Financial News

Obama Considering Executive Actions on Taxes

Unrestrained liberalism is expensive. That’s no big deal when you have a Democrat Congress willing to hike taxes, but it’s a problem when you’re staring down Republicans. So, what do you do if you’re President Obama? The Affordable Care Act was supposed to pay for itself, but that’s looking less likely by the day. Amnesty costs are spiraling out of ...

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“Potential Criminal Activity”: IRS Scandal

In another one of those dark Obama administration scandals the mainstream media seems intent to ignore, the IRS coverup surrounding the illegal targeting of conservative groups is heating up once again. Thursday night, the Treasury Inspector General for Tax Administration gave the House Oversight Committee an update on Lois Lerner’s missing emails. Making no bones about it, Deputy Inspector General ...

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Gun Buybacks: An Opportunity for Profit

When states and municipalities began developing “gun buyback” events, they saw them as a way to get dangerous firearms off the streets. With a strict no-questions-asked policy in place, the community was encouraged to come in, turn in their guns, and get some nominal present in return. In some cases, it’s cash, in others, it’s sneakers. In Oregon this month, ...

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Why Stop With Free Community College?

“I won’t have to worry about putting gas in my car. I won’t have to worry about paying my mortgage. If I help him, he’s gonna help me.” – Peggy Joseph, Obama supporter, 2008   Barack Obama swept his way into office on a wave of assumptions that weren’t much less ridiculous than those harbored by Joseph. By obscuring his ...

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$14 Billion Saved at the Pump This Year

2014 may not be a year we’ll look back on fondly as a nation, but there were bright spots to be found in all the gloom. The “ice bucket challenge” demonstrated that America has not lost its charitable spirit, we mercifully avoided a major outbreak of Ebola within our borders, and we threw those damn dirty Democrats out of the ...

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The American Dream Lives On

If there is a concept nearly every liberal can agree on, it’s that the American Dream is dead. Some will even go as far as to claim that it never existed to begin with. And it’s this underlying, unAmerican philosophy that drives the policies of the Democratic Party. It’s this failure to appreciate freedom that drives their attack on the ...

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Vermont Kills Liberal Dream of Single Payer Healthcare

In 2011, Peter Shumlin, the Democrat governor of Vermont, promised to usher in an unprecedented liberal dream for his little corner of the United States. While the rest of the country was concerning themselves with the implications of Obamacare, Shumlin was going to go full-socialist and create single-payer healthcare. He signed a bill creating Green Mountain Care, and observers everywhere ...

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Unconstitutional: Federal Judge Slams Executive Order

For the first time, a sitting judge has weighed in on the debate over President Obama’s deferred deportations decree. Judge Arthur J. Schwab, presiding over a deportation case in Pennsylvania, sent out a memo on Tuesday that accused Obama of moving beyond his executive authority when he decided to make law from the White House. In the process, Schwab hacked ...

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Study: Higher Minimum Wage Leads to Lower Employment

A new study from the National Bureau of Economic Research conclusively shows that minimum wage hikes lead to scarcer employment for low-skilled workers. Titled, “The Minimum Wage and the Great Recession,” the study looked at three federal minimum wage increases rolled out between 2007 and 2009. The results probably won’t make a difference to any liberal who thinks these wage ...

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Brink of Catastrophe: U.S. Debt Passes $18 Trillion

While the eyes of the nation focus on Ferguson, immigration, and Kim Kardashian’s backside, America has passed what RNC Chairman Reince Priebus called “a sad milestone.” The U.S. is now more than $18 trillion in debt, up a startling 7 1/2 trillion dollars since Barack Obama first took office. But while Republicans are trying to position this as a partisan ...

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