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TRUE: ObamaCare IS a Government Takeover of Health Care
Congressman-elect Robert Hurt recently called ObamaCare a “government takeover of health care,” a claim that PolitiFact.com deemed FALSE: In summary, yes, government regulation of the existing system increases under the new legislation. More people will be [...]
An Examination of Available Data, Part 2: How Did TARP Get Repaid, and Where Did All Those Bonuses Come From?
In our previous post we began a report on how the Fed is using its balance sheet to protect TBTF banks and their investors. Now let's dig a little deeper into data recently pried out [...]
An Examination of Available Data: Part 1
What a difference a little disclosure makes. For the remainder of this article, remember this timeline: Bear Stearns crisis, March, 2008. Lehman Brothers bankruptcy, September 15, 2008. TARP, October 3, 2008. AIG Financial Products taken [...]
Tea Party victory on atrocious spending bill
Since I made a negative post earlier this morning, I thought I’d balance it with something positive. (And I can’t overstate how positive this is.) The Statists in Washington thought they could ram one more [...]