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Archive for February, 2009

No confidence in Obama spending spree

WASHINGTON, D.C. — America’s job creators offered the Obama administration’s economic plans another resounding vote of no confidence, with stocks plunging once again as President Obama refused to change the failed big-spending, big-government policies responsible for the current economic stagnation, Libertarian National Committee Communications Director Donny Ferguson pointed out Wednesday morning.

Indianapolis councilman switches from GOP to LP

Ed Coleman, a member of the City-County Council of Indianapolis and Marion County, announced Tuesday he has switched his party affiliation from Republican to Libertarian.

Tennessee may reject stimulus aid for jobless

Tennessee could reject a portion of the $787 billion economic stimulus package out of concerns that it would force the state to raise taxes on businesses in the future.

Obama talks of “spreading the wealth”

Speaking in front of a joint session of Congress for the first time, U.S. president Barack Obama laid forth an agenda that will demand significant resources and a profound amount of money to address problems that he believes the federal government can magically fix.

House Democrats want $410 billion more

Days after Congress managed to approve nearly $800 billion in stimulus spending, House Democrats proposed today an additional load of $410 billion to sustain the federal government through the remainder of the fiscal year.

Consumer confidence continues to slip

Feb. 24 (Bloomberg) — Confidence among U.S. consumers plunged to a record low in February, signaling spending will slump further as unemployment soars.