President Obama just spoke about the downgrade and his remarks were very disappointing. He uttered some empty platitudes, offered no plan, (amazingly) called for more government spending, and continued his advocacy of class-warfare taxation. So what does this mean? Other
by Dan Mitchell8 Aug 2011, 12:53 PM PST0
Former White Advisor turned Presidential Campaign Strategist David Axelrod appeared on CBS’s Face the Nation this past Sunday and actually tried to blame the Tea Party for the historical downgrade in America’s credit rating by Standard and and Poor’s. Axelrod
by Kevin L. Martin8 Aug 2011, 10:04 AM PST0
As if the capitulation of the Republicans in Washington was not depressing enough, it too often seems like we can’t even find a decent movie to look forward to seeing. Of course, most of us are not in Hollywood’s target
by Kurt Schlichter8 Aug 2011, 4:59 AM PST0
The late Friday Standard & Poor’s report (PDF) downgrading U.S. debt from AAA to AA+, with negative outlook, has raised anger and anxiety around the world, and led to a feeling that the deterioration of the global financial system is
by John J. Xenakis7 Aug 2011, 1:19 PM PST0
On the evening of Aug. 8th, Jews across the world begin their observance of the fast of Tisha B’Av, mourning the loss of the two Jerusalem Temples (and many more calamities to the Jewish people). The Talmud tells us the
by Jeff Dunetz6 Aug 2011, 3:00 PM PST0
Candidate Obama said he would “transform the Untied States of America” and unfortunately this is the one promise he kept. Two and one half years into his presidency, the National Debt has climbed to 100% of our Gross Domestic Product
by Robert Allen Bonelli6 Aug 2011, 2:01 PM PST0
The agreement to force Congress to have an up or down vote on a Balanced Budget Amendment is the cornerstone of re-establishing America as the world leader in sound economic policy. For decades, America’s small government model was internationally respected
by Chriss W. Street5 Aug 2011, 1:19 PM PST0
[audio: http://newledger.com/podcasts/CoffeeandMarkets080511.mp3] Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Senator Mike Lee to discuss the debt ceiling deal, and his new book, The Freedom Agenda:
by The New Ledger5 Aug 2011, 8:50 AM PST0
Senator Rubio continues to impress with his Reagan-like efforts to restrain government and promote growth. His latest initiative is legislation to curtail rogue IRS bureaucrats who are seeking to use regulatory edicts to overturn 90 years of law. Here are
by Dan Mitchell5 Aug 2011, 6:01 AM PST0
European courts brought more bad news to Google’s recent reign of error as Switzerland’s top Court ruled that Google’s Street View mapping service violated the privacy of its citizens forcing Google to blur faces and license plate numbers before putting
by Capitol Confidential4 Aug 2011, 1:43 PM PST0
Attorney General Eric Holder has a peculiar tendency to set loose militant black panthers. Everyone is already familiar with the dismissal of the voter intimidation case I brought as a Justice Department attorney. There, the DOJ dropped claims against Malik
by J. Christian Adams4 Aug 2011, 10:23 AM PST0
[audio: http://newledger.com/podcasts/CoffeeandMarkets080411.mp3] Download Podcast | iTunes | Podcast Feed On today’s edition of Coffee and Markets, Brad Jackson and Ben Domenech are joined by Senator Jim DeMint to discuss the fallout from the debt ceiling debate, the danger of Congress’
by The New Ledger4 Aug 2011, 9:54 AM PST0
INTRODUCTION I. Whoever Controls “The Narrative,” Controls the National Political Conversation When it comes to most of today’s mainstream media we are no longer talking about an entity that reports truth or facts. Everything about the MSM is now about
by John Nolte4 Aug 2011, 7:11 AM PST0
One party rule in both St. Louis city and county has atrophied the heartland of America. That one party, the Democrat Party, has built a machine lubricated with crony capitalism that bends justice to further its own political ends. We’ve
by Darin Morley3 Aug 2011, 11:18 AM PST0
The Federal Aviation Administration (FAA) has basically been shut down thanks to the Senate Democrats addition to pork. 4,000 FAA employees have been furloughed until further notice. 70,000 construction workers must now sit on their hands as all airport construction
by Capitol Confidential3 Aug 2011, 8:29 AM PST0
It appears the Boehner/Reid debt fix, which was really no fix at all, did what most legislation does nowadays: it extended the power of the government while doing very little to solve the problems for which it was designed. Thus,
by AWR Hawkins3 Aug 2011, 6:44 AM PST0
INTRODUCTION I. Whoever Controls “The Narrative,” Controls the National Political Conversation When it comes to most of today’s mainstream media we are no longer talking about an entity that reports truth or facts. Everything about the MSM is now about
by John Nolte3 Aug 2011, 4:34 AM PST0
Our country is in crisis. Not the kind of crisis liberals invent out of mid air but the kind that results from the implementation of their policies and brings a country to its knees (and proves the president a rank
by AWR Hawkins2 Aug 2011, 5:33 PM PST0
The MacIver News Service has reported that more than $11 million in labor union money has been shuffled into Wisconsin to fund third party political advertising to benefit the Democratic candidates. Earlier this week we also reported on a Get
by Brett Healy2 Aug 2011, 3:08 PM PST0
As I write this it is difficult to hear myself think over the sound of congressional Republicans high-fiving each other over the debt ceiling deal. They would do well to remember the words of a British parliamentarian uttered during the
by Matthew Vadum2 Aug 2011, 12:01 PM PST0
From The Associated Press: President Barack Obama has signed legislation to increase the nation’s borrowing authority and avert a potentially catastrophic government default. Obama signed the bill privately in the Oval Office little more than an hour after the Senate
by Publius2 Aug 2011, 11:10 AM PST0
After weeks of hard negotiation a compromise deal is has been drafted and will be voted on by both houses before the end of the day tomorrow. This deal does give a political victory for some of the players and
by Jeff Dunetz2 Aug 2011, 6:08 AM PST0
So, today is one of those full of history: In 1610, Henry Hudson discovered Hudson Bay; in 1869 in Japanese Samurai class was abolished; in 1934 Hitler became Furher of Germany; in 1937 Marijuana was made illegal; in 1939 Albert
by Publius2 Aug 2011, 12:01 AM PST0
With more than 90 votes from Democrats, the House has passed the recently announced deal to hike the debt ceiling. From The Associated Press: With barely a day to act, the polarized US House of Representatives have approved a massive
by Publius1 Aug 2011, 4:13 PM PST0
As we issue this week’s essay, the leadership of both parties and the White House have announced agreement to end the debt ceiling crisis. The deal, which still requires congressional approval, will increase the nation’s debt ceiling by $2.4 trillion
by Of Thee I Sing 17761 Aug 2011, 11:07 AM PST0