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| Tea Party on: Taxpayer revolts in Green Bay |
| By Michelle Malkin • March 7, 2009
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The tax-paying rebels are not going away.
In Green Bay, Wisconsin, today an estimated 500 protesters gathered for a Tea Party at Titletown Brewing. Reader David has more at Pork Revolution: |
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| Obama's Radicalism Is Killing the Dow |
| By MICHAEL J. BOSKIN • March 6, 2009
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| It's hard not to see the continued sell-off on Wall Street and the growing fear on Main Street as a product, at least in part, of the realization that our new president's policies are designed to radically re-engineer the market-based U.S. economy, not just mitigate the recession and financial crisis. |
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| Top House Republican calls for spending freeze |
| By AP • March 6, 2009
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| WASHINGTON (AP) - The top Republican in the House is seizing on the latest spike in unemployment to call for a freeze on government spending and to urge President Barack Obama to veto a $410 billion spending bill. |
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| Uh Oh, White House Seeks Economic Advice From Twitter |
| By Nicholas Carlson • March 6, 2009
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Twitter cofounder and CEO Ev Williams is headed to the White House today.
The administration invited him to join a “young business leaders" summit to discuss the economic crises.
As Ev himself puts it -- in a Twitter message, of course -- "[this] must mean they're *really* out of ideas." |
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| Cramer: My Response To The White House |
| By Jim Cramer • March 5, 2009
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| When I come to work each day, whether as a commentator for TheStreet.com or a host of Mad Money With Jim Cramer, I have only one thought in mind: helping people with their money. |
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| Economic savior: Eh, I don’t worry about the market’s “day to day gyrations” |
| By Allahpundit • March 4, 2009
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| Audacity indeed: Have a look at the Journal’s analysis of the Dow’s performance lately, especially over the last month as we got a good, hard dose of economic Hopenchange, and then bookmark this post in your “Imagine if President McCain had said it” folder. Obama actually had the stones to refer to this as “fits and starts.” Hey, champ? We’ve got the “fits” covered, including another 37-point downward gyration this afternoon. When do the “starts” start? |
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| A Moderate Manifesto |
| By David Brooks • March 3, 2009
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| You wouldn’t know it some days, but there are moderates in this country — moderate conservatives, moderate liberals, just plain moderates. We sympathize with a lot of the things that President Obama is trying to do. We like his investments in education and energy innovation. We support health care reform that expands coverage while reducing costs. |
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| Angry McCain slams Obama on earmarks |
| By DAVID ROGERS • March 3, 2009
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| Long delayed but not shrunken with time, a nearly $410 billion omnibus spending bill is fast becoming a great bone in the throat for Democrats and the White House, just when each hoped to put the past behind them and move onto President Barack Obama’s new 2010 budget. |
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| Capital on strike |
| By INVESTOR'S BUSINESS DAILY • March 3, 2009
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| In the three months since the election, the broadest measure of the stock market's value, the Wilshire 5000 Index, has plunged more than 30%, slicing over $3 trillion from Americans' wealth. Investors have walked away from investing, while businesses shut down factories and offices and slash jobs. |
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| Christopher Buckley surprised to find the guy he voted for is, in fact, a statist liberal |
| By Allahpundit • March 3, 2009
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| But having a first-class temperament and a first-class intellect, President Obama will (I pray, secularly) surely understand that traditional left-politics aren’t going to get us out of this pit we’ve dug for ourselves. If he raises taxes and throws up tariff walls and opens the coffers of the DNC to bribe-money from the special interest groups against whom he has (somewhat disingenuously) railed during the campaign trail, then he will almost certainly reap a whirlwind that will make Katrina look like a balmy summer zephyr… |
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| Going Galt: Tax hikes have consequences |
| By Michelle Malkin • March 3, 2009
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| There’s a new report on ABCNews.com about how upper-income business owners are looking for ways to reduce their earnings to deny the government their tax dollars. This is exactly what Dr. Helen was talking about in October and on our PJTV panel this weekend– the producers of this country choosing to “Go Galt.” |
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| Obama beats early retreat on promise to fight pork |
| By ANDREW TAYLOR • March 3, 2009
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| WASHINGTON – Despite campaign promises to take a machete to lawmakers' pet projects, President Barack Obama is quietly caving to funding nearly 8,000 of them this year, drawing a stern rebuke Monday from his Republican challenger in last fall's election. |
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| Obama lied; the economy died |
| By Tony Blankley • March 3, 2009
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I am trying to capture the spirit of bipartisanship as practiced by the Democratic Party over the last eight years.
