Some Perspective on the Debt Ceiling (Video)

As we begin to hear about how terrible the republicans are due to their concern about the debt ceiling, I thought some perspective may be in order. Of course, both parties use this method to criticize the other, so this isn't just a democrat problem. However, when using the arguments presented, BOTH parties are correct: [...]

By |2013-10-08T18:01:53-04:00October 8th, 2013|Economy, Featured Categories, Media, Video|0 Comments

Going! GOING! GOOOOOONE!

That’s the sound of the federal debt rising under then-Sen. George Allen.  During his six years in office, the federal debt went from $5.72 BILLION to $8.68 BILLION.  Almost THREE TRILLION DOLLARS.  And so, in Nov. 2006, guess where Allen was?  GOOOOOONE!  Voted out of office.  And that’s where he should stay.   Every single [...]

By |2012-05-09T18:45:03-04:00May 9th, 2012|Elections, Featured Categories, Politics|0 Comments

S&P Downgrades U.S. Sovereign Debt

From Bloomberg: S&P Cuts U.S. Rating for First Time on Deficit Reduction Pact The U.S. had its AAA credit rating downgraded for the first time by Standard & Poor’s, which slammed the nation’s political process and said lawmakers failed to cut spending enough to reduce record deficits. “The downgrade reflects our opinion that the fiscal [...]

By |2011-08-06T09:44:27-04:00August 6th, 2011|Economy|0 Comments

I Don’t Care What The Polls Show

This isn't a democracy. Government by polls = democracy. Democracy = two wolves and one sheep voting on what to have for dinner. ===> Democracy = Where’s my free stuff? Yet, any understanding of the simple math of how a productive free market economy actually works, which is no longer taught in government schools (hmmm, [...]

By |2011-07-23T21:55:24-04:00July 23rd, 2011|Government|0 Comments

Credit Rating Agency Downgrades U.S. Debt

Props to Zerohedge (the best English-language financial news aggregation service in existence anywhere) for the heads up. ...the major factor driving credit quality is the relatively high level of debt and the difficulty in significantly cutting spending. We are taking a negative action not based on the delay in raising the debt ceiling but rather [...]

By |2011-07-18T19:02:44-04:00July 18th, 2011|Economy, Media, Video|0 Comments

Debt Limit Debate: What’s Really Going On?

Watching TV while eating lunch today inspired this rant. Relevant ideas for your consideration: The budget "cuts" are compounded over ten years, but the debt ceiling raise is just until it gets used up again. So when they talk about "$2 Trillion in cuts and $2 Trillion in debt ceiling increase" what they mean is [...]

By |2011-07-14T09:48:48-04:00July 14th, 2011|Government|1 Comment

Visit Rep. Eric Cantor’s Office TOMORROW! (Thursday July 14th)

Two Action Items: 1. Visit Congressman Cantor's Office Tomorrow Regarding the Debt Ceiling! There are nationwide visits to Congressional offices planned for tomorrow at 12:00 Noon. Please join us with visiting Congressman Cantor's office in Richmond to show our support for how he is currently standing firm on requiring spending cuts and resisting tax increases, [...]

By |2011-07-13T20:37:37-04:00July 13th, 2011|Action Alerts, Tea Party|0 Comments

A Debt Ceiling Fold Imminent? Probably.

I have this sinking (but totally expected) feeling that Republicans are about to sell out us and the nation yet again. Before we get to that, though, let’s begin with some good old fashioned class warfare rhetoric from a true artist: "If we do not have revenues, that means there are a bunch of kids [...]

By |2011-07-01T21:49:41-04:00July 1st, 2011|Economy|1 Comment

Featured Video

Go to Top