The “Gang of Six”, which is the group in the Senate trying to come up with bipartisan tax increases and tax restructuring to implement the Deficit Commission’s plans, is collapsing. Late yesterday, Oklahoma Republican Tom Coburn bolted from the group because the Democrats are unwilling to deal with restructuring entitlements in their quest to raise taxes. Two Republicans remain, Mike Crapo of Idaho and Saxby | Read More »
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 »
Many establishment conservatives are agog with joy over the grand sellout of a budget deal. They feel that John Boehner was the real winner in the debate. The problem is that they are all focusing on the dollar amount of the discretionary spending cuts. They are forgetting the 800-pound gorilla in the room; Obamacare. The cost of O-care to our economy, liberty, consumer choice, and | Read More »
Over the weekend, Speaker John Boehner showed that he is even more conservative than the Tea Party. While the petulant rubes in the Tea Party were credulously focusing on the ‘small potatoes’ of the 2011 budget, Boehner wisely decided to proceed to the real fight; the debt ceiling and the FY 2012 budget. In the process, he even secured $38 billion, or 1%, in cuts | Read More »
While Obama was rubbing shoulders with noted bigot Al Sharpton, House conservatives have been working arduously to formulate a coherent budget and stave off the impending debt crisis. Earlier this week, Paul Ryan bravely offered the first steps toward achieving fiscal solvency and vitiating dependency on government. Ryan’s diligence has provided the groundwork for a debate among conservatives as to how best reinstate the ideals | Read More »
The moment we have been anticipating has finally arrived. House Budget Committee Chairman has released his budget for FY 2012, along with his blueprint for tax and entitlement reform over the next decade. This budget proposal, which would cut $5.8 trillion from the CBO baseline over the next decade, is a mature and well balanced plan emanating from a city full of fatuous demagoguery. It is important to note | Read More »
As the Democrats continue to bankrupt the nation with crushing debt, and stymie Republican attempts to balance the budget, we were beginning to wonder if they had their own plan to achieve budget solvency. The New York Times just revealed their monumental plan for the future of our fiscal stability. Drum roll……Labeling Republicans and tea partiers as extremists! “Moments before a conference call with reporters | Read More »
For some on the left, too much is never enough — because, by definition, it can’t be. They operate on a modified version of the old Brezhnev Doctrine, which stated that once a country went communist, it could never go back: Once a government program is in place, it can never be cut or rescinded, only fattened. – Michael Walsh (HT: New York Post) I | Read More »
Amidst record long-term unemployment, Democrats are trying to extend unemployment welfare yet again. Will Republicans continue to obediently follow them in accelerating more creeping socialism? Or will last December serve as the Republicans’ final act to perpetuate unemployment welfare? Beware the doomsday TARP coalition of Republicans. Conservatives must be ever vigilant of those Republicans who are willing to vote for an entitlement program one last | Read More »
Heather Higginbottom, President Obama’s nominee for deputy director of the Office of Management and Budget (OMB), is a smart and honest person — which is probably why she found it so difficult, under questioning from Sen. Jeff Sessions today, to run interference for Obama’s pathetic solution to our deficit problems. Watch the whole thing, but particularly note the end, where Sessions points out that the | Read More »
Texas enjoys a super-majority Republican status. As a friend pointed out to me, if Texas Republicans wanted to wholesale rewrite the Texas constitution with nary a Democrat involved, they could do it. And yet, Texas Republicans facing a budget shortfall are turning into collective addled mush. Tough decisions need to be made to balance the budget. The Republicans don’t want to make them, which leads | Read More »
In the above video, Mary Katharine Ham absolutely devastates Michael Moore‘s Robin Hood Hypothesis regarding America’s money woes. Spoiler alert: It’s a stupid hypothesis. The grand total of the combined net worth of every single one of America’s billionaires is roughly $1.3 trillion. It does indeed sound like a “ton of cash” until one considers that the 2011 deficit alone is $1.6 trillion. So, if | Read More »
Imagine for a moment a private financial services firm caught running a ponzi scheme in which public funds were spent on lavish projects for the manager’s friends. Astoundingly, instead of incarcerating the perpetrators and returning the money to the investors, the Securities and Exchange Commission (SEC) negotiates with the criminals. That’s right. The SEC collaborates with the criminal executives to force the public to contribute | Read More »
“Freedom is never more than one generation away from extinction. We didn’t pass it to our children in the bloodstream. It must be fought for, protected, and handed on for them to do the same, or one day we will spend our sunset years telling our children and our children’s children what it was once like in the United States where men were free.”~ Ronald | Read More »
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