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    Everything Must Go!!!

    Jon Stewart wasn’t the only one to make fun of the Obama Administration for turning the White House into a car dealership. Jay Leno was on the case too: [youtube]http://www.youtube.com/watch?v=d0FJxC2DE_4&feature=channel_page[/youtube] Leno’s entire monologue should eventually be viewable here.

    Auto Loans for Everybody!

    George Mason University economics professor Russell Roberts has a line by line rebuttal of President Barack Obama’s auto sales pitch from yesterday. Read the whole thing, but we liked this paragraph the best: Therefore, to support demand for auto sales during this period, I’m directing my team to take several … More

    Morning Bell: Car Salesman in Chief

    On April 8, 1952, President Harry Truman ordered Commerce Secretary Charles Sawyer to seize and take over operation of most of the country’s steel mills. Truman cited no legislative authority for his actions. Instead, he cited the Korean War. Truman claimed there was a national emergency and his presidential war … More

    Morning Bell: Our Economic Freedom Has Been Sacrificed

    Yesterday on Face the Nation, CBS’s Bob Schieffer asked President Barack Obama: Mr. President, you’re scheduled to announce on Monday what you plan to do with the auto industry as they’re asking for more federal money. … You’ve told them they’re gonna have to cut back, present a different business … More

    The Bailout Parade Continues

    First Washington decided auto makers needed bailing out, next it was auto parts suppliers, not to mention “too big” insurance companies. Now one Congressman is proposing federal bailouts for individual auto dealers. At today’s House Financial Services Committee hearing one Congressman floated a new proposal: Federal Floor Plan Financing. Auto … More

    Geithner's Flawed, but not Larcenous, Bailout Plan

    Commenting on Treasury Secretary Timothy Geithner’s latest bank bailout plan, Nobel Prize-winning economist Joseph Stiglitz told Reuters: Quite frankly, this amounts to robbery of the American people. I don’t think it’s going to work because I think there’ll be a lot of anger about putting the losses so much on … More

    If Only We Were More Like Sweden

    “We are the United States of America, we are not Sweden.” U.S. Treasury Secretary Timothy Geithner, March 23, 2009. “The Swedish state is not prepared to own car factories.” Swedish enterprise minister Maud Olofsson, March 22, 2009. “Today, Treasury Secretary Tim Geithner and National Economic Council (NEC) Director Larry Summers … More

    Morning Bell: Would You Do Business with this Government?

    This Saturday a bus filled with about 40 people pulled into a cul-de-sac in Fairfield County, Connecticut where a pastor and a steelworker disembarked and made their way to the front door of one of the large homes in the neighborhood. The protestors did not make it to the door … More

    House Republicans Show the Search for Principles Goes On

    In Thursday’s outraged House debate on the AIG bonuses, House Republicans rallied around a different approach. Members of both parties in the House and Senate have taken the tack of proposing to tax these bonuses through targeted, retroactive taxation. This is the substance of the bill that passed the House … More

    Stop the Bailouts

    When you do a Google news search for “TARP” there is a common theme throughout the results: more and more banks want to repay the money. The reason for the change of heart, it fuels government power within the financial markets and tax payers have had enough and rightfully so. … More