Agencies in the Federal Government are spending approximately $196 Million of Federal Stimulus funds an hour. At the same time, few if any of those same agencies have allocated greater than 1% of those funds toward the oversight of the distribution of Stimulus dollars. With the spending spree expected to continue until Sept 30th, 2010, some in Washington are starting to take notice.

Here are few examples of where some Stimulus money as already been spent (and the problem many Americans may see with this allocation)… You tell us, is this money well spent?

$233,000 Awarded to…

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Last week’s announcement that the national unemployment rate had dropped to 9.7% was quickly welcomed by many of the country’s top media outlets. To be frank, after an extended period of +10% unemployment and predictions that the rate would remain in the double digits for at least the next year or two, it’s hard not to understand why. However, if you read the fine print, this “drop” is not necessarily a step in the right economic direction.
Here are two reasons why… First…

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Today would have been President Ronald Reagan’s 99th birthday. Much has been written about President Reagan and his dedication to the ideals of the “Shinning City on the Hill.” Along with then British Prime Minister Margaret Thatcher, President Reagan is rightfully credited with taking the actions required that eventually resulted in the end of the Cold War and the Collapse of the Soviet Union. President Reagan, in this writer’s opinion, will be remembered as one of America’s greatest Presidents.
What is perhaps not remembered as well, is Reagan’s love of jokes and good humorous attitude. With this in mind, on President Reagan’s birthday, we would like to celebrate with a couple of videos of jokes about the Soviet Union (often given to him from Soviet citizens and officials) as well as about himself and his political opponents…

Click on this article’s title to continue reading & view some President Reagan’s favorite jokes…

The Washington Post writer, Eli Saslow, wrote about President Obama claiming that it is “… a rare president who comes from the middle class …” But how rare is it to have a president who came from the middle class?

On Feburary 1st, for approximately fourty two minutes, the Office of Management and Budget’s (OMB) Director Peter Orszag and the Chair of the Council of Economic Advisers Christina Romer spoke to the press concerning President Obama’s propossed Fiscal Year 2011 Budget. It is important to note that…

Click on this article’s title to continue reading & view the associated video of the OMB’s review of President Obama’s 2011 proposed budget…

On the same day Senator McCain grilled Defense Secretary Gates over decisions related to the ‘Undie bomber’, news broke Tuesday that Umar Farouk Abdul Mutallab (also known as the “Underware Bomber”, ‘Ding-a-ling bomber’ and ‘Christmas Day Bomber’) is now talking. According to sources, presumably not satisfied with…

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Last week President Obama concluded one year in office with his first State of the Union address. During his speech he emphasized the need for financial/budgetary restraint, he promised to examine every bill line by line and proposed a three year freeze on spending. Critics immediately pointed out the “freeze” was equal to 1% of the budget and that it would not begin until the 2012 fiscal year. President Obama justified this delay arguing the delay was needed to allow the economy to grow and called it budgeting.

This of course started us to wonder… What does a financially responsible budget designed to build economic growth actually look like in President Obama’s eyes?

As if to answer our question, on Monday President Obama released his proposed 2011 budget. The following…

Click on this article’s title to continue reading & compare the Budget items from 2009 to Obama’s 2011 proposed budget…

Polling on - President Obama’s performance, Health Care Reform, Is the U.S. winning the War on Terror, is Congress doing its job, Will the GOP take the House in November, Is the U.S. heading in the right direction, Are financial donations free speech, Will Obama care lead to middle class tax hikes, Will Obama care increase the deficit, Will health care costs rise under Obama care, Does the Federal Government have too much influence over the economy, Did the Stimulus Plan help the economy, Will cutting taxes help the economy, Will cutting government spending help the economy, How is the economy, Will the U.S. be in a recession at the end of 2010, How did the Federal Government do in responding to the earthquake in Haiti, Will Favre retire and more… Click on this article’s title to continue reading…

Not to be left out of the iPhone craze, last week the White House released its own App. Designed to broadcast White House selected blog posts, speeches and photos, there is little doubt it will be downloaded by more than a few Obamiacs and is intended for pure political propaganda. However, what the White House may not have thought through is…

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In what is being described as good politics by some critics and a chance for Obama to lecture Republicans at their own invite by others, President Obama spoke at a Republican retreat in Baltimore on Friday.

Click on this article’s title to read the full transcript (including questions) & view a video of the event…