federal spending

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Latest blogosphere posts tagged “federal spending”

  • Lessons from John Galt


    Big GovernmentAuthority Authority: 815
    Recent headlines seem lifted directly out of an Ayn Rand novel. President Obama decries the “fat cat bankers on Wall Street” . Harry Reid attacks insurance companies for making too much profit. House Democrat leaders call Tea Partiers “ Racist, Nazi, Gun Nuts ”.  How about this nauseating statement made by ...
    15 hours ago
  • Obama to Find Budgetary Sobriety?


    Cato @ LibertyAuthority Authority: 752
    By Tad DeHaven The White House is hinting that its fiscal year 2011 budget due out in February will be “ austere .” White House Press Secretary Robert Gibbs didn’t provide any specifics but recently said that “it will not look as it has in the past.” Well that’s a relief because the FY2010 appropriations ...
    1 day ago
  • Lower Current Account Deficit = Lower Demand for Treasuries


    Wall St. Cheat SheetAuthority Authority: 564
    This is a guest post by Jordan Roy-Byrne CMT at The Daily Gold . Because the US economy is much weaker, Americans are buying less foreign goods (especially Chinese made goods). And as a result, the Chinese are recycling less money back into US Treasuries. This is happening at a time when the US is increasing ...
    1 day ago
  • Stimulus Money Paid Out Now Exceeds Money In the Pipeline


    On The HillAuthority Authority: 496
    For the first time since ProPublica began tracking stimulus spending , more money has been paid out than is left in the pipeline. (Check out the details in our Stimulus Progress Bar .) According to figures posted on Recovery.gov , the official site for tracking stimulus spending, federal agencies have now spent a ...
    1 day ago
  • Video: Is Rush Limbaughs consistent reference to Obama as a little child racist?


    StupidicaAuthority Authority: 177
    Rush Limbaugh has recently adopted the theme of referring to President Obama as a little child when attacking the administrations various political moves. Today Limbaugh referred to President Obama as an "out of control little child who thinks that he is the Messiah" while criticizing the federal spending. Last week ...
    2 days ago
  • ACORN Will Gobble More Tax Dollars - #Acorn


    ARRA News ServiceAuthority Authority: 531
    by Jim Meyers: Rep. Steve King tells Newsmax that a recent judicial ruling restoring federal funding for ACORN contains “outrageous claims,” and says a “junkyard dog attorney” will seek to play down links between ACORN and President Obama. The Iowa Republican also declares that a “diabolical” new ...
    2 days ago
  • ObamaCare and Mission Creep: Why Health Care Reform Will End Up Covering Much More Than You Think.


    Big GovernmentAuthority Authority: 815
    Government programs almost always end up costing much more than they were supposed to. They also usually end up doing more than they were supposed to. Would ObamaCare be any different? Some say ObamaCare would lead to death panels, even euthanasia classes. But you don’t have to side with those who warn of ...
    3 days ago
  • The Problem is Spending, not Deficits


    Big GovernmentAuthority Authority: 815
    Reckless spending increases under both Bush and Obama have resulted in unprecedented deficits, which is the reason for boosting the nation’s debt limit by an astounding $1.8 trillion. Government borrowing has become such a big issue that some politicians are proposing a deficit reduction commission, which may mean ...
    3 days ago
  • Our National Debt is Growing to Immoral and Unsafe Proportions


    Big GovernmentAuthority Authority: 815
    If you are under 30, you really need to read this column and pass it on to your friends.  Your elected officials are dooming you to a new sort of bondage, a form of 21 st Century slavery, if you will. First, some background. On October 16, 1854, Abraham Lincoln, then a former one-term Congressman, gave a ...
    3 days ago
  • The Debt Bomb


    All Da King's MenAuthority Authority: 119
    "Without savings, there is no future" – Alan Greenspan If some of you wonder why Im obsessed with the rapidly increasing government spending and debt, Ill try to explain it in this post. Ill try to explain what the implications of this unsustainable fiscal irresponsibility will be, what it will mean for the ...
    6 days ago
  • Video: Spending is the Real Problem


