Posts Tagged ‘debt’

That hopey changey thing, debt ceiling edition

January 18th, 2013 | No Comments

Once again, I can agree with President Obama on something: “The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from [...]

Scott Walker and November

June 6th, 2012 | No Comments

Scott Walker was a Tea Party favorite.  Scott Walker was also a Republican bucking the tidal wave that was the Obama tsunami of union backed and media endorsed candidates.   Although Wisconsin had a long history of electing Republican governors, the retiring governor of eight years was a Democrat.  Walker ran on Tea Party principles and [...]

Debt ceiling resolution market rally?

August 1st, 2011 | No Comments

Love an inopportune headline. The message is obvious. Due to the inferred agreement between the House and Senate, the debt ceiling has been raised, ending the speculation that the United States might default on its loans. Only problem is, the rally didn’t last, so the headline looks kinda stupid.  And, it was from the onset [...]

Don’t look now……

February 4th, 2010 | 1 Comment

But unemployment claims went up, again.  They were expected to drop to 460,000.  But, they came in at a revised 480,000.  That’s about 4% more than expected. Obama, sensing there might be some bad news, cheerfully told people to not watch the “echo chamber”.  That’s cable news to most of us. Then, the House Democrats [...]

Obama’s domestic non-security spending freeze

January 27th, 2010 | No Comments

In his budget for Fiscal Year 2011, to be presented on Monday, February 1, President Obama will propose a three-year hard freeze on non-security discretionary spending, to last from 2011 through 2013. This will save $250 billion over the next decade, senior administration officials told reporters. (The debt during that same period is projected to [...]

Let’s not spend TARP if no one needs it

December 11th, 2009 | No Comments

The Republicans are pushing a measure to end TARP and return unspent funds to lower, make that, not increase, the national debt. I am betting Nancy Pelosi will not allow this subversive effort to limit her ability to spend huge amounts of money to occur.  Any takers?

545 People

August 19th, 2009 | No Comments

I love Snopes.com.  No telling what you’ll find there.  Humor, movies, sports, paranormal, extra-terrestrial, politics, you name it, it’s there.  One of today’s stories involve an opinion piece written by Charley Reese in 1985. Politicians, as I have often said, are the only people in the world who create problems and then campaign against them. [...]