A couple quick reminders for readers: Tonight Mount Virtus and several other Right-leaning Colorado sites will host a group live blog of the vice presidential debate, starting at 7 PM local Mountain time. One more participant has joined us: NightTwister. Just log on to the main page of this site at 7:00 or thereafter, and you'll see the live blog going. One more reminder: If you have the slightest interest in volunteering to help the Republican presidential ticket and your state and local candidates, this weekend is the best time to get involved. Details of where to go and who to contact are here. … [Read more...]
Barack Obama and Democrats’ Role in Failing to Avert Financial Crisis
Writing at Bloomberg News, economic analyst Kevin Hassett unravels the story behind the recent financial meltdown (H/T Rossputin). An opportunity to avert the crisis came in 2005 with the introduction of legislation to provide a "world-class regulator" of government-sponsored mortgage loan institutions Fannie Mae and Freddie Mac. Then-Federal Reserve Chairman Alan Greenspan noted that failure to address the problem was "placing the total financial system of the future at a substantial risk.'" Here's the key passage from Hassett's article (though you should really read the whole thing - it's not terribly long):If that bill had become law, then the world today would be different. In 2005, 2006 and 2007, a blizzard of terrible mortgage … [Read more...]
Endorsements Likely Key Factor in Lifting Wil Armstrong into Close Race
I've written very little about the 6th Congressional District primary since my endorsement of Wil Armstrong nearly four months ago. Since then, many prominent Republicans have followed suit with their public endorsements, including Senator Wayne Allard, former Governor Bill Owens, Attorney General John Suthers, former state senate leader Mark Hillman, former Secretary of State Gigi Dennis, and even former Massachusetts governor and possible vice-presidential candidate Mitt Romney. For the longest time, Secretary of State Mike Coffman has been viewed as the prohibitive frontrunner in this four-way race, which also features state senators Ted Harvey and Steve Ward. But then today comes interesting news from the campaign - also reported at … [Read more...]
Democrat Gwyn Green, Poster Child for Economic Illiteracy, Strikes Again
Liberal Democrat Rep. Gwyn Green, whose state house district covers part of Denver's western suburbs, is a poster child for economic illiteracy. This fact has only been reconfirmed today by a Face The State report on her ill-informed but zealous refusal to attend a party sponsored by the Colorado Oil and Gas Association:"I see no point in attending the COGA Conference," she wrote. "Your announcement does not indicate any desire to moderate the ungodly profits the oil and gas companies are reaping at the costs for [sic] consumers." Of course, the report goes on to explain her fallacy:According to the American Petroleum Institute, statistics through the first quarter of 2008 show that, on average, only 7.4 percent of each dollar paid at … [Read more...]
Support for Congress Matches Belief that Astrology is “Very Scientific”
Public confidence in the U.S. Congress has never registered lower than it does today under the leadership of Nancy Pelosi and Harry Reid:The percentage of voters who give Congress good or excellent ratings has fallen to single digits for the first time in Rasmussen Reports tracking history. This month, just 9% say Congress is doing a good or excellent job. Most voters (52%) say Congress is doing a poor job, which ties the record high in that dubious category. The level of cynicism is stunning across the board (only 13% support from Democrats, 8% from Republicans, 3% from unaffiliated voters). Based on what Townhall columnist Jon Sanders pointed out last year when Congress' approval rating was 14 percent, as many Americans believe that … [Read more...]
Bernie Buescher Lax about Dollars Taken by Ritter’s Unauthorized Tax Hike
It's not just Democrat Governor Bill Ritter who is presuming to wager more than $100 million in taxpayer funds on his confidence in the state supreme court overturning a decision against his unconstitutional property tax increase. The Grand Junction Free Press reports about the lax attitude of a ranking Democrat incumbent from the Western Slope:The appeal has not been scheduled, and Democratic Rep. Bernie Buescher of Grand Junction believes it’s too soon to make a plan for a change that may never come. The article explains that the money collected starts to be spent on July 1. And while Republican lawmakers Rep. Steve King and Sen. Josh Penry want to work quickly to find a prudent solution, Bernie Buescher (pictured) has taken a … [Read more...]
What Does Bill Ritter Know about Court to Gamble Taxpayer Dollars?
Yesterday, highlighting Governor Bill Ritter's arrogant response to the recent court decision finding his property tax hike unconstitutional, Republican leaders in the state legislature Mike May and Andy McElhany dashed off a scathing letter:It is irresponsible to assume that the Colorado Supreme Court will overturn the decision of the District Court that your property tax proposal from last year is unconstitutional. A new analysis by Legislative Council shows that the cost of doing nothing to address this possibility, before the budget goes into effect on July 1, 2008, will be $272 million! The price of inaction is too great. Serving in the justice system, you saw how difficult it is to win on appeal, and must recognize the need for … [Read more...]
John LeGrew, Who Are You?
If you want to know how bad a state the national Republican Congressional campaign is in, look no further than my own backyard: Colorado's 7th Congressional District. Once a nationally targeted toss-up swing district defended by Republican incumbent Bob Beauprez, the GOP cannot find anything approaching a credible candidate to square off against the first-time Democrat incumbent Ed Perlmutter. According to the Colorado Statesman handed out at Saturday's Republican State Convention, the GOP's candidate for the 7th is none other than (drumroll, please) ... John LeGrew. "No information was available to the Party as of press time," it reads under his picture. No offense or anything, I'm sure Mr. LeGrew is a nice guy and all. But just who … [Read more...]
Hillary Supporter Lashes Out at Obama, Democrats; Promises McCain Victory
As much as Republicans are less than enthusiastic about their Presidential nominee, a video like this helps to confirm my suspicions that the Democrats have bigger problems: The Washington Post's Chris Cillizza has more details here on what exactly made this woman and so many other Hillary supporters angry. Clinton's overwhelming primary win in Puerto Rico doesn't add any more clarity - or confidence -to the Democrat nomination picture. … [Read more...]
Politico’s Bad and Not-so-Bad News for Barack Obama
A quick glance at Politico this morning ... Bad news for Barack Obama: A stinging blowout defeat in the West Virginia primary holds a lot of evidence that the Leftist Illinois Senator faces serious demographic challenges beyond the bellwether state. Not-so-bad news for Barack Obama: All signs point to another bad national election season for Republican candidates. … [Read more...]
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