Taxpayers Now On the Hook for $9.7 Trillion

From Bloomberg News… Feb. 9 (Bloomberg) — The stimulus package the U.S. Congress is completing would raise the government’s commitment to solving the financial crisis to $9.7 trillion, enough to pay off more than 90 percent of the nation’s home mortgages. The Federal Reserve, Treasury Department and Federal Deposit Insurance Corporation have lent or spent [...]

Ronald Reagan’s First Inaugural

To commemorate what would be the 98th birthday of President Ronald Reagan, I give you one of his greatest speeches — his first inaugural address on January 20, 1981. Inaugural Address West Front of the U.S. Capitol January 20, 1981 This speech was delivered to the nation when President Reagan was inaugurated to his first [...]

Congressional Budget Office: Obama Stimulus Harmful in the Long Run

From the Congressional Budget Office: President Obama’s economic recovery package will actually hurt the economy more in the long run than if he were to do nothing, the nonpartisan Congressional Budget Office said Wednesday. CBO, the official scorekeepers for legislation, said the House and Senate bills will help in the short term but result in [...]

More Democrats Fail To Pay Their Taxes

After Tim Geithner’s well publicized failure to pay his taxes, it looks like another Democrat and Obama cabinet hopeful has failed to pay his taxes. Tom Daschle pleaded his case Monday evening in a closed meeting with former Senate colleagues after publicly apologizing for failing to pay more than $120,000 in taxes. President Barack Obama [...]

Rod Blagojevich Removed from Office; Fair Trial Was Offered But Refused

With the removal of Governor Rod Blagojevich from office, a new era has begun in Illinois politics.  However, the national media seems to have a lot of misconceptions about what’s going on with Rod Blagojevich.  Unfortunately, ignorance of the laws and procedures of the state of Illinois are giving some the wrong idea that Blagojevich [...]

My Article Around Town

Well, it looks like my article The Future of Limited Government has been making the rounds.  My article has been featured at: Tenth Amendment Center Libertarian Republican Blog Australian Libertarian Society Thoughts on Freedom Blog This post will be updated as more are added.

Obama Inauguration’s Carbon Footprint Five Times Larger than Dirty Coal Plant

Over at LP.org, Donny Ferguson shows us another example of hypocrisy… Even though Obama proposes job-destroying tax hikes on employers who emit carbon dioxide, the Institute for Liberty reports his $170 million inauguration had a total “carbon footprint” of 575,000,000 pounds. According to the EPA, the average American coal-fired power plant produces 10,237,509,070 pounds of [...]

What Caused the Financial Crisis? (Part One)

We’ve all heard it.  In the last couple months, the refrain of “deregulation and lack of government intervention” caused the financial crisis we’re currently working through.  However, a quick look back shows that this wasn’t the case.  In fact, it’s pretty clear that the real cause is the exact opposite:  the crisis was caused by [...]

The Future of Limited Government

The Future of Limited Government

If you are not free to choose wrongly and irresponsibly, you are not free at all. – Jacob Hornberger. Every four years, voters in the United States are given a choice between two major party candidates in the Presidential election.  We are often told that either of these candidates are the “mainstream” candidates and if [...]

Tim Geithner’s Tax Problems Signal Larger Need for Change

Here’s an excerpt from a great column about why Tim Geithner’s tax problems signal a larger need for tax reform. But one thing that the debate about what Geithner knew, and when he knew it, hasn’t sparked is a discussion about the dense and increasingly obscure nature of our tax system. It’s an issue that [...]

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