US Action News

This is a car mandated by environmental elitists and government command-economy bureaucrats at the expense of taxpayers who won’t buy the car but will be taken for a ride anyway. It will not pull us out of the economic ditch we’re in. – IBD

In this ‘transparent’ administration the DOT is hiding information on Toyota safety records. Is this to help the government bailout auto companies increase sales to make the White House payoff of union autoworkers look good?

“A House panel is preparing to accuse Rep. Maxine Waters of at least one ethics violation in her efforts to help a bank with ties to her husband, and the longtime Los Angeles Democrat plans to fight the charges in a House trial, according to a source familiar with the case.” LA Times

Goldman Sachs sent $4.3 billion in federal tax money to 32 entities, including many overseas banks, hedge funds and pensions, according to information made public Friday night.

Big Brother is here in the form of the new bill just signed by Obama. This bill gives unelected bureaucrats vast new powers, ends your right to privacy, makes bailouts permanent, rewards the contributors to the housing collapse and does nothing to correct the root causes of the financial crisis. And they are proud of it.

Rep. Darrell Issa, R-Calif., said the audit “should serve as a wake-up call as to the implications of politically orchestrated bailouts and how putting decisions about private enterprise in the hands of political appointees and bureaucrats can lead to costly and unintended consequences.”

With Dodd-Frank, the Democrats have set out to reorder America’s entire economic system and sever ties with the free-market principles that have guided our nation to unprecedented prosperity.

A defeat of this bill would help avoid a double dip recession. The bill is dishonest because it does not deal with Fannie or Freddie, the main engines of our collapse. Call your senator 202-224-3121

The sheer complexity of the 2,319-page Dodd-Frank financial reform bill is certainly a threat to future economic growth. The bill all but guarantees bailouts as far as the eye can see, while failing to address real problems like Fan and Fred and our outdated bankruptcy code.

The government also became the owner of $16 billion of credit-default swaps, and taxpayers wound up guaranteeing high-yield, high-risk junk bonds.