Tag Archives: federal debt

It Is Time to Fold up Congress’ Spending Circus

America elected Conservatives to fix the problem of spiraling debt and spending insanity. America no longer believes the threats of the left when they promise tragic results if conservatives don’t act in accordance with the spending they need to buy off the pet constituencies that they know they need to maintain their power base. Democrats know if serious cuts in spending take place, they will lose their base. That might be the only real “tragedy” here. Continue reading

Posted in America's Freedoms, Cloward and Piven Strategy, Congress, Congress: Inquiries & Committees, Constitutional Rights, Corruption in Government, Current Elections, Deficit, Economic Security, Education, Elections Politics, Foreign Policy, Government, Healthcare, House of Representatives, International Monetary News, Learning from History, Liberals Big Spending and Taxes, Media Corruption, National Debt, National Security, New Media News, Politics, Progressives pushing for Marxism/Socialism, Radical Liberal Progressive Left, Reject Socialism, Senate, Tea Party Conservatives, The Economy, Undermining Constitution | Tagged , , , , , , , , , , , , , | 1 Comment

Top 10 Failures of Obamanomics

6. Financial Regulation
The recently passed financial regulation legislation did nothing to reform Fannie Mae and Freddie Mac, the two mortgage giants that helped trigger the financial crisis. It did, however, guarantee future bailouts of large companies that fail, forcing taxpayers to foot the bill for private companies’ mismanagement. In the end, government control of America’s financial system will help London, Tokyo, Frankfurt, Shanghai and other foreign financial centers while killing jobs and reducing economic activity in the United States. Predictably, four out of five Americans believe the legislation will not help avoid another crisis, a Bloomberg poll found. Continue reading

Posted in America's Freedoms, Cloward and Piven Strategy, Constitution, Corruption in Government, Elections Politics, Excessive Government Spending, Government, Government Regulations, Healthcare, Jobs, Liberals Big Spending and Taxes, New Media News, Politics, Poll Numbers, Radical Liberal Progressive Left, The Economy, Undermining Constitution, UNIONS ACORN and SEIU | Tagged , , , , , , , , , , , , , , , , , , , , , , | 5 Comments