Archive | November, 2011

Obama’s Social Security Nominee Favors Rationing

17. November 2011

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So far Barack Obama has cut $500 billion from Medicare to fund ObamaCare and has nominated multiple individuals who favor rationing to positions of power. But quick, someone tell me again that it’s Republicans who are threatening the social safety net. The latest Obama nominee who favors rationing: “If Americans are serious about curbing medical [...]

Biden’s Transparency Meeting is Closed to the Public

17. November 2011

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Irony is lost on these people. “At 1:00 PM, the Vice President will attend a meeting of the Government Accountability and Transparency Board in the Eisenhower Executive Office Building. At 2:30 PM, the Vice President will meet with representatives of the National Sheriffs’ Association in the Roosevelt Room. These meetings are closed press.” (It was [...]

Cain, in Florida, Complains About “Gotcha” Questions on Cuba Policy

17. November 2011

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Not just in Florida, either. He was campaigning in the Cuban-American community, which has a long history of supporting Republicans seeking office. So you’d think he would have at least some overview of major Cuban-related issues. But apparently not. Herman Cain considers those to be “gotchas”. Cain, who last week stumbled over questions about what [...]

“Patriotic Millionaires” Calling for Higher Taxes Not So Willing to Donate to the Government Themselves

17. November 2011

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The so-called “Patriotic Millionaires” who have called for higher taxes for themselves held a press conference on Capitol Hill yesterday. Michelle Fields of The Daily Caller took along her iPad to see just how committed these 1%ers were to forking over more dough to Uncle Sam. She pulled up the Department of Treasury donation page [...]

Annual Profits of America’s Entire Financial Sector Would Fund Government for 23 Days

17. November 2011

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The next time someone tells you we can fix our fiscal problems by raising taxes on Wall Street, throw this back in his (or her) face: Three years later, the financial sector, despite coming under scrutiny for its role in the financial crisis, has returned to prominence, accounting for 29 percent — $57.7 billion — [...]

Postal Service Announces $5.1 Billion Loss

17. November 2011

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This is what happens when your business is: 1) Based on an out-dated model that has failed to keep up with technology; and 2) Is heavily unionized. The U.S. Postal Service said it ended another fiscal year with billions of dollars in losses, an expected announcement that continued to illustrate the agency’s shaky financial picture. [...]

Congressional Report Exposes TSA’s Ineffectiveness, Bloated Bureaucratic Waste

16. November 2011

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Take off your belt. Okay, now your shoes. And remove your laptop from your carry-on. Your liquids are more than 3 ounces? In the trash they go. And if you could just stand in that machine so a stranger can see you naked, that would be great. Also, even though we can’t be trusted with [...]

NYPD Arrests Occupy Protester Who Threatened to Firebomb Macy’s

16. November 2011

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Verum Serum brought it to attention and talk radio pounded the message home. Now the Occupy Wall Street protester who threatened to firebomb Macy’s department store is in custody for threatening terrorism. Nkrumah Tinsley, 29, was busted after cops saw his tirade at Zuccotti online, where he was recorded on video claiming he would torch [...]

Fox News Poll: Gingrich Leads Field, Followed by Romney and Cain

16. November 2011

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The third poll in recent days to have former speaker Newt Gingrich in either second or first place. So this is really happening, huh? A Fox News poll released Wednesday shows Gingrich’s support doubling in the last three weeks. He stood at 12 percent in late October — before the Cain harassment allegations and Rick [...]

Feds Now Expect to Lose $23.6 Billion Auto Bailouts

16. November 2011

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The cost of bailing out Barack Obama’s union supporters. The Treasury Department dramatically boosted its estimate of losses from its $85 billion auto industry bailout by more than $9 billion in the face of General Motors Co.’s steep stock decline. In its monthly report to Congress, the Treasury Department now says it expects to lose [...]