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Illinois Ranks as One of Worst States for Losing Citizens

January 22, 2014 | Filed Under Budget, Business, Democrats/Leftists, Economy/Finances, Ethics, Free Trade, Government, Government Corruption, Illinois, Jobs, Liberals, Money, Progressives, Property Taxes, Taxes, Warner Todd Huston | Comments Off

-By Warner Todd Huston

Illinois keeps racking up those plaudits as the worst of the worst states in the country, this time coming in second of the top states for outward migration. Illinois has seen more of its citizens fleeing its failing edifice than every other state but New Jersey.

This list is maintained by one of the nation’s largest moving companies, United Van Lines and is compiled every year as the company tracks the migrations statistics of the nation.

“As the nation’s largest household goods mover, United’s shipment data illustrates national state-to-state migration trends,” Carl Walter, vice president of United Van Lines said in a statement. “We’ve been tracking the number of inbound and outbound domestic moves for nearly 40 years, and through our study are able to identify the states that are attracting or losing residents.”
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Allowing Unions to Organize Volkswagen is Like ‘Injecting Cancer’ Into US Auto Industry

January 21, 2014 | Filed Under Anti-Americanism, Budget, Business, Capitalism, Democrats/Leftists, Economy/Finances, Ethics, Free Trade, Germany, Government, Government Corruption, Jobs, Liberals, Money, PCism, Pennsylvania, Progressives, Society/Culture, Taxes, Tennessee, UAW, Unions, Warner Todd Huston, Western Civilization | Comments Off

-By Warner Todd Huston

It seems like a foolish move by Volkswagen for allowing the United Auto Workers (UAW) to organize its American plants. Not only did the UAW screw Volkswagen in the past, but even now the union admits that it is raising union dues solely to replenish its strike fund so unionistas can walk out. It’s like Volkswagen is buying its own rope for its execution.

Or, as Steve Moore of The Wall Street Journal says, “it’s like inserting a cancer cell into a body.”

That is how Journal editorial board member Moore characterized the act of allowing the UAW to organize Volkswagen’s American auto plants. “That one cancer cell is going to multiply and kill the body. It’s a disruptive influence,” he continued.

Worse, the UAW wants to raise dues for members for the expressed reason of filling strike fund coffers, this according to UAW Boss Bob King.

So, if Volkswagen gives in to the UAW’s demands it will only be helping the union to walk out at the earliest opportunity.
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Pope Francis Tells Rush Limbaugh ‘I Am Not a Marxist’

December 17, 2013 | Filed Under Anti-Americanism, Budget, Business, Capitalism, Catholicism, Christianity, Communism, Democrats/Leftists, Entertainment, Entitlements, Ethics, Government, Government Corruption, Jobs, Liberals, Media, Money, Progressives, Radio, Religion, Socialism, Talk Radio, Warner Todd Huston | Comments Off

-By Warner Todd Huston

Three days ago I discussed why Time magazine picked Catholic Pope Francis as its “man of the year.” We noted that the only reason the magazine would have picked this months-old Pope for its cover is because of his recent Marxist-styled attack on capitalism. Now the Pope has come out to assure his flock and warn commentators like Rush Limbaugh that he isn’t a Marxist.

Last week conservative talker Rush Limbaugh lambasted the Pope’s address from two weeks ago saying that his attack on capitalism was “pure Marxism.” For much of last week the media here and abroad went gaga over Rush’s “attack” on the Pope.

Now the Pope himself is trying to ally fears that he is a Marxist, telling Limbaugh and other critics that he isn’t one.

