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CPAC 2010 Keynote Speaker, radio and television talk show personality Glenn Beck

Former Speaker of the United States House of Representatives Newt Gingrich

Best-selling conservative author, legal correspondent for Human Events, columnist and political commentator Ann Coulter.

Congressman Ron Paul from Texas

Congressman Mike Pence from Indiana

Speaker of the Florida House of Representatives and candidate for U.S. Senate Marco Rubio

Governor Bob McDonnell of Virginia

Former U.S. Ambassador to the United Nations John Bolton

When asked why, Doherty had this to say: “there are better targets to go after. Democrats, for instance.”

For the full text, click HERE

Peter Schiff

Schiff points out the noted “crowd out effect” that you may have learned about if you’ve taken a macroecon course.

Basically, there is only a limited amount of money that people in an economy are putting out to lend (just like there are only so many houses or cars on sale). The more the government runs a deficit, and has to borrow, the less lendable money there is to go around for everyone else.

Essentially, the government “crowds out” private interests who could have used that borrowed money to start up new businesses, expand their production, create jobs (ahem)… etc. Check it out:

The more money government spends, the more resources it drains from the private sector. The fiscal 2011 budget proposed by President Obama contains $3.8 trillion in federal spending… The proposed fiscal 2011 federal budget contains “only” 2.4 trillion of taxes.

The remaining 1.4 trillion of spending is borrowed (incredibly, for every dollar the government collects in taxes, it now spends almost $1.60). I would argue that a dollar borrowed kills more jobs than a dollar taxed. Therefore, cutting taxes and borrowing the shortfall kills more jobs then it creates. This is true because jobs require capital and government borrowing more directly crowds out private capital investment than taxes do.

Anyway, on to more important things:

• CPAC! Yall will be leaving around 6P on Wednesday 2/17. Please check CPAC’s website for a full list of speakers. If you have any questions please contact Gary or Brenden.
• T-Shirts! We should be getting them by the end of the month. Cost is $12. Bring your money or give it to an e-board member to get your shirt! Yay!
• Next Week: NO MEETING! Instead on Wednesday 2/10 we will be having a debate with the other political clubs on campus. The debate will be about education in the U.S. and Matt Gilson will be representing us since he’s running for Board of Education. Duffy Grad Lounge @ 8:30P!

Well Vincent Markowski didn’t know he was a registered Democrat until Bob Yudin told him.  That’s right.  Markowski filed paperwork with the BCRO to seek the party endorsement for Bergen Sheriff only to receive a call from Chairman Yudin informing him that he is a registered Democrat!

You, Mr. Markowski, get the LOL of the day.

Full story HERE

Having solved all the nation’s serious problems, The One™ has decided to take on Real Injustice!

Obama Takes on the BCS

I am sure that Clinton re-tread Holder will handle this with the same deft touch he used with the FLAN, Mark Rich, and more recently the black panthers, Gtmo, KSM, the Underpants Bomber,  etc.

BTW – from Powerline (after the jump)….

This bonehead is making a mess of things because he doesn’t have anyone with real world experience:

And he says:  “I am not an ideologue.”