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There should be some rule in politics for the less discerning that says: if you're going to attempt a political coup, you better make sure you win, or at least come close. There's a valuable lesson to be learned from yesterday's attempt to fire Speaker Boehner, a "teachable moment," if you will. How 27 members of Congress thought they could unseat Boehner on their own, is well, curious. Not to mention incredibly unrealistic.
It's the end of the year 2012 and we Americans have found ourselves in a country vastly different from the America intended. The independent, self-made spirit that lead us to sovereignty and put us in the books as the only country founded on an idea, is now one of a grossly intrusive government. We have moved from a Declaration of Independence, absolving loyalty to any tyrannical ruler who dared dictate our rights and privileges to a culture of dependence that holds in high regard the very state we once found deplorable.
Add General Motors to the list of government failures taxpayers are continuing to fund. As though it weren't egregious enough that the government meddled in private industry in the most intrustive of fashions, the auto bailout that was supposed to save GM will cost taxpayers billions. Wednesday, the Treasury announced they'll be selling 40% of the GM stock they hold or 200 million shares back to GM.
$150 million for Alaskan fisheries, $2 million to the Smithsonian to repair roofs and $8 million to Homeland Security and the Justice Department to buy cars. And that's just the start. No, this is not Stimulus Part 2, this is the Hurricane Sandy Relief Bill, rightfully dubbed the "Sandy Scam." As Matt Kibbe pointed out earlier, the Sandy Scam Bill whose total price tag is $60.4 billion, also contains:
Also known as the "nuclear option," Senate Democrats are gunning for parliamentary rule changes that would silence the Senate minority and along with them, their constituents.
Monday, the AFL-CIO sent an email calling for candlelight vigils. These vigils were to be held at the offices of Republican Congressional representatives nation-wide. "Working families will make clear we need to protect Medicare, Medicaid, and Social Security benefits, and we won’t sacrifice our security so the richest 2% can get more tax breaks," the organizing site explained.
Friday's job reports seemed to bring good news. All the headlines reported, "unemployment rates at lowest level since 2008." While that's certainly not false, it's also not the entire story.
The EPA's latest biofuel initiative may cause substantial damage to vehicles, but why let the effects of bad policy get in the way of implementing unnecessary, burdensome policy?
Student loan debt has risen to approximately $1 trillion, surpassing America's credit card debt. In the midst of prolonged economic downturn, the cost of higher education continues to creep upwards. In an effort to mitigate the looming damage of a deflated higher education bubble, Texas Governor, Rick Perry, asked Texas colleges to come up with a way to provide a $10,000 college degree. It's been a year since Governor Perry issued the charge and several colleges have risen to the challenge.