Category: Economy
#NCGA: The great revenue chase
John Drescher’s pet shih-tzu sat in on a legislative tax committee hearing for us yesterday. (Better him than us.) There were a few newsworthy items that came out of what I’m sure was quite a sleep-inducing event: […] The panel gathered to hear House bill…
#NCGA #NCGOP: Has the O-Care sellout begun?
A few weeks ago, a leader of congressional Republicans told us we need to get over our ObamaCare angst because that monstrosity is here to stay. We’ve received word out of the NCGOP platform drafting committee that some Tea Party sacred cows — amnesty, ObamaCare,…
The Ex-Im Bank: Corporate welfare at its, um, finest
We wrote earlier about how the reauthorization of the big federal crony capitalism trough, aka The Export-Import Bank, is coming up after the primaries. Renee Ellmers voted for it and praised it as an important vehicle for small businesses. Well, George Mason University’s Mercatus Center…
O-Care spending masks true economic nightmare
A new report out there suggests that spending on ObamaCare was about the only thing preventing our economy from showing negative economic growth for the first quarter of 2014. Check this out from Reuters: As the U.S. economy teetered on the brink of contraction in the first…
BOHICA Alert: The Ex-Im Bank
Most of you probably haven’t heard of the Export-Import Bank. It’s not like FirstBank or BB&T. It’s a major organ of the crony capitalism game. Politicians keep it afloat with our money so their campaign contributors can have their personal business deals sweetened — again,…
A House Committee on Food Desert Zones. Seriously ?????
Yep. The honorables in the House of Thom have established a committee on food desert zones. That’s desert as in Sahara, and NOT as in cherry cheesecake (YUM). What’s a food desert? It’s a statist term coined to refer to an urban area where it’s…
House GOP helps “fix” and expand ObamaCare
Yep. ‘Fraid so. Renee Ellmers, Robert Pittenger, et. al., have told us ad nauseum about their 20-plus votes to defund ObamaCare. But it appears some recent hijinks by Speaker Boehner and Majority Leader Eric Cantor put the GOP caucus on the record in support of…
The Paradox of Subsidies: Stuff gets more expensive as BIG GOVT deepens its involvement
Statists like to tell us bureaucracy and government subsidies make life easier and lower the cost of stuff. Health care costs getting under your skin? Obama will get the rest of us to pay for your health care. College costing too much? Kay Hagan and…
Unfunded liabilities and North Carolina’s public debt shell game
Some observers though the GOP establishment in Raleigh might have bought off The John Locke Foundation when Gov. McCrory named Art Pope as his budget director. But, apparently, nobody told JLF’s Sarah Curry anything about sweeping stuff under the rug. Curry has done some excellent…
Burr: Can’t stop Barry. Can’t stop O-Care.
US Senator – and chief fundraiser and cheerleader for Thom Tillis — Richard Burr says there’s not much hope for stopping BarryO’s agenda and that we can forget changing ObamaCare AT ALL until after 2016. Nice. Tricky Dick made these and other pronouncements at a…
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