BREAKING NEWS
Source: Heritage Foundation -- Editor's note: A must watch video about the real truth behind the Union protests in the State of Wisconsin. The story that the drive by media does not tell the public.Source: MacIver Institute -- Editor's note: Just imagine if the conservatives were to defraud their employers directly in public. The rightous liberal left would have a hay day. Lets hope the State of Wisconsin Medical Board investigates these frauds.Source: The Daily Caller -- Editior's note: Just reach out and ask your US Congressman for an explaination, why this was overlooked?Source: Foxnews -- Editor's note: Well ol' Pelosi was right, the liberal democrats had to pass ObamaCare just to see what truely was in the bill -- “to pass the bill so that you can find out what is in it.” So does increased in health care costs for every American, higher taxes and less choice in choosing your doctor or health plan surprise you? Another big lie from the left. The House Budget Committee held a hearing January 26th to examine the fiscal consequences of the new health care law. Testimony was offered at the hearing by Richard Foster, Chief Actuary for Medicare and Medicaid. During testimony at the hearing Congressman McClintock asked the actuary if Obamacare will bring costs down, and if people who like their current plans can keep them. The exchange went as follows: The exchange was covered widely in the media as part of the debate about healthcare and Congressman McClintock discussed the hearing that evening on the Great Van Susteren Show. This week the Budget Committee will hold a hearing on the state of the United States economy and will hear testimony from Federal Reserve Chairman Ben Bernanke.
Chinese Professor - Why Do Great Nations Fail?
Source: Citizens Against Government Waste -- Editor's note: CAGW nails this message perfectly, and the road of no return our great country is heading down. ![]()
YouCut Project Video: Obama's Endgame: A Look at the National Debt
Source: Eric Cantor, Republican Whip YouCut -- Editor's note: A MUST watch video. I believe every Conservative candidate for US Senate and US Congress should play this video as their introduction before any campaign speech or debate. ![]()
National Debt Soars To Highest Level Since WWII
Source: USA Today Editor's note: Lets see, Obama will 1) blame Bush, 2) blame the GOP 3) state that by his actions, our economy is thriving 4) blame the Tea Party for making a big deal about this overstated fact...
China's Owns the U.S., Even More Now in 2010, Surprise, Surprise, Surprise
-- Source: MSN. Editor's note: Well America as you well know, (except for the libs who seem to be burying their head in the sand), China owns us, and now even more. What is it going to take to get the U.S. Government's policiticans' head out into the sun shine and get this massive debt under control? And Mr. Obama, you can no longer "Blame Bush" as it is nothing but rethoric, just look at the facts with you and your liberal democrat's spending spree for the past 18 months and counting. Perhap you should watch the video below titled "The National Debt Road Trip", as you and your liberal DEMsand RHINOs in Congress just don't get it. But we the American People do, and we'll take back this country in November 2010.
America Speaking Out - Tidal Wave Of Debt
Source: America Speaking Out
U.S. Deficit To Rise to 19.6 TRILLION Dollars by 2015
Synopsis: The U.S. debt will top $13.6 trillion this year and climb to an estimated $19.6 trillion by 2015, according to a Treasury Department report to Congress. Editor's note: Attention shoppers, this is EXTREMELY important to note. Get out and VOTE OUT these drunk sailors! Source: Reuters
US AAA Credit Rating On Track to Be Down Graded to AA in 2018..As Soon As 2013: Moody's
Editor's note: As most of you are aware, the EU is in crisis with Greece, Spain and Portugal budgets in shambles. Yet the US Federal Government is providing the EU with a $1 Trillion dollar unsecured bail-out for this mess. We are not far behind with the massive deficit that Obama is driving, with no end in sight. Source: Moody's Investor Services
US NATIONAL DEBT CLOCK - REAL TIME UPDATES
Source: U.S. Debt Clock.org
TREASURYDIRECT.GOV: PUBLIC DEBIT TO THE PENNY AND WHO HOLDS IT
Source: U.S. Treasury Direct.gov
THE MEANING OF A TRILLION DOLLARS
WHAT $1 TRILLION MEANS?
