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Obama: Is He Shockingly Uninformed?
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Capitol Comment

Obama: Is He Shockingly Uninformed?

As I have previously pointed out, if you can successfully divorce the cool persona from the words he speaks, President Obama plainly and often tells us exactly what he thinks, believes and intends. And when you listen to or read the words he says, it becomes abundantly clear that he is dedicated to a big government solution for every problem - whether real or imaginary.

09/19/2012
Happy Deficit Day 2012!
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Happy Deficit Day 2012!

September 10th, 2012 is National Deficit Day. That means that September 10th is the date on which the United States government is out of money for the year. Every single penny they spend for the rest of the year, explain economists James Harrington and Antony Davies, will be added to our debt. Deficit Day should ideally be on January 31st.

09/11/2012
California School District to Spend $1 Billion to borrow $105 Million
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California School District to Spend $1 Billion to borrow $105 Million

California has lost 600,000 jobs in the last decade and has a $26 billion deficit. Their public schools aren’t performing well, with lower grades and graduation rates than students in other states. It makes sense that a community would want to invest in education, but one would expect reasonable return on investment.

08/13/2012
Joint Letter Supporting Point of Order Against Senate Budget Committee Chairman Kent Conrad's Spending Limits
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Joint Letter Supporting Point of Order Against Senate Budget Committee Chairman Kent Conrad's Spending Limits

Dear Senator, We are deeply concerned that Senate Budget Committee Chairman Kent Conrad (D-N.D.) is prepared to exceed the overall spending limit set out in the Budget Control Act of 2011 (BCA).  In the absence of the Senate adopting a budget for fiscal year (FY) 2013, the BCA requires the Senate Budget Committee Chairman to establish spending limit in line with the March 2012 Congressional Budget Office (CBO) baseline.

07/23/2012
US Economy threatened in wake of Obama's Taxmageddon
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US Economy threatened in wake of Obama's Taxmageddon

Obama seems to have one goal in mind this election: creating an even greater gap between Republicans and Democrats. I must admit, he’s doing a great job of it, stoking class warfare and feeding the media and his supporters left-wing lies. Did you hear the GOP is nothing but a bunch of wealthy and corrupt people that have no interest in the good of the lower and middle class citizens?

07/13/2012
The National Debt in Perspective
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The National Debt in Perspective

The national debt is at $15.8 trillion dollars. It is roughly 7 times that amount when the unfunded liabilities of Social Security, Medicare, and Medicaid are factored in. These numbers are so large that it is often difficult to grasp.

07/11/2012
The Canary in The Coal Mine Is Gasping For Air
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The Canary in The Coal Mine Is Gasping For Air

The Coal Mine Canary Is Gasping For AirBy: Jim Hoft and Andrea Ryan

06/23/2012
MarketWatch Says Obama's Spending Binge Never Happened, Keeps Straight Face
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Capitol Comment

MarketWatch Says Obama's Spending Binge Never Happened, Keeps Straight Face

Just when you thought media bias couldn't possibly be more blatant, along comes this article from MarketWatch, a purportedly trusted source of Wall Street news. (Never mind that MarketWatch is operated by CBS, who should change their acronym to Cooing Barack Supporters ... but I digress).This article so blatantly misrepresents the facts that it's difficult to know where to start:By Rex Nutting, MarketWatch

05/23/2012
Political Accounting Gimmicks are Destroying America
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Political Accounting Gimmicks are Destroying America

Democracy and Power 108: Obfuscation Wherever politics intrudes upon economic life, political success is readily attained by saying what people like to hear rather than what is demonstrably true. Instead of safeguarding truth and honesty, the state then tends to become a major source of insincerity and mendacity. – Hans F. Sennholz

05/06/2012
Obama Burdens America’s Children with $5 trillion more Debt
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Obama Burdens America’s Children with $5 trillion more Debt

Democracy and Power 104: Future Debt Burden  

02/05/2012

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