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Tag: "National Debt"

Explaining the Debt – In Kids' Terms

The national debt is more easily understood in family-friendly terms. I guess sometimes, who need help understanding is not as obvious as the language needed to explain it. Rich Mitchell is the Sr. Managing Editor of Conservative Daily News. His posts may contain opinions that are his own and are not necessarily shared by Anomalous […]

Obama's Latest Plan: Rescuing America From Rich People and Success

The President gave another campaign speech disguised as a “deficit reduction plan” Monday morning, this time in the White House Rose Garden.  Perhaps he hoped the the backdrop of thriving foliage would add to the illusion that his “plan” would help the economy thrive and flourish.  Here are some highlights from the campaign speech: Obama […]

Debt and our failing economy

Is the country being led astray once again by those on the Hill that appear to be doing business as usual? The words deficit and downgrade and debt-ceiling almost seem to be synonymous with one another when nothing could be further then the truth. Yet both sides think they are right; they have resorted to […]

They Aren’t Taking This Seriously

The debt mess is a huge mess and a whole slew of people aren’t serious about cleaning it up. Yesterday, the non-partisan Congressional Budget Office (CBO) scored John Boehner’s plan and said that it only cut the deficit by about one trillion dollars over ten years. That same office scored Harry Reid’s plan and said […]

Did President Obama Learn Anything While in Puerto Rico ?

  President Barack Hussein Obama recently took his 2012 reelection campaign to the island of Puerto Rico in an attempt to corrall the Puerto Rican vote here in the States. The question is did he learn anything while there from the current Governor of Puerto Rico, Luis Fortuno. Governor Fortuno was elected in the 2008 elections […]

House Majority Whip Reveals GOP vs Democrats 2012 Budget Plans

House Majority Whip Kevin McCarthy (R-CA) has unveiled some very interesting 2012 proposed budgetary numbers here. His report includes comparisons between the GOP proposal of around $6.2 trillion in cuts and the addition of $9 trillion in new deficits under President Obama’s budget proposal. That is a difference of a total of over $15 trillion dollars folks.  […]

Obama Appointee Tries to Explain the President’s Lie .. and Fails

Poor Ms. Higginbottom .. the name has probably given her enough grief through the years so this Congressional hearing could not have been the light at the end of the tunnel she was hoping for. Senator Jeff Sessions asks the unwitting appointee a fairly simple question about Obama’s statement that he “would not be adding […]

Budgetary Boondoggle: Round 6

         In an article posted here at CDN on Feb. 14th titled, “Upcoming Budget: Nowhere to Run*,  I explained how I could see that our current Congress would not be able to even come close to passing a responsible budget for 2011 fiscal year. Looking at today’s news headlines, this budget boondoggle is following along […]

Investors Turning Away from U.S. Debt Over Record Deficits

The proverbial chickens.. have come home to poop –  or roost if you prefer. The world’s largest bond investment fund, Pimco’s Total Return Fund removed U.S. government debt from its holdings: Bill Gross, who runs the world’s biggest bond fund at Pacific Investment Management Co., eliminated government-related debt from his flagship fund last month as the […]

Speaker John Boehner Proving to be a Real Workhorse

       New House Speaker John Boehner, (pictured at left with House Majority Leader Eric Cantor) is proving to be a tireless Republican Leader in recent weeks of  intense bud-get planning in the House or Representatives. The amount of legislation being drawn up at a furious pace to try to slow down out massive debt problem is awe-inspiring […]

Federal Debt Report/ Feb. 2011

       America’s National Debt rose by another $63.7 billion dollars in the month of February, according to the Bureau of Public Debt*. That currently leaves us with a grand total of $14.195 trillions of debt as of March 1st, 2011. In a behind the scenes move to try to postpone having to raise the debt […]

House Passes GOP 2 Week CR Spending Bill

       Today many Democrats joined Republicans to pass a 2-week spending resolution, that continues to keep our government running while they attempt to hammer out a budget. The deadline is looming folks, and this vote puts extreme pressure on the U.S. Senate and Harry Reid to come to an agreement to avoid a shutdown. The […]

Speaker John Boehner: ‘So Be It’

Progressives are up-in-arms over the loss of government jobs that will occur due to the kinds of deep budget cuts House Republicans are pushing.  House Speaker John Boehner’s response to them was clear, truthful and responsible In the last two years, under President Obama, the federal government has added 200,000 new federal jobs. If some of […]

Here are Your Hope N Change Numbers after 2 years: You do the math.

  I recently recieved an email today that pretty much sums up our country’s status in one simple chart. (Special thanks to my brother Bernie for the email)    After two years of Obama…     January 2009 TODAY % chg Source Avg. retail price/gallon gas in U.S. $1.83 $3.104 69.6% 1 Crude oil, European […]