Congress is rumored to be considering passing a cap-and-trade plan through budget reconciliation, which is a process that is only completed if there are special instructions passed in the budget resolution and requires a simple majority, rather than a 2/3rds vote to pass the Senate. Unfortunately, this action sets a …
In a shocking new twist on the Obama Administration’s announced plans to close the terrorist detention facility at Guatanamo Bay, the Wall Street Journal reports that some of the detainees may be released into the United States. Attorney General Eric Holder said some detainees being held at Guantanamo Bay, Cuba, …
Hitting the Federal ATM, Again Apparently, It Does Grow on Trees: After an $800 billion stimulus bill, the President’s budget increases spending by $1 trillion over 10 years, includes an additional $250 billion placeholder for another bailout, and calls for a pay-as-you-go (PAYGO) law while astonishingly violating that rule by …
Senator John Kerry stressed that the economy cannot be a scapegoat for not implementing carbon dioxide and other greenhouse gas reductions. He went so far as to call doing nothing a “suicide pact”. Forget cost and forget the recession, says Kerry: “Climate change is not governed by a recession, it’s …
The Obama Administration finally seems to have noticed that all of their policy announcements so far have only fueled economic despair, not alleviated it. So President Barack Obama took the rare opportunity yesterday of offering some investment advice to the American people: “What you’re now seeing is profit and earning …
Is still a tax. This notion is especially important now as more people are beginning to recognize what a cap-and-trade program to reduce carbon dioxide actually is: a heavy tax on energy consumption. The Wall Street Journal bluntly says, “If it brings in revenue that the government then spends, it’s …
