Thanks to the Activist Next Door for mining this video. It’s Rep. Tom McClintock (R-CA) speaking against a solar technology subsidy.
Oct 282009
Newest national debt statistics
Economy, National, Small Government
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Sep 162009
Here are the newest National Debt statistics courtesy of www.Treasurydirect.gov (U.S. Treasury Department) effective Sept. 11, 2009.
Debt Held by the Public
$7,488,352,210,282.27
Intragovernmental Holdings
$4,306,343,094,699.45
Total Debt (9/11/09)
$11,794,695,304,981.72
Interest payments
August 2009
$27,374,808,039.95
Fiscal Year 2009
$367,837,472,521.29
Gifts to reduce the public debt
July 2009
$65,591.69
Fiscal Year 2009
$3,008,736.87
Increase in the past year (since 9/11/08)
$2,112,578,308,687.88
Increase since President Obama’s inauguration (234 days ago)
$1,165,813,819,471.49
Daily rate of increase
$4,982,110,339.62/day Sphere: Related Content
Cross posted at National Debtbusters.
Aug 312009
A Michigander by birth, I occasionally check out the Detroit Free Press for “local” coverage of the sports teams I love. Yes, I cheer for the Lions. But I also have the Red Wings, so it’s a wash. At any rate, a front page story caught my eye that I had not seen covered anywhere else.
Lost in the glare of the government takover of GM, is a restructuring of it’s non-North America operations. Leading the way will be Shanghai, China – where Buick models are assembled for Asian markets. As a fan of free markets, I say if they are doing some thing right, we should be using that formula to other places the best we can. As a child of Flint, MI, it makes me a bit nervous to know that the Chinese are building and marketing Buick better than we did. Read the full article here.
Aug 272009
Here are the newest National Debt statistics courtesy of www.TreasuryDirect.gov
As of Aug. 24, 2009
Debt Held by Public
$7,385,932,492,348.44
Intragovernmental Holdings
$4,333,128,433,517.42
Total Debt:
$11,719,060,925,865.86
Interest payments:
July 2009
$19,812,486,187.83
FY 2009
$340,462,664,481.34
Gifts to reduce the public debt:
June 2009
$33,690.42
FY 2009
$2,943,145.18
Increase from previous month:
$113,539,846,023.73
Increase from previous year:
$2,100,326,268,141.77
How much has the National Debt increased in the 216 days of the Obama Administration?
$1,092,183,876,952.78
[$5,056,406,837.74/per day increase]
Cross posted at National Debtbusters.
MN GOP press release: RPM announces formation of health care coalition
Economy, Minnesota, Small Government
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Aug 252009
Rochester- Former Representative Fran Bradley and Doctors Brian Davis, Fred Nobrega and Scott Wright today announced the formation of the Republican Party of Minnesota’s Health Care Coalition. The goals of the coalition are to help prevent a government takeover of the American health care system and to promote positive alternatives which put doctors and patients in charge. Continue reading »
Jul 192009
Erik Paulson's floor speech on Treasury debt sales
Economy, Individual Liberty, National, Small Government
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Jul 082009
house
Six communities to ask for state $ to "study" bike trail possibility
Economy, Editorials, Minnesota, Small Government
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Jul 062009
Sunday’s Mankato Free Press contained an article about a possible new bike trail that would run through several communities around Mankato. All that is needed is to come up with $400,000, since “all six local governments want to explore the construction of a new bike trail from Mankato to St. Peter.” Those six governments (the cities of Mankato, North Mankato, and St Peter; Counties Blue Earth, Le Sueur, and Nicollet) would like that money to come from next year’s state bonding bill, which their DFL legislators (Rep. Terry Morrow, DFL-St. Peter, and Sen. Kathy Sheran, DFL-Mankato) are sure to fight for. People expect their politicians to bring home the money (read: pork). Why does that get my attention? Principle. Continue reading »
Cap & Trade shenanigans, or "how close was it, really?"
Economy, National, Small Government
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Jun 302009
Last Friday, our beloved House of Representatives in Washington voted 219-212 to approve the 1200 page cap and trade bill, complete with 300 page amendment that none of them bothered to read. But did they really have 219 votes? Dick Morris was on Fox News with Sean Hannity recently and suggested that the Democrats had more than enough votes, and let a few blue dogs off the hook. Continue reading »
Jun 232009
Our own Jim Oberstar (D-MN8) has recently released the Surface Transportation Authorization Act of 2009, a 775 page bill outlining new federal transportation policy in what is called the “post-interstate era.” For those who wish to see it, Politics in Minnesota has posted links to the full text and to a 17-page summary. Continue reading »