We all gain an understanding of gross income vs. net income when it comes to tax time and many of us forget the relationship shortly after.  What do these two terms have to do with our economy? The U.S. G.D.P. (Gross Domestic Product) is an
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I am linking a New York Times article and not doing much to comment..  the author is spot-on and saying everything I have said in other posts.  It’s a great read, should be linked to anyone and everyone that thinks that somehow health care reform will save our country’s economy. The points to understand are
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In a last-minute move, two key actions have taken place in the NY 23 special election that show that Conservatism is on the rise. First, Dede Scozzafava, a liberal Republican has dropped out of the race leaving only Bill Owens, a liberal Democrat, and Doug
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Much of the media has been declaring an end to the recession.  I have been on the sidelines for months now and a few talking heads were not going to get me to throw my assets at a loser market. I have done my best
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While the NRCC is not endorsing Hoffman or dropping its support of Scozzafava, it is becoming evident that they are no longer putting any real effort into getting Dede elected. Hot Air reports that the RNCC will be continuing to run anti-Democrat (Owens) adds, but not spending any money on pro-Scozzafava media.  Red State is
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Yesterday, Nancy Pelosi revealed the almost 2,000 page monstrosity of a health care bill from the House of Representatives.  I am not sure if our Congressmen will read it, but I knew I had to. I spent nearly 8 hours speed-reading and trying to notate
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Fox news reported that the new House Bill will be formally announced tomorrow morning.  The bill does contain many of Obama’s wishes and the resultant costs: “..includes new requirements for employers to offer insurance to their workers or face penalties, fines on Americans who don’t
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Today’s Washington Post published an article that sites a new survey showing Conservative Party candidate Doug Hoffman as the leader in the N.Y. House race. “The poll shows Hoffman taking 31 percent to 27 percent for businessman Bill Owens (D) and just 19 percent for state Assemblywoman Dede Scozzafava (R).  Jon Lerner, who conducted the
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The American and international press has been pointing-out Obama’s lack of decision-making and his dearth of accomplishments.  Obama has now made it evident why it has taken almost a year for him to make key decision or get much of anything done.  He sees all the ills that pleague our country as inter-connected.  Due to
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In the Government Accounting Office’s October “Report to Congressional Committees” on TARP, it is apparent that TARP’s success.. isn’t that apparent. The report recommends filling important positions with permanent staff instead of the consultants currently manning them, but what really stands out is when the
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On Friday, Rick Santorum threw his support behind Doug Hoffman in the controversial N.Y. District 23 House race.  In a recent Conservative Daily News article, it was noted that the GOP is backing a very liberal candidate in this race.  As of Friday, many top republicans have parted ways with GOP leadership and supported Hoffman
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Senate Majority Leader Harry Reid has realized that a robust public option isn’t going to pass, mainly because he can’t even get liberals to agree that it’s a good thing.  So now he’s working to find out if a public plan that allows States to
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Many Conservatives (yes, I always capitalize it – correctness not my forte) , feel that the Republican party has been slipping into irrelevance.  In-fact 73% of us are screaming at the top of our longs (that being equal to the most-recent Rasmussen opinion poll), that we are not happy with the G.O.P. leadership – at
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In a recent Rasmussen opinion poll, Conservatives have sent a strong message to the failing leadership of the Republican party.  The results of the poll indicate that, “73% think Republicans in Congress have lost touch with GOP voters”.  Consider me in that group.  I have
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Last year the economy crashed. Now, the stimulus has stimulated, the Federal Reserve has eased, Geihtner has.. well done whatever he does, and Obama has spoken (certainly that should have fixed everything). So how did we hit 9.8% unemployment since the stimulus was an emergency action that would keep unemployment from going over 8%, pumping massive amounts of liquidity into the economy should have loosened credit, little Timmy G. and Obama bought GM, AIG and Chrysler and they helped everyone buy a new car that wanted one? It must be that G.W. Bush must still be affecting the economy from his ranch in Texas…

