Solyndra Republicans, Why the GOP Cannot be Trusted

-By Warner Todd Huston

On Friday, July 20, Politico reported that GOP leadership in the House beat back an attempt by recalcitrant members of their own caucus to continue to quietly support the sort of pork spending that gave us Solyndra in the first place.

House GOP leadership has been beating the Democrats up for the pure wasteful spending that was Democrat support for the now bankrupted “green energy” company Solyndra. But a few Republicans on the House Energy and Commerce Committee wanted to buck the anti-bailout theme and quietly keep the spending program that allowed the “loans” to Solyndra to continue.

According to Politico:

At least three House Energy and Commerce Committee Republicans had publicly expressed reservations about the GOP-backed “No More Solyndras Act” during the past week. They griped, to varying degrees, about a provision that would effectively end the loan guarantee program — and argued that it needs to be reformed, not killed.

As Politico noted, the Wall Street Journal also lambasted these Republicans calling them the “Solyndra Wing” of the GOP and chiding them for loving corporate welfare.

The three Republicans hoping to re-open the corporate welfare spigot are Joe Barton (Texas), Michael Burgess (Texas), and Phil Gingrey (Georgia).

So, as we can see here, there is a large and powerful block of the GOP that is fully in support of the sort of disgusting, un-American waste, and pork barrel spending that results in such programs as the “loan guarantees” that sent millions of U.S. tax dollars into the black hole that is Solyndra — a company that will never pay back the so-called loans afforded it by Democrats wishing to help Obama campaign contributors.
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Solyndra Republicans, Why the GOP Cannot be Trusted”


New Fox Business Network Show: Money With Melissa Francis

-By Warner Todd Huston

A new show is soon to debut on Fox Business Network. The new show, Money With Melissa Francis, will premiere on June 4 at 5PM/ET featuring Melissa Francis, recently of CNBC.

Francis was dubbed the “The Empress of Energy” by the New York Post for her reporting of the commodities market live from the floor of the New York Mercantile Exchange. In a recent interview Francis talked about that incident.

I traveled around the world covering OPEC and anything related to energy, and got the Saudi oil minister to go on camera for the first time in as long as anyone could remember, so the Post did a fun article that I still have somewhere.

Melissa Francis will work to break all the day’s top financial stories and will discuss in depth how they impact our country, our markets, investors, and decision makers.
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New Fox Business Network Show: Money With Melissa Francis”


J.P. Morgan Chase $2 Billion Loss Raises Fears of Government Actions

-By Warner Todd Huston

Last week the news of the $2 billion trading loss suffered by J.P.Morgan Chase hit the country like another nasty slap in the face to a nation already facing an economic downturn that is the worst one in a lifetime.

The $2 billion bandied about by the media is not likely the end of that loss, either. This was only the first round of losses due to these bad derivatives trades and more losses are likely yet to come.

For some insight on this mess I exchanged some emails with Sandra Smith of Fox Business Network.

Smith said that the bank “characterized the trades as legitimate hedges of risks elsewhere in the banking group that went awry,” but this understated explanation won’t likely suffice for those out for the heads of those working in our financial sector.
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J.P. Morgan Chase $2 Billion Loss Raises Fears of Government Actions”


The Federal Reserve Rip-Off

-By Alan Caruba

I have not been kind to Ron Paul and his participation in the Republican primary campaigns and it has taken me a while to understand why he is doing this. It is clear that he wants to be around to influence the Republican platform and the issue about which he is abundantly correct is the Federal Reserve.

Anyone taking notice of Obama’s latest budget has to conclude that his mission is to crash the nation’s economy and turn America into a Socialist worker’s paradise. The only problem is that Socialism has been a dismal failure everywhere it has been tried.

One only has to look at the collapse of the Soviet Union for confirmation of that, the Chinese abandonment of Communist economic theory, and Obama’s odd notion that a nation can spend itself out of ever-increasing debt.

