Reading this bit of stupidity today made my blood boil. Americans often tell pollsters they yearn for a return to the Christian principles on which the U.S. was founded. If so, they should take a closer look at the Romney-Ryan ticket. Jesus’s teachings regarding wealth are nowhere to be found in Paul Ryan’s budget proposals. […]
President Obama today held a campaign rally at a high school in Virginia. In an effort to channel his inner Elizabeth Warren, he decided to lecture the dependent class on how everyone is dependent, so don't feel bad. If you’ve got a business -- you didn’t build that. Somebody else made that happen. The mind […]
This video of New York Times columnist Paul Krugman getting his hat handed to him over his position that the government (ours and all the others) can spend its way to prosperity. That’s gotta hurt The key critique starts at about 35:00 in. They get going at it again at 1:06. What I wanted to […]
This might be funny if it weren't for the fact that these are tax dollars and real people's livelihood involved. A politically connected, taxpayer-funded solar firm announced a massive round of furloughs on Friday, just weeks after its chairman told Congress his company was “financially strong.” First Solar, an Arizona-based solar panel manufacturer that received […]
Energy Secretary Steven Chu is a very smart scientist. He’s a piss-poor manager. Just a week after the GAO gave his agency an 85 percent failure rate [PDF Format] when it came to following the proper procedures for awarding loan guarantees to companies such as Solyndra, Beacon Power and EnerDel, Chu was up on Capitol […]
Bill Clinton famously felt your pain. Barack Obama, well, you can have a “free” aspirin. In testimony before Congress yesterday, Energy Secretary Steven Chu, who in the past has advocated European gas price levels of $8+ a gallon, confessed that the Obama administration isn’t interested in lowering gas prices. (I paid $4.17 to fill up […]
This should be basic economics, but apparently it isn't. From a Politico article on the White House's curious reticence to outline how much additional money the so-called Buffet Rule would bring in to federal coffers: But in a cash-strapped government, policymakers may have little choice but to embrace the advice of bank robber Willie Sutton […]
When I think about President Obama’s decision not to issue a permit for the Keystone XL pipeline that would’ve created thousands (or tens of thousands) of jobs and ensured a low-cost source of energy from a staunch ally, I think that I must be dumb. The media has been telling us for years how brilliant […]
Don’t bother him with facts or figures. In a scathing critique that could further jeopardize political support for California's proposed $98.5-billion bullet train, a key independent review panel is recommending that state officials postpone borrowing billions of dollars to start building the first section of track this year. Gov. Jerry Brown has said he will […]
Senate Budget Committee Chairman Kent Conrad (D-N.D.) is retiring at the end of the current Congress because he’s not particularly interested in following in the footsteps of Tom Daschle. But he is still dutifully playing out his time and continues to shovel economic alchemy that has been all but discredited, this time on “Fox News […]