Originally at FoxNews.com

Sarah Palin has President Obama in her sights, telling FoxNews.com she “would be willing” to challenge him in the 2012 presidential race.

The former Alaska governor, in an interview Saturday on the sidelines of the National Tea Party Convention in Nashville, said President Obama’s “lack of experience” has held him back his first year in office and that she would put her credentials up against his any day.

“I would be willing to if I believe that it’s right for the country,” Palin said when asked if she would run for president in 2012.

She qualified the statement, adding that she sees “many” other potential candidates who are “in as strong or stronger position than I am to take on the White House and if they’re in a better position than I in three years, I’ll support them.”

But the former GOP vice presidential nominee told “Fox News Sunday”: “I won’t close the door that…(read more)

From FoxNews.com

The House of Representatives Thursday voted to raise the debt limit by $1.9 trillion. That vote raises the debt ceiling to $14.3 trillion, a new high for the amount of debt the U.S. has ever carried.

As recently as 2001, the U.S. debt was only at $5.7 trillion. But exploded throughout the past decade after Sept. 11, 2001, amid record spending by the Bush and Obama administrations.

If Congress doesn’t hike the debt ceiling, the U.S. would be unable make good on Social Security and Medicare payments.

The Senate approved the debt limit increase in mid-January on a 60-40 party-line vote.

The House vote was a close one, 217-212. All Republicans and more than 30 Democrats voted against raising the debt ceiling…(read more)

Kevin Price, Host of the Price of Business on CNN Radio stated “these 217 people have some explaining to do in November 2010.”  Tune in to the Price of Business, M-F at 11 AM on CNN650.com.

Political pundit and news commentator Tucker Carlson has developed an interesting new website called The Daily Caller and it may be worth checking out.  Carlson, and his colleague Neil Patel, have put together an attractive website that reminds me, to a certain extant, to The Daily Beast, which is mainly a liberal mouth piece.  The Daily Caller promises not to be an ideologically driven site, but a source for news breaking information.  It will have opinion, but it will include the left and right.  Check it out at DailyCaller.com.

Kevin Price, Host of the Price of Business, loves it when Cody Willard visits the program.  Today, Willard, the popular co-host of the popular Happy Hour program on Fox Business, was in excellent form.  Willard is smart and independent in his thinking and is loved by the Price of Business audience.  Learn more about Cody by visiting here.  While there, make sure you visit his latest blog posts. 

This article originally appeared in NewsonNews.net:

January 27, 2010

With the exception of two live programmes, one at 4am ET, and the other at 9pm ET, CNBC’s schedule for Presidents’ Day on Monday 15th February is filled with documentary and biography repeats.  This despite the European markets being open, and programming being available from the European version of CNBC, will provide Fox Business with yet another opportunity to embarrass the leading business network, by broadcasting live programming. 

Fox Business have previous in this…(read more)

John Stossel of the Fox Business Network and a recent guest on the Price of Business (M-F, 11 AM on CNN Radio) was just on “The View” this morning speaking about his view on Obama’s bank tax announcement from last week.  Furthermore, he provides his thoughtful opinion on the bailout.  You can clearly see why he is one of the brightest broadcast journalists today.  Check out the interview here.

Editor’s Note: For those trying to underestimate the change in the political winds that we witnessed in New Jersey and Virginia, keep an eye on what is going on with local politics around the country.  The following is from the Houston Chronicle and discusses a major event that happened in East Texas.

Seven Democratic Hardin County elected officials announced Wednesday they will become Republicans.

Sheriff Ed Cain, who confirmed his switch earlier this week, was joined at Wednesday’s formal announcement by County Judge Billy Caraway, Precinct 4 Commissioner Bobby Franklin, County Attorney Rebecca Walton, Precinct 5 Constable Wayne McDaniel, Precinct 4 Justice of the Peace Kent Walker and Precinct 5 Justice of the Peace Butch Cummings.

No longer Democrats

As each of the officials spoke, they repeated the same theme — their beliefs and values have stayed the same, but are no longer reflected by the Democratic Party. In addition, several said that when they first ran for office, they knew they would not be elected if they didn’t run as a Democrat.

Cain described himself as “center-to-right” politically speaking, adding: “That…(read more)

From CNNMoney.com:

CIT Group Inc., one of the nation’s leading funders of small and medium-sized businesses, filed for the fifth largest bankruptcy by assets in U.S. history Sunday as part of a reorganization plan that has the support of an overwhelming majority of debtholders.

In a statement, the company said it is asking the U.S. Bankruptcy Court for the Southern District of New York for a quick approval of the prepackaged plan. CIT said none of its operating subsidiaries would be affected by the filing, allowing them to continue operations.

“The decision to proceed with our plan of reorganization will allow CIT to continue to provide funding to our small business and middle market customers, two sectors that remain vitally important to the U.S. economy,” said…(read more)

From the Wall Street Journal:

WASHINGTON — House Democrats preparing to unveil legislation to overhaul the health-care system signaled Wednesday that they would include a more conservative version of a government-run insurance plan that would negotiate payment rates with hospitals and doctors.

House Speaker Nancy Pelosi (D., Calif.) has said for weeks that the House bill would include a government-administered “public option” to compete with private insurers. Liberals want its payments to be tied to Medicare rates, which they argue would keep costs down.

But centrist Democrats say Medicare’s payments are too low, falling far short of the actual costs to hospitals and doctors of caring for patients. Democratic leaders have concluded they don’t have the 218 votes needed to pass a bill tied to Medicare rates.

“After a series of discussions over the last couple of days, we’ve come to realize it’s very tough to get to that point,” said Rep. George…(read more)

Kevin Price interviews:

• Gene Garcia of Garan Commercial Real Estate
• William Scott, Financial Advisor, Scott and Associates
• Cody Willard of Fox Business