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    "That some should be rich, shows that others may become rich, and, hence, is just encouragement to industry and enterprise."

    -- President Abraham Lincoln - 1864


    "The supply-side claim is not a claim. It is empirically true and historically convincing that with lower rates of taxation on labor and capital, the factors of production, you'll get a bigger economy."

    -- U.S. Rep. Jack Kemp



  • Special Election – Jan 12, 2010

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    In a fight between Jim Webb and Ollie North, who would win? Oh, that's right, we already know the answer to that question.



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  • Poll Accuracy Based Results

    Election 2009 actual results: Bob McDonnell 58.6 percent for a 17.4 percent margin of victory. Virtucon rankings are based upon total amount the two numbers deviate from the actual numbers.

    1. Survey USA (10/30-11/1) – 58% / 18% (deviation 1.2%)

    2. VCU (10/21-25) – 54% / 18% (deviation 5.2%)

    3. (TIE) PPP (10/31-11/1) – 56% / 14% (deviation 6%)

    3. (TIE) Roanoke College (10/21-27) – 53% / 17% (deviation 6%)

    5. Suffolk Univ. (10/26-28) – 54% / 14% (deviation 8%)

    6. Rasmussen (10/27) – 54% / 13% (deviation 9%)

    7. Washington Post (10/22-25) – 55% / 11% (deviation 10%)

    8. Times Dispatch / Mason Dixon (10/28-29) – 53% / 12% (deviation 11%)

    9. Daily Kos / Research 2000 (10/26-28) – 54% / 10% (deviation 12%)

    10. Virginia Pilot / CNU (10/8-13) – 45% / 14% (deviation 17%)

    11. Clarus (10/18-19) – 49% / 8% (deviation 19%)


    Next time you see a poll, judge it by its past performance. Here is how they rank in terms of accuracy based upon the 2008 presidential election:

    1T. Rasmussen (11/1-3)**

    1T. Pew (10/29-11/1)**

    3. YouGov/Polimetrix (10/18-11/1)

    4. Harris Interactive (10/20-27)

    5. GWU (Lake/Tarrance) (11/2-3)*

    6T. Diageo/Hotline (10/31-11/2)*

    6T. ARG (10/25-27)*

    8T. CNN (10/30-11/1)

    8T. Ipsos/McClatchy (10/30-11/1)

    10. DailyKos.com (D)/Research 2000 (11/1-3)

    ----------------

    (If you're below DailyKos, you don't deserve to be taken seriously for another four years. Better luck in 2012.)

    11. AP/Yahoo/KN (10/17-27)

    12. Democracy Corps (D) (10/30-11/2)

    13. FOX (11/1-2)

    14. Economist/YouGov (10/25-27)

    15. IBD/TIPP (11/1-3)

    16. NBC/WSJ (11/1-2)

    17. ABC/Post (10/30-11/2)

    18. Marist College (11/3)

    19. CBS (10/31-11/2)

    20. Gallup (10/31-11/2)

    21. Reuters/ C-SPAN/ Zogby (10/31-11/3)

    22. CBS/Times (10/25-29)

    23. Newsweak (10/22-23)

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Forsan Et Haec Olim Meminisse Juvabit

“A joy it will be one day, perhaps, to remember even this.”
This beautiful passage taken from book I, line 203 of Vergil’s Aeneid has been running through my mind for the past several months.  We find Aeneas trying to console what’s left of his troops as they lay shipwrecked on the shores of Carthage.  I [...]

Perhaps I Spoke Too Soon…

Just yesterday I pointed out that all economic indications are that this is the worst economy since 1982, NOT the Great Depression (at least not yet.)  Well, that was BEFORE the stock market closed yesterday and we had the results of the market’s reaction to The Teleprompted One’s first full month in office.
So, how did [...]

New Obama Budget Threatens Charities and Affordable Education

The Teleprompted One’s first budget exhibits the economic naiveté that many of us feared it would, containing more well-intentioned liberalism that will only have the reverse impact and ultimately make things worse.
First up, this gem:
Still, the charitable giving deduction reduction, which would limit deductions for couples making $250,000 or individuals making $200,000, provoked the most [...]

PWC Supervisors Move To Reduce Tax Bills for Homeowners

This just in from PWC Chairman Corey Stewart:

The Prince William Board of County Supervisors will vote this Tuesday March 3 on advertising a property tax rate.   I am proposing a rate that will reduce tax bills for homeowners by an average of $548.00 (a 16 % reduction).   I want to thank Supervisors Maureen Caddigan (Dumfries), [...]

This is the worst economy since… 1982?

Huh?
The faster downhill slide in the final quarter of last year came as the financial crisis — the worst since the 1930s — intensified.
. . .
But the new GDP figure — like the old one — marked the weakest quarterly showing since an annualized drop of 6.4 percent in the first quarter of 1982, when [...]

Field Report from the White House

This morning, my daughter’s kindergarten class went on a field trip to the White House (kudos to Congressman Rob Wittman and his staffer Tom Crosson for making it happen.)  As our group exited the White House onto Pennsylvania Ave., there was a group of people protesting Obama not closing Gitmo already. They were dressed in orange jumpsuits [...]

Yes, this is a real 9-1-1 Call

If you listen closely, you can hear the newscaster snort.

Obama Speaks. Market Tanks Again.

Just keep your mouth shut already…
Weighing on the market was disappointment that a major speech by U.S. President Barack Obama shed little new light on how he planned to stabilize the economy. Additionally, gloomy data pointed to more housing weakness.

VP Biden – “Do You Know The Website Number?”

VP Dunkin’ Donuts Joe has just proven himself to be as tech savvy as former U.S. Sen. Ted Stevens with regard to the Internet.
When asked on CBS to give out the web address for the public to track where all the stimulus money is going, he befuddledly asks, “Do You Know The Website Number?”
Huh?
Yes, this [...]

Saint Obama Will Save Us All…

Just look at St. Obama’s nifty halo.  How can he not save us all?

 CHANGE YOU CAN BELIEVE IN…

Cantor Gets GOP’s Mojo Back. Yeah, Baby!

From TIME magazine:
Eric Cantor: Giving the GOP Back Its Mojo

YEAH, BABY!!!

Consumer Confidence Crashes In Obama’s First Full Month At The Economic Helm

From Bloomberg:
Confidence among U.S. consumers plunged to a record low in February, signaling spending will slump further as unemployment soars.
The Conference Board’s index declined more than forecast to 25 this month, the lowest level since data began in 1967, from a January reading of 37.4, the New York-based research group said today.
So, the first full [...]

Marc Fisher Gets Twisted Into Knots Over Bob McDonnell

D.J. McGuire over at RWL asks a great question about yesterday’s Marc Fisher column in the WashPo about GOP Gov. nominee Bob McDonnell.
So, what about the rest of Fisher’s piece?  Well…
For an article about Virginia’s until recent Attorney General, there was nothing about any of his multiple accomplishments while in that office — one of [...]

Barack Who’sTheSame Obama

Meet the new boss. Same as the old boss.

With the exception of the boneheaded ideas to raise taxes on job creators during an economic downturn and cut military funding during a dangerous time, we’re seeing remarkable continuity of bad policies between 43 and 44.

Obama’s Plan for America – Less Prosperous, Less Secure

According to The Teleprompted One’s aides, this is his plan to reduce the size of the budget:
President Obama announced today that he will reduce the size of the federal budget, cutting $513 billion in his first term by increasing taxes on individuals and business who make over $250,000 and by slashing spending on the wars [...]