Archive for July, 2011

A Debt Deal Without $4T in Cuts is a Double Whammy

Sunday, July 31st, 2011

Yesterday I wrote of the consequences we face if the debt-ceiling is raised and if President Obama chooses to default. The reality is even worse. The compromise being sought by establishment Republicans, The Senate, and the president will ultimately lead to both higher inflation AND higher interest rates. A crushing double whammy on the US economy. The “limited magnitude” […]

If we are to Change the Debt Ceiling, Lower It

Sunday, July 31st, 2011

With all the debate and rancor over the debt ceiling reality has been shoved down Alice’s rabbit hole. President Obama now talks of indirect taxes in reference to the effect higher interest rates will have on America. In fact, the reality is, higher interest rates only effects borrowers. The de-valuation of the dollar affects all […]

Go Marco, Go!

Saturday, July 30th, 2011

Today on the Senate floor, Marco Rubio gave an incredible speech on the raising the debt ceiling debacle. He also did a rare thing — yield some of his time so John Kerry could interject some comments and questions to Rubio during his speech. I think you’ll like Rubio’s responses to Kerry’s questions. It’s good […]

Welcome, MikeinValdosta, and Big News readers!

Saturday, July 30th, 2011

After a long blog break, we are back at it, and we have some new changes to make this site more fun for everyone! First, we’d like to welcome MikeinValdosta as a new writer. Check out his articles, The Commerce Clause Must be Redefined and The Wisdom of Checks and Balances for a taste of […]

The Wisdom of Checks and Balances

Saturday, July 30th, 2011

The Founding Fathers were not perfect. Slavery was wrong. Women’s suffrage was wrong. Dividing the Federal government into three separate branches with checks and balances on each other, and limiting their authority to those powers specifically enumerated within The Constitution was pure brilliance. The bi-cameral congress was an act of providence. I bring this up […]

The Cruel Joke that is the Boehner Plan

Saturday, July 30th, 2011

Well, now that the GOP House has screwed the pooch and passed the Boehner debt ceiling increase bill, it’s worth reading Andy McCarthy’s Against the Boehner Plan to see what we got. To Thomas Sowell, the Boehner plan seems commendable because it would not only “spare the country a major economic disruption” but also “spare […]

Another Blow to Global Warming Alarmism

Thursday, July 28th, 2011

The facts just keep piling up against the Global Warming alarmists, but don’t wait on the EPA to let facts get in the way of their anti-fossil-fuels agenda. This lastest news comes from NASA, New NASA Data Blow Gaping Hole In Global Warming Alarmism: NASA satellite data from the years 2000 through 2011 show the […]

Obama is No Lincoln

Wednesday, July 27th, 2011

Check out Jonah Goldberg’s observations on Obama’s Towering Inferno, aka the debt ceiling “debate”. Imagine you’re in a burning office building. Obama’s plan for getting out alive: “Okay, you guys break up into different groups and come up with a series of proposals about how we get out of the building. I will then negotiate […]

Communism is Heavy

Wednesday, July 27th, 2011

Jon Stewart on the debt ceiling debate: The Daily ShowGet More: Daily Show Full Episodes,Political Humor & Satire Blog,The Daily Show on Facebook

The Commerce Clause Must be Redefined

Thursday, July 14th, 2011

The Commerce Clause is an enumerated power granting the United States Congress the power “To regulate Commerce with foreign Nations, and among the several States, and with the Indian Tribes”. The Tenth Amendment states the Constitution’s principle of federalism by providing that powers not granted to the federal government nor prohibited to the states by […]

Watch for the day when it becomes, marked: ‘Account overdrawn.’

Wednesday, July 13th, 2011

This wonderful Michael Ramirez cartoon fits nicely with this small excerpt from Francisco’s Money Speech in Ayn Rand’s “Atlas Shrugged”: “Do you wish to know whether that day is coming? Watch money. Money is the barometer of a society’s virtue. When you see that trading is done, not by consent, but by compulsion – when […]

Obama Channels Marx

Monday, July 11th, 2011

Was Obama off the prompter at his speech this morning? He let slip his belief and affection for Karl Marx’s classic quote: “From each according to his ability, to each according to his needs”: The American Thinker blog has the story: Video of Obama’s Marxist moment. * * * UPDATE: Fred Thompson weighs in on […]

Class Warfare, Obama-style

Monday, July 11th, 2011