During an interview with the Italian newspaper La Stampa, the Pope said that Marxism is wrong.
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Left Wing Magazine Caught Urging its Poorly Paid Employees to Get Food Stamps

December 4, 2013 | Filed Under Business, Capitalism, Democrats/Leftists, Economy/Finances, Government Corruption, Jobs, Journalism, Liberals, Media, Media Bias, Minimum Wage, Money, Progressives, Regulation, Taxes, Warner Todd Huston | 1 Comment

-By Warner Todd Huston

Mother Jones is an extremely left-wing magazine. It is pro-socialism, pro-unions, and big on paying the minimum wage. Well, maybe big on other people paying the minimum wage because a recent expose found that Mother Jones pays its employees so poorly that executives urge them to sign up for food stamps so they can, you know, eat.

Mother Jones magazine is one of those placard-toting, protest-loving, true red concerns that love Occupy Wall Street whilst screaming “¡Viva la Revolución!” at the top of their red-tinged lungs. But paying their own interns a so-called living wage? Fuggedaboutit.

A recent piece by Vice columnist Charles Davis reported that MJ interns were told that they should go sign up for food stamps because the magazine doesn’t pay enough cash to live off of.

Here is how Davis put it:
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Anti-American Man Dressed as Santa Berates Shoppers as ‘Parasites’

December 1, 2013 | Filed Under Anti-Americanism, Business, Capitalism, Communism, Constitution, Democrats/Leftists, Economy/Finances, Ethics, Free Trade, Government Corruption, Jobs, Liberals, Money, Progressives, Socialism, Warner Todd Huston | Comments Off

-By Warner Todd Huston

Apparently Mark Dice gets his jollies berating Americans. That’s why he dressed as Santa and drove around California’s shopping malls calling shoppers “parasites on this country” and telling them they are “destroying the very fabric of society” on this year’s Thanksgiving shopping day.

With many large retailers opening on Thanksgiving Day, the traditional Black Friday shopping was extended earlier by a day. But opening on Thanksgiving upset many traditionalists. It is easy to understand their ire and to a degree I agree with their raised eyebrows.

It may be a step too far to be shopping on Thanksgiving instead of enjoying family, home and hearth on a day when we are supposed to be giving thanks to all that we have, granted, but let’s try for a bit of perspective, shall we?

What this Dice guy did was a step too far. In fact, in many ways it is he that is un-American in this case.
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Senate Hearing on Future of Bitcoin: Legal Tender or Criminal Enterprise?

November 19, 2013 | Filed Under Banks, Business, Capitalism, Congress, Crime, Democrats/Leftists, Economy/Finances, Ethics, Financial Reform, Free Trade, GOP, Government Corruption, Liberals, Money, Progressives, Republicans, Senate, Warner Todd Huston | Comments Off

-By Warner Todd Huston

The U.S. Senate held a hearing on the Internet-based Bitcoin currency on Nov. 18 revealing a U.S. government that is struggling with crafting policy to govern how the virtual currency can be used in the United States.

The Senate Committee on Homeland Security & Government Affairs held a major hearing on Bitcoin and other virtual currencies called, “Beyond Silk Road: Potential Risks, Threats, and Promises of Virtual Currencies.” The Committee also has a video of the proceedings.

Bitcoin has gotten a black eye because criminals and drug dealers have used the currency in an effort to avoid law enforcement and earlier this year U.S. authorities shut down several websites that traded in Bitcoins over this use by criminals.

But recently the Chicago Federal Reserve Bank issued a “primer” on how Bitcoin works that raised the virtual currency’s stock in the world of finance.
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Spongebob Squarepants ‘You’re Fired’ Episode a Ratings Success

November 14, 2013 | Filed Under Cable, Children, Democrats/Leftists, Education, Entertainment, Entitlements, Ethics, Family, Government Corruption, Jobs, Liberals, Media Bias, Money, Progressives, TV, Warner Todd Huston, Welfare | Comments Off

-By Warner Todd Huston

Nickelodeon caused some stir over the last few months over a new episode of its popular cartoon Spongebob Squarepants where the titular sponge gets fired from his long-time fry cook job. Libs were unhappy at how negatively the show portrayed the welfare state. But when it aired, the episode aired on November 12 and it was a big ratings hit for the kid’s network.