President Obama has renewed his argument that we have to pass this legislation or his plan (whatever that is) because inaction is not an option.  While most people agree that inaction is not an option, why is voting for the progressive’s tax-and-spend fiasco the only
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The last week has produced a euphoria in the market-place. The DOW has crossed (and again fallen below) this psychological barrier in the stock market. Many point at the crossing as a sign that the market is recovering. The DOW industrial index has gone from
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I do not associate myself with a political party, because none of them represent my views. The Republicans are just as corrupt, mindless and manipulative as the Democrats. But what about you… the readers? Could America ever elect a true conservative. A true conservative would look to eliminate Social Security (over time of course), eliminate
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The Wall Street Journal published an article by Eleanor Laise that highlights an increasing practice by employers.  Taking more-and-more control of employee’s retirement accounts. “The greater employer control is a philosophical shift in 401(k)s and other defined-contribution plans, which held $3.5 trillion at the end
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In a Hot Air post by Ed Morrissey, we learned that Democrat strategists are concerned that without the record turnout from black voters that they enjoyed in 2008, they may be in for trouble.  ACORN is just trying to survive and is in no condition
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Unfortunately, just as the other bills that have come out of House and Senate committees, it doesn’t fix health care at all – and it costs a fortune.

So much attention has been paid to H.R.3200 and the Baucus bill that the HELP bill has been largely ignored. Now this other Senate bill becomes very important.

The combination of federal efforts to combat the financial crisis coupled with mortgage assistance programs makes the taxpayer the ultimate guarantor of a large portion of home mortgages

An up-to-date look at what’s happening in the economy.

Summary of controversial or otherwise interesting Congressional resolutions, bills, and activities.

The Obama administration has gone on the offensive claiming that Fox News is, “the research arm of the Republican party”.

Liberals would have everyone believe that there is consensus for the President’s plan and that Republicans in Congress are out-of-touch, have no ideas on health care, and are the “party of no”.

In the past few weeks several news stories purporting foreign actions against and for the dollar. Which is it?

So Obama won’t sign any bill that isn’t “deficit-neutral”. Max Baucus leads the charge to create a health care bill that fits that description. Unfortunately, that is not the same as fiscally-responsible.

In every news cast, presidential speech and health care commercial we hear that the President’s bill will.., or the President’s bill won’t… What is the the President’s bill?

So what might a compromise bill look like? It might contain the VAT tax from H.R. 3200, the medical business taxes from H.R.3400, a public option, and $300 Billion in Medicare cuts

In March of this year, there was a firestorm of libertarians and ultra-conservatives taking up the call of John Galt from Ayn Rand’s Atlas Shrugged.  Galt is a bright inventor/engineer that decides to quit furnishing his skills to the economy when his company goes Marxist.
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There are at least two major pushes left if the public option is to be defeated.  Currently, the administration is using backroom maneuvers to push for Congressional support from the middle.  Why backroom?  The Congressional leadership knows that if it creates the kind of outcry
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Under Bush, the United States was ranked as the 12th best place to live in the world.  Barack has taken the reigns with a promise of increasing our status in the world.  Well, similar to Saturday Night Live, the U.N. may believe he has done nothing to manage that. This year, the U.N. says that
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In a Rasmussen opinion poll released today, the latest figures show that support for the big-government style of health care is on the rise.  Last week, the opinion poll found that while 41% supported the plan, 56% opposed it.  In today’s release, 46% support the liberal tax-and-spend approaches that the President and the Congressional majority
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Barackobama.com published the President’s three-part vision for education: Improve K-12, expand access to higher education, and preparing children for kindergarten.   Is this more talk from a blow-hard or is this at least one area where Obama has put some substance behind his style? The website says that K-12 will be improved through aggressive recruiting of
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No idea how real, relevant or believable it is… but it’s out there in the blogness… thought I would share. ACORN couldn’t pay the rent, took off, and left this stuff behind: Acorn’s Power Plan

During his campaign run, Barack Obama disparaged past leaders for having created an atmosphere in which the rest of the world despised America.  Obama had promised to, “renew the nation’s promises” because he believed that we had, “a unique opportunity to reboot America’s image around
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I went into the gym yesterday and was overjoyed to see that no one was there.  That allows me to pick what is on the television whilst I sweat-away.  I chose Fox News. About 10 minutes into my routine a young woman asked me if I was watching what was on the television.  Naturally, I
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In a set of reports today, it became apparent that GM and Chrysler were not keeping up with Ford… at all. Both Chrysler and GM borrowed billions from tax payers thanks to the current administration. We were even told that a great return on our investment would be forthcoming. Not so. Instead, the companies that
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