President Obama offers deficit reductions of a woefully inadequate $400 billion over ten years as he continues his ”trillion-dollar deficits for years to come.” In this week’s edition of his, or rather “Your Weekly Address,” President Obama claims he is ”proposing a new budget that will help us live within our means”: My budget freezes annual domestic spending for the next five years – even on programs I | Read More »
Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech discuss Donald Berwick’s testimony on Capitol Hill today. Then Pejman Yousefzadeh talks about Mubarak and the White House. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email us, you can do so at coffee[at]newledger.com. We hope you | Read More »
From the diaries by Leon… Defending his administration’s push to enhance regulation of private enterprise, President Barack Obama told a Chamber of Commerce audience on Monday that companies have a responsibility to ensure that everyone profits from their expansion. If we’re fighting to reform the tax code and increase exports, the benefits cannot just translate into greater profits and bonuses for those at the top. | Read More »
Earlier today, Moe Lane documented the monumental *cough* $775 Million budget cut the White House has recommended. This figure struck me as an interesting one when compared with a certain report the Obama Administration has been dodging since November — Ernst & Young’s comprehensive examination of the Dept. of Health and Human Services’ budgetary lapses. According to the 3 MB report available for download at | Read More »
Forgive me if I’m not as engaging as usual tonight. Firefox robbed me of a good 20 minutes of time tonight. Firefox 3, what was supposed to be faster and better than ever, had taken up so much memory it was slowing my whole system, and then it took forever to restart. Of course, now they’re saying Firefox 4 will be better this time. Really. | Read More »
“The CDC told us last week there were ‘no plans’ to release the data. The CDC now says it is scheduled for ‘this month’. Did the CDC just not bother looking at the editorial calendar it now tells us is booked ‘well in advance’?” It’s never the action, it’s the cover up. Yesterday RedState broke a significant story which points to the Centers for Disease | Read More »
Let’s be clear: promoting science isn’t just about providing resources – it is also about protecting free and open inquiry. It is about letting scientists … do their jobs, free from manipulation or coercion, and listening to what they tell us, even when it’s inconvenient – especially when it’s inconvenient. It is about ensuring that scientific data is never distorted or concealed to serve a | Read More »
Net Neutrality is taking a real pounding this week. The Heritage Foundation has come out shooting, calling for a major rollback in the FCC’s authority, including repealing Net Neutrality legislatively. Also, The US Chamber of Commerce is calling upon the FCC to be held to the President’s standards for regulatory review, which would certainly put Net Neutrality at risk. But its supporters press on. Even | Read More »
Barack Obama’s failure in Egypt has nothing to do with Egypt itself descending to chaos. No American administration has been willing to call Hosni Mubarak a dictator, which he is. And no administration has sought to strong arm Mubarak into a succession plan devoid of kleptocratic relatives. We cannot blame Barack Obama for Egypt collapsing in on itself. We can however blame Barack Obama for | Read More »
Congressman Issa will not get the documents he is requesting from the Department of Homeland Security. The Daily Caller has the story. Congressman Issa, now in charge of the House Oversight and Government Reform Committee, sent the DHS a demand for documents. Those documents have never arrived. More troubling, according to Issa top DHS officials actually instructed career employees not to search for the documents | Read More »
How did this happen? In 2010, total compensation and benefits at publicly traded Wall Street banks and securities firms hit a record of $135 billion, according to an analysis by The Wall Street Journal. The total is up 5.7% from $128 billion in combined compensation and benefits by the same companies in 2009. For a minute I had to jump over to the White House | Read More »
Wow, my Tech at Night graphic is now out of date. I was already late to the iPhone 4 party because of the iPad and because I had waited for the legendary White iPhone 4. But now that I have an iPhone 4, having the 3GS in the graphic seems wrong somehow. Time for a new one if I get a good idea. Comments welcome. | Read More »
I don’t want to go the full Jim Anchower on you all, but the end of the week has been a bit rough on my end. My Internet connection is going full on Neutral on me, by which I mean it’s been going offline as much as it’s online, including a big 8 hours of full downtime at one point. If it weren’t for my | Read More »
Obama must think we’re fools. In his State of the Union address, he pledged to freeze “discretionary” spending for the next five years, which is a pitiful promise to make after he’s been treating the American taxpayers as his own personal ATM machine. In fact, this “freeze” is so paltry that, according to a Congressional Budget Office baseline, it will reduce discretionary spending by a | Read More »
Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Jim Pethokoukis and Pejman Yousefzadeh to discuss last night’s State of the Union speech. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email us, you can do so at coffee[at]newledger.com. We hope you enjoy | Read More »
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