This week, the Conservative Daily News team decided to focus on liberty.  With the 8-28 Restoring Honor rally this weekend, it seems logical that we would focus on a foundational principle of our republic – individual freedom. “A free people [claim] their rights as derived
[continue reading...]

Modern Monetary Theory (MMT), or Chartilism, is not as innocuous as it sounds, and America can trace her every current  financial woe to it. Developed in the 1920s, and approved of by John Maynard Keynes, it became the hidden standard of our economy when we moved completely to a fiat money system and away from
[continue reading...]

The non-partisan Congressional Budget Office (CBO) produced the most-recent version of it’s periodic report on the state of the nation’s economy.  The report was as dreadful as expected: debt rising and tax receipts going down, but you knew that already.  What’s different is how they are either lying to candy coat how bad things are
[continue reading...]

A progressive author by the name of Ryan Normandin has an agenda against the Tea Party as he makes obvious by creating a post to dismantle the “Contract From America”.  It is not my self-identified post to defend the Tea Parties, they can do that
[continue reading...]

Must see trailer! I Want Your Money trailer…Set against the backdrop of today’s headline – 67% of Americans don’t approve of Obama’s economic policies, the film takes a provocative look at our deeply depressed economy using the words and actions of Presidents Reagan and Obama and shows the marked contrast between Reaganomics and Obamanomics. The
[continue reading...]

The specter of deflation is looming.  Federal Reserve chief Ben Bernanke, the President’s economic advisor Paul Volcker (remember him from the Carter years?), and Treasury’s Timmy Giehtner are all worried that the inflation they have been trying so hard to elicit isn’t coming fast enough
[continue reading...]

For decades we’ve all known the Social Security was in trouble. No more!!  MoveOn.org has calmed the waters and published the truth – all while using an absolute fiction. This post at the liberal site attempts to convince its readers that there is nothing wrong with Social Security – move on folks, nothing to see
[continue reading...]

In their current battle to tax-and-spend us into economic collapse, the left has dug up or created every statistic they can to somehow justify taking more money away from Americans and letting the government spend it. This is not a new battle or a new
[continue reading...]

Are we on the verge of an Economic Collapse? In my opinion yes, and it is intentional, but I’ll let the CBO give you a heads up before I give my opinion. Federal Debt and the Risk of a Fiscal Crisis July 27, 2010 Economic
[continue reading...]

A co-worker brought up an interesting point when we were discussing the Greek crisis.  He said, “California isn’t really in all that different shape”.  That sparked an idea,  I decided to take the very next EU citizens mad about losing entitlements article and put California everywhere the disgruntled Europeans were represented.  The article that showed
[continue reading...]

Scott Redler penned an article on Forbes.com that discusses how all the bailouts and rescue plans are setting the global economy up for a terrible fall. Well, I’ve got news for you: Spoiled children always grow up dysfunctional.  Rewarding nations for overspending and under-delivering sets a dangerous precedent. “Le Tarp” gives money to countries that have
[continue reading...]

The Obama administration and liberal Congress have been telling us that health care reform is absolutely necessary to reduce national deficits.  In a Guardian article, Katie Allen reports that although Britain has the National Health Service (full universal health care), it’s deficits are climbing to rates that make Greece look fiscally-responsible. European commission’s spring forecasts
[continue reading...]

As I reported last month, Obama has nominated Andy Stern, the leader of the Service Employee’s International Union (SEIU).  Now the concerns are mounting over the quality of this choice and Obama’s true motives for his fiscal policy group. The Washington Times reported that Mr.
[continue reading...]

Democrats are citing the recent CBO scoring of the combination of S.3590 (the bill that passed the Senate in December) and H.R. 4872 (the Reconciliation Bill in the House) as proving that health care reform will reduce the national debt – it will not.  In
[continue reading...]

Tax-and-spend liberalism has been replaced by spend and don’t tax enough radical liberal policy.  It’s not sustainable and definitely not fiscally healthy.  In a Washington Post article they state: President Obama‘s proposed budget would add more than $9.7 trillion to the national debt over the next decade, congressional budget analysts said Friday. Proposed tax cuts
[continue reading...]

In a Washington Independent article, Martha White writes that tax cuts and reductions to federal expenditures are to blame for the collapse of state budgets: A decade’s worth of cuts in federal aid combined with states moving to copy Bush administration tax cuts have led to states filling revenue shortfalls with regressive tax policies that
[continue reading...]

For the last year, we have all been beaten over the head repeatedly with the notion that health care costs are rising so fast that families can’t afford their insurance.  Is anyone applying the same formula to Congress?  They don’t mind spending our money in a care-free manner. We’ve built numerous post-offices and airports as
[continue reading...]

Foxnews.com is reporting that the liberal Congress is about to run back to the well to pull almost $2 trillion from our children’s pockets. Obama did not take a scalpel to the budget as he said he would and now Congress is coming back to the trough to pay for everything Barack failed to cut.
[continue reading...]

Republicans talk about lowering taxes and getting our deficits under control.  In reality, they only manage half of that promise.  Now Obama is jumping on the budget-hawk bandwagon saying that after we spend $1 Trillion+ on his entitlement program, we should cut domestic spending.  According
[continue reading...]

It is no wonder we are so deep in dept.  The mind-set of those that voted in  the current Congress is that controlling the national debt would cause our country to default on it’s debt. From the liberal-extremist blog, DailyKOS (I have to source that rag because they didn’t bother to tell us from whom
[continue reading...]

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 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.

Hot Air is reporting that it has obtained a report from the non-partisan Congressional Budget Office (C.B.O.) that shows that Social Security is in more trouble than Obama’s Director of the Office of Management and Budget (O.M.B.), Peter Orszag,  previously reported.  The C.B.O.  and the
[continue reading...]