by Jane Richey | Nov 14, 2012 | Fiscal Responsibility, Politics
With the artificially low interest rates promoted by the Federal Reserve with Quantitative Easing and Operation Twist, there are winners and losers as well. By the Fed’s own admission, the purpose of the current monetary policy is to significantly reduce...
by Jane Richey | Nov 14, 2012 | Fiscal Responsibility, Politics
Last week, Boehner proposed raising “revenues,” but not “rates”–the same position he took during negotiations on raising the debt ceiling in the summer of 2011. Then, Boehner had agreed on raising revenues by $800 billion–all...
by Jane Richey | Nov 13, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
President Obama has won reelection, and his administration has asked state officials to decide by Friday, November 16, whether their state will create one of Obamacare’s health-insurance “exchanges.” States also have to decide whether to implement the law’s massive...
by Jane Richey | Nov 13, 2012 | Fiscal Responsibility, Politics
Everyone who pays income tax — and some who don’t — will feel it. So will doctors who accept Medicare, people who get unemployment aid, defense contractors, air traffic controllers, national park rangers and companies that do research and...
by Jane Richey | Nov 13, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
The lame-duck session begins today, with retiring and defeated Members of Congress coming back to Washington to make their last legislative decisions. Because of the lack of accountability to voters, the lame-duck period brings heightened scrutiny. Congress has 16...
by Jane Richey | Nov 12, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
The punditocracy, like the oracles of old, has spoken. Obama won because of various and sundry reasons, most of which can be debated and none of which is the single, sufficient cause. But one reason, or unreason, was a definite and perhaps the single most important...