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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Commercial Space Travel Available in 2011

Virgin Galactic unveils commercial spaceship LOS ANGELES – A spacecraft designed to rocket wealthy tourists into space as early as 2011 was unveiled Monday in what backers of the venture hope will signal a new era in aviation history. The long-awaited glimpse of SpaceShipTwo marks the first public appearance of a commercial passenger spacecraft. The […]

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