In a candid moment while running for president, Barack Obama told the editorial board of the San Francisco Chronicle, “under my plan…electricity rates would necessarily skyrocket.” Last week, the Obama administration moved to make that a reality, using its rule by executive fiat to punish the coal industry. The action comes as the president is halting offshore oil drilling and threatening … [Read more...]
Obama’s Decrees Cause Energy Prices to “Skyrocket”
RINOs Plan a Third Party
Stung by a surging Tea Party movement, liberal Republicans and Democrats associated with Hillary Clinton are privately planning to form a “centrist” third party in time for the 2012 election. Political insiders believe if Barack Obama remains unpopular next year and the Republican nominee believes in small government conservatism, an independent run may be their best bet to keep the … [Read more...]
Obama Considering Rule by Executive Order in 2011
This morning, political commentators are paying a great deal of attention to one of the Los Angeles Times’ stories about Barack Obama’s plans for a Republican takeover of Congress. Unfortunately, they are focusing on the wrong one. Most commentators spent the morning quoting the president’s remarks on a black radio program that a GOP-dominated Congress will result in “hand-to-hand … [Read more...]
The ($50 Billion) Road to Serfdom
The cornerstone of Obama's Labor Day speech before a union audience was a $50 billion transfer of wealth from taxpayers to Big Labor. Porkulus 3.0 will not create jobs for years (if at all), but it will raise gasoline prices Aside from taking time to feel sorry for himself, Obama unveiled a proposal to spend $50 billion on roads and infrastructure, which he promised "will not only create jobs … [Read more...]
Cash for Clunkers Hurt the Poor – and Obama’s Advisers Love It
The Democrats’ “Cash for Clunkers” program had one major impact on the market: it raised the price of used cars almost $2,000 per car in a way that disproportionately hurts the poor. And Obama’s Green Left advisers could not be happier. The automobile industry authority Edmunds.com has found used car prices are up 10.3 percent over last summer. The average used vehicle costs $1,800 more … [Read more...]
Obama’s Stimulus Put Microchips in Your Trash
A new Senate report reveals the Obama administration spent nearly half-a-million dollars in stimulus funds to purchase recycling bins implanted with microchips, designed to monitor private citizens' recycling levels. Republican Senators Tom Coburn, R-OK, and John McCain, R-AZ, tracked 100 misuses of stimulus funds in a publication entitled "Summertime Blues," released just weeks ago. (It is far … [Read more...]
George Soros’ New Plan for Globalism and Crony Capitalism
When George Soros invests $50 million to revolutionize the way Americans think about a certain issue, it would normally be deemed newsworthy. Not so with the formation of the Institute for New Economic Thinking (INET). Three months after a summit in New York state last July, Soros pledged $50 million to INET, which promises “to promote changes in economic theory and practice” by … [Read more...]
Obama’s Dangerous UN Agenda
Much commentary about Barack Obama’s speech to the United Nations on Wednesday, September 23, 2009, has focused on his description of pre-Obama America as a deadbeat, lawless, foot-dragging country that tortures innocent Muslims, or did until his glorious ascension to the right hand of power. The predictable emphasis on the speech’s most offensive aspects overlooks more dangerous points: … [Read more...]
Costly Shibboleths
Barack Obama set out a few modest goals in his address to both chambers of Congress last night: cure cancer, reform Social Security and Medicare, destroy al-Qaeda, end our dependence on foreign oil, promise education to every American "from the day they are born" to the day they begin work, and "save our planet from the ravages of climate change." The few prescriptions for accomplishing these … [Read more...]
The Left’s Man at Commerce
AT THEIR BEST, POLITICAL APPOINTMENTS are a function of accomplishment, expertise, or judgment. At their worst, they are the consolation prize of cronyism. With Bill Richardson’s appointment as Secretary of Commerce, President-elect Obama veered sharply toward the latter. Although he has little experience in the private sector, Richardson will helm the department most responsible for U.S. … [Read more...]



