Well, the US Federal debt went over 17 trillion in the last few days. I don't think we need to tell RTP supporters what a grim milestone this really is. Not much more to say. Details from Zerohedge.
Obama, in his own words.
This is a post I wrote that ran today on Broadside Books. Please share it with all the young people you know, especially those who don't understand the massive challenges they are about to inherit. ---- You have the most incentive of anyone to not only join the Tea Party movement, but become its most [...]
I wish I could write like this, but alas..."Edge of the Spending New Frontier" Here's a teaser: ...it is the utopians and their economic policies who have forced their own moment to its crisis. Had Obama not won, they would have been able to comfortably sit back and blame Bush era policies for the mess. [...]
What will you do with your new-found liberty? Many of us will find it bracing and exhilarating. Many others will hate it with every fiber of their being. The basis for these very disparate reactions will be the same: you will be on your own. We had better be making provisions to save the Commonwealth [...]
Let’s review: $14.4 trillion in national debt $114 trillion in unfunded liabilities No federal budget passed in over two years TARP Bailouts of massive corporations while average Americans are struggling just to provide for their families ObamaCare (i.e., forcing citizens to purchase a product or service, while calling it “health care reform”) Many thousands of [...]