Asian Conservatives

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 [...]

Now this is interesting… According to USA Today, areas that supported Obama are receiving twice as much stimulus funds compared to those that supported his opponent, Sen. John McCain: The reports show the 872 counties that supported Obama received about $69 per person, on average. The 2,234 that supported McCain received about $34. Okay, so [...]

The White House is shifting into semi-panic mode after this new Quinnipiac University poll about President Obama’s diminishing approval rating in Ohio: President Barack Obama gets a lackluster 49 – 44 percent approval rating in Ohio, considered by many to be the most important swing state in a presidential election, according to a Quinnipiac University [...]

A video illustration even a three-year-old would understand (maybe replace the pennies with Cheerios). Share and Enjoy:

Now what, California? Some of the biggest banks don’t want your IOUs. And there’s this gem from State Controller John Chiang: The development is the latest twist in California’s struggle to deal with the effects of the recession. After state leaders failed to agree on budget solutions last week, California began issuing IOUs — or [...]

Vice President Joe Biden tells ABC News’ George Stephanopoulos that everyone (the administration, really) were too optimistic about the economy back when TARP was being debated. The Obama administration predicted unemployment to peak at 8 percent, but now it’s 9.5 percent, and that number will likely rise in the immediate future. So knowing this and [...]

There is nothing wrong with a collective effort to reduce harmful pollutants into our environment, but is the proposed cap-and-trade legislation the right way to go? The WSJ offers a warning: The hit to GDP is the real threat in this bill. The whole point of cap and trade is to hike the price of [...]

In America power is supposed to belong to the people as the Founding Fathers intended. The three branches of government check and balance each other. Citizens elect government officials regularly. People are given the freedom to pursue their dreams, whatever those may be. Our Founding Fathers realized the perils of too much government, and that’s [...]

We all know California is in deep economic trouble. Its GDP surpasses even some nations, but lately the state is on a downward spiral of economic decline. It’s in so much trouble that the Governator Arnold Schwarzeneggar (R), considered by some to be a RINO, is proposing a flat tax. It’s a good idea: simple [...]

It’s quite upsetting knowing that we as Americans are so indebted to China economically that our Treasury Secretary has to travel to Beijing short of begging the Chinese to buy dollar assets… Although China has become prosperous in recent years thanks to the government embracing capitalism, it’s still a communist nation with little regard for [...]

Rep. Alan Grayson (D-FL) believes the best way to stimulate our economy is mandating a week of paid vacation for both full-time and part-time employees after they’ve worked for an year. He wants to make companies with over 100 employees to do this. The reasoning? More vacation means less stress, less sick days, and happier [...]

Project World Awareness found this obscure gem about the path towards a global currency. In the last G20 summit, these leaders have agreed to support the beginning of this global currency by activating the IMF’s power to produce money in the form of SDRs (Special Drawing Rights). What could the next step be? Some have [...]

Senior White House adviser David Axelrod seems to think the tea parties are an “unhealthy” reaction to the current economy and the President’s policies. I’d hate to find out what he thinks is a “healthy” reaction. Maybe surrendering our bank accounts? Voluntarily hand over our wallets to Washington? Bow to the President like he did [...]

Why would the White House refuse TARP repayment from banks? After all, it’s millions and trillions of dollars we’re talking about, not exactly pocket change. Could it be that the administration wants to maintain power over these TARP recipients? This is very troublesome to know. It clearly shows the administration intends to push its own [...]