While he criticized some liberal Democrats’ refusal to reduce entitlement benefits, Mr. Simpson also dismissed Republicans’ antitax arguments that deficits could be controlled with spending cuts alone.

My call on Bayh is either he sees himself as potential president in 2012 or he refuses to be a lackey for the Marxists. Either way, the Marxists lose.

More “Build America” bonds for projects such as local schools. Reid cited this as a “successful” element of Obama’s initial stimulus package.

Tax experts and business leaders said companies are unlikely to hire workers just to receive a tax break. Before businesses start hiring, they need increased demand for their products, more work for their employees and more revenue to pay those workers.

While such a statement falls in the category of conventional wisdom that historically has the party in power losing congressional seats in mid-term elections, Boren parts company with others within his own party by suggesting such a setback would be a “good thing for Oklahoma and for me.”

Climate Change Debate and how senators are lined up.
As I said some months ago we need to name- names and put faces to them when legislators do not represent the people.
Here is the lineup Cap N Trade

Liberals are whining because the jr. admin. from IL did not close Gitmo and will probably not close it. On another issue they are upset because loaded guns will be allowed in National Parks.
A question keeps popping up in my head– if I am a liberal, should I not be for just about anything. [...]

Today former Federal Reserve Governor Robert McTeer said, if the government continues that policy, banking will resemble the Chinese model. McTeer was on CNBC this afternoon.

From Newt Gingrich’s Website, a couple of nuggets and testimony. Here is some red meat from Newt’s speech.
“As matter of reality, the United States faces three enormous threats:  threats to our national security, a threat of further economic decline, and a threat of government for the government (and not government for the people), which [...]

Your 401k has always been yours. But with the socialist arriving at the door this month, you can expect changes. Think I am kidding? From That Blozzz–“Many of you have heard of the hearings held where Teresa Ghilarducci, an Economist, purposed that there is an overhaul of the 401k system. She proposes [...]

A few weeks ago I predicted the Fed would go between $3-$4 trillion before it stops. Wow, was I wrong. This link shows the scorecard to date.

http://www.cnbc.com/id/27719011

In response to post about the Fair TaxPlease explain the embedded tax. I have owned both wholesale and retail businesses and never encountered the embedded tax.VAT tax exists as do income taxes, GST exists as do income taxes. I suggest one must base their projections on fact. The history of the U.S. government [...]

Open the Books
We have incredible hypocrisy at this time. The Socialist in the congressional leadership continue to hold hearings demanding regulation of business sectors. They claim there is no transparency in the financial markets; Rail against outrageous incomes for the highest paid executive in the U.S, and demand regulatory control be exerted.That’s their [...]

Transparency

1.

Also, trans·par·ence. the quality or state of being transparent.

2.

something transparent, esp. a picture, design, or the like on glass or some translucent substance, made visible by light shining through from behind.

That’s from Dictionary.com.

“A light shining through from behind.” Please find the light [...]

Have Pork
Will Travel

Yesterday was medical day. While I did not spend all day at doing the medical thing, the trip there and back, plus some shopping ate up most of the day. By the time I was able to turn on financial news the market had closed and the topic was [...]