House Passes Bill to Overhaul the Fed

A bill aimed at overhauling how the nation’s central banking system operates passed on a largely party-line vote of 241-185. Under the legislation, the Federal Reserve would be subject to a one-time audit from the Government Accountability Office.

But the central bank maintains that opening up its deliberations to public scrutiny would politicize its decision-making process. A similar bill passed in 2012 but failed to go anywhere.

Money Saving Maneuvers

We were watching the government when it flush 200-million on a bridge never built and another 300-million on a bad website. Now we get to listen to how ‘wrong’ it is that a U.S. company wants to bail and move overseas.

One of the biggest business stories in the country is the 160 billion dollar merger of U.S. pharmaceutical company Pfizer with Allergan which would move the company’s headquarters to Ireland. That can cut the company’s tax bill by 100-million dollars a year.

The lesson from this is that U.S. taxes are too high.

White Student Unions

At least 30 social media profiles of so-called “White Student Unions” have been set up in the last week, in response to nationwide student protests demanding action to address campus racism. The pages claim to represent students at universities like Stanford, New York University and UC Berkeley, as well as at the University of Missouri, where protests inspired “Black Lives Matter” protests on campuses elsewhere.

Welcome to the America that Barack Obama wants us to be.

UPDATE: The Mysterious Winchester of Nevada

Remember the 133-year-old Winchester rifle found under a tree in Nevada’s Great Basin National Park in November 2014? The folks at the Buffalo Bill Center of the West’s Cody Firearms Museum in Cody, Wyoming have given it the once-over and are sharing some of their findings

The butt of the old Winchester was buried in 4 or 5 inches of dirt and debris from the tree, completely obscuring its metal butt plate and the lower portion of its stock. The gun was uncocked, its chamber and magazine empty, its metal rusted.

The rifle sat there, leaning against a juniper tree on a remote outcrop, since at least 1930, but it could have been left as far back as 1900.

An X-ray of the rifle discovered a cartridge tucked inside its stock where the cleaning rod is normally kept. The .44-40 caliber bullet in the rifle was removed and traced back to its long-gone manufacturer: Connecticut-based Union Metallic Cartridge Co.

The cartridge was made sometime between 1889 and 1911, before the Union Metallic Cartridge Co. merged with Remington in 1912.

The rifle was manufactured in February 1882 and shipped from Winchester’s factory in New Haven, Connecticut in June 1882. But the Winchester records did not reveal where the gun was shipped or what happened to it after that.

My Cousin Elmo says, “Former boxer Mike Tyson is about to become immortalized as one of Madame Tussauds’ wax figures. No word on whether it comes with Evander Holyfield’s right ear.”

Obama Claims He Was Misled

Obama administration intelligence officials were instructed via email to “cut it out” and to “toe the line” when sending reports about Daesh’s true strength. And now that that email has surfaced, President Obama is passing the buck and looking for a scapegoat to blame:

“One of the things I insisted on the day I walked into the Oval Office was that I don’t want intelligence shaded by politics. I don’t want it shaded by the desire to tell a feel-good story. I believe that the Department of Defense and all those who head up our intelligence agencies understand that, and that I have made it repeatedly clear to all my top national security advisors that I never want them to hold back, even if the intelligence or their opinions about the intelligence, their analysis or interpretations of the data contradict current policy,” Obama said at a presser in Malaysia.

House intelligence committee Chairman Devin Nunes, R-Calif., said that his committee was also in on the probe: “We heard from a lot of whistle-blowers and other informants who have given us information. And not just…related strictly to the latest allegations.”

The DNC is Broke and in Debt

The Democratic National Committee (DNC) is financially insolvent heading into the 2016 election year. Federal Election Commission records reveal the DNC reported a nearly million-dollar debt, marking the fourth month in a row that the DNC spent more money than it took in.

The DNC raised $4,456,789 in the month of October, according to its most recent filing. But the committee spent $5,254,928, for a net loss of $798,139.

That’s not quite as bad as September, when the party took in $4,296,011 but spent $5,504,823 for a net loss of more than $1.2 million. The DNC has only $4,703,185 in cash on hand against a $6,921,661 debt.

Dancing In the Streets

The press has been doing its level best to prove Donald Trump lied about seeing people celebrating the downing of the World Trade Center on 9/11/2001. Well, it may prove once again to be a journalistic witch hunt as a Washington Post newspaper article dated September 18, 2001 states:

“In Jersey City, within hours of two jetliners’ plowing into the World Trade Center, law enforcement authorities detained and questioned a number of people who were allegedly seen celebrating the attacks and holding tailgate-style parties on rooftops while they watched the devastation on the other side of the river.”

This seems to prove Trump right and the Progressive media and their overlords, the Democrats wrong.

Talking Gun Control Over Thanksgiving Dinner

This Thanksgiving, the Obama administration wants Americans to talk about why Congress won’t pass more gun control — but not about Obama’s foreign policy failures.

“As people sitting around the Thanksgiving table talking about these issues as they should and I’m sure they will all across the country, I hope that’s a question that will be raised and asked by members around the table,” Press Secretary Josh Earnest said, referring to a bill supported by Democrat to ban people on the no-fly list from purchasing a gun.