Obama’s Radicalism is Killing our Markets
By MICHAEL J. BOSKIN - from the Wall Street Journal It’s hard not to see the continued sell-off on Wall Street and the growing fear on Main Street as a product, at least in part, of the realization...
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Obama to Cut $100 Million from Federal Budget! Yahoo!
So, to you who claim that President Obama isn’t doing anything… well, now he says that his administration is going to come up with $100 MILLION DOLLARS in cuts from the Federal Budget in the next 90...
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Please Stop Bernanke’s Transparency – He’s Frightening the Children
Federal Reserve Chairman Ben Bernanke did something the media is describing as being unprecedented… he held a televised meeting at which he read some Fed-type talking points and answered some...
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You Owe The US Government $100,000 (And More Each Day)
Forget about the troubles with the your mortgage and your personal debt…it’s really just a side show to the $53 Trillion you and me and every American owe in the form of the US Government’s...
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Palin knocks it out of the park
Lady’s got chops. Few people in the public eye have said anything useful about the recent unpleasantness with the national debt and the national credit rating. The president hasn’t. The vice...
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Obama set to beat Bush debt-aggregation record …
… in one term. In 31 months of Barack Obama’s presidency, according to the Treasury and CBS News, the US has added $4 trillion to its national debt. That approaches the presidential record set by...
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Flashback: Obama calls adding $4 trillion to national debt “unpatriotic”
When all the wrong people do it, apparently. Yesterday, I wrote about the CBS News story showing that Barack Obama had added over $4 trillion to the national debt in less than three years, which puts...
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“Obama clock” a top iPhone app
Counting down the days of his presidency. High unemployment, high national debt, lousy housing numbers and high gas prices aside, it’s fun to watch the clock run out on Barack Obama’s first term as...
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White House refusing to negotiate on jobs plan
Dirty words. Remember way back when Barack Obama lamented the partisan divide and wished that Republicans and Democrats could work together on compromise? That was so long ago … around seven weeks...
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Obama to propose a “Buffett tax” while pushing jobs plan
A new AMT? Talk about your mixed messages! While Barack Obama goes on the campaign trail trying desperately to drum up support for a jobs plan that will cost $450 billion, the President will also...
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Mainstream media waking up to foreclosures being a big problem – And by big...
Includes the song, “They Are Both Clowns,” sung to the tune of, “Send in the Clowns.” Well, golly gee… will you look at what’s going on in the media these last few days. Apparently the foreclosures,...
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A day that will live in infamy: Paul Ryan on national debt passing $15 trillion
Congratulations, America! The word came down from Treasury earlier this afternoon. Think of all the terrible policies, myopic budgeting, and reckless leadership that had to come together for decades...
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Poll: 58% say Obama’s policies driving gas costs higher, 48% expect...
20-point plurality expect Supreme Court to overturn ObamaCare. While the national media focuses on polls from Reuters and Pew that use skewed samples to show Barack Obama’s approval rating going back...
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Quotes of the day
Blame. “The National Debt has now increased more during President Obama’s three years and two months in office than it did during 8 years of the George W. Bush presidency. “The Debt rose $4.899...
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Change: Obama’s addition to national debt now surpasses Bush
Three years vs eight. National debt? Eh … who’s counting? CBS’ Mark Knoller, for one, and by his calculation, Barack Obama has just passed a milestone — at lightning speed: The National Debt has now...
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German solution: Tax the young!
Kinderfeindlichkeit For those who like to cite Germany as some sort of model of fiscal probity and “getting it right” in terms of economic modeling, think again. Like many other nations — ours...
View ArticleDEBT LIMIT – A GUIDE TO AMERICAN FEDERAL DEBT MADE EASY (VIDEO)
A satirical short film taking a look at the national debt and how it applies to just one family. ~ 4closureFraud.org TweetRelated posts: Secretary Geithner Sends Debt Limit Letter to Congress and it’s...
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Video: The 2012 National Debt Road Trip
He’s got a fast car. For our liberal friends who never tire of claiming the nation’s fiscal problems were inherited from the prior administration, buckle up and enjoy this instructive clip from our...
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Say, whatever happened to “pay-go”?
Could this be a reason Senate Democrats won’t budget? Andrew Kaczynski of BuzzFeed unearths this gem from 2008, when Barack Obama thundered about the fiscal irresponsibility of George W. Bush over...
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Thou Shalt Not Steal…Unless You Have To
Rules and rulers Public policy question of the next decade: Is it okay to steal? Follow-up question: Would it be okay to steal a significant amount of money from a generation of people, or a smaller...
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Video: “Unpatriotic Debt”
Four years ago today …. Remember this blast from the past — in fact, from four years ago today? Then-Senator Barack Obama blasted George W. Bush for adding $4 trillion to the national debt and...
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Can the First Wives help their husbands win?
Popularity. It’s an honest question. I might at first be tempted to argue that, what with the horrible state of the economy, jobs, and the national debt, Americans have bigger fish to fry insofar as...
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Intellectual honesty on the national debt
Numbers. Senate Majority Leader Harry Reid (D-Nev.) recently decided — for the fourth* year in a row — not to pass a budget, meaning uncontrolled spending can continue apace. Federal spending will...
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Great news: The US fiscal gap just jumped $11 trillion … to $222 trillion
Real. Forget the trillion-dollar deficits for a moment. Forget today’s $15 trillion in national debt. The real fiscal disaster isn’t our present — it’s our future, and it just got significantly...
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Submit Paper on The Debt Crisis for the AALS by August 31
One more scholarly paper note….The AALS sections on Poverty Law and Clinical Legal Education will sponsor a joint program on January 5, 2013 at the AALS Annual Meeting, entitled The Debt Crisis and...
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Virginia back in the black for the third year running
It’s just how we do. Ah, Virginia — drink it in, it always goes down smooth. I’m never one to miss out on an opportunity to tout the virtues of my home state, especially while somewhat...
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Will debt hit $16 trillion as Romney delivers his acceptance speech?
Photo op. Later today, the Republican National Convention will unveil a potent visual reference for voters across the country. They will erect a national debt clock that constantly updates as the...
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It’s official: We are now $16 trillion in debt
Huzzah! Wait… what?! That. Just. Happened. There’s been a bit of waffling on when exactly it occurred between last Friday and Tuesday, but regardless, that ship has sailed. Total U.S. government debt...
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