Bloomberg.com is reporting that the health care overhaul legislation being drafted by House Democrats will include $600 billion in tax increases and $400 billion in cuts to Medicare and Medicaid: June 12 (Bloomberg) — Health-care overhaul legislation being drafted by House Democrats will include $600 billion in tax increases and $400 billion in cuts to […]
Archives for June 2009
Reminder: Danbury Tea Party This Saturday
Just a quick reminder to mark your calendars for the Danbury Tea Party on Saturday, June 13th. The rally starts at 10:00 a.m. on the City Center Green, Ives St., Danbury. Parking is available nearby. There will be speakers, DJ, and live entertainment. You will be able to speak as well if you wish. Come […]
Arthur Laffer: Get Ready for Inflation and Higher Interest Rates
If you haven’t read economist Arthur Laffer’s Op Ed in today’s Wall Street Journal you should. Mr. Laffer explains how the Federal Reserves unprecedented expansion of the money supply could lead to rising inflation and interest rates that would make the ’70s look benign: Rahm Emanuel was only giving voice to widespread political wisdom when […]
Breaking: Two Shot Inside Holocaust Museum
A gunman opened fire in the lobby of the Holocaust Museum in Washington D.C., wounding a security guard before other officers returned fire. Fox News reports that gunman has been identified as 88 year old James Von Brunn: The gunman has been identified as James Von Brunn, FOX News has learned, a man with apparent […]
Washington Times: U.S. House Restricts Ethics Probes
I would love to be able to point a finger at the Democrats and say something like ‘Most ethical Congress in history??? Heh!’ But I can’t Republicans are just as culpable as Democrats in fostering the culture of corruption that pervades Washington: When Democrats made their case during the 2006 elections about why they should […]
Musical Interlude: Sara Gazarek — Makes Me Feel This Way
And now for your listening pleasure Sara Gazarek: Now back to our reguarly scheduled blogging.
Doctor Likens George Tiller’s Killing to Martin Luther King’s
This may just be single stupidest thing ever said by anyone anywhere: Dr. LeRoy Carhart, one of the nation’s few providers of late-term abortions, called on the federal government to treat as hate crimes all activities by “anti-choice domestic terrorists,” compared the slain Dr. George Tiller to Martin Luther King and said planting crosses was […]
WSJ: Obama’s Jobs Numbers Are Pure Fiction
William McGurn has must read Op Ed in today Wall Street Journal detailing the fiction of the Obama Administration’s jobs “saved or created” statistics: Tony Fratto is envious. Mr. Fratto was a colleague of mine in the Bush administration, and as a senior member of the White House communications shop, he knows just how difficult […]
The Hill: Palin Beginning to Irritate Some Senate GOPers
The Hill has a mildly interesting piece about how Alaska Govenor Sarah Palin is beginning to irritate some GOP senators: Sarah Palin has begun to get on the nerves of Republican senators who say the former GOP vice presidential nominee is taking her own White House aspirations entirely too seriously. But those same senators may […]
Day of Days: June 6, 1944
65 years ago today 160,000 American, British, Canadian and Free French troops landed on the beaches of Normandy, France. It was the single largest amphibious assault ever undertaken. It was a Day of Days: General Eisenhower’s letter to the troops sums up the importance of the Normandy invasion better than I can: Soldiers, Sailors and […]
Unemployment Hits 9.4%
The unemployment rate rose to 9.4 percent in May, its highest rate since July 1983, up from 8.9 percent in April: WASHINGTON (Reuters) – U.S. employers cut 345,000 jobs last month, the fewest since September and far less than forecast, according to a government report on Friday that was the most definitive evidence the economy’s […]
Bernanke’s Deficit Warning
There’s been a fair bit of buzz about Federal Reserve Chairman Ben Bernanke’s remarks about the need for deficit reduction during his testimony before Congress yesterday. Many commentators are interpreting Chairman Bernanke’s as bad news for Obamanomics and are arguing that deficit fears will force him to scale back his spending agenda. I disagree. I […]
Were Healthy Banks Forced Forced to Surrender Ownership Stakes to Government?
Were Healthy Banks Forced Forced to Surrender Ownership Stakes to Government? It’s question that needs to be answered… From reading this CNSNews.com piece it would seem at least a few “healthy” banks were forced into surrendering ownership stakes to the government: Last October, then-Treasury Secretary Henry Paulson ordered nine banks that the Treasury Department described […]
First Impression: Windows 7
I installed the Windows 7 Release Candidate on a roughly 4 year old laptop yesterday primarily because I wanted to see how it would preform on older slower hardware. Windows 7 runs surprising well on on my old HP DV4155cl with a 1.6Ghz Pentium M processor and 2GBs or RAM… Overall my first impressions of […]
Tim Geithner is a Laughingstock in China, Too
Ouch, Treasury Secretary Tim Geithner who has become pretty much a permanent punch line here is apparently a laughingstock in China too (emphasis mine): U.S. Treasury Secretary Timothy Geithner on Monday reassured the Chinese government that its huge holdings of dollar assets are safe and reaffirmed his faith in a strong U.S. currency. A major […]