I am not a fan of Paul’s isolationism, but he is absolutely right about getting rid of the Federal Reserve.
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The Federal Reserve Rip-Off”


Destroying America by Denying Access to Energy

-By Alan Caruba

It is the crime of the century that America, home to some of the world’s greatest reserves of coal, natural gas and oil, is being deliberately destroyed by the Environmental Protection Agency and the Department of the Interior as they do everything in their power to restrict access and drive energy producers out of business.

It is common sense that a nation that cannot produce sufficient electricity to turn on its lights and power its manufacturing sector will be destroyed if current Obama administration regulations and actions continue. Our vital transportation sector and all others that utilize petroleum-based products will suffer, too.

While President Obama babbles about millionaires and billionaires, everyone will be impoverished by the loss of jobs and revenue our energy sector produces now and can produce in the future.

This isn’t an “energy policy.” It’s a “no-energy policy” and it is a guarantee of economic disaster.
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Destroying America by Denying Access to Energy”


VIDEO: ‘Change has come,’ Alright! But How Good Has it Been?

In 2008, President-elect Barack Obama announced that change had come to America. After three years, the results of that change make many Americans ready to change it back.

And here is a great for-instance of how the Old Media establishment is covering for their Obammessiah. Let’s get in the way back machine and recall how the price of gas was used as a sledgehammer with which to beat George W. Bush about the head. Remember how it was front page news on a daily basis? Well now gas has lingered at highs that it never stayed at during the Bush years and now analysts are saying gas will reach to $4 a gallon this year — an all time high.

Where is the media on this story? Why isn’t it as big a deal as it was 5 and 6 years ago? Ah, yes. We have The One in office. Gosh. How could I forget that the Old Media doesn’t want negative stories about their messiah? Silly me.

Courtesy AllAmericanBlogger.com


Barack Machiavelli

-By Alan Caruba

The Founding Fathers, authors of the Constitution, were obsessed with any form of government that could become too powerful, too willing to use force to oppress citizens. They had cause. They had fought a long war against the greatest power of their age, ruled by a king with nearly absolute power. They fashioned an instrument designed to ensure that the President could not rule by edict and defused power among three branches of government.

We have a President currently running for reelection against Congress, Wall Street, Republicans, and the right of citizens to be free of an overly intrusive government.

Article I, Section 1 of the Constitution says: All legislative powers herein granted shall be vested in the Congress of the United States, which shall consist of a Senate and House of Representatives.

All appointments of the President must be approved by the Senate while it is in session and the Senate, even over the Christmas and New Year’s vacation has remained in session, if only in a pro forma, technical manner. Every three days it has been convened to assert its powers.

Even so, President Obama has announced several “recess” appointments, all clearly a challenge to the Senate and all clearly a tyrannical power grab. He appointed Richard Cordray as the first director of the new Consumer Financial Protection Bureau, a new function that puts government between the lender and the citizen. In theory, all loans in the future will be subject to government approval. This is Communism, not Capitalism.

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Barack Machiavelli”


Obama’s Electronic Medical Records Requirements Already Causing Job Loss

-By Warner Todd Huston

While the Old Media has been ecstatic over recent job numbers, claiming that some 200,000 jobs have been added to the economy, we should note that while Obama giveth Obama also taketh away. The media may be trying to claim the President has “created or saved” jobs (the latest weasel word is he’s created job opportunity) but his policies have also cost jobs. In particular his policies are costing jobs in the medical field.

Last week, layoffs were announced in Mississippi at the University of Mississippi Medical Center due in part to the 80 million dollars that it will cost to implement a new computer system named EPIC Systems, Obama’s newly mandated electronic medical records system.

Naturally, the system Obama is forcing on an entire nation of medical professionals and hospitals is the same system owned and operated by Judith Faulkner, one of his own big donors. Faulkner is also a big donor to the Democrat Party. Not surprisingly, besides affording her the lucrative, crony capitalist business deal, Obama also put Faulkner in a key role on the Health Information Technology Policy Committee, the committee responsible for implementing the President’s e-records policy. She has become known as Obama’s medical records czar.

