Michael Moore is moron, I’ll let the indispensable Mary Katharine Ham explain why: http://www.youtube.com/watch?v=sbwMPzbzVJM Heh, never mind the math, this might come as a surprise to a good socialist like Mr. Moore, but it’s not your money or the governments money to confiscate Michael. Related There Aren’t Enough Millionaires – Kevin D. Williamson, National Review […]
Budget Deficit
Rand Paul Injects A Little Sanity Into Senate Debate Over Spending
If you read only one thing about how just out-of-control government spending has gotten and why it’s so difficult to actually make real, meaningful budge cuts, read Rand Paul’s floor speech from yesterday! Here’s the video: You can read the full transcript on Senator Paul’s web site… Here’s an excerpt: We are discussing and debating […]
Ouch: Federal Government Posts Largest Monthly Deficit Ever
Wow, when it comes to deficit spending Barack Obama makes George W. Bush look like a piker… From The Washington Times: The federal government posted its largest monthly deficit in history in February at $223 billion, according to preliminary numbers the Congressional Budget Office released Monday morning. That figure tops last February’s record of $220.9 […]
Weekend Briefing – Saturday, October 10, 2009
I’m going to be tied up with family all weekend but here’s a collection of must read links: CBO: Budget deficit hit record $1.4T in 2009 – Associated Press Proposals to create jobs add up to second stimulus – Associated Press A Nobel for Obama – New York Sun Barack Obama’s peace prize starts a […]
Train Wreck: GDP Decline Twice as Bad as Obama Admnistration Forecast
Ouch, this isn’t good news for President Obama’s agenda… The White House has been using some pretty rosy economic forecasts to sell his agenda. However, those rosy forecasts have finally crashed head-on into economic reality. In short, GDP declined roughly twice as much as they predicted and their out year deficit forecasts will be roughly […]