Archive for April, 2013

Congress Blocks Postal Reform

Tuesday April 16th, 2013   •   Posted by K. Lloyd Billingsley at 1:32pm PDT   •   5 Comments

The United States Postal Service (USPS) lost nearly $16 billion last year and has been attempting to cut costs by, among other measures, ending delivery of mail on Saturday. This simple, common-sense step has proved difficult and now Congress is backing off from its plan to end Saturday delivery, and it won’t let the…
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Obamacare Lawsuits- Open the floodgates…

Monday April 15th, 2013   •   Posted by Cherylyn LeBon at 10:39am PDT   •   4 Comments

Many Americans are adapting to the slow implementation of Obamacare and view it as a painful process. This view is somewhat justified if one examines current and projected changes. These include: Obamacare’s 18 new tax hikes; millions of Americans already being dropped from current coverage; $716 billion in cuts to Medicare; and projected premium…
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Wednesday April 10th, 2013   •   Posted by K. Lloyd Billingsley at 8:02am PDT   •   4 Comments

Dianne Feinstein, U.S. Senator since 1992, recently told an audience in San Francisco that the gun lobby is mounting an intimidation campaign and would attempt to unseat various senators if they support the restrictions she is pushing against so-called “assault weapons” and high-capacity magazines. “A fear has set in,” Feinstein said, “that if they…
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To Whom Does the U.S. Government Owe the Most Money?

Tuesday April 9th, 2013   •   Posted by Craig Eyermann at 10:22pm PDT   •   1 Comment

The timing couldn’t be any better to ask the question, especially since it follows Burt Abrams’ takedown of Paul Krugman’s “we only owe the national debt to ourselves so it doesn’t matter” argument and the official release of President Obama’s “mind-blowing” budget proposal tomorrow, but here is the answer at least through the end…
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Federal Fisker Fiasco: Biden Backs a Loser

Monday April 8th, 2013   •   Posted by K. Lloyd Billingsley at 9:13am PDT   •   5 Comments

Fisker Automotive has laid off most of its employees, a sign of impending doom for a company some called Solyndra on wheels, with good reason. Fisker got a federal Advanced Vehicle Technology Loan of $529 million, about the same amount Solyndra received before laying off its employees and going bankrupt. The $529 million came…
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What, Me Worry?

Sunday April 7th, 2013   •   Posted by Burt Abrams at 6:01am PDT   •   17 Comments

There are two disparate views of our large and growing public debt. Nobel Laureate Paul Krugman, in a recent International Herald Tribune editorial “Cheating America’s Children” (March 30-31, 2013), considers those who have been worrying about our burgeoning public debt as “Chicken Littles.” Chicken Little, you may recall, is hit in the head by an acorn and subsequently runs about…
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A Mind Blowing Experience?

Saturday April 6th, 2013   •   Posted by Craig Eyermann at 10:10am PDT   •   2 Comments

It’s coming! Finally! And according to White House press secretary Jay Carney, it will be mind-blowing! The Arizona Daily Star summarizes the basics of we know so far of the budget proposal that President Obama will release more than two months behind the schedule set by law on Wednesday, April 10th: The plan, if…
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Negative Net Worth in the Golden State

Wednesday April 3rd, 2013   •   Posted by K. Lloyd Billingsley at 9:58am PDT   •   10 Comments

Columnist Paul Krugman denies that “liberal big spending and overpaid public employees were bringing on collapse” in California, and he parrots governor Jerry Brown’s claim that the Golden State is on the comeback trail. Before joining the celebration, taxpayers might examine a new report from the Bureau of State Audits that pegs California’s net…
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Monday April 1st, 2013   •   Posted by K. Lloyd Billingsley at 9:19am PDT   •   1 Comment

The federal government gave $17.9 million to economically struggling rural timber counties in the west for conservation projects, schools, roads, rescue operations and such. Now the federal government wants the money back. A letter of protest signed by more than 30 House members, including Democrats, said: “For the administration to announce three months after…
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