Archive for the ‘deficits’ Category

Abandon Ship: Democrats Unanimously Reject Obama’s Budget

Posted: June 1, 2012 in 2012, agenda, Art Carden, Atlas Shrugged, audit the Fed, Ayn Rand, Barack Obama, debt, deficit, deficits, democrat, democrats, depression, Donald J. Boudreaux, economic, economic liberty, economics, economy, F. A. Hayek, looters, Ludwig von Mises, Milton Friedman, moochers, Murray Rothbard
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Abandon Ship: Democrats Unanimously Reject Obama's Budget – YouTube.

Obama’s budget did not receive a single vote in the Senate—not even from Democrats. Debt and deficits continue to mount. Is there any hope for America’s balance sheet? Find out on this Front Page with Allen Barton, Elan Journo, and Terry Jones.

Drachmaggedon! Will Greece Drop the Euro?

Posted: May 25, 2012 in agenda, Art Carden, Atlas Shrugged, audit the Fed, austrian, Ayn Rand, currency boards, currency devaluations, debt, deficit, deficits, Donald J. Boudreaux, economic liberty, economics, economy, F. A. Hayek, John Keynes, looters, Ludwig von Mises, Milton Friedman, moochers, Murray Rothbard, Obama, Objectivism, Wesley Mouch
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Greeks are pulling their money out of banks at the same time that some of its politicians are threatening to leave the euro. Is the eurozone falling to pieces? Will the European debt crisis spread to the US? Find out as the Allen Barton talks to Terry Jones of IBD, and Yaron Brook of the Ayn Rand Institute.

Rick Santelli – Difference Between Tea Party & Occupy

Posted: February 15, 2012 in #OccupyWallStreet, #OWS, academics, administration, big government, Communists, deficit, deficits, democrat, democratic, democrats, dhimmicretins, libertarian, libertarianism, liberty, politics, republican, republicans, republicans. democrats, Rick Santelli, socialism
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The Progressive Nightmare & The Conservative Solution

Posted: August 20, 2011 in 2012, 2nd amendment, 4th Amendment, academics, administration, agenda, agents, airport, arguing with idiots, audit the Fed, austrian, bankrupting america, banning american flag, Barack Obama, Barney Frank, bearded marxist, bernanke, Bernie Madow, Big Ed, big government, bondholder ripoff, Border Patrol, broke usa, budget, busybodies, cap and tax, carbon trading, climaquiddick, climategate, Cloward Pivens, congress, conservatism, conservative, conservatives, constitution, corruption, currency devaluations, DEA, debt, decision points, declaration of independence, deficit, deficits, democrat, democratic, democrats, dhimmicretins, Drug War, easing, east anglia, economic, economic liberty, economics, economy, education reform, election, elite, elitism, elitist, employment, entitlement, environmentalism, ethnic, euro, european monetary union, F. A. Hayek, federal healthcare, federal reserve, federalist papers, firearms, freedom, friedman, general electric, gerrymandering, global warming, government motors, government spending, guantitative easing, gun control, Herman Cain, homeland security, idiots, illegal immigration, international debt, international economics, international monetary fund, ipcc, job killer, John Keynes, JournoList, justice department, justice fraud, Lame-Stream Media, left, leftist, liberal, liberal gene, liberals, libertarian, libertarianism, liberty, lies, looters, Media Malpractice, Michelle Bachmann, Mitt Romney, monetary policy, moochers, nanny state, napolitano, natural law, Neo-Libertarian, Newt Gingrich, Obama, Politically incorrect, propaganda, rational basis test, reason, Rick Santorum, Ron Paul, Sarah Palin, Tim Pawlenty, weapons, Wesley Mouch, Zimbabwe School of Economics
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The Progressive Nightmare

The Conservative Solution

Hands off my Medicare? Say what?

