By Bill Wilson — The latest installment of the Obama theater of the absurd plays out today in Cushing, Oklahoma, where Obama, who personally stopped the building of the pipeline from Alberta, Canada, to Texas, is now attempting to take credit for the private company, TransCanada, decision […]
By Bill Wilson — In an era when the EPA seems to believe the water in one’s tub is a ‘navigable water’ subject to Clean Water Act restrictions and onerous fines, it is good to know that the agency’s compliance order dictates are still subject to judicial review. The agency in this case was actually […]
By Bill Wilson — Obama has added more debt in a single term than any president in American history — indeed, any leader in world history. By the end of this calendar year, the Obama Administration, through its policies, will have added $4.925 trillion to the national […]
By Bill Wilson — Today, on March 20, U.S. Treasury Secretary Timothy Geithner will be testifying the House Financial Services committee on the state of the international financial system. This is an opportune moment for members to ask tough questions about U.S. taxpayers’ role in propping troubled […]
NRD Editor’s Note: This article appeared in The Washington Examiner on March 16, 2012. By Bill Wilson — Yesterday, the International Monetary Fund (IMF) approved a whopping $36.7 billion bailout of the banks that are owed money by the government of Greece. Shockingly, U.S. taxpayers are on the hook for […]
By Bill Wilson — To date, the IMF has given Greece and European banks $26.8 billion in kick-the-can refinance loans. Now the IMF, which the U.S. funds, is bailing out the banks that bet poorly on her debt with another $36.7 billion. Our stake was already $13.5 […]
By Bill Wilson — As we begin to see what’s in it, as Nancy Pelosi suggested we do, the true costs of Obamacare are being revealed by the Congressional Budget Office. Now we know that through 2022, t he price tag will rise to $1.75 trillion —and counting. This proves that the out-years always were […]
By Bill Wilson — Leave it to the New York Times’ Paul Krugman to find a tautological rationale for never cutting spending. Writing March 11 on the €105 billion default of Greece , Krugman warns U.S. policymakers against “trying to reduce deficits too quickly, while the economy is still deeply depressed”. Krugman is resisting the often-made comparison […]