Tag Archives: excessive government spending

Obama Asks Congress to Lift Debt Ceiling by Another $1.2 Trillion

Prior to Sept. 28, 1987, the Treasury did not have the legal authority to run a national debt of $2.4 trillion—let alone increase the debt limit by that amount. On that date, President Reagan signed a law lifting the debt limit by $448 billion—from $2.352 trillion to $2.8 trillion. Continue reading

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Gore, Reid and More of Stimulus’ Biggest Bust: Obama’s Perfect September Storm

So amid Gore’s Live Earth-style lunacy bear these costs in mind, as Senate Democrats (with a little help from select Republicans, including, oddly, Richard Burr (R-NC), who with some erstwhile House conservatives is pushing the TBoonedoggle sure to be offered as part of Reid’s package) contemporaneously seek to blow more of your money.

The most spectacularly wasteful way to pretend to grow jobs yet discovered. And it is the one that Obama has selected. Continue reading

Posted in Agency Regulation, America's Freedoms, Budget Issues, Cloward and Piven Strategy, Congress, Constitution, Constitutional Responsibilities, Corruption, Corruption in Government, Current Elections, Deficit, Economic Security, Economic Terrorism, Elections Politics, EPA Regulations, Excessive Government Spending, Foreign Policy, Freedom Justice and Liberty, Fuel Prices, Government, Government Regulations, International Monetary News, Jobs, Liberals Big Spending and Taxes, Manufactured Crisis, Media Corruption, Middle East Affairs, National Debt, National Security, New Media News, Political Incompetence, Politics, Propaganda, Radical Liberal Progressive Left, Recovery, Reject Socialism, Scandals, Smaller Government, TEA Taxed Enough Already, The Economy, The Environment, Unemployment, Winning Elections | Tagged , , , , , , , , , , , , , , , , , , , , , , , ,