John Merline at aolnews.com highlights six interesting points raised in the recent deficit commission report. I recommend you read his entire piece, but here’s the list without his comments: 1) The federal government is horribly managed. 2) Health reform's cost savings apparently were bogus. 3) Millions of workers don't pay into Social Security. 4) The [...]
Where do I start? ZOMG. Item #1: The Ben Bernank is where he belongs, on the defensive. Let's keep him there. The Bernank had to go on friendly government TV for a softball interview with 60 Minutes. The Bernank: "One myth that’s out there is that what we’re doing is printing money. We’re not printing [...]
As the current congressional lame duck session runs out the clock and spins itself out of relevance, citizens clamor for order and common sense. According to a November 30 AP-CNBC poll, "Americans prefer cutting federal services to raising taxes by nearly 2-1." While the poll shows little agreement on the correct prescription to cure the budget overage woes of [...]
No surprise there--the Senate is still controlled by Democrats pretending that recent election didn't happen. Eight Republicans voted against the ban as well, which also isn't surprising, considering the Republican Party is still populated with many Big Government believers who have no qualms about purchasing votes at taxpayer expense. Fortunately, the Republicans in the House DID vote to [...]
Please join Campaign for Liberty to protest the Federal Reserve on Friday, November 19th from 11:30AM - 1:00PM. The Protest will be held at the Federal Reserve Building in downtown Richmond (Corner of E. Byrd St and 9th St.). Please come join us Friday to protest the Fed's recent moves regarding "quantitative easing"; otherwise known [...]
I originally titled this post “Good News/Bad News on Earmark Reform,” but a shocking update just broke. Instead of rewriting the whole thing, though, I think keeping the original followed by the update will highlight the dramatic turnaround this issue has taken, largely because of the Tea Party's efforts. ---- First, the good: Presumptive Speaker Rep. John [...]
The Virginia Tea Party Patriots Federation has issued a strong condemnation against recent Federal Reserve policy regarding "Quantitative Easing". Read the letter that was sent to VA legislators below: www.virginiateapartypatriots.com Dear Virginia Congressional Delegation: The Federal Reserve, Treasury and White House believe that debasing our sovereign currency by creating inflation is just another policy tool. [...]
Presented without comment: [Click the title above to get to the video.]
You'll often hear from politicians that earmark reform is "inconsequential", because the total cost of earmarks is fairly small relative to the total budget. However, this stance ignores the true perils of earmarking, which is specifically the influence to policy and politicians. Here's an example: Senator X earmarks $5M for "weatherization" in Richmond. As luck [...]
Dammit! In 2008, citizens yearned for government to change its corrupt ways. Obama exploited that sentiment and rode it to the presidency. In the midterm elections, voters rejected Obama’s policies and showed that they yearn for change more than ever. Like Obama two years ago, senate Republicans this year promised they would fight for change. [...]
Have you looked at the national debt clock lately? It has a handy “time machine” feature (top right corner) that is frightening in what it portends for our federal budget if we continue with our out-of-control federal spending. While 2010 looks pretty bad, with a national debt of $13.7 trillion, the clock projects $17.4 trillion in [...]
Yesterday's victory was tremendous, and one we should savor. The hard work is still ahead of us, of course. But I think all of the supporters of the Richmond Tea Party and supporters of Tea Party / Patriot / 9/12 groups across Virginia truly earned the following comments taken from this morning's Richmond Times-Dispatch editorial: [...]
