by Jane Richey | Jul 14, 2012 | Fiscal Responsibility, Free Markets
Spain is the latest European country to enter the tough terms of a bailout, agreeing to slash spending and jack up taxes in exchange for the financial lifeline. Think that kind of fiscal emergency couldn’t happen here? While debt and deficits have fallen off...
by Jane Richey | Jul 9, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets, Politics
American International Group (A.I.G), the recipient of the largest federal bailout ever, is suing the U.S. for a tax overpayment, according to media reports. The insurance giant, which collapsed during the 2008 financial crisis, says it is owed $30.2 million in...
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 11, 2012 | Constitutionally Limited Goverment, Fiscal Responsibility, Free Markets
In now-infamous comments on Friday, President Barack Obama informed America that “the private sector is doing fine.” This, of course, was news to the 12.7 million people who are out of work and the millions more who are struggling with the part-time jobs they can...
by Jane Richey | May 15, 2012 | Fiscal Responsibility, Politics
Greece will hold a new election in June after days of talks failed to resolve the country’s political deadlock, party leaders said Tuesday. The Athens Stock Exchange plunged on the news, diving 4.86 percent minutes after the announcement before recovering...