As hospitals and doctors are forced to launch their own EPIC Systems portals, the costs are forcing hard choices for administrators. All to implement what many call a flawed system.
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Obama’s Electronic Medical Records Requirements Already Causing Job Loss”


Wash. Post Plays Hate-The-Rich-Republicans With Graphic Chart

-By Warner Todd Huston

On Wednesday morning the Washington Post’s Aaron Blake posted an infographic that was a perfect example of how one can use a graphic chart to influence the public in subtle ways, ways that we of the center right better start employing in our own efforts if we want to win over the public.

Blake’s post, “Why People Hate Congress,” fits in well with President Obama’s class warfare rhetoric as employed in his campaign to set different economic classes against each other in a desperate and cynically populist bid to get reelected next year. There is little of substance to Blake’s post other than to fan the flames of the sort of hatred that he wants to see grow in order to aid Obama in 2012.

The Post’s Blake also ended up having to pull the graphic off his The Fix blog post because it simply did not illustrate what he claimed it did in his story — but that is another issue that we’ll deal with at the end of this report.

Blake begins his piece asking, “Want to know why Americans hate Congress?” He then goes on to claim it is in part because our elected representatives in Washington D.C. are members of the eeeevil rich.

The fact that members of Congress are getting richer (and 57 members come from the top 1 percent, according to USA Today) confirms what Americans suspect about the people who are running this country: that they don’t empathize with normal people.

Of course, with a dispassionate application of logic, having a few dollars more than the next guy does not ipso facto make the richer guy so out of touch that he cannot empathize with anyone in a lower salary range. Only those filled with hate make this assumption. Empathy has nothing to do with class, money, or politics. It has to do with one’s character.

Further there are plenty of members of Congress with the character to understand and have empathy with others. Then there are some that don’t. People are people, rich or poor.

It is also telling that even Blake admits that Congress has always been filled with “the rich.” The founders were not groveling in poverty, after all. It often takes a person that has achieved a certain place in society to become elected. I mean, should they be elected, how can anyone expect “the poor” or even the lower middle class to afford to fund homes both in D.C. and back in their district? Who can afford to leave their family and business if half the year off more to fly off the D.C. to attend to government business? And with the costs of elections and the Byzantine election laws these days causing many candidates to self fund, it will only be natural that “the rich” end up being our representatives in Congress.

But special attention has to be paid to the graphic Blake used to illustrate his story. And what a masterwork of subtlety it is. Blake claimed that the illustration made by a well-known hate-the-rich researcher from California showed in graphic form the distribution of wealth among both chambers of Congress. The graphic depicts the “top 1%” and the “next 9%” in the color red. Then it uses blue to show the “following 10%” and the “bottom 80%.” Notice what is going on? That’s right, this graphic uses the color red to depict the eeevil rich. And what is the color red in politics these days? None other than the color the Old Media has assigned to the Republican Party.
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Wash. Post Plays Hate-The-Rich-Republicans With Graphic Chart”


Paper Money, Real Debt, and Spendthrift Nations

-By Alan Caruba

As the citizens of the United States and the seventeen member-nations of the European Union look on, a great drama regarding the future of the EU and its currency, the Euro, is occurring.

The essential problem is that both the U.S. dollar and the Euro are just so much paper, despite the promises and guarantees that they will be honored as real money. The trick has been to keep everyone believing there are sufficient real assets to back up those promises.

Since the U.S. dollar is a kind of universal currency to which other nations peg the value of their currencies the problem for everyone is that the U.S. is broke. Its debt exceeds its annual capacity to generate income, otherwise known as its Gross Domestic Product. Every hour of every day it must borrow billions to meet its obligations. Forty cents of every dollar the U.S. spends is borrowed.

