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On the Biden Administration and Corporate Dependency: |
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"When liberals look back on the Biden presidency, they may hail its greatest accomplishment as ushering in a new era of corporate government dependency. Without fail, and no matter the industry, the administration has hooked businesses on Washington handouts while attaching conditions that put taxpayers and consumers on the hook for leftist policy preferences.
"Government help is never free, as semiconductor companies are learning. Chip makers lobbied Congress for enormous subsidies to build plants in the U.S., which they claimed would shore up supply chains and protect national security. ... Commerce Secretary Gina Raimondo then conditioned the grants on companies implementing the administration's social policy.
"Perhaps no industry has become as dependent on government in the Biden years as auto makers. A Goldman Sachs report last week estimated that the Inflation Reduction Act's electric-vehicle consumer and battery-production tax credits alone could cost taxpayers $523 billion over 10 years -- nearly seven times as much as the 2008-2009 auto bailout.
"Auto makers are losing billions of dollars on electric vehicles, but the administration is making the industry too big to fail. How long before they ask government to backstop their losses?"
Read the entire article here. |
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— Allysia Finley, Member of the Wall Street Journal's Editorial Board
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— Allysia Finley, Member of the Wall Street Journal's Editorial Board
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Posted April 12, 2023 • 08:05 AM
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On America's Growing Fiscal Crisis: |
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"The nation's fiscal outlook is rapidly deteriorating following a two-year avalanche of new spending that added more than $6 trillion to our national debt and triggered painful, historic levels of inflation.
Our unprecedented, almost incomprehensible $31-trillion-plus national debt has eclipsed the size of our economy -- the largest in the world.
Over the next decade, according to the nonpartisan Congressional Budget Office, our annual deficits will double, our interest payments will triple, and for every dollar we borrow, 50 cents will go just to paying interest on this debt.
In just 10 years, interest payments alone will exceed what we spend on our entire national defense."
Read the entire article here. |
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— Congressman Jodey Arrington (R-TX)
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— Congressman Jodey Arrington (R-TX)
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Posted April 11, 2023 • 02:12 PM
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On the State of American Politics: |
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"The scene on the floor of the Tennessee House perfectly captured our 'age of rage.' Protesters filled the capitol building to protest the failure to pass gun-control legislation. However, they were in the minority in both the state and its legislature. Three Democratic state representatives -- Justin Jones from Nashville, Justin Pearson from Memphis, and Gloria Johnson of Knoxville -- were unwilling to yield to the majority. They disrupted the floor proceedings with a bullhorn and screaming at their colleagues.
It is a scene familiar to many of us in academia, where events are regularly canceled by those who shout down others. The three members yelled 'No action, no peace' and 'Power to the people' as their colleagues objected to their stopping the legislative process. Undeterred, the three refused to allow 'business as usual' to continue.
Nothing says deliberative debate like a bullhorn. American politics, it seems, has become a matter of simple amplification."
Read the entire article here. |
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— Jonathan Turley, Shapiro Professor of Public Interest Law at The George Washington University
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— Jonathan Turley, Shapiro Professor of Public Interest Law at The George Washington University
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Posted April 10, 2023 • 08:27 AM
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On How ‘Bidenflation’ Is Hurting the Solvency of Social Security: |
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"In its budget last month, the White House claimed that 'the Administration is committed to protecting and strengthening Social Security.' But the recently released annual report from that program's trustees portrays a different story.
The report demonstrates how the slower economic growth and higher inflation of the Biden years have undermined Social Security's foundation and accelerated its insolvency. If ever a document illustrated the failures of the Biden administration's economic policies, and how those failures will harm seniors, this report does it.
The annual report, compiled by the Social Security actuary and approved by the program's trustees -- all of them appointed by Biden -- projected that insolvency for the retirement trust fund would occur in 2033, one year earlier than estimated in last year's report. The biggest cause for that change? A lowering of estimates for future GDP and productivity growth 'by about three percent by 2026 and for all years thereafter.'
The trustees' move came 'in response to recent economic developments, including higher-than-expected inflation rates and lower-than-expected output growth.' In other words, members of Biden's own administration admitted that the economy has permanently shifted into a lower gear on his watch."
Read the entire article here. |
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— Christopher Jacobs, Founder and CEO of Juniper Research Group
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— Christopher Jacobs, Founder and CEO of Juniper Research Group
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Posted April 06, 2023 • 08:22 AM
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On District Attorney Alvin Bragg's Indictment of Donald Trump: |
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"There is no justice system anymore. There is only a legal system. And it's corrupt.
That is the tempting conclusion to be drawn from the unsealed indictment of Donald Trump on Tuesday by a Manhattan grand jury. District Attorney Alvin Bragg seeks to bend statutes beyond their limits and stretch alleged facts beyond reason. This constitutes prosecutorial abuse in a brazen attempt to weaponize the law and criminalize politics.
The law is not a rubber band that can be manipulated at will. There are restraints and boundaries. Fidelity to established rules of fairness and equity necessitates restraint. Bragg ignores all that."
Read the entire article here. |
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— Gregg Jarrett, Former Defense Attorney and Adjunct Law Professor and Currently a Fox News Legal Analyst
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— Gregg Jarrett, Former Defense Attorney and Adjunct Law Professor and Currently a Fox News Legal Analyst
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Posted April 05, 2023 • 07:55 AM
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Reporting On Opposition to Julie Su, President Biden's Nominee to be Labor Secretary: |
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"Small business owners, contract workers, freelancers and franchisees have kicked off a nationwide push to derail President Biden's nominee to head the Labor Department, beginning with a six-figure ad campaign in states where vulnerable Democratic senators are up for re-election in 2024.
