09.23.2011

Free Markets and Choice Key to Preventing Depression

By Bill Wilson — In the face of a deteriorating economy, the liberal-left has been scurrying to assign blame for the impending disaster while offering “solutions” that would further entrench their stranglehold over America.  It has become a mantra, repeated over and over from all quarters of […]

09.22.2011

The Fed Twists Itself into a Pretzel

By Bill WilsonOn Sept. 21, the Federal Reserve announced its latest plan to “[t]o support a stronger economic recovery and to help ensure that inflation, over time, is at levels consistent with the dual mandate”. Dubbed Operation Twist after the famous 1960’s dance, this time the Fed plans to sell $400 billion of short-term U.S. treasuries […]

09.21.2011

Treating the NLRB symptoms not enough

By Bill Wilson — New legislation by Rep. Austin Scott (R-GA), the “Protecting American Jobs Act,” would remove all judicial powers from the National Labor Relations Board (NLRB), and send all disputes arising under U.S. labor law to federal courts. Other recent proposals have aimed narrowly at reining in the Board’s […]

09.20.2011

The Week Ahead: Obama’s $1.5 Trillion Tax Hike and Pelosi’s Attempt To Create Jobs

By Frank McCaffrey — Hear from ALG President Bill Wilson on the President’s “balanced approach.” This is, of course, new taxes. Also we analyze a recent speech from Nancy Pelosi on job creation.

09.20.2011

Obama’s capital implication

By Bill Wilson — When Berkshire Hathaway chairman and chief executive Warren Buffett wrote his love letter to Barack Obama begging to have his taxes increased — a move that prompted Americans for Limited Government to note up to $1 billion in back taxes his company may owe — he implied that he would be comfortable paying capital gains taxes at a higher rate, and that those gains ought to be treated equally […]

09.19.2011

$140 Billion States Bailout Mirrors Europe

By Bill Wilson — Tucked away in the $447 billion so-called jobs bill — which won’t create jobs — is yet another bailout of bankrupt states like New York, Illinois, and California. This time, the bailout totals $140 billion. This comes atop $145 billion states got out […]

09.16.2011

The dragon shows its teeth

By Bill Wilson — If China is going to bail out Europe from its own self-inflicted debt crisis, its premier, Wen Jiabao, wants a few things in return.  Namely, it wants World Trade Organization (WTO) “market economy” status conferred on it, which would help its companies in […]

09.15.2011

Risk Takers will lead us out of recession—not government

By Bill Wilson — As Congress responds to the President’s jobs speech, the employment news continues to be grim with zero new jobs created in August.  This Labor Department announcement combined with the White House’s officially having raised their projections for joblessness nationwide to more than 9 […]

09.14.2011

Why can’t Republicans cut spending?

By Bill Wilson — In the 2010 elections, Republicans won an historic victory — picking up 63 House seats and 6 Senate seats — predicated largely on the mandate to cut spending and borrowing in Washington, D.C. Republicans railed against the Obama Administration’s proposal to take in more than $1 trillion in new debt every year for the next ten years , when by 2021, the national debt […]

09.09.2011

Obama’s story of America

By Bill Wilson — For Barack Obama, economic prosperity for 14 million Americans seeking a job is just a matter of borrowing a few more dollars, and printing yet more money. And of course, paying your fair share — by Obama’s rules. It is Obama’s “story of […]

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