Category Archive: Economy

Feb
13
2009

Taxation Without Representation…

1,071 pages and 8 inches thick. That’s how big the Obama Stimulus Package–the so-called “American Recovery and Reinvestment Act of 2009–is.   It’s a bill that, according to the Associated Press, stands to combine “$281 billion in tax cuts for individuals and businesses with more than a half-trillion dollars in government spending. The money would …

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Permanent link to this article: http://firstinthenation.us/2009/02/13/taxation_without_representatio/

Dec
27
2008

What Chrysler’s Full-Page Ad Should Have Said…

Earlier this week, Chrysler–one of America’s “Big 3″ automakers–took out advertisements in USA Today and the Wall Street Journal to thank America for “investing” in them. They paid $100,000 to run the full-page, color advertisements. Actually, they paid $100,000 of your money to take out an ad to thank you for money that the United …

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Permanent link to this article: http://firstinthenation.us/2008/12/27/what_chryslers_fullpage_ad_sho/

Dec
19
2008

Congress Getting $4,700 Pay Raise…

  Joe Biden says the economy is in danger of “absololutely tanking.” Barack Obama says that the economy is “going to get worse before it gets better.” $700 billion of our tax dollars went to bail out Wall Street and financial firms. George W. Bush is giving $17 billion of our tax dollars to bail …

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Permanent link to this article: http://firstinthenation.us/2008/12/19/congress_getting_4700_pay_rais/

Nov
05
2008

It’s the Economy, Stupid…

Before results even started coming in last night, the networks telegraphed what they had been sitting on all day long. The “breaking news” headlines on all of the websites for the major news outlets said something to the effect of “voters upset about the economy.”   Several weeks ago, I said that I though this …

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Permanent link to this article: http://firstinthenation.us/2008/11/05/its_the_economy_stupid/

Oct
31
2008

The Democrats are Coming for Your 401(k)…

Have you looked at the value of your 401(k) retirement account recently? If you’re anything like me, you probably haven’t.  You don’t want to see the uncontrollable hemorrhaging going on with the money you’re saving for your retirement someday. I logged in the other morning to make my selections for my annual benefits enrollment and …

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Permanent link to this article: http://firstinthenation.us/2008/10/31/the_democrats_are_coming_for_y/

Oct
04
2008

The Bailout: You Lose…

As you’re probably aware, both the Senate and the House passed the Bailout Bill this past week and President Bush signed it into law. Congratulations, America! With the advent of that minimum $800 billion legislation, you get to pay for the following–with a possible total “investment” of 1.8 T-T-T-TRILLION dollars: (Source: CNET.com) And that’s not …

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Permanent link to this article: http://firstinthenation.us/2008/10/04/the_bailout_you_lose/

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