Amid the fireworks, picnics, symbolic hat tips to the Constitution, family gatherings and pool parties, there is this: The fundamental principles that have attached the concept of freedom to living in the United States have been seriously corrupted.
Take our so-called free press, for example. If you were watching the news for a couple of hours [...]
Twitter and blogs are angry at Obama for wasting taxpayer money on a failing American auto industry? The federal government could end up with a 73% stake in GM. The union and bond holders will own the remaining. In December 2008, Congress failed to pass a bill authorizing a bailout of Chrysler and General Motors. [...]
I’ve ranted a lot about Australian billionaire Rupert Murdoch’s heavy hand when it comes to using his media empire to meddle in American politics. (Well he’s not Australian anymore, he got into a tiff at home and renounced his citizenship and in order to satisfy US laws about owning American media in 1985 he became [...]
This post is neither partisan nor non-partisan. It is simply human. I am not writing this as a Democrat or a Republican or trying to bridge any gap between the two. I am writing it as the mother of three kids who has spent the better part of 50 years trying to make this place [...]
Ed. Note: Kyle Sellers has crafted an excellent response to the questions posed in our earlier post about the proposed GOP budget, and has given permission for it to be reproduced here as a conservative counterpoint and answer to the questions asked. Kyle blogs at KyleSellers.com
My good friend Karoli (who contributes to The Bipartreport, a [...]
@Karoli House Republicans unveiled their alternative budget, which purports to provide a path out of the economic crisis by making the Bush tax cuts permanent, suspending capital gains taxes for 18 months, establishing a two-tier tax system, repeal of the estate tax, lowering the corporate tax rate to 25%, and freezing all spending for 5 [...]
@martinschecter A lot has been argued against the public’s anger over AIG. But intuitively, I’ve been feeling that the over-the-top anger, the extreme Congressional reactions, the actual public intimidation of bankers, while vague, undirected, and perhaps counterproductive to immediate goals, has actually been important. I might not go as far as Bill Mahr and suggest [...]
Republicans are crying “Socialism!” again. This time, it’s because of limited oversight of executive pay in financial companies that would fail were it not for the support of the federal government. As I write this, Fox News is telling me the government wants to “tell companies how much money they can make”. The TCOT Report [...]
I don’t really have time or the brain cells at 1:00 AM to write about the latest AIG feeding frenzy, but I do feel compelled to put something out there to counter the Boston.com article suggesting that the taxpayers are now funding outrageous pension benefits.
Let’s be clear: Non-qualified benefits are subject to forfeiture, are not [...]