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$2 Trillion Tax from Obama: Hidden Costs of “Cap-and-Trade” Scheme
Obama’s proposed “cap-and-trade” carbon tax on energy use and utility bills is expected to raise up to $2 trillion, more than the $646 billion…
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Toxic-Asset Buy-Up: “Pure Plunder”?
People who have actually read the fine print of the Administration’s trillion-dollar toxic asset buy-up program don’t like it. One calls it “pure plunder.”…
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Toxic Asset Rip-Off
Obama is proposing that the Treasury provide loans up front and insurance against potential losses on the back end. It’s what Paul Krugman called "heads…
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“Heads I win, Tails the Taxpayers Lose”: Toxic Asset Rip-Off
That’s how analysts describe the trillion-dollar toxic-asset buy-up program proposed this weekend by the Obama Administration: “the president is putting forth his idea to…
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Blind to Obama’s Broken Promises
In 2008, Obama promised a “net spending cut” (although he never did come up with cuts to offset his proposed spending increases). Obama…
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Obama Budget Explodes Debt, Taxes, CBO Admits
Obama’s budget would explode the national debt while increasing taxes. That’s the conclusion of the Congressional Budget Office, controlled by lawmakers who support…
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Herbert W. Obama
In the Great Depression, President Herbert Hoover raised marginal tax rates to 63%, and went on a deficit spending binge. He also signed…
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A Cynical Poison-Pill Bill
Yesterday, liberal lawmakers, after publicly blasting the multi-million dollar AIG bonuses as undeserved and excessive, privately voted down GOP proposals to limit them.
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AIG Lies; Bonuses for Fannie & Freddie; Fed Explodes Money Supply, Risks Stagflation
It’s not just AIG, being bailed out for $170 billion, that’s using taxpayer money to give fat bonuses to its employees. The same thing is…
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Hypocritical Posturing By Obama Over AIG Bonuses
In response to public outrage, Obama is belatedly criticizing the millions of dollars in bonuses that AIG, which is being bailed by taxpayers at a…
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Left-Wing Attorney General Ashamed of End to Discrimination
A federal appeals court recently upheld an injunction barring a county official from continuing to prevent people from voting based on their race. The unanimous…
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Bailouts for Liars, Illegal Aliens, and Undeserved Bonuses
Insurance giant AIG, bailed out by taxpayers for $170 billion, is using taxpayer money to pay executives in the division that brought…
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An Explosion of Litigation
Already burdened by $8 trillion in new federal spending commitments and the likelihood of higher taxes to pay for bailouts,…
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Economists Give Obama Failing Grade; New Bailouts Demanded As Obama Breaks Promises
Obama gets a failing grade from economists. “U.S. President Barack Obama and Treasury Secretary Timothy Geithner received failing grades for their efforts to…
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Stimulus Subsidizes Corruption, Waste, Racism
The $800 billion stimulus package signed by Obama not only will make the economy shrink over the long-run, it will pay $88.6 million…
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Obama Insults America’s Allies, Endangers Economy
Not content with endangering the economy by pushing through $8 trillion in bailouts and welfare, Obama has now insulted the…
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$8 Trillion in Bailouts; Undeserving Rich Benefit
Federal bailouts and related spending proposed by the Obama Administration now total 8 trillion dollars, according to the American Institute for Economic Research.
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90 Percent Tax Rate Proposed
Congressman Jerry McNerney (D-California) has advocated raising marginal tax rates to 90 percent. Such a tax increase on the wealthy would be necessary, but…
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Obama Bails Out Rich, Irresponsible People With LOW Mortgage Payments
Yesterday, I wrote about how high-income people with $700,000 homes, who are in no danger of becoming homeless, would benefit from the Obama Administration’s…
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Bailing Out the Reckless Rich, Harming Our Economy
Well-to-do people will receive an unnecessary mortgage bailout, under a new federal program that will cut their payments to just 31 percent of their income…
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Distorting the News, to Obama’s Advantage: Ledbetter v. Goodyear and the Lilly Ledbetter Fair Pay Act
Distorted press coverage of a Supreme Court decision gave a big boost to the Obama campaign, which made the decision a major campaign…
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Your Loss Is My Gain, Sucker!
I am being enriched by a vast expansion of government that will impoverish you and your family, and shrink the size of the economy in…
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Stimulus Guts Welfare Reform, Is Deceptive
The stimulus package will gut welfare reform even more than previously feared. That’s the conclusion of Mickey Kaus, a moderate Democrat who now…
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Stimulus Package Shrinks Economy, Expands Welfare Rolls
The Stimulus Package passed by the Senate will encourage people to stop working and go on welfare, undermining the 1996 welfare reform…
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Stimulus Plan Harms Economy, Congressional Budget Office Admits
The bloated $800 billion “stimulus” package would not only create a mountain of debt, it would harm the economy in the long run.
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Stimulus Bill Is Full of Pork
The $800 billion stimulus bill contains billions of dollars in pork and wasteful spending on items that have nothing to do with stimulating the…
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Stimulus Plan Repeats Mistakes That Spawned Great Depression
The European Union is threatening a trade war over provisions in the $800 billion “stimulus” package backed by Obama and Congressional leaders. The Great…
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Opposition to “Stimulus” Package Rises
Opposition to the $800 billion stimulus package continues to rise, and polls show support for it has fallen to 42%. Independent swing-voters oppose…
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Obama Distorts Ledbetter v. Goodyear Case, In Signing Lilly Ledbetter Fair Pay Act
In signing his first bill into law, Obama didn’t let facts get in the way of a good story, or milking a political wedge issue.
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Stimulus Bill Triggers Legislative Logjams, Perpetuates Credit Crisis
Obama’s stimulus package is the problem, not the solution. No one wants to make any hard decisions until they see what goodies they may get…