Posts Tagged ‘stop Obama’
CNN Report on the Congress Spending Spree
Monday, February 22nd, 2010With Absolute Power, Team Obama Grows Stupid
Friday, February 12th, 2010By Michael Barone – GOPUSA
How could such smart people do so many stupid things? That question, or variations on it, is being asked in Washington and around the country about the Obama administration.
The same people who directed the campaign that defeated Hillary Clinton and routed John McCain, a campaign that raised far more money and attracted far more volunteers than any before it, have within a year come up with a legislative program that is crashing in ruins and that, to judge from recent polls, has left the Democratic Party weaker than I have seen it in almost 50 years of closely following politics.
The 2008 campaign was an impressive achievement. So, in a negative way, is the 2009 legislative program that has left the Democrats in such woeful shape in 2010.
Click here to read more.
It’s Up to You AMERICA!
Tuesday, February 9th, 2010Change is Coming!
Thursday, February 4th, 2010This Weeks News
Saturday, January 30th, 2010Economic 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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