| 15 Mar 2012 |
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China's Giant Pool Of Dollars
China's central bank is sitting on a giant pool of U.S. dollars. It's the world's biggest holder of foreign reserves, worth over $3 trillion at last count.
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| 9 Dec 2011 |
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Boehner Calls the President’s Bluff
Jobs are the top priority. Republicans say it. Democrats say it. And most interestingly, President Obama says it. From a policy perspective, this should mean that economic growth is the preeminent policy objective, trumping competing objectives. What, then, explains the recent performance of President Obama?
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| 2 Dec 2011 |
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Conservatives craft bill to prevent IMF bailout of crumbling eurozone
Conservatives say they will try to block the International Monetary Fund from bailing out Italy and Spain, which they say could leave U.S. taxpayers with a huge bill.
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| 2 Dec 2011 |
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Obama Wants to Cut Taxes? Don’t Believe It for a Second.
Liberals stumping for tax cuts are as rare as three-dollar bills and hardcover digital books, and for good reason. Devoid of any other organizing principle, the only job of progressivism today is to grow government, and taxation is the blood stream of government. It is thus with the same healthy does of skepticism that we would greet a talking turtle that we should approach claims by the Obama White House that it really, really wants to cut taxes, dang it, but conservatives won’t let them.
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| 30 Nov 2011 |
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Ending Income Inequality
I've come up with an explanation and a way to end income inequality in America, possibly around the world. Joanne Rowling was a welfare mother in Edinburgh, Scotland. All that has changed. As the writer of the "Harry Potter" novels, having a net worth of $1 billion, she is the world's wealthiest author. More importantly, she's one of those dastardly 1-percenters condemned by the Occupy Wall Streeters and other leftists.
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| 3 Oct 2011 |
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The Buffett Rule: Fair to No One
President Obama proposed $1.5 trillion in permanent tax hikes over 10 years in his latest plan to reduce the national debt. This massive tax hike would fall mostly on families and businesses earning more than $250,000 a year. The President argues that these job creators should pay higher taxes out of “fairness.”
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| 27 Sep 2011 |
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Tea Party Group Casts National Debt as a Household Budget
America's ever-growing debt crisis is in the trillions -- more than $14 trillion, give or take a few billion. That's a lot of zeros, numbers so large they're sure to make Americans numb when trying to get their arms around what it means to them.
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| 21 Sep 2011 |
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Obama's Fascist Economy
Barack Obama and his minions in the administration as well as many Democrats in the Congress are often described as Socialists, or in the extreme as Marxists. However, their actions and strategy are straight out of the fascist economic playbook. They have become the modern reincarnation of the fascist mindset, without the militarism of Italy and Germany, that dominated Europe in the 1920s and '30s.
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| 2 Aug 2011 |
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Morning Bell: Our Work Has Only Begun
Americans are disappointed. They are disappointed that the debate over our debt limit was about the needs of politicians instead of the needs of the country. They are disappointed with a broken government that refuses to fix itself. And they are disappointed that the Budget Control Act that passed the House last night and is likely to pass the Senate today does not make the transformative changes this nation requires.
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| 1 Aug 2011 |
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We the Stupid
I stand here in abject stupefaction. The so-called "right" or "Tea Party" in this republic is being so thoroughly rolled and defeated that I am struggling to come up with an adequate violent submission metaphor that does not involve prison rape . . . and they honesty think that they're "winning." Really? You call this winning?
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| 15 Jul 2011 |
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Are the Rich Undertaxed?
The lower marginal tax rates that have prevailed since Reagan’s time have resulted in a lower tax burden on not only rich, but also middle- and lower-income Americans....
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| 3 May 2011 |
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Myths of Tax Cuts for Rich, Spending Cuts for Poor
Conventional wisdom becomes dangerous when it contradicts analysis and evidence. On the federal budget, for example, we’re told that the rich are evading their fair share of the tax burden while the poor are seeing their spending slashed.
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| 1 Jul 2010 |
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Six Months to Go Until the Largest Tax Hikes in History
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