Speech by Congressman McClintock given to the California Independent Automobile Dealers Association We are in the third year of policies predicated on the assumption that if Government just injects enough money into the economy, it can jump start consumer spending and therefore, economic growth. For three years, this administration has squandered more than a trillion […]
Act II of the European Summit is going to take place on Wednesday (Act I concluded on Sunday), when the world will see whether the hints about “progress” in stanching the European debt crisis have a basis in reality. It is now apparent that what Europe had tried to avoid for the past half year, a […]
By Tom McClintock Federal spending has ballooned 28 percent during the Obama Presidency while the government has amassed more debt than it acquired from the first day of George Washington’s administration to the last day of George H. W. Bush’s. Our nation is racing toward a fiscal cliff. Yet, as Sen. Jim DeMint noted, instead […]
President Barack Obama provided a broad outline of his deficit reduction plan Sunday that includes $1.5 trillion in new taxes through a new tax rate for millionaires and repeal of the Bush tax cuts for Americans couples making more than $250,000 per year. The millionaire’s tax proposal, dubbed the “Buffett Rule” by the White House, […]
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 […]
Over the past six months, Wisconsin has been nothing short of a miracle. Newly elected Governor Scott Walker and the Republicans in the majority in Madison got just about everything they wanted during the past legislative session, and a state facing a projected $3 billion budget shortfall with no end in sight now has a […]
ABC News’ Gregory Simmons (@abcgregory) reports: While the bulk of GOP hopefuls jockey for position this week in Ames, Iowa, ahead of Saturday’s straw poll, one former contender has signaled he might jump back in. In a phone interview from New York Monday afternoon with CNN, Donald Trump said he “would seriously consider” While discussing the recent […]
Happy Birthday to me, Happy Birthday to me, I’m narcissistic you see, Happy birthday to me. It’s the perfect romance: a man who loves to be loved and, well, his biggest fan – himself. It’s hard to tell if we should mark August 4 as Barack Obama’s 50th birthday or his 50th anniversary with himself. […]
Other countries have had downgrades and been fine so why is this different? Here’s what people don’t understand: Unlike other sovereign debt downgrades such as europe or japan that have happened, the U.S. treasury securities are unique as a substitute for cash/dollars. No other country is like this, their securities are considered risk investments not […]
As liberals have chosen to attack the validity of S &P‘s downgrade of the U.S. government credit rating, some in the business community are now telling Washington to stop pointing fingers and to start finding solutions. Amilya Antonetti’s (Chairman and CEO at AMA Productions) went off on Fox News this morning, ripping into the politicians […]
