Archive for Current Events

Yes, he can hide it no longer. Obama’s big government, nanny state, socialist agenda will now be officially funded with fudged numbers, hokus pokus, a dash of I hope you won’t notice, a sprinkle of forget I ever said that, and if that doesn’t work, they’ll add a dose of you’re too stupid to understand. As Obama threatens to veto budget cuts, Treasury Secretary Tim Geithner admits that Obama’s proposed budget is unsustainable: With the president’s plan,... Read More→

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Recently a group of billionaires pledged to give the majority of their wealth to charity. (You can read about it in this Wall Street Journal Article.) I propose they give away their fortune to the government, just like they want the rest of us to be forced to do. I also propose they give up their fortunes down to the $250,000 per year level, the level at which the politicians they support claim that you’ve got too much. Having ten billion dollars and giving up nine is no big deal in my... Read More→

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The looming expiration date of the “Bush Tax Cuts” is fast approaching. The tax cuts are set to expire on January 1st, effectively raising income, estate, and investment taxes across the board on all income levels, and thereby spurring debates among politicians on what to do. President Obama and other Democrats such as Nancy Pelosi are proposing to extend the tax cuts for the middle class only, i.e. to individuals with incomes of less than $200,000 per year or households with less... Read More→

What, you didn’t know that? It must necessarily be true, because Obama promised that no household whose income is under $250,000 will see a tax increase, of any type! See Obama promise: But now starting July 1, 2010, a new 10% federal tanning salon tax goes into effect. This tax is part of the new health care law. So in fact, this is yet another example of the welfare state being supported by people other than “the rich.” A major theme on this website is that it’s impossible... Read More→

Following the oil spill in the Gulf last month, President Obama proclaimed a six-month moratorium on all deep-water drilling, undoubtedly in the name of safety and for the public good. However, it appears that the moratorium is nothing more but a tactic to make Obama look good as a tough action taker, and that it would not increase safety and further the economic damage following the spill. The Obama Administration represented the moratorium as a safety recommendation suggested in a report drafted... Read More→

Nancy Pelosi is on record asking the Catholic Church to push her political agenda regarding immigration reform. Now, I thought Democrats were all for complete and total separation of church and state. And here we have the Democrat Speaker of the House, Nancy Pelosi asking the Church to do her bidding. There must be some explanation for this outrage, but somehow it escapes me. Watch Pelosi’s comments here:  Read More →

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In the video segment below, Representative Max Baucus (D-Montana) reveals the true agenda behind the health care bill: Redistribution of Wealth “This legislation will have an effect of addressing that mal-distribution of income in America…”  Read More →

Are people in America dying in the streets while every other civilized country provides healthcare to its citizens? To answer this question, let’s first put the size of the healthcare problem in the U.S. into perspective. Counting the Number of the Uninsured in America When Obama ran for president, he touted health care reform as a big issue because there were 47 million people uninsured in America. This figure comes from the Census Bureau. And according to the Census Bureau there were... Read More→

In this video, renowned economist Thomas Sowell discusses how government intervention by the Hoover and FDR administrations prolonged the Great Depression and draws parallels to current economic problems under Obama:  Read More →

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The Senate health care bill passed yesterday along partisan lines in a vote of 39-60 Republicans to Democrats. Most polls indicate that a large majority of voters would rather not have the type of health care reform Obama and Congress are ramming down everyone’s throat. So how did the bill pass? Well, they just had to bribe a few Democratic Senators, with some of your money, for a sum totaling more than a billion dollars over the next 10 years. Senator Ben Nelson for example, got a $100,000,000... Read More→