“When my father was president, the Democrats promised him $3 in spending cuts for every dollar of new taxes,” said Reagan, a Republican strategist who is spokesman for The Reagan Nation and chairman and president of The Reagan Legacy Foundation.-Newsmax.com
Post Tagged with: "debt crisis"
Moody’s Credibility Sinks to Junk Status
“The fact that Moody’s can make such an asinine statement shows you the truth behind that organization. And that’s why Moody’s was putting triple-A ratings on mortgage-backed securities that went to ZERO. Because that’s about how much credibility Moody’s has in the ratings world…and that’s ZERO.” – Peter Schiff
Obama storms out of debt talks over ideological demand for tax increases
Time to wake up to the fact that this is the plan all along. Spend so much that he can force a tax increase. With Obama taxes are about ideology. To Obama taxes are for redistribution, punishment and “fairness” not revenue for the government.
The Sovereign Debt Crisis Is Never Going To End Until There Is A Major Global Financial Collapse
The combination of huge amounts of debt and huge amounts of leverage is incredibly toxic, and that is what we have all over the globe today. Almost every major nation is drowning in a sea of red ink and almost all of our major financial institutions are leveraged to the hilt.
Senate Minority Leader – Greece is where we’re headed
“The president and his allies in congress don’t seem to get it.” Senate Republican Leader Mitch McConnell made the following remarks on the Senate floor Tuesday regarding the President’s request for a debt ceiling increase.
Desperate Democrats jump the stimulus shark
[W]hen Democrats talk about “leadership,” what they really mean is more spending and tax increases?
America- A Greek Tragedy
The looting of America has a tremendously high price. No one will ever know what didn’t happen because of the growth of unlimited government.
No leadership on debt crisis from Obama – Rep. Paul Ryan
Rep. Paul Ryan talked about downgrades of the United States’ credit ratings, and why it is more imperative than ever to get spending under control. The House Budget Committee Chairman said he sees the issue of the debt ceiling as “an opportunity” because neither the president nor the Senate have been able to fix the budget thus far.
We’re not seeing leadership from the president
Rep. Paul Ryan discusses the debt crisis and Newt’s comments regarding the Ryan plan on Meet the Press. “We are leading in the House. …. People are hungry for solutions. … They are hungry for leadership.”
Our problems are “urgent, immediate, severe” – Sen. Coburn
Dr. Coburn told Larry Kudlow that “For us to continue to lie to the American people is untruthful.” .. “This shouldn’t be a Democrat Republican thing. Our problems are urgent, they’re immediate and they’re severe and lack of action is going to make the difficulty in solving them even greater.” – Dr. Coburn on why he left bipartisan spending cut negotiations known as “the gang of six”.