The controversy arose over the fact that the popular kid’s character disparaged the welfare state during the episode causing left-wingers a bit of heartburn.

During the episode, Spongebob is fired from his job and is encouraged by his dimwitted pal Patrick to stay unemployed and mooch off his neighbors. But Spongebob is not at all happy to stay a drag on society and wants a new job so he spends much of the episode trying to find one.

Ultimately, the Bobster is given his old job back because his boss realizes that his work is exemplar and he needs Bob back at the grill to keep his customers happy. but during the show Spongie complains about his friend’s bad behavior and seeks to stay gainfully employed, something that the liberals were very unhappy with.
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How Many Years Would It Take You To Earn These Big Labor Union Boss Salaries?

September 18, 2013 | Filed Under Budget, Business, Capitalism, Democrats/Leftists, Economy/Finances, Ethics, Free Trade, Jobs, Liberals, Money, Progressives, Right To Work, Unions, Warner Todd Huston | Comments Off

-By Fred Wszolek, Buzzfeed

Union membership is down but Big Labor bosses’ profits are up. More than 400 labor chiefs pocketed at least $250,000 each last year, even as their collective ranks fell by 400,000 members. They say they are fighting for the working class. Not quite. We did the math…


Chicago Public School Teacher Attacks Capitalism, Says Violent Revolution Coming

August 8, 2013 | Filed Under AFL-CIO, Budget, Business, Capitalism, Chicago, Chicago Teachers Union, Communism, Democrats/Leftists, Economy/Finances, Education, Ethics, Free Trade, Illinois, Liberals, Money, Progressives, Public Employees Unions, Socialism, Society/Culture, Taxes, Teachers Unions, Unions, Warner Todd Huston, Western Civilization | 3 Comments

-By Warner Todd Huston

The policy group called ALEC (the American Legislative Exchange Council) had its 40th anniversary meeting in Chicago on August 7, 8, and 9, but not everyone was celebrating. In front of the hotel at which the event was held, the unions gathered to attack and one Chicago school teacher took the occasion not only to say that capitalism has failed and that government should be for the redistribution of wealth, he also threatened “violent revolution” unless America acquiesces to union demands.

CPS Teacher Timothy Meegan, who teachers at Roosevelt High School in Chicago, had quite a bit of boilerplate to say about ALEC, but before long he edged toward some more startling rhetoric, the sort that makes one hope he isn’t teaching to Chicago’s school children.

At the end of his canned anti-ALEC speech he lapsed into the sort of rhetoric that would be at home in any speech from the worker’s paradise. In fact, it got downright red-lipped with talk of “violent revolution,” attacks on capitalism and the free market, as well as cries that government should “redistribute the wealth.”

And all this talk of violent revolution was Jesse Jackson approved. The very right reverend can be seen clapping Mr. Meegan on the back after his diatribe is over.
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AFL-CIO Speaks Out Against… Our Military Vets?

May 10, 2013 | Filed Under AFL-CIO, Anti-Americanism, Business, Capitalism, Democrats/Leftists, Ethics, Free Trade, Jobs, Liberals, Military, Money, Progressives, Unions, Veterans, Warner Todd Huston | 1 Comment

-By Warner Todd Huston

Apparently, the haters at the AFL-CIO decided that military veterans shouldn’t be allowed to take jobs offered by Walmart.

Recently Walmart announced a program to hire 100,000 military vets as a “welcome home” gift when they return from service. This brought the anti-veterans at the left-wing, anti-business union to the height of pique.

In a new statement, AFL-CIO President Richard Trumka–a man with a long history of violence and murder–took a stand against our veterans.