Posted: August 18, 2011 in administration, agenda, ballots, bankrupting america, Barack Obama, big government, bondholder ripoff, border, Border Patrol, broke usa, budget, bureaucrat, currency devaluations, deficits, democrat, democrats, left, leftist, liberals, policy, political, Ponzj
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I just saw a protestor screamjng, “Hands off my Medicare1″. OK I quess we can chalk that up to failures in our education system. At least FDR hid the Social Security Fraud as a type of insurance product in which your “contribution” was used to fund your retirement. Until they had to tell the truth and admit before the Supreme Court that it was just another tax (Heverling v. Davis 1937) and did not convey rights to the taxpayer.

Medicare was never sold to the public that way. It was promoted as our obligation to the elderly and funded by a payroll tax. Thus it became a direct transfer from the working to the retired. I would suggest that Medicare taxes should be sequestered in a separate fund that funds only Medicare . If it runs low, adjust benefits or tax level. It will be highly inteesting to see how much the children of the “Baby Boomer” will be willing to pay for their parents.

Hey maybe we can get a bunch of illegal aliens paying into the system to balance it oyt. /sarc

A Balanced Approach?

Posted: July 25, 2011 in budget, deficits, democrat, democrats, dhimmicretins, economics, economy, fed, obama, Zimbabwe School of Economics
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An allegory on the budget from http://www.powerlineblog.com/

The Path to Prosperity (Episode 1): America’s two futures, visualized

Posted: May 25, 2011 in deficits, government spending
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This 3-minute video is a visualization of the House Republicans’ budget, “The Path to Prosperity,” presented by Rep. Paul Ryan, chairman of the House Budget Committee.

Veronique de Rugy and Tax Myths

Posted: April 22, 2011 in america, Atlas Shrugged, audit the Fed, bankrupting america, barack obama, big government, budget, bureaucrat, Cloward Pivens, conservatism, conservative, conservatives, corruption, d.c., deficit, deficits, democrat, democrats, dhimmicretins, economic, economic liberty, economics, economy, F. A. Hayek, John Keynes, looters, macroeconomics, moochers, Zimbabwe School of Economics
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The one fact she didn’t report is that 40% of tax filers have a negative effective tax rate. The are the winner of the income tax shell game in that they get “refunds” for more than they paid.

When will we start to insist that they have, “skin in te game?

Bring on the Fair Tax!

BTW, the VAT Tax should be called the IRS expansion and Full Employment Guarantee Act and only adds another layer of taxation, where the Fair Tax consolidates all the Federal Tax Schemes.

There’s That Word Again

Posted: April 14, 2011 in administration, agenda, arguing with idiots, bankrupting america, barack obama, big government, broke usa, Cloward Pivens, corruption, currency devaluations, debt, deficit, deficits, democrat, democrats, federal reserve, inconceivable, looters, moochers, Zimbabwe School of Economics
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From CNBC:

New claims for unemployment benefits unexpectedly rose last week, bouncing back above the key 400,000 level, while core producer prices clumbed (sic) faster than expected in March, government reports showed on Thursday.

Veronique de Rugy Discusses the Truth About Deficits and the Debt

Posted: April 3, 2011 in debt, deficits, economy, fact, reason, reason foundation, reason magazine, reason.tv
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Poll after poll reveals that debt and deficits have become defining issues in American politics. But while these issues are indeed important and the American people are justifiably concerned about the level of debt our nation is racking up, they are only symptoms of the real problem: overspending. America is living beyond its means and is projected to continue doing so into the foreseeable future. In her weekly appearance on Bloomberg TV, Reason columnist and Mercatus Center economist Veronique de Rugy explains the truth about deficits and the debt.

Myth 1: Debt and deficits are a disease that can only be cured by raising taxes.

Fact 1: Debt and deficits are only a symptom. The disease is overspending. And tax increases are no cure. Besides, even if we could balance the budget by raising taxes it wouldn’t stay balanced so long as programs like Social Security, Medicare, and Medicaid remain unreformed.

Myth 2: There is no relationship between high interest rates and deficits. And even if there was, interest rates remain at all-time lows.

Fact 2: That may have been true once, but the data now shows that investors anticipate an increase in both interest rates and deficits.

Myth 3: Debt and deficits may be a problem, but we don’t have to fix it now.

Fact 3: Debt and deficits are having an immediate negative impact on the economy.

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