Charles and David Koch have launched a new website to weigh in on the on-going tussle with embattled Cato Institute President Ed Crane over the libertarian think tank’s disputed shareholders agreement. ForaBetterCato.com bills itself as “a presentation of facts on Charles Koch
In an interview with San Francisco Chronicle reporter Carla Marinucci, former Speaker of the House Nancy Pelosi (D-CA) says “without question” her proudest political accomplishment has been passing Obamacare. “It’s a very big deal,” said Pelosi. “It’s transformative.” In the
Last week, the Romney campaign scored a one-two punch with its surprise speech at Solyndra and its rapid-fire mobilization of a counter protest of Obama campaign strategist David Axelrod’s speech in Boston. But something else happened last week, something big.
Former Clinton Secretary of Labor Robert Reich has an unsettling message for 2012 college graduates: “You’re screwed.” The blistering verdict came as part Mr. Reich’s Sunday column addressed to “Members of the Class of 2012” wherein the former Labor secretary
The National Education Association (NEA) has enlisted 10,000 of its three million members to help reelect Barack Obama, says NEA President Dennis Van Roekel. “Theenthusiasm is there,” Mr. Roekel told Reuters. Last Wednesday, Mitt Romney took aim at teachers unions
On Sunday, former Clinton chief of staff Erskine Bowles of “Bowles-Simpson Commission” fame said he is not interested in becoming Barack Obama’s Treasury secretary. When asked about his name being among those on a short-list of possible appointees, Mr. Bowles
A bill that would close an IRS tax credit loophole that allows the IRS to funnel over $4 billion to illegal immigrants is being held up by Sen. Harry Reid (D-NV). Sen. Jeff Sessions (R-AL), a senior member of the
In a new Daily Beast article, Breitbart contributing editor Peter Schweizer argues that the Pentagon’s budget suffers from instances of serious waste and crony capitalism. Schweizer points to a Government Accountability Office (GAO) audit last year that found that mismanagement
The Obama Administration has signed a $20 million contract with top public relations firm Porter Novelli to sell citizens on the “benefits” of the unpopular Obamacare law. As Sen. Jim DeMint’s office points out, however, the new $20 million
An interactive and searchable database of White House visitor logs is turning up some interesting findings and reveals a “steady stream of lobbyists” visiting the Obama White House, reports the Washington Post. For example, AFL-CIO lobbyist Bill Samuel visited the
No Republican has ever won the presidency without carrying the state of Ohio. Given the state’s shale gas reserves, Ohio stands on the verge of a possible natural gas-backed economic and employment boom. Therefore, in an effort to block Mitt
In their latest Daily Beast article, Newsweekreporter Peter Boyer and contributing Breitbart News editor PeterSchweizer argue that JP Morgan Chase and Jamie Dimon have little to fearfrom the FBI’s probe into the financial giant’s nearly $3 billion badbet. For starters,
Facebook co-founder Eduardo Saverin may have gotten the short end of the stick from Mark Zuckerberg, but on Thursday, Sens. Charles Schumer and Bob Casey announced they plan to punish Mr. Saverin and other expatriates like him by slapping a
A graph by the Economic Policy Institute shows that while the relative pay of CEOs shot up in the 1990s, it has since fallen by nearly half, a trajectory that hardly supports the class warfare rhetoric of Occupy Wall Street
In February of 2005, Barack Obama invested more than $50,000 in a company called SkyTerra, later known as the wireless networking company LightSquared. According to the New York Times, Skyterra’s principal backers included four of Obama’s “friends and donors who had
Heeding the journalistic adage to “follow the money,” the Washington Post has found that every one out of six of President Obama’s top fundraising “bundlers” who have hauled in $500,000 or more publicly identify themselves as gay. The implications are
On Thursday, President Barack Obama said that Europe would be much better off had it just mimicked Mr. Obama’s economic moves: “We’ve still got headwinds. Europe is still … in a difficult state, partly because they didn’t take some of the decisive
Of the 13.3 million Americans who were unemployed in the first quarter of 2012, a staggering 29.5% have been out of work for 52 weeks or more (the official definition of long-term unemployment). As the Pew Charitable Trusts point out, that works
On Wednesday, Federal Reserve policy-setting panel member Sandra Pianalto said in a question and answer session that “with an economy that’s only gradually improving, it’s going to take us several years to achieve that mandate [of increasing jobs].” Ms. Pianalto said she
On Thursday, House Republicans are expected to vote on a bill that would save $242 billion over 10 years and apply those funds for a small increase in military spending in an attempt to soften the blow from the $1.2
So far, we’ve seen President Obama’s reelection team telegraph five central campaign “themes.” None of them has anything to do with his record as president, and all of them are nonstarters that are easily refuted by the facts: 1. Mitt Romney
The U.S. Federal Reserve estimates that of the 12 million American homeowners who have negative equity, 3 million–or 1 out of every 4–are borrowers with FHA-insured loans. Part of the problem, say experts, is the fact that FHA loans require minuscule down
The Ranking Member of the Senate Budget Committee Jeff Session’s (R-AL) valiant attempt to stop Congress from spending $34 billion above the Budget Control Act limits was defeated yesterday by a vote of 62-37. The fact that Sen. Sessions’s attempt to slow
In 2008, taxpayers spent $38 billion on food stamps. In 2013, that figure will be $82 billion. Since 2007, the number of Americans on food stamps has skyrocketed 70 percent to 45 million people–or one out of every seven people
