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...OK, now I get it – we’re playing by government rules. It’s like Chicago rules only better. Here’s all you need to know: if generally accepted accounting principles (GAAP) were good enough for government work, we wouldn’t have had to invent generally accepted government accounting principles (GAGAP). But you already knew that your government operates by it’s own rules, didn’t you? Anyway, in case you were wondering why you’re just now hearing that the national deficit is actually 6 times higher than previously reported, it’s because of the golden rule. Using these special government rules, we don’t have to count...

This week Chrysler went through the same sort of shenanigans American taxpayers have already spent more than $13 billion bailing out Chrysler. The Obama administration already forgave more than $4 billion of that debt when the company filed for bankruptcy in 2009. Taxpayers are never getting that money back. But how is Chrysler now paying off the rest of the $7.6 billion they owe the Treasury Department? The Obama administration’s bailout agreement with Fiat gave the Italian car company a “Incremental Call Option” that allows it to buy up to 16% of Chrysler stock at a reduced price. But in...

Obama’s latest attempt to shove the government takeover of healthcare down the throats of the American people, regardless of consequences, has taken yet another insane turn. On Monday, March 15, in his Health Care Reform address in Strongsville, Ohio, President Obama claimed that ObamaCare will reduce health insurance premiums by as much as “3,000 percent.” The words lie and impossible are insufficient to describe the outright idiocy and ridiculousness of such a preposterous assertion. Unhappy with just spreading fear and misinformation about America’s healthcare system, scaring voters, trashing insurance companies, defaming conservative opponents, avoiding a fair and balanced debate of...

have been pondering the many articles, pieces and items running amok on the Internet — that Al Gore didn’t invent — about who the conservative leader of the conservative movement really is. Clearly there is in fact a vacuum of a true conservative leader such as ex-democrat Ronald Wilson Reagan. The dichotomy of Reagan is truly unique, and if it escapes your powers of reasoning and recognizing nuance, I cannot assist you. You are on your own. There are two articles located at Hot Air that are interesting, if not something else. One article is entitled, David Frum Does Not...