Thus, I have chosen as my lead, the proposition: Obama lied; the economy died. Obviously, I am borrowing this from the Democratic Party theme of 2003-08: "Bush lied, people died." There are, of course, two differences between the two slogans. |
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| Pitchfork Time |
| By Pat Buchanon • March 3, 2009
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| In his campaign and inaugural address, Barack Obama cast himself as a moderate man seeking common ground with conservatives.Yet, his budget calls for the radical restructuring of the U.S. economy, a sweeping redistribution of power and wealth to government and Democratic constituencies. It is a declaration of war on the Right. |
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| THE DOW-JONES INDUSTRIAL AVERAGE since the passage of the stimulus bill. |
| By Instapundit • March 3, 2009
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| THE DOW-JONES INDUSTRIAL AVERAGE since the passage of the stimulus bill. Looks like a vote of “no confidence” to me. |
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| The Obama Economy |
| By Wall Street Journal • March 3, 2009
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| As 2009 opened, three weeks before Barack Obama took office, the Dow Jones Industrial Average closed at 9034 on January 2, its highest level since the autumn panic. Yesterday the Dow fell another 4.24% to 6763, for an overall decline of 25% in two months and to its lowest level since 1997. The dismaying message here is that President Obama's policies have become part of the economy's problem. |
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| The Tea Party bashers: Clueless, bitter, and wrapped in tinfoil |
| By Michelle Malkin • March 3, 2009
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| You know you’re on to something when the tinfoil hat conspiracists start lobbing grenades at you. |
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| The Top 10 List of Earmarkers |
| By David M. Herszenhorn • March 3, 2009
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| Drinking water and wastewater projects, mosquito-trapping research and beaver management and control, are just a few of the pet priorities – known as earmarks, that catapulted Senator Thad Cochran, Republican of Mississippi, to the top of the charts for earmarks in the $410 omnibus spending bill, according to a spreadsheet released on Monday by Taxpayers for Common Sense, a Washington advocacy group. |
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| The coming cap-and-trade tax |
| By Ed Morrissey • March 3, 2009
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| Barack Obama insists that his new tax increases will not affect 95% of Americans, who will not pay even a dime more. He may be right about that, at least directly, but Obama has another plan that will hit every single American with a massive cost burden. The George C. Marshall Institute analyzes the potential impact of the cap-and-trade energy system that Obama espouses and finds a big price tag that only gets bigger as we go along. |
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| Video: Cramer goes nuclear on Obama, White House rips Cramer |
| By Allahpundit • March 3, 2009
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| I think he’s worked up here but I can’t tell for sure: Much like Glenn Beck, because his default state is one of unnerving intensity, it’s hard to tell when he feels passionately about something from when he’s behaving normally. But here he is on last night’s show, teetering between Hayekian wisdom and madness in laying blame for the Dow’s downturn at the feet of Zeus’s Olympian throne. |
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| BofA chief calls Merrill aid ‘mistake’ |
| By Saskia Scholtes and Greg Farrell • March 2, 2009
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| Bank of America’s request for $20bn of government money to prop up its acquisition of Merrill Lynch was a “tactical mistake” that made the bank appear as weak as Citigroup, Ken Lewis, BofA’s chief executive told the Financial Times on Monday. |
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| Consumer spending rises in Jan. |
| By Martin Crutsinger, AP Economics Writer • March 2, 2009
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| WASHINGTON (AP) -- Consumer spending rose in January after falling for a record six straight months, pushed higher by purchases of food and other nondurable items. But the increase is expected to be fleeting given all the problems facing the economy. |
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| Consumer spending, incomes rebound in January |
| By AP • March 2, 2009
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| WASHINGTON (Reuters) - U.S. consumer spending rebounded in January, snapping six months of declines, and incomes rose unexpectedly, boosted by salary increases for government employees, a government report showed on Monday. |
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| Obama kicks up White House entertaining |
| By DARLENE SUPERVILLE • March 2, 2009
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Since the presidency changed hands less than six weeks ago, a burst of entertaining has taken hold of the iconic, white-columned home of America's head of state. Much of it comes on Wednesdays.
