NRD Editor’s Update: Check out this interview Bill Wilson on Lars Larson 08-03-10 This could the straw that broke the camel’s back. Yesterday the Senate passed a $26.1 billion bailout for bankrupt states like New York and California, which includes $10 billion for public teachers spending and $16.1 billion for state […]

Making her announcement via Twitter, @SpeakerPelosi has announced that she will call the House into a special session next week. The purpose of the session is to vote on a $26.1 billion states bailout. As we noted earlier today, the states bailout contains funding for teachers unions . Please contact your Congressman and […]

Just now, the U.S. Senate cleared the way for a $26.1 billion bailout to States. But if you read between the lines on this bailout you will find that at least $40 million will end up in the teachers unions coffers. How do the teachers […]

Enough is enough. That is the thought of many Republican Congressmen as well as private organizations when it comes to America’s spending spree. Efforts to save face by the Administration and Obama’s own economists by telling the American people the nation is in a recovery […]

In the Great Depression, the Smoot-Hawley Tariff Act was enacted in 1930 to make goods imported from overseas more expensive to American consumers than domestic goods. The thought was to incentivize the purchase of U.S.-made goods during a devastating economic downturn, boosting the bottom lines […]

Small business groups have joined forces with Sen. Carl Levin (D-Mich.) to block offshore tax havens for large companies and wealthy Americans that come at the expense of job producing enterprises, according to The New York Times. Or have they? Although Sen. Levin has never […]

By Kevin Mooney — When you move past the legislative gamesmanship surrounding a bill that would provide for $30 billion in small business loans, it becomes evident that Republican lawmakers have offered economically sound amendments. However, with the mid-term elections just a few months away, […]

Not less than a week after a $26.1 billion bailout to bankrupt states like New York and California was stripped from a must-pass war supplemental, it has returned. Senate Democrats had failed to muster the 60 votes needed for passage of a House version of […]

In the mold of Obama, when Bob McDonnell came to power in Virginia he went after the jobs/unemployment problem with “solutions” that only Big Government could provide. Consider one of his big highlights that he often touts. Bob McDonnell handed Northrop Grumman $14 million in taxpayer funded handouts to move 300 jobs to Virginia. Oddly, Northrop […]

Last week, the Obama Administration released its Friday afternoon surprise: another $1.47 trillion in debt for the year of 2010. The news comes in the context of imminent tax increases due to occur on January 1st, 2011 as the Bush tax cuts expire. As reported […]