In typical Obamanomics fashion, the tax code is being used as a conniving way to promote favored activities and discourage others, in this case, punishing a small handful of profitable big oil companies by forcing a different set of tax laws only on them and not across the board.
The Washington Examiner's Tim Carney explains the flawed policy of a bill that would raise taxes on Exxon, Chevron, Conoco, Shell and BP, but not on smaller oil companies. Read Carney's analysis of the bill after the break, and let us know what you think of this latest move against big oil in the comments.
The three college students behind Exposing Leftists, who have previously garnered attention for their GPA redistribution campaign, have released another video asking students to sign a petition to support affirmative action in athletics.
Check out their video after the break, and let us know what you think in the comments.
Last night was the second GOP debate, this time hosted by CNN and including candidates Mitt Romney, Michele Bachmann, Tim Pawlenty, Rick Santorum, Newt Gingrich, Herman Cain, and Ron Paul.
From Bachmann officially announcing her intentions to run for president, to Romney asking why Obama never called him to discuss the pitfalls of a healthcare mandate, the debate covered a broad range of issues yesterday.
Check out a video and analysis of the debate after the break, and let us know your thoughts in the comments.
After admitting on Monday to sending lewd messages and pictures to a number of women, some Democrat and Republican leaders are urging Rep. Anthony Weiner to resign his congressional seat.
Nancy Pelosi has called for an ethics investigation, Harry Reid has refused to defend Weiner's actions, but perhaps most out-of-the-blue is former DNC chair and Democratic Senate candidate Tim Kaine's call for Weiner's resignation.
Check out the video with Kaine's remarks after the break, and let us know your thoughts in the comments.
A group of self-described liberal millionaires seeking to raise taxes on the top 1 percent of America’s population, refused -- when questioned by CNSNews.com -- to consider making donations themselves to a Treasury Department Web site that allows the public to make contributions to help pay down the public debt.
The “Patriotic Millionaires" group held a conference call on Monday in advance of the10th anniversary of President George W. Bush's tax cuts to encourage President Barack Obama and Congress to raise taxes for Americans who make $1 million or more annually.
CNSNews.com asked the liberal millionaires this question: “The Treasury Department has a Web site -- pay.gov -- where anyone who wants to can make a contribution at any time to pay down the federal debt. Are you willing to make a contribution to pay down the debt and, if so, how much would it be?”
Dennis Mehiel, the principal shareholder and chairman of the board of U.S. Corrugated, called the notion that he and his fellow millionaires would consider donating some of their millions to the Treasury Department to help eliminate the deficit “preposterous on its face.”
Via Ed Morrissey, Gallup has released a new poll showing that a narrow plurality of Americans reject income redistribution via high taxes on "the rich." In light of today's miserable jobs report, Morrissey notes, the numbers at first seem counterintuitive. But a closer look reveals the opposite. Check below the break for more.
Every time a Republican gets caught in a sex scandal, the "social issues" hypocrisy is the inevitable media attack line. Because Weiner is a liberal on social issues, though, CNN chose to downplay the storyline in favor of him.
According to Jessica Yellin, the same anchor who tried to blame Sarah Palin for Jared Lee Loughner's attacks in January, Weiner should not be to blame because "he's never been a crusader on social issues," and therefore cannot be labeled as a "morality hypocrite." And somehow this merits less media attention for the scandal.
Debbie Wasserman Schultz, new chairwoman of the DNC, falsely claimed Sunday that the Ryan Medicare plan would deny care to seniors with preexisting medical conditions and that all future beneficiaries of Medicare would be abandoned by the Ryan plan and have to buy their own insurance from a private company.
As reported by both FactCheck.org and Washington Post, both of her Democratic talking points are simply untrue. In reality, according to the two sites, the Ryan plan specifically says that insurance companies "must agree to offer insurance to all Medicare beneficiaries" and subsidizes future beneficiaries so they can buy private insurance through a Medicare exhange program set up by the government.
Read what Wasserman-Schultz had to say after the break, and let us know what you think in the comments.
