The U.S. Senate is moving the stimulus debate forward and President Obama will probably have a final version on his desk in a number of days. But will this plan stimulate the economy? What is the real track record of government spending and expansion on the economy? What is the track record of tax cuts? What would happen if there were no stimulus plan at all? And what will happen with the economy this year, regardless of any stimulus plan? We ask Brian Wesbury, former chief economist for the Joint Economic Committee of Congress.
Archives for February 2009
Islamic Terrorist Camps in the U.S.
We normally think of terrorist training camps being conducted in remote areas in distant countries. But we now have evidence compiled by the Justice Department that as many as 35 terrorist training camps right here in the U.S. What group is sponsoring these camps? What violent acts has it already committed? What are trainees being taught? Where are these camps? Why isn’t the government cracking down? We ask these questions and more to Ryan Mauro, terrorism analyst for the Christian Action Network, which uncovered the Justice Department report and a training video from these radical camps.
The News
We have Friday’s top news…What deal have Senators reached to pass a compromise version of an economic stimulus bill? How did the new unemployment numbers add urgency to this debate? What’s the new plan for how to spend the rest of the TARP money? What happened on Wall Street Friday? What was President Obama explaining to families of 9-11 victims and those killed in the USS Cole attack? And what horrific story is behind an abortion doctor being punished in Florida? We have all the answers as we bring you the biggest stories for Friday, February 6, 2008.
Economist Lawrence Yun Discusses Housing, Job Losses, Stimulus and More
How will huge job losses impact the ability of Americans to meet their mortgage payments? How weak is the housing market right now? What does that mean in terms of finding bargains? Why should people consider buying a home when job security is shaky these days? Should the stimulus package address the housing crisis? How should it be addressed? What else ahould be included in the stimulus plan? We ask Dr. Lawrence Yun, chief economist for the National Association of Realtors. Dr. Yun was named one of the nation’s top three economists by USA TODAY.
Media Coverage of the Stimulus Debate
The economic stimulus debate is dominating news coverage these days. But hos fair and objective is the reporting? Which networks are basically parroting the Obama administration talking points? Which anchors show their bias more clearly? How does the selection of economic ‘experts’ impact the fairness of the coverage? We ask Jeff Poor of the Business and Media Institute.
Capitol Steps Parody
While lawmakers page through the endless economic stimulus plan, the Capitol Steps examine the health care sector and enjoy the endless parade of prescription drugs we see on television every day. Click here to listen to “Ten Pills and You’re Fine” and our chat with Steps star Elaina Newport.
Energy Policy and the Stimulus Package
President Obama says lawmakers need to pass the economic stimulus package to jump-start the economy and also to begin the transformation of our nation’s energy policy away from what he calls “the tyranny of oil”. So what would the energy provisions in the bill actually accomplish? What should be eliminated? And what should be added? We ask David Holt, president of the Consumer Energy Alliance.
The News
We have Thursday’s top news…How is President Obama changing his rhetoric in support of the massive economic stimulus package? What are moderate senators saying about where the middle ground might be in this debate? What are the latest jobless numbers? What are the conclusions of the first major report on how the Bush administration handled the TARP money? What is CIA Director nominee Leon Panetta saying about his qualifications for the job and the philosophy he will take to the job? Why was Supreme Court Justice Ruth Bader Ginsburg in surgery today? What is her prognosis? And what happened today on Wall Street? We have all the answers as we bring you the biggest stories for Thursday, February 5, 2009.
Stimulus Will Create 300,000 Jobs…For Illegals
There’s plenty of debate over just how much job creation will be spawned by the massive economic stimulus bill being debated in Congress. But the Senate version will likely provide 300,000 jobs for illegal immigrants. How is this possible? Why is the Senate version different on this issue than the House bill? Who is responsible for this back room deception? And which version will carry the day on this issue? We ask Robert Rector, senior research fellow in domestic policy studies at the Heritage Foundation.
The Media’s ‘Slobbering love Affair’ With Barack Obama
The mainstream media are always titlting to the left but in the 2008, the press was more in the tank than ever for the Democrats – and specifically Barack Obama. That’s the thesis of the new book by longtime network television reporter Bernard Goldberg entitled “A Slobbering Love Affair: The True (And Pathetic) Story of the Torrid Romance Between Barack Obama and the Mainstream Media”. Why does Golberg believe coverage of the campaign crossed the line from bias to activism? What’s the difference and why is that difference important? Why did the press consider the campaign more about themselves than Obama? Why did reporters really loathe Sarah Palin? How was it obvious that negative stories for Obama got far less attention than ones that reflected poorly on John McCain? And what risk do we run if this media activism is allowed to continue? We ask these questions and more to Mr. Goldberg.