House Cloakroom: October 24 – October 28 Analysis: This week the House will take up two important changes to the tax code. The first would change the way income is calculated when with respect to eligibility requirements for certain healthcare tax benefits. The second would end the 3% withholding on payments to businesses by the […]
Let’s Get Rich You can’t get really rich unless you’ve got government on your side! This is a spoofy but disturbing look at corporate-government partnerships. With corruption rampaged in Washington DC, it special interest and corporate cronies who get legislation and tax dollars for their contributions in getting politicians elected. The American citizen is then […]
It sounds like a former Obama Administration official is changing his tune on two of the President’s early stimulus efforts. Austan Goolsbee, former chairman of President Obama’s Council of Economic Advisers, says that in retrospect he would not have supported the Cash for Clunkers program or the home buyer tax credit. Politico reports: “Because we didn’t know if […]
James McKibbin Activist Post The political climate of this country is full of tension and anger. Whether one considers themselves to be on the left, right, or something else altogether, they are undoubtedly fed up with this current system. There is no better display of these emotions than the current Occupy movement, now spreading across […]
Federal employees whose compensation averages more than $126,000 and the nation’s greatest concentration of lawyers helped Washington edge out San Jose as the wealthiest U.S. metropolitan area, government data show. The U.S. capital has swapped top spots with Silicon Valley, according to recent Census Bureau figures, with the typical household in the Washington metro area earning $84,523 […]
The Occupy Wall Street movement is no stranger to controversy. The protests have drawn extremists and radicals of various stripes, from labor union members, to far-left Democrats, and members of various communist and socialist movements. As reportedearlier by The New American, the movement has even been home to several high-profile anti-Semites, who, like their statist intellectual heroes […]
The ”Jewish Conspiracy” theme is becoming more popular in the Occupy Wall Street protests. YouTube video: Almost all judges are Jewish. Warning: Video depicts discriminatory remarks by a racist [youtube WLSvK2eIoBs nolink] “The people who run Wall Street are guilty of crimes against humanity,” stated a black American protester. “A small ethnic group consists of…almost […]
(Examiner) The repealing of the Glass-Steagall Act was heralded as one of the greatest bipartisan achievements of our time. It was passed by an overwhelming majority by both Democrats and Republicans and signed into law by President William Jefferson Clinton on November 12, 1999. The minority who spoke out against the repeal were ridiculed and […]
Senate Cloakroom: October 17 – October 21 Analysis: This week the Senate will move to a large appropriations bill which will wrap several individual appropriations together into one legislative package. Senator Harry Reid (D-NV) will offer an amendment to the House passed Agriculture Appropriations bill which will add the Commerce, Justice and Science as well […]
Various organizations and media outlets have attempted to refute the notion that government policy is creating uncertainty and hindering economic growth. However, when properly analyzed, the uncertainty argument is a legitimate one. Critics of the uncertainty narrative say that businesses cite poor sales – or lack of demand – not taxes or regulations, as the […]
