In an uncharacteristic display of fiscal rectitude, Senators voted 94-0 against the Greek bailout. But don’t get too excited. They only voted to instruct the White house to oppose the bailout in the absence of a plan to pay back the money. Needless to say, the Greeks, the IMF, and/or the White House will lie […]
read more...Very rarely does one find a politician with the moral clarity to provide the blunt and necessary truth about a controversial issue, but that has finally happened. But this is a good news/bad news situation for American taxpayers. The good news is that a politician has proposed to slash both bureaucrat pay and public pensions and […]
read more...Apologies to Elizabeth Barrett Browning, but I had to paraphrase her famous line after reading this Bill McGurn column in the Wall Street Journal about how Republican poliitcal hacks in the Illinois state legislature voted to kill a voucher bill that would have rescued inner-city children trapped in terrible government monopoly schools. If you don’t […]
read more...As noted in this blog back in August, the end of Labour rule in the U.K. will not mean the end of big government in that country. The new coalition government has already proposed a large tax hike on capital gains: At present investors only pay CGT of 18pc on gains cashed-in of more than £10,100 […]
read more...I shed no tears that incumbent Senator Robert Bennett lost his fight to get nominated for a fourth term. His support of the bailout and other big-government policies was a sign that he had become far too comfortable representing established interests and forgot that his job was to defend Utah taxpayers. I’ve received a couple of […]
read more...I get a lot of email asking me about Greece, especially since I don’t give the issue much attention on the blog. I am paying close attention to what’s happening, especially since Greece is a canary in the coal mine. But I generally try to avoid being repetitious, and anything I say now would replicate […]
read more...His article doesn’t completely slam the door on a value-added tax, but Robert Samuleson’s piece in the Washington Post does highlight some of the very serious problems with a VAT – including more government spending, burdens on families, additional complexity, and more corruption: Almost every pro-VAT argument is exaggerated, misleading, incomplete or wrong. The VAT […]
read more...He’s only been Governor for a couple of months, and we have seen other elected officials start strong and then get captured by the special interested, but it certainly appears that Governor Christie of New Jersey genuinely intends to rescue his stated from becoming the Greece of America. Here’s an excerpt of what George Will […]
read more...Newt Gingrich writes in the Washington Post to defend his assertion that Obama is a socialist. He cites several examples of the President’s big-government agenda, which are excerpted below. These are all examples of bad policy, to be sure, but other than the student loan takeover, these are all examples of fascism rather than socialism. […]
read more...I have a column in the New York Post explaining that big government is a losing deal for taxpayers in the Empire State. I’m tempted to say they deserve to be over-taxed and over-regulated because they keep electing collectivists like Chuck Schumer, but I grew up in the area and still follow the Yankees, so […]
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