You can’t spend like there’s literally no tomorrow, rack up massive deficits, add to the national debt and then pretend to care about spending. Are you kidding me? We don’t need another commission to tell us that we’re bankrupting this country. This is simply political top cover for the Obama administration–they can point to this [...]
Feb
19
2010
19
2010
Nov
1
2009
1
2009
Raising Taxes to Pay for Government-Run Health Care
Greg Mankiw wrote a great piece in The New York Times yesterday on the likely tax implications of the current health care reform legislation. It looks like tax hikes on the middle-class might be used to pay for the costly, health reform legislation.
The bill that recently came out of the Senate Finance Committee illustrates the [...]
Oct
24
2009
24
2009
Ian Bremmer on Afghanistan, China’s Recovery
Some interesting points from Ian Bremmer, President of the Eurasia Group, on U.S. foreign policy and the global economy. A couple of key takeaways from the interview:
1. Bremmer thinks that Obama will indeed support some type of troop surge in Afghanistan. However, he notes that while a “consesus” approach might work in Washington it won’t [...]
Oct
19
2009
19
2009
Senate Finance Committee Health Bill: 1,502 Pages
I guess when you’re attempting to remake one-sixth of the American economy it takes a lot of paper. The bill is not yet up on the Finance Committee website or Thomas.gov. More on the bill at Politico. I bet there are a lot of gems in this one.
Oct
18
2009
18
2009
Pelosi’s “Value-Added” Tax
Harvard Economist Greg Mankiw has some great points on the so-called value-added tax, or VAT, on his blog. Recently, Speaker of the House Nancy Pelosi raised the specter of implementing a new tax to help boost revenue for Uncle Sam. In terms of taxes, the VAT is about as equitable as they come. It’s a [...]
Nov
3
2008
3
2008
Nov
2
2008
2
2008
Oct
26
2008
26
2008
Tough Questions for Joe Biden
It’s refreshing to see the media asking the Obama-Biden ticket some tough questions. But as you can see, tough questions do not go unpunished by the Obama-Biden ticket.
Sep
29
2008
29
2008
Sep
28
2008
28
2008
Bailout Language Benefits Democrats, ACORN
Here’s a must-read op-ed from The Wall Street Journal. It details how groups like groups ACORN are likely to benefit–at taxpayer expense–from the bailout legislation proposed by the Democrats. ACORN is a “non-partisan” partisan organization that has spent $16 million this year registering Democratic voters. If you look up “voter fraud” in the dictionary, ACORN will [...]