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WARNING: These audacious, skyrocketing federal deficits do not yet include: (1) The “Cap and Trade” massive tax scheme (largest in American history if it passes the Senate). (2) The Socialized Medicine extravaganza – destroying our superior private health care system, in favor of the rationed ObamaCare “Universal” health care scheme. (3) “Immigration Reform” – aka The Mother of all Amnesty schemes. And now, Congress is even contemplating another colossal “stimulus” pork-laden spending scheme.
ThoughtRogue: Leftists seem to have an extremely hard time interpreting the following economic graph showing Bush’s versus Obama’s respective budget deficits, and thus, their own massive contributions to the burgeoning national debt. Note the relatively tiny grey bars on the left side (Bush) over which Leftists and their lap-dog media comrades would incessantly invoke the [...]
Financial Rescue Approaches GDP as U.S. Pledges $12.8 Trillion By Mark Pittman and Bob Ivry, Bloomberg << Oh gosh, JimmysnutZ, another obscure byline! The U.S. government and the Federal Reserve have spent, lent or guaranteed $12.8 trillion, an amount that approaches the value of everything produced in the country last year, to stem the longest [...]
By -Charles Krauthammer “A failure to act, and act now, will turn crisis into a catastrophe.” – President Obama, Feb. 4. Catastrophe, mind you. So much for the president who in his inaugural address two weeks earlier declared “we have chosen hope over fear.” Until, that is, you need fear to pass a bill. And [...]
NC: Earth to Liberals: the secret to pulling out of the looming Depression is simple – (1) Stop the bloat of Big Daddy by reducing federal spending, (2) Stop borrowing ever more from the Chinese, (3) Stop printing our currency like you’re manufacturing candy, (4) stop taxing (stealing) the U.S. Citizenry blind, (5) Eliminate all [...]


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