Criminals intent on stealing millions of dollars from consumer bank accounts plan to unleash a massive cyberattack on major U.S. banks, security firm McAfee warns in a new report, confirming a warning from RSA, the security division of EMC…
Category: Economy
Class Warfare On Steroids
Obama’s main goal in the fiscal cliff negotiations is to impose a class-warfare tax hike, presumably thinking this will give the government more money to spend. But, recent evidence from the United Kingdom suggests that he won’t get nearly as…
The GOP Must Stop The Capitulation Carousel
Dan Mitchell of the Cato Institute says that the backdoor negotiations on solving the fiscal cliff and reducing the deficit are irksome because our fiscal problem is excessive government spending. Red ink is merely a symptom of that underlying problem. Politicians…
GOP: Hurling Conservatism Over A Cliff
The GOP machine has become a bunch of liberal Democrats whose only care is to retain their power. If this were not the case, they would have pulled out all the stops and fought Democrats’ excessive spending over the last four…
Bless Your Heart: Drop Your Drawers and Bend Over
According to Reuters, the Internal Revenue Service has released new proposed regulations for investment income taxes on capital gains and dividends earned by high-income individuals that passed Congress as part of the 2010 healthcare reform law. The 159 pages of…
The Fiscal Cliff In Nondefinable Terms
The biggest question we have to ask ourselves is there really a fiscal cliff or is it just the matter of a crisis too good to waste? Is Obama really attempting to fix the economy or push his socialist agenda? Is Boehner …
Should Obama Be Giving Our Money To Terrorists?
America is the place that the rest of the world looks to for help. Where do our own citizens look when they are hungry, homeless or affected by a natural disaster? We give billions of dollars to countries all over the…
America’s Reality are Old Soviet Jokes
I have seen the future and ran away. At first the move to America from the former USSR made me feel as though I had made a jump in time, from the stagnant depraved past into a distant dynamic future.…
Just Like Thelma and Louise
According to Michael D. Tanner of the CATO Institute, America isn’t just headed for a fiscal cliff – we flew off it long ago like Thelma and Louise thanks to our out-of-control spending habit. Tanner writes: “federal spending is set…
Virginia Earns a “D” For Disparity in Public vs Private Wages
A report recently released by Citizens Against Government Waste gives Virginia a “D” for its large gap between state and private sector compensation. The study for CAGW by John Dunham & Associates, a New York-based economic research firm, analyzed state…
The 2013 Bipartisan Recession
Gary North wrote an interesting, lengthy article in which he explains how “Boehner Has Obama by the Boondoggles.” On January 1, 2013, federal taxes will go up – there is no way around it. Both Boehner and Obama are sniffing…
Dreaded AMT Will Hit Taxpayers In 2012
Middle income taxpayers – beware – the dreaded Alternative Minimum Tax (AMT) is about to bite you in the butt. The AMT makes for a fine Exhibit A for anyone trying to make the case that the U.S. tax code…
Compromise Is About Mutual Concessions
It was only a matter of time before the GOP would once again throw in the towel and toss aside any pretense of standing up for their supposed principles. We’ve been through this numerous times through the backroom concession deals…
Obama’s “Green” Military Wasted $100 Million Of DOD Budget
Most Americans and even some so-called “experts” in D.C. assume that the Pentagon’s defense budget of $600 billion is actually spent on defense. After all, defending our nation and protecting the inalienable rights of every citizen guartanteed by our Constitution…
GOP Has Failed Conservatives
Andrew C. McCarthy is the author of the New York Times bestsellersThe Grand Jihad and Willful Blindness. He is a contributing editor at National Review and co-chairs the Center for Law & Counterterrorism at the Foundation for Defense of Democracies.…