Feeling poorer? Americans saw their income drop so dramatically in January that it marked the deepest one-month decline in 20 years. Personal income decreased by $505.5 billion in January, or 3.6%, compared to December (on a seasonally adjusted and annualized basis). That’s the most dramatic decline since January 1993, according to the Commerce Department. It’s […]
Fred Deluca, the founder of privately-held Subway Restaurants, said government regulations are hurting small businesses and that this environment has prevented entrepreneurs from creating value in the market. “If I started Subway today, Subway would not exist,” Deluca told CNBC’s “Squawk on the Street” Wednesday. Deluca said the environment for entrepreneurs in the U.S. has “continuously gotten worse because […]
AMNESTY OR IMPEACHMENT – YOU DECIDE Conservative media stalwart Rush Limbaugh has drawn the battle lines for common sense America after Barack Obama’s latest political ploy in the sequestration wars. Obama just ordered HUNDREDS (and potentially THOUSANDS) of hardened criminal illegal immigrants – you know, the kind Barack Obama can’t resist letting off the hook […]
MK Rabbi Eli Ben-Dahan (Bayit Yehudi) had strong criticism Wednesday for a European Union report that recommended a boycott targeting Israelis living in Judea and Samaria. The EU also condemned construction in majority-Jewish neighborhoods of Jerusalem. “We are again witness to blatant interference in internal Israeli policy, in such a way as to give one-sided […]
Smith/MCT/Newscom The White House warns that sequestration “would reduce loan guarantees to small businesses by up to $902 million”—loans that it claims are “investments that are helping grow our economy.” Setting this flawed Keynesian line of thinking aside, it’s worth investigating whether or not there is room to reduce spending at the Small Business Administration […]
If you had to cut your family’s budget, where would you cut? Would you immediately start starving your children and stop wearing shoes? Of course not. You would look at the extras in your life—whether they were coffee shop lattes, movie tickets, or restaurant meals. It’s a good thing the President wouldn’t be handling your […]
(CNSNews.com) – The U.S. Embassy in Kabul plans to spend up to $250,000 in taxpayer money on the creation of a website that will allow people to show how “the Afghanistan of today has provided opportunities that didn’t exist before.” The stand-alone website — or dedicated YouTube channel — must give people in Afghanistan and […]
House Cloakroom: February 25 – March 1 Analysis: Sequester week begins in Washington! The House returns from a recess week to take up the Violence Against Women Act Reauthorization. The Senate has passed a flawed reauthorization bill. The Senate version contains an unconstitutional expansion of tribal sovereignty, not to mention spending on programs of questionable […]
Photo credit: Newscom President Obama claims that unless Congress raises taxes to undo the imminent automatic budget cuts known as sequestration, the Transportation Security Administration (TSA) would be forced to reduce security measures, leaving travelers and the airways vulnerable and increasing wait times at airports. Is there really not a dime that could be cut […]
Newscom The union whose strike led to the bankruptcy of Hostess last year has just been awarded government benefits from a program few qualify for. Last year, the Bakery, Confectionery, Tobacco Workers and Grain Millers International Union refused to accept concessions that would have kept Hostess in business. The company had tried to cut costs […]
