I think the analogy would’ve been much more appropriate had Congressman Xavier Becerra pulled out one of his credit cards instead of his daughters US savings bond, but that’s just me. I’m posting the soundbite not because I think it has anything to do with the debt crisis, but to show you one more example of how Democrats will spin any lie to save one of their precious programs. Read more
Oh heck … only $6.5 billion? When you have a centralized federal government program designed to hand disability payments directly to individuals, it’s kind of like having the executive leadership of General Motors changing the oil in your SUV. It’s an unsuitable arrangement, and as such, a symptom of the disease.
We all know that the federal government has “hit” the debt ceiling of $14.294 trillion that Congress has authorized. So, Congress is now looking at “where we go” from here. But, here is what you may not know. Read more
Everything with this administration seems to be “unexpected”…from higher unemployment, to higher gas prices, to higher food prices. We now have a new “unexpected”.
Not a third rail for New Jersey Gov. Chris Christie (R). During a visit to Washington, D.C. yesterday, Michael Barone asked Christie if he thought Social Security was still the third rail of politics nobody wanted to touch.
Nothing is sacred when it comes to the mostly Democrat party use of human shields to defend all of their progressive programs, big government. Not Tucson, not Nazi Germany and the holocaust … nothing. The latest edition in this continuing narrative comes from South Carolina, where a progressive group is running a TV ad using a human shield to “save social security”. The problem with this though, as with most human shields, it does not apply to the problem at hand. Read more
Correct. Well actually Neil Cavuto catches New Jersey Congressman Bill Pascrell in an old Democrat talking point … “We won’t balance the budget on the backs of seniors”, wherein the Congressman had a little trouble walking it back. If it weren’t so sad,it would be funny. But alas, it’s a pathetic commentary on the state of politics in America. Read more
I’ll be honest here, I’m not certain if we have the full story, but it is disturbing none-the-less. A mom undergoing treatment for cancer was denied a procedure because her income level went “too high” after Social Security suggested she sign her son up for disability benefits.
The federal government has floated another trial balloon reminding American’s we’ve got some serious obligations to pay out in the next few years. They seem to be softening everyone up for tax increases and entitlement cuts.
This week, the U.S. Treasury will ask for comments on the conversion of private IRA and 401(k) funds into government annuities backed by Treasury bills. You’ve been doing a good job saving for retirement, and President Obama’s administration sees your investments as a solution to their problem.