Private Sector

Yesterday, ABC News leaked a confidential report from Investment Bank Goldman Sachs warning that the Spending Cuts proposed by the Republicans to take effect this year would slow The Economy by 2% of Gross Domestic Product. It also found that ev…

Freddie Mac lost $14 billion in 2010, the troubled Mortgage giant reported Thursday. The government-sponsored enterprise (GSE) reported a loss of $113 million in the Fourth Quarter of the year alone. However, both those numbers are actually imp…

As former Obama Chief of Staff Rahm Emanuel infamously said, “You never want a serious crisis to go to waste,” and Ohio’s Democrat leadership are taking his words to heart during the current fight between Republicans and union su…

"Thnx. Keep on him," Michelle Malkin twittered yesterday re our own District 8 MA Rep. Michael Capuano's unfortunate slip of the tongue at a union rally in Boston Tuesday, when this me-too signer of the President's fatuous &quo;…

Wisconsin public School Teachers are not responsible for the credit collapse, the national Unemployment rate, the fall of the industrial sector or the fiscal crisis. Allowing them to bargain collectively has not bankrupted Wisconsin. Its declinin…

The U.S. House of Representatives did something this past week that while on the surface seems like common sense, was actually a bit of courageousness.  A Bipartisan group of representatives voted down the back-up engine for the F35 Strike Fi…

CAMBRIDGE, Massachusetts (Reuters) - Republican proposals on how to reform federal programs like Social Security and Medicare could be ready in about a month, the No. 2 Republican in the U.S. House of Representatives said on Thursday. Speaking at…

The potential government shutdown is not just history repeating itself between a Democrat President and a Republican House.  It’s also a repeat of a key role played by government employee Unions. What’s different now is that the…