Time for Emergency Economic Reform

A year ago, I blogged about Indiana’s governor, Mitch Daniels and the coming “reality check” for state budgets. He said then: “State governments will soon have to choose between a major downsizing or consigning themselves to permanent decline. Wishing for an improbably huge boom while chasing your own tail through self-destructive taxes won’t prove much…

Pay up.

Your share is $42,285. Scott Tipton, GOP Congressional candidate in Colorado tries to collect in this clever campaign ad. Not many takers. (OK, none)

Barack Obama's Endgame

Our spending is not sustainable. We can NOT afford to keep kicking the can down the road. Generational debt? Already out of control. I will also predict this – if the Republicans do not make serious changes – real, substantive changes – once they regain control of Congress, the party will not survive.

Economic high point – the used car market

Economic high point – the used car market

With unemployment rising, home prices crashing, an unstable stock market and talk of a double-dip recession, there is good news for one industry (besides red ink manufacturers, that is.) The used car industry is “enjoying” a surge in the bottom line for their wares. Prices have jumped 10% overall, and by a third in some…

The Bill That Shall Not Be Named

The Bill That Shall Not Be Named

Congress’ official Web site calls it the ‘______Act  of____,’ or the ‘XXXXXX Act of XXXX.’” “A nameless bill for a hopeless cause is a fitting metaphor for a Democratic Congress that refuses to listen to the American people and abandon its job-killing agenda,” said House Republican Leader John Boehner (R-OH). Boehner offered 10 possible names…

Chaffetz: Taxpayer Hero

Chaffetz: Taxpayer Hero

When Rep. Jason Chaffetz ran for office two years ago, he ran a lean, fiscally-conservative campaign, one that remained debt-free – an unusual feat for a challenger.  He campaigned hard on a promise of fiscal restraint and has earned a reputation as a fiscal hawk.  From pointing out money wasted on mohair subsidies to calling…

Let them eat cake

Let them eat cake

Or something like that.  In a summer where many Americans took a “Stay-cation”, or  drove to  Grandma and Grandpa’s, did a bunch of free stuff and then came home, our First Lady is on a $400,000 vacation in Spain.  She took her daughter Sasha, the Secret Service and some friends and their daughters and headed…

You(can)Cut government programs

Back in May, U.S. Rep. Eric Cantor (R-VA), Minority Whip, launched “You Cut” – a program where “we the people” can go to a website and select programs that should no longer be funded by the federal government. Each week, the “House Economic Recovery Solutions Group” posts new proposals and asks site visitors to vote…