George Soros’ New Plan for Global Financial Regulation

What would you think if George Soros were organizing his fellow anti-American, globalist, neo-Marxist “thought leaders,” in pursuit of globally governed banking and finance, in a second Bretton Woods conference?

Would you consider that their goals include dragging American influence and incomes down, while confiscating much of our personal finances and giving them to other nations [...]

‘Are You Better Off Than You Were Four Years Ago?’

Ronald Reagan’s poignant question to then President Jimmy Carter during a debate in 1980 clinched the presidential election. Carter presided over one of the worst economies. The economy had tanked and inflation had skyrocketed. Additionally, Iranian radicals had held 52 Americans hostage for almost a year. But that’s nothing compared to our nation’s economic malaise [...]

Hatch-Lee Balanced Budget Amendment Is a Win for America

On Mar. 31, Senators Orrin Hatch and Mike Lee introduced a Balanced Budget Amendment (BBA) to make it a constitutional requirement for Washington, D.C., to end our deficit spending and culture of debt. And our national grassroots organization, Pass the Balanced Budget Amendment, is working with them to compel lawmakers to approve this change to [...]

GOP Leadership to Freshman: We’ll Stop Paying You if You Shut Down the Government

The Kabuki theater that is the debate over the federal budget took a weird turn this afternoon. The GOP-led House of Representatives passed HR 1255, the “Government Shutdown Prevention Act.” The measure is largely symbolic…it states that if the Democrat-led Senate and President Obama don’t act on $61 billion in cuts passed earlier this year [...]

Why You Should Care About The National Debt Ceiling

With the Federal government scheduled to shut down on April 8, Congress is not only debating where to spend trillions of dollars in the next fiscal year, but also whether to raise the roof, i.e. the debt ceiling.  The debt ceiling simply represents a cap on the total debt the U.S. government can hold, and [...]

English Riots, Faux Austerity, and Krugman’s Fairy Tale

London was just hit by heavy riots as part of a protest against the “deep” and “savage” budget cuts of the Cameron government. This is not the first time the U.K. has endured riots. The welfare lobby, bureaucrats, and other recipients of taxpayer largesse are becoming increasingly agitated that their gravy train may be derailed.

The [...]

Budget Battle Update: It’s About Preparing for the Inevitable Fight, not Forcing a Shutdown

According to news reports, Democrats and Republicans are unlikely to reach any sort of budget agreement before April 8, when a short-term spending bill for the current fiscal year expires.

Barring some new development, this could mean a shutdown of the non-essential parts of the government.
This makes both sides very nervous. Democrats don’t want the spending [...]

What Are Republicans Thinking?!?

I posted yesterday at International Liberty about the stunning political incompetence of Republican Senators, who reportedly are willing to give Obama an increase in the debt limit in exchange for a vote (yes, just a vote) on a balanced budget amendment.

As I explained, there is no way they can get the necessary two-thirds support to [...]

Hey, Let’s Tax People for the Miles They Drive

From The Hill:

The Congressional Budget Office (CBO) this week released a report that said taxing people based on how many miles they drive is a possible option for raising new revenues and that these taxes could be used to offset the costs of highway maintenance at a time when federal funds are short.
The report discussed the [...]

Government Motors: The Coming General Motors Failure Will Be At Taxpayer’s Expense

The Obama Administration has proclaimed TARP and the subsequent bailout for General Motors a great success. US Treasury Deputy Timothy Massad recently said, “Where we are today shows that the program, by any reasonably objective measure, was a success.” But is GM, now much derided as “Government Motors” the success that Obama says it is? [...]

EPA Is Now Using Taxpayer Dollars to Pay Lung Association to Attack Republicans

Your tax dollars at work…
The EPA is now paying the American Lung Association to attack Republicans

The ALA put up four billboards like this one near Rep. Fred Upton’s office in Michigan. Upton is the House Energy and Commerce Chairman. (PlowShareGroup)
The Environmental Protection Agency is paying the American Lung Association to run attack ads [...]

Are Republicans Winning the Budget Battle but Losing the Budget War?

Among advocates of limited government, there is growing unease about the fiscal fight in Washington.

This is not because anything bad has happened. Indeed, Democrats thus far have been acquiescing – at least on a temporary basis – to conservative demands for $61 billion of spending cuts over the rest of the current fiscal year. This [...]

Family Feud: Do Republicans Need A Therapist?

