The race to November is on, and President Obama is launching a new ad campaign, trying to score votes by blasting Mitt Romney and his tenure as the head of Bain Capital, a private equity firm... continue reading »

California Governor Jerry Brown has a secret weapon in his fight to close his state's $16 billion budget gap.

Yes, he's doing the usual things politicians do. He's raising taxes; he's making some budget cuts. But to make ends meet he's tapping into a $400 million slush fund provided by the nation's biggest banks.

Of course, that's not what that money was meant for.

... continue reading »

Our debt crisis reminds me of this moment from Gulliver’s Travels:

Gulliver is us – literally hamstrung by debt carried away by our own spending!

Think about it. Our country has the biggest economy on the planet. We're a giant, but we're held down by trillions of tiny obligations.

The problem with this is that it limits what we can do... continue reading »

The Obama administration trying to pivot back to the economy today after spending a week talking about social issues.

The campaign has just launched a new wave of attack ads against Mitt Romney. This latest ad says Romney is a job killer. The ad blames Romney for the closing of GST Steel and the loss of 750 jobs.

Here's the real story:... continue reading »

More bad news on the economy today.

Business hiring is stalling, according to a private sector employment report.

We gained just 119,000 private-sector jobs last month. That's far short of estimates. And far short of what the economy needs despite what the Administration says.

The President has really only had one successful jobs program: Convincing people they can't find a job... continue reading »

Now that he’s officially campaigning for re-election, the President's put out a seven-minute video of his accomplishments. I guess there wasn't enough to make it an even ten? He’s revealing his one-word campaign slogan, "Forward."

Have a taste:... continue reading »

Mitt Romney essentially now declaring victory in the Republican Presidential Primary.

After sweeping all five races this week, he used his acceptance speech to pose the most important question of the campaign:... continue reading »

At Citigroup's annual meeting, owners of the stock voted 55 to 45 against a $50 million executive pay package, including $15 million for CEO Vikram Pandit.

This is all thanks to the Dodd-Frank financial overhaul law.

Buried in its 2,300 pages is a requirement for public companies to hold "say on pay" votes for executive compensation.

... continue reading »

If you thought the GSA Vegas Vacation was bad, just wait until you hear what Congress is doing with your tax dollars!

You may want to sit down for this...

Citizens Against Government Waste has published its latest edition of the "Pig book”, a report tracking Washington Pork spending since 1991.

Let's start with the good news... continue reading »

Tax Day Eve. Ugh. I don't know about you but the whole season gives me the willies.

I use an accountant so I don't go through every detail myself, but I do cringe waiting for the death sentence. What do we owe and who to?... continue reading »