Research

March 2010

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When Nancy Pelosi’s campaign of arm-twisting was coming up short on Saturday, she turned to Rep. Bart Stupak (D-MI), who was the ringleader of a small group of Democrats who opposed Obama’s government-run health care experiment and its funding for abortion. Unfortunately, his opposition was in name only, since he and six of his colleagues decided to support the bill anyway, with nothing but a promise from President Obama that he wouldn’t use public funds for abortions.

Pro-life organizations opposed the switch, with the Susan B. Anthony List going so far as to rescind an award they were preparing to give Rep. Stupak in a few days. Instead, they have vowed to defeat Reps. Stupak, Driehaus (D-OH), Kaptur (D-OH), Rahall (D-WV), Mollohan (D-WV), Dahlkemper (D-PA) And Donnelly (D-IN) in November.  Defeating these seven Democrats is key to ensuring our goal to fire Nancy Pelosi as Speaker of the House in the next Congress. Head to FireNancyPelosi.com to help out, and read our Research ... more

March 2010

Posted by: administrator

Fresh off claiming to be oblivious to former-Rep. Eric Massa’s questionable behavior and ignoring the myriad ethical lapses of Rep. Charlie Rangel, there appears to be a new ethical scandal brewing in the “most open and honest” Congress for  Speaker Nancy Pelosi to claim ignorance.

While New York Rep. Gregory Meeks claims to survive “paycheck to paycheck,” The New York Times reports he “lives a life worthy of a jet-setter.”

When he travels, he stays in luxury hotels like the Mondrian South Beach in Miami and the Ritz-Carlton in San Juan, P.R. He drives a Lexus, leased by the federal government, at a cost of $1,000 a month. He eats expensive meals at BLT Steak in Washington and Docks Oyster Bar in Manhattan, among other trendy spots. …

Mr. Meeks’s hotel visits paid by his campaign and political action committee since 2007 include stops at Hotel Playa Bonita in Panama; the MGM Grand, Mirage, Monte Carlo and Bellagio hotels in Las Vegas; the Buccaneer Hotel in St. Croix, V.I.; and ... more

March 2010

Posted by: administrator

The day after House Dems passed Obama’s $2.5 trillion government-run health care bill, Bloomberg is reporting that it is currently less risky to lend to Warren Buffet than to President Obama and the Congressional Democrats. Historically, treasuries have lower yields than corporate debt because they are backed by the “full faith and credit of the government,” but currently two-year notes from Berkshire Hathaway Inc. have yields that are 3.5 basis points lower than similar treasuries. Put more simply, as one investor stated: “It’s a slap upside the head of the government.”

It should come as no surprise to anyone that it is becoming increasingly more risky to lend to the United States.  As a result of Obama’s binge spending, Moody’s has warned recently that the U.S. could lose its AAA credit rating.  The Obama administration has been ignoring these warnings and last night’s House vote on the Dems’ government-run health care bill just reinforced the fact that Congressional Dems are in ... more