"The 'Stand Against Su' is a coalition launched on Monday as the Senate prepares to consider Acting Labor Secretary Julie Su's potential appointment to formally lead the department. Her critics cite her support for tightening employment regulations in California when she ran the state's main labor agency, which they say makes her an enemy of both companies and employees.
"'Simply put, Julie Su is anti-worker,' the coalition said in a letter being circulated in an effort to drum up opposition to the nomination. 'Her promotion to Secretary of Labor would cripple small business and eliminate job opportunities for millions of hard-working Americans.'"
Read the entire article here. |
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— Elizabeth Elkind, Fox News
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— Elizabeth Elkind, Fox News
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Posted April 04, 2023 • 08:14 AM
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Reporting on Former Florida Governor Jeb Bush's Reaction to the Indictment of Donald Trump: |
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"Former Florida Gov. Jeb Bush said Saturday that a Manhattan grand jury's decision to indict former President Donald Trump during his third bid for the White House is 'very political' and 'not a matter of justice.'
"Bush, who challenged Trump for the GOP presidential nomination in 2016, noted in a tweet that Trump was indicted on case that other prosecutors refused to move forward with before Manhattan District Attorney Alvin Bragg's office revived it recently.
"'Bragg's predecessor didn't take up the case. The Justice Department didn't take up the case. Bragg first said he would not take up the case. This is very political, not a matter of justice,' Bush, the second son of former President George H.W. Bush wrote in a tweet.
"'In this case, let the jury be the voters,' he added."
Read the entire article here. |
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Posted April 03, 2023 • 07:54 AM
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On the Biden Administration's Plan to Regulate Air Conditioners: |
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"Is there a war on appliances? Or is it a war on you?
"I'd tell you to keep your cool, but that's going to be hard when Team Biden takes away your air conditioner. ...
"Many readers will remember the Biden team's recent abortive effort to regulate gas stoves largely out of existence. ...
"Before that, the Energy Department had nixed Trump-era regulatory reforms designed to allow 'quick' dishwashers, as well as similarly improved washers and dryers. ...
"Now, in the latest episode of Team Biden's 'war on appliances,' the Energy Department has turned its attention to air conditioners, specifically room air conditioners of the sort used disproportionately by poor people, minorities and the elderly to keep cool in summer heat.
"New energy-efficiency regulations promise to make these units more expensive for consumers and potentially less reliable and less effective at, you know, actually cooling things off."
Read the entire article here. |
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— Glenn Reynolds, Professor of Law at the University of Tennessee and Founder of InstaPundit.com
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— Glenn Reynolds, Professor of Law at the University of Tennessee and Founder of InstaPundit.com
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Posted March 31, 2023 • 07:16 AM
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On the Debt Ceiling and the Biden Administration's 'Policy and Political Malpractice' Regarding Implementation of the Inflation Reduction Act: |
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"America is fast approaching another needless emergency -- the raising of the national debt ceiling. This impending crisis isn't an accident but a result of the inaction of various actors who refuse to confront fiscal reality, sit down, negotiate and make hard decisions for the sake of our nation's future. While all parties have a responsibility to negotiate in good faith, recent actions make clear to me that the Biden administration is determined to pursue an ideological agenda rather than confront the clear and present danger that debts and deficits pose to our nation.
"Our national debt stands at nearly $31.5 trillion, or close to $95,000 for every man, woman and child, and represents 120% of our gross domestic product. Annual budgetary deficits have averaged $2.71 trillion since October 2019. Since Covid-19 began, we have added more than $8 trillion to the national debt. Despite explicit direction from Congress to pay down our debt in the Inflation Reduction Act, the administration seems more determined than ever to pervert that law and abuse existing authorities to increase spending.
"When President Biden and I spoke before Congress passed the Inflation Reduction Act last summer, we agreed that the bill was designed to pay down our national debt and shore up America's energy security. ... Yet instead of implementing the law as intended, unelected ideologues, bureaucrats and appointees seem determined to violate and subvert the law to advance a partisan agenda that ignores both energy and fiscal security. Specifically, they are ignoring the law's intent to support and expand fossil energy and are redefining 'domestic energy' to increase clean-energy spending to potentially deficit-breaking levels. The administration is attempting at every turn to implement the bill it wanted, not the bill Congress actually passed. Ignoring the debt and deficit implications of these actions as the time nears to raise the debt ceiling isn't only wrong, it's policy and political malpractice."
Read the entire article here. |
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— Senator Joe Manchin (D-WV)
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— Senator Joe Manchin (D-WV)
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Posted March 30, 2023 • 08:24 AM
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On the IRS Visit to Journalist Matt Taibbi's Home on the Same Day He Testified Before Congress: |
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"Journalist Matt Taibbi testified March 9 before a congressional committee on the vast federally funded 'censorship-industrial complex' the Twitter Files exposed.
"That same day, an IRS agent swooped down on his New Jersey home.
"Maybe the timing of that IRS visit was a coincidence, like someone who forgets to take off his ski mask before entering a bank.
"The IRS agent ordered Taibbi to contact the agency regarding his tax returns from two prior years.
"House Judiciary Committee Chairman Jim Jordan (R-Ohio) is outraged and sent a letter Tuesday demanding information from the Biden administration since 'the IRS's action could be interpreted as an attempt to intimidate a witness before Congress.'
"Regardless of whether the untimely IRS visit to Taibbi's home was moronic or malicious, the power to tax has long conferred the power to destroy political opponents."
Read the entire article here. |
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— James Bovard, Author and Member of the USA Today Board of Contributors
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— James Bovard, Author and Member of the USA Today Board of Contributors
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Posted March 29, 2023 • 07:56 AM
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