The American people need to be shocked out of their entertainment-induced stupor long enough to understand what is really going on and what needs to be done to solve our nightmarish economic problems. If we do not wake up enough Americans in time, the economic collapse that is coming could tear this nation to shreds.
Post Tagged with: "budget"
Holders of the U.S. Public Debt
Today, nearly half of the United States’ debt held by the public is held by foreign investors.
Hyperbole or prophecy? Mainstreamers predict economic meltdown
Economist Walter Williams, former presidential candidate Steve Forbes, New York Gov. George Pataki, and Rep. Paul Ryan among others have expressed the dire consequences of continued spending and spiraling debt.
Debt ceiling debate dance – talk is cheap
Judge Napolitano separates the facts from the fiction in the debate over raising the debt-ceiling and cutting spending.
Democrats “denial of reality on fiscal issues”
Bill Bennett interviews plain talking Sen. Marco Rubio on the radio.
National yard sale to fund the government?
Robert Murphy, of the Mises Institute, explains why the debt ceiling and default are separate issues and how government can pay its debts without stealing your money.
Boehner says ‘trillions’ in cuts loom on debt vote
Will they have the backbone to make it happen? Don’t count on it. – “We should be talking about cuts of trillions, not just billions,” Boehner said.
Proposition Twenty – an intervention for debtaholics
With Proposition 20 in effect, Congress would be faced with the choice of reducing federal expenditures without raising and spending more tax revenues; else selling off federal assets, another salutary result; or persuading the Fed to increase the value of the dollar.
Tea Party power gone Juan?
Juan Williams says the Tea Party no longer has power to sway the GOP and that is good news for America.
Hypocrite Harry Reid quoted three presidents in opposing raising the debt ceiling
Senate Majority Leader Harry Reid (D-Nev.) quoted Thomas Jefferson saying, “I place economy among the first and most important government virtues and public debt as the greatest of the dangers to be feared,” when voting against raising the debt ceiling in 2006.