Category Archives: Money

Fumbled fiscal fix was the least bad deal available

(Boston) Beyond the extravagantly and justly praised Lincoln the best of the holiday movies is the riveting Ben Affleck vehicle Argo based on the true story of the daring rescue of six American Embassy employees hiding in the Canadian Embassy during the 1979 Teheran Hostage Crisis.

When questioned by Secretary of State Cyrus Vance about alternatives to the bizarre scheme of creating a fake Hollywood movie as a cover for the escape the CIA agent who would lead the rescue (Affleck) replies: “There are no good ideas, sir. Only bad ones but this is the least bad one” while making clear that doing nothing would be worse still. Continue reading

Head On TV: Don’t disarm the law-abiding

Since Connecticut’s strict gun control didn’t prevent the Newtown horror, policymakers shouldn’t impose new restrictions that disarm the law-abiding, says John Andrews in the January round of Head On TV debates. Just do the math, replies Susan Barnes-Gelt, and we’ll all conclude too many have died, laws must be tightened. John on the right, Susan on the left, also go at it this month over Colorado proposals to help children of illegal immigrants and shut down death row, as well as the continuing fiscal cliff drama and the Obama-Boehner standoff. Head On has been a daily feature on Colorado Public Television since 1997 and a presentation of Centennial Institute since 2009. Here are all five scripts for January: Continue reading

New Year’s Resolution for Congress

Among the most popular New Year’s Day resolutions for the average American is to better manage personal finances. We determine to pay down debts, cut back on expenses, and even save a little for a rainy day. Not so with Congress which resolved in the wee hours of the morning on January 2nd to add to the national debt, increase spending, and raise taxes.

With the biggest tax hike in two decades, Coloradans earning more than $250,000 will pay higher taxes. Continue reading

Between a fiscal cliff and a hard place

(Centennial Fellow) In the course of perusing the “fiscal cliff” rhetoric dominating the political world recently, I came across a story about deliberations over the Times magazine “Person of the Year.” While meditating on the issues surrounding the fiscal cliff, it occurred to me the perfect nominee for the Times cover is Julia — the haplessly dependent animation the Barack Obama campaign used to show the joys of cradle to grave handouts. Sure, Sandra Fluke does a mean real-life impression, but I doubt her actual impact. Continue reading

The truth about playing the ‘liar’ card

(‘76 Contributor) Believing a free press to be a vital safeguard of liberty, Thomas Jefferson said, “Whenever the people are well-informed, they can be trusted with their own government.” Many believe the inverse of Jefferson’s maxim — the people are uninformed, and therefore the government can’t be trusted. After all, what well-informed American would knowingly allow politicians to lead us to the monumental economic and budgetary “cliffs” we face? Continue reading

Who is the party of big business? Dems, not GOP

Editor’s Note: Looking at the trend of 2012 campaign donations, listening to the 2012 campaign rhetoric, and reviewing the Obama administration’s favoritism to giant corporations, CCU History Prof. Bill Watson asked us to publish again the following post by him that originally appeared on this same blog in January 2010. Word for word, unchanged from what he wrote then, it is still on target as another crucial election day approaches. Please read and heed: Continue reading

Left & right agree for once: Colorado taxed enough already

It’s something new and notable in Colorado politics: An unapologetic liberal and an unwavering conservative agreeing in spite of themselves that tax increases for metro-Denver municipalities and school districts on the November ballot are an overreach.

In the September round of Head On mini-debates for Colorado Public Television, sponsored by Centennial Institute, Continue reading

How Obama crushed thousands of auto dealerships

(‘76 Contributor) In 2009, the Auto Task Force under the US Treasury Department and its head, Steve Rattner, Obama’s Car Czar, entered into negotiations with Chrysler and GM (auto manufacturers) to “save” the auto industry. Herein, the auto task force, without inside knowledge of the industry, pressured the manufacturers to reduce the number of dealerships and fast tracked the government-managed bankruptcy to do just that. This did not allow for due process in the bankruptcy court. Continue reading

Rattner on Romney’s taxes? No room to talk

(‘76 Contributor) Well, well. Steve Rattner is now a spokesperson for the Obama re-election campaign and has specifically been speaking about financial matters. Rattner has appeared on both CNN and Fox. In a July 22 interview with CNN’s Fareed Zakaria, Rattner questioned Mitt Romney’s tax returns.

But as Rattner proclaims his expertise as “an equity guy” to Zakaria and condemns Romney for allegedly sleazy financial dealings, Continue reading

No Coincidence: Troubling Link Between Government Spending and Higher Tuition

(Centennial Fellow)The Democrats want to scare the elderly to death about Paul Ryan’s Medicare proposals even though they won’t affect anyone over 54. And here’s what they’re not telling anyone: Their own legislative mishaps include billions in cuts that start eating away at Medicare right around the corner and won’t address the debt threat because of the coming costs of Obamacare. Continue reading