Archive for June, 2013

Which is Worse for GDP: Spending Cuts or Tax Hikes?


Sunday June 30th, 2013   •   Posted by Craig Eyermann at 7:06am PDT   •   3 Comments

Between spending cuts or tax hikes, which do you suppose does more damage to a nation’s economy? If you said tax hikes, you’re right! Political Calculations recently looked at the impact of both government spending cuts in Greece, Spain and the United States, and found the following impacts for each dollar of either spending...
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The “War Against Coal”


Thursday June 27th, 2013   •   Posted by Craig Eyermann at 7:31am PDT   •   2 Comments

What effect will President Obama’s having ordered the Environmental Protection Agency to go to war against U.S. coal-fired power plants have upon the U.S. economy? If you guessed “a negative one”, you’re correct! One very telling confirmation of that outcome is being reported by Amy Harder of the National Journal, who has obtained a...
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GM Is Still Government Motors


Wednesday June 26th, 2013   •   Posted by K. Lloyd Billingsley at 9:10am PDT   •   5 Comments

In early June the government sold 30 million shares of GM, a move doubtless timed with GM’s return to the S&P 500 index, a position the auto giant lost in 2009 when it filed for bankruptcy reorganization. But as Business Week noted, as of April 30 the federal government still held 241.6 million GM...
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The IRS and Horrible Government


Monday June 24th, 2013   •   Posted by K. Lloyd Billingsley at 10:35am PDT   •   4 Comments

As recent testimony confirms, the Internal Revenue Service has been singling out groups for extra scrutiny and abuse based on their political views. At the same time, the IRS has been singling out people who are not even supposed to be in the United States for special convenience. For example, in 2011 the IRS...
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Regulating Americans Into the Poorhouse


Sunday June 23rd, 2013   •   Posted by Craig Eyermann at 1:19pm PDT   •   4 Comments

How costly is the burden of government regulations upon the typical American? For anyone with any real world experience in business, it’s well known that it costs money to comply with government regulations, and in a lot of cases, it can be extremely costly. But how costly they can be is something that can...
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$70 Million More Reasons to Hate the IRS


Thursday June 20th, 2013   •   Posted by Craig Eyermann at 7:18am PDT   •   2 Comments

Over the last several months, we’ve shared a lot of stories where the people who run federal government agencies are clearly and consistently putting the interests of their bureaucrats ahead of those of the American people. Today’s example, reported by the Associated Press, comes from the scandal-plagued Internal Revenue Service: The Internal Revenue Service...
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“This Is Our House!” Government Unions Own the Capitol


Wednesday June 19th, 2013   •   Posted by K. Lloyd Billingsley at 9:21am PDT   •   10 Comments

On June 5, some 8,000 government employee union members rallied at the California capitol. “We’re letting them know this is our house!” said union boss Yvonne Walker of the Service Employees International Union (SEIU), California’s largest government employee union. As it happens, Walker is right. Government employee unions do own the place, and members...
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Crony Capitalism Is Alive and Well


Tuesday June 18th, 2013   •   Posted by Cherylyn LeBon at 1:28pm PDT   •   1 Comment

It appears we are not at a loss for problems in the Obama Administration. The IRS is the gift that keeps giving; Ed Snowden vows that more information will be forthcoming on how the NSA intrudes into our lives; and now it is rumored that the First Family’s upcoming trip to Africa may cost...
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Does Government Surveillance Protect Americans?


Monday June 17th, 2013   •   Posted by K. Lloyd Billingsley at 9:19am PDT   •   0 Comments

As we have noted here, surveillance issues are not new. When the Senate and House recently reauthorized the Foreign Intelligence Surveillance Act (FISA), Senate majority leader Harry Reid said the measure was imperfect but necessary to “protect us from evil in this world.” California Sen. Dianne Feinstein claimed that FISA had led to 100...
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It’s Not Math, It’s Arithmetic


Monday June 17th, 2013   •   Posted by Craig Eyermann at 5:10am PDT   •   2 Comments

Meet Ed Markey, presently an elected member of the U.S. House of Representatives from Massachusetts and the front-running candidate in that state’s special election to fill the U.S. Senate seat left vacant by John Kerry’s move to become the U.S. Secretary of State: The Daily Caller captured the key comment in Markey’s debate with...
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