In the wake of the passage of a continuing resolution (C.R.) by the House and the Senate, that will keep the federal government running for another three weeks, Republican leaders and fiscally conservative members of Congress appear to be not getting along.
A group of 54 House Republicans voted against this latest C.R., which cut $6 [...]

Bush Was Not a Conservative

There’s an interesting debate in the blogosphere about whether President George W. Bush was a conservative (here’s a good summary of the discussion, along with lots of links, though I especially like this analysis since it cites my work.).
I’ve already explained that Bush was a statist rather than a conservative, and you can find additional [...]

A New Brand of Welfare Reform: Ending Earmarks

It’s been years since Wisconsin’s welfare reforms under Gov. Tommy Thompson inspired Congress to pass the Welfare Reform Act of 1996. Now, spurred to action by a looming $1 trillion federal budget deficit, a national debt of $14 trillion and a growing taxpayer rebellion, some members of Congress are taking a stand against the earmarks [...]

Drunk with Debt: St. Paddy’s Day Edition

What do St. Patrick’s Day and government spending have in common? Well, until we had anything to say about it, not much. As our friend Seamus eagerly displays, years of overspending have left us drunk with debt. And just as drinking more is the last thing you should do when you’re inebriated, spending more is [...]

Speaker Boehner needs to show America What Real Leadership Is

Americans delivered the House a record 63 Republican seats to ensure that the peoples’ voices would be heard.  And, while the voters thought their message was clear and received, now, it seems, the real battle ensues.

While Congress continues to kick the budget and debt can down the road and passes continuing resolutions to thwart a government shutdown, the Democrat [...]

Subsidized Energy-Saving Programs Pay Off Big for Nonprofit Provider

Funding from federal stimulus to Exxon leads to banner income in 2009 despite recession

The Minneapolis-based nonprofit Center for Energy and Environment (CEE) has marketed residential energy conservation programs under the slogan, “Save Energy, Save Money!” However, according to tax records on file with the Minnesota Attorney General, helping utility customers save energy and money on [...]

House Moves to Defund NPR

From Politico:

Meredith Shiner reports from the Hill that the House Rules committee will hold an emergency meeting Wednesday at 3 p.m. on H.R. 1076, the measure “to prohibit funding of National Public Radio and the use of Federal funds to acquire radio content.”
The bill, introduced by Rep. Doug Lamborn (R-CO), who has been spearheading efforts [...]

The Country Can’t Afford A GOP Loss On Taxes

Since the beginning of government, the ambition of those who spend money has rarely been matched by the ability of citizens to pay for government.  Modern day America, California or Greece are not exceptions to the rule, just examples of yesterday on a more grand scale today.  As perpetual as that problem is  - so [...]

Cutting Through Public Sector Pension Debate

The mind-numbing, esoteric mumbo jumbo that dominates so much of the reporting and commentary on public-sector pension funds seems designed to cause the tax-paying public to surrender and acquiesce to letting their civil servants or elected officials iron it out.  Well, unfortunately, that’s how we got into this mess in the first place. Fact is though; [...]

Poll Confirms America’s Entitlement Culture…Even Among Tea Partiers

The anti-government “throw-the-bums-out” crowds have had their chance to speak out on how to curtail the deficit and what to do with those hated entitlements that are the antithesis of the America they pine for. A recent WSJ/NBC News poll provided a glimpse of just how dependent on big government entitlements Americans have become–even [...]

Social Security, Snoopy Snoopy Poop Dogg, & Sen. Alan Simpson

It’s easy to laugh at former Sen. Alan Simpson’s bizarre malapropisms on Your World With Neil Cavuto. The Wyoming Republican appeard on the Fox News show earlier this week in his capacity as co-chairman of Barack Obama’s National Commission on Fiscal Responsibility and Reform. Early on in the segment (watch the whole interview [...]

Rep. Walden: NPR Would Suffer ‘Consequences’ for ‘Partisan Attitude’

From Politico:

The Republican’s top voice on tech and telecom issues says National Public Radio will suffer a “consequence” on Capitol Hill if “there’s this attitude inside the organization that would appear to be as partisan as what’s come out.”
Rep. Greg Walden (R-Ore.), the chairman of the House Energy and Commerce Subcommittee on Communications and Technology, [...]

Tax Increases Will Lead to More Spending, Not Lower Deficits

There’s a significant debate now taking place in Washington – largely behind closed doors, but sometimes covered by the media – on whether fiscal conservatives should maintain a rigid no-tax-increase position. One side of the debate features Grover Norquist of Americans for Tax Reform, which is the organization that maintains the no-tax increase pledge. The [...]

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