To purportedly tame the progressive rise in gas prices, President Obama visited a North Carolina truck manufacturer on Wednesday to unveil a new $1 billion plan to advocate electric and alternative vehicles through consumer incentives and federal grants for states.
Sometimes secularism sounds legitimate. One of the more thoughtful arguments used by proponents of a secular state, or of a state that mandates the removal of all religious and moral speech and symbols from public life, is Frenchman Frederic Bastiat's 1840 classic treatise, The Law.
As part of the 2009 federal “stimulus” law, the Detroit Department of Human Services (DHS) received an $11 million grant courtesy of U.S. taxpayers. Of that money, $148,000 was spent on providing business attire for low-income job seekers — all two of them.
The Obama administration continues to deflect blame over soaring gas prices, and conservatives and congressional Republicans have been quick to excoriate the President for his costly environmental measures. President Obama’s energy policies, critics allege, have prompted not only an increasingly heavy burden at the gas pump, but also are shaping a progressive rise in Americans’ electric bills.
“Load sixteen tons, and what do you get? Another day older and deeper in debt… ” — Tennessee Ernie Ford
As scrutiny of the Federal Reserve System and public outrage over its actions continue to build, lawmakers on both sides of the aisle are working on proposals that would supposedly rein in the Fed or at least change the way it operates. And a new measure aims to tackle some of the issues head on.
In another purported attempt to spur "job creation," Senate Democrats will try to transform their $109-billion transportation bill into law this week. In this delicate economic time, and as the federal government continues to deepen the nation’s mounting deficit, the call for roads, bridges, and trains has met resistance. So congressional leaders are reverting to the Democratic rally cry that has become ingrained in the Obama administration’s political ideology: Government creates jobs.
Here’s a headline that’s sure not to boost investment and job creation in Pennsylvania: “Wyoming First, Pennsylvania Worst In Business Taxes.”
With the time counting down to the next United Nations conference on “sustainable development,” a new report recently published by the United Nations Environment Programme (UNEP) clearly indicates that the UN’s approach to the entire topic is to expand the power of government to regulate and control all levels of economic development throughout the world.
Officially, the United States’ federal budget deficit for 2011 will be roughly $1.3 trillion, a staggering and almost incomprehensible amount of money. But this doesn’t even come close to the actual shortfall faced by the Treasury this year. “The $1.3 trillion budget deficit would be $4.2 trillion if the change in the current cost of Social Security and Medicare promises during fiscal 2011 were included,” according to a Washington Post op-ed by Bryan R. Lawrence, founder of New York-based investment partnership Oakcliff Capital.