Any day now we will breach the $16 trillion debt mark. Thank you Obama and the Democrats for mortgaging off the future of our children. You won’t be around in 50 years to bail them out like you did your crony money-bundlers at GM and the UAW. One of the important components of our federal debt in the share of debt owned by foreign countries. | Read More »
Last week, the House passed a slam-dunk jobs bill (H.R. 3606) 390-23. The bill reduces red tape, securities regulations, and reporting requirements on small companies that desire to go public. It also eliminated some of the new regulations implemented under Dodd-Frank and Sarbanes-Oxley on companies that generate less than $1 billion in annual revenue. With all the unctuous complaints about partisanship, one would expect the Senate | Read More »
There is an old adage that defines insanity as “doing the same thing over and over again but expecting different results.” What’s worse than insanity is hypocritical insanity, which may be defined as doing the same thing that your opponent did over and over again, while expecting different results. Unfortunately, that is an apt description of the House GOP leadership of late. During the 2010 | Read More »
As Obama travels through America’s heartland on his teleprompter tours bus, he is touting a new plan to create jobs. While he has offered few specifics thus far, Obama is calling for the ratification of the free trade agreements (FTAs) with Columbia, Panama, and South Korea as vehicles for job creation. The rest of his jobs (killing) plan will be released at some later date, | Read More »
While Obama has spent the past two years pandering to leftist dictators in Latin America, he has also impeded ratification of free trade agreements with our allies. Along with Democrat leaders in Congress, Obama has refused to approve the 5-year-old trade pacts with Columbia, Panama, and South Korea unless Republicans agree to renew a trade subsidy program known as Trade Adjustment Assistance (TAA). Yesterday, Senator | Read More »
Obama’s oil free utopia is precipitating yet more mayhem on our economy. Today, two major news stories concerning our lack of oil production highlight just how profoundly oil affects our economy. The first story concerns the Trans Alaska Pipeline. The pipeline employs 2,000 workers and delivers 11% of our domestically produced oil to the other states. During its early years, when we weren’t impounding the | Read More »
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