Asian Conservatives

No matter how the White House and Democrats spin it, the voter revolt in Massachusetts to elect Republican Scott Brown is about the American people rejecting President Obama and his big government agenda. Democrats and President Obama and his inner circle of advisers grew overly arrogant from their 2006 and 2008 victories and thought it [...]

In recent years China’s economy has been the envy of the world. It’s grown consistently and even amidst the global recession, China emerged as the savior of several Western economies, namely ours, by loaning America money and buying our debt.
But what is China has been cooking its books? What if it’s just another Enron, except [...]

Winning that Nobel Prize must’ve gotten to Paul Krugman’s head… Either that or he is interested in a job with the Obama administration.
He thinks the $9 trillion deficit over the next decade is quite all right. In fact, he thinks we need more!
In fact, we would be better off if governments were willing to run [...]

During the presidential campaign, Obama promised not to raise taxes on the middle class, but that may soon change. His economic advisers aren’t ruling out a tax hike. This shouldn’t come as a surprise to anybody considering the level of expansion and spending of President Obama’s federal government:
Treasury Secretary Timothy F. Geithner and White House [...]

Yes, the United States is, without a doubt, a bankrupt nation. Washington Times‘ Mike Whalen looks at the numbers:
Let’s look at the simple numbers of our national debt. Our on-the-books national debt is $11.6 trillion. But off-the-books federal debt, including Medicare and Social Security, is $107 trillion. This is not a made-up number; this is [...]

The rate went from 9.5% in June to 9.4% in July — 0.1% improvement, but nonetheless some encouraging news in today’s gloomy economy. Political Math gives a good analysis of the possible situation.

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Here’s why the government shouldn’t be entrusted to run any programs. Remember the digital TV transition debacle? Now we have the cash for clunkers debacle, only six days into effect:
“Cash for Clunkers” came to a screeching halt Thursday, after only six days on the road. In a shocker, the government announced it would suspend the program [...]

This is not good at all.
The Obama administration and Congress have insisted on spending more money to rescue our failing economy, in turn letting the nation take on billions of dollars in debt in hopes that foreign countries like India and China would finance the U.S. out of this recession.
But if recent Treasury auctions are [...]

Remember in November 2008 when Barack Obama won the presidential election and all the talk about a mandate from the population? I insisted that there was no mandate. Neither did Obama won by a landslide.
But the liberals and Democrats maintained there was a mandate, that the American people wanted a path toward liberalism and socialism, [...]

House Speaker Nancy Pelosi (D-CA) has an idea that’ll make Obamacare an easier pill to swallow: up the income limit for the surcharge. The proposed bill as it stands would hike taxes for individuals with annual adjusted gross income of $280,000, or $350,000 for families.
Pelosi wants to make it $500,000 before the taxes kick in.
That’s [...]

Soon-to-be ex-governor of Alaska Sarah Palin thinks it’s time to give the White House and cap-and-trade proponents a piece of her mind. Most of the time it’s the media that writes about her and her family, attacking them, making jokes at their expense. From her article in The Washington Post, the governor stays focused on [...]

Uh oh, the fed is getting on Chuck’s nerves, and if his movies are our point of reference, I’m betting that Chuck Norris will beat the fed into submission!
Well, one can still dream, right? But Chuck Norris offers two points of argument:
…First, it’s very existence is a sheer contradiction of the 10th Amendment of the [...]

Vice President Joe Biden admitted, whether intentionally or not, that the administration had “misread” the economy. That’s why things aren’t turning around and unemployment rose to nearly 10% instead of the White House’s prediction of 8%. But according to Mortimer Zuckerman writing in the WSJ, the real numbers about the economy deliver much worse news:
The [...]

The fear-mongering from the Obama administration led a hurried passing of TARP without proper scrutiny by Congress or citizens. Now it’s clear that the stimulus isn’t working as unemployment numbers leap past the administration’s prediction and V.P. Biden coming out to admit the administration “misread” the economy. According to the government and market analysts, the [...]

Thank you, Rep. Ron Paul (R-TX), for introducing H.R. 1207 to allow the GAO to audit the Federal Reserve! It’s also encouraging that the bill has garnered 245 co-sponsors in the House, and a similar bill is floating in the Senate.
Actions by the Fed has a direct impact on the nation’s economy and our wallets. [...]