First Principles

According to Bloomberg, Microsoft will ship jobs overseas if Obama’s tax plan passes. Well, duh. The successful entrepreneurs who made up the panel discussion at which this warning (for that’s what it was) was delivered also estimated that the values of those companies that stay in the US (along with their ability to pay good […]

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Six years ago, the Democratic governor had overspent and over-borrowed and overextended entitlements in his State, and predictably, had broken the back of its finances.  In the resulting circus of a recall election (which I admit being very excited about) complete with porn stars and midgets, only one serious candidate emerged who proposed conservative solutions […]

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What do you call it when a gift is forced on you, “for your own good” as well as the good of your family and neighbors? And then what happens when you try to give that gift back, and aren’t allowed to? What happens when the response to the attempt to give that gift back […]

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Via Instapundit, this chart is just downright scary.  And it shows how you can tell a multi-billion dollar lie by hiding it in the literal truth. Barack Obama said again tonight that he intends to half the deficit by the end of his first term, and this chart makes clear that this is the literal […]

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In President Obama’s speech Tuesday night, he complained on several occasions about his “inherited deficit.”  I heard him do it again this morning.  It was a classless dig and unnecessary to say, but beyond the rudeness it of course was true, at least to a point.  George Bush spent too much money on social entitlements […]

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Via House of Eratosthenes, best summation of a Non-State of the Union State of the Union speech ever:

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Apparently, the Culture of Dependence isn’t just something Obama wants Americans to take part in with regard to their own government.  Now the Secretary of State is begging China to buy up more and more of our country, so we can be dependent on and at the mercy of a rising foreign power.  Brilliant! In […]

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Las Vegas City Life columnist Steve Sebelius doesn’t think so – at least not without being a rank hypocrite! Wait a second — you’re telling us that two Assembly Republicans totally disagree with the concept of the stimulus package, but also that they think Nevada didn’t get enough in the stimulus package? What kind of […]

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As I was perusing through one of Instapundit’s many great links earlier today, I followed one and found this comment on another article that really caught my attention.  It’s worth quoting in its entirety: Please continue to talk about this. I love that so many people are talking about how unfair it is for people […]

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Yesterday in the RGJ, there was a piece by local columnist David Jacobs snarkily noting that neither George Bush nor Congressional Republicans (back when they held majorities) were all that fiscally conservative.  He further suggested that lack of economic smarts helped cause the economic problems we have now. He’s right. So why, then, would he […]

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At a protest of President Obama: They held their signs up high: “Don’t tread on me,” “Spend all you want, I’ll pick up the tab,” “I’ll keep my freedom! You keep the change!” “Free fertility drugs now.” And “B.O. smells and so does Socialism.” A Gilbert woman, with a sign that said, “Fund bikini wax […]

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I recently received a fascinating small business take on the stimulus, which articulated very well some thought I have had that have been percolating for awhile.  The bottom line is that while we may argue about whether spending or tax cuts are the best way to “stimulate” the economy, the worst possible thing you can […]

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Remember when the bailout had to be passed NOW NOW NOW?  When every second counted?  When every hour that went by meant hundreds of lost jobs that could otherwise be saved?  Obama himself wrote of the urgency of each day: Because each day we wait to begin the work of turning our economy around, more […]

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Via Instapundit and a bunch of other people, a Calvin & Hobbes take on the “stimulus”: Read the whole strip here.

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On the stock market’s reaction to the non-information given to us by Obama’s treasury secretary, the man who was so singularly indispensable that we were forced to disregard his tax cheating: He came. He spoke. The market tanked. He went. The market tanked some more. Such is the power of Treasury Secretary Geithner.

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The debate over the economic stimulus package gets dumber and dumber.  No one knows how this package will actually “stimulate” the economy.  No one even really knows what that means.  At least, no one in Congress or in the White House. And so in their ignorance, they seize on the only direct metric they can […]

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I should have live-blogged this, so ripe it is with stupidity.  But here are some highlights as I sit a watch with increasing outrage and disbelief. Obama claimed that the “Stimulus” bill is stripped of earmarks.  Really?  Are you kidding?  Sure – only if you get really creative with the language.  You can rename all […]

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One week.  That’s all the House of Representatives might have to read, discuss, debate, and vote on a bill that will spend an estimated three quarters of a trillion dollars.  (And that’s before President Elect Obama has his input, which I somehow doubt will lower that number.) One week to vet the spending of $2,500 […]

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My wife and I work hard to make sure we stay solvent and that we live within our means. But it’s nice to know that we don’t have to quite so diligent. If we ever get into financial trouble due to our own incompetence, overspending, and shortsightedness, I’ve learned from President-Elect Obama that the answer is clear, easy, and win-win.

We’ll just re-model the kitchen.

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As a brilliantly concise and colorful summation of my post below, I offer this via Big Bend Bikers: Back in 1990, the Government seized the Mustang Ranch brothel in Nevada for tax evasion and, as required by law, tried to run it. They failed and it closed. Now we are trusting the entire economy of […]

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