A fiscal collapse is now inevitable. Despite his past rhetoric about irresponsible debt, Obama has no plan nor even the desire to curb spending and reduce debt. The debt death spiral is only a few years away from consuming all revenues the government takes in. Taxing everyone 100% will not solve the problem. Obama does not even recognize that there is a spending problem. His Marxist ideology blinds him to reality. Math is too hard for him. Meanwhile we are being crushed between the millstones of taxation and inflation.
Post Tagged with: "Pelosi"
June 13, 2012 04:40
Obama’s real spending record
Obama proceeded to pass his own $830 billion stimulus, auto bailouts, mortgage relief plans, the Dodd-Frank financial reforms and the $1.7 trillion ObamaCare entitlement… While spending did come down in 2010, it wasn’t the result of spending cuts but rather because TARP loans began to be repaid, and that cash was counted against spending. – Wall Street Journal
April 26, 2012 04:36
Is Government Running Away From Us or Is It Just The Politicians Running?
That era (Pelosi,etc.) was a nightmare of logistics with even some Democrats leaving their posts in places like Milwaukee and travelling to other states so as not to be available for the Republican Governor to send the state police to their homes to round them up and make them come back to the jobs that the taxpayers were paying them to do.
December 6, 2011 08:22
Gingrich Scolds Pelosi for Suggesting She’d Air Ethics Charges
“I want to thank Speaker Pelosi for what I regard as an early Christmas gift,” said Gingrich, taking questions from reporters in New York after meeting yesterday with real estate developer Donald Trump. “It tells you how capriciously political that committee was that she was on it. It tells you how tainted the outcome was that she was on it.” – Bloomberg
November 15, 2011 17:02
BEYOND INSIDER TRADING: Here’s How Members Of Congress Get Rich Off Earmarks
Like Congress’s questionable trading practices, mixing real estate investments with taxpayer money is technically legal. Actually, it’s pretty easy for members of Congress to get rich off of federal projects — land deals are more difficult to detect than trades, and land, unlike stocks, doesn’t have a set price.
November 10, 2011 20:14
12 Mind-Blowing Facts About The U.S. Congress and Their Money
Congressional races are mostly financed by wealthy people, most of the people that we elect to Congress are very wealthy, and they rapidly get wealthier after they are elected. All of this money has turned our republic into something far different than our founding fathers intended.
October 18, 2011 05:16
To live or die ‘on the floor’
House Minority Leader Nancy Pelosi sometimes sounds as if she has cast aside any attachment to reality. – Washington Examiner
October 17, 2011 06:58
Communist Party, Nazi Party, Ayatollah Khamenei, Hugo Chavez, Obama, Pelosi in Solidarity with Occupiers
Socialist dictator Hugo Chavez and Iran’s anti-American theocrat Ayatollah Khomeini join with Obama, Pelosi and many other Marxists in the US government in supporting the #OWS protests along with the communists and former White House staffer and revolutionary communist Van Jones. Is something wrong with this picture?
October 3, 2011 07:50
Solargate Opens Wide – now Pelosi benefits
Corruption: It turns out a recent recipient of the administration’s largesse is from the House of Pelosi. The green energy scandal keeps picking up speed. – IBD Editorials
July 29, 2011 05:14
Red Chinese and Pelosi agree on debt policy
After increasing the debt by over 60% in six years Pelosi agrees with the Communist Chinese that to stop more borrowed spending is “dangerous” and ” irresponsible.” “Republicans have taken us to the brink of economic chaos,” House Democratic Leader Nancy Pelosi said. China’s state-run news agency Xinhua criticized U.S. lawmakers for flirting with a disastrous default, saying the world’s largest economy has been “kidnapped” by “dangerously irresponsible” politics.
