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Deficit as National Security Threat?

Posted by Doug Ragan

WSJ’s Jerry Seib previews his column in tomorrow’s Journal in which he writes the federal budget deficit has become so large, it’s time consider it a natural-security threat. Plus, the News Hub provides a February market outlook and also discusses the findings of a new autism study.

Also see U.S. stock futures fall as European health [...]

The Index of Economic Freedom

Posted by Doug Ragan

According to the Heritage Foundation and the WSJ, the US no longer qualifies as a free economy. Other countries are taking advantage of the economic downturn to increase freedoms, while the US is losing freedom. See the video here.

Obama Raising Taxes On Middle Class and Wealthy, Video

Posted by Doug Ragan

The video from MarketWatch mostly discusses tax increase on the wealthy and businesses. But according to Reuters, The Obama administration’s plan to cut more than $1 trillion from the deficit over the next decade relies heavily on so-called backdoor tax increases that will result in a bigger tax bill for middle-class families.

If the provisions are [...]

Slide Show: Redistribution and the Impact of Obama’s Policies

Posted by Doug Ragan

In the slideshow, Tax Foundation President Scott Hodge explains the concept of income redistribution and discusses who currently pays for government programs and services, who benefits, and how new policies will change that balance.
Very interesting video that is only about 5 minutes and really shows how dependent the people of this country are on the [...]

Who Is Watching How Our Money Is Spent?

Posted by Troy Stouffer

Back in February, after President Obama and the Democratic majority in Congress passed the $787 billion stimulus bill, we were told no to worry about massive fraud and waste because they government was going to closely monitor where the money was going. Vice President Joe Biden even went out and threatened the local and state [...]

Economy is Recovering BEFORE Obama’s Plan Takes Hold

Posted by Doug Ragan

Economists have been saying since last year that banks are consolidating in an effort to increase their lending power. We now see that Wells Fargo has posted a $3 billion first quarter profit due to increased business lending and mortgage refinances.

The Undaunted Dozen

Posted by Doug Ragan

Got this email from Romney’s Free & Strong America PAC. Wanted to pass it on to show support for Republicans who voted against porkulus 2009.
Douglas,
I wanted to make sure you heard the news that the Democratic Congressional Campaign Committee (DCCC) is targeting 12 House Republicans who voted against the $800 billion wasteful stimulus bill. They [...]

Fact Checking The Stimulus Bill

Posted by Doug Ragan

Stimulus Bill Bravado
February 13, 2009
Obama claims the stimulus legislation will do all sorts of things. But there are no guarantees.
Summary
In recent weeks, in his pitches to Congress and the public on the need to pass the economic stimulus bill, Obama has made several claims about what it would do. (Republicans, too, have made stimulus boasts [...]

Obama Lies Again

Posted by Doug Ragan

“If you are like most people, including me, and you’ve got one house … it turns out that under current law you can’t modify that mortgage if you are in bankruptcy,” Obama told a townhall meeting as he campaigned for an $800 billion economic stimulus package being debated by lawmakers.
The retarded one needs to read [...]

The Return Of The Politics Of Fear

Posted by Troy Stouffer

As the debate over the massive spending bill heats up in the Senate, the outrageous rhetoric has stooped to new lows. The $800 billion “stimulus” package that the Democrats pushed through the House of Representatives has continued to expand to more than $900 billion. Instead of fulfilling the promise of “trimming the fat” from government, [...]