Government pledges to make it up "in volume". :P

Seriously, though, how can anyone call this a "good deal"?
NEW YORK (CNNMoney) -- U.S. taxpayers likely lost $1.3 billion in the government bailout of Chrysler, the Treasury Department announced Thursday ( Read more... )

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Source of claims about mobile bio-weapons labs admits he lied.
Janabi, who fled Iraq in 1995, denied that he lied to the BND in order to secure asylum, claiming he did it purely to topple Saddam.
He's not the only one. Saddam Hussein himself admitting to lying about possessing WMD to keep Iran at bay and himself in power ( Read more... )

President Obama acknowledges the reality of the huge Republican wins in November and not only endorses an extension of the Bush tax cuts but also approves the Republican move to cut payroll taxes by 2%. (And if you remember a payroll tax cut was what I endorsed years ago ( Read more... )

Obama's America: 10% unemployment and 14% poverty ( Read more... )

We've already lost at least $1.6 billion, with another $1.9 billion unlikely to ever be paid off as well. Add in the GM liability and it climbs to a whopping $34 billion ( Read more... )

Of course, being Obama, he managed to do it in a way that he can claim to be "doing something" while also managing not to do anything at all. (Similar to the way that Clinton was "doing something" about Social Security by not doing anything at all.) While the topic was offshore drilling near Virginia what was left unsaid was that Obama was not ( Read more... )

Humiliated and stung by the truth over Republican votes on transportation security the left continues in their attempts to make terrorism a partisan issue by claiming that President Bush being in Camp David (minutes from the White House) two days prior to Christmas is the same as Obama being in Hawaii, after Christmas, and staying there. Of course ( Read more... )

Have you heard the one about where a President uses money borrowed under a previous administration in an attempt to make is own outrageous deficits appear smaller?

Sadly, it's no joke. The Obama administration is proposing that money borrowed under TARP (during 2008) be used to "pay down the deficit" in the 2010 fiscal year. Remember when ( Read more... )

Since Obama took office 8 million jobs have been lost.

Not imaginary jobs like the administration counts for the "stimulus", but real, tangible jobs. Remember when the Democrats claimed that a million jobs being lost while Bush was President was the end of the world? Once again Obama outdoes Bush with eight times as many unemployed and the clock ( Read more... )