by Jane Richey | Jun 19, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
Jamie Dimon, the president and CEO of JPMorgan Chase, told the Senate Banking, Housing and Urban Affairs Committee last week that his bank took Troubled Asset Relief Program (TARP) funds back in 2008 only “because we were asked to” by the Treasury Secretary. Dimon got...
by Jane Richey | Jun 18, 2012 | Fiscal Responsibility, Politics
The President and his team have been blaming “European headwinds” for some of the U.S. economy’s woes. But the truth is that the policies pursued by Washington and Athens are frighteningly similar—and the outcomes are not good for either country. Both countries are in...
by Jane Richey | Jun 18, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
Wisconsin Republican Governor Scott Walker said the federal government needs to “reign in” the National Labor Relations Board (NLRB) and the Environmental Protection Agency (EPA) because they have “run amok,” in remarks at a Jobs Summit hosted by the Chamber of...
by Jane Richey | Jun 15, 2012 | Fiscal Responsibility, Free Markets
Pennsylvania’s statewide unemployment rate held steady at 7;4 percent in May the same rate it was in April, the state the state Department of Labor and Industry said this afternoon. That’s lower than the national rate, which ticked upward from 8.1 percent...
by Jane Richey | Jun 15, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility
“I’ve said that this is a make-or-break moment for the middle class, and I believe it,” President Obama told an Ohio crowd yesterday. Indeed it is—because in a sluggish economy, American taxpayers are about to be clobbered by the largest tax increase in history....
by Jane Richey | Jun 15, 2012 | Fiscal Responsibility
Wall Street rating agencies are starting to sound warnings again about the possibility of further downgrades of the once-perfect U.S. credit rating as a critical year-end deadline for addressing the nation’s mounting debt nears. Standard & Poor’s Corp. this week...
