Category Archives: economy

The Speech that Saved America; by Barack Obama (via Village of the Banned)

Posted on September 10, 2011 by

I tire of writing about our president. Why? Consider this old joke. “How do you know when a politician is lying? His lips are moving.” — Favorite Old Joke If any American politician ever exemplified that old joke, it is President Barack … Continue reading →

Posted in economy, US Blogs | 3 Comments

DELEGATE BOB MARSHALL ON THAT CONGRESSIONAL SUPER COMMITTEE

Posted on August 17, 2011 by

In today’s email, Delegate Bob Marshall reports on ”A Slower Financial Train to Ruin”. The Virginian Pilot published my op-ed this past Tuesday on the recent Obama-Republican Debt Increase “accommodation” which is sending the USA to financial perdition at a slightly … Continue reading →

Posted in Delegate Bob Marshall, economy, taxes

Full Report: United States of America Long-Term Rating Lowered To ‘AA+’ On Political Risks And Rising Debt Burden; Outlook Negative

Posted on August 6, 2011 by

Here is Standard & Poor’s full public statement on why they lowered our debt rating: Full Report United States of America Long-Term Rating Lowered To ‘AA+’ On Political Risks And Rising Debt Burden; Outlook Negative. Here is the link to the … Continue reading →

Posted in economy, taxes | 2 Comments

THE OBAMA/DEMOCRAT DOWNGRADE OF THE DEBT OF THE UNITED STATES: UPDATE 2

Posted on August 5, 2011 by

UPDATE 2 : S&P’s statement – We have lowered our long-term sovereign credit rating on the United States of America to ‘AA+’ from ‘AAA’ and affirmed the ‘A-1+’ short-term rating. – We have also removed both the short- and long-term … Continue reading →

Posted in economy, taxes

DO YOU UNDERSTAND THE PROBLEM OF THE DEBT CEILING?

Posted on July 29, 2011 by

As August 2nd approaches, the news media rants and shrieks about a crisis. They have equated not raising debt ceiling with automatically defaulting on our nation’s debt. That’s not total nonsense, but crises provide an audience for advertisers. And too many of … Continue reading →

Posted in economy, taxes

Conservative Groups Push to Defeat Boehner Plan (via Right Hook)

Posted on July 29, 2011 by

Well, Speaker Boehner postponed the vote on his plan. How does would his plan improve on the bill the House already pass? Darned if I know. During the past few weeks, conservatives have been waiting for Speaker Boehner to cave on debt ceiling talks, … Continue reading →

Posted in economy, taxes, US Blogs | 2 Comments

WHAT DID THEY SAY?

Posted on July 25, 2011 by

Obama begins by blaming Bush — again. Then he tries to scare everybody and blame the rich. Yes, we must listen to him, the master of reasonable compromise. Transcript: Obama’s Speech on Debt Talks – Fox Video Boehner? Well, he tries, … Continue reading →

Posted in economy, taxes | 6 Comments

The revenue effect of a tax increase: it’s not what you think (via The right-wing liberal)

Posted on July 23, 2011 by

Why is President Obama adamant about raising taxes? That’s the question The right-wing liberal considers. That is, he notes tax increases stifle economic growth. Even the president’s own economic advisers know that. As arguments over tax increases versus spending cuts continue, Veronique de … Continue reading →

Posted in economy, NOVA Blogs, taxes | Tagged , , , | 7 Comments