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 …
Yesterday, just days after President Barack Obama signed his economic stimulus measure, the White House released a statement claiming credit for the reopening of a window and door factory in Chicago. Vice President Joe Biden said, “The reopening of this factory and the rehiring of these workers provide an excellent …
Classic Tax and Spend Budget Increase, Raise and Hike: The President’s budget proposal increases taxes by $1.3 trillion; raises entitlement spending by $700 billion (including the health care fund), and hikes discretionary spending by a steep 12%. Creating Deficits, Not Eliminating Them: Given the budget deficit has already quadrupled in …
In last night’s speech, President Obama remarked, “So I ask this Congress to send me legislation that places a market-based cap on carbon pollution and drives the production of more renewable energy in America.” Today the House Committee on Ways and Means held a hearing on the scientific objectives for …
[youtube]http://www.youtube.com/watch?v=QKzZJoPu1OQ[/youtube] Some worried D.C. schoolchildren recently asked President Obama to continue the highly successful D.C . Opportunity Scholarship Program. The program, which allows parents the choice to to take their children out of failing public schools, is in danger of being scrapped completely after the 2010 school year. Ignoring the pleas …
If so, give credit where credit is due. White House spokesman Ben LaBolt told FOXNews.com, As the president stated during the campaign, he does not believe the Fairness Doctrine should be reinstated.” The full story is here. For very good analysis of The Fairness Doctrine, see here and here.
Fresh off receiving taxpayer money to stay afloat for a few more months and to submit a new business plan for economic sustainability, automakers now face a steeper hill to climb. President Obama has directed federal regulators on Monday to move swiftly on an application by California and 13 other …
