Political Smack

Political Smack

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Written by kpaul on
It all started after 9/11 when George Bush and the Republican Controlled Congress decided to spend more money than what the government took in. That meant the government had to borrow money. Who did the government borrow money from? Not from your rich Aunt in Topeka or Americans like her. No our creditors are now the likes of the Chinese, Indian, Japanese Central Banks. Big deal you say deficits aren't bad. Well deficits are beneficial in the short term as a means to jump start the economy. (By the way I am a Pro Life, Pro Gun, Fiscal Conservative who supported Bush's father (who ... Read Full Story
Written by kavenger on
W's recipe for disaster: Cut taxes Raise spending Increase debt and deficits to record levels Get into an expensive prolonged war without an exit strategy Don't balance the budget. Dick Cheney said deficits don't matter. However, Greenspan , Buffet and 99% of the world's economists disagree. Cheney has no training in economics. By the way Cheney said Saddam had WMD and that there was a connection between Saddam and Bin Laden Have government borrowing crowd out corporate borrowing (the government can pay "risk free" interest. Thus setting the floor for interest rates. Companies now have to pay higher interest rate because corporate bonds are ... Read Full Story
Written by tasithoughts on
© 2002, Rick Satterfield. The Mormon Temple has been the highest physical symbol of Godliness by the Church of Jesus Christ of Latter Day Saints here on the planet. According to their unique beliefs, gospel saving ordinances for the dead and ordinances such as eternal marriages are conducted only within the walls of such edifices. The Latter Day Saints (Mormons) consider such buildings so sacred that only worthy members of the church with Temple recommends signed off by the appropriate church leadership can enter and participate in the ordinances. Those who enter are asked to keep the experiences and ordinances in the temple to ... Read Full Story
Written by thadsta on
Report by Terry Kroup, VA Chapter In a nation lead by self centered, power-hungry robber-barons, many Americans find it amazing that nearly every member of Congress can work so well together in a calculated effort to deprive the citizenry of the rights guaranteed them by the U.S. Constitution. “The key to their unparalleled working success,” according to an unnamed DC insider, goes by the name of Warren Buffet.” One need only to spend a few hours with any one of the countless old-time political pundits to learn that Congressmen (‘Sneetches’ as they are called in DC) didn’t always get along so well. What follows ... Read Full Story
Written by tasithoughts on
Elizabeth Alexander It has been over a couple of weeks since the inauguration of President Obama. I wanted to look back on that day and especially on the poem that was read by Elizabeth Alexander. It was only the 4 th time in our nation’s history that a poet read a poem in that ceremony. It brings up powerful imagery that now has special resonance as we look back to that event a few steps forward in time from it. Praise Song for the Day By: Elizabeth Alexander Each day we go about our business, walking past each other, catching each others’ eyes or ... Read Full Story
Risk Governance DeficitsAn analysis and illustration of the most common deficits in risk governanceAuthor(s): John D. Graham, Beat Habegger, Belinda Cleeland, Marie Valentine FlorinPublisher(s): International Risk Governance Council (IRGC) Date of publication: Nov 2009 Pages: 91Publisher's URL: www.irgc.org Description: This report identifies and describes a number of common and recurring deficits in risk governance processes and structures...  
From intellibriefs.blogspot.com ()
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Jean-Claude Trichet, President of the European Central bank, has urged all 16 members of the eurozone to slash their deficits by 2011. He stated on Monday that budget deficits in countries using the Euro "should be reduced in 2011 at the latest, in some countries already in 2010, to preserve faith in state finances". Trichet also called on banks to ease the credit crunch by making loans more readily available....  
From novinite.com ()
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Peterborough Regional Health Centre's future position as a regional "cornerstone hospital," with specialized services, could be threatened by its chronic deficit situation, a provincial official says. "Steps have to be taken to put this hospital on a sound financial footing because otherwise .[...]  
From thepeterboroughexaminer.com ()
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The Wall Street Journal earlier this week: We've never obsessed over the budget deficit, because the true cost of government is the amount it spends, not the amount it borrows. Milton Friedman used to say that the nation would be far better off with a budget half the current size but with larger deficits. Mr. Obama and his allies in Congress have done the opposite: They have increased the budget by 50% and financed the spending with IOUs.Our...  
From reason.org ()
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By Daniel J. MitchellReckless spending increases under both Bush and Obama have resulted in unprecedented deficits. Congress will soon be forced to increase the nation’s debt limit by an astounding $1.8 trillion. Government borrowing has become such a big issue that some politicians are proposing a deficit reduction commission, which may mean they are like alcoholics trying for [...]  
From cato.org ()
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An Alternative View of Finance, Saving, Deficits, and Liquidity Source: Levy Economics Institute of Bard College This paper contrasts the orthodox approach with an alternative view on finance, saving, deficits, and liquidity. The conventional view on the cause of the current global financial crisis points first to excessive United States trade deficits that are supposed to [...]  
From docuticker.com ()
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Sure, why not, another tax on everyone is a good thing in Liberal World: Many See the VAT Option as a Cure for Runaway Deficits Runaway federal deficits have thrust a politically unsavory savior into the spotlight: a nationwide tax on goods and services. Members of Congress, like their constituents, are squeamish about such ideas (WT- [...]  
From stoptheaclu.com ()
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