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Compiled by Steve Jalsevac
The Damage Obama Has Done – Dick Morris
Here is a chart which all of us should read and absorb, sobering though it may be
Obama Budget Doubles National Debt to $26.3 Trillion in 10 Years – CNS
If the federal budget released by President Barack Obama today is implemented, it will double the national debt over the next 10 years.
A Tipping Point Is Nearing By Jeff T. Allen – American Thinker
There will soon be a crisis affecting US citizens beyond any experienced since the Great Depression. And it may happen within the year. This past week three awful developments put a dagger into the hope for a growth-led recovery, which held promise of possibly averting a debt and currency implosion crushing the American economy.
So why do these developments argue for a crisis of Great Depression proportions? Because they speak unequivocally of our pathway to insolvency, and the potential of currency failure via hyperinflation, despite the hopes of conservatives and market participants to see a halt of such direction. Housing prices, the foundation of so much of private citizen debt loads, are destined for stagnation—not inflation—as the supply of homes is far greater than the demand—11% of the nation’s homes stand empty today. When the world begins to recognize that there is no fix for America’s borrowings, a fast and brutal exodus from our currency and bonds can send us a shock in mere weeks or months.
Unlike the Great Depression, however, we will enter such a shock in a weakened state, with few producers among us and record mountains of debt. Corn and wheat prices in the U.S. have nearly doubled in less than 12 months, using our rapidly evaporating currency as the medium of exchange. The harm that comes will be swifter, and more severe, than most of them thought possible.
Hoyer Says Federal Budget May Not Be Balanced for 20 Years – CNS
House Minority Whip Steny Hoyer (D-Md.) said on Tuesday that it may take as many as 20 years to balance the federal budget after years of deficit spending in Washington. Hoyer, the number two House Democrat, said he is not satisfied l
Federal, state and local debt hits post-WWII levels – Washington Post
The daunting tower of national, state and local debt in the United States will reach a level this year unmatched just after World War II and already exceeds the size of the entire economy, according to government estimates. But any similarity between 1946 and now ends there. The U.S. debt levels tumbled in the years after World War II, but today they are still climbing and even deep cuts in spending won’t completely change that for several years.
Challenging the Teachers Unions By Jerry Shenk – American Thinker
The public school monopoly on taxpayer education funds is under challenge, and the unions are fighting back hard. The reason school choice and other educational reform policies are so hard to enact is that passing such bills requires elected public officials and teachers unions to care about other people’s children.
Teachers unions are big businesses managing big money with real political clout. Cumulatively, teachers unions are by far the largest contributor to political campaigns in America. Unions have taken over our schools, and they mean to keep control of them. In effect, American public education is a huge jobs and union dues creation program costing taxpayers unimaginable sums of money.
FEDERAL BUDGET BATTLE – Continuing Resolution
It Can Be Done By Jeffrey Lord – American Spectator
This war—a war in reality that is decidedly against freedom, liberty and capitalism, a war against private property and individual rights, all of which are at the core of the success of the American “working class”—is not new. It has been formally declared since at least the French Revolution in 1789, gaining strength in America as the industrial age of the late 19th and early 20th centuries picked up speed with the amusingly misnamed “progressive movement” and in various ports of call around the globe, from Russia to China to Europe to Latin America and more.
Congressman Huelskamp’s bold move is so significant. Neither he nor the good citizens of Kansas who elected him are in any mood to either be or read about evolving conservative congressmen. They want action. Now. Pronto. Get it done.
Herman Cain: ‘It’s Not Planned Parenthood—No, It’s Planned Genocide’ – CNS
Likely Republican presidential candidate Herman Cain supports ending all federal funding to Planned Parenthood, an abortion business that he said was founded to target African Americans and is continuing that mission.
“Here’s why I support de-funding Planned Parenthood, because you don’t hear a lot of people talking about this, when Margaret Sanger – check my history – started Planned Parenthood, the objective was to put these centers in primarily black communities so they could help kill black babies before they came into the world,” Cain told CNSNews.com on Tuesday when speaking at the conservative Heritage Foundation.
King-Bachmann Pledge: Vote ‘No’ on any CR That Permits Obamacare Funding – CNS
U.S. Representatives Steve King (R.-Iowa) and Michele Bachmann (R.-Minn.), two of the leading congressional proponents of the Tea Party movement, have taken a pledge and are asking all other House members to join them in it. Its terms are simple: The member vows to vote “no” on any continuing resolution that permits any funding for the implementation of Obamacare
Rep. LaTourette Says ‘Sure,’ He’ll Vote for CR That Permits ObamaCare and Planned Parenthood Funding – CNS
He said he would vote the same for future CRs as well, stressing that amendments to cut ObamaCare should not be part of the CR process.
Open Thread: Rubio Leads Charge Against Continuing Resolution – Newsbusters
How House Republican Leaders Are Going to Betray House Republican Freshmen – Redstate.com
The House Republicans leaders are scared to death of shutting down the government, never mind that a shutdown is really just a slow down. Meantime, the Democrats would love a shutdown. They remember 1995, and they remember that it was the government shutdown of 1995 that put Bill Clinton back in the driver’s seat. The Republican leadership and its inability to effectively whip its own freshman means the leadership needs a plan to scare the beejeezus out of Freshman Republicans. That plan requires a three week Continuing Resolution (CR).
House Republican Leader: CR Will Permit Funding of Obamacare – CNS
House Majority Leader Eric Cantor (R-Va.) said on Monday that the new continuing resolution (CR) the House will consider this week to keep the federal government funded will permit the Obama administration to spend money on the implementation of Obamacare