Archive for the ‘Big Govt’ Category

Detroit Looks to Pay Less to Bondholders

June 16 | Posted by mrossol | American Thought, Big Govt, Debt, Democrat Party, Liberal Press, Party Politics

What a mess. I’m sure George Bush is mostly to blame. Is anyone surprised that most liberal newspapers do not put too much time into this story. Might be inconvenient… ============= By MATTHEW DOLAN, KELLY NOLAN and EMILY GLAZER DETROIT—The city of Detroit told some debtholders on Friday they will have to accept pennies on the dollar or risk getting drawn... Read more

Think the IRS Is Bad Now? Just Wait.

June 16 | Posted by mrossol | American Thought, IRS

Will Mr. Hatch get to say ” ‘ told you so…” I hope not. ========= By ORRIN HATCH The Internal Revenue Service has never been an agency much loved by the American people. With the IRS’s targeting of conservative groups, its already bad reputation has now sunk to a new low. But the scandal raises a critical question: If the IRS can’t manage... Read more

USDA’s Raisin Brand

June 11 | Posted by mrossol | Big Govt, Socialism

Really? ======== If the government confiscates your property without compensation, that’s a violation of the Constitution’s Takings Clause. If it confiscates your property as part of a longstanding government program, that’s business as usual at the Department of Agriculture. Or at least it was until Monday, when a unanimous Supreme Court ruled that raisin farmers can challenge federal regulations in court before... Read more

Mum’s the Word About SEC Defeats

June 3 | Posted by mrossol | American Thought, Big Govt

“A more open and transparent Government…” ========= By RUSSELL G. RYAN More than three months ago, the Supreme Court unanimously dismissed Securities and Exchange Commission penalty claims against investment adviser Marc Gabelli because the SEC 5304.OK -1.84%took too long to file its case. But you wouldn’t know that if you monitored the case on the SEC website. You’d find the regulator’s initial fraud... Read more

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