Barack Obama and the Democratic majorities in the House and Senate are coming up on their one-year anniversary of total control of the United States. The Democrats were going to reshape the country in the first 100 days. That didn’t happen. Then they made promises for the end of this year. So far, they have […]
Bribes, Threats, and Health-Care
Senator Harry Reid’s (D-NV) health-care proposal was voted into the debate phase late Saturday night, presumably while no one was watching. Any hope that remained for the so-called “moderate” Democrats in the Senate was dashed when senators Lieberman (CT), Lincoln (AR), Nelson (NE), and Landrieu (LA) were bribed, cajoled, and threatened into voting to move […]
What’s Done is Dunn
White House Communication Director Anita Dunn has stepped down from her post. The explanation for the resignation was confusing and a bit hypocritical. According to Obama administration senior advisor, Valerie Jarrett, Dunn always expected to leave, but will remain in the White House every day. Dunn will “attend all strategy sessions, and be present for […]
The Hypocritic Oath
Both sides of the aisle in Congress have made much of the potential for preventive medicine. The thinking is that if doctors catch an illness early, it can be treated at less cost. In his speech to Congress on health care, President Obama said that under his plan, “companies will be required to cover, with […]
The Myth of Fed Independence
The decibel levels of the arguments about the independence of the Federal Reserve have been growing in Washington. One camp says the Fed needs to be more accountable, another camp says an independent Fed should oversee the financial system, and yet another small group says the status quo is fine. It is obvious to most […]
Audit the Fed-H.R. 1207
The Fed is tasked with keeping America fully employed as well as keeping inflation low. When employment is sagging, the Fed lowers interest rates. When inflation roars, the Fed raises interest rates. The problem is that the two tasks oppose one another. This is a broken system. For evidence, look at my chart. As oil […]
Obama Adviser Wants to Ban Hunting
Over the weekend, Anthony “Van” Jones stepped down from his position as Special Advisor (a.k.a. czar) for green jobs. But on Thursday, the Senate voted to confirm the appointment of someone equally radical, Harvard Law professor Cass Sunstein. Mr. Sunstein is an opponent of one of America’s finest traditions, hunting. In his essay “The Rights […]
M1128 Stryker Mobile Gun System
Speed and flexibility Stryker is a family of armored trooptransport vehicles for the U.S. Army. Strykers provide unprecedented speed and flexibility in getting infantry to the fight, under armor, in urban or open environments. The Mobile Gun System configuration carries a General Dynamics 105mm tank cannon (same gun tube as the one found on the […]
Cut Unconstitutional Spending
This week, billionaire and Barack Obama supporter Warren Buffet came out against the growing budget deficit. Meanwhile, the Obama administration raised its projection of the deficit for the next 10 years to $9 trillion from $7.14 trillion. The Obama administration wants to spend $3.6 trillion in 2010 alone. On August 3, in the Library of […]
Government Spending is Devastating Capitalism
A quick look at my chart of federal spending as a percentage of GDP shows that the free market in the United States is ailing. The percent of our economic activity by government has risen above 24%. The rapid increase shows no signs of ebbing. What does this mean for capitalism? Rather than competing for […]
