Part I Part II Part III Those who are impressed by words seem to think that President Barack Obama made a great speech to Congress last week. But, when you look beyond the rhetoric, what did he say that was fundamentally different from what he has been saying and doing all along? Are we to continue doing the same kinds of things that have failed again and again, just because ... MORE
Showing posts with label bailout. Show all posts
Showing posts with label bailout. Show all posts
Thomas Sowell: Back To The Future
Part I Part II Part III Those who are impressed by words seem to think that President Barack Obama made a great speech to Congress last week. But, when you look beyond the rhetoric, what did he say that was fundamentally different from what he has been saying and doing all along? Are we to continue doing the same kinds of things that have failed again and again, just because ... MOREChad Stafko: The Great Obama Welfare State
Government dependence is at an all-time high. Much has changed in America since Barack Obama was sworn into office as the 44th president of the United States on January 20, 2009. In less than 1,000 days as chief executive of the U.S., President Obama's failed policies and initiatives have resulted in a dizzying array of dismal economic statistics. As it stands now, Obama ... MOREJacob Feldman: Government Consumes American Earnings
Americans work so politicians can spend. Each year Americans for Tax Reform Foundation authors the Cost of Government Day (COGD) report which measures the number of days worked to pay off the annual burden of government spending and regulation. In 2011, Americans have to work 224 days (through August 12) to support the government Goliath. For the third ... MOREAudit of Federal Reserve: $16 Trillion In Secret Bailouts
Ever wonder what legalized plunder looks like? The first ever GAO(Government Accountability Office) audit of the Federal Reserve was carried out in the past few months due to the Ron Paul, Alan Grayson Amendment to the Dodd-Frank bill, which passed last year. Jim DeMint, a Republican Senator, and Bernie Sanders, an independent Senator, led the charge for a Federal ... MOREShikha Dalmia: Driving To Delusionville
Obama's former auto czar in deep denial about bailout. The former Obama auto czar, Ron Bloom, was on Capitol Hill last week telling Congress what a grand bargain the auto bailout has turned out to be for taxpayers. (His testimony should be on the Syfy channel.) But much was missing from his story that he might have heard if he had hung around for the next panel ... MOREGeneral Motors Will Never Repay Taxpayers
by Shikha Dalmia. The Obama administration, and its media backers, have seized upon news that General Motors made a $3.2 billion profit in the first quarter of 2011 as proof positive that its auto bailout is a success. President Obama is so buoyed that he is reportedly planning to make the bailout a major part of his reelection campaign. But by this standard, Charlie Sheen ... MORE
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