The world's hottest economist, Michelle Muccio, has created a bit of a stir with her simple commonsense stimulus plan, a one-year payroll tax holiday. Here she is discussing the plan with Bill Schieffer of CBS News. Watch CBS Videos … [Continue reading] about Michelle Muccio: The People’s Stimulus
Whoa: Jim DeMint to Force Vote on Fairness Doctrine
Sen. Jim DeMint (R-SC) plans on forcing a vote on a bill that wuold block the Federal Communications Commission from reinstating the Fairness Doctrine next week. The bill which is co-sponspored by Sen. John Thune (R-SD), and 27 others and will be … [Continue reading] about Whoa: Jim DeMint to Force Vote on Fairness Doctrine
A Tax For Paying Your Taxes???
Back to the twilight zone... New York Gov. David Patterson has proposed a few interesting new taxes, including those on non-diet soda, digitally delivered entertainment services and haircuts, but the one that is sure to raise a few eyebrows is the … [Continue reading] about A Tax For Paying Your Taxes???
Chicago Tea Party
Drudge has been hyping this all afternoon... It's hardly a revolt, but with the Dow industrials closing at a six year low of 7465.95 I think it's safe to say the markets aren't crazy about governments economic rescue plans. … [Continue reading] about Chicago Tea Party
Sniffing Out A RAT
The more we learn about the provisions of the recently passed stimulus law the more their is to be concerned about. Byron York writing in today's Washington Examiner sniffs out a RAT buried in the stimulus law: You’ve heard a lot about the … [Continue reading] about Sniffing Out A RAT
Not Just No, But Hell No: GM, Chrysler Seek $21.6 Billion in Aid
General Motors and Chrysler have submitted their recovery plans submitted to the U.S. Treasury and are asking for another $21.6 billion in government aid. Not just no, but hell no... No amount of government aid is going to bring them back to … [Continue reading] about Not Just No, But Hell No: GM, Chrysler Seek $21.6 Billion in Aid
Healthcare Provisions of Stimulus Law Not Well Understood
CNSNews.com has two must read pieces on the stimulus laws healthcare provisions... The first deals with the plans National Medical Records System provisions: Stimulus Law Does Not Require All Americans to Enter Their Medical Records into National … [Continue reading] about Healthcare Provisions of Stimulus Law Not Well Understood
Big Brother Run Amok: Hamburgers Are The Hummers of Food in Global Warming???
It must be a slow news day, or we really are trapped in the twilight zone... From AFP: When it comes to global warming, hamburgers are the Hummers of food, scientists say. Simply switching from steak to salad could cut as much carbon as leaving … [Continue reading] about Big Brother Run Amok: Hamburgers Are The Hummers of Food in Global Warming???
Do As I Say, Not As I Do…
Ever think you're stuck in the twilight zone? I'd love to say this story was unbelievable but it's not, it's business as usual: Gov. Paterson has secretly granted raises of as much as 46 percent to more than a dozen staffers at a time when he has … [Continue reading] about Do As I Say, Not As I Do…
New York Governor Wants to Tax What???
It's a slow news day and I reaching a bit with this but I can't resist planting tongue firmly in cheek and poking a little fun at one of the silliest tax proposals I seen in quite a while. New York Gov. David Patterson recently proposed a so … [Continue reading] about New York Governor Wants to Tax What???
Federal Obligations Exceed World GDP???
I tend to be skeptical of articles like this one from World Net Daily: Federal obligations exceed world GDP Does $65.5 trillion terrify anyone yet? By Jerome R. Corsi, February 13, 2009, WorldNetDaily As the Obama administration pushes … [Continue reading] about Federal Obligations Exceed World GDP???
Happy Valentine’s Day
GM: Billions More In Bailouts or Bankruptcy
Today's Wall Street Journal has a front page story about GM's restructuring plans... The article is worth reading unfortunately, the on-line version is subscriber content so if you're not a Journal online subscriber you'll have to register to read … [Continue reading] about GM: Billions More In Bailouts or Bankruptcy
Suspended Teen Headed Back to School
A quick update on a story from earlier this week... Marie Morrow, a 17-year-old senior at Cherokee Trail High School in Aurora, CO is head back to school. Morrow was suspend on Feb. 5 after other students observed prop rifles used by her Young … [Continue reading] about Suspended Teen Headed Back to School
Senate Passes Pork Laden Stimulus Bill
The final vote tally is in... The Senate approved the measure 60-38 with three erstwhile Republicans, Alren Specter, Olympia Snowe and Susan Collins providing the votes needed for passage. No surprise really we all knew Specter, Collins and Snowe … [Continue reading] about Senate Passes Pork Laden Stimulus Bill