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Breitbart-Led Ban on Lawmaker Insider Trading Passes Congress

Breitbart-Led Ban on Lawmaker Insider Trading Passes Congress

Breitbart editor Peter Schweizer and the late Andrew Breitbart spent roughly six months coordinating an effort to ban members of Congress from using nonpublic information to profit themselves. On Thursday, their combined efforts came to fruition when the STOCK (Stop

Study: $12.50 Gas Would Make Chevy Volt Cost-Effective

Study: $12.50 Gas Would Make Chevy Volt Cost-Effective

President Barack Obama has said that, upon leaving office after his second term, he plans to buy an electric Chevy Volt. But according to the Lundberg Survey, the price of a gallon of gas would need to rise to $12.50 before the Volt

Harry Reid Grinds STOCK Act to a Halt

Harry Reid Grinds STOCK Act to a Halt

The bill that was to ban members of Congress from using nonpublic information to profit their private investments has ground to a halt due to inaction by Senate Majority Leader Harry Reid (D-NV), reports The Hill newspaper: One thing is clear:

Is the CBO Engaged in Partisan Manipulation of Data?

Is the CBO Engaged in Partisan Manipulation of Data?

Economist Lan T. Pham says she was fired from the Congressional Budget Office for “producing work at odds with Wall Street research favored by her supervisors,” reports the Wall Street Journal. In a letter written to Sen. Charles Grassley, Ms. Pham says that

Obama: $2.50 a Gallon Gas Is a Lie

Obama: $2.50 a Gallon Gas Is a Lie

On Monday, reporter Greg Warmoth of WFTV asked President Barack Obama what he thought about the GOP claim popularized by Newt Gingrich that, if elected, the price of gas could be brought down to $2.50 a gallon. ‘Your opponents say they can

Obama Makes 4 Misleading Gas Statements in One Week

Obama Makes 4 Misleading Gas Statements in One Week

President Barack Obama continues to struggle with Americans’ growing ire over soaring gas prices–the highest ever at this time of year. Part of Mr. Obama’s challenge is that he continues to make misleading statements that only conflate his growing problems on gas

Sen. Graham: GOP Race 'Mathematically' Over

Sen. Graham: GOP Race 'Mathematically' Over

On Sunday, Sen. Lindsey Graham (R-SC) said that the Republican presidential race is “mathematically” over and that former Massachusetts Governor Mitt Romney is all but assured to be the GOP’s nominee. “Mathematically, Rick would have to win 75 percent of what remains,”

Obama Staffs White House with Top Donors

Obama Staffs White House with Top Donors

Over half of the President Obama’s 47 top fundraisers–individuals who helped bag a minimum of $500,000 for his presidential campaign–have been given jobs in the Obama White House. The latest revelation of crony capitalism, which was reported by the Washington Post, also

Harry Reid Signals He May Gut Insider Trading Bill

The bill spearheaded by Breitbart editor Peter Schweizer banning members of Congress from using nonpublic information to profit their personal investments may hit a wall in the form of Sen. Harry Reid (D-NV). On Monday, Mr. Reid indicated that he may simply accept the

GM Halts Production of Chevy Volt and Lays Off 1,300 Workers

On Friday, General Motors announced that it will temporarily suspend production of the Chevy Volt and temporarily lay off 1,300 workers associated with the electric car.Three days prior to GM’s decision to halt production of the Volt, President Barack Obama

GAO Report: $400 Billion Wasted Annually On 1,500 Programs

GAO Report: $400 Billion Wasted Annually On 1,500 Programs

On Tuesday, the Government Accountability Office released a report uncovering $400 billion of wasteful federal spending on 1,500 duplicative, fragmented, or inefficient government programs. From the GAO report: This year, GAO identified 32 new areas of duplication and 19 additional

SEC Chief Says STOCK Act Is Good, Not Sure It Can Be Enforced

SEC Chief Says STOCK Act Is Good, Not Sure It Can Be Enforced

On Wednesday, Chairwoman of the Securities and Exchange Commission Mary Schapiro said she welcomed the STOCK (Stop Trading On Congressional Knowledge) Act banning members of Congress from using nonpublic information to make their investments but was unsure the SEC could

Obama Supporter Chris Tucker Owes $12 Million in Taxes

Funny man Chris Tucker owes the IRS a whopping $11,571,909.26 million in unpaid taxes.  He owes the state of Georgia’s Department of Revenue another $592,594.82, reports TMZ. Grand total: $12,164,504.08. [youtube y9WGUjDF7vk] Given Mr. Tucker’s 2008 staunch support for Barack Obama’s