05.20.2010

Senate Passes Cloture Vote on Financial Takeover

By Adam Bitely – In a 60-40 vote, the U.S. Senate has passed cloture on the Financial Takeover Bill, clearing the way for final passage. Three Republicans voted with 57 Democrats to pass the cloture vote. The three Republicans were Scott Brown (R-MA), Olympia Snow […]

05.20.2010

Durbin and Dodd Admit Fannie and Freddie to Blame

By Robert Romano – Yesterday, after the Dodd financial takeover bill failed to achieve the 60 votes necessary to end debate, Senator Dick Durbin appeared on the floor to impugn the motives of Republicans. “It’s not surprising that the Republicans are reluctant to be a part of Wall Street reform… We’re trying to change the way Wall Street does business so we never have to face […]

05.19.2010

Chris Dodd Financial Takeover Bill Fails Cloture Vote… Again

By Adam Bitely – For the fourth time, the Chris Dodd financial takeover bill has failed to make it closer to passage. In a vote that concluded moments earlier, the Senate was unable to pass the bill in the cloture vote, failing 57-42. Voting against […]

05.19.2010

Corporate CEOs Called Out for Unpatriotic Energy Policies

By Kevin Mooney — (This is a piece that ran on The American Spectator) As the science underpinning anthropogenic (man-made) global warming steadily erodes in light of new data and in the midst of scandal, the public policy rationale has also shifted. The proponents of […]

05.18.2010

Hilda Solis’ Price Is Right

By Adam Bitely and Andrius Vaitekunas – As we have previously covered here , the staffers that followed Hilda Solis from Capitol Hill to the Department of Labor, have struck it rich. In the Bush administration, the pay raise cap was 20%. In the Hope and […]

05.17.2010

Managing American Decline?

By Bill WilsonSpeaking on CBS’ 60 Minutes last week , Secretary of State Hillary Clinton was asked if America was in decline, to which she replied, “No, we’re not, but it’s a question that has to be answered.” Why? Besides the U.S. being the world’s greatest debtor, the reality Secretary Clinton is […]

05.14.2010

Misery or Prospeity?

By David Nace – In 2010, the citizens of the United States can choose one of two paths, one path leads toward misery, the other towards prosperity. This is not the first time that Americans have faced this choice. They faced this decision in 1920 […]

05.14.2010

The Fed’s House of Cards

By Bill Wilson – The U.S. could be committing as much as $254 billion to the European bailout via the Federal Reserve ($200 billion) and the International Monetary Fund ($54 billion), reports CNBC . That money will in part be used to provide liquidity to the European Central Bank […]

05.12.2010

The Latest Obama Scam: Cash for Mortgages

By Adam Bitely – In four U.S. States the unemployed or underwater may soon be seeing cash for mortgages that they cannot afford. The bailout cash comes courtesy of the U.S. taxpayer. In Arizona, California, Florida and Michigan, state lawmakers are considering using Obama handouts […]

05.12.2010

Cash for Caulkers: The True Beneficiaries

By Rebekah Rast – On May 6th, the House of Representatives approved a $6 billion measure that will provide homeowners with rebates for investing in “energy-efficient” home improvements. How this bill works is it would fund rebates of as much as 50%, up to $3,000, […]

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