We live in the gilded age of crony capitalism. If you have any doubt about that fact look no further than Elon Musk’s purchase of a $17 million mansion in Bel Air, California. Who is Elon Musk? He struck it
By DAVID ESPOAP Special CorrespondentWASHINGTONMore than 10 weeks after Superstorm Sandy brutalized parts of the heavily populated Northeast, the House approved $50.7 billion in emergency relief for the victims Tuesday night as Republican leaders struggled to close out an episode
Senate Majority Leader Harry Reid (D., Nev.) appeared on a local Reno program with Jim Rogers and former Nevada first lady Dawn Gibbons to talk about Reid’s time spent with President Obama. After several minutes of Reid and Rogers fawning
During his Monday press conference, Barack Obama bizarrely claimed he needs to raise the debt ceiling because Congress won’t stop ordering him to spend money: This is a matter of Congress authorizes spending. They order me to spend. They tell
Speaking to CNN on Jan 14, Democrat Rep. Jackie Speier (D-CA) tried to justify pending gun grabs by saying, “There is, in fact, a mass killing in [the U.S.] everyday.” Speier is one of 12 Democrat Reps who met with VP
According to figures obtained under the Freedom of Information Act, the U.S. Postal Service spent nearly $32 million to sponsor Lance Armstrong’s cycling team from 2001 to 2004 and $40 million overall from 1994 to 2004. ESPN, which obtained some
Sen. Rand Paul (R-Kentucky) “I’m against having a king. I think having a monarch is what we fought the American Revolution over and someone who wants to bypass the Constitution, bypass Congress — that’s someone who wants to act like
President Barack Obama will not have his budget completed in time to meet the legally-required February 4th deadline. “The administration was forced to delay some of its FY 2014 budget preparations, which in turn will delay the budget’s submission
(AP) Sandy aid package moving toward House votesBy ANDREW MIGAAssociated PressWASHINGTONNortheastern lawmakers hoping to push a $50.7 billion Superstorm Sandy aid package through the House face roadblocks by fiscal conservatives seeking offsetting spending cuts to pay for recovery efforts as
(AP) Gingrich: GOP unwise to pick fight on debt limitWASHINGTONFormer House Speaker Newt Gingrich says House Republicans are making a mistake by using the issue of increasing the borrowing limit to challenge President Barack Obama on spending issues. Gingrich tells
In the final press conference of his first term, President Obama re-enforced his strong preference for an imperial presidency when he said he wouldn’t negotiate over the debt ceiling … again. This has been a favorite tactic of the president’s:
Mark Levin “I’m not into imperial presidents who act imperial and speak imperial and Obama forgets there’s a Constitution. Yeah he keeps telling us he won reelection. Congratulations. But guess what, the Constitution wasn’t up for election. It’s not up
Over the holidays, while the American people were busy celebrating Christmas and New Year, the House Ethics Committee quietly swept a major political scandal under the rug. You may recall the Countrywide Financial influence-peddling scandal, where at least a dozen
On the heels of the embattled Jesse Jackson, Jr.’s resignation from Congress, his wife, Sandi Jackson, has now too resigned from her post as the alderwoman in Chicago. Just one month ago, Ms. Jackson denied reports that she was considering stepping
In the final press conference of his first term, President Barack Obama made the following claim: “America cannot afford another debate with this Congress about whether or not they should pay the bills they’ve already racked up.” Major Garrett of
President Obama took to the bully pulpit today to once again warn that he would high-handedly refuse to negotiate over the debt ceiling if the Republicans insisted on further cuts without yet more tax increases. Then he had the temerity
The US is approaching its own “triple witching hour”, when we hit the debt ceiling, automatic spending cuts are triggered, and the government’s continuing resolution spending authority expires. The confluence puts in stark relief the government’s unsustainable spending habit. It
The Atlanta Falcons and the Georgia World Congress Center Authority want replace the Georgia Dome, the stadium that will host this Sunday’s NFC championship game between the Atlanta Falcons and San Francisco 49ers, with a new stadium with a retractable
(AP) NRA says Congress will not pass weapons banBy EILEEN SULLIVANAssociated PressWASHINGTONAs Vice President Joe Biden finalizes a package of recommendations for the president to curb gun violence, the National Rifle Association predicted that Congress is likely to block any
The unresolved debt ceiling debate, the looming sequestration, and the expiration of the current continuing spending resolution may all combine to create “a perfect storm of budget uncertainty,” said Defense Secretary Leon Panetta during a Pentagon briefing last week. “The
Chuck Hagel’s nomination as Secretary of Defense has provoked opposition due to his perceived hostility towards Israel, his posture of appeasement towards Iran, and his objection to the successful Iraq surge. He supports global nuclear disarmament, having signed onto the
The Hartford Courant is reporting that the state Senate Republican Leader in Connecticut is sponsoring a bill to ban ammunition magazines for rifles that contain more than 10 bullets. In a bipartisan effort, Senator John McKinney (R-Fairfield), whose district includes
US Immigration and Customs Enforcement agents detained DREAM Act advocate Erika Andiola’s mother and brother because of a deportation order dating back to 1998. After a tearful plea on YouTube and outcry on social media both were released on Friday
(AP) Critics complain Sandy aid tied to other projectsBy ANDREW MIGAAssociated PressWASHINGTONConservatives and watchdog groups are mounting a “not-so-fast” campaign against a $50.7 billion Superstorm Sandy aid package that Northeastern governors and lawmakers hope to push through the House this
In a clearly articulated, illuminating piece in Friday’s Wall Street Journal, authors David B. Rivkin and Lee A. Casey convincingly make the case that there are three prevalent myths bandied about by the Obama Administration with regard to the debt
