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...]

Obama’s Greenbacks from Code Pink

IF THE MEDIA WERE COMPETENT, THE NAME JODIE EVANS would be as well-known as Jeremiah Wright. According to Ralph Nader’s Public Citizen, Evans has bundled “at least $50,000” in donations for Barack Obama’s 2008 campaign. “Bundling” is a process in which people turn over a large number of “individual” political contributions as a group, in the hope of exerting greater influence if their candidate … [Read more...]