$4.242 trillion. That’s how much debt has been added since Nancy Pelosi and Harry Reid took control of Congress and passed their first budget. That’s a 32 percent increase to the national debt in less than three years, which now stands at to roughly $13.249 […]

By Kevin Mooney — Will the extension of unemployment benefits further add to the deficit and undermine long term economic prospects? Or, will congressional action help cushion out of work Americans who could lose out on future payments? These questions are explored in  recent news reports appearing in […]

What does $39,400 in campaign donations to Charlie Crist’s campaign for Florida’s open Senate seat buy ? How about a $536 million, 72,800 acre land deal by the state of Florida to the U.S. Sugar Corporation, based on an appraisal value of the property taken at the height of the real estate bubble, and where the company would still […]

By Howard Rich – Contrary to Barack Obama’s rhetoric about protecting consumers, his new financial reform law represents a dangerous big government power grab that willfully ignores the true roots of the recent financial crisis. It is also the latest example of America’s “march to […]

CNBC reports that Goldman Sachs and JP Morgan CEOs are fuming that they were not invited to the Obama financial services takeover bill signing ceremony. Citibank was there, Bank of America was there, as were other big banks – while Goldman and JP Morgan were on the […]

By Kevin Mooney — With the Senate’s Democratic leadership now poised to introduce a “compromise bill” on energy policy to the floor next week, lawmakers are talking up the merits of renewable technology. Key concessions are being made to placate wavering Republicans who oppose the […]

Apparently acknowledging the failure of his so-called “stimulus” to meaningfully produce jobs, Barack Obama blasted Republicans for not supporting his plan to pass another unemployment extension, this time another $34 billion for those whose benefits have reached the statutory limit of 26 weeks. Previously, Congress […]

By Kevin Mooney — After losing out on “card check” legislation, the Obama Administration is now working aggressively through administrative channels to unravel secret ballot safeguards at the direction of organized labor. The key player here is the National Labor Relations Board (NLRB), which sent […]

Late Thursday, in the aftermath of final passage of the Financial Takeover bill, it was announced that Goldman Sachs would pay a $550 million settlement fee to the Securities and Exchange Commission in the civil suit where the SEC charged Goldman Sachs with fraud. Oddly, […]