To Congress For Spending Our Grandchildren Into Perpetual Indebtedness: The Franklin Solution »
(Thomas Mitchell/4th St8) – Our duly elected representatives back inside the Beltway swamps insist they are doing us a favor by ratcheting up the federal debt. Obama is asking Congress this week for $1.2 trillion in additional borrowing authority that would raise the debt ceiling to $16.4 trillion. (That is merely a figure of speech. They blew the ceiling off long ago.) Since Obama took office, the debt has risen 42 percent, but I’m sure [...]
Explaining Why Tax Cuts Work To The Uninformed »
(Jim Clark) – Senator Dean Heller was in Incline/Crystal Bay earlier this month at a fundraiser held at the beautiful home of Bruce and Nora James. The affair was bifurcated into a cocktail and appetizer hour for a larger group followed by a catered dinner on Bruce and Nora’s deck overlooking the lake, reserved exclusively for those who could write checks that might make a difference in a senatorial campaign. With this smaller group, it [...]
Democrat-Speak Alive And Well In Reid »
(Lori Piotrowski) – Reid doesn’t think much of Romney, who frequently leads the Republicans in the 2012 polls. On the other hand, he has high praise for Pawlenty, who just dropped out of the race. Bachmann? She doesn’t stand a chance. Would you have expected other opinions from Nevada’s leading Democrat? This morning’s Review-Journal article quoted Reid on a variety of topics, of which the presidential race was only one. He talked, too, about the [...]
Republicans Joined Democrats And President In Raising Debt Ceiling »
(Sara Michele Crusade/Examiner.com) – As I’ve written before, it’s time for a serious assessment of where we are going as a nation. After capitulating to pressure from the President and his leftist army in Congress, Republicans voted to allow an increase in the debt ceiling, supposedly to save America from a horrible credit down grade that could cause a major collapse of world faith in our ability to make good on our debts. First, if [...]
FAA Deal: Nothing In Washington Means Anything Anymore »
(Thomas Mitchell/4th St8) – Throw away your old civics textbook. Shred that antiquated copy of the Constitution. All those old notions about how a bill becomes law and how this is a nation of laws and not of men are just quaint notions. This morning the Senate “passed” — with hardly anyone present — a House bill authorizing spending for the Federal Aviation Administration. The bill now g0es to the president for his signature. This [...]
Obama Definitely NOT A Triple A President »
(Fred Weinberg/The Penny Press) – How can anybody believe Barack Obama? While using one side of his mouth, allegedly trying to “negotiate” a deal between a GOP House and a Democratic Senate on increasing the nation’s debt limit, the President used the other side of his mouth to tell the American people: “We need to reach a compromise by Tuesday so that our country will have the ability to pay its bills on time – [...]
How Much Do You Owe? »
(Lori Piotrowski) – As the debate raged over who had the “best” plan to solve the country’s debt crisis this weekend, a co-worker forwarded a nifty little link. Here’s what you do: plug in your annual salary (or that of your wife, your child, your boss) and learn what this debt problem is costing. Truly costing you, your wife, your child, and your boss. Anyone who claims that we have to continue to raise the [...]
Obama And Reid Opt To Burden Our Grandchildren »
(Sara Michele Crusade/Examiner.com) – The debate rages on about whether or not to raise the debt ceiling. Nevada’s own Senator Harry Reid (D-NV) is siding with President Obama in his desire to increase the debt ceiling just a couple trillion more. The Republicans in Congress are pretending to hold the line for fiscal conservatism, stating they’ll only approve an increase in the debt ceiling if accompanied by massive spending cuts. The whole argument is contrary [...]
Nevada Delegation Splits On House Speaker Plan »
(Sean Whaley/Nevada news Bureau) – Rep. Joe Heck, R-Nev., announced today he will back a spending reduction plan put forth by House Speaker John Boehner because it proposes a balanced budget amendment that will protect the United States’ AAA credit rating. A vote on the plan scheduled for today was delayed, however. Senate Majority Leader Harry Reid has said the plan is “dead on arrival” in the U.S. Senate if it passes the House. Rep. [...]
Federal Government Spending Must Be Cut To Sustainable Levels »
(Sean Whaley/Nevada News Bureau) – A senior fellow with the Cato Institute said today the partisan fight over reducing federal spending is really between one class of people who work, produce, save money and pay taxes and a second group that lives off of the first group. “This whole political clash between the Republicans and Democrats is really a clash in the electorate,” said Gerald O’Driscoll, a senior fellow with the Cato Institute. “And the [...]
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