Uncategorized - page 47
US Debt Hits 100% of GDP
We all knew it was going to happen eventually, and now the moment has arrived. Today, two days after the debt ceiling increase was signed into law, the United States' debt reached 100% of GDP, or how much the economy is worth. The debt over the [...]
August 3, 2011 - Liberty NewsWire
"That increase puts the government already remarkably close to the new debt limit of $14.694, which means one day’s new borrowing ate up 60 percent of the $400 billion in new space Congress granted the president this week." - The [...]
Compromising for Bigger Government
For most members of Congress, finding compromise is typically a one sided debate. Should the government be expanded by this amount or that amount? The possiblity of actually reducing government is simply never entertained.The recent debate over [...]
Look What Ben Bernanke is Hiding
The latest C4L national email, written by Director of Legislation Tim Shoemaker, goes into detail about the recent GAO one-time Fed audit (which revealed over $16 trillion of lending in less than three years) and recommends several steps Campaign [...]
August 2, 2011 - Liberty NewsWire
"Treasury won an immediate reprieve of $400 billion in new borrowing authority Tuesday, as the Senate gave final approval to a hotly contested debt and deficit-reduction agreement hammered out with the White House Sunday night." - [...]
More late night political art...
http://i196.photobucket.com/albums/aa125/grind_o_flesh/house.jpghttp://s196.photobucket.com/albums/aa125/grind_o_flesh/Take action! Good luck! -Joel Henske –2nd District Coordinatorwww.campaignforliberty.org(541) 279-4202
Violence demagogued for more government and taxes
Response to Newark's Star Ledger "Braun: Newark's violence points to cop layoffs, breakdown in values" Mayor Booker is amazed at the "indiscriminate hate and violence" gripping the city. A rash of cop [...]
My prediction for 2012
This is how I see the entire nomination and election for the Republican nominee for the 2012 presidential election plays out.As is now known by many across the nation, Texas governor Rick Perry is having his name thrown around as a potential [...]
What Will We Learn from the Fed Meeting Next Week?
Via Reuters:The Fed is not expected to announce any new measures at its meeting on Tuesday.But behind closed doors, policymakers could be setting the stage for further action, most likely some form of communication that would bolster a promise of [...]
Who Won the Debt Ceiling Debate?
As of noon today, the long battle over the debt ceiling is at an end (at least for now). The bill passed the House of Representatives <a href="http://clerk.house.gov/evs/2011/roll690.xml">by a 269-161 margin [...]