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  • Monthly Archives: May 2009

    Obama’s $17 Billion "Cut" in Pictures

    President Barack Obama recently released a list of 121 proposed program terminations and reductions, that he claims would save taxpayers $17 billion. Obama has described these program terminations as spending “cuts”. This is simply not true. Every dollar that Obama “cuts” he has immediately turned into new spending elsewhere in … More

    Guest Blogger: Senator John Barrasso (R-WY)

    Environmental Group Will Sue Small Business The Center for Biological Diversity confirmed what I have long feared. In comments made to the Wall Street Journal the special interest group stated they will sue for the regulation of small emitters under the Environmental Protection Agency’s Clean Air Act. Kassie Siegel, director … More

    Morning Bell: Obama's Job Killing Tax Plan

    First the good news: earlier this week President Barack Obama admitted that high taxes kill jobs. Now the bad news: he wants to raise taxes on U.S. companies anyway. Pitching his new tax reform plan Monday President Obama said that our tax code “says you should pay lower taxes if … More

    A Pioneer in "Smart Growth" Becomes a Pioneer in No Growth

    April 30 was the last day for the planning department of Petaluma, Calif. The city decided to axe the department after it became clear that development activity was not generating sufficient revenue to cover the department’s expenses. As of March, the department was running a deficit of $280,000 for the … More

    TARP and Stress Tests: Now Can Banks Return the Money?

    The results aren’t officially out yet, but it looks like 14 of the 19 financial firms subjected to “stress tests” by the Treasury Department passed their exams with flying colors. Now, the question is will they be allowed to return the money they borrowed from taxpayers? Many of them want … More

    Global Gun Registration...What?

    Just when you thought the Second Amendment would be the only issue we wouldn’t debate this summer. [youtube]http://www.youtube.com/watch?v=D9X2VbhSH9o&feature=player_embedded[/youtube]

    Still Drill, Baby, Still Drill

    The 2009 Offshore Technology Conference (OTC) is wrapping up in Houston, Texas and unsurprisingly, the message down here remains: drill, baby, drill. But that message has been echoed by panelists from both sides of the aisle. Despite reinstatement of the bans on offshore drilling and no mention of offshore drilling … More

    President’s Budget “Cuts” Should Go Towards Deficit Reduction Rather than New Spending

    President Obama today released a list of 121 proposed program terminations and reductions, at a savings of $17 billion. It is important for any president to get acclimated to the idea of streamlining government, and this exercise can be the first step. Many of the programs that President Obama has … More

    Who's Behind the Financial Meltdown?

    The Center for Public Integrity has a new project up called The Subprime 25 that identifies the “top 25 lenders who were responsible for nearly $1 trillion of subprime loans made from 2005 through 2007. Together, the companies account for about 72 percent of high-priced loans reported to the government … More

    Do You Trust the Government to Take Your Money and Give it All Back to You? (Part 4 in a 10-Part Series)

    The reason cap-and-trade and carbon tax have been used interchangeably in the global warming debate is because they are essentially the same thing: a massive tax on energy. Although a more direct approach would be to tax carbon dioxide, it does not make it any more acceptable. But this tax … More