Beware the Cult of Obama: You've met them. They may be friends of yours, or family members. You may even be one of them (in which case you'll hate this column). I'm referring to those who've heard the Call of Obama.
Detroit Day 2: De Facto Government Takeover: General Motors couldn't possibly have imagined this outcome when it made the calculated decision last fall to ask for survival loans from the federal government instead of taking its chances on a bankruptcy filing. Now, GM may get the bankruptcy anyway, and its future will apparently be dictated by a White House whose vision for the company is driven more by ideology than the marketplace.
The Rise of ObamaCorps: As ALG News mentioned last week, Rep. Virginia Foxx's (R-NC) amendment banning so-called “volunteer” organizations from using taxpayer funds to political purposes was stripped from its parent bill in the Senate, and replaced by an amendment allowing those organizations to skirt the law and continue lobbying. This week, the House will approve the Senate version, and President Obama will no doubt sign it shortly thereafter.
The Taxman Cometh: Even as taxpayers are struggling to make ends meet in a crumbling, tumbling economy, your friendly neighborhood (and state and federal) government is having a hard time making do with the meager trillions you're throwing its way, so it's relying on an old maxim: If it exists, it can be taxed.
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