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Sen. Orrin Hatch: Obama Fiscal Proposal ‘Classic Bait and Switch’
  1 Dec 2012     4:12 pm      Warner Todd Huston

Senator Orrin Hatch (R, Utah) delivered the GOP weekly address and it was a damn good one.
He pulled no punches and laid it out straight that Obama lied when he ran for re-election and perpetrated a “classic bait and switch” maneuver. What ever you think of Mr. Hatch or the GOP, he spoke truth in this one.

Transcript:

“Hi. I’m Senator Orrin Hatch from the great state of Utah.
“The holiday season is upon us: a time when families come together to celebrate and reflect on another year gone by—and another …

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Why Obama is Wrong to Brag About the Auto Bailout
  17 Oct 2012     7:50 pm      Brian Garst

In last night’s debate, President Obama once again bragged about pouring  taxpayer dollars into GM and Chrysler, while chastising Mitt Romney for wanting to “let Detroit go bankrupt.” Presuming that Detroit in this context refers to the auto companies that received a bailout, this charge makes no sense. They did go bankrupt. The problem, as the following video explains, is that the bankruptcy process was hijacked by the administration and used to achieve political ends, rather than being allowed to serve its role in the economy.
Sbarro went bankrupt last year, …

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Obama Needs to Stop Saying ‘I Am GM, Hear Me Roar’
  4 Sep 2012     2:15 pm      Matt Vespa

If I have to hear left-wingers touting the “success” of the auto bailout one more time, I might as well toss a chair through my window.  It’s patently false to say that the auto bailout was a success.  Furthermore, it was more of an United Auto Workers union bailout than it was for the auto industry.  As Amy Payne of Heritage wrote back in June:
The Treasury Department estimates that taxpayers will lose $23 billion on the auto bailout. Sherk and co-author Todd Zywicki [both are economists for Heritage] find that none …

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How Obama Enabled Unscrupulous Banks to Foreclose on Innocent Homeowners
  5 Aug 2012     4:01 pm      Rachel Alexander

The epidemic of home foreclosures has been made far worse than necessary due to the banks’ unwillingness to work with homeowners. Although Congress has passed numerous laws to force the banks to assist homeowners, the banks have found ways not to comply. The banks also brazenly break other laws to further their profits at the expense of homeowners, most recently by falsifying interest rates in theLIBOR scandal.
Regular middle class Americans everywhere have unjustly lost their homes to foreclosure. They ended up in homes they could not sell due to the …

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Solyndra Republicans, Why the GOP Cannot be Trusted
  22 Jul 2012     7:26 pm      Warner Todd Huston

On Friday, July 20, Politico reported that GOP leadership in the House beat back an attempt by recalcitrant members of their own caucus to continue to quietly support the sort of pork spending that gave us Solyndra in the first place.
House GOP leadership has been beating the Democrats up for the pure wasteful spending that was Democrat support for the now bankrupted “green energy” company Solyndra. But a few Republicans on the House Energy and Commerce Committee wanted to buck the anti-bailout theme and quietly keep the spending program that …

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TARP Banks Caught Falsifying Interest Rates in LIBOR Rate-Setting Scandal
  19 Jul 2012     12:20 pm      Rachel Alexander

One of the few issues which both the political left and the right agree upon is rooting out financial corruption by the banking industry. The latest banking scandal involves big banks submitting falsified data in order to keep their borrowing rates low. As many as 16 banks worldwide have been submitting false information to LIBOR, the London interbank offer rate. LIBOR is considered one of the most crucial interest rates in finance. It is the average interest rate the world’s largest banks pay when they borrow money from each other, …

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New Silicon Graffiti Video: Where Krugman Has Gone Before
  23 Jun 2012     4:09 pm      Ed Driscoll

