By Kevin Mooney – When the history of the Obama Administration is written, astute observers are likely to note that one of the great unintended consequences has been a revival of federalism. This is true not just in a theoretical sense, but in terms of […]

By Robert Romano – “We are in a double-dip housing recession,” declared Americans for Limited Government President Bill Wilson , commenting on a Zillow, Inc. report showing a 22 percent increase in negative equity, a measure of homeowners owing more than their properties are worth and an increase in foreclosures for the first quarter of 2011 . “Zillow’s data confirms what Case Shiller reported two weeks ago , with home values plummeting to their April 2009 lows,” Wilson noted. Except, none of this was supposed to happen. When Barack […]

By Kevin Mooney — Just prior to the one year anniversary of the moratorium on Gulf of Mexico, Sen. David Vitter (R-La.) has announced that he will introduce the Agency Moratorium Act. The legislation would require congressional approval for expansion of federal regulations restricting energy […]

The unemployment rate has increased to 9.0%–a blow to the Obama administration’s claims that the recession is over and that jobs are returning. The reaction from the Obama administration to the increase in unemployment? Apparently, they are “pleasantly surprised.” Obama’s top economic adviser Austan Goolsbee said the following: “This was a solid […]

By Rick Manning – The incentive to spend more and more money is at the heart of our government’s budget crunch as millions of dollars are spent simply because there is no incentive not to spend it all, even if t isn’t needed. U.S. Congressman Denny Rehberg […]

By Kevin Mooney — As a way to attack America from within, Osama bin Laden very shrewdly seized upon the cause of climate change to advance his agenda. In a videotape message that was broadcast back in January 2010, the terrorist leader criticized the U.S. […]

By Kevin Mooney – When Sen. Mitch McConnell (R-K.Y.) floated an amendment earlier this year that would effectively repeal ObamaCare, formally called the Patient Protection and Affordable Care Act, union operatives offered up a forceful defense of the legislation. The Service Employees International Union (SEIU) […]

By Robert Romano – It’s a perfect economic storm, and the clouds that are gathering now will have grand implications for 2012. Three mortal dangers imperil the U.S. economic Ship of State — and Barack Obama’s hopes at reelection, as each of them calls into question the […]

By Kevin Mooney – British Petroleum is anxious to start drilling at 10 existing development and production wells in the Gulf of Mexico before the end of the summer. However, officials with the Bureau of Ocean Energy Management, Regulation and Enforcement, have told members of […]

By Bill Wilson – China may be preparing to cut its foreign exchange reserves by about two-thirds, down to about $1 trillion from its current $3.04 trillion level, according to Chinese news service Xinhua . Why? China simply has too much money , according to Zhou Xiaochuan, the head of the People’s Bank of China.  “Foreign-exchange reserves have exceeded […]