Articles of Interest
Amidst our rapidly deteriorating economic situation, President Barack Obama and members of Congress have an extraordinary responsibility-and opportunity-to revive our economy and bring meaning to the words "hope" and "change."
To date they have failed in every measure.
Instead of leveraging enormous bipartisan goodwill and a genuine collective enthusiasm for reform, the politicians in Washington who crafted the recent bailouts and budget reverted to classic Beltway deal making and borrow-and-spend economics that rewards favored constituencies and pits taxpayers against recipients of government largesse.
By Penny Wise Is Massachusetts on the cusp of re-launching its famous “shot heard round the world?” A Scott Brown victory on Tuesday would deliver as much – and more. The health care reform debate in Washington has shown us just how fractious the...
By Penny Wise Amidst news of continuing job loss and double-digit unemployment, a recent Associated Press analysis reveals an open secret: stimulus spending on transportation infrastructure has failed to bring down local unemployment rates. Here in New...
Senate Democrats’ reform plan lays groundwork for ‘financial ruin’ by Penny Wise The continuing debate in the US Senate over health care reform is turning into a train wreck of epic proportions. With each vote, it looks more and more like everyone will be...
NH Taxpayers and Businesses Hit Hard by Penny Wise Democrats in Congress have been more than happy to faithfully vote for President Obama’s massive bailouts and federal spending spree, which has mostly enriched bankers, financiers and shareholders, but not helped...
NH Congressional Democrats Encourage More of the Same by Penny Wise All parents hope their children will someday be able to purchase a home. But as young as age four? Fraud in the Obama administration’s First-Time Homebuyer Credit program has gone unchecked, costing...
by Penny Wise Much has been written about Barack Obama winning the 2009 Nobel Peace Prize . Most commentators, both friend and foe of Obama, liberal and conservative , and even some of the judges in Norway, wonder why Obama was awarded the prize after having been in office only...
by Penny Wise President Obama likes talking about sharing— sharing the wealth , sharing responsibility, or perhaps more precisely, sharing the pain. His health care reform plan is full of sharing, and if you read between the lines and look below the surface, you can see he is...
Beauty Schools Across Granite State Net More Than $300,000 Through Federal Spending Program LACONIA CITIZEN – “The Empire Beauty School in Laconia was also the recipient of $250,000 in nonreimbursable direct financial aid.” (Gail Ober, “Laconia gets more...
by Penny Wise Question: What does President Obama call combining politicians in Washington, new car dealers, government bureaucrats, 700,000 Americans, and $3 billion in deficit spending over 30 days? ...
Questions screened at tele-town hall meetings by Penny Wise House and Senate Democrats have been dragging their heels in scheduling face-to-face meetings with constituents during their August...
Obama Should Say ‘No’ to Dems’ Health Care Reform Plan by Penny Wise Discussions on health care reform in the U.S. have become emotionally—and sometimes physically—charged. The public senses they have a lot at stake in the outcome of this...
Global trend could quickly reduce US standard of living by Penny Wise For decades, Russia’s reserve currency has been the US dollar, but the dollar has recently fallen out of favor. The Russian government is now aggressively moving assets into other...
by Penny Wise Vice President Joe Biden is well known for his verb gaffes, and now inept spin doctor can be added to the list. During a June 14 appearance on Meet the Press, he told host David Gregory and the American people that the federal government stimulus spending plan has stopped...
by Penny Wise Now that General Motors has entered bankruptcy proceedings, President Obama says he wants politics out of the restructuring of GM, even though taxpayers own over 60 percent of the company. "What we are not doing — what I have no interest in doing...
Cap-and-trade tax plan will cost families an extra $1,600 a year by Penny Wise Candidate Barack Obama promised not to raise taxes on those making less than $250,000 a year , but he rarely mentioned that if elected president he would effectively tax all Americans by supporting a...
By Penny Wise President Barack Obama said in March, “I don’t think the best way to fix our health care system is to suddenly completely scrap what everybody is accustomed to.” Democrats in the House and Senate think otherwise. And they have the votes to...
By Penny Wise If the US government and Federal Reserve having spent, lent, or committed $12.8 trillion to combat the recession has you worried about how this massive debt will affect your children’s future, think sooner and closer to, well, your home. This spending spree...
News about the toxic assets of large financial institutions, their desperate need for capital infusion and the subsequent passage by Congress of the Troubled Asset Relief Program ( TARP ) has dominated headlines for months. With the spotlight on how TARP is impacting large banks , little...
Business owners must notify terminated employees by April 18 By Penny Wise The recession is already taking a bite out of many small businesses, and thanks to the Obama administration and Congress, the recent American Recovery and Reinvestment Act of 2009 (the stimulus...
Obama team and key Congressional players lack business and financial experience needed to solve country’s economic crisis By Penny Wise Again, it is very clear that we have an administration that does not understand business, in fact their tone is at odds with much...
$866 billion in health care reserve fund not mentioned in Obama budget – all taxpayers to pick up the tab By Penny Wise Barack Obama made tax increases for wealthy Americans and tax cuts for everyone else a centerpiece of his presidential campaign, so it...
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