Christmas may come just once a year, but it’s CliffMas every day. At least it seems that way. President Obama returned early from his expensive Hawaiian vacation to get back to work telling Republicans they get nothing in the negotiations. Now…
I mentioned Treasury Secretary Timothy Geithner’s meeting with Mitch McConnell in my last post, but this bombshell deserves a post of its own. Geithner met with McConnell to talk about the fiscal cliff. He proposed $1.6 trillion in tax hikes…
The good news keeps rolling in. Thanks, Obama voters. Way to go! You could have done something about this and chose not to. My children thank you. Senate Majority Leader Harry Reid (D-Nev.) said on Wednesday that if the $16.394…
Now that Nancy Pelosi is no longer in the majority in the House she believes Congress is irrelevant and that President Obama should just rule by fiat. At least that’s the impression she left when she said Obama should just…
Rep. Trey Gowdy (R-SC) questioned Treasury Secretary Tim Geithner about the debt limit, and asked what it would have to be to meet all current and future obligations. After some hemming and hawing, and pointing out that Congress is in…
There is one good thing about people who insult our intelligence; they’re probably misunderestimating the true level of our understanding.
The debt ceiling dog and pony show continues. President Obama has sent a letter to Speaker Boehner asking for another $1.2 trillion in borrowing power because there are no spending cuts (other than defense) he’ll agree to. Seeing that the…
Democrats must sit around thinking up new and creative ways to vilify the Republicans and make them look like total ogres. Today the folks in the White House accused the GOP of wanting to steal Christmas because they won’t agree…
Senator Tom Coburn (R-OK) has a proposal to cut $9 trillion in spending over a ten year period. According to Bloomberg, he’ll release the plan today. While he said he doesn’t expect his plan to pass Congress, it would offer…
President Obama and the Republicans failed to reach a compromise on the debt ceiling last night. President Obama and the Democrats are insisting on tax increases. Funny, not too long ago Obama said that raising taxes during a recession was…
I’m sure it’s just a coincidence that the world’s central bankers are predicting that over the next 25 years the United States dollar will lose it’s reserve status. Financial Times: More than half the managers, who were polled by UBS, predicted…
We’ve reached the debt limit, and we’re all still alive. I looked out the window this morning to see if the sky was falling, but it’s still up there. (It is dumping a lot of rain, which is probably unrelated,…
This is the change we’ve been waiting for. The national debt has soared to unprecedented levels. In fact, we could have less than a week before we hit the national debt ceiling. Hey, maybe we should start cutting spending. Oh,…
House Republican leadership is distributing a pamphlet explaining how things will work should the federal government shut down. One thing to keep in mind, the military will still be funded, we’ll still get our mail and seniors will continue receiving…
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