The P-factor

The “P-factor” is a force that cannot be ignored by the pilot of an airplane.  Depending on the directional rotation of the propeller, it causes the airplane to yaw to the left or right during take off.

The Republican party has a “P-factor” of its own which cannot be ignored.

Say what you will about Ron Paul.  He is and will be a factor in the 2012 presidential election.  He will not win the GOP nomination.  He is running to advance his core beliefs and he must be heard within the party or he will be heard as an independent outside the party.  This would virtually assure Obama’s reelection.

Continue reading “The P-factor”

The Unwanted Christmas Gift

Ronald Reagan correctly stated that the nine most terrifying words in the English language are “I’m from the government and I’m here to help.”

The very last thing we need is a new government agency micromanaging the financial decisions of banks, businesses and individuals. We already have seven powerful entities tasked with the oversight of the banking, lending and investment industries.

We have the Federal Reserve. We have the Comptroller of the Currency. We have the Federal Deposit Insurance Corporation. We have the Securities and Exchange Commission. We have the Commodities Futures Trading Commission. We have the National Credit Union Administration and the Federal Housing Finance Agency. They have done such a wonderful job. Just look at the mess we’re in!

Now, the Obama Administration and the Democrats have given us a new, onerous, unaccountable regulatory agency with virtually unlimited power to control all of our money that isn’t hidden under a rock somewhere. It’s called the Consumer Financial Protection Bureau. If you are the least bit familiar with Washington, the name alone is enough to leave you shaking in your boots. Continue reading “The Unwanted Christmas Gift”

The Takeaway from Solyndra

If we learn anything from the Solyndra debacle it’s that the government should not be in the business of making loans, period!

The House Oversight and Government Reform Committee is now investigating the allegations of improper dealings between the White House and the failed energy company. Taxpayers would be better served if Congress simply would vote to end all government-backed loan programs.

Fat chance! These government-backed projects represent a mother-lode of campaign contributions for both political parties. Continue reading “The Takeaway from Solyndra”