Walmart’s recent announcement of a plan to hire returning honorably discharged veterans is more about public relations than honoring our heroes. That this effort was valorized by President Obama and Vice President Biden reflects an acceptance of economic failure out of line with America’s history or future.
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Infographic: Obama’s Red Tape Rising

May 2, 2013 | Filed Under Barack Obama, Budget, Business, Capitalism, Congress, Crony Capitalism, Democrats/Leftists, Economy/Finances, Ethics, Free Trade, Government, House of Representatives, Jobs, Liberals, Money, President, Progressives, Senate, Stimulus, Taxes, Unemployment, Warner Todd Huston | Comments Off

Kelsey Harris and Diane Katz, The Heritage Foundation

Regulatory costs skyrocketed in the first term of the Obama Administration, which added nearly $70 billion to the already excessive annual burden of government do’s and don’ts. Virtually every aspect of Americans’ lives is controlled to a varying extent by regulation, including how we light our homes, wash our clothes, fuel our cars, feed our families, and obtain our health care.

The consequences are dire: less investment and innovation, fewer jobs, and the erosion of fundamental freedoms.

In a new report, Red Tape Rising: Regulation in Obama’s First Term, our experts detail the number and cost of these many new rules. We put together this infographic to help understand how these costly regulations affect our lives—and pockets.


Andrew Was Right: National Review’s Pigford Editorial

May 1, 2013 | Filed Under Andrew Breitbart, Anti-Americanism, Budget, Business, Democrats/Leftists, Economy/Finances, Entitlements, Ethics, Government, Liberals, Money, Pigford, President, Progressives, Taxes, Warner Todd Huston | Comments Off

-By Warner Todd Huston

On April 29, one of conservatism’s leading journals, National Review, published a lead editorial on the Pigford scandal not only noting at the outset that Andrew Breitbart was right all along, but that the scandal deserves more attention nationally.

As it wraps up, the NR piece arrives at the logical conclusion that Obama’s expansion of Pigford payouts “resembles in organization and aim a criminal conspiracy of breathtaking proportions, and one in which the federal government was first complicit and then ultimately responsible.”

Just so. But along the way, NR gives readers some delicious outrage over the monumental waste, lies, and abuse of authority that Andrew saw since day one.

NR expresses hope that in the wake of the recent New York Times examination of the criminal actions that is Pigford, maybe more eyes will be brought to the scandal and notes that the truth of Pigford is “worse than was previously thought.”
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VIDEO: What Can Washington Politicians Learn From America’s Moms?

April 2, 2013 | Filed Under Barack Obama, Budget, Children, Congress, Democrats/Leftists, Economy/Finances, Elections, Entitlements, Ethics, Freedom, House of Representatives, Jobs, Liberals, Liberty, Money, Nanny State, President, Progressives, Regulation, Senate, Taxes, Warner Todd Huston | Comments Off

Bankrupting America asks American mothers what Washington D.C. could do better. Their answers are so filled with common sense, that one wonders how Washington could be so stupid.

Listen to your mothers, Washington!

http://BankruptingAmerica.org


Facebook Chief Sandburg: Women Not Liked in Business

January 28, 2013 | Filed Under Business, Facebook, Inernet, Jobs, Money, Warner Todd Huston | Comments Off

-By Warner Todd Huston

Discussing her recent book “Lean In” during a recent visit to Switzerland, Facebook’s Chief Operating Officer, Sheryl Sandberg, told an audience that powerful women are mostly disliked in the business world.

Appearing at the World Economic Forum in Davos, Sandberg launched a broadside against the stereotypes that she claims hold women back in business in the United States.

At one point, the Facebook chief disparaged T-Shirts for boys she had seen in the U.S. that said “Smart Like Daddy” and those for girls that said “Pretty like Mommy.”
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If You Work for Government, You Deserve to be Fired

October 1, 2012 | Filed Under Anti-Americanism, Bill of Rights, Budget, Business, Capitalism, Communism, Congress, Constitution, Crime, Democrats/Leftists, Economy/Finances, Entitlements, Ethics, Government, Jobs, Liberals, Money, Progressives, Socialism, Taxes, Warner Todd Huston | Comments Off

-By Warner Todd Huston

Yes, that title, If You Work for Government, You Deserve to be Fired, is meant literally. I really don’t care what you do for government I think you deserve to be fired.* In fact, I think that you need to be fired to save this republic. Not only do I want you fired, I want your pension negated. You don’t deserve one.