In a 10,000 word poison-pen biography on Fox News Channel president Roger Ailes, containing all expected anti-FNC paranoia, Rolling Stone's Tim Dickinson engages in what has sadly become standard practice for the left's Fox haters: he slimes the channel, then fails to produce a single quote from a supporter of the network. And for all of Dickinson's concern over Fox's supposed influence on conservative politics (Ailes's main offense, by Dickinson's telling), the piece of course pays no heed to the dominance of liberalism in American newsrooms. In short, as Mark Judge noted at the Daily Caller, Ailes's offense is one against liberalism, not against journalism.
In his latest column for National Review, Jonah Goldberg wonders whether Republicans are ready for the fight that, he argues, has already arrived at their doorstep. Democrats, Goldberg claims, have already decided on a strategy: engage in all out, fact-free rhetorical war against Paul Ryan's Medicare reform plan. Offering a Classical Roman analogy, Goldberg argues that the GOP now has a simple choice to make: "win or die."
Gallup released a new poll this morning asking who GOP primary voters support sans Huckabee, Trump, and Daniels. And it turns out...the race for the GOP nomination is still very undecided, with almost everyone gaining a little more support. Check out some of the poll's findings below the break and give us your thoughts in the comments.
In an effort to counteract tactics that some Republicans fear could cost the GOP electoral victories in 2012, Rep. Paul Ryan lays out the facts behind his proposed budget, which he calls the "Path to Prosperity," in a follow-up to his first video on the plan. Check out the new one after the break, and let us know what you think.
After an address to AIPAC supporters yesterday, Israeli Prime Minister Benjamin Netanyahu will address a joint session of Congress today to discuss the importance of continued support to Israel in attempts to create peace between Israel and Palestine. His speech at AIPAC yesterday may be something of a preview of his address to Congress today. Check out the video below the break.
With official announcements from Herman Cain on Saturday and Tim Pawlenty this morning, and news of Sarah Palin buying a new house surmised to be potential campaign headquarters in Arizona, do you think a GOP frontrunner will emerge from the pool of candidates any time soon?
Check out a roundup of this weekend's GOP announcements and speculation below, and give us your thoughts in the comments:
I’m a major Peter Fonda fan, think he’s one of the best character actors working today and can’t imagine life without “Easy Rider,” but this is way, way over the line. The sentiment is hard to disagree with and I’m no Obama fan, but he is the President of the United States and trashing him in this manner overseas at Cannes is hardly different than what all but ended the Dixie Chicks career.
In his Thursday column for the Washington Examiner, Philip Klein wonders whether there is a "Rendezvous with Destiny" in the country's near future akin to that which saw Ronald Reagan enact sweeping reforms to the nation's tax code, in a plan devised, initially, by Congressman Jack Kemp. Now Congressman Paul Ryan, who worked for Kemp and and cites the former congressman as his mentor, may have his Ronald Reagan in potential Republican presidential candidate Mitch Daniels. But Daniels has some heavy baggage among the Republican electorate. Can he fairly be compared to Reagan? Check out an excerpt from Klein's column below the break, and let us know what you think.
And not just any businesses in the House Minority Leader's wealthy San Francisco district either. Nearly 20 percent of the 204 Obamacare waivers granted last month went to "fancy eateries, hip nightclubs and decadent hotels" in that district, according to the Daily Caller. Check below the break for more details.
Citing a few quotes from administration officials - and the president himself - Sen. Jim Inhofe, R-Okla., chairman of the Environment and Public Works Committee, claimed that congressional Democrats and the Obama White House have no plan for bringing down gas prices, simply because they don't want gas prices to come down. It's quite a provocative statement, but is he right? Check out his video below the break (via Mark Tapscott) and let us know what you think in the comments.
The eccentric Texas libertarian is up to his usual antics, this time speaking out against the US operation that killed Osama bin Laden. According to Politico, the congressman - a contender for the Republican presidential nomination - said the operation "absolutely was not necessary," and that "respect for the rule of law and world law and international law" should apparently preclude any such operation. Check out more from Politico below the break.
The Heritage Foundation on Tuesday released its comprehensive budget proposal, titled "Saving the American Dream." The plan would reform entitlements and the tax code, and balance the federal budget in ten years. But while it is primarily an economic plan, it "has a higher moral purpose," Heritage writes. "If entitlements are not reformed, the next generation and future ones will have to pay punitive tax rates that will end liberty as we have known it." Check out some commentary on the plan below the break from columnist - and recent recipient of MRC's William F. Buckley Jr. Award for Media Excellence - Cal Thomas.