What if a sports team continued to lose more and more games, even as it continued to spend more money on brand new uniforms, state-of-the-art facilities, and more coaches? You would probably begin to wonder whether all the new spending was doing any good. Unfortunately, a story like this plays out in America’s public school […]
Federal Reserve Chairman Ben Bernanke is due to deliver the Semiannual Monetary Policy Report to Congress today before the House Financial Services Committee. What will he say about unemployment, if anything at all? The stakes are high with Bernanke’s approval rating at an all-time low. The hearing starts at 10 a.m. The Senate Finance Committee […]
This morning, the House Budget Committee invited Health and Human Services Secretary Kathleen Sebelius to a hearing on the Independent Payment Advisory Board (IPAB), the left’s weapon of choice for tackling Medicare’s $38 trillion in unfunded promises to America’s seniors. Both sides of the debate agree that extensive reductions to Medicare’s runaway spending are needed, […]
(Hawaii Daily) Without an abundance of good jobs, the middle class in the United States is going to shrivel up and die. Right now, rampant unemployment is absolutely killing communities all over America. Hopelessness and poverty are exploding and many are now wondering if we are actually witnessing the slow death of the middle class. […]
Rob Bluey July 11, 2011 at 6:30 am Republicans and Democrats left the White House last night without a deal on the debt limit, but they’ll be back at work this morning after a weekend of maneuvering. Expect to learn more at 11 a.m. when President Obama talks to the press. Both houses of Congress […]
If you use a vehicle for business purposes and deduct annual mileage, we’ve got some good news for you: effective July 1, the Internal Revenue Service is raising the standard mileage allowance from 51 cents per mile (applicable for miles driven from January 1 to June 30) to 55.5 cents per mile. The rate for […]
Iceland maybe the first true free nation, and it intends to remain so, as long as its citizens wish to remain autonomous of the foreign domination of her would-be masters — in this case, international bankers. On April 9, the fiercely independent people of island-nation defeated a referendum that would have bailed out the UK […]
The April 20, 2010 oil spill in the Gulf of Mexico devastated the Gulf economy, which, more than a year later, has yet to fully recover from the disaster. In en effort to explore relief efforts and “lessons learned” from the spill, the Senate Committee on Small Business and Entrepreneurship will hold a field hearing […]
During his Twitter Townhall on Wednesday, President Obama admitted that government welfare has created dependency. He noted: I think we should acknowledge that some welfare programs in the past were not well designed and in some cases did encourage dependency.… As somebody who worked in low-income neighborhoods, I’ve seen it where people weren’t encouraged to […]
The Palestinian Authority is facing another budget crisis, after all its July. It has reached its borrowing limit and has a 585 million dollar deficit, again. So naturally its leaders are asking the West for yet another mega handout. Back in 2007, 7.4 billion dollars was pledged to keep the terrorist edifice of the Authority […]
