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Tag: Congress

Looming Treasury 'Default': Theater of the Absurd

For weeks, we have been treated to comic opera in D.C.’s theater of the politically and economically absurd. On the stage, the actors–President Obama, the Secretary of the Treasury, congressional leaders–hop about, shouting moronic lines about the national “default” that

Liberals Don't Know What They Don't Know

A wealth manager, appropriately enough, once told me that when it came to life, information came in three categories: What you know, what you don’t know, and what you don’t know that you don’t know. It is the last category

Sound Bite For the Day: Kids In the Back Seat

Via: CHRIS MATTHEWS: Country on the brink. Let’s play Hardball! Good evening I’m Chris Matthews, up in New York. Let me start tonight with the civil war going on in Washington today. It’s not North versus South or even Right

Unnecessary Government Intervention

In 1879, Thomas Edison developed the incandescent light bulb with a small carbonized filament and a vacuum inside a globe. An electric lighting system was born–as convenient, safe and economical of a choice for consumers in his day as it

Seven Myths About the Looming Debt-Ceiling 'Disaster'

If Congress and the president don’t raise the debt ceiling, the consequences will be disastrous, politicians and pundits tell us, — the equivalent of an economic Armageddon. And President Obama warns that the consequences are so dire that he cannot

Obama Administration STILL Bankrolling ACORN

ACORN employees have been nailed time and time again for fraudulently registering voters (including Mickey Mouse and the Dallas Cowboys football team) — allegedly for the purpose of sweeping Democrats into office. They were caught on tape advising undercover reporters

'We Are Running Out of Time'

President Barack Obama said Congress has a ‘unique opportunity to do something big’ and stabilize the U.S. economy for decades by cutting deficits at the same time it raises the national debt limit ahead of a critical Aug. 2 deadline.

Arab World Gives Obama Thumbs Down: Poll

Arab world opinion of the U.S. and President Obama … has dropped to an all time low. —dailycaller.com, 7/14/2011 This has to be understood for what it is: With the election of Barack Hussein Obama, the Arabs had every reason

US Navy Is Not Ready For War

From Department of Defense Buzz: “A pair of top Navy officials admitted Tuesday that its endemic readiness problems are basically unresolved — and may keep getting worse — before the service’s plans to fix its surface fleet finally take effect.

Obama's Debt Rebellion

Republicans in Congress are hewing to the best traditions of the founders of the nation, and the founders of their own party, in their effort to keep a lid on federal borrowing. The idea that there is some constitutional bar

Default Is the Enemy of the Social Welfare State

We were viciously criticized as naïve in April for heralding “The Death of the American Social Welfare State“. Yet the failure this weekend of the supposedly $4 trillion deficit reduction “grand compromise”; with President Obama offering to cut $100 billion

More Political Decision-Making at Justice?

Did the Obama Justice Department refuse to prosecute a radical Muslim with alleged terrorist ties for political reasons? That question is at the center of a new Judicial Watch investigation. Recently we filed a lawsuit against the DOJ for failing