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25 September 2011 0 Comments

Fannie Mae Debt Downgraded: S & P Rating Agency

S&P downgrades Fannie and Freddie, US-backed debt How does this happen? Gretchen Morgenson and Joshua Rosner have explicated the Federal National Mortgage Association’s complicity in the subprime meltdown and subsequent bailouts with a clear exposition of the facts written in an accessible journalistic style. “Reckless Endangerment” explains complexity with clarity. For another perspective, see political […]

22 September 2011 0 Comments

Obama Administration’s Energy Policy Part 2: Canada’s $7 Billion Private Keystone XL Pipeline

RedState’s Steve Maley, blogger reports: “Keystone owner TransCanada is willing to take on this massive construction project on its own dime (or rather, its own $7 billion). It needs permission from the U.S. EPA and the State Department, which has jurisdiction due to the international scope of the project. The pipeline should have been under […]

19 September 2011 0 Comments

Unions Lose Big in Wisconsin Recall August 10th

Wisconsin Governor Scott Walker Vindicated by Wisconsin Voters Unions lose big in Wisconsin – for the third time — – David Freddoso Washington Examiner August 10, 2011 A Look at Wisconsin Republican Victory —Michael Barone Washington Examiner August 10, 2011 Interest Groups Pour Millions Into Wisconsin Recalls Sen. Alberta Darling, R-River Hills, celebrating her victory […]

17 September 2011 0 Comments

Heroines of the Republic: Any Puig and Anastasia Pryzbylski – Kitchen Table Patriot

Ana and Anastasia are committed and effective centered on the Constitutional Limited Government, Economic Freedom and Personal Responsibility. Two Bucks County women are darlings of the tea party movement By John P. Martin Inquirer Staff Writer Posted on Mon, Aug. 8, 2011 Inquirer’s John Martin: Both acknowledged their new roles had taken a toll on […]

16 September 2011 0 Comments

Rep. Ron Paul on Michael Savage Show: America’s Devalued Currency

Adam Taxin:  Cong. Ron Paul on air with Michael Savage, says expect to lose value of currency This is a succinct and clear statement by Rep. Ron Paul of the real threat to the Republic, our currency devalued by the itself and the Federal Reserve’s policies, in particular. Adam Taxin writes on Jewish Culture in […]

11 September 2011 0 Comments

S&P Downgrade and Treasury Secretary Geithner’s Prescience

S&P downgraded US Debt on Friday 5 August. Here is a link to April 19, 2011 “The Hill” reminding us of Treasury Secretary Geithner’s prescience (I am being facetious).Treasury Secretary does not come off well in Gretchen Morgenson’s Reckless Endangerment was a “relaxed regulator” as President of New York Federal Reserve Bank in 2004 (page […]

10 September 2011 0 Comments

Sen. Casey and Democrats: Cut US Taxpayer Aid to China!

Even the Democrats have noticed that sending American aid to China may not be a good idea. I am not familiar with aid to promote human rights in China and can’t say whether it does what it is intended to do. Likewise aid to Tibet. This is a first step and more than I had […]

10 September 2011 0 Comments

Government Doesn’t Create Jobs says Obama Administration

As President Barack Obama once again pivots to focus on economic growth, Press Secretary Jay Carney declared Thursday that “the White House doesn’t create jobs.”  which is what Free Market advocates have been saying with annoying consistency. Of course, this statement is true both theoretically as well as seen in the real world where unemployment […]

6 September 2011 0 Comments

Lucy Reminds Us Why We Won’t See Spending Cuts

Budget Deals Passed; Budget Deals Implemented. Three Charts tell us why Senators Reid and Schumer and Casey can’t be trusted with money. Nor Rep. Pelosi Rep. Schwartz or Pres. Obama.

6 September 2011 0 Comments

The Poverty Line: How the Government Calculates Poverty

Interesting article on the invention and evolution of this critically important government statistic: The Poverty Line 27 August 2009 North Philadelphia Houses