As many have already discussed, Karl Rove has launched an organization, the Conservative Victory Group, that purports to work on behalf of conservative candidates to shore up our numbers in Congress and bring our party into the 21st century. Like many others, I viewed this as the political equivalent of declaring war on the grassroots. The New York Times’ Jeff Zeleny set off the fireworks | Read More »
Coloradans serviced by Xcel Energy were responsible for nearly half of the company’s profits in 2012 due to rate hikes implemented last May. According to Xcel’s 2012 Year End Earnings Report released last week, Coloradans who purchased energy from Xcel paid higher rates and helped boost the company’s profit to a record $905 million dollars. Though Xcel is based in Minneapolis and serves seven states | Read More »
We’ve all been waiting to see the updated CBO Budget and Economic Outlook for 2013 and the next ten years. Most of the news articles are focusing their headlines on the deficit and debt numbers projected in the CBO report. But remember that the reason why CBO deficit projections always understate the reality is because they overstate the amount of revenue they expect to come | Read More »
Governor John Kasich’s proposal to expand Medicaid eligibility in Ohio after years of criticizing the Patient Protection and Affordable Care Act (PPACA), commonly known as Obamacare, means a total collapse in Kasich’s credibility on Washington spending. Kasich, a Republican, was elected in 2010 due in part to his record as a fiscal hawk in the U.S. House of Representatives. This Heritage Foundation chart depicts entitlement | Read More »
NBC News has gotten its hands on a white paper that’s being used to legitimize the Obama administration’s drone policy, and it’s a… doozy. Short version: members of terrorist groups actively attacking the United States (or our interests) can expect to be shot on sight; and that includes the members of terrorist groups that happen to also be American citizens. And the administration does not | Read More »
A very powerful group of people has advised Standard and Poor’s to reconsider some of their recent bond rating decisions. In a vacuum, this could be seen as condign. S&P’s has a track record for being too cozy with Wall Street brokerage houses that issued mortgage-backed securities based upon sub-prime mortgages. S&P, like Moody’s, like Fitch, overrated the quality of many of these MBS bonds which helped contribute to the economic unpleasantness of the last five years.
However, unlike Moody’s, unlike Fitch, S&P deviated from the hypocritical script and began putting bond issues under a more focused microscope. They found fecal matter strewn throughout and began to rate securities issues accordingly. Regrettably, some of those issues S&P took the hatchet to were USG debt securities. In August of 2011, S&P downgraded US debt from AAA to AA+. Thus S&P will be tortured with the legal equivalent of amateur proctology by the pathetically obvious Obama Administration.
Read More »On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Jonathan Last to discuss his new book, the problem with all those dogs, and how America’s baby bust will endanger our future.
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The other side has been doing a better job, but not all is lost.
If the Tea Party gets back to basics by rebranding, retooling, recruiting and re-engaging, it can and will Become a Force Multiplier.
Read More »Liberals have always held a bifurcated view of women and their need for government protection. On the one hand, they seek to use the boot of government to obliterate every last inherent difference between the genders, even in the most physical manifestations. On the other hand, they use big government programs to grant superfluous rights to women, as if they needed government to protect them | Read More »
So, the President and other Democrats seem to think more government is the answer to our cybersecurity problems. the Chinese are attacking us, and will continue to do so going forward. Hard to see how more regulation on our wend will help that. Fighting back might make more sense, so long as we don’t make the Internet unusable in the process.
Of course, some threats are domestic. Gangs like Anonymous need to be found and jailed. Again, regulation isn’t the answer there. Police work is. Especially since this Anontard attack was on… the Federal Reserve. Oops.
Read More »After the last two Presidential elections, some on the Right have demanded that the GOP jettison its positions on social conservative issues such as abortion and gay marriage. To them, the GOP lost these elections because those issues are too “divisive” and that capturing the younger voters demands that we capitulate on social issues. Interestingly, and unsurprisingly, President Obama agrees. There are going to be | Read More »
Over the course of our Republic, presidents have often tested the limits of their constitutional power. Without the checks provided for in the Constitution our executive branch would easily have digested the other two long ago. But as long as the legislative and judicial branches invoke their constitutional responsibility, executive overreach is contained. When they fail to act, the balance of power is shifted and | Read More »
In a move that may become more prevalent among employers–as in epidemic–a California hospital chain is refusing to comply with rulings issued by Barack Obama’s constitutionally-questionable National Labor Relations Board.
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As I noted earlier the very cast of characters who tried to bring us “big government conservatism” and wound up seeding the tea party movement are at it again. This time they want to defeat conservatives by pooling millionaire dollars to label a bunch of squishes “conservative.” They are, in essence, painting targets on the backs of a lot of candidates, making anyone they support | Read More »
On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the trouble Matt Yglesias found when starting a small business in D.C., how this experience differs from state to state and the impact small businesses have on our economy.
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