There is a reason why television these days if filled with commercials offering to sell gold. Gold has always retained its value though it does fluctuate. The U.S. Treasury’s gold hoard has a value of more than $400 billion these days, but that value is the flip side of the Federal Reserve’s demolition of the dollar which has lost 95% of its value since1913, the same year the Fed was created.
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Paper Money, Real Debt, and Spendthrift Nations”


Black Friday Special on Fox Business Network: Follow the Money: The Investor’s Holiday Portfolio

-By Warner Todd Huston

On November 25, Fox Business Network’s Eric Bolling will be hosting a Black Friday special to kick off the holiday season this year titled, Follow the Money: The Investor’s Holiday Portfolio. The program will air at 10PM eastern.

The Chicago-born Bolling will enlist a panel of experts to examine which stocks will make great gifts this season, where the hidden deals can be found, and whether the European debt crisis will dampen investor spirits.

Guests will include: Dialectic Capital Management Head of Trading and “The Risk Doctor” Tim Strazzini; Exemplar Capital managing partner and “The Chartman” Gary B. Smith; Yahoo! Finance blogger and “The Lone Wolf” Jeff Macke, and others.
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Black Friday Special on Fox Business Network: Follow the Money: The Investor’s Holiday Portfolio”


Roskam Applauds FTA Passage In Ways & Means Committee And Passage of Cement Sector Regulatory Relief Act

From the office of Rep. Peter Roskam (R, Ill)…

WASHINGTON, DC – Rep. Peter Roskam, Chief Deputy Whip and member of the House Ways & Means Committee, issued the following statement after the long-stalled Colombia, Panama, and Korea Free Trade Agreements (FTAs) passed out of the Ways & Means Committee today. Roskam has traveled to South Korea, Panama, and Colombia in support of these three agreements:

“Today was an important step forward to implementing no-cost job creating policies. These pro-export policies will open up more markets for American products to be sold, and in turn create more American jobs. Furthermore, they will be important strategic tools for our foreign policy. Republicans have been advocating for these commonsense policies for years. With unemployment at 9.1% nationally, Washington has to be embracing commonsense solutions that remove barriers to private-sector job creation.”
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Roskam Applauds FTA Passage In Ways & Means Committee And Passage of Cement Sector Regulatory Relief Act”


TeaCon 2011, The Good and the Bad

-By Warner Todd Huston

I’ll be here all day at TeaCon 2011 sponsored by Chicago’s WIND radio, ChampionNews.net, and the Chicago Tea Party. The good is that several notable personalities are here this weekend among them Andrew Breitbart and Glenn Beck. The bad? Well, there is a bit of a scandal involving one of the Tea Party leaders here that broke just as the Friday events were winding up.

Friday’s opening ceremonies were enjoyable, of course. WIND’s Big John Howell and Amy Jacobson emceed the evening entertainment. We were regaled by the comedy stylings of Steven Crowder and all were wound up by the straight talk and stream of conscientiousness of Andrew Breitbart. We heard some wonderful, patriotic music and all shared a beer or cocktail.
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TeaCon 2011, The Good and the Bad”


Top Ten Richest Members of Congress: Only 3 Are Republicans?

-By Warner Todd Huston

OK, what’s the deal, here? I thought all the rich folk was s’possed to be Republican? But in Roll Call’s list of the richest members of congress we find that the top ten is stuffed mostly with fatcat Democrats. Only three Republicans made the top ten richest list.

Gosh, what happened to the left’s meme?

Democrat Senator John Kerry has in the past been the richest fellow in congress, but he’s slipped to third place these days. The top two richest now happen to be Republicans, though. Texas Rep. Michael McCaul and California Rep. Darrell Issa take spots one and two respectively. But the next Republican doesn’t show up again until the tenth spot. All the rest of the top ten are Democrats.
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Top Ten Richest Members of Congress: Only 3 Are Republicans?”


