By Bill Wilson — It requires a simple majority of the IMF Executive Board to approve lending to any nation, including Greece . With only 16.75 percent of the vote, the U.S. via Meg Lundsager can do nothing to stop more taxpayer-funded bailouts of socialist governments in Europe and their lenders. This is why the Pelosi-Reid led Democrat Congress in 2009 never should have approved […]

Americans for Limited Government filed a Freedom of Information Act request of the Federal Trade Commission (FTC) asking for records related to former deputy assistant director of the Bureau of Competition Randall Long’s communications with Microsoft Corporation. It was announced last week, that Microsoft has hired Long to be its director of regulatory affairs in Washington, D.C. Bill Wilson , President of Americans […]

(H/T Big City Cops )

By Rebecca DiFede — In a recent speech in Michigan , GOP presidential candidate Mitt Romney stated that “deep confidence in a better tomorrow is the basic promise of America” and that he didn’t merely want to change policies but wished to “offer a dramatic change in perspective and philosophy.” Hmm. […]

By Craig Rucker — Legal challenges by states and industry groups over the Environmental Protection Agency’s (EPA) efforts to regulate carbon dioxide and other greenhouse gases could and should be decided in the challengers’ favor. Whether that will happen in this highly politicized, semi-scientific matter […]

To receive the Must Reads in your inbox, click here ! Good Friday morning, Here are the Must Reads according to Adam Bitely : Central banks begin buying stocks… National debt eclipses GDP in size Save the Barred Owl from the Federal Government! Andrew Breitbart remembered Obama’s campaign bully brigade rides again State pensions in the red What America can learn from Portugal’s drug reforms NASA laptop stolen that contains command codes for space station Washington fairy tale of ‘responsible’ moderates George Will: Take Congress, not W.H.

By Bill Wilson — A small number of central banks around the world have begun investing their foreign exchange reserves in equities, according to Bloomberg News . These include the Swiss National Bank, the Bank of Israel, South Korea and others. So far it’s not much, several billion in stock buys by central […]

By Robert Romano — The national debt to GDP ratio is now over 100 percent. It’s official now. Well, almost. We’ll know more when the first quarter Gross Domestic Product (GDP) numbers are published by the Bureau of Economic Analysis on April 27. But, based on a […]

To receive the Must Reads in your inbox, click here ! Good Thursday afternoon, Here are the Must Reads according to Adam Bitely : Rest in Peace, Andrew Breitbart ObamaCare regulations 5 times longer than the length of the bill Scalia’s ObamaCare problem ObamaCare is a contract killer House committee votes to repeal death panels Big Government will choose which owls live and die… Congress needs to act on bills that would stop U.S. bailout of Europe Why is Obama bailing out Greece? Puzzling cheers for higher taxes Auto bailout is helping Obama’s friends at the expense of taxpayers Bernanke can’t blame Milton Friedman George Will: Super PACs cannot crown a king GOP race on pace for summer delegate fight Sowell: Romney should know better about minimum wage law Time to leave Afghanistan? The boy who cried wolf Say goodbye to the king-sized Snickers bar

By Bill Wilson — The IMF, which the U.S. funds, has already committed over $100 billion to bailing out Greece, Portugal, and Ireland.  Now with more money promised to Greece, that means the U.S. stake in propping up Europe will only grow. The U.S. needs to rescind its own $100 billion line of credit to the IMF , only $7 billion of […]