I’ll let that sink in a bit.

Of course, conservatives have the reputation of wanting to oust everyone in office and for wanting to “vote the scoundrels out.” But, I am not just wallowing in a trope, here. In fact, I’d like to add one more level to the throw-them-out-of-government concept. Let’s fire every government worker from the smallest village receptionist or sewer worker to the staffers of the highest Senator and every menial clerk and recalcitrant paper shuffler in between.

I am, here, indulging a little bombast, of course, but only a little. A very little.

It’s not just pique at the famous laziness of government workers I’m talking about. I’m also not only deploying that stereotype contending that the only reason government workers get their jobs is because they are pals with a politician — or another government worker, for that matter. It’s not just that they are better paid than just about any real American in the private sector — whether they deserve it or not — and it’s not because they are impossible to fire, nor is it because they get a better pension and health care than anyone who really contributes to society… well, OK, it is because of that stuff. All that stuff and more.
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Emanuel’s ‘Chicago Values’ Includes Supporting Gay-Hating, Jew-Hating Louis Farrakhan

July 26, 2012 | Filed Under 1st Amendment, Anti-Americanism, Business, Chicago, Constitution, Democrats/Leftists, Ethics, Gay Marriage, Gays, Illinois, Jobs, Liberals, Money, Regulation, Warner Todd Huston | Comments Off

-By Warner Todd Huston

Yesterday we reported that Chicago Mayor Rahm Emanuel said that the Christian values of Chick-Fil-A are not “Chicago values.” So, who does embody those “Chicago values” as far as Rahm is concerned? Why, extremist Louis Farrakhan, who else?

On July 25, Mayor Emanuel welcomed the “help” of hatemonger Louis Farrakhan, leader of the cult the “Nation of Islam,” in a non-violence crusade in a city awash with violence, murder, and gang crime. The Nation of Islam is a pseudo Islamic cult based in Chicago.

Emanuel has happily accepted Farrakhan’s “help” despite the fact that Farrakhan has a long, long history of anti-Semitism and violent rhetoric.
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Transparency? Obama’s Secretive Soros-Funded Money Machine

July 25, 2012 | Filed Under Anti-Americanism, Barack Obama, Campaign Finance, Crony Capitalism, Democrats/Leftists, DNC, Economy/Finances, Elections, Ethics, George Soros, Government, Liberals, Money, President, Taxes, Warner Todd Huston | Comments Off

-By Warner Todd Huston

Ever since the Supreme Court’s Citizens United decision, left-wingers and Democrats have been braying for center right and conservative organizations, PACS, and super PACS to reveal their donors, the libs claiming that such “transparency” is good for American politics. But as far as these people are concerned, “disclosure” is only to be forced on others and the fact that one of Obama’s biggest campaign donation bundlers is the leader of a very secretive Democrat money machine proves the rule rather than the exception.

That campaign money maven is Kelly Craighead, president and managing director of Democracy Alliance, a high dollar group of Democrat donors founded in 2005 with start-up money from left-wing billionaire George Soros.

So, what does this group do? According to the Washington Free Beacon:

The Alliance serves as a clearinghouse that connects donors to endorsed organizations—such as the Center for American Progress and the pro-Obama Super PAC Priorities USA—without threat of disclosure. The Alliance is not listed in any phonebook, and does not disclose its donors or endorsed organizations.

