Archive for the ‘Economy’ Category

CORDRAY ‘YOU’RE FIRED”

Wednesday, April 19th, 2017

 

The Consumer Financial Protection Bureau was the brain child of Elizabeth Warren.   Nancy
THE WALL STREET JOURNAL

You’re Fired,’ Trump Should Tell Richard Cordray

Under a dubious statute, the CFPB head can be dismissed only for cause—but there’s plenty of it.

April 13, 2017 6:56 p.m. ET

Messrs. Rivkin and Grossman practice appellate and constitutional law in Washington.

The greatest mystery in Washington involves not Russian spies or wiretaps but Richard Cordray’s continued employment as director of the Consumer Financial Protection Bureau. In the face of President Trump’s mandate for change, Mr. Cordray continues the Obama administration’s regulatory crusade against lenders, blocking access to the credit that supports so many small businesses and so much consumer spending.

Why would a president who made a TV show out of firing underlings now suffer a subordinate who refuses to get with the pro-growth agenda he campaigned on? If reports from the West Wing are to be believed, Mr. Trump’s unusual timidity is the result of overcautious legal and political advice.

Mr. Cordray is insulated from presidential control by a New Deal-era innovation: a statutory clause that allows the president to fire an independent agency head only “for cause,” meaning “inefficiency, neglect of duty, or malfeasance in office.” In October a three-judge panel of the U.S. Circuit Court of Appeals for the District of Columbia struck down that restriction as an infringement of the president’s constitutional authority to “take care that the laws be faithfully executed.”

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WHAT HAPPENED THAT WILL GUARANTEE TRUMP’S REELECTION – GROVER NORQUIST

Sunday, March 19th, 2017

 

WASHINGTON EXAMINER

Grover Norquist: Here’s what happened this week that guaranteed Trump’s re-election and Republican gains in 2018 and 2020

Remember the date of March 13, 2017. It was the day President Trump was guaranteed his re-election and Republican congressional gains in 2018 and 2020.

It’s not complicated. Follow along.

The Congressional Budget Office released its study of Trump and Paul Ryan’s plan to repeal Obamacare and begin to reform our healthcare system. It had many numbers. Only two mattered: taxes and spending.

CBO announced that the repeal bill reduces taxes by almost $900 billion and reduces federal spending by $1.2 trillion over the next decade. This reduces deficit spending by $300 billion over the next 10 years. Thus the CBO, as official umpire, announced that the GOP Obamacare repeal plan may be enacted through “reconciliation,” the process that requires a simple majority in the House and only 51 votes in the Senate. No filibuster allowed.

Perhaps equally important, the $300 billion in deficit reduction gives Republicans a great deal of wiggle room to amend their basic plan to win votes in the House and Senate to win those 218 congressmen and 51 senators. Tax cuts can be added into the mix. Thanks to the CBO score and the underlying power of the legislation, Obamacare repeal will now pass. The path is clear.

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TRUMP’S BIG BUDGET CUTS

Thursday, March 16th, 2017

 

These are the promises that Trump ran and won on.  Call or write to your representatives in congress if you agree that these cuts need to be made.  Without those of us at the grassroots letting our voices be heard,  congress won’t have the backbone to do this.  Nancy 
THE WALL STREET JOURNAL

Trump Budget Seeks Big Cuts to Environment, Arts, Foreign Aid

EPA, State Department are among those to see sharp spending reductions to offset military outlay in White House plan

March 16, 2017

President Donald Trump called for sharp cuts to spending on foreign aid, the arts, environmental protection and public broadcasting to pay for a bigger military and a more secure border in a fiscal 2018 budget blueprint released Thursday.

The budget proposal is certain to run into stiff opposition in Congress, where lawmakers on both sides of the aisle have already signaled they are unlikely to enact Mr. Trump’s deep cuts when they pass spending bills that actually fund the government.

The budget proposes hefty cuts for the Environmental Protection Agency, the National Institutes of Health and the State Department. It also seeks to eliminate funding for the Corporation for Public Broadcasting, the National Endowment for the Arts and other independent agencies long in the crosshairs of some conservative Republicans.

The cuts, if enacted, would mean some agencies would have to lay off federal workers, though the budget doesn’t always offer exact head counts. It does specify that cuts to the EPA “would result in approximately 3,200 fewer positions at the agency.”

“You can’t drain the swamp and leave all the people in it,” said Mick Mulvaney, the president’s budget director. “I would expect there would have to be reductions of forces at various agencies.”

(more…)

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NEW HEALTH BILL’S SURPRISING FISCAL BONUS

Wednesday, March 15th, 2017

 

The Health Bill’s Fiscal Bonus

The best chance in a generation to control a runaway government.

