Posts Tagged ‘spending’

Germany thinks we need to save money

June 22nd, 2010 | 1 Comment

Right as Obama is gearing up for another round of stimulus funding, Germany’s Angela Merkel blindsided him some of the craziest advice Obama’s probably heard since the last Tea Party rally: “It’s urgently necessary for monetary stability that public budgets return to balance,” German Economy Minister Rainer Bruederle said at a press conference Monday, according [...]

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 [...]

The economy Obama inherited

January 26th, 2010 | 2 Comments

A full year into Obama‘s four year term, he’s still passing the buck: “Today’s report from C.B.O. confirms that the recession inherited from the Bush Administration continues to erode the budget’s bottom line,” said Representative John M. Spratt Jr., the Democrat of South Carolina who is chairman of the House Budget Committee. From the start [...]

The economy Obama inherited

August 25th, 2009 | No Comments

Over and over and over, President Obama has reminded us that he inherited this economic mess we’ve got now. “By any measure,” he said during a March 4 event calling for government-contracting reform, “my administration has inherited a fiscal disaster.” The two chief architects of his “fiscal disaster” would be the person who decides which [...]

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. [...]

Inheriting pork from the previous administration?

March 11th, 2009 | No Comments

“[Such bills] will not happen when the president has the full legislative and appropriations process in place,” Peter Orszag, director of the White House Office of Management and Budget, told CNN’s “State of the Union with John King.” He argued that the White House had little choice but to support the $410 billion omnibus spending [...]

Hoover Republicans?

March 10th, 2009 | No Comments

Newsbusters is having all kinds of fun with Rachel Maddow of MSNBC.  Here’s what Jack Coleman is having all kinds of fun with: Now, according to popular myth, and espoused whole-heartedly by Rachel Maddow, Hoover did nothing during the Great Depression.  He froze federal spending and simply watched The Great Depression dig the country deeper [...]

Tired arguments blocking economic rescue?

February 5th, 2009 | 1 Comment

This is getting confusing to me.  According to my math, the Democrats have a pretty comfortable majority in the Senate.  Currently they hold a 56-41 majority with two independents caucusing with the Dems as well.  That makes it 58-41.  Very possibly, another seat will be given to the Dems via the Minnesota courts.  In basketball, [...]

Pulling the wool over our eyes

February 5th, 2009 | No Comments

Representative Lynn Woolsey is in the same bed as Nancy Pelosi ( now is that a scary vision or what? ): Sift through their self-righteous attacks on the Senate floor and the bluster of their talking heads on FOX News, and there’s an important aspect of the debate over the recovery package that the Republicans [...]