Showing posts with label deficit. Show all posts
Showing posts with label deficit. Show all posts

Monday, February 14, 2011

Tuesday, January 18, 2011

Bankruptcy Of U.S. Is ‘Mathematical Certainty,’ Says Professor & Former CEO Of Nation's 10th Largest Bank

John Allison, who for two decades served as chairman and CEO of BB&T, the nation's 10th largest bank, told CNSNews.com it is a “mathematical certainty” that the United States government will go bankrupt unless it dramatically changes its fiscal direction.

“Now, countries don’t go bankrupt the way companies do,” said Allison. “They don’t file bankruptcy. They usually hyper-inflate. They print a bunch of paper money, or they become Third World economies like Argentina--unless we change direction. So, we absolutely have to change direction. And the irony of that is it requires an interesting combination. It requires both discipline, but it also requires a focus on growing our economy. And it means a fundamental philosophical change from where we are today, from the idea of redistributing wealth to the idea of creating wealth.”

Read More Here

Saturday, January 15, 2011

America has fallen again in Index of Economic Freedom

"Last year, I reported that the United States fell from sixth to eighth place -- behind Canada -- in the Heritage Foundation/Wall Street Journal's 2010 Index of Economic Freedom. Now, we've fallen further. In the just-released 2011 Index, the United States is in ninth place. That's behind Hong Kong, Singapore, Australia, New Zealand, Switzerland, Canada, Ireland and Denmark." -John Stossel

Cmon we can do better than this. I thought America was the leader of the free world.

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Wednesday, January 12, 2011

Poll show public strongly opposes debt ceiling increase:

The U.S. public overwhelmingly opposes raising the country's debt limit even though failure to do so could hurt America's international standing and push up borrowing costs, according to a Reuters/Ipsos poll released on Wednesday.

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Tuesday, January 11, 2011

Liberal Media was Already Prepared for Violence in Tucson

Very interesting the not so mainstream media anymore were talking to Congresswoman Giffords D-AZ., about violence right before this happened.
I wonder if these media type ppl like Keith Olbermann feel really stupid for coming on so soon afterwards and blaming mostly commentators on the right using free speech for this frankly senseless tragedy.


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Wednesday, April 02, 2008

Citizens Against Govt Waste 2008 Congressional Pig Book

The Congressional Pig Book is CAGW's annual compilation of the pork-barrel projects in the federal budget. The 2008 Pig Book identified 11,610 projects at a cost of $17.2 billion in the 12 Appropriations Acts for fiscal 2008. A "pork" project is a line-item in an appropriations bill that designates tax dollars for a specific purpose in circumvent

read more | digg story

Sunday, March 02, 2008

Support the Abolition of the Federal Reserve System!


Allowing the Fed to create more money out of thin air would merely put off the day of reckoning, and ensure that day would be even worse, when it finally arrived.

read more | digg story


Dollar purchasing power throughout 20th Century

Wednesday, January 23, 2008

Where Have All the Leaders Gone?

By Lee Iacocca with Catherine Whitney

Am I the only guy in this country who's fed up with what's happening? Where the hell is our outrage? We should be screaming bloody murder. We've got a gang of clueless bozos steering our ship of state right over a cliff, we've got corporate gangsters stealing us blind, and we can't even clean up after a hurricane much less build a hybrid car.
More of the Story

Friday, November 23, 2007

Iran virtually free of U.S. dollar in oil revenues

Iran, at odds with the West over its nuclear programme, has effectively cut all ties with the dollar when it comes to oil revenues,...Read More

Wednesday, November 14, 2007

BlackWater: The New DEA

A Defense Department contract involving antidrug training missions is open for bids.
Will Blackwater be taking down non-violent drug users in your city soon? Other big defense corps will be competing for the some 15 billion dollar contract.
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A country who wars on it's own people for what, to pump out a few more sales for the military industrial complex.

Monday, November 05, 2007

Sunday, November 04, 2007

Sinking Currency, Sinking Country

We are in a world of trouble and only one candidate for President is even talking about it. The plummet of the dollar is not going to stop any time soon. The Chinese are sitting on too many dollars to divest; they would lose too much. The Europeans are taking advantage of the Chinese position, selling off greenbacks, forcing the dollar down faste

read more | digg story

Friday, November 02, 2007

First U.S. baby boomer applies for Social Security

Retired school teacher Kathleen Casey-Kirschling on Monday became the first ripple in a "silver tsunami" of retiring baby boomers to apply for pension benefits, threatening to overwhelm U.S. government finances.

Isn't it already overwhelmed at 9 trillion in debt and growing by the second?

read more | digg story

Quotes

"In questions of power, then, let no more be heard of confidence in man, but bind him down from mischief by the chains of the Constitution." -- Thomas Jefferson