Posts Tagged ‘deficit’
Borrowing more than you can pay back – not a good idea
Looking for a loan? Mortgage lenders take a look at your debt to income ratio. In general, the more you earn the more you can borrow. How does the debt to income ratio look for the United States?
Read MoreEstimated 2009 United States deficit now $2.2 trillion
I was Jim’s guest on the Sound Off Connecticut’s special Saturday edition as he filled in for Dunaway. I mentioned the federal government was borrowing $20 billion a week. Sorry, I messed up. As of the end of July, we’re borrowing $43 billion a week, ensuring the 2009 deficit will be $2.2 trillion. The 2003…
Read MoreWhat’s not to like about socialized medicine? Update: Video
A lot, apparently. While some go on about what’s wrong with the American system, no one seems to recognize that, while the US expends a greater portion of GDP on health-care, sometimes you get what you pay for… (Hat Tip: Jonah Goldberg @ the Corner)
Read MoreObama: After $3 trillion spent … “Pay Go” is back
Cashews! As I listened, I could not stop shaking my head. And once again it’s the Messiah rescuing us from a “reckless” George Bush. First he tells us that 150,000 “saved” government jobs is proof the $800 billion dollar stimulus is working and he expects you to believe. Now he is asking you to believe that…
Read MoreLife gets better with cash to spend – until you have to pay it back
Hold firm. For the next couple of months – maybe even for the next couple of years – you’re going to hear things are getting better, President Obama’s plan is going to work. As a matter of fact, I just heard a commentator on Fox News note things are getting better so why would we…
Read MoreDemocrats to Connecticut: If it moves … tax it!
Here we go … notice the new mantra of the Democrats … “Fairness“. Wealthy executives, small businesses, middle-class homeowners and college students buying textbooks would all pay higher taxes under a budget proposal by the legislature’s Democratic majority that would increase taxes by more than $3 billion over the next two years. The state’s richest…
Read MoreWhen increased taxes are bad – increase government fees
Just like many American families, the State of Connecticut is battling a budget problem. You see, revenues are down and expenses are up. Unlike the government, families just can’t raise their fees to generate income. Since increasing taxes has resulted in Tea Parties all over the country (bad karma for politicans), Governor M. Jodi Rell…
Read MoreThe Tea Party Continues – Stamford Success/Florida Cancelled -City Fears Crowd – Update: Florida On
Update 2: The Florida Rally in Cape Coral City is back on. Pam Fowler, Connecticut’s Tea party Point person writes to tell me this: Despite the efforts of the local government in Cape Coral, FL, to prevent people from showing up, the tea party is on! FreedomWorks activist Mary Rakovich is taking over the planning of the April 1st Tea Party…
Read MoreAbout That Budget Deficit, Mr President
Last night on those two occasions when the Messiah was challenged on his budget and the huge debt he is piling on our children, and grand children, he blamed Republicans. Mistake? Maybe, maybe not. But here are the facts. And stay with the story to see O’Reilly take on Bob Beckel on this topic.
Read MoreThere’s No More Money – Update: Cavuto Interviews Hannen
Update: Cavuto just finished interviewing MEP Hannen. Video below. This is a must watch. It is a speech given at the European Parliament by MEO Daniel Hannen, who represents South East England. He is speaking to British PM Gordon Brown. Listen and see if the person he is describing sounds anything like our young President.…
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