Budget and Government on Townhall
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A New Gold Commision Wed Feb 22Ralph Benko"The gold standard is a modern, digital, information-sharing, global operating standard. Moreover, it is a stable, networking, efficient, price transmission system in the form of a stable international monetary standard," says Lewis E. Lehrman. ... more
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Politicians Fiddle While Fiscal Crisis Looms Wed Feb 22John StosselImagine this family budget: Last year, you earned $24,700. But you spent $37,900, incurring $13,300 in debt, and you were already $153,500 in debt. ... more
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The 'Fairness' Fraud Wed Feb 22Thomas SowellDuring a recent Fox News Channel debate about the Obama administration's tax policies, Democrat Bob Beckel raised the issue of "fairness." ... more
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Donald LambroAn election-minded Congress defused the Social Security payroll tax cut issue last week, but a much more politically lethal time bomb is set to go off at the end of the year. ... more
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Bailouts – Reality vs. Fiction Wed Feb 22Ziad AbdelnourAlbert Einstein once said, “The definition of insanity is doing the same thing over and over again and expecting a different result.” We, the people of the United States of America, appear to have gone insane by allowing the Federal Reserve to bail out businesses here and abroad. ... more
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Academic Hypocrisy Tue Feb 21Thomas SowellIt is fascinating to see people accusing others of things that they themselves are doing, especially when their own sins are worse. ... more
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Is Obama's America God's Country? Tue Feb 21Pat BuchananThe political beliefs of Barack Obama, said Rick Santorum last week, come out of "some phony theology. ... Not a theology based on the Bible, a different theology, but no less a theology." ... more
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Paul GreenbergIt should be coming soon to a campaign stop near you. Watch for it: Still another high-budget, low-content production by the same masterful hand that gave you shows like "Stimuless" and "Solyndra." ... more
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The Party of No Mon Feb 20Dan HollerOn the heels of last week’s payroll tax deal, Washington pundits began asking whether the Party of No was dead. As is often the case, the professional pundits have it all wrong. The Party of No is alive and well. ... more
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Michael BaroneBelievers in central planning should take a look at Washington's Metro rail transit system. While they will find many things to like, they will also see examples of how central planners -- and especially rail transit planners -- can get things disastrously and expensively wrong. ... more
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Donald LambroTwo things you need to know about President Obama's nearly $4 trillion budget for fiscal year 2013: It will likely add another $1 trillion to a $15.3 trillion debt, and Senate Majority Leader Harry Reid says he will not act on any full budget plan this year. ... more
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Obama's Budget Deficit of Trust Wed Feb 15Reince PriebusIn 2009, Obama pledged to cut the deficit in half by the end of his term. On Monday, he officially broke that promise, by unveiling a budget with the fourth consecutive deficit in excess of a trillion dollars. By the end of 2012, the national debt will exceed $16 trillion and by 2022, a whopping $25.9 trillion. ... more
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Ralph BenkoWho stands in opposition to “the [central] bank of the United States, public debt, a navy, a standing army, American manufacturing, federally funded improvement of the interior, the role of a world power, military glory, an extensive foreign ministry, loose construction of the Constitution, and subordination of the states to the federal government”? Hint, these words were not written about Rep. Ron Paul. ... more
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Greek Fire, Euro-Roulette Wed Feb 15Austin BayAnarchists tossing firebombs celebrated the Greek government's latest round of economic austerity measures. In their violent revelry's afterglow, four dozen or so Athenian buildings became party candles and 150 Athenian shops provided presents to any rioter willing to loot them. ... more
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Never Trust Government Numbers Wed Feb 15John StosselPresident Obama said in his State of the Union speech, "We've already agreed to more than $2 trillion in cuts and savings." ... more
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Jacob SullumDecrying "a decade of deficits" on Monday, President Obama declared that "my budget lays out a path for how we can pay down these debts." It is hard to see how that can be true, since his plan would add $6.7 trillion to the national debt during the next decade. ... more
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Obama's Budget: It's My Money, America Wed Feb 15Ben ShapiroOn Monday, President Obama released his budget to the world. As per his usual Orwellian arrangement, Obama called this budget his attempt to implement "fiscal responsibility." Obama's attempt at "fiscal responsibility" works about as well as Madonna's attempts at virginity. ... more
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Obama's Budget is Dead on Arrival Wed Feb 15Donald LambroWASHINGTON - Two things you need to know about President Obama's nearly $4 trillion budget for fiscal year 2013: It will likely add another $1 trillion to a $15.3 trillion debt, and Senate Majority leader Harry Reid says he will not act on any full budget plan this year. ... more
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Happy Days Are Here Again Wed Feb 15Paul GreenbergNo wonder the Titanic became not just a metaphor for a whole, calamitous century but a cliche. The story of its maiden and final voyage in 1912 featured a whole pantheon of modern gods that have failed: science and technology, expertise and efficiency, mathematical probability, the worship of the biggest and best. ... In the case of the Titanic, they all added up to one more chapter in man's unending history of hubris. ... more
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Charlotte HaysA noble band of Republicans legislators on Capitol Hill is doing something almost unheard of in the annals of courage: not jumping through hoops to placate the nation’s feminist minority. ... more
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Another trillion, please? Tue Feb 14New YorkObama unveils new budget calling for 1.3 trillion in deficit spending. Problem is, we don't have it. ... more
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Christopher PrandoniAfter a yearlong fight, House Republicans land a blow against the politicized National Mediation Board (NMB). After assuming office in 2009, President Obama appointed two pro-union members to the three member NMB, the federal agency that oversees union-employer relations in the transportation industry. ... more
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A Blank Canvas Can Be a Beautiful Thing Sat Feb 11Paul GreenbergCongress finally did something right. Or rather it did nothing at all, which was just the right thing to do in these wasteful circumstances. It let the ethanol tax credit expire after 30 years. ... more
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The Price of Obama's Fairness Sat Feb 11Matt PattersonPresident Obama is big on fairness. “Fair” or some variant thereof was mentioned eight times in his State of the Union speech, more than “health care” (twice), his signature legislative accomplishment, or “spending” (three times), the nation’s most pressing problem. ... more
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