“Government Motors” Gives Taxpayers the Crankshaft
General Motors and Chrysler, so the story goes, have repaid the dollars the federal government loaned them to keep them from going belly up. Therefore, it is said, every American should...
About: Michael Tennant
Posts by Michael Tennant
Panetta: Iraq Likely to Request U.S. Troops Stay On
Think U.S. troops will be leaving Iraq by the end of the year? Think again. CIA Director Leon Panetta, who has been nominated to succeed Robert Gates as Secretary of Defense,...
Libya on $2 Million a Day: Obama’s Illegal War
U.S. taxpayers are being soaked to the tune of $2 million a day for President Barack Obama’s illegal war in Libya, according to a Defense Department memo obtained by the Financial...
The $61 Trillion Debt
Anyone paying much attention to the news is aware that the U.S. government is now about $14.3 trillion in debt and considering borrowing even more. That $14.3 trillion, however, only includes...
Obama’s Dodgy Remarks on Auto Industry Bailout
President Barack Obama has lately been touting the government’s takeover of two of the Big Three automakers as an unqualified success. This is not surprising considering the large hand he had...
FDR’s Solicitor General Withheld Evidence in Japanese Internment Cases
Even in peacetime, government lies are so commonplace as to hardly be news. During wartime, however, the government fib fabricator goes into overdrive — as does the coverup machinery. Decades may...
House Passes Weak Libya War Resolution; Defeats One Ending War
The Republican leadership in the House of Representatives managed to pull President Barack Obama’s chestnuts out of the fire with regard to Libya, at least for the time being. On Wednesday...
Ron Paul Predicts Debt Ceiling Hike, Discusses Monetary and Foreign Policy
Ron Paul has some good news and some bad news. According to the Texas Congressman and 2012 Republican presidential contender, the good news is that people are beginning to take his...
Foreign Aid: Borrowing From Peter to Pay Peter
Nowhere on the planet is common sense a scarcer commodity than in Washington, D.C. The $14 trillion in federal debt — much of it held by foreign, and frequently unfriendly, countries...
House Leadership Protects Obama’s Illegal Libyan War
Who says bipartisanship is dead? When it comes to unconstitutional wars, the leaders of both the Democratic and Republican parties sing from the same hymnal. Thus, while President Barack Obama, a...
Lawsuit: NYPD Searching Taxi Passengers Without Probable Cause
Freedom of movement, enshrined in Western law as far back as the Magna Carta, continues to suffer at the hands of government in the United States. All airline passengers are subjected...
Symbolic Debt Ceiling Bill Voted Down
As expected, the bill to raise the federal debt ceiling that House Republicans brought to a quick vote today failed overwhelmingly. The bill, which would have unconditionally increased the debt limit...
Democrats’ Tax Dreams a Nightmare for America
Remember the halcyon days of the late 1970s, when inflation, interest, and unemployment rates all soared into double digits? Back then the top marginal income tax rate in the United States...
Reid: No Change to “Medicare as We Know It”
Medicare presents an enormous unfunded liability — $24.6 trillion, according to its trustees — to the U.S. government and, by extension, to U.S. taxpayers, who will have to pony up their...
Ron Paul’s Straight Talk on the National Debt Ceiling
The federal government has nearly maxed out its credit card — for now. The national debt is fast approaching the $14.3 trillion debt ceiling and only managed to avoid hitting it...