Posts Tagged ‘Obamacare’
Pastors Gather for Freedom of Speech
Thursday, November 19th, 2009China questions costs of U.S. healthcare reform
Wednesday, November 18th, 2009James Pethokoukis – REUTERS
Guess what? It turns out the Chinese are kind of curious about how President Barack Obama’s healthcare reform plans would impact America’s huge fiscal deficit. Government officials are using his Asian trip as an opportunity to ask the White House questions. Detailed questions.
Boilerplate assurances that America won’t default on its debt or inflate the shortfall away are apparently not cutting it. Nor should they, when one owns nearly $2 trillion in assets denominated in the currency of a country about to double its national debt over the next decade.
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Economic Healing by Bleeding
Wednesday, November 11th, 2009On December 13, 1799, George Washington was engaged in some remodeling activities at Mt. Vernon and found himself working for a good part of the day in a cold and hard rain. He concluded his work and entered the house soaking wet and shortly thereafter he found himself aching and sick. That night he worked in his study, retired to bed after midnight and summoned physicians the next day (more…)
Confessions of an ObamaCare Backer
Tuesday, November 10th, 2009S.O.S. – A liberal explains the political calculus.
Economist Warns: Coming U.S. Bond Default
Tuesday, November 10th, 2009
S.O.S. — Economist Warns: Coming U.S. Bond DefaultBy: Gene J. Koprowski |
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| The U.S. may have to default on its debt payments after 2019, writes economist Robert Samuelson.If the deficit spending continues on the current path it will consume 82 percent of gross domestic product within a decade. There will be no wiggle room for tax cuts, and spending cuts may be politically unpalatable, he surmises.
“The Congressional Budget Office reckons the Obama administration’s planned budgets would increase the debt-to-GDP ratio from 41 percent in 2008 to 82 percent in 2019. Higher interest rates would aggravate the debt burden,” writes Samuelson in The Washington Post. Anticipating higher interest rates, the CBO estimates annual interest payments on the federal debt at $799 billion in 2019, up from $170 billion today. Click here to read more. |
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Obama Declares National Emergency – H1N1
Saturday, October 24th, 2009President Obama has declared a national emergency over the H1N1 virus, but what does that really mean? Did he really have to declare this a national emergency that will grant special powers to the government? Is this that important as is was on 9/11?
Will this “emergency” be the excuse to force people to be vaccinated or to (more…)
Obama’s First Big Loss in Healthcare Battle
Thursday, October 22nd, 2009Boston Tea Party in the News
Saturday, October 17th, 2009It was a cold and windy day but plenty of Americans came to the Boston Common to support against the Federal Health Care Bill. There are new leaders stepping up and accepting (more…)
