On Tuesday, President Obama announced yet another initiative to try to shore up the struggling housing sector. Unfortunately, this time around his meddling will not only continue to distort the haywire housing market, but it will also put more financial pressure on an already-troubled government housing agency that some have said is in danger of needing a big taxpayer bailout.
The alphabet-soup federal bureaucracies seem to be engaged in a contest to see who can do the most to steamroll the legitimate legislative process and compromise freedom and economic growth. To date it has been a neck-and-neck race between the EPA, which is pursuing a head-spinningly aggressive anti-energy and anti-development agenda, and the NLRB, which [...]
By Phil Kerpen
Published January 04, 2012 | FoxNews.com
Obama believes he can decide for himself that the Senate is in recess when it is not, overturn at least a hundred years of precedent, and bypass the Constitution’s advice and consent requirement.
Moreover, the president now considers it a political virtue that he is doing precisely what he criticized George Bush for doing: “make laws as he is going along.” Obama now says: “I refuse to take 'No' for an answer… when Congress refuses to act in a way that hurts our economy and puts people at risk, I have an obligation as president to do what I can without them.”
Read the rest at Fox News Opinion.
[img_assist|nid=25037|title=|desc=|link=url|url=http://www.americansforprosperity.org/budget-spending|align=left|width=79|height=103]Today Americans for Prosperity joined nineteen other conservative organizations in sending a letter to Congress demanding they do not use U.S. taxpayer dollars to bail out troubled European governments.
The International Monetary Fund (IMF), which receives nearly 17 percent of its funding from the United States, has committed $353 billion to bailing out European governments, though much of that money has not yet been spent. Greece, Ireland, and Portugal have already received hundreds of billions in funds from the European Union and the IMF. If the crisis continues to spread, more money may be put on the table to bail out additional European countries.
Today Americans for Prosperity joined nineteen other conservative organizations in sending a letter to Congress demanding they do not use U.S. taxpayer dollars to bail out troubled European governments.
The International Monetary Fund (IMF), which receives nearly 17 percent of its funding from the United States, has committed $353 billion to bailing out European governments, though much of that money has not yet been spent. Greece, Ireland, and Portugal have already received hundreds of billions in funds from the European Union and the IMF. If the crisis continues to spread, more money may be put on the table to bail out additional European governments.
"Hardworking American taxpayers should not be forced to cover the costs of reckless government spending policies in countries like Greece and Italy," the coalition letter reads. "The problems in Europe are for Europe to address without forcing American taxpayers to pick up the tab."
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