U.S. President Donald Trump and Speaker of the House Paul Ryan at the White House, March 1. PHOTO: REUTERS
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VICTOR DAVIS HANSON – THE WORLD JANUARY 20, 2017

Wednesday, March 15th, 2017

 

NATIONAL REVIEW
THE WORLD ON JANUARY 20, 2017
by VICTOR DAVIS HANSON March 14, 2017
 @VDHANSON
 Red-blue tensions at home, mounting dangers abroad. Most
 Americans are worried about our domestic crises. Obama
 left office after doubling the debt to $20 trillion. Near-zero
 interest rates over eight years have impoverished an entire
 generation of seniors — and yet remain key to servicing the
costs of such reckless borrowing. Over the last eight years,
 GDP never grew at 3 percent annually, the first time we’ve
 seen such low growth since the Hoover administration.
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THE BLUE STATE DEPRESSION

Tuesday, December 6th, 2016

 

THE WASHINGTON TIMES

The blue state depression

 – – Stephen Moore is an economist with Freedom Works and a senior economic adviser to the Trump campaign.
Sunday, December 4, 2016

People are leaving the Hillary-supporting states in droves

When I say the blue states are in a depression, I don’t mean the collective funk they are in because they lost the election to Donald Trump.

I’m talking about an economic depression in the blue states that went for Hillary. Here is an amazing statistic. Of the 10 blue states that Hillary Clinton won by the largest percentage margins — California, Massachusetts, Vermont, Hawaii, Maryland, New York, Illinois, Rhode Island, New Jersey, and Connecticut — every single one of them lost domestic migration (excluding immigration) over the last 10 years (2004-14). Nearly 2.75 million more Americans left California and New York than entered these states.

They are the loser states. They are all progressive. High taxes rates. High welfare benefits. Heavy regulation. Environmental extremism. Super minimum wages. Most outlaw energy drilling. The whole left-wing playbook is on display in the Hillary states. And people are leaving in droves. Day after day, they are being bled to death. So much for liberalism creating a worker’s paradise. (more…)

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VIDEO – GEORGE SOROS – THE IDEOLOGY BEHIND THE MAN

Thursday, November 17th, 2016

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OBAMA’S FISCAL LEGACY

Sunday, November 13th, 2016

 

This article was written the day before the election but contains very sobering and alarming information on the fiscal health of our country and what the next president  has to deal with.   As if there is not enough bad news in this article, the federal debt is approaching $20 trillion very quickly and increasing the debt ceiling will face Congress and the president by a March deadline.   Nancy
THE WALL STREET JOURNAL

Obama’s Fiscal Legacy

The President’s luck is about to run out—on his successor’s watch.

U.S. President Barack Obama ENLARGE
U.S. President Barack Obama PHOTO: GETTY IMAGES

Congratulations to the President-elect, whoever you are, because you’re going to need it. Our deadline arrived Tuesday before we knew the election outcome, but not before we can say with confidence that President Obama is leaving his successor a large and growing federal budget problem.

That’s the message in the Congressional Budget Office’s summary, released Monday, of the fiscal year that closed in September. Though the subject barely came up in the campaign—little policy substance did—the federal fisc is once again heading for trouble. There are some lessons in this for the next President, who will quickly realize that Mr. Obama’s fiscal luck has finally run out—on his successor’s watch.

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THE UPRISING OF THE AMERICAN PEOPLE

Thursday, November 10th, 2016

 


Patrick Caddell: The real election surprise? The uprising of the American people

Patrick Caddell is a Democratic pollster and Fox News contributor. He served as pollster for  President Jimmy Carter, Gary Hart, Joe Biden and others. He is a Fox News political analyst and co-host of “Political Insiders” Sundays on Fox News Channel.

For more than two years the American people, in a great majority, from left to right, have been in revolt against the political class and the financial elites in America. It is a revolt with historic parallels, most closely resembling the Jacksonian revolution of the 1820s. It is an uprising. It is a peaceful uprising of a people who see a country in decline and see nothing but failure in the performance of their leadership institutions. And they have signaled their intent to take back their country and to reclaim their sovereignty.

Unfortunately, the analysts, the pollsters and most importantly the commentariat of the political class have never understood, and in fact are psychologically incapable of understanding what is happening. And for the entire cycle of this presidential campaign they have failed to grasp what was happening before their eyes – for it runs counter to everything they believe about themselves.

In truth, they are suffering from cognitive dissonance  believing in their righteous superiority and are not capable of realizing that it is they who have become the adversary of the American people. And therefore they have been wrong, in this entire election cycle, every step of the way.

For them, American politics only began yesterday. They know little history and have no appreciation of the collective consciousness of the American people. Whether it is the campaign of Bernie Sanders, who came within a hair’s breadth of knocking out the coronated nominee of the Democratic establishment or on the other side, the emergence of the total outsider Donald Trump, the most improbable candidate of all. In truth, Bernie Sanders and Donald Trump, sucked from the same trough even if it was from opposite ends. But the critical point that is missed, by almost everyone, was that neither Sanders nor Trump created this uprising. They were chosen vehicles – they did not create these movements, these movements created them.

(more…)

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VIDEO – DONALD TRUMP SPEECH ON URBAN RENEWAL, CHARLOTTE, NC, OCTOBER 26, 2016

Wednesday, October 26th, 2016

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