If the New York Times reports tonight are true, John Boehner may just be destroying any chance the Supreme Court would get rid of Obamacare and making it even more likely Obamacare will never be repealed. Talk about negotiating with yourself. If Boehner gets what he wants — and Obama might just give it to him with enough rope to hang himself — the nation | Read More »
If you’ve seen the recent Harry Potter or watched any of a host of exorcism movies, you know that right before the demon dies, he lashes out most brutally and fearfully to try to get you to give up. We’re seeing the demon of out of control government lashing out in spectacular fashion now before House Republicans kill it. In one last spectacular bout, the | Read More »
Tuesday night felt pretty good, didn’t it? The House GOP, joined by five Democrats, voted for Cut, Cap, and Balance. Finally, the House led on solid reform to turn the tide. Senators got active quickly to undermine the effort and still the House held the line. Great, wasn’t it? The Gang of 234 stood for freedom and, as an added bonus, gave a wonderful middle | Read More »
Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson is joined by Pejman Yousefzadeh and Elizabeth Blackney to discuss the Gang of Six plan to settle the budget deal and what “increased revenue” might mean, then we’ll talk about the British scandal centered around Rupert Murdoch’s News of the World. We’re brought to you as always by BigGovernment | Read More »
Think of the Senate “Gang of 6″ Plan as the “Gangrene Plan.” It will slowly, but surely, rot away the nation. It was presented yesterday with a few claims: (1) It was not designed to play a role in the debt ceiling debate; (2) It was not meant to undercut the House Republicans’ “Cut, Cap, and Balance” plan; and, (3) It would not be a | Read More »
As a rule of thumb, any idea coming from a gang is not a good one. This holds true in the real world; it is certainly true in the gangster world of the U.S. Senate. Members of the media are agog with glee over the supposed Gang of Six deal to cut the deficit by $3.7 trillion over 10 years. There is much hype over | Read More »
Yesterday CBS put out a poll on the debt ceiling. As with most issue polling in the heat of debate, everyone’s eager to hype the poll or to discredit it, depending on results. I even get asked to join in. I’m skeptical of all issue polling to begin with, I tend to dismiss the polls entirely. But this poll has a serious weighting problem, and | Read More »
Ok, let’s look at both the politics and the economics of this issue. The underlying politics is as follows: the American people are sick and tired of deficit spending. The pundits are completely wrong when they downplay this issue, because deficits are FAR worse now than they ever have been in peacetime (10+% of GDP). And they got far worse at almost the exact moment | Read More »
I have joined FreedomWorks, American Majority Action, Let Freedom Ring, and the Club For Growth in drafting a letter to Republicans in Congress opposing the McConnell Plan. Of particular note, considering who all is on board this letter, is this paragraph: We will refrain from backing any Member of Congress or candidate for federal office, or a leadership position in a Republican Caucus, who supports the McConnell—Reid—Pelosi “Cut, Run, and Hide” plan, to the extent that our various legal structures and rules allow. I | Read More »
Republicans backing Mitch McConnell‘s Pontius Pilate Act should be deeply, deeply worried by a new CBS News Poll. The poll shows the public is very unhappy with the way things are going in Washington. In fact, 51% of Republicans and 73% of Independents disapprove of the way the GOP is handling the debt ceiling. “But wait,” you say. “That must mean they want to go | Read More »
Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Francis Cianfrocca to discuss the poor economic productions for 2012, how the economy may impact Obama’s campaign and the latest on the debt ceiling debate. We’re brought to you as always by BigGovernment and Stephen Clouse and Associates. If you’d like to email | Read More »
I think that this quote below from a New York Times article on whether the GOP will allow themselves to be stampeded on irresponsibly raising the debt ceiling might just be fairly representative of attitudes among our freshman class. More to the point, I think that the New York Times is coming to the same conclusion: “Re-election is the farthest thing from my mind,” said | Read More »
Here is what is going to happen unless House Republicans stage an immediate revolt against their own House leadership. Mitch McConnell, Harry Reid, and Nancy Pelosi are going to win. They have managed to cut the legs out from under John Boehner and the House Republicans. In fact, the House Republicans have taken on all the appearances of Mitch McConnell’s basement gimp. I’m not sure | Read More »
Ignore the rest of his article on the ongoing debt ceiling controversy – Dionne is the kind of person who is comfortable trying to portray House Majority Leader Eric Cantor as being some kind of Machiavellian mastermind running a shadowy conspiracy to control the Republican party behind the scenes, if you know what I mean* – but as Mickey Kaus notes, Dionne’s got a good | Read More »
“I wish it were possible to obtain a single amendment to our Constitution. I would be willing to depend on that alone for the reduction of the administration of our government; I mean an additional article taking from the Federal Government the power of borrowing.” Thomas Jefferson, Letter to John Taylor of Caroline, November 26, 1798 Obama and the Democrats have no intention to cut | Read More »
![[RS]](/t/img/logo-footer.jpg){kind=logo}