    The FoundryAuthority Authority: 732
    The Cato Institute’s Dan Mitchell and the Center for Freedom and Prosperity Foundation , have produced videos explaining why Keynesian economics is wrong , presenting the evidence that big government hurts economic growth , explaining how big government hurts economic growth ,  making the case against the ...
    6 days ago
  • Bloomberg Steps Up its Gold Bashing


    Wall St. Cheat SheetAuthority Authority: 564
    This is a guest post by Jordan Roy-Byrne CMT at The Daily Gold . Before I had the chance to address a recent Gold-bashing piece ( Gold isn’t the best protection against inflation ), Bloomberg is out with another anti-Gold piece ( Gold Buying By CB’s May Send Sell Signal ). The amount of misinformation in ...
    6 days ago
  • How the federal deficit really works


    Letters to the EditorAuthority Authority: 139
    A true story: Mr. Fed has an unruly daughter named Taxpay, whom he would like to encourage toward goodness, while teaching her basic accounting. So Mr. Fed tapes two sheets of paper to the refrigerator door. One sheet is titled “Taxpay Savings…
    1 week ago
  • 222 Economists Support Reining in Federal Spending Instead of More “Stimulus”


    The FoundryAuthority Authority: 732
    President Obama last week told a group of Republican members of Congress who were at the Whitehouse that, every economist he has talked to said they need to spend more money to create jobs and stimulate the economy. The president then asked them to produce a list of economists that say we shouldn’t spend money to ...
    1 week ago
  • Let’s Be Frank, Mr. Vice President: The Stimulus Failed


    Big GovernmentAuthority Authority: 815
    Today, the State of Georgia welcomes Vice President Joe Biden for an update on the administration’s so-called stimulus bill. With national unemployment sitting today at 10%, and worse in Georgia, the White House’s credibility on stimulus success is dubious at best. Yet as proper manners would dictate, we owe the ...
    1 week ago
  • Our Nation’s Debt Limit: Made Simple #tlot


    MissTheda.comAuthority Authority: 146
    This video takes you to the United Estates–a gated community in sunny Florida–to help you understand the impact of Congress decision to annually raise our nations debt limit without addressing the out-of-control spending that keeps us buried in debt.
    1 week ago
  • Bland CBO Memo, or Smoking Gun?


    Cato @ LibertyAuthority Authority: 752
    By Michael F. Cannon This weekend, the Congressional Budget Office released “ a very strange memo ” titled, “ Budgetary Treatment of Proposals to Regulate Medical Loss Ratios .”  You wouldn’t know it from the title, but that little memo is the smoking gun that shows how congressional Democrats have very ...
    1 week ago
  • Spend This, You *!!%$##!ers


    All Da King's MenAuthority Authority: 119
    The federal governments massive ripoff of the American taxpayer continues. The Senate and House have both passed the $1.1 trillion Omnibus spending bill for 2010 , and President Obama is expected to sign it. The bill raises spending by about 10% over last year, even though the last time I checked, the inflation rate ...
    1 week ago
  • Wipe It Out, and Start Over


    Plumb Bob BlogAuthority Authority: 120
    The big news in the blogiverse today is about the national health care debate. I’m not ignoring it, I’m just positing what I consider to be the chief argument against a national health care plan of any type. However, this is not primarily about health care, it’s a warning: the self-immolation countdown on the US ...
    1 week ago
  • Democrat Senators stand up for fiscal responsibility


    Sanity InjectionAuthority Authority: 121
    As much as I have castigated Democrat legislators in this space for irresponsibility, hypocrisy, and general stupidity, I take pride and joy in the occasions when I am able to praise individual Democrats for Doing The Right Thing. In that spirit I would like to commend Senator Evan Bayh (D-IN), who yesterday called ...
    1 week ago

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