That’s right, this group that is made up of left-wingers that scold the right for a lack of transparency won’t reveal its own donors. So much for veracity.
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Solyndra Republicans, Why the GOP Cannot be Trusted

July 22, 2012 | Filed Under Anti-Americanism, Budget, Business, Capitalism, Congress, Conservatives, Constitution, Democrats/Leftists, Earmarks, Economy/Finances, Elections, Ethics, GOP, Government, House of Representatives, Liberals, Money, Nanny State, President, Republicans, Senate, Stimulus, Taxes, Tea Party, Warner Todd Huston | Comments Off

-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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New Fox Business Network Show: Money With Melissa Francis

June 1, 2012 | Filed Under Business, Capitalism, Economy/Finances, Fox Business Network, Jobs, Media, Money, Warner Todd Huston | Comments Off

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

May 14, 2012 | Filed Under Anti-Americanism, Banks, Barack Obama, Business, Capitalism, Congress, Democrats/Leftists, Economy/Finances, Elections, Ethics, Financial Reform, Fox Business Network, Free Trade, GOP, Government, House of Representatives, Journalism, Liberals, Media, Media Bias, Money, President, Regulation, Republicans, The Law, Transparency, Warner Todd Huston | Comments Off

-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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The Federal Reserve Rip-Off

March 2, 2012 | Filed Under Alan Caruba, Banks, Business, Congress, Democrats/Leftists, Economy/Finances, Ethics, Government, Liberals, Money | Comments 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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Destroying America by Denying Access to Energy

January 27, 2012 | Filed Under Alan Caruba, Barack Obama, Budget, Business, Capitalism, Democrats/Leftists, Economy/Finances, Energy, Ethics, Government, House of Representatives, Jobs, Liberals, Money, Oil, President, Senate, Taxes | Comments Off

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

January 20, 2012 | Filed Under Barack Obama, Budget, Business, Congress, Democrats/Leftists, Economy/Finances, Elections, Government, House of Representatives, Jobs, Liberals, Money, President, Senate, Taxes, Warner Todd Huston | 2 Comments

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

January 13, 2012 | Filed Under Alan Caruba, Barack Obama, Budget, Business, Capitalism, Congress, Democrats/Leftists, Elections, Ethics, Government, Liberals, Money, President, Taxes | Comments Off

-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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Obama’s Electronic Medical Records Requirements Already Causing Job Loss

January 9, 2012 | Filed Under Barack Obama, Budget, Business, Capitalism, Congress, Democrats/Leftists, Ethics, Government, Health, House of Representatives, Jobs, Liberals, Money, Obamacare, President, Senate, Taxes, Warner Todd Huston | 3 Comments

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

December 30, 2011 | Filed Under Anti-Americanism, Budget, Business, Capitalism, Congress, Conservatives, Democrats/Leftists, Economy/Finances, Ethics, GOP, Government, House of Representatives, Jobs, Journalism, Liberals, Media, Media Bias, Money, Republicans, Senate, Taxes, Warner Todd Huston, Washington Post | Comments Off

-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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Paper Money, Real Debt, and Spendthrift Nations

December 7, 2011 | Filed Under Alan Caruba, Anti-Americanism, Banks, Barack Obama, Budget, Business, Capitalism, Congress, Constitution, Democrats/Leftists, Economy/Finances, Government, Liberals, Money, Republicans, Taxes | Comments Off

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

November 25, 2011 | Filed Under Banks, Business, Capitalism, Economy/Finances, Fox Business Network, Money, Regulation, Taxes, Warner Todd Huston | Comments Off

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

October 7, 2011 | Filed Under Barack Obama, Budget, Business, Congress, Conservatives, Economy/Finances, Free Trade, GOP, Government, House of Representatives, Illinois, Jobs, Money, Peter Roskam, Regulation, Republicans, Taxes, Warner Todd Huston | Comments Off

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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TeaCon 2011, The Good and the Bad

October 1, 2011 | Filed Under Budget, Conservatives, Democrats/Leftists, GOP, Government, Illinois, Liberals, Money, Republicans, Taxes, Warner Todd Huston | 3 Comments

-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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