ABC’s political blog The Note included a comment from yours truly in a recent piece on the Solyndra scandal. We appreciate the folks at ABC reaching out, of course, but I’d just like to provide some context for my remarks. Here’s what ABC’s Amy Bingham wrote: “What Solyndra really speaks to is the large issue […]
Today, President Barack Obama is expected to announce his latest plan for reducing the deficit, and central to it are $1.5 trillion in new taxes, aimed predominantly at wealthy Americans. Unfortunately for the 14 million unemployed Americans, the President is continuing down his steady path of ushering in big spending policies, then turning to even […]
Sen. Mike Lee (R-UT) came to Washington as the a tea-party conservative with the goal of fixing the economy, addressing the debt crisis and curbing the growth of the federal government. It’s an uphill battle for the youngest member of the U.S. Senate, but one he’s prepared to fight. Lee’s recent book, “The Freedom Agenda: […]
President Barack Obama’s recently unveiled $447 billion job-creating bill is “a complete joke” and won’t work because the economy needs less spending not more, says Marc Faber, editor of the Gloom, Boom and Doom report. The package is “another complete failure of Keynesian economics and corrupt interventions,” Faber tells CNBC.com. “This all amid talk of […]
(MoneyNews) Economist and former Secretary of Labor Robert Reich says that unless the government takes swift and intelligent action, the number of unemployed could soar from 25 million to 35 million, and President Barack Obama’s jobs plan doesn’t cut it. “I would rather that (Obama) came up with a jobs plan that the Republicans would […]
(MoneyNews) Economist Barry Eichengreen says Europe doesn’t have months, much less years, to resolve its crisis because it’s mere days away from disaster. “At this point, it has only days to avert the worst,” Eichengreen writes in Project Syndicate. “It is critical that leaders distinguish what must be done now from what can be left […]
Last week’s presidential debate at the Reagan Library elevated Social Security as a national issue that could reshape the 2012 campaign. Candidates spent the week trading blows about the role of the 76-year-old social insurance program. Leaving aside the political rhetoric, one thing is certain: Social Security needs to be reformed or America will face […]
Two days ago Obama spoke about creating jobs in the United States spending more taxpayer money on unproven plans. What he did not mention is the the United States is negotiating one of the biggest free trade agreements in history and there is barely a peep about it on the new anywhere. In 1996, Ross […]
Those without a lot of wealth or a lot of power are getting absolutely killed in America today. The big corporations, the major financial institutions, the ultra-wealthy and those connected to the top levels of government are absolutely thriving even though the economy overall is in shambles. Meanwhile, “the little guy” is being abused, harassed, […]
President Obama tonight pitched Stimulus 2.0 to a reluctant Congress and an angry electorate. The President rolled out his “American Jobs Act” and demanded repeatedly for Congress to “pass right away.” The President’s plan is very similar to his original Stimulus plan that has proven to be a total failure in allowing private enterprise to create jobs. The […]
