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Politics and Economics

RAWA Failed So They Sneak It Into Appropriations Bill

Lindsey Graham sneaks internet gambling ban into spending bill[/caption] Politicians on Capitol Hill tried to pass the Restoration of America’s Wire Act (RAWA), that would federally ban internet-based gambling in all states, but they failed. So they instead pull an underhanded and sneaky moving by slipping it into the huge Appropriations Bill in the U.S. […]

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Politics and Economics

Chapter 9 Bankruptcy Is Not In the Interest of Puerto Rico or U.S. Taxpayers

Congress will decide soon if Puerto Rico gets Chapter 9 bankruptcy[/caption] Puerto Rico has racked up more than $70 billion in public debt, and its governor announced it will default on a $420 million bond payment due today. The governor of Puerto Rico, as well as President Barack Obama and many Democrat politicians in Washington […]

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Politics and Economics

Failed Businesses Built by Elon Musk and Cronies Cost Taxpayers Billions

Cronyism and corruption have helped Elon Musk build three heavily subsidized companies[/caption] Steve Jobs did it the right way. He invented products, such as the iPod or the iPhone, that were far superior to what was already available that they rapidly grew in demand and dominated the market in their class of products. Apple made […]

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Politics and Economics

Sen. Bill Cassidy Introduces Bill Limiting Consumer Eye-care Choices

Sen. Bill Cassidy’s new bill will restrict choices of consumers in buying contact lenses[/caption] All too often we’ve seen Washington D.C. politicians write statist legislation to tell us how to live our lives because they think they know better than we do. Such is the case with the first-term Republican Senator from Louisiana, who was […]

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Politics and Economics

Taxpayers Lose if Obama Cronies Win on Puerto Rico Bailout

Puerto Rico bailout will benefit Obama administration cronies[/caption] If the bailout and super Chapter 9 bankruptcy plan for Puerto Rico that the Obama administration supports prevails, rather than the House bill, several Obama cronies will benefit financially. They could stand to make more than $100 million if the bailout/bankruptcy plan is implemented. MillCo Advisors, headed […]

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Politics and Economics

Obama’s EPA Caught Using Private E-mails to Conduct Official Business

Hillary Clinton is not the only Obama Administration official to have used private e-mails to conduct official government business. Documents obtained by Freedom of Information Act request by the Energy & Environment Legal Institute (E&E Legal) illustrate how U.S. Environment Protection Agency (EPA) circumvented federal law by conducting official business on private e-mail servers with […]

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Politics and Economics

CFPB Could Legislate a Financial Services Industry Out of Existence

Using regulatory authority granted to it by a Congress, a recently created federal agency will soon hand down proposed regulations that would just about eliminate the small-dollar lending industry out of existence. Acting on what it believes is public sentiment to regulate providers of such products like payday and title loans, this agency would legislate […]

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Politics and Economics

Congress Can Protect Privacy of Our Email by Passing the LEADS Act

Sen. Orrin Hatch, sponsor of the LEADS Act to protect internet privacy[/caption] One of the most prominent issues of internet privacy could soon be settled, one way or the other, by the Supreme Court. And result of that ruling may not necessarily lead to the issue being settled in favor of key privacy rights. The […]

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Politics and Economics

Obama Administration Seeks Bankruptcy and Bailout for Puerto Rico

Obama Administration seeks bankruptcy for Puerto Rico financial crisis[/caption] The financial crisis in Puerto Rico has attracted the attention of both Congress and the Obama White House. Treasury Secretary Jacob Lew has written to leaders in Congress urging them to pass a package of bailouts and bankruptcy protection for the Commonwealth of Puerto Rico. In […]

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Politics and Economics

Ted Cruz Makes Questionable Claim on Market Access for Ethanol

Ted Cruz appeals to Iowa corn growers on ethanol[/caption] Texas Senator and presidential candidate Ted Cruz has made it clear he favors ending the Renewable Fuel Standards (RFS) mandated by federal government as well as subsidies of corn ethanol blended into gasolines used by most of our automobiles. After rival candidate Donald Trump hit Cruz […]

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Politics and Economics

CFPB Under Richard Cordray Tries to Cover Up Shameful Persecution of Auto Lenders

The out of control rogue CFPB caught trying to persecute auto lenders for racial discrimination based on bogus informaton[/caption] Much like using a ready, fire, aim approach to shooting at targets, the Consumer Financial Protection Bureau (CFPB) appears to have conducted in racial discrimination witch hunt against auto lenders in this same manner. The CFPB […]

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Politics and Economics

UN Global Warming Campaign is a Massive Wealth Transfer Scheme

Should we the taxpayers of the United States support a global warming agenda that is clearly NOT in our national interest?[/caption] There is a great public debate, as well as that among scientists, over whether the Earth is experiencing warming, and whether that warming is caused by human activity. But the political agenda proposed by […]