Amidst the hullabaloo over Obamacare, the contempt charges against Attorney General Holder, staggering news came out of the northern California city of Stockton which became the largest city to file for bankruptcy in U.S. history on Thursday. After years of […] ↓ Read the rest of this entry…
Obama: I Have no Plan, but His is Worse In a much touted speech on the economy in Cleveland today, President Obama did what he does best: blame Bush and the Congress. Rather than offer up any new ideas, the man […] ↓ Read the rest of this entry…
The Congressional Budget Office (CBO) issued a report today stating that if the tax cuts signed into law by President George W. Bush are extended and the current spending spree continues, the federal debut could grow to more than double […] ↓ Read the rest of this entry…
With the government driving the country past the $15.6 trillion dollar debt mark, the obvious question is whether our leaders have the wherewithal to make the tough decisions necessary to cut spending to a level that returns sensibility to the […] ↓ Read the rest of this entry…
In sports there are a number of “perfect” performances; the illustrious “no hitter” in Baseball; the perfect undefeated season in Football; Wilt Chamberlain’s 100-point game in Basketball; a perfect 10 in Olympic gymnastics. In politics, there is no such thing […] ↓ Read the rest of this entry…
Same old Obama smoke-and-mirrors If there was ever any doubt as to the key issue in the next election, Mr. Obama’s new budget, released today, highlights where the two sides stand. Obama’s $3.8 trillion budget for 2013 takes the tax-and-spend […] ↓ Read the rest of this entry…
Debt Ceiling Round 3 Just 5 short months from the debt ceiling debacle of 2011, the Obama administration is preparing to ask Congress to raise the debt ceiling by another $1.2 trillion later this week. Since the gamesmanship of last August […] ↓ Read the rest of this entry…
Tea Party be damned! The Democrats and Republicans will spend with abandon this Holiday season to avoid being labeled uncaring. The House and Senate are set to spend approximately $120 billion to extend the payroll tax “holiday,” plus up to $50 […] ↓ Read the rest of this entry…
When the news broke today that President Barack Obama was pushing the European Union (EU) leaders to hasten their actions to address the euro-zone debt crisis you could almost hear the European snickers all the way over here. Who are […] ↓ Read the rest of this entry…
So what do you do if you’re the governor of a state so deep in debt that it surpasses the debt of 32 countries, with unfunded mandates in the billions of dollars? Do you address the weak economy or the […] ↓ Read the rest of this entry…