Meghan McCain Takes Dig At Breitbart On Al Sharpton, Claims GOP Treats Her Like A ‘Mutant’ video » 80 comments Meghan McCain is certain the reason many people in the Republican Party lack respect for her is that she is a moderate Republican. “I’m a proud moderate Republican, but moderate in the current Republican party is a dirty word,” she told Al Sharpton today, asserting that this was a “scary time” politically for her, and she could not “understand the popularity of Michelle Malkin and Andrew Breitbart.” RELATED: Meghan McCain Asks If President Will Introduce Gay Marriage Bill, Twitter Conservatives Attack “Many people in the Republican party treat me like I’m a freak,” McCain told Sharpton, noting that she was “blessed” to be a moderate ... Continue reading →

Henry Kravis (L) and James D. Robinson III, Co-Founders of the private equity firm Kohlberg Kravis Roberts & Co. (KKR), attend the Allen & Company Sun Valley Conference on July 6, 2011 in Sun Valley, Idaho. The conference has been hosted annually by the investment firm Allen & Company each July since 1983. The conference is typically attended by many of the world's most powerful media executives. (Photo by Scott Olson/Getty Images) President Obama has promised to run against the private equity industry in which Mitt Romney made his millions. But Obama, amid all his talk of "reform" and battling the special interests, has done virtually nothing to check the supposed excesses of that industry. "This is not a distraction," Obama said of his campaign's ... Continue reading →

The real federal deficit is much worse than what’s being reported, according to a new report from USA TODAY. “The typical American household would have paid nearly all of its income in taxes last year to balance the budget if the government used standard accounting rules to compute the deficit,” Dennis Cauchon writes for USA TODAY. That is, if the federal government operated under GAAP (Generally Accepted Accounting Principles) and the accounting rules legally required of major businesses, government debt is about $42,054 per household, which is almost four times the “official” number being reported by Washington. Considering that the median income for the average U.S. household is about $49,000, we’d say that the “real” deficit numbers are pretty scary. But why are the numbers ... Continue reading →

Perhaps French President Sarkozy was just the first to go, and the remaining two corners of northern Europe's austerity triangle -- Germany's Merkel and the UK's Cameron -- could soon follow.British Prime Minister David Cameron walks past German Chancellor Angela Merkel. (Reuters) Austerity seems to doing worse than ever in European politics, and the leaders who championed it are slipping down public opinion polls. German chancellor Angela Merkel, the top austerity figurehead, remains personally popular, but the blame-Germany/blame-Merkel trend has been gaining momentum across Europe for months. Nicolas Sarkozy lost the French presidency to Francois Hollande, who campaigned in part on reordering the French-German relationship to involve more resistance to Germany's austerity leadership. Now, northern Europe's scapegoating championship (Greece and Italy retaliated against their leaders ... Continue reading →

WASHINGTON (AP) — President Barack Obama's campaign says Republican rival Mitt Romney is trying to "move the goal posts" and reverse his position on unemployment. Actually, that's a fumble of the facts.In an interview with Time magazine, Romney predicts the nation's unemployment rate will sink to 6 percent from the current rate of 8.1 percent if he wins the White House and implements his economic policies.Obama spokesman Ben LaBolt told reporters Wednesday that Romney is reversing course from a 4 percent number he mentioned during May remarks — trying to cast Romney as a politician who readily changes positions."Romney moved the goal post in just a matter of weeks. He said that he was going to get it to 4 percent several weeks ago," LaBolt ... Continue reading →