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The Ex-Im Bank: Do You Side With Hillary, Warren, and Reid?

The United States Export-Import Bank was founded in 1934 as yet another one of FDR’s misguided “New Deal” programs. For the past 80 years, the Bank has been an instrument of corporate welfare, handing out taxpayer-backed loans to big corporations and special interest projects, such as green energy.

02/18/2015
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Elizabeth Warren is totally fine with being kept in the dark by the Federal Reserve

Sen. Elizabeth Warren (D-MA) has become the populist darling of the far-left by successfully portraying herself to be a vocal opponent of Wall Street and big financial institutions, as well as a hardcore supporter of onerous financial regulations, the costs of which are passed on to American consumers. Her anti-cronyism image, though, isn't all it's cracked up to be.

02/11/2015
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If Elizabeth Warren is So Anti-Wall Street, Why Does She Support the Ex-Im Bank?

Senator Elizabeth Warren (D-Mass.) has a populist reputation of being anti-Wall Street. Last week, she nearly threatened to shut down the government because the Omnibus bill would repeal a section in the Dodd-Frank financial regulation bill that passed in 2010.

12/15/2014
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Chuck Schumer: Democrats need to rally behind "strong and active government"

It's a little late for a mea culpa on ObamaCare, but Sen. Chuck Schumer (D-NY) offered one during a speech at the National Press Club on Tuesday. Well, sort of. The third-highest ranking Senate Democrat says that his party should've focused on the economy in 2009 rather than ramming ObamaCare through Congress.

11/26/2014
"Obama's Student Loan Plan Mirros the Housing Crisis"
"Remember what happened last time government interfered with interest rates?"
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Obama's Student Loan Plan Mirrors the Housing Crisis

As I wrote some time ago, the market for student loans is a mess that is rapidly heading for a painful correction. The Obama administration’s misguided quest to provide higher education for all has distorted the cost calculations of college to a devastating degree. Yet, rather than recognize the dangerous bubble he has created, the president is now doubling down—backing a policy dreamed up by Elizabeth Warren to allow the refinancing of student loans en masse at current interest rates, and making up the cost with the “Buffet Rule,” a special provision that would ensure that millionaires pay a minimum income tax rate.

06/10/2014
President Obama’s Budget: Hardly a “Grand Bargain”
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President Obama’s Budget: Hardly a “Grand Bargain”

Like malfunctioning clockwork, President Barack Obama's new budget proposal has arrived (a little late) to provide us all with some comic relief. Aptly referred to as a "fantasyland" by POLITICO's David Nather, President Obama's budget hikes taxes, expands federal interference in education, increases the minimum wage, and bails out another federal agency. Sound appealing?

04/14/2013