26 December 2011 0 Comments

Bob Casey Is Barack Obama in Pennsylvania: His Ideas Can Be Beaten

Keegan Gibson and Carolyn Davis report PoliticsPa 29 November 2011  on Bob Casey poll: “According to a pre-Thanksgiving survey from Public Policy Polling, 40 percent of Pennsylvanians approve of the freshman Democrat’s job performance while 34 percent disapprove.  It’s been the same story for Casey this year – numbers that are on par or better […]

3 November 2011 0 Comments

The Fiscal Iceberg: US Debt and Deficit – Eurorpean Debt and Deficit – Deck Chairs

I think the next election will be, in part, Main Street v. Wall Street. Recently, I read two books Reckless Endangerment by Gretchen Morgenson and Joshua Rosner(2011), both of the New York Times, and The Big Short by Michael Lewis(2011). RepbulicansDemocratsWashingtonNewYork, all one spider web and we are caught. “Fractional banking” taken to unheard of […]

20 September 2011 0 Comments

Export-Import Bank Part 5 – General Electric’s Billion Dollar Taxpayer Subsidy

CATO’s Sallie James analyzes US Export-Import Bank, its stated purposes and real world result Time to X Out the Ex-Im Bank   Table 2 Top 10 U.S. Beneficiaries of Export -Import Bank Loans and Long-Term Guarantees, FY2010 General Electric Co. Total Revenues $150,211,000, 000 Total Long Term Guarantees $ 1,043,000, 000   – 7.2 % of […]

19 September 2011 0 Comments

General Electric’s Jeffrey Immelt’s Open Advocacy of European Social Democratic Welfare State & Government Central Planning – Export-Import Bank

General Electric’s Jeffrey Immelt – Corporate Collectivist – the German Social Democratic Welfare State Model is the model for the US. France, Japan and China are admirable models for Jeffrey Immelt, an American businessman. In my view, State Power and Business Wealth are a lethal combination, a Leviathan of money and power, is not good […]

12 September 2011 0 Comments

USS Titanic: Barack Obama, Captain

Unlike Our Captain, The Captain of the Titanic did not steer the ship into the iceberg.   The Titanic did sink    S&P downgrades US credit rating for first time in our history. Washington Post August 5, 2011 Zachary A. Goldfarb.    

29 June 2011 0 Comments

Pat Toomey: End Ethanol Subsidies

In accord with his message of Economic Freedom, Pat Toomey with clarity and coherence explicates his opposition to Ethanol government subsidies which, by government fiat, misallocate resources. Legislation cosponsored by U.S. Senator Pat Toomey (R-Pa.) to end ethanol subsidies passed the U.S. Senate this afternoon by a wide bipartisan margin, 73-27. The Ethanol Subsidy and […]

5 June 2011 0 Comments

Obama Administration: Tax By the Mile – European Welfare State Model

The Obama Administration is following European Social Democratic Welfare State model of “Tax by the Mile”. The U.S. Rapidly Moving Toward European  Welfare State Model: Government Entitlements Now 35% of Wages Note that Democrats had control of both House and Senate as of January 1, 2007 and the “Trifecta” of Presidency and Congress as of […]