PELOSI WOULD MUZZLE TALK RADIO
Just as Eileen McGann and I predicted in our book, Fleeced, Speaker of the House Nancy Pelosi (D-Calif.) is pushing an amendment in Congress that would require the Federal Communications Commission (FCC) to “take actions to encourage and promote diversity in communication media ownership and to ensure that broadcast station licenses are used in the public interest,” according to CBS news.
This measure is far more dangerous than the Fairness Doctrine, since it goes not only to programming but to the personnel a station employs, the members of its board and its ownership structure. Pelosi is trying not to muzzle talk radio but to take it over!
COMING NEXT YEAR: OBAMA’S INFLATION
Published on TheHill.com on March 3, 2009
In the last five months, according to the Federal Reserve Board, the money supply in the United States has increased by 271 percent. It has almost tripled.
Have car sales tripled? Home purchases? Consumer spending? Corporate investment? Not only have they not tripled, they have all declined more sharply than they have since at least the recession of 1981-82, and perhaps since the Great Depression.
So where is the money? If it isn’t being spent, where is it?
WAGING WAR ON PROSPERITY
Published in the New York Post March 3, 2009
President Lyndon Johnson’s administration was known for his War on Poverty. President Obama’s will become notable for his War on Prosperity.
We’re speaking, of course, of Obama’s plans to hike income taxes on the most wealthy 2 or 3 percent of the nation. He’s not just raising the top rate to 39.6 percent; he’s also disallowing about one-third of top earner’s deductions, whether for state and local taxes, charitable contributions or mortgage interest. This is an effective hike in their taxes by an average of about 20 percent.
