What is President Barack Obama’s “debt failsafe” trigger? It is a means for liberals in Washington to increase taxes on you in the name of deficit reduction and avoids specific consent of the governed for these tax increases. If a mechanism to automatically increase taxes is raised by the “Gang of Six,” a bipartisan group working to reduce the deficit, or the President’s bipartisan bicameral negotiating team on reducing | Read More »
The federal government is considering measures to pressure states to ban hands-free cell phone use by drivers. This is an over reaction to the problem of distracted driving. Bloomberg reports that officials of the U.S. Department of Transportation are working on a plan to ban all cell phone use by drivers of cars, including hands-free technology. U.S. Transportation Secretary Ray LaHood says he believes motorists are distracted | Read More »
The Senate is debating a bill today that includes bailouts for small business, TARP, Jr. The debate between right and left on this legislation is a great example of the big government versus small government approach to economic growth. H.R.5297, officially titled the “Small Business Jobs” bill, will spend another day on the Senate floor as the left pushes to retain the TARP bailout model for | Read More »
The Elena Kagan nomination to the U.S. Supreme Court is still in the early stages, but problems are emerging. Meet and greets for Kagan completed Day 2 and more one-on-one meetings are expected in the days ahead. Senators Susan Collins (R-ME) and Scott Brown (R-MA) sounded like supporters of Kagan after one-on-one meetings and had nice things to say about the nominee. Maybe they don’t even know that Kagan | Read More »
Frank Luntz has created a firestorm with the release of a document “The Language of Financial Reform” where he outlines messaging points about the financial reform ideas pending before Congress. The left is in a fury over this memo, yet the memo seems to correctly allege that the financial reform measures pending before Congress contain a permanent bailout authority and fund for the federal government. A source in the Senate tell me that | Read More »
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