Last night marked the much anticipated second part of a series of South Park episodes that sparked controversy recently. In a post that ran Wednesday, I reported on the death threats targeted at the show’s creators. It appears that the extremist website (Revolution Muslim) harboring the threatening video has been removed. Watch a video here [...]
During questioning last week on Capital Hill, Office of Management and Budget (OMB) Director Peter Orszag admitted the Obama administration intends to break the law and use TARP funds for whatever they desire.
Passed by Congress in 2008 using scare tactics, the $700 billion TARP bailout specifically designated that all monies recouped must be used to pay down the national debt. But President Obama has included the [...]
New York Times op-ed columnist Paul Krugman does not believe that tripling the federal deficit in one year’s time is anything to be concerned about. He compares what he calls “fiscal scare tactics” to the “fear-mongering on weapons of mass destruction.”
Mr. Krugman needs some lessons in basic economics and the law of unintended consequences. The [...]