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»♠♠ "On The Air" Since 2007 ♠♠«
>>> Credibility: The quality, capability, or power to elicit belief <<<
>>Once Lost - Never Regained<<
  • Today’s Capitalist

    "The government has all the responsibility — but no authority over us or claims on our profits."
  • What’s New This Week

    Karl Rove's Book of Lies

    "Efficient market theory dominated economic thinking from the days of Ronald Reagan to the collapse of 2008. It was the rationale for deregulation, the cause of a massive transfer of wealth and income from the middle class to a tiny number of the very rich. Now it is dead and gone but Republican politicians won’t let go, and many in the media show no understanding of the issue."
    Republicans Are Locked in a Passionate Embrace with a Corpse and Won't Let Go

    "Reconciliation is not being considered for [Senate] passing comprehensive health-care reform. Major health-care reform legislation passed the Senate without reconciliation on Christmas Eve ."
    The Role for Reconciliation

  • National Debt Clock

    WHEN Did You Become Fiscally Responsible?
    BEFORE Obama or AFTER Obama??
    January 20, 2009
    $10,838,758,414,164.46
    Discretionary Spending @ 48.6%

    January 20, 2001
    $5,719,124,940,098.04
    January 20, 1993
    $4,192,107,025,882.17
    January 20, 1989
    $2,601,104,000,000.00
    January 20, 1981
    $909,041,000.000.00

    Debt by President


    Click Image for Full Size

    Are You A Tea Party Hyprocrite??
  • Destroyers of the Republican Party

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  • Do You Know Their Names
    (Click ? to Find Out)

  • United States of Corporations

    Thanks to the GOP's Supreme Court
    (Click Flag for Full Size)
    Corporate Bill of Rights
  • Democratic Party Traitors

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  • Who Are These Traitors?
    (Click Black Rose)
  • Interesting Links

    • Change in National Debt by President
    • Financial Bailout List
    • Historical Federal Debt
    • The 2003 Prescription Drug Bill
    • The Corporate Bill of Rights
    • Who Voted Against the Fiscal Task Force
    • Who's Paying to Kill Health Care Reform

  • Price Bloated 30% by Speculators
  • Politically Driven Stuff

    • Building a Better Capitalism
    • Democrats for Rich Heirs?
    • Proponents of Estate Tax Repeal Are Resurrecting Old Misconceptions
    • Stephen Moore Misled on Wealthy Americans’ Tax Burden
    • Tax Competition: Why It Is Not a Good Thing
    • The End of Supply Side Economics
    • The Great Wealth Transfer
    • The Richer
    • The Small-Business Myth
  • My Favorite Sites

    • A Taxing Matter – About Taxes & Tax Laws
    • Angry Bear
    • Center on Budget & Policy Priorities
    • Cynical Synapse
    • Neiman Watchdog – Questions the Press Should Ask
    • Start Making Sense
    • Understanding Tax

  • No Regrets
    I Remember!
    Ok, What Was It!?

Entries Tagged as 'Government'

Perils Of Indebtedness To An Enemy

March 6th, 2010 · No Comments · The President

If, in the name of self-preservation, we can’t use the non-military weapons in our arsenal to keep some rogue countries in line, then the day will come when we will be forced to use our military might.

[Read more →]

Tags: China·Debt Deficit and Budget·Debtor Nation·Iran·Sanctions

More Meaningless “Guarantees”

March 5th, 2010 · No Comments · Wall Street

Did you ever wonder why people in certain positions continue to say “the debt doesn’t matter”? Well, here’s one reason they say that.

[Read more →]

Tags: Bank Bailouts·Barack Obama·Herbert M. Allison Jr.·Too Big To Fail

Why, Of All Things, Is Obama Shutting Down The ILC?

March 3rd, 2010 · No Comments · The President

That’s only 0.00005 percent of the overall budget. So what’s the deal?

[Read more →]

Tags: Barack Obama·Bureau of Labor Statistics·Debt Deficit and Budget·International Labor Comparison

So You Want A Balanced Budget And Pay Off The Debt? Well, Here’s How!

March 1st, 2010 · 1 Comment · Government

March 1, 2010
Are you seriously serious about your Tea Party movement? Do you really want to balance the budget and pay off the national debt? Well, here it is. Sit back, get comfortable and be sure your glycerin tablets are handy. And it wouldn’t be a bad idea to have a paramedic standing by.

[Read more →]

Tags: Debt Deficit and Budget·Federal Budget·Federal Deficit·FY 2011 Federal Budget Cuts

Balanced Federal Budget With Debt Reduction

February 26th, 2010 · No Comments · Government

Correction – Obviously I was thinking about leap year when I said the budget cuts would be posted on February 29. Monday will be March 1. Hope you’ll overlook my lapse of mind.
On Monday, February 29, CPS News will publish our version of a balanced federal budget for FY 2011. The decision to go through [...]

[Read more →]

Tags: Debt Deficit and Budget·FY 2011 Federal Budget

CPS News’ Version of the Federal Budget Is Here

February 15th, 2010 · No Comments · Government

February 15, 2010
The Old Man has finally finished extracting all the numbers from the Obama White House Federal budget for FY 2011. Whew! What a job! But it’s done and I’m glad I did. One certainly becomes intimately acquainted with the numbers when you go through it all in such detail.
There are many things to [...]

[Read more →]

Tags: FY 2011 Federal Budget

A Note From The Old Man

February 9th, 2010 · 2 Comments · Government

UPDATE: February 13, 2010
As might be expected, the budget break-down is taking more time than expected. Barring any unforeseen events, it should be done by Tuesday, February 16.
February 9, 2010
Sorry for no post for the past few days. I am in the process of breaking down the 2011 Federal Budget, and, as you might expect, it [...]

[Read more →]

Tags: Federal Budget

Obama, The Budget, And The Debt

February 8th, 2010 · No Comments · Debt Deficit and Budget

Not to bring up an old slogan, but a lot of hard choices have to be made, including by the taxpayer. Every American will have to sacrifice. The hard part will be getting our elected officials to give up what they want——

[Read more →]

Tags: Barack Obama·Debt Deficit and Budget·Federal Budget

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    • Another Look At TARP Recipients Not Lending
    • Lobbyist And Political Donations Equal Corruption
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