Bernie Madoff was sentenced last week and will spend the rest of his life in prison for defrauding investors of approximately $13 Billion. The media bellowed that his investment scheme the biggest financial crime in history. But, the annual interest on the Obama “stimulus” or Recovery Act, $787 Billion in borrowed funds, will be at [...]
Several readers have asked Why we report on the Obama Stimulus so often. President Obama seeks to radically change America. To sell these ideas he and the media claim government experts can achieve near-miraculous results by borrowing and spending trillions on government intervention in the private economy. Since the Stimulus was the Administration’s first adventure [...]
“Populism,” as employed by the Democratic Party, is the political tactic of firing up public resentment against businesses, investors and the wealthy, to deflect blame for government-caused misery away from the political establishment. Last week when it became known that AIG employees were paid some $165 Million in bonuses, the responsible politicians and officials in [...]
Live From The Nation’s Capitol, It’s Day 4 of the Great AIG Horsewhipping. . It’s an all too familiar stunt: politicians attempting to dodge accountability and elevate perceptions of themselves by stampeding to the cameras to bellow their sanctimonious indignation at an easy target who’s already down and out of public favor. This time the [...]
As GM, Ford, and Chrysler patrol the halls of Congress with tin cups, begging for a share of The Big Bailout one wonders why the Media herd doesn’t place the blame where it belongs, squarely on the United Auto Workers Union. Toyota began building cars in America in 1984. Their non-union plants offer competitive wages [...]
Yesterday, President Bush again called on Congress to repeal it’s bans against drilling for oil on American territory and in American waters. . From the Democrat leaders in the House and Senate came the usual insipid response that “Bush policies” caused high gas prices. As always, they were unable to identify or describe the bad [...]
President Bush today lifted a 15 year old executive ban on drilling for oil in the Outer Continental Shelf, the first step in a series of steps needed to finally permit American companies to produce more oil, adding to supply and ultimately, bringing down oil and gasoline prices. The continental shelf is the gently sloping [...]
On the anniversary of D-Day a number of spineless Senators and Congressmen of the Democrat persuasion could learn important lessons from the Democratic Congress and Democratic President of World War II. While the American soldiers, sailors, marines and airmen of 1945 lacked many of the technological advantages today’s troops have, they did have one major [...]
