. Congress and the President are beginning what will become an historic two-year debate over the cost and appropriate [...]

April, 2011 will go down in history as the beginning of both the 2012 Presidential Campaign, and the most significant debate over the appropriate roles of the federal government since the 1930s. Congress has been arm wrestling over BOTH the 2011 and the 2012 annual budgets at the same time.  The media, apparently oblivious to [...]

Desperate to block any spending cuts the Democrats and their media supporters are now resurrecting three myths regarding President Herbert Hoover and the Great Depression. Economist and Progressive hero Paul Krugman, provides an example in his latest New York Times editorial: More than three years after we entered the worst economic slump since the 1930s, [...]