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    News Flash: Obama-Appointed GM CEO Supports Obama

    Here’s a shocker. Among the cheerleaders for President Obama’s plan to increase federal fuel efficiency mandates were General Motors and Chrysler — two companies that are, at the moment, virtually run by the federal government itself. GM’s Fritz Henderson, who was made CEO when Rick Wagoner was effectively fired by … More

    The National Debt Road Trip

    Just because you sometimes travel at 64 mph in a 55 mph speed zone, doesn’t mean you can’t criticize someone driving 174 mph. This video explains: [youtube]http://www.youtube.com/watch?v=P5yxFtTwDcc[/youtube]

    Morning Bell: Avoid California's Mistakes

    Today voters in California will go to the polls to decide the fate of six ballot propositions, four of which would raise taxes on Californians. Gov. Arnold Schwarzenegger has pushed heavily for all six ballot measures which are designed to close the state’s $15 billion budget shortfall. But even though … More

    Insurers Just Saying "No" To TARP?

    What if they ran a bailout program and no one came? Last year, the Bush Administration Treasury Department opened TARP’s doors to insurance companies, a number of which promptly filed for aid. Last week, the applications of six of those were approved, totalling some $22 billion. But rather than rush … More

    End TARP and End the Stimulus

    Earlier this month the Treasury Department found that all 19 banks subject to government “stress tests” passed. Now this past Sunday, White House Director of the Office of Management and Budget Peter Orszag announced that: “The freefall in the economy seems to have stopped.” Economic catastrophe was the only rational … More

    Politics of Cap and Trade Just Cost You $2 Trillion

    The New York Times reported Saturday: How did cap and trade, hatched as an academic theory in obscure economic journals half a century ago, become the policy of choice in the debate over how to slow the heating of the planet? … The answer is not to be found in … More

    Obama's Debt Gamble

    The Washington Post’s Robert Samuelson writes: From 2010 to 2019, Obama projects annual deficits totaling $7.1 trillion; that’s atop the $1.8 trillion deficit for 2009. By 2019, the ratio of publicly held federal debt to gross domestic product (GDP, or the economy) would reach 70 percent, up from 41 percent … More

    Morning Bell: The Costs and Benefits of Waxman-Markey

    Today the House Energy and Commerce Committee will begin a multi-day markup on the Waxman-Markey energy tax bill. Committee Chairman Henry Waxman (D-CA) has been busy lobbying his own caucus for the necessary 30 votes to get the bill out of committee for weeks, but the bill’s fate is still … More

    The Cloakroom: May 18 - May 24

    A a look at what happened last week, and what is coming up this week, on Capitol Hill Senate: Last week – began debate on the credit card bill This week – will finish the credit card bill and pass the Iraq and Afghanistan war supplemental House: Last week – … More

    Obama's Man in Beijing

    It is nice that the President is reaching across the aisle for an Ambassador to the People’s Republic of China. Foreign policy should be bi-partisan. It is a demonstration to the Chinese that there is more that unites Americans than divides us. The selection of Utah Governor Jon Huntsman Jr., … More