Rather than shoot the new video in the newsroom set we typically use as home base, I decided to borrow a used Apollo capsule and Saturn rocket to make my way to Space Station V. What better place to discuss the alien invasion that’s about to strike planet earth?
Or at least the one that Paul Krugman of the New York Times has publicly called for on two different occasions, first during an interview with CNN host Fareed Zakaria in 2011, and then just last month on Bill Maher’s HBO series. …

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Success! Obama Spent $10B to Create 355 Jobs Per Year
  21 Jun 2012     5:19 pm      Warner Todd Huston

Well, after the news from the Obama administration of its “highly successful 1603 tax program” the fantastic program that is responsible for successfully creating literally dozens of jobs at a mere cost of 10 billion tax dollars, why, I don’t want to hear you naysayers out there dissing the big guy again!
The Washington Free Beacon brings us the good news of this great Obama success having received a statement saying:

“The highly successful 1603 tax program has played a critical role in the dramatic expansion of America’s renewable energy industry over …

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Welfare, Not Work: Obama Shuts Down Minority Business Agency
  20 Mar 2012     5:00 pm      Warner Todd Huston

Hosannas. Obama has finally cut some federal spending. But noting which agency he shut down is sort of emblematic of his whole welfare/big government-pushing presidency.
On Friday, the Department of Commerce announced that it would be shutting down all five regional offices of the Minority Business Development Agency, an agency that was created by Richard Nixon to help develop minority businesses.
The administration claims that it will be saving around $30 million per year by eliminating the offices in Atlanta, Chicago, Dallas, New York, Los Angeles, and San Francisco.
Chicago Congressman Bobby …

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Green Failures
  30 Jan 2012     5:12 pm      Michael Fell

Here are a few of the latest companies to join the growing list of “green” “sustainable energy” failures that have been supported by the current Administration’s deficit “stimulus” spending. All this financing has been done using your tax dollars…well, actually tax dollars to be paid in the future by your grandchildren and great grandchildren to China. Plus interest:
Evergreen Energy-Which has filed for Chapter 7 bankruptcy, saying it’s “impossible to maintain operations” due to funding shortfalls. This announcement comes after the company received $5.3 million in “stimulus” funds.
Amonix Inc.-A manufacturer of …

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After Billions in Federal Bailouts, Now GM Lobbying States for More?
  30 Jan 2012     12:49 pm      Warner Todd Huston

How much bailing out does one company need? (The correct answer is none, of course) After receiving some $50 billion in tax dollars from us courtesy of Obama’s “cash stash,” GM is claiming success with a “

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An Open Letter to the Occupiers from Generation X
  20 Jan 2012     11:04 am      Rachel Alexander

To the Occupy movement:
I know some of you mean well. I even share some of your concerns. The dismal economy has made it difficult to find a good job with benefits. Meanwhile, the government is bailing out the wealthy banks and mortgage lenders that helped precipitate this depressed economy.
I hear your frustrations about student loan debt. Generation X has a lot of student loan debt too, with little relief available. The older generations have indebted our generations for years down the road, and with the rising costs of school tuition, …

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Republicans pushing to rescind Democrats’ $100 billion EU bailout fund
  18 Jan 2012     12:00 am      Wintery Knight

Here’s a shocking story from Matthew Boyle of the Daily Caller.
Excerpt:
When California Democratic Rep. Nancy Pelosi was the Speaker of the House in 2009, President Barack Obama and congressional Democrats authorized $100 billion in spending as a line of credit for the International Monetary Fund to be used in times of emergency — funds that could now be used to bail out European banks.
As the Eurozone takes a turn for the worse and chatter heats up about more European Union and IMF bailouts across the continent, Republicans in Congress are pushing to rescind the $100 billion set-aside.
That …

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Every Year Boondoggles Pile Up in California
  15 Jan 2012     12:20 pm      Warner Todd Huston

