Articles of Interest

Amidst our rapidly deteriorating economic situation, President Barack Obama and members of Congress have an extraordinary responsibility-and opportunity-to revive our economy and bring meaning to the words "hope" and "change."

To date they have failed in every measure.

Instead of leveraging enormous bipartisan goodwill and a genuine collective enthusiasm for reform, the politicians in Washington who crafted the recent bailouts and budget reverted to classic Beltway deal making and borrow-and-spend economics that rewards favored constituencies and pits taxpayers against recipients of government largesse.


Nuclear energy: The way to transform our energy future
08.01.10

By Fred Tausch  The catastrophic oil spill in the Gulf of Mexico has reinvigorated debate on our continued dependence on fossil fuels. It's clearly in America's best interests to develop alternative, non carbon emitting fuels and the technologies that will someday liberate our country...

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Why Greece Matters: What We Can Learn From Its Financial Crisis
05.20.10

By Charlie Bass and Fred Tausch Greek tragedies traditionally depicted the downfall of a hero or heroine based, in part, on some flaw or error in judgment.  Today’s Greek tragedy, coming in the form of massive government spending cuts and unexpected tax increases, is no...

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Financial Reform In Congress Need Not Be Complicated
05.05.10

By Fred Tausch [As seen in the Union Leader and Derry News ] Congress is about to begin debate on legislation imposing new regulations on the financial services industry.  The declared purpose of the legislation is to prevent the continuation of practices that led to the near...

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Gaming won’t fix our problems; it will create worse ones.
03.26.10

By Fred Tausch   It’s always easier to govern in good economic times than bad ones.   Many state governments increased their budgets prior to the current deep recession, and now confront budget deficits they are constitutionally required to balance.  ...

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A Scott Brown win will spare NH massive unfunded federal health care mandates
01.15.10

By Penny Wise   Is Massachusetts on the cusp of re-launching its famous “shot heard round the world?” A Scott Brown victory on Tuesday would deliver as much – and more.   The health care reform debate in Washington has shown us just how fractious the...

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Despite dismal results, Dems continue push for transportation spending in Stimulus II
01.13.10

By Penny Wise   Amidst news of continuing job loss and double-digit unemployment, a recent Associated Press analysis reveals an open secret: stimulus spending on transportation infrastructure has failed to bring down local unemployment rates.   Here in New...

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Health Care Reform Train Wreck
12.16.09

Senate Democrats’ reform plan lays groundwork for ‘financial ruin’ by Penny Wise   The continuing debate in the US Senate over health care reform is turning into a train wreck of epic proportions. With each vote, it looks more and more like everyone will be...

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Fed’s ‘Backdoor Bailout’ Benefits Wall Street, not Main Street
12.01.09

NH Taxpayers and Businesses Hit Hard   by Penny Wise   Democrats in Congress have been more than happy to faithfully vote for President Obama’s massive bailouts and federal spending spree, which has mostly enriched bankers, financiers and shareholders, but not helped...

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Rampant Fraud Plagues Obama Stimulus Programs
11.04.09

NH Congressional Democrats Encourage More of the Same by Penny Wise   All parents hope their children will someday be able to purchase a home. But as young as age four? Fraud in the Obama administration’s First-Time Homebuyer Credit program has gone unchecked, costing...

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Obama’s ‘Symbolic’ Peace Prize Costs Americans
10.20.09

by Penny Wise Much has been written about Barack Obama winning the 2009 Nobel Peace Prize . Most commentators, both friend and foe of Obama, liberal and conservative , and even some of the judges in Norway, wonder why Obama was awarded the prize after having been in office only...

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Obama’s Health Care Reform Prescribes Painful Costs and Cuts
09.15.09

by Penny Wise   President Obama likes talking about sharing— sharing the wealth , sharing responsibility, or perhaps more precisely, sharing the pain. His health care reform plan is full of sharing, and if you read between the lines and look below the surface, you can see he is...