FBN’s Eric Bolling: ‘Obama’s Economy Will Dip Back Into Recession’

-By Warner Todd Huston

“The debt deal was a bad deal…”

We were told that the country was about to collapse like the Weimar Republic or the Soviet Union, even, if Washington didn’t get that darn debt ceiling hike done. Yet, even as President Obama was signing the very bill that was supposed to save our faltering economy, the DOW tanked closing down 512 points.

I had a chance to talk with Fox Business Network’s Eric Bolling about this mess and, hoping for some happy news, found that Bolling was not so optimistic about the near economic future of our great nation.

Here is our exchange:
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FBN’s Eric Bolling: ‘Obama’s Economy Will Dip Back Into Recession’”


Destroying the Dollar

-By Alan Caruba

Something I never thought I would ever see in my former hometown, a wealthy New Jersey suburb of New York City, was a Dollar Store, but one opened recently in a former supermarket. Dollar Stores are giving Wal-Mart, Target, and similar outlets a run for their money and it’s not hard to see why. The local one has just about everything you could need and all for astonishing low prices.

In countless ways people are looking to save money these days. The looming problem, however, is the question of what happens when Americans wake up to learn that even a dollar can no longer buy anything?

When Faith in U.S. Dollars and U.S. Debt is Dead the Game is over – And that Day is Closer than You May Think” is the cheery title of an article recently posted on EconomicCollapse.com.
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Destroying the Dollar”


Fox Business Network Opens New Studio Overlooking Floor of Chicago Mercantile Exchange

-By Warner Todd Huston

Fox Business Network is leaping head first into full time coverage right in the thick of it all at the Chicago Mercantile Exchange with a new CME-based studio booth on the next level up from trading floor itself. Interestingly, this marks as the very first time a financial network will have its own, branded booth so close to the floor.

Thursday afternoon I spoke to Fox Business Network correspondent Jeff Flock about the grand opening of the CME booth and asked him what made the Network make this move. “Since both exchanges were consolidated there that makes that floor the center for futures trading in the country and now Fox Business will have a permanent presence where all the traders can see us.”
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Fox Business Network Opens New Studio Overlooking Floor of Chicago Mercantile Exchange”


The Fannie Mae Mess

-By Alan Caruba

It was a relatively short Wall Street Journal article on Saturday, May 7th. “Fannie Mae Falls Back Into the Loss Column.”

“Fannie Mae reported a net loss of $6.5 billion for the first quarter as a weakening housing market dashed hopes that the company had stabilities,” wrote Nick Timiraos. “Fannie said Friday it would ask the government for a fresh taxpayer infusion of $6.2 billion after paying dividends to the Treasury.”

What we are witnessing—and paying for—is the way this “government-sponsored enterprise” (GSE) has distorted the nation’s housing market since it came into being. Freddie Mac is another GSE that shares the blame.

In a Cato Institute Policy Analysis by David Reiss, the author notes that “Fannie and Freddie are extraordinary large companies: together they own or guarantee more than 40 percent of all the residential mortgages in the United States. This amounts to more than 4.2 trillion dollars in mortgages.”
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The Fannie Mae Mess”


VIDEO: The Morality of Profit

Profit is not “taken,” it is earned. Profit is as moral as can be.

Courtesy of the Atlas Network.

The Atlas Economic Research Foundation is a nonprofit organization connecting a global network of more than 400 free-market organizations in over 80 countries to the ideas and resources needed to advance the cause of liberty.

Atlas Network Your Tube Channel.


The Left’s Koch and Bull Story

-By Warner Todd Huston

Any more being on the left is little different than being a flat earther or a true believer in UFOs. One may as well accept that sprites infest the woodlands and leprechauns have cornered the gold market as believe in the fantastic conspiracies the left indulges in. The left’s latest flight of fantasy has been its anti-Koch brothers zealotry.

Matthew Continetti has done a great job in a recent issue of the Weekly Standard tearing apart the left’s edge-of-earth theories that the eeeevil Koch brothers are funding the entire right-wing smear machine across the country.

