By Bill Wilson – On Wednesday, MSNBC’s Martin Bashir launched the most transparently biased and abusive segments yet against Tea Party activists. Not content to simply repeat the slurs of the usual suspects of the legacy media, Bashir out-did himself by trotting out one of the most […]

By Bill Wilson – Tolkien called it the “day the strength of men failed” when the people of Middle Earth failed to destroy the One Ring.  So it was with the votes to increase in the debt ceiling, as the American people have received little in exchange […]

By Bill Wilson – A late deal struck by House and Senate leaders to raise the debt ceiling — with spending cuts that won’t balance the budget anytime soon, if ever — is a sad commentary on the state of affairs in Washington. There is no solution […]

By Bill Wilson – The Obama Administration has been attempting to strong arm credit rating agencies to back off their threats to downgrade the United States’ Triple-A credit rating , and even to endorse the Reid plan in the Senate that falls far short of the agencies’ calls to cut at least $4 trillion to prevent a downgrade.  To the agencies’ credit, they have not backed down.  How dare the Administration try […]

By Bill Wilson – Barack Obama is trying to run out the clock. He is attempting to get the debt ceiling debate as close to Aug. 2 to back House Republicans into a corner which they cannot get out. Likely at the last minute, the Senate will […]

The only vital difference between the House and Senate plans is Iraq and Afghanistan.  The Senate plan places a cap on spending which includes war spending, and the House plan allows the discretionary spending cap to be adjusted to pay for the war.  So, while […]

By Bill Wilson – With White House talks ended over Obama’s insistence on job-killing tax increases, it is time for House Speaker John Boehner to turn up the pressure for spending cuts on the Senate. On July 22, just minutes after defeating the House-passed “Cut, Cap, and Balance” […]

By Bill Wilson –  According to a recent analysis by Reuters’ Steven Johnson and Daniel Bases , a threatened credit rating downgrade of U.S. treasuries by S&P, Moody’s, and Fitch could drag down state and municipal bonds, leading to higher borrowing costs at a time when governments are already strapped for cash. “All three major ratings agencies have said […]

Senator Tom Coburn, a member of the ‘Gang of Six,’ has admitted that the bill, if all of its $3.7 trillion in savings over ten years were even realized, would only  represent 40 percent of the solution to restoring order to the nation’s fiscal house.  Coburn said even if enacted, Congress is ‘going to have to change it because this is just 40 percent of the way.’  Only 40 percent of a […]

By Bill Wilson – Today, the House of Representatives is voting on the “Cut, Cap, and Balance Act,” legislation that would cut $111 billion out of the budget immediately, cap spending to a percent of the Gross Domestic Product, and send a Balanced Budget Amendment to the states […]