Boehner removes fiscal conservatives Huelskamp and Amash from House Budget Committee

12/6/2012 - Congressman Tim Huelskamp of Kansas and Congressman Justin Amash of Michigan appeared on Hannity (video) to discuss how they were removed from the House Budget Committee by Republican leadership for sticking to their principles and for attempting to hold Washington to a higher standard of fiscal responsibility. They called for GOP leadership to release the list of votes used to judge members and that ultimately resulted in Huelskamp and Amash being removed from the House Budget Committee. Read More......

Federal Debt Has Already Grown $700B in FY12; $40 Per Day Per Full-Time Worker

(CNSNews.com) - So far in fiscal 2012--which began on Oct. 1--the federal government has borrowed more than $700 billion, according to the official debt numbers posted by the U.S. Treasury.  ✧ That means that since Oct. 1, the debt has been increasing at a pace of approximately $40 per day per each full-time worker in the United States. Read more at CNSNews...

Democrats and Republicans are responsible!  --bc Read More......

Republicans Offered Better Solution to Hold Wall Street Accountable

PRESS RELEASE - Washington (Jul 15) House Republican Leader John Boehner (R-OH) issued the following statement after the Senate passed the Democrats’ job-killing Wall Street bailout bill: “The American people want reform, not more bailouts from Washington Democrats for their Wall Street allies. The Democrats’ bill makes bailouts permanent, enshrines ‘too big to fail’ into law, and fails to reform the government mortgage companies that sparked the meltdown by giving high-risk loans to people who couldn’t afford it, and it needs to be fixed. House Republicans offered a better solution to stop the Democrats’ permanent bailouts, reform Fannie Mae & Freddie Mac, and protect taxpayers and help small businesses create jobs. Our plan holds Wall Street accountable; the Democrats’ plan lets them off the hook. It’s time to start listening to the American people and work together on common-sense solutions to end the bailouts, reform Fannie Mae and Freddie Mac, and make Wall Street responsible for its actions.”

NOTE: Republicans offered comprehensive financial regulatory reform legislation – the Consumer Protection and Regulatory Enhancement Act (H.R. 3310) – designed to (1) stop the Democrats’ permanent bailouts for their Wall Street allies; (2) protect taxpayers and create jobs; (3) address Fannie Mae & Freddie Mac reform, the root causes of the housing meltdown & financial crisis; and (4) rein in the out of control Federal Reserve & end “too big to fail.”

HR3310 was introduced in the House on 7/23/2009. --bc Read More......

The gift of not giving

Solid proof that Uncle Ralph wasted his money. WASHINGTON POST, 11/25/2009 by George F. WIll (Hat tip: John H. Detweiler) - Another huge, value-destroying hurricane is about to slam America, destroying billions of dollars of value. Another Katrina? No, another Christmas. ∴ This voluntary December calamity is explained in a darkly amusing little book that is about the size of an iPhone. "Scroogenomics: Why You Shouldn't Buy Presents for the Holidays" comes from a distinguished publisher, Princeton University Press, and an eminent author, Joel Waldfogel of the University of Pennsylvania's Wharton business school. He says that the crux of Yuletide economics, which common sense suggests and research confirms, is:

Gifts that people buy for other people are usually poorly matched to the recipients' preferences. What the recipients would willingly pay for the gifts is usually less than the givers paid. The measure of the inefficiency of allocating value by gift-giving is the difference between the yield of satisfaction per dollar spent on gifts and the yield per dollar spent on the recipients' own purchases. Read more at the Washington Post...

John wrote, "Suspicions confirmed." Read More......

'Uncompassionate' or fiscally sound?

Weekly Standard: Uncompassionate Conservatives
Fox News, June 20, 2007 - Fred Barnes wrote,

In the good old days when Republicans ruled Congress, their instructions for President Bush were: no vetoes, especially of spending bills. Republican leaders — House Speaker Denny Hastert, for one — made it clear a Bush veto would cause ill will on Capitol Hill. So over a six-year period the president vetoed exactly one bill. And it was a bipartisan bid to increase funding for embryonic stem cell research.

Meanwhile, spending increased, the number of pork barrel expenditures known as earmarks skyrocketed and Republicans lost their reputation as skinflints. "We lost our brand," says a Republican official.

They want it back. And they are willing to be pilloried by Democrats as pitiless, cruel, unfeeling, callous, uncaring, coldhearted and Scrooge-like to get it. That's how important it is to Republicans to be seen again as politicians who can be counted on to restrain or, better yet, slash government spending, even in the case of popular programs. Continued...

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