We can liken the left’s wild-eyed Koch conspiracies to the way the Old Media (and this time I mean really old media) reported the exploits of the western outlaw, Jesse James and his gang of bank robbers back in the late 1800s. If one were to believe newspaper reports of the 1870s, the James gang were seen in nearly every southern, midwestern, and near western state for a decade and usually all at the same time — which was a pretty good trick in the days when it took at least a week to get from Chicago to San Francisco.
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The Left’s Koch and Bull Story”


To Be Clear, It’s Not the Government’s Money

-By Frank Salvato

“I cannot undertake to lay my finger on that article of the Constitution which granted a right to Congress of expending, on objects of benevolence, the money of their constituents.”
– James Madison, Fourth President of the United States and considered the Father of the United States Constitution.

There seems to be a great deal of confusion in Washington DC, especially on the Left side of the aisle, about the revenue surrendered to the federal government through taxation. For some reason, many Democrats – and all Progressives – seem to believe that they have a right to the citizens’ money, for whatever cause, whatever initiative and/or whatever programs they deem necessary. Not only isn’t this even close to the truth, but to believe so is to have a non-functional understanding of the Constitution and the proper limits of government.

If this needs to be said once it needs to be said a thousand times; it is not the right of the federal government to do with tax revenue what it pleases. Tax revenue, privately earned money that is surrendered to the federal government under law, is meant to fund the vital processes of the federal government as outlined in the enumerated powers of the US Constitution and the whole of the Charters of Freedom.
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To Be Clear, It’s Not the Government’s Money”


Stop Obsessing About Japan And Deflation

-By Thomas E. Brewton

Fed chairman Ben Bernanke apparently is misled by fictionalized versions of two economic models: Franklin Roosevelt’s New Deal Keynesianism and Japan’s deflation and economic stagnation.

Mr. Bernanke reads New Deal economic history with blinders firmly affixed to narrow the breadth of his vision. In the face of overwhelming evidence to the contrary, he holds to his philosophically materialistic, Keynesian economics faith that manipulation of monetary quantity alone is a mathematically certain, unfailing cure for any economic downturn or increase in unemployment.

Keynesian macroeconomics depends upon a simplistic faith that mathematical inerrancy can be applied to human conduct, that the behavior of hundreds of millions of people can be conformed to an academic spreadsheet model of an economy. Keynesian logic says that, if A = B, then reversing the equation, starting with B, will produce A. Implicitly for Keynesians, if A (expanding business activity) equals (produces) more bank credit and more money in circulation, then flipping the equation and starting with B (increasing the money supply) will create more bank lending and increase business activity.
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Stop Obsessing About Japan And Deflation”


The Federal Reserve’s Magic Money

-By Alan Caruba

Historically, the Federal Reserve has had a poor record when it comes to correcting an economic slide into Depression.

In his book, “New Deal or Raw Deal?” historian Burton Folsom, Jr, asked and answered the question “What caused the Great Depression?” Among the factors he cited was the huge debt left over from World War One. In the United States, the national debt had ballooned from $1.3 billion to $24 billion in three short years, half of which consisted of loans made to the allies.

Today the U.S. is feeling the impact of the aftermath of 9/11 when military action was taken first in 2001 and then in 2003. We are still in Afghanistan and Iraq without much to show for it. As opposed to short, preemptive, lightning strikes, we have become involved in “nation building.” Forgotten is the fact that it was the Russian intervention in Afghanistan that ultimately brought down the former Soviet Union.

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The Federal Reserve’s Magic Money”


The Deflation Bogeyman

-By Thomas E. Brewton

Declining prices are not necessarily bad.

The Fed plans to add massively to the supply of phony money by monetizing the Federal debt with QE2, its latest multi-trillion dollar intervention to manipulate the financial system and to control business production and employment decisions.

The effect, in the short run, is to inflate further the developing stock market bubble, preparing the way for our next inflation-induced recession. In the long run, we the people are to be robbed of the purchasing power of our salaries, wages, and retirement incomes by the disguised tax of inflation.

