D.C. Snowstorm Chills Pelosi’s Global Warming Trip

Copenhagen – In a strange twist, a Washington snowstorm is forcing Speaker Nancy Pelosi, D-California, to make an early departure from a global warming summit here in Denmark. Pelosi told CNN that military officials leading her Congressional delegation have urged the 21 lawmakers to leave Copenhagen several hours earlier than scheduled on Saturday. The Speaker […]

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Mission Not Accomplished

Peter Schiff–Although Barack Obama has refrained, at least for now, from delivering triumphant speeches in a naval flight suit, there is nevertheless a strong tone of accomplishment emanating from the President and his deputies. Over the weekend, top White House economic adviser Lawrence Summers even pronounced that the recession is now over. Without hedging his […]

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GOP Fights to Shut Down TARP Slush Fund, Return Money to Taxpayers

With the federal government coming off a $1.42 trillion deficit (“roughly twice individual income tax revenue“) and Washington already another $292 billion in the red, the president and his allies are determined to ramp up government “stimulus” spending even more and turn the Troubled Asset Relief Program (TARP) into a slush fund for politicians.  But […]

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Major makeover of Wall Street Challenges Capitalism

The House passed the most “ambitious restructuring” of federal financial regulations since the New Deal on Friday, this is certainly a direct hit at free world capitalism. The sprawling legislation would give the power hungry government new powers to break up companies that threaten the economy, create a new agency to oversee consumer banking transactions […]

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