Finally. Obama has decided to retreat back to his 2011 rhetoric where sequester was not a bad thing. Just a month ago, Obama was saying that the sequester would “imperil our economy, our national security (and) vital programs that middle class families depend on.” Further, it would be a “a huge blow to middle-class families and our economy […]

By Adam Bitely — If you are reading this, you have survived sequestration. The world didn’t end. Food is still safe to eat. Planes are landing safely on runways. Invading armies are not storming our shores. And life is continuing on normally just as it […]

By U.S. Rep. Vern Buchanan — What do robotic squirrels, Martian food and zombies have to do with the impending sequester?  Everything. The government spent $325,000 last year constructing a robot squirrel to replicate the interaction between rattle snakes and the small-sized rodent.  Meanwhile, NASA […]

By Robert Romano — Somehow, despite sequestration, the sun rose today, and it will set. Schools opened as scheduled. The children were still picked up and dropped off by their buses. Hospitals, police, and firefighters all remained on call should the need arise. Planes did not fall […]

Great news, even with the sequester, the federal government will spend more money next year than they did this year. So there is no reason to panic that the government is going to fall into the abyss.

By Bill Wilson — Time for a little history lesson. Sequestration may in fact have been Obama’s idea, but it was brought to the floor in the House of Representatives not once , but twice by Republican leaders. There, it was approved not once , but twice . In the Senate it passed easily with bipartisan […]

Check out this great infographic from Cato that tells the truth about the sequester. For more on the sequester, be sure to check out ALG President Bill Wilson’s column “The non-existent spending cuts wrought by the ‘devastating’ sequester” .

By Bill Wilson — $54.9 billion. That is how much the Federal Reserve holds in capital to back up its $3.1 trillion balance sheet — a ratio of just 1.8 percent. That’s a pretty small margin for error, especially if the central bank were to ever take any losses on its […]

By Bill Wilson — 41 percent. That was all the Euro establishment in Italy could get to vote in favor of ceding sovereignty to the European Union in that country’s latest parliamentary elections . The elections came after former Prime Minister Mario Monti stepped aside after his unpopular budget was adopted. The […]

NRD Editor’s Note: This column was originally published at Forbes.com. By Bill Wilson — In a city known for its perpetual evasion of responsibility and chronic shifting of blame, Washington D.C.’s sequester debate is more of the same — albeit with an interesting twist. Ordinarily spending debates in our […]