Fed chairman Bernanke’s Keynesian, socialist rationale for this crime against society is his fear of deflation, a fear belied by prices of commodities that are increasing at an accelerating rate.
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The Deflation Bogeyman”


Obama Said ‘Things Will Get Better,’ For This Woman They Didn’t

-By Warner Todd Huston

Last January, Jennifer Cline sent a letter to President Obama telling him of her woes. She had been diagnosed with two kinds of cancer, she lost her job and was about to lose her home. Surprisingly the president wrote her back and told her that “things will get better.”

Apparently they haven’t.

Cline has been forced to sell Obama’s letter to an historical autographs dealer for $7,000 to try and help her over the hump because things have gotten no better for the woman and her family in the nearly nine months since she sent her original letter.
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Obama Said ‘Things Will Get Better,’ For This Woman They Didn’t”


Credit Card ‘Reform’ Will Force All Credit Purchases to Exceed $10

-By Warner Todd Huston

Previous to the current meddling by Congress, stores were technically not allowed to require a minimum purchase for credit cards. If you wanted to charge ten cents or ten dollars merchants were supposed to accept the charge. But the Durbin Amendment (Sen. Dick Durbin, D of Ill.) to the credit card “reform” bill passed by Congress will change all that by allowing stores to set a minimum charge amount of $10 before you are allowed to use your credit card to purchase something.

This is just one more way that Congress is reaching into your pocket and taking your money. It is easy to realize that millions of people, when told they have to spend $10 to use a credit card, will charge to the minimum despite what they really intended to buy. It’s an obvious and unseen tax, in essence. It will become a common sight at cash registers when someone gets a bill of $6 or $7 rung up, a credit card will be brought out, the cashier will tell them of the new minimum charge rule, and the consumer will grab a few candy bars or some other nearby item to push the charge over that $10 minimum. This will be money spent that wasn’t intended to be spent but it will happen a lot from here on out.
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Credit Card ‘Reform’ Will Force All Credit Purchases to Exceed $10″


How Teachers Unions Abuse Non-Union Teacher Paychecks

From the Independent Teachers for Colorado blog…

Check out this new Independent Teachers video about what happens when a non-union school employee who is forced to opt out of paying union fees every year misses the deadline because of family medical emergencies:

Due to family medical hardships, non-union Pueblo school employee Becky Robertson missed an annual deadline to opt out of union fee paycheck deductions. The union rejected her appeal. Though she had chosen not to be a union member, Becky ended up paying the union hundreds of dollars that could have been used for medical bills and other expenses. Why do Colorado laws allow this type of abuse to continue?


Obama and FDR on Proposed American Dollar Re-Design?

-By Warner Todd Huston

A little contest called the Dollar ReDes$ign Project has been launched on the web and I have to say the dismal design offerings being foisted on the public are a wonder to behold. But the worst ones are by Dowling Duncan.

The designs offered by Dowling Duncan envision a one dollar bill featuring a giant photo of Barak Obama and the 100 dollar bill featuring a photo of Franklin Delano Roosevelt.

Imagine that, huh?

The two presidents that hated capitalism and wealth most are on these prototypes! FDR and Obama are the most anti-wealth and anti-capitalist presidents we’ve ever had!! Obama and Roosevelt both made money the root of all evil in their presidencies. Well, except the money they were able to funnel to their pals, supporters, and party members, that is.

Roosevelt constantly kept the nation agitated against “speculators,” even as he stole everyone’s gold and enriched his pals. Obama has followed suit with his outright hatred of evil “bankers” and his constant attacks on that “greedy Wall Street” while at the same time taking millions in donations from the very people he tries to gin the public up against.

Yet these fools want to put the two most anti-capitalist presidents in history on a re-design of our money?

The irony is just thick, isn’t it? Or maybe it isn’t “irony”? Maybe it’s just leftist hero worship and outright stupidity?
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Obama and FDR on Proposed American Dollar Re-Design?”