Has Obama already bankrupted America? The national debt is exploding by $4 BILLION DOLLARS A DAY! Obama called the 2008 $10 trillion debt “unpatriotic.” The he went on to balloon the debt over 60% to $16 TRILLION and rising. Can we afford four more years of economic suicide?
Post Tagged with: "congress"
Our Imperial President’s Disregard of the Law
There is no excuse for this continuous disregard of legislative authority and the Constitutionally-required separation of powers.
Illegal Aliens Get Billions in Federal Benefits
Department of Labor estimated $53.8 billion in unemployment benefits were paid to illegal aliens in 2002 and IRS paid $4.2 billion in refundable tax credits in 2010 to illegal aliens.
Government Borrows Thirty Cents of Every Dollar to Sustain Spending Levels
These deficits will eventually have to be paid for by future taxpayers. To steer clear of deficits, we must cut spending and reform entitlement programs.
Amtrak – The Cross-Country Union Jobs Program at Taxpayer Expense
A recent Capitol Hill hearing offered grounds for suspicion that the railroad’s 20,000 employees—who average $90,000 a year in pay and benefits—have cousins in high places. It came out in the hearing that Amtrak loses more than $80 million a year on food services. – City Journal
Obama’s redistribution in high gear as welfare payments hit high of over a trillion dollars
Record food stamps and now a record of “transfers” to welfare recipients. Can we afford four more years of economic suicide?
Another ‘Bama Boondoggle – Over Half of Foreclosures Now ‘Repeats’
It is that delaying the inevitable makes the problem worse. Had these borrowers finished the foreclosure process the first time around, housing prices would have adjusted quicker and the housing market would have also been on the road to recovery quicker.
Polite Pessimism Is Not Warranted
There is no escape from the box that we are in. Printing money does nothing to heal imbalance in economies. It, up to a point, covers up these imbalances while continuing to make them worse.
Abandoned GOP Senate Candidate Rebounds Over McCaskill – Rand Paul Helps
Rep. Todd Akin (R-Mo.) leads Sen. Claire McCaskill (D-Mo.) in his bid for the Senate by a slim margin, according to a new poll. – The Hill
Do We Still Believe in Freedom?
Capitalism makes the deposits and socialism wants to write the checks. As Churchill said “Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy, its inherent virtue is the equal sharing of misery.”