Economy

A Warning About the Socialistic Economic Bailout

Let me clearly state that I don’t like or approve of the recent federal intervention in the United States economy. Government policy over the past three decades, pushed to extremes by left-leaning and radical groups like ACORN and using the Community Reinvestment Act, created the corrupt lending environment that was exploited by Fannie Mae and […]

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3 Reasons Why It Is Foolish to Excessively Tax the Rich

I’m tired of hearing Democrats say we should raise taxes on the rich or the rich should never receive a tax cut. To make matters even more frustrating, they often state this sentiment as if there’s something evil about being rich. Here are three things to consider before embracing the “tax the rich” notion. 1.

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Obama Admits His Plan is Income Redistribution (Marxism)

More than a month ago I asked if Barack Obama’s “Robin Hood” tax plan would redistribute wealth. Based on the fact that only about 65% of Americans pay any income taxes but Obama was promising a “tax cut” to 95% of Americans I knew something was fishy. Because those numbers are mathematically impossible to compute

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NRCC Video Exposes Democrats on Fannie & Freddie Failures

Yesterday the NRCC (National Republican Congressional Committee) released a new web video showing why Democrats, in their own words, are responsible for the failure of Fannie Mae and Freddie Mac. Interestingly, conservative Internet broadcast network Hotair.com called this video “awesome.” I appreciate the video and think it’s a great start. In the future I want

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