THE $1 TRILLION DOLLAR MILESTONE
BURDEN FOR ALL: A CLOSER LOOK AT THE VALUE OF $1 TRILLION
CBO REPORT: DEBIT WILL RISE TO 90% OF GDP
-- In its final analysis, released 3/25/10, that the president's budget would generate a combined $9.75 trillion in deficits over the next decade.
-- The federal public debt, which was $6.3 trillion ($56,000 per household) when Mr. Obama entered office amid an economic crisis, totals $8.2 trillion ($72,000 per household) today, and it's headed toward $20.3 trillion (more than $170,000 per household) in 2020, according to CBO's deficit estimates. Source: Washington Times
CBO: NATIONAL DEBT TO BE HIGHER THAN WHITE HOUSE FORECAST
Source: Washington Post
CONGRESSIONAL ESTIMATES SHOW GRIM DEFICIT PICTURE
-- CBO: President Obama's proposed budget would add more than $9.7 trillion to the national debt over the next decade
-- CBO: Predicting a deficit of about $1.5 trillion this year -- a post-World War II record at 10.3 percent of the overall economy -- and $1.3 trillion in 2011
-- CBO: Predicts that debt held by investors, including China, would spike from $7.5 trillion at the end of last year to $20.3 trillion in 2020. That means interest payments would more than quadruple — from $209 billion this year, to $916 billion by the end of the decade. Source: AP
OBAMA DEFEATS FDR (IN SPENDING OTHER PEOPLE"S MONEY)
"After he signed a law last week authorizing the U.S. Treasury to borrow an additional $1.9 trillion, President Barack Obama delivered a characteristically sanctimonious speech. It was about his deep commitment to frugality..Obama is on track to become the greatest debter president since Franklin Roosevelt..." CBO OFFICIALS SAY STIMULUS BILL TO COST $75 BILLION MORE
Editor's note: Most of us already know this was coming. If you are still wondering what this truly means to this country, take a look at some of the videos below. Source: CNSNews
HOUSE VOTES TO RAISE DEBT LIMIT TO BY $1.9 TRILLION
Editor's note: This raises the debt ceiling to $14.3 trillion. Just when is this ever going to end? Obam and the DEMs are bankrupting this country. This is a runaway Obama training. Source: Foxnews
DEFICIT TO HIT ALL-TIME HIGH: OBAMA SENDS CONGRESS $3.8 TRILLION DOLLAR BUDGET
Editor's note: Obama's Agenda continues - Leave No Child A Dime. Hidden in this is outlandish FY11 Budget are revenues from Cap and Trade. Imagine that, as Cap n Tax has not even passed the US Senate. Seems our President knows what is best for us regardless of what the American People want. Time to contact your US Senator and US Congressman and let them know that the Federal Government needs to be fiscally responsible, stop the massive spending and printing of money, and the US Economy just cannot handle higher taxes. We are nearing a complete Economy melt down, and headed for a double dip recession, if the Federal Deficit spending continues at its current pace. Some of you might remember the high inflation in the 70's, and that is exactly where we are heading.
Editor's note: We could have seen this coming. When was the last time that the Federal Government ever stated within the boundaries of its budget? The Stimulus Plan is NOT working yet Obaman and the DEMs in Congress keeps throwing more money to programs that are not working. Get a clue elected officials, change and hope is coming your way on November 2, 2010.
DEMOCRATS PROPOSE $1.9 TRILLION INCREASE IN DEBT LIMIT
Editor's note: Another case of Democrat's philosphy of SPEND AND TAX policy. 'When is this ever going to stop? Until we bankrupt this Country? Or the Chinese tell us no more loans? Or we vote them out? Folks, if this massive spending keeps it current pace, you can be assured higher taxes, and more regulation by the Federal Government. They will leave your children and grandchildren with the largest debit in American history. Source: Yahoo News
U.S. SENATE VOTES TO RAISE DEBIT CEILING TO 12.4 TRILLION
Editor's note: Just when is Obama's Tax and Spending policy ever going to end? This is yet another fine case of your US Government Gone Wild, Spend Like a Drunken Sailor. Source: FoxNews
BIG GOVERNMENT JUST GOT BIGGER: "LARGEST-EVER FEDERAL PAYROLL TO HIT $2.15 MILLION"
Editor's note: The Federal Government just got much bigger under ObamaEconomics