I got a copy of the GOP’s proposal for economic recovery from California’s Rep. Howard McKeon’s office. Now this is a stimulus package! Republican Economic Recovery Plan Immediate Tax Relief for Working Families: Rather than a refundable credit based on payroll taxes, House Republicans propose reducing the lowest individual tax rates from 15% to 10% [...]
Archive for January, 2009
30 Jan
Military Commissions Must Obey President’s Directive, Official Says
Here’s further proof that under Obama, you’re not in Kansas anymore, Dorothy. In fact, Obama reminds me of the Wizard of Oz scene where the man behind the curtain is exposed and — continuing to pretend he’s the Great and Powerful Wizard of Oz — he tells Dorothy, the Scarecrow, the Tin Man and the [...]
30 Jan
Obama Will Give Small Business Contracts to Fortune 500 Firms and Venture Capitalists
President Barack Obama has dropped a campaign promise he made to small businesses in February of 2008 when he said, “98 percent of all American companies have fewer than 100 employees. Over half of all Americans work for a small business. Small businesses are the backbone of our nation’s economy and we must protect this [...]
30 Jan
Conservatives Outraged: ACORN’s Stimulus Cash
On Friday, House Republican Leader John Boehner raised the alarm with the discoverey that, buried in the trillion-dollar spending bill approved last week in the House Appropriations Committee was a provision for more than 4 billion dollars to go to “neighborhood stabilization activities.” Last week liberal Democrats slipped into the so-called “economic stimulus” bill a [...]
30 Jan
New Bank Bailout Could Cost $2 Trillion
Government officials seeking to revamp the U.S. financial bailout have discussed spending another $1 trillion to $2 trillion to help restore banks to health, according to people familiar with the matter. President Barack Obama’s new administration is wrestling with how to stem the continuing loss of confidence in the financial system, as it divides up [...]
29 Jan
The New Era of Gangsterism
Fundamental rules of society seem to be breaking down. In the financial world, the Wall Street frauds broke all the rules, paid off all the regulators, bilked billions and billions from investors who were only slightly less greedy than they were, and as a result they seemed to have succeeded in destroying the u s [...]
29 Jan
Open Soros
For years now George Soros has been trying to take over the political machinery of the United States of America, and now he appears to have been successful, he has the ear of Barrack Obama. And today in an article he wrote that to prevent the U.S Economy from sliding into a depression, Obama must [...]
29 Jan
Conflict of interest: Why CNBC is promoting the confirmation of a tax cheat
Art Cashin, one of the talking heads on CNBC, said early on Thursday morning that the stock market was going down in part because of a lack of confidence caused by the failure of the Senate to quickly confirm Timothy Geithner as Treasury Secretary. This was the party line of the Wall Street insiders who [...]
29 Jan
Freeing American Entrepreuners to Compete in Global Market
Tax reform, not reckless government spending, is the way to revive the ailing U.S. economy. American entrepreneurs and businesses carry heavy taxes on their backs as they compete in the global marketplace, from India to China and Canada to Russia. Other nations followed the U.S. example in 1986 by cutting tax rates on businesses so [...]
29 Jan
More Nuclear Energy, Less Nuclear Waste
Another reason we need a free market approach to managing nuclear waste in the United States: “Physicists at The University of Texas at Austin have designed a new system that, when fully developed, would use fusion to eliminate most of the transuranic waste produced by nuclear power plants. The physicists’ new invention could drastically decrease [...]
