Over the past 3-4 years, I have been working closely with many elected leaders in Washington. Rest assured, neither political party has any intention to ever balance the Federal Budget, or pay off the American national debt. Their solution is to continue...
DNC Chair on House Floor in Opposition to Cut, Cap and Balance, 7/19/11.
So let me get this right. When the Democrats took over Congress in 2006, the amount of annual government red ink was $161 Billion. The Democrats called this "criminal" and "crimes" a...
It used to be a parent wanted their son or daughter to grow up and be a doctor, a lawyer, or even president - someone who would make a lot of money, live in a nice house, and have everything they wanted in material goods.
Today, a parent might dump that i...
Standard & Poor's cut its outlook on U.S. government debt to negative, a stark warning from the credit-rating firm about the country's fiscal problems. Here's a look at S&P's credit rating and outlook among advanced economies and emerging economie...
WASHINGTON, D.C. – On Friday, April 15, 2011, a very interesting thing happened in the U.S. House of Representatives. This was the day that that Republican Paul Ryan’s plan to balance the budget in the year 2063, and to raise the national debt to over $...
TALLAHASSEE – The Florida Senate Committee on Governmental Oversight and Accountability on Wednesday approved an amendment to include “electronic authentication,” as well as “biometrics” to Florida Driver’s licenses. In addition, the amendment to SB...
This CF&P Foundation's Economics 101 video discusses the Moral Hazard, which occurs when bad choices are subsidized. This often happens when government intervention lets people take risks while having little or no skin in the game. Housing policies, f...
Competition promotes innovation and results in higher quality and lower costs. Government-run schools are a tragic example, by contrast, of why monopolies generate bad results. This video uses the example of school choice to explain why competition is a b...
The Federal Housing Administration (FHA) is a United States government agency created as part of the National Housing Act of 1934. Insured loans made by banks and other private lenders for home building and home buying. The goals of this organization are:...
The Federal National Mortgage Association (FNMA) (OTCBB: FNMA), commonly known as Fannie Mae, was founded in 1938 during the Great Depression as part of the New Deal. It was set up as a publicly traded company but it was later chartered by Congress in 196...
Chris Dodd interviewed here on CNN and also interviewed on Softball with Chris Matthews says he added the Bonus Loophole at the urging of Treasury Officials.
Socialist Democrats actually claim that they can create a 100% tax to cop peoples income in America and do so retroactive. Progressives promote to kill members of Wall Street who receive bonuses.