Thursday, April 18, 2024
According to a report by the Daily Caller, former Democratic IT aide, Imran Awan, used his position as a congressional IT aide to to pressure local police to drop fraud charges against his father for writing seven fraudulent checks during the course of multiple land purchases. One of the victims,...
Removing insolvency from PROMESA makes it a bailout bill
The legislative process has a way of changing legislation, and when politicians are done working on the drafts of bills, they can be quite different than how they started. This is the case with the Puerto Rico Oversight, Management, and Economic Stability Act (PROMESA) that Congress recently passed to...
Herbalife is a winning investment for Carl Icahn
Hedge fund investor Bill Ackman placed a billion dollar short bet on nutrition supplement maker Herbalife. Ackman just didn't bet on the failure of Herbalife, he has been actively seeking to make it happen in order to profit from his short bet on their stock. Since then, investor Carl...
Seton Motley | Less Government This article was first published on Red State The federal government spends per annum - nearly four TRILLION dollars. Numerically, that’s: $4,000,000,000,000. The entire United States economy - the output of every single man, woman and child in the 300+ million U.S. population - is $18...
Sheldon Adelson gets Sen. Tom Cotton to bring back his Internet Gambling Ban legislation
The voters sent a clear message on Election Day to reform government and drain the swamp, but some in Washington D.C. didn't get the message. While few were watching, on September 21, Sen. Tom Cotton (R-AR), an ally of Las Vegas Casino magnate Sheldon Adelson, filed a bill in...
Hedge funds profit from destroying companies
The success or failure of a business enterprise should be determined by market forces. If a company successfully markets a better product or services to its customers, it will succeed. While some investors put up money to bet on the success of a company, hedge fund investors pick the...
Obama's EPA busted using private e-mails to conduct government business
Hillary Clinton is not the only Obama Administration official to have used private e-mails to conduct official government business. Documents obtained by Freedom of Information Act request by the Energy & Environment Legal Institute (E&E Legal) illustrate how U.S. Environment Protection Agency (EPA) circumvented federal law by conducting official...
Republicans push for repeal of the Durbin Amendment
Congressional Republicans, lead by Rep. Randy Neugebauer (R-TX), have taken a strong stand for consumers by pushing for the repeal of the Durbin Amendment. Enacted as part of the Dodd-Frank financial regulations bill in 2010, this amendment proposed by Sen. Richard Durbin (D-IL) capped the fees charged to merchants...