By Robert Romano – This year alone, American taxpayers spent $420 million to fund the Corporation for Public Broadcasting (CPB). As America holds a $14.1 trillion debt, many fiscally conservative organizations and politicians are calling for taxpayer funding to end as well as asking for airtime on […]

By Robert Romano – In 2010, unemployment benefits exploded to a record high of $157 billion, according to the White House Office of Management and Budget .  The increase, up from $32 billion in 2007 and $42 billion in 2008, largely comes from Congress actively increasing the length of time under which benefits can be received, from […]

By Robert Romano – “If we continue down on the path on which the fiscal authorities put us, we will become insolvent, the question is when,” said Dallas Federal Reserve Bank President Richard Fisher after a recent speech at the University of Frankfurt . That is an alarming proclamation coming from a prominent central bank official. Not only because of the dire warning, but […]

By Robert Romano – House Republicans have unveiled a very strong presentation they are making to constituents while Congress is on recess this week .  It could indicate that a strong push is coming to rein in mandatory spending, meaning the $61 billion the House has proposed cutting from non-defense discretionary is only the beginning of the work to be done in bringing the nation’s fiscal House […]

By Robert Romano – Once again, Congress has passed a short-term continuing resolution, this time with $6 billion of cuts over three weeks, which would bring the total of cuts passed this year to $10 billion. The reason for the stop-gap measure is because Harry Reid’s Senate […]

By Robert Romano – “It looks increasingly that Democrats are attempting to orchestrate a government shutdown, hoping to lay blame at the feet of Republicans, not unlike the 1995-96 shutdown.” So says Americans for Limited Government President Bill Wilson . How else to explain the fact that Senate Democrats […]

By Robert Romano – Is there a right to be hired? That’s what the 214-member Confidential Employees Organization, a public sector union representing employees of the San Jose City Council, seem to think. Controversy erupted when City Councilman Pete Constant wanted to save the city, which currently […]

By Robert Romano – Are we under economic attack? The author of a controversial 2009 Pentagon-contracted report, Kevin D. Freeman, seems to think so. Penned for the Department’s Irregular Warfare Support Program (IWSP), “ Economic Warfare: Risks and Responses ” outlines a “potential direct economic attack on the U.S. Treasury and U.S. […]

By Robert Romano – A bill by South Carolina State Representatives Bill Sandifer and Dwight Loftis would allow for the manufacture and purchase of incandescent light bulbs in South Carolina that are currently subject to a federal ban that begins to take effect in Jan. 2012. “State Representatives Sandifer and Loftis are taking the lead in protecting the rights of South Carolina consumers, who don’t want the federal government telling them which […]

By Robert Romano – The big-spending politicians in Washington cannot say they were not warned. As the financial system was brought to its knees in 2008, a torrent of government spending, borrowing, and money-printing was unleashed by Congress, the Treasury, and the Federal Reserve. First, Fannie Mae […]