Tag: Budget Deficit

August 7, 2011

Oops. Time For Another Climate Fairy Tale…

James Taylor of Forbes has reported on new NASA data in an article titled “New NASA Data Blow Gaping Hold In Global Warming Alarmism“1. Basically it shows that all the climate models put forth by global warming (aka climate change) alarmists are faulty. For those inclined to read the underlying scientific paper titled “On the […]

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March 21, 2010

20 Ways ObamaCare Will Take Away Our Freedoms

Investor’s Business Daily1 has listed 20 examples of how ObamaCare will take away freedom of choice for Americans. A shortened version: 1. It will cost $750 annually to go without health insurance, even if you are young and healthy. (Section 1501) 2. You won’t be able to get health insurance premiums that reflect your (presumably […]

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February 13, 2010

The (R)’s Are Coming! — But The Congressional Credit Card Is Safe!

In yet another act of “unprecedented transparency”1, the Democrats have driven a bill through Congress that has now been signed by Obama (D) to raise the Congressional Credit Card limit to a staggering $14.294 TRILLION without the benefit of CSPAN capturing a single second of the closed door discussions.2 The vote in the Senate was […]

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January 28, 2010

Democrats Respond To Brown Election By Getting Ready To Spend $1,900,000,000,000

Spending your way to debt bondage In the sea of self-righteous proclamations by Democrats in Congress to wait for the new Republican Senator from Massachusetts before engaging in further healthcare debate, the same induhviduals have carefully neglected to discuss the real elephant in the room. Namely the national debt. The reason is now obvious. Harry […]

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December 2, 2009

Estimating the Cost of ObamaCare: $6 Trillion And Counting

Michael F. Cannon of the CATO Institute1 has provided some interesting metrics for estimating the real cost of ObamaCare.Movie Carol (2015) The issue is that while the Congressional Budget Office (CBO) evaluates the cost of ObamaCare at some $1 trillion, give or take, it is restricting itself to the impact to the Federal budget, and […]

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November 20, 2009

This One Sums It Up Pretty Well

Obamacare The Efficiency of the Postal Service The Sustainability of Social Security and all the Compassion of the IRS (No further comment)

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November 20, 2009

The California Bankruptcy Experiment

The Golden State hasn’t been that golden in a long while. Year after year the state seems to move from one budget crisis to the next. From one massive budget shortfall to another just as big or bigger. If political speeches promising a better future had any worth, the state would be platinum by now. […]

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November 16, 2009

Cash for clunkers cost $24,000 per vehicle sold…

Edmunds.com — known for evaluating new and used cars and their markets — collated its seasonal car sales numbers with the results of the cash for clunkers program (aka Car Allowance Rebate System) click this over here now. Their findings were that factoring in new car sales that would have taken place anyway, the government […]

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November 12, 2009

Some Interesting Facts on Government Run Healthcare

Government can run healthcare best, right? Afterall, with Social Security, Medicare and Medicaid they’ve had plenty of time to learn from past successes and failures, and not repeat them again, right? Regardless of your personal opinion, the following video should provide plenty of additional facts to go with the discussion. Source for the video is […]

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November 9, 2009

How does the budget deficit get paid for?

Now that the healthcare act will be dropping some $1,200 billion to $3,400 billion1 to the deficit over the next 10 years, how will we pay for it all?

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