Tag Archives: President Obama

Obama Crony Warren Buffett Raking It In From Transporting Bakken Oil By Rail

Obama Crony Warren Buffett Raking It In From Transporting Bakken Oil By Rail

If built, the Keystone XL pipeline would take about 100,000 barrels of North Dakota’s Bakken oil per day (to put that into perspective, that’s the equivalent of taking about 500 tanker trucks off the roads a day). But the Keystone XL pipeline isn’t being built as President Obama continues to obstruct the process with regulation.

Even After Tax Hikes, Obama Maintains "Rich Should Pay Their Fair Share"

If you thought, now that President Obama and his liberal friends got their tax hikes on the rich, we could start talking about meaningful spending cuts you can forget it. “Obviously, there is still more to do when it comes to reducing our debt,” Obama said in a video released by his (seemingly never-ending) campaign.

Spain Selling Off Wind Farms

Remember when President Obama was touting Spain’s “green energy” policies as something worth emulating here in the United States? Well Spain, where unemployment has hit rates as high as 20%, is now selling off their wind farms (via Million Dollar Way): In its concerted effort to reduce debt and maintain investment grade credit rating, Iberdrola

"We Can't Cut Our Way To Prosperity" When Prosperity Is Based On Government Spending

“We cannot simply cut our way to prosperity,” President Obama said last night in response to the House sending him the “fiscal cliff” legislation to sign. That statement always strikes me as curious, as though government drives the economy instead of burdens it. I’m no anarchist. We need government. There are lots of things government

Schafer Column: North Dakota's Lesson For Solving The Deficit Problem

North Dakota was just rated as the “Best Run State in America”, and there are lessons to be learned as we approach our financial problems in the federal government. President Obama pushes tax increases to solve the outrageous deficit problem facing our country and says “the majority of Americans agree with my approach.” David Axlerod

We've Taxed The Rich, Now What?

I won’t tell you that the fiscal cliff deal passed by Congress yesterday was a good thing. I think going over the cliff would have been better for the country. The spending cuts in the sequestration were more meaningful, and the tax hikes were more broad. I don’t think we’re going to see an appetite

Rebutting Senator Hoeven's Lame Explanation For Voting For The "Fiscal Cliff" Deal

Earlier today Senator John Hoeven’s office sent out a detailed explanation justifying his yes vote for the “fiscal cliff” deal. You can read the full press release here. I thought I’d respond to some of the claims the Senator is making. First, Hoeven says he voted for it because it maintains tax relief for the

Shocker: "Fiscal Cliff" Deal Includes $330 Billion In New Spending, Adds $4 Trillion To Deficits

About those “spending cuts” that supposedly balance the $620 billion in tax hikes in the “fiscal cliff” deal passed by the Senate last night. Turns out, the bill increases both national spending and the ten-year window of budget deficits significantly. The “fiscal cliff” deal that was designed to save money actually includes $330.3 billion in

Silver Lining In "Fiscal Cliff" Deal: At Least It Didn't Raise The Debt Ceiling

There’s not a lot to like about the “fiscal cliff” deal the Senate agreed to last night. It raises taxes at a time when our economy is still reeling, and it raises spending at a time when the country is running a $1 trillion annual budget deficit and can ill afford it. It’s a bad

Top