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Entries in Public Debt (145)

Saturday
Sep202014

ALG - It's the debt, stupid! 

6

Sept. 19, 2014

Permission to republish original opeds granted. 

It's the debt, stupid!
Household debt has outpaced household median income for almost 40 years, and we're paying the price, the latest figures from the Federal Reserve and U.S. Census show.

Obamacare, the gift that keeps on giving for Republicans
Cancellations, botched exchanges, and rising premiums! Oh my!

Woodhill: Quantitative futility
"Evidence is piling up that the Federal Reserve, which has been conducting a rules-free, 100 percent discretionary monetary policy for the past 13+ years, simply Does Not Know What It Is Doing."

 

 

Friday
Mar142014

ALG's Daily Grind - No warmer now than it was in 2003 

6

March 14, 2014

Permission to republish original opeds and cartoons granted.

No warmer now than it was in 2003
The growth rates of carbon emissions have accelerated the past 50 years, so why haven't temperatures?

Does a $100 trillion total debt matter?
Funny money always buys fewer possessions. However, global indebtedness diminishes human freedom on a far more vast scale.

Another Government Coverup To Protect GM?
"Are auto recalls nothing more than political tools now? The Obama administration's failure to act on reports of GM accelerator defects as the bodies piled up suggests that safety took a back seat to politics."

Sunday
Dec222013

ALG's Daily Grind - It's time to throw big business off the Republican stool 

6

Dec. 20, 2013

It's time to throw big business off the Republican stool
Republicans just might discover that they are better off shedding the Party of the Rich label by throwing these corporate welfare, government leeches to the curb altogether leaving them to commune with those on the left who hate them.

Stop the presses! Fed taper won't stop its $75 billion a month money-printing
Instead of adding $1.02 trillion of treasuries and mortgage bonds to its balance sheet a year, the Federal Reserve has announced starting in January it will just be adding a "mere" $900 billion.

The power-mad EPA
The threat is the EPA, not mercury.

Hurt: D.C. gets the vapors, calls sequester too much
"[N]obody seems to be able to explain how the new cuts are just as severe as the old cuts yet equally unfelt."

Saturday
Oct262013

ALG's Daily Grind - Merely delaying individual mandate will not fix Obamacare

Oct. 25, 2013

Merely delaying individual mandate will not fix Obamacare

The Congressional Budget Office was expecting 7 million people to enroll in the insurance exchanges. If they do not, the insurance pool will not expand and the premiums for everyone else are going to go to the moon.

A time for debt vigilance

Slow down! Ten years ago, the national debt was an astounding 6.8 trillion dollars, fifteen years ago, it was 5.5 trillion and twenty years ago, it was 4.4 trillion.  After all the accounting tricks ended, the 2013 fiscal year ended with just over a 17 trillion dollar national debt.

Are faux conservatives more dangerous than liberals?

If an alien landed and observed the state of political discourse, it could easily believe that Ted Cruz and a dwindling band of kooks are the most dire threats to our public life. 

CNN anchor: Obama administration threatens reporters' jobs

Carol Costello says the Obama administration "do[es]n't like you to say anything bad about their boss, and they're not afraid to use whatever means they have at hand to stop you from doing that, including threatening your job."

Friday
Sep272013

NH GOP - KUSTER AND SHEA-PORTER SUPPORT MORE DEBT, OPPOSE CUTS TO RECKLESS GOVERNMENT SPENDING 

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Concord - Representatives Annie Kuster and Carol Shea-Porter sent a letter to President Obama yesterday supporting his plan to increase the debt limit without cutting wasteful government spending. Our national debt currently stands at over $16.7 trillion.

 

"It is disgraceful that Representatives Kuster and Shea-Porter are willing to saddle our country with more debt and refuse to work across the aisle to cut wasteful government spending," said New Hampshire Republican Party Chairman Jennifer Horn. "Kuster and Shea-Porter would rather give Barack Obama a blank check and push our country to the brink of insolvency because they lack the courage required to get our fiscal house in order."

 

A recent poll conducted by Bloomberg News (9/26/13) shows that 61% of Americans reject the radical Obama-Kuster-Shea-Porter plan to raise the debt limit without controlling wasteful spending.

 

"Despite overwhelming opposition from their constituents, Representatives Shea-Porter and Kuster are willing to get in line and blindly follow President Obama's reckless fiscal agenda. They are reminding Granite Staters that they have gone to Washington and lost touch with New Hampshire's fiscally responsible values." said Horn.