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Tag Archives: debt

Adieu France, So Long Stability

French Socialist President Francois Hollande’s newly elected government is planning to raise taxes on big companies while deterring businesses from engaging in layoffs by making that process more costly. Hoping to nudge companies into investing rather than paying profits to shareholders, the government plans to impose a new 3% tax on dividends. Other plans include raising levies on capital gains, ...

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David Plouffe: Truth Assassin

Congratulations to Mackenzie Weinger and Reid J. Epstien for accurately reporting the news about White House senior adviser David Plouffe’s trip through television’s Sunday morning talk show circuit. It is truly a pity that Plouffe and those in the White House who oversee his talking points script cannot demonstrate the same accuracy. Plouffe stated that Republicans want “huge tax cuts ...

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The Spread of Economic Greek Fire

The global economy is on fire due to government Water Fountain Economics. Leaders from around the world continue to push for more government spending with hope that it will stem the flow of a sinking economic situation and put the fire out.  One of those world leaders is, France’s newly elected President Francois Hollande, who is the leader of the ...

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NEWS FLASH: Lindsey Graham is a “top conservative”!

Jonathan Karl, Richard Coolidge, Gregory Lemos and Sherisse Pham, part of the collective, useful spokes-tools employed by ABC News and the “progressive” Party Pravda’s online misinformation outlet known as Yahoo News are at it again. To begin with, this “progressive” misinformation’s “headline” is pure, pre-fabricated nonsense that reads: “Top conservative says read my lips: Don’t sign ‘no new tax’ pledge”. ...

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WTF – High Speed Rail to Nowhere

Construction nears completion on Phase I of the Dulles rail project

Winning The Future, anyone remember that one? That was President Obama’s scheme to rebuild the American economy on among other things, high speed rail. In his 2011 State of the Union address he said, “This is our generation’s Sputnik moment. … The third step in winning the future is rebuilding America. To attract new businesses to our shores, we need ...

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Is the US Going To Need a Bailout?

gdp to debt

In terms of national debt as a percentage of Gross Domestic Product (GDP), the answer is “YES!” How, you ask, do I arrive at that answer? Well, let’s examine the debt as a percentage of GDP in Portugal, Ireland, Greece, and Spain (PIGS), as well as in the US. First, let’s examine the debt as a percentage of GDP in ...

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Was “The Private Sector is Doing Fine” Really a Gaffe?

When obama uttered the words “the private sector is doing fine” speculation ran rampant, declarations occurred and questions abounded. Obedient spokes-fools within the “progressive” Party Pravda remained largely mum, dutifully neglecting or downplaying the story. Conservatives pounced on the statement, speculating aggressively about obama’s lack of perceptive abilities while declaring it to be the biggest gaffe in his presidency. Questions ...

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Wisconsin: Tea Party Beats Unions

The Tea Party sparked Conservative wave that swept most of the United States in 2010 was a contributing factor in many races, including the elections of Scott Walker, Rebecca Kleefisch and a Republican legislative majority in Wisconsin. Governor Walker and his fiscally Conservative allies in the State House set about enacting the reforms they promised during their campaign. Balancing the ...

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Barack Obama: The Anti-Keynesian?

obamaSnooty-300x180

New York Times columnist and economist Paul Krugman thinks Barack Obama is an “anti-Keynesian” when it comes to economic matters. video platform video management video solutions video player   PAUL KRUGMAN: Can I just say, on the Reagan thing, if public-sector employment had continued to expand the way it did during Reagan’s first term, instead of falling by about 600,000 ...

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Open Ceilings Rain Supreme

Is a ceiling a ceiling if you continue sealing another dealing of that ceiling? It is quite misleading and frankly steeling, yielding a revolting feeling. That a ceiling can’t be a ceiling if it’s concealing a faults dichotomy. Faults bottoms have rock limits, but “the sky is the limit” is no economy.

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Are Republicans to Blame for Washington’s Problems?

In a new book entitled “It’s Even Worse Than It Looks”, author Norman Ornstein (described by Yahoo News, a card carrying member of the “progressive” Party Pravda, as a “scholar”), blames Republican for governance problems in Washington DC. Although Ornstein, shows a flicker of willingness to lay part of the blame at the feet of Democrat’s, “progressive” anti-American bias is ...

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What the obama Administration Has Taught America

Facebook Inc.’s $16 billion initial public offering has made Mark Zuckerberg the 29th richest carbon based life form on Earth. Facebook provides entertainment and a fun way to spend your leisure time. America should love Zuckerberg. Whatever happens, do not ever criticize him for not paying his fair share of taxes…he’s cool in the administration’s eyes and they’re down with ...

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Student Loan Debt: Much Ado About Nothing

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It is starting to get quite embarrassing for the Obama administration.  They’re trailing Romney in the polls, they’ve lost the edge with women, and his 2013 budget went down in flames in the Senate today with a final vote tally of 99-0. In the words of Sen. Minority Leader Mitch McConnell, “there’s no education in the second kick of a mule.”Not ...

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Retirement Programs-Running on Empty

Government trustees report this week reveal that Social Security and Medicare will run out of money sooner than expected. Medicare is looking at a shortage beginning 2024 but Social Security for Disabled (SSI) will be out of funds just around the corner in 2016. All agree that by 2030 there will only be enough money to cover 75% of the ...

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