by Jane Richey | Jul 27, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
The Commerce Department also said Friday that the economy grew a little better than previously thought in the January-March quarter. It raised its estimate to a 2 percent rate, up from 1.9 percent. Growth at or below 2 percent isn’t enough to lower the...
by Jane Richey | Jul 27, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
Freeze. Grow. Fix. The fact is too many people are worried about their jobs. Their personal finances are uncertain. And looking beyond the immediate crisis to the horizon, we’re all wondering what kind of life we are leaving our children and grandchildren. We are...
by Jane Richey | Jul 26, 2012 | Fiscal Responsibility, Free Markets, Politics
Yesterday, the Senate narrowly voted (51-48) to raise taxes on 1.2 million small businesses, which will likely kill more than 700,000 jobs at a time when nearly 13 million Americans are out of work. Senators Joe Lieberman (I-CT) and Jim Webb (D-VA) joined all...
by Jane Richey | Jul 26, 2012 | Fiscal Responsibility, Politics
On Wednesday, Ron Paul’s bill to audit the Federal Reserve was overwhelmingly passed by the U.S. House of Representatives. The vote was 327 to 98. You would think that a bill with such overwhelming support would easily become law. But it won’t, because...
by Jane Richey | Jul 26, 2012 | Fiscal Responsibility
The average rate on the 30-year fixed mortgage fell again, this time dropping below 3.50 percent for the first time on records dating back 60 years. Mortgage buyer Freddie Mac said Thursday that the rate on the 30-year loan declined to 3.49 percent. That’s down...
by Jane Richey | Jul 25, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
UPS has delivered a stark warning to the White House and Congress that U.S. economic growth will fall to an anemic annual rate of 1 percent by Election Day. The company’s leaders on Tuesday said U.S. businesses are in danger of going over the fiscal cliff because of...