The stately East Room, where portraits of George and Martha Washington adorn the walls, was transformed into a concert hall as President Barack Obama presented Stevie Wonder with the nation's highest award for pop music on Wednesday.
A week before that, the foot-stomping sounds of Sweet Honey in the Rock, a female a cappella group, filled the East Room for a Black History Month program first lady Michelle Obama held for nearly 200 sixth- and seventh-graders from around the city.
Cocktails were sipped during at least three such receptions to date, all held on Wednesdays. |
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| U.S. rescue efforts may risk double-dip recession |
| By Emily Kaiser • March 2, 2009
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| WASHINGTON (Reuters) - U.S. companies, consumers and communities may grow so addicted to government financial help that cutting them off could trigger another recession soon after the current one ends. |
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| American conservatism, R.I.P. |
| By Jonathan Kay • February 28, 2009
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| Conservatism as we know it is dead. Its last bastion of power, Washington, is being overrun as we speak, in a blitzkrieg operation fueled by popular panic and led by a charismatic field marshal. To the extent conservative ideology survives the onslaught, it will be as a guerilla force, making its presence felt on web sites and radio call-in shows but never in the corridors of real power. |
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| BAM'S MONSTER-SIZE BUDGET INFLICTS A DECADE OF PAIN |
| By GEOFF EARLE • February 27, 2009
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| WASHINGTON - Big government is back - and so are big taxes. |
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| Bankers to Obama: Stop trashing us |
| By VICTORIA MCGRANE • February 27, 2009
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| The American Bankers Association has a message for the president: Stop talking trash about banks. |
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| Boehner: 'Spending barrage' starting |
| By ANDY BARR • February 27, 2009
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| House Minority Leader John A. Boehner (R-Ohio) told conservatives Friday that a "spending barrage" from President Barack Obama is the first step toward an American brand of socialism. |
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| Budget debate launches new tea party |
| By Patrik Jonsson • February 27, 2009
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| Several thousand neopatriots – some shouting “Give me liberty or give me death!” – took to the streets in over 30 US cities Friday, representing what some of them call the beginning of a new conservative counterculture in America. |
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| Economy likely suffered deeper contraction |
| By JEANNINE AVERSA • February 27, 2009
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| The economy's downhill slide at the end of last year was likely much steeper than the government initially thought and it is probably doing just as poorly now - if not worse - as a relentless slew of negative forces feed on each other, pushing the country deeper into recession. |
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| Gingrich raps Obama for 'big-government' budget |
| By WASHINGTON (AP) • February 27, 2009
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| Former House Speaker Newt Gingrich is labeling President Barack Obama's $3.6 trillion budget plan a "higher-tax, weaker-economy, fewer-jobs" blueprint that should trigger the most crucial policy debate since 1980. |
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| Is Eric Holder Too Ignorant to Be Attorney General? |
| By Confederate Yankee • February 27, 2009
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| Sadly, competence is not a requirement for the position of Attorney General, as Obama Attorney General Eric Holder proved beyond the shadow of a doubt: |
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| It’s Obama spreading panic |
| By Dick Morris • February 27, 2009
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| Ultimately, all recessions and depressions resolve themselves into crises of confidence. The instant, global, 24/7 communications of today make them ever more so. President Obama, in his pursuit of liberal big-government spending, has totally neglected the role of the president of the United States in reversing global panic. To the contrary, his every remark and the constant preoccupation of his Cabinet is to heighten the sense of crisis and to escalate the predictions of doom if we do not do as they tell us and raise spending now and taxes later. |
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