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Stimulus funds beautifying New Hampshire?
08.31.09

Beauty Schools Across Granite State Net More Than $300,000 Through Federal Spending Program LACONIA CITIZEN – “The Empire Beauty School in Laconia was also the recipient of $250,000 in nonreimbursable direct financial aid.” (Gail Ober, “Laconia gets more...

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Obama Program Is a Costly Clunker
08.28.09

by Penny Wise   Question: What does President Obama call combining politicians in Washington, new car dealers, government bureaucrats, 700,000 Americans, and $3 billion in deficit spending over 30 days?   ...

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Democrats Dodge Meeting with Constituents About Issues
08.24.09

Questions screened at tele-town hall meetings   by Penny Wise   House and Senate Democrats have been dragging their heels in scheduling face-to-face meetings with constituents during their August...

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Obama Should Say ‘No’ to Dems’ Health Care Reform Plan
08.14.09

Obama Should Say ‘No’ to Dems’ Health Care Reform Plan   by Penny Wise Discussions on health care reform in the U.S. have become emotionally—and sometimes physically—charged. The public senses they have a lot at stake in the outcome of this...

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Alarming US Budget Deficit Causes Russia to Shift Assets from US Dollars
06.27.09

Global trend could quickly reduce US standard of living by Penny Wise   For decades, Russia’s reserve currency has been the US dollar, but the dollar has recently fallen out of favor. The Russian government is now aggressively moving assets into other...

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Obama Administration Spin on Stimulus Spending Will Not Improve Unemployment Rate
06.19.09

by Penny Wise Vice President Joe Biden is well known for his verb gaffes, and now inept spin doctor can be added to the list. During a June 14 appearance on Meet the Press, he told host David Gregory and the American people that the federal government stimulus spending plan has stopped...

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GM Bankruptcy’s Biggest Losers: Taxpayers, Car Buyers and Ford Motor Company
06.05.09

by Penny Wise   Now that General Motors has entered bankruptcy proceedings, President Obama says he wants politics out of the restructuring of GM, even though taxpayers own over 60 percent of the company. "What we are not doing — what I have no interest in doing...

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Obama’s $80 Billion-a-Year Hidden Tax
05.23.09

Cap-and-trade tax plan will cost families an extra $1,600 a year by Penny Wise   Candidate Barack Obama promised not to raise taxes on those making less than $250,000 a year , but he rarely mentioned that if elected president he would effectively tax all Americans by supporting a...

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Democrats’ Proposed Healthcare Reform Will Cost Trillions and Ration Care
05.11.09

By Penny Wise   President Barack Obama said in March, “I don’t think the best way to fix our health care system is to suddenly completely scrap what everybody is accustomed to.” Democrats in the House and Senate think otherwise. And they have the votes to...

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Democrats Are Destroying the Value of Your House
05.01.09

By Penny Wise   If the US government and Federal Reserve having spent, lent, or committed $12.8 trillion to combat the recession has you worried about how this massive debt will affect your children’s future, think sooner and closer to, well, your home. This spending spree...

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A Community Banking View of TARP: Paying for others’ sins
04.17.09

News about the toxic assets of large financial institutions, their desperate need for capital infusion and the subsequent passage by Congress of the Troubled Asset Relief Program ( TARP ) has dominated headlines for months. With the spotlight on how TARP is impacting large banks , little...

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COBRA Could Take a Painful Bite Out of Small Businesses
04.05.09

Business owners must notify terminated employees by April 18 By Penny Wise   The recession is already taking a bite out of many small businesses, and thanks to the Obama administration and Congress, the recent American Recovery and Reinvestment Act of 2009 (the stimulus...

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Who’s In Charge?
04.03.09

Obama team and key Congressional players lack business and financial experience needed to solve country’s economic crisis By Penny Wise   Again, it is very clear that we have an administration that does not understand business, in fact their tone is at odds with much...

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Proposed Tax Deduction Cuts: A Smokescreen for Bigger Government
04.01.09

$866 billion in health care reserve fund not mentioned in Obama budget – all taxpayers to pick up the tab By Penny Wise   Barack Obama made tax increases for wealthy Americans and tax cuts for everyone else a centerpiece of his presidential campaign, so it...

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