The left-wing idea that it’s good for government to always wildly increase spending is dying a quick death these days. But this good sense has not made it to every state in the union yet — two disastrous states in particular; California and Illinois.
These two states have not learned the lesson about the ruinous government spending that is causing the country to teeter on the brink of bankruptcy.
Apparently, Illinois and California are vying for worst-state status. Moody’s Investment service, for instance, has rated Illinois the worst, but Standard & Poor’s …

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Video: Obama: Capitalism and Liberty Don’t Work
  8 Dec 2011     12:00 pm      Warner Todd Huston

Barack Obama, President of the United Deniers of America, is slamming the country again. This time he ways that capitalism, liberty, and American principles have never worked.
Speaking in Osawatomie, Kansas, where in 1910 an off-the-rails Teddy Roosevelt laid out a new socialist-inspired dream for America he entitled the “New Nationalism,” Obama had a few choice words for our American principles.
In his speech, Obama went for the gusto in class warfare rhetoric characterizing anyone that makes a few dollars as the eeevil rich that refuse to be “fair” to the poor. …

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CNN Soft Peddles ‘Occupy’ Lawbreaking, Asks if Police Have ‘Sympathy’ With Occupiers
  3 Dec 2011     10:00 am      Warner Todd Huston

On November 30, CNN’s T. J. Holmes gave us a great example of how the Old Media is soft peddling the law breaking going on at the Occupy events in order to make these events seem far less dangerous and illicit than they are. Like many in the Old Media, Holmes seems desperate to give lawbreaking Occupiers as much cover as possible — a benefit they never offered the Tea Partiers.
In an interview with an L.A. city police commander about the clearing of Occupy Los Angeles, Holmes did his best …

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The Chevy Volt: Detroit’s Hottest Car (Cuz They Catch on Fire and Stuff)
  29 Nov 2011     1:04 pm      Warner Todd Huston

Government Motors has finally found its hottest car and the Chevy Volt is it. Unfortunately for Chevy, it isn’t because it is popular. It’s because the car seems to catch on fire a lot. Industry watchers are preparing for the Volt to undergo a recall to fix whatever problem the car’s lithium-ion battery pack has that seems to be causing the vehicles to spontaneously burst into flames.
Of course, this little catching on fire problem seems emblematic with everything about Government Motors. After President Barack “Lee IaJokka” Obama pumped $53 billion …

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How Radical is Obama? This Radical…
  29 Nov 2011     8:00 am      Warner Todd Huston

Barack Obama is very successful at one thing: the bait and switch. He stands before America presenting a picture of a hard-working moderate and claims that he wants to work with the Republicans to get things done. In reality he won’t even meet with them. He talks about compromise, but never offers any. He mouths kind words abut the business sector but uses his powers to make new regulations to destroy its profitability. In short, he’s a radical even though he doesn’t play one on TV. His modus operandi is …

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Kinder, Gentler OWSer Vows to Assassinate Governor
  26 Nov 2011     2:12 pm      Warner Todd Huston

-By Warner Todd Huston
A whack nut Occupy Wall Street sympathizer in South Carolina was a bit miffed when Governor Nikki Haley “allowed” the police to begin arresting the dregs at Occupy Columbia. In fact, he was so mad that he took to his Facebook account and threatened to murder the Governor.
So much for the Occupy-Whatevers being wedded to “non-violence,” eh?
KLTV Channel 7 News in Jacksonville, Texas has the story…

When 26-year-old Nathan Shafer heard about the arrests of 19 Occupy Columbia members outside the State House last Wednesday, he did what …

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There Isn’t More Political ‘Polarization,’ There’s More Government
  23 Nov 2011     1:52 pm      Warner Todd Huston

Ron Fournier of the National Journal has committed the same mistake in political analysis that far too many others on both sides of the aisle make. He thinks, like many do, that there is somehow more “polarization” in Washington today than ever. Like all the others, he’s wrong. There isn’t any more than there’s ever been.
He then leaps to the claim that the political system is “broken.” It really isn’t.
Fournier goes on to make an even more egregious mistake assuming that this “polarization” will cause the rise of a third …

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